Last 7 days
3.6%
Last 30 days
9.7%
Last 90 days
9.0%
Trailing 12 Months
-10.3%
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
2023 | 7.6B | 8.7B | 9.6B | 0 |
2022 | 3.9B | 4.3B | 5.1B | 6.2B |
2021 | 4.1B | 4.0B | 4.0B | 3.9B |
2020 | 4.8B | 4.6B | 4.3B | 4.2B |
2019 | 4.7B | 4.9B | 4.9B | 4.9B |
2018 | 4.2B | 4.3B | 4.5B | 4.6B |
2017 | 3.9B | 4.0B | 4.1B | 4.2B |
2016 | 3.4B | 3.6B | 3.8B | 3.9B |
2015 | 3.0B | 3.0B | 3.0B | 3.2B |
2014 | 3.0B | 2.9B | 2.9B | 3.0B |
2013 | 3.0B | 3.0B | 3.0B | 3.0B |
2012 | 2.8B | 2.9B | 2.9B | 2.9B |
2011 | 2.7B | 2.7B | 2.8B | 2.8B |
2010 | 2.7B | 2.8B | 2.7B | 2.7B |
2009 | 3.0B | 2.9B | 2.8B | 2.7B |
2008 | 3.5B | 3.4B | 3.3B | 3.3B |
2007 | 0 | 0 | 0 | 3.5B |
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
Dec 04, 2023 | geisel gary n | sold | -211,849 | 133 | -1,587 | - |
Dec 01, 2023 | walters kirk w | sold | -3,770,520 | 130 | -29,004 | - |
Dec 01, 2023 | walters kirk w | acquired | 3,417,250 | 117 | 29,004 | - |
Nov 29, 2023 | king darren j | gifted | - | - | 251 | sr. executive vice president |
Nov 29, 2023 | king darren j | gifted | - | - | -753 | sr. executive vice president |
Nov 21, 2023 | bojdak robert j | sold | -100,936 | 126 | -800 | sr. executive vice president |
Oct 30, 2023 | meister doris p. | sold | -110,583 | 110 | -1,000 | sr. executive vice president |
Oct 25, 2023 | bible daryl n. | bought | 555,218 | 111 | 5,000 | sr. evp & cfo |
Aug 11, 2023 | meister doris p. | sold | -136,023 | 136 | -1,000 | sr. executive vice president |
Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
Dec 06, 2023 | Raleigh Capital Management Inc. | added | 4.13 | 1,886 | 31,836 | 0.02% |
Dec 06, 2023 | CITIGROUP INC | added | 17.67 | 3,611,260 | 21,463,800 | 0.02% |
Dec 06, 2023 | VisionPoint Advisory Group, LLC | reduced | -16.75 | -14,219 | 81,034 | 0.04% |
Dec 04, 2023 | TUCKER ASSET MANAGEMENT LLC | added | 300 | 6,495 | 8,599 | -% |
Dec 01, 2023 | PFS Partners, LLC | unchanged | - | 142 | 6,702 | 0.01% |
Dec 01, 2023 | B. Riley Wealth Advisors, Inc. | added | 10.46 | 83,235 | 731,469 | 0.02% |
Nov 28, 2023 | BAR HARBOR WEALTH MANAGEMENT | unchanged | - | 6,467 | 303,986 | 0.02% |
Nov 27, 2023 | TRUST CO OF VERMONT | added | 1.79 | 78,491 | 2,037,490 | 0.14% |
Nov 27, 2023 | AllSquare Wealth Management LLC | unchanged | - | 56.00 | 5,817 | -% |
Nov 24, 2023 | DEUTSCHE BANK AG\ | added | 10.77 | 4,604,580 | 39,540,900 | 0.03% |
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Feb 09, 2023 | vanguard group inc | 11.79% | 20,344,678 | SC 13G/A | |
Feb 09, 2023 | fmr llc | - | 0 | SC 13G/A | |
Feb 06, 2023 | wellington management group llp | 6.49% | 11,207,528 | SC 13G/A | |
Feb 03, 2023 | state street corp | 4.60% | 7,948,380 | SC 13G/A | |
Jan 31, 2023 | blackrock inc. | 7.5% | 12,997,787 | SC 13G/A | |
Feb 11, 2022 | state street corp | 5.83% | 7,500,122 | SC 13G/A | |
Feb 10, 2022 | vanguard group inc | 11.11% | 14,291,165 | SC 13G/A | |
Feb 09, 2022 | fmr llc | - | 0 | SC 13G/A | |
Feb 04, 2022 | wellington management group llp | 6.09% | 7,835,045 | SC 13G | |
Feb 01, 2022 | blackrock inc. | 8.1% | 10,376,365 | SC 13G/A |
Date Filed | Form Type | Document | |
---|---|---|---|
Dec 07, 2023 | 144 | Notice of Insider Sale Intent | |
Dec 06, 2023 | 144 | Notice of Insider Sale Intent | |
Dec 05, 2023 | 4 | Insider Trading | |
Dec 05, 2023 | 8-K | Current Report | |
Dec 04, 2023 | 4 | Insider Trading | |
Dec 01, 2023 | 144 | Notice of Insider Sale Intent | |
Dec 01, 2023 | 144 | Notice of Insider Sale Intent | |
Nov 30, 2023 | 4 | Insider Trading | |
Nov 22, 2023 | 4 | Insider Trading | |
Nov 21, 2023 | 144 | Notice of Insider Sale Intent |
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
JPM | 461.6B | 154.1B | 8.89% | 19.25% | 9.01 | 3 | 24.85% | 38.27% |
BAC | 242.9B | 142.1B | 8.88% | -5.75% | 7.96 | 1.71 | 104.30% | 11.29% |
WFC | 165.7B | 94.4B | 10.62% | 6.95% | 9.02 | 1.75 | 34.62% | 12.81% |
C | 94.2B | 119.9B | 15.59% | 9.64% | 6.94 | 0.79 | 86.46% | - |
CFG | 13.6B | 9.8B | 13.02% | -26.15% | 6.56 | 1.39 | 62.73% | 6.26% |
KEY | 12.1B | 7.6B | 16.02% | -23.18% | 9.37 | 1.6 | 57.10% | -39.78% |
MID-CAP | ||||||||
ZION | 5.7B | 3.7B | 12.55% | -17.79% | 6.79 | 1.52 | 53.61% | 0.24% |
CMA | 5.1B | 4.0B | 16.04% | -22.62% | 3.95 | 1.61 | 76.30% | 16.42% |
ABCB | 3.2B | 1.2B | 15.04% | -7.07% | 11.31 | 2.64 | 53.00% | -17.58% |
ASB | 2.9B | 1.9B | 11.52% | -16.62% | 7.64 | 1.52 | 57.80% | 14.45% |
SMALL-CAP | ||||||||
AMNB | 467.6M | 115.7M | 7.71% | 19.54% | 15.52 | 4.04 | 24.10% | -20.09% |
AROW | 460.9M | 154.1M | 14.38% | -20.68% | 13.38 | 2.99 | 26.24% | -26.76% |
ALRS | 379.7M | 155.7M | 6.77% | -17.30% | 10.16 | 2.44 | 47.34% | -10.62% |
ACNB | 340.5M | 96.3M | 14.70% | 6.79% | 9.01 | 3.54 | 19.08% | 25.77% |
ASRV | 51.6M | 58.7M | 16.60% | -24.50% | 17.66 | 0.88 | 25.03% | -65.02% |
Income Statement (Quarterly) | (In Millions) | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 |
Revenue | 5.0% | 2,641 | 2,516 | 2,327 | 2,072 | 1,782 | 1,465 | 928 | 959 | 993 | 970 | 1,017 | 1,039 | 1,001 | 1,032 | 1,120 | 1,186 | 1,229 | 1,238 | 1,226 | 1,220 | 1,167 |
EBITDA Margin | -100.0% | - | 1.27* | 1.28* | 1.35* | 1.39* | 1.43* | 1.58* | 1.59* | 1.58* | 1.53* | 1.48* | 1.38* | 1.35* | 1.33* | 1.36* | - | - | - | - | - | - |
Interest Expenses | -100.0% | - | 1,799 | 1,818 | 1,827 | 1,679 | 1,412 | 904 | 934 | 967 | 942 | 981 | 989 | 943 | 957 | 977 | 1,009 | 1,030 | 1,041 | 1,050 | 1,059 | 1,029 |
Income Taxes | -25.7% | 217 | 293 | 225 | 245 | 201 | 60.00 | 113 | 142 | 162 | 148 | 145 | 149 | 115 | 71.00 | 81.00 | 159 | 155 | 152 | 152 | 153 | 170 |
Earnings Before Taxes | -21.8% | 907 | 1,160 | 926 | 1,011 | 848 | 278 | 475 | 600 | 657 | 606 | 593 | 621 | 487 | 312 | 350 | 652 | 635 | 626 | 634 | 699 | 696 |
EBT Margin | -100.0% | - | 0.45* | 0.40* | 0.42* | 0.43* | 0.46* | 0.61* | 0.62* | 0.62* | 0.57* | 0.49* | 0.42* | 0.42* | 0.43* | 0.47* | - | - | - | - | - | - |
Net Income | -20.4% | 690 | 867 | 702 | 765 | 647 | 218 | 362 | 458 | 495 | 458 | 447 | 471 | 372 | 241 | 269 | 493 | 480 | 473 | 483 | 546 | 526 |
Net Income Margin | -100.0% | - | 0.27* | 0.22* | 0.22* | 0.33* | 0.68* | 0.46* | 0.47* | 0.47* | 0.43* | 0.37* | 0.32* | 0.32* | 0.32* | 0.36* | - | - | - | - | - | - |
Free Cashflow | -100.0% | - | 1,257 | 428 | 954 | 1,137 | 1,187 | 1,296 | 697 | 486 | 537 | 995 | 664 | -6.01 | 526 | -394 | - | - | - | - | - | - |
Balance Sheet | (In Millions) | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Assets | 0.7% | 209,124 | 207,672 | 202,956 | 200,730 | 199,343 | 197,955 | 204,033 | 149,864 | 155,107 | 151,901 | 150,623 | 150,481 | 142,601 | 138,627 | 139,537 | 124,578 | 119,873 | 125,501 | 121,555 | 120,025 | 120,097 |
Cash Equivalents | -4.3% | 1,769 | 1,848 | 1,818 | 1,520 | - | 2,256 | 1,688 | 1,411 | 1,338 | 1,480 | 1,410 | 1,260 | 1,553 | 1,489 | 1,355 | 1,298 | 1,436 | 1,819 | 1,272 | 1,267 | 1,605 |
Net PPE | 0.5% | 1,681 | 1,673 | 1,664 | 1,654 | - | 1,620 | 1,600 | 1,135 | 1,145 | 1,118 | 1,117 | 1,149 | 1,162 | 1,147 | 1,155 | 1,155 | 1,141 | 1,074 | 1,067 | 1,045 | 647 |
Goodwill | 0% | 8,465 | 8,465 | 8,490 | 8,490 | - | 8,501 | 8,501 | 3,900 | 4,593 | 4,593 | 4,593 | 4,593 | 4,593 | 4,593 | 4,593 | 4,593 | 4,593 | 4,593 | 4,593 | 4,593 | 4,593 |
Liabilities | 0.6% | 182,928 | 181,871 | 177,579 | 175,412 | - | 172,699 | 178,238 | 131,988 | 137,204 | 134,372 | 133,902 | 134,035 | 126,414 | 122,526 | 123,592 | 108,762 | 104,156 | 109,721 | 105,863 | 104,438 | 104,637 |
Short Term Borrowings | -14.9% | 6,731 | 7,908 | 6,995 | 3,555 | - | 918 | 1,119 | 50.00 | 47.00 | 104 | 91.00 | 59.00 | 59.00 | 46.00 | 52.00 | 59.00 | 62.00 | 5,514 | 4,611 | 3,603 | 4,398 |
Long Term Debt | -4.0% | 7,123 | 7,417 | 7,463 | 3,965 | - | 3,459 | 3,017 | 3,444 | 3,485 | 3,500 | 3,499 | 3,499 | 4,382 | 5,459 | 6,321 | 6,321 | 6,986 | 7,003 | 7,656 | 8,476 | 8,445 |
Shareholder's Equity | 1.5% | 26,197 | 25,801 | 25,377 | 25,318 | 6.00 | 25,256 | 25,795 | 17,876 | 17,903 | 17,529 | 16,720 | 16,447 | 16,187 | 16,101 | 15,945 | 15,816 | 15,717 | 15,780 | 15,692 | 15,588 | 15,460 |
Retained Earnings | 2.7% | 17,284 | 16,837 | 16,212 | 15,754 | - | 15,220 | 14,809 | 14,831 | 14,646 | 14,366 | 14,030 | 13,732 | 13,444 | 13,132 | 12,919 | 12,837 | 12,821 | 12,490 | 12,162 | 11,842 | 11,517 |
Additional Paid-In Capital | 0.1% | 10,012 | 10,000 | 9,986 | 10,003 | - | 9,994 | 9,987 | 6,612 | 6,635 | 6,625 | 6,621 | 6,611 | 6,617 | 6,610 | 6,599 | 6,588 | 6,594 | 6,585 | 6,578 | 6,568 | 6,579 |
Shares Outstanding | -100.0% | - | 166 | 168 | - | - | 175 | 177 | 129 | - | 129 | 129 | 129 | - | 128 | 128 | 130 | - | 133 | 135 | 138 | - |
Cashflow (Quarterly) | (In Millions) | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 |
Cashflow From Operations | 12.9% | 1,420 | 1,257 | 428 | 954 | 1,137 | 1,187 | 1,296 | 697 | 486 | 537 | 995 | 664 | -6.01 | 526 | -394 | 1,131 | 747 | 67.00 | 413 | 550 | 1,018 |
Cashflow From Investing | 61.1% | -1,907 | -4,901 | -1,747 | -3,665 | 6,219 | 9,843 | 4,196 | -3,453 | -1,195 | -50.62 | -8,931 | -4,043 | 967 | -15,091 | -3,852 | 4,727 | -3,418 | -852 | 271 | -2,946 | 874 |
Cashflow From Financing | -88.9% | 408 | 3,675 | 1,617 | 1,976 | -6,788 | -10,753 | -5,417 | 2,614 | 779 | -335 | 7,644 | 3,443 | -826 | 14,623 | 4,109 | -6,240 | 3,220 | 790 | -1,022 | 2,690 | -1,949 |
Dividend Payments | 0.1% | 216 | 216 | 221 | 205 | 209 | 213 | 157 | 155 | 142 | 142 | 142 | 142 | 142 | 142 | 143 | 145 | 133 | 134 | 140 | 139 | 144 |
Buy Backs | - | - | - | 594 | 600 | 600 | - | - | - | - | - | - | - | - | - | 374 | 282 | 300 | 402 | 366 | 500 | 499 |
Consolidated Statement of Income (Unaudited) - USD ($) shares in Thousands, $ in Thousands | 3 Months Ended | 9 Months Ended | ||
---|---|---|---|---|
Sep. 30, 2023 | Sep. 30, 2022 | Sep. 30, 2023 | Sep. 30, 2022 | |
Interest income | ||||
Loans and leases, including fees | $ 2,061,570 | $ 1,455,612 | $ 5,909,035 | $ 3,572,954 |
Investment securities | ||||
Fully taxable | 199,187 | 135,766 | 578,656 | 294,290 |
Exempt from federal taxes | 16,425 | 16,555 | 49,541 | 34,388 |
Deposits at banks | 362,840 | 172,956 | 943,686 | 272,009 |
Other | 1,377 | 624 | 3,091 | 1,270 |
Total interest income | 2,641,399 | 1,781,513 | 7,484,009 | 4,174,911 |
Interest expense | ||||
Savings and interest-checking deposits | 494,219 | 68,690 | 1,139,649 | 103,344 |
Time deposits | 201,541 | 1,124 | 441,075 | 3,748 |
Short-term borrowings | 69,481 | 2,670 | 223,253 | 6,090 |
Long-term borrowings | 100,770 | 30,338 | 287,251 | 67,147 |
Total interest expense | 866,011 | 102,822 | 2,091,228 | 180,329 |
Net interest income | 1,775,388 | 1,678,691 | 5,392,781 | 3,994,582 |
Provision for credit losses | 150,000 | 115,000 | 420,000 | 427,000 |
Net interest income after provision for credit losses | 1,625,388 | 1,563,691 | 4,972,781 | 3,567,582 |
Other income | ||||
Brokerage services income | 26,988 | 21,086 | 76,155 | 65,414 |
Trading account and other non-hedging derivative gains | 9,379 | 5,081 | 37,808 | 12,743 |
Gain (loss) on bank investment securities | (235) | (1,108) | 353 | (1,913) |
Other revenues from operations | 142,519 | 153,189 | 664,034 | 436,943 |
Total other income | 559,581 | 563,079 | 1,949,885 | 1,675,066 |
Other expense | ||||
Salaries and employee benefits | 726,940 | 736,354 | 2,272,547 | 2,090,075 |
Equipment and net occupancy | 130,842 | 127,117 | 386,435 | 337,584 |
Outside data processing and software | 110,691 | 95,068 | 322,909 | 268,607 |
FDIC assessments | 29,364 | 28,105 | 87,054 | 66,266 |
Advertising and marketing | 22,898 | 21,398 | 82,314 | 58,057 |
Printing, postage and supplies | 13,964 | 14,768 | 42,346 | 40,488 |
Amortization of core deposit and other intangible assets | 14,946 | 18,384 | 47,099 | 38,024 |
Other costs of operations | 227,893 | 238,059 | 688,623 | 743,047 |
Total other expense | 1,277,538 | 1,279,253 | 3,929,327 | 3,642,148 |
Income before taxes | 907,431 | 847,517 | 2,993,339 | 1,600,500 |
Income taxes | 217,490 | 200,921 | 734,740 | 374,208 |
Net income | 689,941 | 646,596 | 2,258,599 | 1,226,292 |
Net income available to common shareholders | ||||
Basic | 663,763 | 620,549 | 2,179,802 | 1,152,400 |
Diluted | $ 663,766 | $ 620,554 | $ 2,179,812 | $ 1,152,406 |
Net income per common share | ||||
Basic | $ 4 | $ 3.55 | $ 13.09 | $ 7.18 |
Diluted | $ 3.98 | $ 3.53 | $ 13.05 | $ 7.14 |
Average common shares outstanding | ||||
Basic | 165,909 | 174,609 | 166,488 | 160,474 |
Diluted | 166,570 | 175,682 | 167,093 | 161,295 |
Mortgage Banking Revenues [Member] | ||||
Other income | ||||
Revenue from contract with customer | $ 104,478 | $ 83,041 | $ 296,575 | $ 275,115 |
Service Charges on Deposit Accounts [Member] | ||||
Other income | ||||
Revenue from contract with customer | 121,360 | 115,213 | 353,603 | 340,890 |
Trust Income [Member] | ||||
Other income | ||||
Revenue from contract with customer | $ 155,092 | $ 186,577 | $ 521,357 | $ 545,874 |
Consolidated Balance Sheet (Unaudited) - USD ($) $ in Thousands | Sep. 30, 2023 | Dec. 31, 2022 |
---|---|---|
Assets | ||
Cash and due from banks | $ 1,768,864 | $ 1,517,244 |
Interest-bearing deposits at banks | 30,114,286 | 24,958,719 |
Federal funds sold | 3,000 | |
Trading account | 136,998 | 117,847 |
Investment securities | ||
Available for sale (cost: $11,038,966 at September 30, 2023; $11,193,152 at December 31, 2022) | 10,592,409 | 10,748,961 |
Held to maturity (fair value: $13,764,943 at September 30, 2023; $12,375,420 at December 31, 2022) | 15,571,120 | 13,529,969 |
Equity and other securities (cost: $1,174,046 at September 30, 2023; $933,766 at December 31, 2022) | 1,172,574 | 931,941 |
Total investment securities | 27,336,103 | 25,210,871 |
Loans and leases | 133,133,497 | 132,074,156 |
Unearned discount | (778,812) | (509,993) |
Loans and leases, net of unearned discount | 132,354,685 | 131,564,163 |
Allowance for credit losses | (2,052,127) | (1,925,331) |
Loans and leases, net | 130,302,558 | 129,638,832 |
Premises and equipment | 1,681,051 | 1,653,628 |
Goodwill | 8,465,089 | 8,490,089 |
Core deposit and other intangible assets | 162,275 | 209,374 |
Accrued interest and other assets | 9,157,092 | 8,930,237 |
Total assets | 209,124,316 | 200,729,841 |
Liabilities | ||
Noninterest-bearing deposits | 53,786,987 | 65,501,860 |
Savings and interest-checking deposits | 90,297,219 | 87,911,463 |
Time deposits | 20,043,601 | 10,101,545 |
Total deposits | 164,127,807 | 163,514,868 |
Short-term borrowings | 6,730,663 | 3,554,951 |
Accrued interest and other liabilities | 4,945,918 | 4,377,495 |
Long-term borrowings | 7,123,426 | 3,964,537 |
Total liabilities | 182,927,814 | 175,411,851 |
Shareholders' equity | ||
Preferred stock, $1.00 par, 20,000,000 shares authorized; Issued and outstanding: Liquidation preference of $1,000 per share: 350,000 shares at September 30, 2023 and December 31, 2022; Liquidation preference of $10,000 per share: 140,000 shares at September 30, 2023 and December 31, 2022; Liquidation preference of $25 per share: 10,000,000 shares at September 30, 2023 and December 31, 2022 | 2,010,600 | 2,010,600 |
Common stock, $.50 par, 250,000,000 shares authorized, 179,436,779 shares issued at September 30, 2023 and December 31, 2022 | 89,718 | 89,718 |
Common stock issuable, 12,140 shares at September 30, 2023; 14,031 shares at December 31, 2022 | 979 | 1,112 |
Additional paid-in capital | 10,012,438 | 10,002,891 |
Retained earnings | 17,284,350 | 15,753,978 |
Accumulated other comprehensive income (loss), net | (941,878) | (790,030) |
Treasury stock - common, at cost - 13,478,535 shares at September 30, 2023; 10,165,419 shares at December 31, 2022 | (2,259,705) | (1,750,279) |
Total shareholders’ equity | 26,196,502 | 25,317,990 |
Total liabilities and shareholders’ equity | $ 209,124,316 | $ 200,729,841 |
CEO | Mr. Rene F. Jones CPA |
---|---|
WEBSITE | www3.mtb.com |
EMPLOYEES | 22946 |