M&T Bank (MTB) Revenue — Quarter Ended Jun 30, 2024
Revenue increased in the current quarter compared to both the prior quarter and the same quarter a year earlier. The trajectory shows continued growth relative to recent quarterly figures.
Key takeaway
Quarter ended Jun 30, 2024 · FY2024 Q2
Revenue increased in the current quarter compared to both the prior quarter and the same quarter a year earlier. The trajectory shows continued growth relative to recent quarterly figures.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$388M
Revenue reported for this quarter.
Quarter-over-quarter
+5.7%
Change from the immediately preceding quarter.
Year-over-year
+3.2%
Change from the comparable year-ago quarter.
Trailing four quarters
$1.5B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Sep 30, 2023 | $360M | n/a |
| Dec 31, 2023 | $365M | n/a |
| Mar 31, 2024 | $367M | n/a |
| Jun 30, 2024 | $388M | +3.2% |
Revenue performance
Revenue rose from the immediately preceding quarter, marking an upward movement in the short term.
Quarterly comparison
Compared to the same quarter one year earlier, revenue was higher, indicating year-over-year expansion. The prior quarter also showed an increase relative to the quarter before that.
What to watch
The filing context does not provide specific drivers or risks beyond the reported trend.