M&T Bank (MTB) Revenue — Quarter Ended Sep 30, 2024
Revenue increased in the current quarter compared with both the prior quarter and the same quarter a year ago. The sequential growth was modest, while the year-over-year gain was more pronounced.
Key takeaway
Quarter ended Sep 30, 2024 · FY2024 Q3
Revenue increased in the current quarter compared with both the prior quarter and the same quarter a year ago. The sequential growth was modest, while the year-over-year gain was more pronounced.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$394M
Revenue reported for this quarter.
Quarter-over-quarter
+1.5%
Change from the immediately preceding quarter.
Year-over-year
+9.4%
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 |
|---|---|---|
| Dec 31, 2023 | $365M | n/a |
| Mar 31, 2024 | $367M | n/a |
| Jun 30, 2024 | $388M | +3.2% |
| Sep 30, 2024 | $394M | +9.4% |
Revenue performance
The reported revenue for the quarter was higher than the preceding quarter, continuing an upward trend observed over recent periods.
Quarterly comparison
Compared with the immediately preceding quarter, revenue rose slightly. Relative to the same quarter one year earlier, revenue showed a stronger increase.
What to watch
The filing context does not provide specific risk factors or management discussion beyond standard references.