M&T Bank

M&T Bank traces its origins to the founding of Manufacturers and Traders Bank in Buffalo, New York.

Launch date

1856

Employees

Market cap

Enterprise valuation

€8.6b (Public information from Sep 2024)

Buffalo New York (HQ)

https://www3.mtb.com/

https://twitter.com/mandt_bank https://www.facebook.com/mandtbank https://www.linkedin.com/company/m&t-bank

Revenues, earnings & profits over time

USD	2021	2022	2023	2024	2025	2026	2027
Revenues	18.1b	25.3b	25.3b	23.9b	22.2b	21.6b	20.1b
% growth	(29 %)	40 %	-	(6 %)	(7 %)	(3 %)	(7 %)
EBITDA	(32.0m)	3.1b	2.5b	2.1b	2.0b	1.9b	1.9b
% EBITDA margin	-	12 %	10 %	9 %	9 %	9 %	9 %
Profit	(3.9b)	1.4b	1.2b	105m	755m	744m	960m
% profit margin	(22 %)	6 %	5 %	-	3 %	3 %	5 %
EV / revenue	0.4x	0.4x	0.3x	0.3x	0.3x	0.3x	0.3x
EV / EBITDA	-242.5x	2.9x	2.6x	3.3x	2.9x	2.8x	2.7x

Date	Investors	Amount	Round
Aug 1983	N/A	N/A	IPO
Aug 2023*	Spectrum Wealth Advisors	$499k	Post IPO Equity
Dec 2023*	Brookfield Corporation	$19.7m	Post IPO Equity
Aug 2024*	Swedbank	$1.4m	Post IPO Equity
Total Funding		-

By Country

United States 20

By Industry

Real Estate 7 Fintech 5 Transportation 2 Energy 2 Education 1 Wellness Beauty 1 Semiconductors 1 Food 1

By Round

POST IPO DEBT 7 DEBT 6 ACQUISITION 1 SEED 1

exited

Cedar Realty Trust

Hudson City Bancorp

ACQUISITION by M&T Bank Nov 2015

exited

Invitation Homes