Also trades as: MTB-PJ (NYSE) · $vol 1M · 0JW2.L (LSE) · $vol 1M · MTB-PH (NYSE) · $vol 1M

$213.18

+0.85 (+0.40%)

Weekly Expected Move ±2.6%

$194 $199 $205 $210 $216

NYSE · Financial Services · Banks - Regional · Alpha Radar Neutral · Power 51 · $31.2B mcap · 146M float · 0.764% daily turnover · Short 72% of daily vol

Overview News Chart Smart Money Financials Income Statement Cash Flow Balance Sheet Earnings

Dividends Analysis Technicals Weather Peers ESG Institutions ETF Exposure Dark Pool Short Interest

Revenue Segmentation

By Product / Service

By Geography

Revenue by Segment (5-Year Trend)

Income Trends

Revenue

$12.3B -8.2% ▼

5Y CAGR: +14.4%

Gross Profit

$9.2B +6.5% ▲

5Y CAGR: +12.2%

Operating Income

$3.7B +11.5% ▲

5Y CAGR: +15.8%

Net Income

$2.9B +10.2% ▲

5Y CAGR: +16.1%

EPS (Diluted)

$17.00 +16.1% ▲

5Y CAGR: +11.3%

EBITDA

$4.0B +3.6% ▲

5Y CAGR: +13.6%

Profit Margins

Year-over-Year Growth

View Full Income Statement

Line Item	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	$6.1B	$8.4B	$12.5B	$13.4B	$12.3B
YoY Growth	-3.3%	+38.9%	+48.2%	+7.2%	-8.2%
Cost of Revenue	$39M	$942M	$3.8B	$4.8B	$3.1B
Gross Profit	$6.0B	$7.5B	$8.8B	$8.6B	$9.2B
Gross Margin	99.4%	88.8%	70.0%	64.3%	74.6%
R&D Expenses	$0	$0	$0	$0	$0
SG&A Expenses	$2.2B	$3.0B	$3.2B	$3.4B	$3.2B
Operating Expenses	$3.6B	$4.9B	$5.1B	$5.3B	$5.5B
Operating Income	$2.5B	$2.6B	$3.6B	$3.3B	$3.7B
Operating Margin	40.4%	31.0%	28.9%	24.7%	30.0%
Interest Expense	$114M	$425M	$3.1B	$4.2B	$3.5B
Income Before Tax	$2.5B	$2.6B	$3.6B	$3.3B	$3.7B
Tax Expense	$596M	$620M	$878M	$722M	$841M
Net Income	$1.9B	$2.0B	$2.7B	$2.6B	$2.9B
Net Margin	30.6%	23.6%	21.9%	19.3%	23.2%
EPS (Diluted)	$13.80	$11.53	$15.79	$14.64	$17.00
EBITDA	$2.8B	$3.0B	$4.1B	$3.8B	$4.0B
Shares Outstanding	129M	164M	167M	167M	157M

Line Item	FY2024 Q2	FY2024 Q3	FY2024 Q4	FY2025 Q1	FY2025 Q2	FY2025 Q3	FY2025 Q4	FY2026 Q1
Revenue	$3.4B	$3.4B	$3.3B	$3.2B	$3.3B	$2.5B	$3.3B	$3.2B
Cost of Revenue	$1.2B	$1.2B	$1.1B	$995M	$1.0B	$125M	$983M	$924M
Gross Profit	$2.2B	$2.2B	$2.2B	$2.2B	$2.3B	$2.4B	$2.4B	$2.3B
Gross Margin	63.8%	65.2%	66.5%	68.6%	69.0%	95.0%	70.5%	71.3%
R&D Expenses	$0	$0	$0	$0	$0	$0	$0	$0
SG&A Expenses	$828M	$827M	$810M	$932M	$838M	$663M	$809M	$1.4B
Operating Expenses	$1.3B	$1.3B	$1.3B	$1.4B	$1.3B	$1.4B	$1.4B	$1.4B
Operating Income	$855M	$909M	$882M	$761M	$935M	$1.0B	$971M	$863M
Operating Margin	25.3%	26.8%	26.4%	24.0%	28.4%	40.8%	29.1%	26.8%
Interest Expense	$1.1B	$1.1B	$979M	$865M	$896M	$919M	$858M	$784M
Income Before Tax	$855M	$909M	$882M	$761M	$935M	$1.0B	$971M	$863M
Tax Expense	$200M	$188M	$201M	$177M	$219M	$233M	$212M	$199M
Net Income	$655M	$721M	$681M	$584M	$716M	$792M	$759M	$664M
Net Margin	19.4%	21.3%	20.4%	18.4%	21.7%	31.5%	22.8%	20.6%
EPS (Diluted)	$3.73	$4.02	$3.86	$3.32	$4.24	$4.82	$4.67	$4.24
EBITDA	$982M	$1.0B	$1.0B	$891M	$1.1B	$1.0B	$971M	$863M
Shares Outstanding	168M	168M	167M	165M	160M	157M	157M	157M

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