M&T Bank annual net debt
2008
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2021
2022
2023
2024
2025
M&T Bank Net Debt Growth & History (MTB)
M&T Bank's net debt was −$5.06B for fiscal 2025.
View full M&T Bank company overviewM&T Bank annual net debt history
| Fiscal year | Period ended | Net debt | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | −$5.06B | $1.38B | — |
| 2024 | 2024-12-31 | −$6.44B | $9.13B | — |
| 2023 | 2023-12-31 | −$15.57B | $2.68B | — |
| 2022 | 2022-12-31 | −$18.25B | −$20.88B | — |
| 2021 | 2021-12-31 | $2.63B | −$730.3M | −21.76% |
| 2020 | 2020-12-31 | $3.36B | −$2.74B | −44.99% |
| 2019 | 2019-12-31 | $6.10B | −$5.14B | −45.72% |
| 2018 | 2018-12-31 | $11.24B | $4.34B | +62.97% |
| 2017 | 2017-12-31 | $6.90B | −$1.44B | −17.29% |
| 2016 | 2016-12-31 | $8.34B | −$3.08B | −26.99% |
| 2015 | 2015-12-31 | $11.42B | $3.59B | +45.89% |
| 2014 | 2014-12-31 | $7.83B | $4.13B | +111.73% |
| 2013 | 2013-12-31 | $3.70B | $766,000 | +0.02% |
| 2012 | 2012-12-31 | $3.70B | −$2.32B | −38.57% |
| 2011 | 2011-12-31 | $6.02B | −$1.84B | −23.40% |
| 2010 | 2010-12-31 | $7.85B | −$1.37B | −14.86% |
| 2009 | 2009-12-31 | $9.22B | −$1.28B | −12.21% |
| 2008 | 2008-12-31 | $10.51B | — | — |
M&T Bank quarterly net debt
Q4.08
Q2.09
Q3.09
Q4.09
Q1.10
Q2.10
Q3.10
Q4.10
Q1.11
Q2.11
Q3.11
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Q1.12
Q2.12
Q3.12
Q4.12
Q1.13
Q2.13
Q3.13
Q4.13
Q1.14
Q2.14
Q3.14
Q4.14
Q1.15
Q2.15
Q3.15
Q4.15
Q1.16
Q2.16
Q3.16
Q4.16
Q1.17
Q2.17
Q3.17
Q4.17
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Q2.18
Q3.18
Q4.18
Q1.19
Q2.19
Q3.19
Q4.19
Q1.20
Q2.20
Q3.20
Q4.20
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Net debt | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $744.0M | $7.72B | — |
| Q1 2026 | 2026-03-31 | $2.68B | $13.37B | — |
| Q4 2025 | 2025-12-31 | −$5.06B | $1.38B | — |
| Q3 2025 | 2025-09-30 | $13.04B | $1.06B | +8.90% |
| Q2 2025 | 2025-06-30 | −$6.97B | −$21.28B | — |
| Q1 2025 | 2025-03-31 | −$10.70B | −$25.25B | — |
| Q4 2024 | 2024-12-31 | −$6.44B | $9.13B | — |
| Q3 2024 | 2024-09-30 | $11.97B | −$113.1M | −0.94% |
| Q2 2024 | 2024-06-30 | $14.30B | $828.5M | +6.15% |
| Q1 2024 | 2024-03-31 | $14.55B | $1.91B | +15.11% |
| Q4 2023 | 2023-12-31 | −$15.57B | $2.68B | — |
| Q3 2023 | 2023-09-30 | $12.09B | $9.96B | +469.69% |
| Q2 2023 | 2023-06-30 | $13.48B | $11.03B | +450.42% |
| Q1 2023 | 2023-03-31 | $12.64B | $10.56B | +506.99% |
| Q4 2022 | 2022-12-31 | −$18.25B | −$20.88B | — |
| Q3 2022 | 2022-09-30 | $2.12B | −$2.9M | −0.14% |
| Q2 2022 | 2022-06-30 | $2.45B | $268.2M | +12.30% |
| Q1 2022 | 2022-03-31 | $2.08B | −$215.0M | −9.36% |
| Q4 2021 | 2021-12-31 | $2.63B | −$730.3M | −21.76% |
| Q3 2021 | 2021-09-30 | $2.12B | −$1.89B | −47.10% |
| Q2 2021 | 2021-06-30 | $2.18B | −$2.84B | −56.56% |
| Q1 2021 | 2021-03-31 | $2.30B | −$2.78B | −54.80% |
| Q4 2020 | 2020-12-31 | $3.36B | −$2.74B | −44.99% |
| Q3 2020 | 2020-09-30 | $4.02B | −$7.11B | −63.89% |
| Q2 2020 | 2020-06-30 | $5.02B | −$6.40B | −56.04% |
| Q1 2020 | 2020-03-31 | $5.08B | −$6.15B | −54.75% |
| Q4 2019 | 2019-12-31 | $6.10B | −$5.14B | −45.72% |
| Q3 2019 | 2019-09-30 | $11.12B | $1.98B | +21.70% |
| Q2 2019 | 2019-06-30 | $11.42B | $1.17B | +11.36% |
| Q1 2019 | 2019-03-31 | $11.23B | $2.31B | +25.85% |
| Q4 2018 | 2018-12-31 | $11.24B | $4.34B | +62.97% |
| Q3 2018 | 2018-09-30 | $9.14B | $1.93B | +26.76% |
| Q2 2018 | 2018-06-30 | $10.25B | $3.95B | +62.63% |
| Q1 2018 | 2018-03-31 | $8.92B | $2.12B | +31.23% |
| Q4 2017 | 2017-12-31 | $6.90B | −$1.44B | −17.29% |
| Q3 2017 | 2017-09-30 | $7.21B | −$1.67B | −18.80% |
| Q2 2017 | 2017-06-30 | $6.30B | −$2.74B | −30.30% |
| Q1 2017 | 2017-03-31 | $6.80B | −$2.36B | −25.78% |
| Q4 2016 | 2016-12-31 | $8.34B | −$3.08B | −26.99% |
| Q3 2016 | 2016-09-30 | $8.88B | −$45.6M | −0.51% |
| Q2 2016 | 2016-06-30 | $9.04B | $219.3M | +2.48% |
| Q1 2016 | 2016-03-31 | $9.16B | $20.6M | +0.22% |
| Q4 2015 | 2015-12-31 | $11.42B | $3.59B | +45.89% |
| Q3 2015 | 2015-09-30 | $8.92B | $1.39B | +18.40% |
| Q2 2015 | 2015-06-30 | $8.83B | $3.35B | +61.20% |
| Q1 2015 | 2015-03-31 | $9.14B | $4.65B | +103.70% |
| Q4 2014 | 2014-12-31 | $7.83B | $4.13B | +111.73% |
| Q3 2014 | 2014-09-30 | $7.54B | $4.48B | +146.21% |
| Q2 2014 | 2014-06-30 | $5.47B | $1.83B | +50.07% |
| Q1 2014 | 2014-03-31 | $4.49B | $919.6M | +25.77% |
| Q4 2013 | 2013-12-31 | $3.70B | $766,000 | +0.02% |
| Q3 2013 | 2013-09-30 | $3.06B | −$285.0M | −8.52% |
| Q2 2013 | 2013-06-30 | $3.65B | −$617.1M | −14.47% |
| Q1 2013 | 2013-03-31 | $3.57B | −$1.61B | −31.14% |
| Q4 2012 | 2012-12-31 | $3.70B | −$2.32B | −38.57% |
| Q3 2012 | 2012-09-30 | $3.35B | −$2.19B | −39.57% |
| Q2 2012 | 2012-06-30 | $4.27B | −$1.65B | −27.85% |
| Q1 2012 | 2012-03-31 | $5.18B | −$1.20B | −18.85% |
| Q4 2011 | 2011-12-31 | $6.02B | −$1.84B | −23.40% |
| Q3 2011 | 2011-09-30 | $5.54B | −$2.43B | −30.53% |
| Q2 2011 | 2011-06-30 | $5.91B | −$2.29B | −27.91% |
| Q1 2011 | 2011-03-31 | $6.39B | −$2.64B | −29.21% |
| Q4 2010 | 2010-12-31 | $7.85B | −$1.37B | −14.86% |
| Q3 2010 | 2010-09-30 | $7.97B | −$1.01B | −11.23% |
| Q2 2010 | 2010-06-30 | $8.20B | −$2.22B | −21.29% |
| Q1 2010 | 2010-03-31 | $9.02B | — | — |
| Q4 2009 | 2009-12-31 | $9.22B | −$1.28B | −12.21% |
| Q3 2009 | 2009-09-30 | $8.98B | — | — |
| Q2 2009 | 2009-06-30 | $10.42B | — | — |
| Q4 2008 | 2008-12-31 | $10.51B | — | — |
M&T Bank net debt trends
Over the last five fiscal years, M&T Bank's net debt decreased from $3.36B to −$5.06B, a change of −$8.41B. The latest reported quarter, Q2 2026, shows $744.0M.
About the metric
What net debt means
Net debt compares a company’s interest-bearing debt with its cash and cash equivalents. Positive net debt means debt exceeds cash, while a negative value indicates the company has more cash than debt on this measure.
Calculation and source
How net debt is calculated
TickerStat calculates net debt as total interest-bearing debt minus cash and cash equivalents at the same reporting-period end. Short-term investments are not subtracted because they are not included in the standardized cash series. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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