Filing Flows › M&T Bank (MTB) › Q2 2025
M&T Bank (MTB) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 4, 2025
M&T Bank (MTB) reported revenue of $2.4B for the second quarter 2025 (Q2 2025), +4% from a year earlier and +4% from the quarter before. Operating margin was 39.0%, net earnings $716M (29.9% of revenue).
M&T Bank, Q2 2025: revenue $2.4B (+4% year over year), operating margin 39.0%, net earnings $716M, operating cash flow $844M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.4B | +4% | +4% |
| Operating profit | $935M | +23% | +9% |
| Net earnings | $716M | +23% | +9% |
| Operating cash flow | $844M | +33% | -38% |
What changed
Revenue was $2.4B in Q2 2025, up 4% year over year and up 4% from the previous quarter.
Operating profit was $0.94B, a 39.0% margin (up 1.9 points year over year). Of the extra revenue versus a year earlier, 85% reached operating profit, above the 37% margin then. Total costs grew 1% against revenue growth of 4%. Net earnings were $0.72B, up 9% year over year. The effective tax rate was 23.4%.
Operating cash flow was $0.84B (down 38% year over year), 118% of net earnings. Non-cash charges added back $0.08B of depreciation and amortization. Working capital and other items added $0.05B.
Questions
What was M&T Bank's revenue in the second quarter 2025?
M&T Bank (MTB) reported revenue of $2.4B for the second quarter 2025 (Q2 2025), +4% from a year earlier and +4% from the quarter before.
Was M&T Bank profitable in the second quarter 2025?
Operating profit was $935M (39.0% of revenue) and net earnings $716M.
Source: M&T Bank 10-Q on SEC EDGAR.