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

AUD14.6b (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