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Income Statement
M&T BANK CORP (MTB)
source: myfinsight.com
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Investment securities$334M Loans$2,054M (-3.48%↓ Y/Y)Deposits at banks$219M (-45.25%↓ Y/Y)Other$2M (100.00%↑ Y/Y)Total interest income$2,609M (-6.45%↓ Y/Y)Net interest income$1,713M (-0.29%↓ Y/Y)Service charges ondeposit accounts$137M (7.87%↑ Y/Y)Mortgage bankingrevenues$130M (22.64%↑ Y/Y)Trust income$182M (7.06%↑ Y/Y)Brokerage services income$31M (3.33%↑ Y/Y)Other revenues fromoperations$191M (25.66%↑ Y/Y)Trading account andother non-hedging...$12M (71.43%↑ Y/Y)Total interestexpense$896M Net interest incomeafter provision for...$1,588M (1.28%↑ Y/Y)Total other income$683M (16.95%↑ Y/Y)Provision for creditlosses$125M Savings andinterest-checking deposits$579M (-6.31%↓ Y/Y)Long-term borrowings$157M (-5.99%↓ Y/Y)Short-term borrowings$37M (-46.38%↓ Y/Y)Time deposits$123M (-43.32%↓ Y/Y)Income before taxes$935M (9.36%↑ Y/Y)Total other expense$1,336M (3.01%↑ Y/Y)Net income$716M (9.31%↑ Y/Y)Income taxes$219M (9.50%↑ Y/Y)Amortization of core depositand other...$9M (-30.77%↓ Y/Y)Fdic assessments$22M (-40.54%↓ Y/Y)Outside data processingand software$138M (11.29%↑ Y/Y)Salaries and employeebenefits$813M (6.41%↑ Y/Y)Advertising and marketing$25M (-7.41%↓ Y/Y)Equipment and netoccupancy$130M (4.00%↑ Y/Y)Other costs ofoperations$113M (-2.59%↓ Y/Y)Professional and otherservices$86M (-5.49%↓ Y/Y)