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M&T Bank Corp$169.04$.75.45%

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Income Statement for M&T Bank Corp
(Amounts are in millions) 12/2017 12/2016 12/2015
Press Release Press Release Press Release
Net Sales or Revenues $6,018.94 $5,721.87 $4,995.88
Cost of Goods Sold $195.87 $191.34 $73.81
Gross Profit $5,823.07 $5,530.53 $4,922.07
       
Research & Development Expense $0.00 $0.00 $0.00
Selling, General, & Admin. Expense $3,276.96 $3,194.87 $2,966.51
Income Before Depreciation $2,546.11 $2,335.65 $1,955.56
       
Depreciation, Depletion, Amortization $31.37 $42.61 $26.42
Non-Operating Income $0.00 $0.00 $0.00
Interest Expense $190.88 $234.64 $254.44
Pretax Income $2,323.86 $2,058.40 $1,674.69
       
Provision for Income Taxes $915.56 $743.28 $595.03
Minority Interest $0.00 $0.00 $0.00
Investment Gains (Losses) $0.00 $0.00 $0.00
Other Income $0.00 $0.00 $0.00
Income Before Extraordinaries $1,408.31 $1,315.11 $1,079.67
       
Extraordinary Items & Disc. Operations $0.00 $0.00 $0.00
Net Income $1,408.31 $1,315.11 $1,079.67
       
Basic Earnings Per Share $8.72 $7.80 $7.22
Diluted Earnings Per Share $8.70 $7.78 $7.18
       
Weighted Average Basic Shares Outstanding 152.55 156.86 136.80
Weighted Average Diluted Shares Outstanding 152.55 157.30 137.53
       
Income Before Non-Recurring Items $1,506.31 $1,360.73 $1,079.67
Income From Non-Recurring Items ($98.00) ($45.62) $0.00
Diluted Earnings Per Share before extras $9.35 $8.07 $7.18
       
Dividend (preferred) $78.06 $91.63 $91.94
Dividend (common) $451.55 $434.14 $373.21
Dividend Per Share (common) $3.00 $2.80 $2.80




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