M&T BANK CORPORATION
Cash Flow Statement
| Line Item | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 | Mar 2023 | Dec 2022 | Sep 2022 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $655.0M | $531.0M | $482.0M | $690.0M | $867.0M | $702.0M | $765.7M | $646.6M |
| Depreciation & Amortization | $79.0M | $80.0M | — | — | — | — | — | — |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | $13.0M | $15.0M | $15.0M | $15.0M | $15.0M | $17.0M | $18.0M | $18.4M |
| Stock-Based Compensation | — | — | — | — | — | — | — | — |
| Net Cash from Operating Activities | $1.35B | $608.0M | $800.0M | $1.42B | $1.26B | $428.0M | $953.9M | $1.14B |
| Investing Activities | ||||||||
| Capital Expenditures | — | — | — | — | — | — | — | — |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $5.63B | $-7.08B | $3.79B | $-1.91B | $-4.90B | $-1.75B | $-3.67B | $6.22B |
| Financing Activities | ||||||||
| Dividends Paid | $225.0M | $221.0M | $216.0M | $216.0M | $215.0M | $221.0M | $205.0M | $209.1M |
| Stock Repurchases | $0 | $0 | $0 | $0 | $0 | $594.0M | — | — |
| Net Cash from Financing Activities | $-6.90B | $6.44B | $-1.52B | $408.0M | $3.68B | $1.62B | $1.98B | $-6.79B |
| Net Change in Cash | — | — | — | — | — | — | — | — |
| Free Cash Flow | — | — | — | — | — | — | — | — |