M&T Bank Corporation
Profit Margins
| Fiscal Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| FY2016 | — | 46.9% | 24.8% |
| FY2017 | — | 48.1% | 25.0% |
| FY2018 | — | 51.2% | 32.4% |
| FY2019 | — | 53.2% | 31.2% |
| FY2020 | — | 35.2% | 22.7% |
| FY2021 | — | 42.9% | 31.0% |
| FY2022 | — | 37.1% | 24.4% |
| FY2023 | — | 69.8% | 28.4% |
| FY2024 | — | 214.8% | 167.9% |
| FY2025 | — | 222.8% | 172.1% |