M&T BANK CORPORATION MTB Cash Flow

M&t bank corporation (MTB)

CashFlow / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Mar'10	Dec'09	Sep'09	Jun'09	Mar'09
Cash flows from operating activities
Net income
1,715	1,929	1,982	2,028	2,048	1,918	1,694	1,524	1,411	1,408	1,416	1,410	1,365	1,315	1,255	1,185	1,136	1,079	1,086	1,081	1,078	1,066	1,010	1,029	1,093	1,138	1,213	1,212	1,097	1,029	881	770	859	859	916	925	791	736	668	604	466	379	0	0	0
Adjustments to reconcile net income to net cash provided by operating activities
Provision for credit losses
404	176	160	131	111	132	125	139	156	168	199	216	196	190	186	183	181	170	145	130	130	124	133	152	179	185	192	190	193	204	229	241	244	270	281	316	338	368	428	489	551	604	0	0	0
Depreciation and amortization of premises and equipment
213	209	180	152	128	104	105	108	109	109	111	108	107	106	105	104	101	99	95	95	95	96	99	97	94	91	87	85	85	84	83	83	83	80	76	72	68	67	72	71	68	64	0	0	0
Amortization of capitalized servicing rights
74	71	66	59	54	49	51	52	54	56	54	54	52	50	51	49	49	49	53	58	62	68	69	69	67	65	61	61	60	59	60	57	56	55	53	54	55	56	58	59	60	62	0	0	0
Amortization of core deposit and other intangible assets
18	19	20	21	22	24	26	27	29	31	33	35	38	42	43	37	31	26	24	27	30	33	37	40	43	46	50	53	57	60	63	67	66	61	57	53	53	58	61	64	65	64	0	0	0
Provision for deferred income taxes
7	57	105	155	154	15	317	259	239	400	74	96	160	174	485	461	409	396	79	81	87	92	80	150	162	139	116	150	135	131	128	64	37	33	16	55	72	51	48	-2	84	82	0	0	0
Asset write-downs
8	7	71	71	23	24	11	11	13	15	17	22	17	21	17	12	15	9	7	8	7	6	6	4	5	17	33	39	60	63	152	162	169	170	96	97	91	101	107	142	164	171	0	0	0
Net gain on sales of assets
-32	-31	19	25	24	23	43	40	46	53	44	74	69	63	52	29	72	67	65	53	7	6	7	70	126	127	126	62	7	6	8	9	145	187	191	193	56	10	2	-1	-0	0	0	0	0
Net change in accrued interest receivable, payable
-52	-30	-31	7	27	7	25	5	8	17	21	20	19	12	54	51	60	46	-0	-13	-16	-15	-1	-0	10	10	6	16	24	13	32	29	24	27	20	3	4	9	29	51	26	38	0	0	0
Net change in other accrued income and expense
-173	-75	187	386	322	-13	186	-2	36	201	-56	-143	10	-60	186	281	138	289	-31	25	206	68	133	31	-48	-71	-119	144	152	200	35	-88	-177	-147	-3	-13	-66	-144	69	37	37	154	0	0	0
Net change in loans originated for sale
230	-130	-81	-386	-124	150	65	590	73	-711	-144	-68	-47	665	195	-212	-125	-323	-106	235	275	350	89	645	757	674	1,205	1,111	873	924	607	-36	-19	-238	-451	-142	-322	-202	-1	-411	67	57	0	0	0
Net change in trading account assets and liabilities
920	382	715	539	273	11	-244	-190	-131	-153	-135	-96	-135	36	88	49	49	8	-7	-6	24	-21	5	10	5	11	7	-14	-26	-12	-44	-21	3	-69	29	23	6	89	-17	-50	-9	-11	0	0	0
Net cash provided by operating activities
1,549	2,357	1,777	2,048	2,018	2,089	2,255	1,679	1,980	2,781	2,177	2,156	2,021	1,183	1,566	1,834	1,732	1,742	1,572	1,187	996	1,099	1,203	785	795	932	529	471	659	499	960	1,553	1,540	1,772	1,711	1,510	1,792	1,675	1,363	1,803	1,768	1,189	0	0	0
Cash flows from investing activities
Proceeds from sales of investment securities Available for sale
-	-	-	-	-	0	0	0	0	-	-	-	-	63	5,714	5,657	5,654	5,654	0	0	0	-	-	-	-	-	-	-	-	49	49	49	1,897	1,909	1,911	1,917	21	23	23	17	18	9	0	0	0
Proceeds from sales of investment securities equity and other
859	1,169	880	725	708	650	649	653	433	178	178	40	76	94	278	269	201	183	0	22	23	23	23	8	11	13	29	38	69	78	71	90	103	116	151	129	118	107	84	144	125	137	0	0	0
Proceeds from maturities of investment securities Available for sale
2,553	2,621	2,514	2,553	2,019	1,997	1,896	1,929	1,782	2,131	2,268	2,394	2,495	2,309	2,739	2,599	2,534	2,392	1,656	1,482	1,201	998	833	757	847	1,034	1,316	1,495	1,521	1,585	1,455	1,297	1,316	1,307	1,449	1,561	1,579	1,539	1,481	1,847	2,060	2,187	0	0	0
Proceeds from maturities of investment securities Held to maturity
1,422	1,162	891	443	454	478	513	530	531	528	539	562	597	609	602	603	646	662	650	609	525	468	408	357	300	287	307	312	325	329	330	315	289	272	289	285	284	248	188	146	127	125	0	0	0
Purchases of investment securities Available for sale
29	28	13	9	13	12	11	12	246	251	2,660	3,288	3,256	3,562	1,443	1,119	2,054	3,614	3,357	4,750	5,508	5,347	5,466	3,768	1,893	197	43	47	32	28	948	1,902	3,148	3,491	2,594	1,648	759	440	997	1,019	663	651	0	0	0
Purchases of investment securities Held to maturity
5	495	0	0	0	-	-	-	-	1,425	1,374	1,379	748	214	22	22	27	29	28	27	25	21	405	1,976	1,974	1,977	1,588	26	284	285	291	285	26	28	30	28	41	1,003	1,005	1,006	999	37	0	0	0
Purchases of investment securities equity and other
893	979	1,011	776	650	834	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchases of investment securities Other
-	-	-	-	-	-	-	-	-	-	-	-	1	-	92	92	99	99	8	8	53	53	53	53	9	9	9	9	13	13	13	42	30	30	30	2	7	7	25	24	20	21	0	0	0
Net increase in loans and leases
5,488	2,795	3,403	2,594	1,192	475	-1,116	-1,656	-1,438	-1,931	-1,327	887	1,715	2,952	2,139	1,791	2,100	2,326	3,209	3,319	2,866	2,421	2,202	214	501	-123	1,194	3,095	4,226	5,672	5,283	4,584	2,695	2,233	1,812	1,413	1,328	201	-1,231	-1,304	-1,120	-657	0	0	0
Net (increase) decrease in interest-bearing deposits at banks
-1,293	915	-5,971	-2,121	-1,467	-3,026	-217	-1,646	809	-78	4,471	3,451	2,600	2,593	1,504	3,139	4,315	6,445	2,962	-1,013	-2,992	-4,819	-5,750	-477	-1,994	-1,521	-1,513	-1,485	-22	25	1,814	1,205	1,424	2,552	781	448	21	32	0	0	0	-	-	-	-
Other investments, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-20	-41	-54	-52	-53	-42	-36	-35	0	0	0
Additions to capitalized servicing rights
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	0	0
Capital expenditures, net
198	178	157	143	118	97	75	66	66	78	104	120	112	107	104	95	88	81	65	58	66	73	93	123	129	129	111	88	88	91	97	102	80	70	69	61	68	70	70	64	59	58	0	0	0
Net (increase) decrease in loan servicing advances
-541	-470	-292	67	214	307	257	196	96	37	96	155	188	170	107	250	409	448	317	90	-285	-484	-1,160	-1,309	-1,118	-1,004	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from sales of real estate acquired in settlement of loans
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-
Other, net
-219	195	-114	-140	-94	-47	57	36	33	-19	-332	-424	-281	-277	-97	104	-40	-10	94	-18	24	-19	-96	-74	-106	-95	-156	-109	-69	-32	15	-87	-102	-144	-101	23	-25	0	139	46	68	70	0	0	0
Net cash used by investing activities
-3,396	727	-6,946	-2,653	-890	-1,410	2,752	2,393	3,972	3,394	5,456	1,851	468	-720	5,309	7,361	7,501	7,714	-1,173	-6,952	-10,071	-11,710	-13,770	-6,725	-5,272	-2,203	-1,896	-1,796	-2,748	-4,060	-2,972	-3,527	-902	368	836	1,071	110	475	75	1,297	1,875	2,501	0	0	0
Cash flows from financing activities
Net increase in deposits
9,716	4,616	5,976	2,411	-474	-2,272	-4,388	-4,283	-6,110	-3,075	-4,617	-1,100	2,840	3,554	7,336	4,161	2,773	504	-1,394	2,802	4,880	6,466	8,135	4,172	3,615	1,513	2,210	3,122	4,188	6,230	4,541	3,338	1,520	742	1,487	2,363	2,530	1,879	1,813	434	-331	-528	0	0	0
Net decrease in short-term borrowings
-3,543	-4,336	4,203	1,371	1,976	4,223	1,109	1,543	1,441	11	-13	1,288	-1,571	-1,937	-4,035	-3,821	-2,512	-2,167	9	-8	-36	-67	-81	-146	-144	-814	-346	-667	-137	292	-102	408	-140	-313	-692	-1,767	-1,393	-1,522	-1,715	-793	-949	-745	0	0	0
Proceeds from long-term borrowings
-	-	-	-	-	1,773	0	0	0	-	-	-	-	-	-	-	-	1,500	1,500	3,197	4,346	4,345	4,345	2,647	1,498	799	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payments on long-term borrowings
2,305	1,553	2,304	1,629	956	1,459	1,111	1,411	2,536	3,433	3,722	3,525	2,204	1,119	9,015	8,912	9,227	8,912	376	388	75	426	375	364	609	261	611	1,330	1,881	2,080	1,787	1,485	1,483	1,809	2,865	2,739	2,789	2,514	1,487	2,495	2,122	2,390	0	0	0
Purchases of treasury stock
1,357	1,349	1,567	1,765	1,839	2,194	1,918	1,645	1,394	1,205	1,019	1,144	1,073	641	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from issuance of preferred stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Dividends paid — common
555	552	545	556	537	510	483	454	453	457	454	449	446	441	426	410	393	375	374	373	372	371	369	368	366	365	363	360	359	357	356	356	354	350	345	341	336	335	334	332	331	325	0	0	0
Dividends paid — preferred
71	67	73	72	72	72	72	72	72	72	77	77	81	81	81	81	81	81	81	81	81	70	68	56	54	53	53	53	53	53	54	54	42	48	34	40	40	40	40	40	37	31	0	0	0
Proceeds from issuance of Series G preferred stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	346	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other, net
-18	-25	-26	-24	-24	17	27	26	33	10	163	168	160	161	33	56	118	69	45	49	18	88	100	151	130	137	168	-133	14	63	39	213	99	31	42	94	65	69	40	31	18	9	0	0	0
Net cash provided (used) by financing activities
1,877	-3,253	5,676	507	-1,154	-495	-5,064	-4,049	-5,946	-6,076	-7,597	-3,946	-2,380	-510	-6,793	-9,262	-9,422	-9,462	-672	5,197	8,679	10,311	12,031	6,382	4,414	957	1,803	1,376	2,571	4,095	2,280	2,063	-276	-1,622	-2,283	-2,304	-1,964	-2,463	-1,723	-3,195	-3,754	-4,012	0	0	0
Net decrease in cash, cash equivalents and restricted cash
30	-169	507	-97	-25	184	-56	23	5	100	36	61	108	-47	82	-66	-188	-5	-273	-566	-396	-299	-536	442	-62	-313	436	51	481	534	268	89	361	518	264	277	-61	-312	-284	-94	-109	-321	0	0	0
Supplemental disclosure of cash flow information
Interest received during the period
4,857	4,892	4,908	4,803	4,685	4,568	4,428	4,327	4,232	4,155	4,068	3,994	3,936	3,903	3,823	3,602	3,376	3,134	2,980	2,951	2,923	2,893	2,857	2,856	2,872	2,894	2,928	2,933	2,928	2,931	2,907	2,897	2,862	2,807	2,779	2,749	2,746	2,765	2,779	2,800	2,753	2,748	0	0	0
Interest paid during the period
703	735	712	658	589	516	475	424	407	405	421	441	468	498	553	508	471	400	307	286	271	257	260	270	291	301	317	330	354	371	401	427	441	440	451	448	457	490	538	600	619	704	0	0	0
Income taxes paid during the period
215	320	480	442	486	375	229	348	502	494	600	492	392	276	144	258	203	378	455	438	495	411	387	360	384	389	464	427	406	405	216	189	183	251	380	408	350	287	203	135	62	-19	0	0	0
Supplemental schedule of noncash investing and financing activities
Capitalized servicing rights
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0
Real estate acquired in settlement of loans
82	90	87	75	81	72	83	100	113	121	112	114	113	124	132	110	90	67	43	48	45	43	44	47	45	44	47	37	40	48	67	62	80	81	84	103	196	199	198	192	106	102	0	0	0
Securitization of residential mortgage loans allocated to Available-for-sale investment securities
-	5	10	17	22	22	31	37	38	36	28	20	19	24	32	42	60	65	75	95	117	134	0	0	0	-	-	-	0	-	-	-	-	-	-	-	-	-360	-360	-360	-360	140	0	0	0
Loans
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	423	0	0	0	-	-	-	-
Securitization of residential mortgage loans allocated to capitalized servicing rights
-	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	1	1	1	3	22	31	30	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Adoption of lease accounting standard - Right-of-use assets
-	393	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Adoption of lease accounting standard - Other liabilities
-	398	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Additions to right-of-use assets under operating leases
129	132	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Long-term borrowings
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	65	0	0	0	-	-	-	-
Accrued interest and other
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2	0	0	0	-	-	-	-