M&T Bank

M&T Bank Tax Rate

The Effective Tax Rate of M&T Bank (MTB) as of Nov 14, 2026 is 22.78 %. In the previous year, Effective Tax Rate was 21.81 % — a change of 4.43% (higher).

Tax Rate

22.78 %

YoY

4.43%

Last updated:

Effective Tax Rate of M&T Bank is 2025 22.78 % . Effective Tax Rate of M&T Bank was 2024 21.81 % . It decreases by 4.43% higher compared to the previous year.

The M&T Bank Tax Rate history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Tax Rate
Date
Tax Rate
Jan 1, 2018
23.53 USD
Jan 1, 2019
24.27 USD
Jan 1, 2020
23.53 USD
Jan 1, 2021
24.28 USD
Jan 1, 2022
23.74 USD
Jan 1, 2023
24.26 USD
Jan 1, 2024
21.81 USD
Jan 1, 2025
22.78 USD
The M&T Bank Tax Rate history
YEARTax RateYoY
22.78 %+4.43%
21.81 %-10.09%
24.26 %+2.21%
23.74 %-2.23%
24.28 %+3.17%
23.53 %-3.03%
24.27 %+3.13%
23.53 %-40.28%
39.40 %+9.11%
36.11 %+1.63%
35.53 %+1.30%
35.07 %—

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M&T Bank Stock analysis

What does M&T Bank do? M&T Bank Corp is a US bank headquartered in Buffalo, New York. Founded in 1856 as Manufacturers and Traders Bank, it is now one of the largest banks in the United States, offering a comprehensive portfolio of financial products and services for both individual and business customers. M&T Bank is one of the most popular companies on Eulerpool.

Frequently Asked Questions about M&T Bank stock

Effective Tax Rate of M&T Bank is 22.78 % in 2025.

Effective Tax Rate of M&T Bank changed from 21.81 % to 22.78 %, representing a 4.43% change. The value is higher than the previous year.

On Eulerpool you can find the complete historical development of Effective Tax Rate M&T Bank since 2006 – with annual values, charts, and detailed analysis.

The effective tax rate measures the actual percentage of pretax income paid in taxes. It reflects the company's tax efficiency and planning.

A 'good' varies by industry and company stage. On Eulerpool, you can compare Effective Tax Rate's M&T Bank with sector peers and the industry average to assess whether it is attractive.

To evaluate Effective Tax Rate's, it is essential to compare it with peers in the same industry and sector. On Eulerpool, you can find direct industry comparisons for Effective Tax Rate.

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Margins — M&T Bank

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