Company / Total Debt
M&T Bank Total Debt History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Total Debt
$10.9B
FY2025
5-year range
$3.5B / $12.6B
FY2021-FY2025
Trend
-13.4%
vs FY2024
Sector context
#34 of 198
Financials
What the data says
M&T Bank's total debt of $10.9B is higher than 83% of companies in the Financials sector (FY2025). Total Debt has fluctuated over the past 10 years, ranging from $3.5B in FY2021 to $12.6B in FY2024.
Based on SEC 10-K filings.
$10.9B in FY2025 with a 5-year CAGR of +20.0%. Top quartile in the Financials sector.
Increased from $8.2B to $10.9B over the past 2 years.
Financials sector context is included.
Total Debt over time
Growth rates
- 3-Year CAGR
- +40.1%
- 5-Year CAGR
- +20.0%
- 10-Year CAGR
- -
Sector benchmark
In line with sector averageTop 83% of 198This company $10.9B Sector average $11.0B
▼
In line with sector average
Key checks
Key Insights
- 5-year CAGR of +20.0%, indicating consistent growth.
- In FY2025, total debt decreased 13.4% year-over-year.
- Ranks #34 out of 198 companies in the Financials sector.
- Peak total debt was recorded in FY2024.
Company context
Key Data Points
- Altman Z-Score 0.16 (distress zone, below 1.8 threshold)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Total DebtValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $10.9B | -13.4% |
| FY2024 | $12.6B | +53.7% |
| FY2023 | $8.2B | +106.8% |
| FY2022 | $4.0B | +13.8% |
| FY2021 | $3.5B | -20.5% |
| FY2020 | $4.4B | -37.3% |
| FY2019 | $7.0B | -17.3% |
| FY2018 | $8.4B | +3.7% |
| FY2017 | $8.1B | -14.2% |
| FY2016 | $9.5B | -10.9% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026