On Jan. 11, M&T Bank Corp.
- Although growth was sluggish, M&T managed to improve its net interest margin and bottom line in a difficult interest rate environment.
- Warren Buffett's Berkshire Hathaway
(NYSE:BRK-B) continues to own a large stake in M&T (6% as of September). - The company has a two-star rating in Motley Fool CAPS. To add your two cents, join the CAPS community today.
(Figures in millions, except per-share data)
Income Statement Highlights
|
Q4 2006 |
Q4 2005 |
Change |
|
|---|---|---|---|
|
Total Revenue |
$695.1 |
$675.2 |
2.9% |
|
Net Interest Income |
$466.7 |
$449.6 |
3.8% |
|
Net Profit |
$213.3 |
$205.0 |
4.0% |
|
EPS |
$1.88 |
$1.78 |
5.6% |
Get back to basics with a look at the income statement.
Ratio Checkup
|
Q4 2006 |
Q4 2005 |
Change* |
|
|---|---|---|---|
|
Net Interest Margin |
3.73% |
3.69% |
0.04% |
|
Efficiency Ratio |
50.22% |
50.69% |
(0.47%) |
|
Nonperforming Loans/Assets |
0.39% |
0.28% |
0.11% |
|
Return on Average Assets |
1.50% |
1.48% |
0.02% |
|
Return on Average Equity |
13.55% |
13.85% |
(0.30%) |
Find out more about bank ratios.
Balance Sheet Highlights
|
Assets |
Q4 2006 |
Q4 2005 |
Change |
|---|---|---|---|
|
Investments |
$7,389 |
$8,592 |
(14.0%) |
|
Loans |
$42,297 |
$39,693 |
6.6% |
|
Liabilities |
Q4 2006 |
Q4 2005 |
Change |
|---|---|---|---|
|
Deposits |
$39,911 |
$37,100 |
7.6% |
|
Total Liabilities |
$50,784 |
$49,270 |
3.1% |
Learn about bank assets and bank liabilities.
Related Companies:
-
Commerce Bancorp
(NYSE:CBH) -
Citigroup
(NYSE:C) - Berkshire Hathaway
Related Foolishness:
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Berkshire Hathaway is an Inside Value recommendation. Fool sector editor Joey Khattab does not own any of the shares mentioned. The Motley Fool has a disclosure policy.
