How many employees does M&T Bank Corporation have?

M&T Bank Corporation reported 21,839 employees for the fiscal year ending Dec 2025, in the annual report it filed on February 18, 2026. That is down 0.2% from a year earlier.

What is M&T Bank Corporation's revenue per employee?

M&T Bank Corporation brought in $12.3B of revenue in fiscal Dec 2025, which is $564K per employee. That ranks 27 of 36 companies we track in Banks - Regional, where the median is $651K.

Where do these numbers come from?

Employee counts and revenue are taken from each company's own annual report (Form 10-K). Open roles are counted from the company's public job board where we have matched one. Companies report headcount once a year, sometimes rounded, so small changes can be noise.

Company data

M&T Bank Corporation employees and revenue per employee

MTB · Banks - Regional · $31.8B market cap

M&T Bank Corporation had 21,839 employees at the end of fiscal Dec 2025, down 0.2% from a year earlier. Revenue for the year was $12.3B, down 8.2% from a year earlier, or $564K per employee. Revenue fell, and headcount fell or held flat with it.

Employees

21,839

-0.2% YoY

Revenue

$12.3B

-8.2% YoY

Revenue / employee

$564K

Peer median $651K

Rank in industry

27 of 36

Banks - Regional

Headcount against revenue

Both lines start at 100 in the first year we hold, so you can see which one grew faster.

EmployeesRevenueIndexed to 100 in Dec 2016

Hover a year for the numbers.

MTB employees and revenue by fiscal year
Year ending	Employees	Revenue	Per employee	Staff YoY	Revenue YoY
Dec 2025	21,839	$12.3B	$564K	-0.2%	-8.2%
Dec 2024	21,873	$13.4B	$613K	-1.6%	+7.2%
Dec 2023	22,223	$12.5B	$563K	-2.6%	+48.2%
Dec 2022	22,808	$8.44B	$370K	+29.8%	+38.9%
Dec 2021	17,569	$6.08B	$346K	+1.1%	-3.3%
Dec 2020	17,373	$6.28B	$362K	+2.2%	-9.5%
Dec 2019	16,998	$6.94B	$408K	+3.6%	+7.5%
Dec 2018	16,413	$6.45B	$393K	+3.1%	+7.2%
Dec 2017	15,913	$6.02B	$378K	-0.5%	+5.2%
Dec 2016	16,000	$5.72B	$358K	—	—

Open roles: we have not matched a verified job board for this company yet.

Employees, last six fiscal years

Revenue per employee, last six fiscal years

M&T Bank Corporation against similar companies

The closest industry peers by revenue, from Banks - Regional.

Company	Employees	Revenue	Revenue / employee	Shape
WAL Western Alliance Bancorporation	3,769	$5.28B	$1.40M	Hiring ahead
FCNCA First Citizens BancShares, Inc.	17,876	$14.5B	$811K	Hiring into decline
FCNCN First Citizens BancShares, Inc. Depositary Shares, each representing a 1/40th interest in a share of 6.625% Non-Cumulative Perpetual Preferred Stock, Series E	17,876	$14.2B	$795K	Hiring into decline
FITB Fifth Third Bancorp	18,676	$12.9B	$689K	Hiring into decline
KEY KeyCorp	17,226	$11.2B	$649K	Efficient growth
CFG Citizens Financial Group, Inc.	17,398	$11.1B	$641K	Hiring into decline
HBAN Huntington Bancshares Incorporated	20,424	$12.5B	$611K	Efficient growth
MTB M&T Bank Corporation	21,839	$12.3B	$564K	Contracting
RF Regions Financial Corporation	19,969	$9.61B	$481K	Efficient growth

Every Financial Services company

Questions about M&T Bank Corporation

How many employees does M&T Bank Corporation have?: M&T Bank Corporation reported 21,839 employees for the fiscal year ending Dec 2025, in the annual report it filed on February 18, 2026. That is down 0.2% from a year earlier.
What is M&T Bank Corporation's revenue per employee?: M&T Bank Corporation brought in $12.3B of revenue in fiscal Dec 2025, which is $564K per employee. That ranks 27 of 36 companies we track in Banks - Regional, where the median is $651K.
Where do these numbers come from?: Employee counts and revenue are taken from each company's own annual report (Form 10-K). Open roles are counted from the company's public job board where we have matched one. Companies report headcount once a year, sometimes rounded, so small changes can be noise.

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Source: employee counts and revenue as stated in M&T Bank Corporation's annual reports (Form 10-K), latest filed February 18, 2026. This is data, not a recommendation to buy or sell MTB.