M&T Bank Corporation (MTB) — Working Capital to Net Assets Ratio
M&T Bank Corporation (MTB) has a Working Capital to Net Assets ratio of -416.6% as of March 2026. Working capital of $-116.53 Billion (current assets of $55.06 Billion minus current liabilities of $171.59 Billion) is measured against net assets of $27.97 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See M&T Bank Corporation (MTB) flexibility index to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
M&T Bank Corporation Working Capital to Net Assets (1989–2025)
This chart shows how M&T Bank Corporation's Working Capital to Net Assets ratio has evolved across 37 annual periods from 1989 to 2025. As of March 2026, the ratio stands at -416.6%, reflecting working capital of $-116.53 Billion against net assets of $27.97 Billion USD. See operational self-sufficiency of M&T Bank Corporation to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for M&T Bank Corporation (1989–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for M&T Bank Corporation from 1989 to 2025, covering 37 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For live market cap and the full company profile, see MTB market cap.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -404.4% | $-118.00 Billion | $29.18 Billion | $55.42 Billion | $173.42 Billion | ▲ +32.5 pp |
| 2024 | -436.9% | $-126.83 Billion | $29.03 Billion | $35.33 Billion | $162.16 Billion | ▲ +45.1 pp |
| 2023 | -482.0% | $-129.95 Billion | $26.96 Billion | $43.16 Billion | $173.11 Billion | ▲ +37.4 pp |
| 2022 | -519.5% | $-131.52 Billion | $25.32 Billion | $39.93 Billion | $171.45 Billion | ▼ -42.4 pp |
| 2021 | -477.0% | $-85.41 Billion | $17.90 Billion | $48.31 Billion | $133.72 Billion | ▲ +83.6 pp |
| 2020 | -560.6% | $-90.75 Billion | $16.19 Billion | $31.29 Billion | $122.03 Billion | ▼ -45.7 pp |
| 2019 | -514.9% | $-80.92 Billion | $15.72 Billion | $16.35 Billion | $97.27 Billion | ▼ -18.1 pp |
| 2018 | -496.8% | $-76.80 Billion | $15.46 Billion | $19.80 Billion | $96.60 Billion | ▼ -29.2 pp |
| 2017 | -467.5% | $-75.98 Billion | $16.25 Billion | $18.82 Billion | $94.80 Billion | ▲ +3.4 pp |
| 2016 | -471.0% | $-77.64 Billion | $16.49 Billion | $21.07 Billion | $98.72 Billion | ▼ -5.4 pp |
| 2015 | -465.6% | $-75.30 Billion | $16.17 Billion | $22.56 Billion | $97.86 Billion | ▲ +8.5 pp |
| 2014 | -474.1% | $-58.49 Billion | $12.34 Billion | $18.25 Billion | $76.74 Billion | ▲ +65.4 pp |
| 2013 | -539.5% | $-60.99 Billion | $11.31 Billion | $9.16 Billion | $70.15 Billion | ▲ +61.1 pp |
| 2012 | -600.6% | $-61.27 Billion | $10.20 Billion | $8.33 Billion | $69.60 Billion | ▲ +1.2 pp |
| 2011 | -601.8% | $-55.79 Billion | $9.27 Billion | $9.37 Billion | $65.16 Billion | ▼ -46.0 pp |
| 2010 | -555.8% | $-46.45 Billion | $8.36 Billion | $8.07 Billion | $54.52 Billion | ▲ +6.2 pp |
| 2009 | -561.9% | $-43.57 Billion | $7.75 Billion | $9.94 Billion | $53.51 Billion | ▲ +25.0 pp |
| 2008 | -587.0% | $-39.82 Billion | $6.78 Billion | $10.12 Billion | $49.95 Billion | ▲ +13.5 pp |
| 2007 | -600.4% | $-38.94 Billion | $6.49 Billion | $11.74 Billion | $50.68 Billion | ▼ -42.4 pp |
| 2006 | -558.1% | $-35.05 Billion | $6.28 Billion | $9.87 Billion | $44.92 Billion | ▼ -0.9 pp |
| 2005 | -557.2% | $-32.74 Billion | $5.88 Billion | $10.71 Billion | $43.45 Billion | ▲ +102.5 pp |
| 2004 | -659.6% | $-37.79 Billion | $5.73 Billion | $3.07 Billion | $40.86 Billion | ▼ -48.4 pp |
| 2003 | -611.2% | $-34.95 Billion | $5.72 Billion | $3.63 Billion | $38.57 Billion | ▲ +117.1 pp |
| 2002 | -728.3% | $-23.37 Billion | $3.21 Billion | $2.13 Billion | $25.50 Billion | ▲ +54.0 pp |
| 2001 | -782.3% | $-23.00 Billion | $2.94 Billion | $2.05 Billion | $25.05 Billion | ▼ -1.9 pp |
| 2000 | -780.4% | $-21.08 Billion | $2.70 Billion | $1.76 Billion | $22.83 Billion | ▲ +194.8 pp |
| 1999 | -975.3% | $-17.53 Billion | $1.80 Billion | $1.31 Billion | $18.84 Billion | ▲ +22.2 pp |
| 1998 | -997.4% | $-15.98 Billion | $1.60 Billion | $1.43 Billion | $17.41 Billion | ▲ +135.1 pp |
| 1997 | -1132.5% | $-11.67 Billion | $1.03 Billion | $876.60 Million | $12.54 Billion | ▲ +93.7 pp |
| 1996 | -1226.2% | $-11.11 Billion | $905.70 Million | $754.70 Million | $11.86 Billion | ▼ -25.4 pp |
| 1995 | -1200.8% | $-10.16 Billion | $846.30 Million | $754.90 Million | $10.92 Billion | ▲ +58.7 pp |
| 1994 | -1259.4% | $-9.08 Billion | $721.00 Million | $630.90 Million | $9.71 Billion | ▼ -38.4 pp |
| 1993 | -1221.1% | $-8.84 Billion | $723.90 Million | $725.80 Million | $9.57 Billion | ▲ +60.4 pp |
| 1992 | -1281.5% | $-8.03 Billion | $626.80 Million | $852.90 Million | $8.89 Billion | ▲ +233.7 pp |
| 1991 | -1515.3% | $-8.12 Billion | $535.80 Million | $507.00 Million | $8.63 Billion | ▼ -35.8 pp |
| 1990 | -1479.4% | $-6.47 Billion | $437.20 Million | $704.70 Million | $7.17 Billion | ▼ -208.4 pp |
| 1989 | -1271.0% | $-5.16 Billion | $406.30 Million | $541.00 Million | $5.71 Billion | — |