Investor Presentaiton
Reconciliation of GAAP and Non-GAAP Measures
Average Assets
$ in millions
Average assets
Goodwill
Core deposit and other
intangible assets
Deferred taxes
Average tangible assets
Average Common Equity
2017
2018
2019
2020
2021
2022
4Q21
3Q22
4Q22
$
(4,593)
(4,593)
120,860 $ 116,959 $ 119,584 $ 135,480 $ 152,669 $
(4,593)
(4,593)
(4,593)
190,252
(7,537)
$ 157,722 $201,131 $
198,592
(4,593)
(8,501)
(8,494)
(86)
33
(59)
16
(38)
10
(21)
5
(8)
2
(179)
43
(5)
1
(236)
56
(218)
54
$ 116,214 $
112,323 $
114,963 $
130,871 $
148,070 $
182,579 $
153,125 $ 192,450 $
189,934
$ in millions
Average common equity
$
Goodwill
15,063 $
(4,593)
14,398 $
(4,593)
14,446 $
(4,593)
14,741 $
(4,593)
15,471 $
(4,593)
21,864
(7,537)
$
15,863 $
(4,593)
23,654 $
23,335
(8,501)
(8,494)
Core deposit and other
intangible assets
(86)
Deferred taxes
33
(59)
16
(38)
10
(21)
5
(8)
2
(179)
43
(5)
1
(236)
56
(218)
54
Average tangible common equity
$
10,417 $
9,762 $ 9,825 $
10,132 $
10,872 $ 14,191
$
11,266 $
14,973 $
14,677
25
Notes: Numbers may not foot due to rounding
Average Common Equity ex AOCI
$ in millions
Average Common Equity
Goodwill
Core deposit and other
intangible assets
Deferred taxes
Average Tangible Common Equity
4Q 2022
$23,335
(8,494)
(218)
54
$14,677
Less: Average accumulated
comprehensive income
(879)
Average TCE less AOCI
$15,556
M&T Bank CorporationView entire presentation