Manufacturers and Traders Trust Company
Manufacturers and Traders Trust Company reported total assets of $218.8 bn at Q2 2026, up 3.7% on a year earlier, the 21st largest of 497 banks in our US coverage. The CET1 capital ratio at Manufacturers and Traders Trust Company was 11.81%, and the uninsured share of Manufacturers and Traders Trust Company was 48.89%. Source: FDIC Call Reports.
Key takeaways
- On common equity tier 1 (CET1) ratio, Manufacturers and Traders Trust Company slipped from 298th to 358th among 448 US banks between and (1 = highest; FDIC Call Reports).
- Since , Manufacturers and Traders Trust Company has taken over one institution; the latest was People's United Bank, National Association on (FDIC Call Reports).
What sets Manufacturers and Traders Trust Company apart
How large is Manufacturers and Traders Trust Company?
The balance sheet of Manufacturers and Traders Trust Company at : assets $218.8 bn, deposits $172.3 bn, net loans $141.1 bn (loans equal to 81.89% of deposits). Securities make up 17.1% of total assets at Manufacturers and Traders Trust Company. Since , when Manufacturers and Traders Trust Company held $124.0 bn, its assets grew 76.5%. In the year to , deposits at Manufacturers and Traders Trust Company rose 2.3% while its total assets rose 3.7%. At , Manufacturers and Traders Trust Company employed 20,575 full-time equivalent staff across 963 offices, about $10.6 mn of assets per employee and $178.9 mn of deposits per office.
How much funding at Manufacturers and Traders Trust Company is uninsured?
At Manufacturers and Traders Trust Company, uninsured deposits (above the FDIC limit) made up 48.89% of domestic deposits at (+0.41 pp on a year earlier); Manufacturers and Traders Trust Company ranks 93rd of 500 on this measure. In dollars, Manufacturers and Traders Trust Company estimated $84.2 bn of uninsured deposits.
Key facts, Q2 2026
| Metric | Value | Change from a year earlier | US rank |
|---|---|---|---|
| Total deposits | $172.3 bn | +2.3% | 21st of 499 |
| Net loans and leases | $141.1 bn | +5.3% | 17th of 500 |
| Loan-to-deposit ratio | 81.89% | +2.34 pp | 321st of 500 |
| Tier 1 leverage ratio | 9.51% | -0.25 pp | 369th of 500 |
| Total risk-based capital ratio | 13.87% | +0.03 pp | 266th of 448 |
| Net interest margin | 3.84% | +0.08 pp | 184th of 500 |
| Return on assets (ROA) | 1.40% | +0.11 pp | 192nd of 500 |
| Efficiency ratio | 53.57% | -1.64 pp | 200th of 500 (1 = lowest) |
| Unrealized gain/loss on held-to-maturity securities | Loss of $791.0 mn | Narrowed by $161.5 mn | |
| Unrealized gain/loss on available-for-sale securities | Loss of $125.0 mn | Turned from a gain into a loss | |
| Noncurrent loans to total loans | 1.35% | -0.17 pp | 411th of 500 (1 = lowest) |
| Net charge-offs to average loans | 0.26% | -0.07 pp | 380th of 500 (1 = lowest) |
US rank of Manufacturers and Traders Trust Company: 1 = highest unless marked 1 = lowest.
Balance sheet
Manufacturers and Traders Trust Company: assets, deposits and loans
- Total assets $219bn
- Deposits $172bn
- Net loans $141bn
Capital and securities
The CET1 ratio of Manufacturers and Traders Trust Company stood at 11.81% in , -0.65 pp year on year. Low and high at Manufacturers and Traders Trust Company since : 9.84% () to 12.54% (). Equity capital of Manufacturers and Traders Trust Company at : $28.2 bn, or 12.9% of total assets. Manufacturers and Traders Trust Company also reported a total capital ratio of 13.87% for , and a tier 1 leverage ratio of 9.51%.
On held-to-maturity securities, Manufacturers and Traders Trust Company carried an unrealized loss of $791.0 mn at , equal to 2.8% of equity capital. The loss narrowed by $161.5 mn over the year. Its deepest point: $1.8 bn in . The available-for-sale portfolio of Manufacturers and Traders Trust Company showed an unrealized loss of $125.0 mn at ; the loss turned from a gain into a loss over the year.
Manufacturers and Traders Trust Company: capital ratios
- Total capital 14%
- CET1 12%
- Tier 1 leverage 9.5%
Manufacturers and Traders Trust Company: unrealized securities gains and losses
- Available for sale -$125mn
- Held to maturity -$791mn
Profitability and loan quality
For the year to , Manufacturers and Traders Trust Company earned a return on equity of 10.70%; return on assets: 1.40%. Net interest margin at Manufacturers and Traders Trust Company: 3.84%, +0.08 pp in a year. Manufacturers and Traders Trust Company net income: $1.5 bn, up 11.6% year on year. The efficiency ratio of Manufacturers and Traders Trust Company was 53.57%: about 54 cents cost per revenue dollar, against 58 cents at the median peer.
At , noncurrent loans were 1.35% of total loans at Manufacturers and Traders Trust Company; net charge-offs: 0.26% of average loans. Gross loans and leases at Manufacturers and Traders Trust Company: $143.3 bn, up 5.2% in a year.
Manufacturers and Traders Trust Company: profitability
- Return on equity 11%
- Net interest margin 3.8%
- Return on assets 1.4%
Peer group of Manufacturers and Traders Trust Company
The peer group of Manufacturers and Traders Trust Company is the 6 banks nearest to it by total assets at : 3 larger and 3 smaller. Of the peers, 1 shares the charter type of Manufacturers and Traders Trust Company (state member bank), 6 sit in the same size group (over $100 bn) and 1 has its head office in New York. Against them, Manufacturers and Traders Trust Company shows CET1 ratio 11.81% against a peer median of 12.29%, return on equity 10.70% against a peer median of 13.54% and uninsured deposit share 48.89% against a peer median of 28.43%.
| Bank | Charter | State | Total assets | CET1 ratio | Return on equity | Uninsured share | |
|---|---|---|---|---|---|---|---|
| Morgan Stanley Private Bank | National bank | NY | $250.4 bn | 24.99% | 16.07% | 19.47% | |
| First-Citizens Bank & Trust Company | State nonmember bank | NC | $236.3 bn | 12.41% | 10.29% | 37.40% | |
| Citizens Bank | National bank | RI | $232.5 bn | 11.92% | 8.50% | 47.48% | |
| Manufacturers and Traders Trust Company | State member bank | NY | $218.8 bn | 11.81% | 10.70% | 48.89% | |
| American Express National Bank | National bank | UT | $213.9 bn | 10.86% | 41.56% | 18.17% | |
| KeyBank | National bank | OH | $188.6 bn | 12.27% | 12.54% | 51.83% | |
| Ally Bank | State member bank | UT | $188.2 bn | 12.30% | 14.53% | 10.37% | |
. FDIC Call Reports.
Last eight quarters
Two years at Manufacturers and Traders Trust Company, to : assets +3.5%, deposits +2.8%, equity +0.6%. Staff 21,098 to 20,575; offices 1,015 to 963.
| Metric | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 |
|---|---|---|---|---|---|---|---|---|
| Total assets | $211.3 bn | $207.6 bn | $209.8 bn | $211.0 bn | $210.7 bn | $212.9 bn | $214.2 bn | $218.8 bn |
| Total deposits | $167.7 bn | $165.4 bn | $169.3 bn | $168.4 bn | $167.7 bn | $171.5 bn | $167.3 bn | $172.3 bn |
| Bank equity capital | $28.0 bn | $27.6 bn | $28.0 bn | $28.4 bn | $28.3 bn | $28.3 bn | $28.2 bn | $28.2 bn |
| CET1 ratio | 12.54% | 12.32% | 12.45% | 12.46% | 12.24% | 12.13% | 11.98% | 11.81% |
| Return on equity (ROE) | 9.81% | 9.91% | 8.87% | 9.67% | 10.22% | 10.49% | 9.61% | 10.70% |
| Uninsured share of domestic deposits | 48.53% | 48.21% | 48.25% | 48.48% | 48.81% | 49.75% | 49.22% | 48.89% |
| Full-time equivalent employees | 21,098 | 21,164 | 21,325 | 21,588 | 21,371 | 21,037 | 20,792 | 20,575 |
| Number of offices | 1,015 | 1,013 | 1,014 | 984 | 985 | 985 | 985 | 963 |
FDIC Call Reports.
Mergers and acquisitions
The FDIC history of Manufacturers and Traders Trust Company, oldest first; figures before and after each event are not like for like.
- . Absorbed Hudson City Savings Bank (FDIC certificate 13074).
- . Absorbed People's United Bank, National Association (FDIC certificate 27334).
Large one-quarter moves at Manufacturers and Traders Trust Company
- Total assets at Manufacturers and Traders Trust Company changed by +36.3% in the quarter to 2022-06-30: Merger -Without Assistance; Participated in Absorbtion/Consolidation/Merger: acquired from People's United Bank, National Association.
Questions and identifiers
What were the total assets of Manufacturers and Traders Trust Company?
Manufacturers and Traders Trust Company reported $218.8 bn at in its Call Report. That makes Manufacturers and Traders Trust Company the 21st largest of 497 banks in our US coverage.
Is Manufacturers and Traders Trust Company the same as its holding company?
No. This page covers Manufacturers and Traders Trust Company, FDIC certificate 588; M&T BANK CORP (as reported to the FDIC), its holding company, reports separately to the Federal Reserve.
Is Manufacturers and Traders Trust Company profitable?
Manufacturers and Traders Trust Company reported net income of $1.5 bn for the year to ; annualized return on equity: 10.70%. So yes: Manufacturers and Traders Trust Company made a profit over these months.
When is data for Manufacturers and Traders Trust Company next updated?
Figures from Manufacturers and Traders Trust Company for are due after .
Where can I check the figures for Manufacturers and Traders Trust Company?
In the FDIC BankFind Suite record for certificate 588, and in the Call Reports of Manufacturers and Traders Trust Company (RSSD ID 501105) at the FFIEC Central Data Repository.