Company: MTB-PJ
Filing Date: 2025-10-27
Form Type: 10-Q
Source: 0000036270-25-000024
Chunk: 105

Company: M&T BANK CORP
Filing Date: 2025-10-27
Form: 10-Q
Item: Part I, Item 1
Chunk 105
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 and servicing of commercial real estate loans through the Fannie Mae DUS program and other programs. Commercial real estate loans held for sale are included in this segment.

COMMERCIAL BANK SEGMENT FINANCIAL SUMMARY

Three Months EndedChangeNine Months EndedChange(Dollars in millions)September 30, 2025June 30, 2025Amount%September 30, 2025September 30, 2024Amount%Income StatementNet interest income$539 $531 $8 2 %$1,599 $1,652 $(53)-3 %Noninterest income209 205 4 2 587 487 100 21 Total revenue748 736 12 2 2,186 2,139 47 2 Provision for credit losses72 60 12 20 168 193 (25)-13 Noninterest expense366 363 3 1 1,080 1,062 18 2 Income before taxes310 313 (3)-1 938 884 54 6 Income taxes82 82 — -1 248 239 9 4 Net income$228 $231 $(3)-1 %$690 $645 $45 7 %Average Balance SheetLoans:Commercial and industrial$54,188 $53,549 $639 1 %$53,770 $50,442 $3,328 7 %Real estate - commercial22,682 23,655 (973)-4 23,624 29,170 (5,546)-19 Real estate - residential445 414 31 8 419 437 (18)-4 Consumer21 20 1 7 20 25 (5)-21 Total loans$77,336 $77,638 $(302)— %$77,833 $80,074 $(2,241)-3 %Deposits:Noninterest-bearing$10,280 $11,337 $(1,057)-9 %$10,970 $12,648 $(1,678)-13 %Interest-bearing35,749 34,658 1,091 3 34,866 30,907 3,959 13 Total deposits$46,029 $45,995 $34 —