Company: MTB-PJ
Filing Date: 2025-08-04
Form Type: 10-Q
Source: 0000036270-25-000011
Chunk: 189

Company: M&T BANK CORP
Filing Date: 2025-08-04
Form: 10-Q
Item: Part I, Item 8
Chunk 189
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176 2 23,431 23,071 2 Consumer:Home equity lines and loans4,598 4,565 1 4,582 4,578 — Recreational finance13,295 12,684 5 12,991 10,628 22 Automobile5,225 4,896 7 5,061 4,286 18 Other2,236 2,208 1 2,222 2,066 8 Total consumer25,354 24,353 4 24,856 21,558 15 Total$135,407 $134,844 — %$135,127 $134,192 1 %

Average loans totaled $135.4 billion in the second quarter of 2025, up $563 million from the first quarter of 2025. 

•Average commercial and industrial loans were $61.0 billion in the recent quarter, relatively unchanged from the first quarter of 2025.

•Commercial real estate loans averaged $25.3 billion in the second quarter of 2025, down $926 million from the first quarter of 2025, reflecting decreases of $247 million and $679 million of average permanent and construction commercial real estate loans, respectively. Contributing to the decline were payoffs and the sale of $661 million of out-of-footprint residential builder and developer loans.

•Average residential real estate loans increased $508 million in the recent quarter as compared with the first quarter of 2025, reflecting a higher retention of originated residential mortgage loans and purchases.

•Average consumer loans in the second quarter of 2025 increased $1.0 billion from the first quarter of 2025 to $25.4 billion reflecting higher average balances of recreational finance loans and automobile loans of $611 million and $329 million, respectively.

In the first six months of 2025, average loans increased $935 million or 1% from the corresponding 2024 period. 

•Average commercial and industrial loans increased $3.6 billion reflecting growth that spanned most industry types and included growth in loans to customers in the financial and insurance industry. Borrowers in the financial and insurance industry include real estate investment trusts and other specialty lending businesses, including fund banking companies and mortgage warehouse lending businesses.

•Average commercial real estate loans decreased $6.3 billion in the six months ended June 30, 2025 from the first half of 2024