Company: MTB-PJ
Filing Date: 2025-10-27
Form Type: 10-Q
Source: 0000036270-25-000024
Chunk: 215

Company: M&T BANK CORP
Filing Date: 2025-10-27
Form: 10-Q
Item: Part I, Item 8
Chunk 215
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 management’s evaluation of the loan portfolio as of each respective date. 

Other Income

The components of other income are presented in the accompanying table.

OTHER INCOME

Three Months EndedChangeNine Months EndedChange(Dollars in millions)September 30,2025June 30,2025Amount%September 30,2025September 30,2024Amount%Mortgage banking revenues$147 $130 $17 13 %$395 $319 $76 24 %Service charges on deposit accounts141 137 4 2 411 383 28 7 Trust income181 182 (1)-1 540 500 40 8 Brokerage services income34 31 3 9 97 91 6 7 Trading account and other non-hedging    derivative gains18 12 6 66 39 29 10 32 Gain (loss) on bank investment securities1 — 1 — 1 (8)9 — Other revenues from operations230 191 39 21 563 456 107 23 Total other income$752 $683 $69 10 %$2,046 $1,770 $276 16 %

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Mortgage banking revenues

Mortgage banking revenues are comprised of both residential and commercial mortgage banking activities, which consist of realized gains and losses from sales of real estate loans and loan servicing rights, unrealized gains and losses on real estate loans held for sale and related commitments, real estate loan servicing fees, and other real estate loan related fees and income. The Company's involvement in commercial mortgage banking activities includes the origination, sales and servicing of loans under the multifamily loan programs of Fannie Mae, Freddie Mac, and the U.S. Department of Housing and Urban Development.

RESIDENTIAL MORTGAGE BANKING ACTIVITIES

Three Months EndedChangeNine Months EndedChange(Dollars in millions)September 30,2025June 30,2025Amount%September 30,2025September 30,2024Amount%Residential mortgage banking revenuesGains on loans originated for sale$9 $8 $1 10 %$23 $23 $— 1 %Loan servicing fees35 34 1 3 105 114 (9)-8 Loan sub-servicing and other fees64 55