Company: MTB-PJ
Filing Date: 2025-05-05
Form Type: 10-Q
Source: 0001628280-25-022036
Chunk: 117

Company: M&T BANK CORP
Filing Date: 2025-05-05
Form: 10-Q
Item: Part I, Item 1
Chunk 117
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32 3.86 4.02 3.73 3.02 Cash dividends1.35 1.35 1.35 1.35 1.30 Average common shares outstanding:Basic164,209 165,838 166,671 166,951 166,460 Diluted165,047 166,969 167,567 167,659 167,084 Performance ratiosAnnualized return on:Average assets1.14 %1.28 %1.37 %1.24 %1.01 %Average common shareholders’ equity8.36 9.75 10.26 9.95 8.14 Net interest margin on average earning assets (taxable-equivalent basis)3.66 3.58 3.62 3.59 3.52 Nonaccrual loans to total loans and leases1.14 1.25 1.42 1.50 1.71 Net operating (tangible) results (a)Net operating income$594 $691 $731 $665 $543 Diluted net operating income per common share3.38 3.92 4.08 3.79 3.09 Annualized return on:Average tangible assets1.21 %1.35 %1.45 %1.31 %1.08 %Average tangible common shareholders’ equity12.53 14.66 15.47 15.27 12.67 Efficiency ratio (b)60.5 56.8 55.0 55.3 60.8 Balance sheet dataAverage balances:Total assets (c)$208,321 $211,853 $209,581 $211,981 $211,478 Total tangible assets (c)199,791 203,317 201,031 203,420 202,906 Earning assets189,116 193,106 191,366 193,676 193,135 Investment securities34,480 33,679 31,023 29,695 28,587 Loans and leases134,844 135,723 134,751 134,588 133,796 Deposits161,220 164,639 161,505 163,491 164,065 Borrowings14