Company: MTB-PJ
Filing Date: 2025-08-04
Form Type: 10-Q
Source: 0000036270-25-000011
Chunk: 159

Company: M&T BANK CORP
Filing Date: 2025-08-04
Form: 10-Q
Item: Part I, Item 8
Chunk 159
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30 Other revenues from operations:Merchant discount and credit card interchange fees19 24 — 43 Other7 8 3 18 $68 $119 $201 $388 

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7. Revenue from contracts with customers, continued

(Dollars in millions)Commercial BankRetail BankInstitutional Services and Wealth ManagementTotalSix Months Ended June 30, 2025Classification in Consolidated Statement of IncomeService charges on deposit accounts$88 $182 $— $270 Trust income2 — 357 359 Brokerage services income3 — 60 63 Other revenues from operations:Merchant discount and credit card interchange fees35 48 — 83 Other20 15 4 39 $148 $245 $421 $814 Six Months Ended June 30, 2024Classification in Consolidated Statement of IncomeService charges on deposit accounts$80 $171 $— $251 Trust income2 — 328 330 Brokerage services income3 — 56 59 Other revenues from operations:Merchant discount and credit card interchange fees36 44 — 80 Other15 15 5 35 $136 $230 $389 $755 

8. Pension plans and other postretirement benefitsThe Company provides defined pension and other postretirement benefits (including health care and life insurance benefits) to qualified retired employees. Net periodic benefit for defined benefit plans consisted of the following:Pension Benefits Other Postretirement Benefits Three Months Ended June 30,(Dollars in millions)2025202420252024Service cost$2 $3 $1 $1 Interest cost on projected benefit obligation27 29 — — Expected return on plan assets(47)(50)— — Amortization of prior service credit— — (1)(1)Amortization of net actuarial gain— (1)(1)— Net periodic benefit$(18)$(19)$(1)$— Pension Benefits Other Postretirement Benefits Six Months Ended June 30,(Dollars in millions)2025202420252024Service cost$4 $5 $1 $1 Interest cost on projected benefit obligation54 58 1 1 Expected return on plan assets(93)(101)— — Amortization of prior service credit— — (