Company: MTB-PJ
Filing Date: 2025-10-27
Form Type: 10-Q
Source: 0000036270-25-000024
Chunk: 53

Company: M&T BANK CORP
Filing Date: 2025-10-27
Form: 10-Q
Item: Part I, Item 1
Chunk 53
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112 103 357 324 833 775 Depreciation and amortization11 10 59 61 2 1 50 50 122 122 Other direct expenses68 69 116 105 25 24 199 208 408 406 Indirect expense (b)127 127 297 255 78 74 (502)(456)— — Income (loss) before taxes310 326 502 601 190 184 23 (202)1,025 909 Income tax expense (benefit)82 87 126 155 48 47 (23)(101)233 188 Net income (loss)$228 $239 $376 $446 $142 $137 $46 $(101)$792 $721 Average total assets$78,227 $80,434 $57,653 $53,128 $4,355 $3,898 $70,818 $72,121 $211,053 $209,581 

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15. Segment information, continued

Nine Months Ended September 30,Commercial Bank Retail Bank Institutional Services and Wealth ManagementAll Other Total (c)(Dollars in millions)2025202420252024202520242025202420252024Net interest income (a)$1,599 $1,652 $2,959 $3,248 $500 $565 $111 $(341)$5,169 $5,124 Noninterest income587 487 691 606 678 602 90 75 2,046 1,770 Total revenue2,186 2,139 3,650 3,854 1,178 1,167 201 (266)7,215 6,894 Provision for credit losses168 193 220 202 5 6 (13)69 380 470 Salaries and employee benefits461 452 601 577 325 306 1,146 1,037 2,533 2,372 Depreciation and amortization32 29 181 189 6 6 157 155 376 379 Other direct expenses208 203 310 298 77 75 610 669 1,205 1,245 Indirect expense (