Company: MTB-PJ
Filing Date: 2025-08-04
Form Type: 10-Q
Source: 0000036270-25-000011
Chunk: 61

Company: M&T BANK CORP
Filing Date: 2025-08-04
Form: 10-Q
Item: Part I, Item 1
Chunk 61
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 the Company executed various strategies to reduce its relative concentration of commercial real estate loans throughout 2024. The following table summarizes changes in the components of average loans.

AVERAGE LOANS

Three Months EndedSix Months Ended(Dollars in millions)June 30,2025March 31,2025Percentage ChangeJune 30,2025June 30,2024Percentage ChangeCommercial and industrial$61,036 $61,056 — %$61,046 $57,486 6 %Commercial real estate25,333 26,259 -4 25,794 32,077 -20 Residential real estate23,684 23,176 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