Company: MTB-PJ
Filing Date: 2025-10-27
Form Type: 10-Q
Source: 0000036270-25-000024
Chunk: 31

Company: M&T BANK CORP
Filing Date: 2025-10-27
Form: 10-Q
Item: Part I, Item 1
Chunk 31
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 provided. At September 30, 2025 and December 31, 2024, the Company had $68 million and $72 million, respectively, of amounts receivable related to recognized revenue from the sources in the accompanying tables. Such amounts are included in Accrued interest and other assets in the Company's Consolidated Balance Sheet. In certain situations the Company is paid in advance of providing services and defers the recognition of revenue until its service obligation is satisfied. At September 30, 2025 and December 31, 2024, the Company had deferred revenue of $54 million and $57 million, respectively, related to the sources in the accompanying tables included in Accrued interest and other liabilities in the Company's Consolidated Balance Sheet. The following tables summarize sources of the Company’s noninterest income during the three-month and nine-month periods ended September 30, 2025 and 2024 that are subject to the revenue recognition accounting guidance. (Dollars in millions)Commercial BankRetail BankInstitutional Services and Wealth ManagementTotalThree Months Ended September 30, 2025Classification in Consolidated Statement of Income Service charges on deposit accounts$45 $96 $— $141 Trust income1 — 180 181 Brokerage services income1 — 33 34 Other revenues from operations:Merchant discount and credit card interchange fees20 27 — 47 Other11 7 2 20 $78 $130 $215 $423 Three Months Ended September 30, 2024Classification in Consolidated Statement of IncomeService charges on deposit accounts$40 $92 $— $132 Trust income1 — 169 170 Brokerage services income2 — 30 32 Other revenues from operations:Merchant discount and credit card interchange fees18 23 — 41 Other8 8 3 19 $69 $123 $202 $394 

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7. Revenue from contracts with customers, continued

(Dollars in millions)Commercial BankRetail BankInstitutional Services and Wealth ManagementTotalNine Months Ended September 30, 2025Classification in Consolidated Statement of IncomeService charges on deposit accounts$133 $278 $— $411 Trust income3 — 537 540 Brokerage services income4 — 93 97 Other revenues from operations:Merchant discount and credit card interchange fees55