Company: MTB-PJ
Filing Date: 2025-08-04
Form Type: 10-Q
Source: 0000036270-25-000011
Chunk: 50

Company: M&T BANK CORP
Filing Date: 2025-08-04
Form: 10-Q
Item: Part I, Item 1
Chunk 50
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 $988 $1,090 $166 $194 $28 $(119)$1,713 $1,718 Noninterest income205 164 234 204 225 207 19 9 683 584 Total revenue736 717 1,222 1,294 391 401 47 (110)2,396 2,302 Provision for credit losses60 77 71 60 2 3 (8)10 125 150 Salaries and employee benefits150 154 201 191 107 103 355 316 813 764 Depreciation and amortization11 10 60 63 2 3 51 51 124 127 Other direct expenses73 68 95 93 26 23 205 222 399 406 Indirect expense (b)129 127 292 252 82 74 (503)(453)— — Income (loss) before taxes313 281 503 635 172 195 (53)(256)935 855 Income tax expense (benefit)82 76 128 163 44 51 (35)(90)219 200 Net income (loss)$231 $205 $375 $472 $128 $144 $(18)$(166)$716 $655 Average total assets$78,497 $81,198 $55,995 $52,950 $4,272 $3,668 $71,497 $74,165 $210,261 $211,981 

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15. Segment information, continued

Six Months Ended June 30,Commercial Bank Retail Bank Institutional Services and Wealth ManagementAll Other Total (c)(Dollars in millions)2025202420252024202520242025202420252024Net interest income (a)$1,060 $1,101 $1,960 $2,161 $337 $380 $51 $(244)$3,408 $3,398 Noninterest income378 315 442 401 434 398 40 50 1,294 1,164 Total revenue1,438 1,416 2,402 2,562 771 778 91 (194)4,702 4,562