Company: MTB-PJ
Filing Date: 2025-05-05
Form Type: 10-Q
Source: 0001628280-25-022036
Chunk: 14

Company: M&T BANK CORP
Filing Date: 2025-05-05
Form: 10-Q
Item: Part I, Item 1
Chunk 14
---
 Stock Total Three Months Ended March 31, 2025Balance — January 1, 2025$2,394 $90 $1 $9,998 $19,079 $(164)$(2,371)$29,027 Total comprehensive income— — — — 584 254 — 838 Preferred stock cash dividends— — — — (36)— — (36)Purchases of treasury stock— — — — — — (662)(662)Stock-based compensation transactions, net— — — (30)— — 76 46 Common stock cash dividends — $1.35 per share— — — — (222)— — (222)Balance — March 31, 2025$2,394 $90 $1 $9,968 $19,405 $90 $(2,957)$28,991 Three Months Ended March 31, 2024Balance — January 1, 2024$2,011 $90 $1 $10,020 $17,524 $(459)$(2,230)$26,957 Total comprehensive income— — — — 531 (130)— 401 Preferred stock cash dividends— — — — (25)— — (25)Stock-based compensation transactions, net— — — (44)— — 98 54 Common stock cash dividends — $1.30 per share— — — — (218)— — (218)Balance — March 31, 2024$2,011 $90 $1 $9,976 $17,812 $(589)$(2,132)$27,169 

See accompanying notes to financial statements.

- 9 -

Notes to Financial Statements1. Significant accounting policies

The consolidated interim financial statements of the Company were compiled in accordance with GAAP using the accounting policies set forth in note 1 of Notes to Financial Statements included in M&T's 2024 Annual Report. The financial statements contain all adjustments which are, in the opinion of management, necessary for a fair statement of the Company's financial position, results of operations and cash flows for the interim periods presented. Standards applicable to M&T but not yet adopted at March 31, 2025 primarily