Company: MTB-PJ
Filing Date: 2025-10-27
Form Type: 10-Q
Source: 0000036270-25-000024
Chunk: 165

Company: M&T BANK CORP
Filing Date: 2025-10-27
Form: 10-Q
Item: Part I, Item 8
Chunk 165
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 and 2024 consisted of the following:(Dollars in millions)Investment Securities Cash Flow HedgesDefined Benefit PlansOtherTotal Balance — July 1, 2025$61 $63 $95 $(4)$215 Net gain (loss) during period60 5 (2)(1)62 Balance — September 30, 2025$121 $68 $93 $(5)$277 Balance — July 1, 2024$(179)$(246)$(118)$(8)$(551)Net gain (loss) during period230 291 (1)4 524 Balance — September 30, 2024$51 $45 $(119)$(4)$(27)

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10. Comprehensive income, continued

The following table displays the components of other comprehensive income (loss) and amounts reclassified from accumulated other comprehensive income (loss) to net income during the nine-month periods ended September 30, 2025 and 2024:(Dollars in millions)InvestmentSecurities Cash Flow HedgesDefined Benefit PlansOtherTotalAmountBefore Tax IncomeTax Net Balance — January 1, 2025$(205)$(135)$131 $(10)$(219)$55 $(164)Other comprehensive income (loss) before reclassifications:      Unrealized holding gains, net368 — — — 368 (94)274 Unrealized gains, net— 118 — — 118 (31)87 Other— — — 4 4 (1)3 Total other comprehensive income (loss) before reclassifications368 118 — 4 490 (126)364 Amounts reclassified from accumulated other comprehensive income (loss) that (increase) decrease net income:    Net yield adjustment from cash flow hedges currently in effect— 108 — — 108 (a)(26)82 Amortization of prior service credit and    actuarial gains— — (6)— (6)(b)1 (5)Total other comprehensive income (loss)368 226 (6)4 592 (151)441 Balance — September 30, 2025$163 $91 $125 $(6)$373 $(96)$277     Balance — January 1, 2024$(251)