Company: MTB-PJ
Filing Date: 2025-08-04
Form Type: 10-Q
Source: 0000036270-25-000011
Chunk: 86

Company: M&T BANK CORP
Filing Date: 2025-08-04
Form: 10-Q
Item: Part I, Item 1
Chunk 86
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(Dollars in millions)June 30,2025March 31,2025Amount%June 30,2025June 30,2024Amount%Mortgage banking revenues$130 $118 $12 11 %$248 $210 $38 18 %Service charges on deposit accounts137 133 4 4 270 251 19 8 Trust income182 177 5 3 359 330 29 9 Brokerage services income31 32 (1)-1 63 59 4 6 Trading account and other non-hedging    derivative gains12 9 3 15 21 16 5 30 Gain (loss) on bank investment securities— — — — — (6)6 — Other revenues from operations191 142 49 33 333 304 29 9 Total other income$683 $611 $72 12 %$1,294 $1,164 $130 11 %

Mortgage banking revenues

Mortgage banking revenues are comprised of both residential and commercial mortgage banking activities, which consist of realized gains and losses from sales of real estate loans and loan servicing rights, unrealized gains and losses on real estate loans held for sale and related commitments, real estate loan servicing fees, and other real estate loan related fees and income. The Company's involvement in commercial mortgage banking activities includes the origination, sales and servicing of loans under the multifamily loan programs of Fannie Mae, Freddie Mac, and the U.S. Department of Housing and Urban Development.

RESIDENTIAL MORTGAGE BANKING ACTIVITIES

Three Months EndedChangeSix Months EndedChange(Dollars in millions)June 30,2025March 31,2025Amount%June 30,2025June 30,2024Amount%Residential mortgage banking revenuesGains on loans originated for sale$8 $6 $2 38 %$14 $14 $— 3 %Loan servicing fees34 36 (2)-5 70 77 (7)-9 Loan sub-servicing and other fees55 40 15 36 95 63 32 50 Total loan servicing revenues89 76 13 16 165 140 25 18 Total residential mortgage banking revenues$97 $82