Company: MTB-PJ
Filing Date: 2025-10-27
Form Type: 10-Q
Source: 0000036270-25-000024
Chunk: 0

Company: M&T BANK CORP
Filing Date: 2025-10-27
Form: 10-Q
Item: Part I, Item 1
Chunk 0
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Item 1. Financial Statements (Unaudited).

M&T Bank Corporation and Subsidiaries

Consolidated Balance Sheet (Unaudited)

(Dollars in millions, except per share)September 30,2025December 31,2024AssetsCash and due from banks$1,950 $1,909 Interest-bearing deposits at banks16,751 18,873 Trading account95 101 Investment securities:Available for sale (cost: $23,000 at September 30, 2025;    $19,054 at December 31, 2024)23,163 18,849 Held to maturity (fair value: $11,924 at September 30, 2025;    $12,955 at December 31, 2024)12,711 14,195 Equity and other securities (cost: $989 at September 30, 2025;    $1,007 at December 31, 2024)990 1,007 Total investment securities36,864 34,051 Loans (a)136,974 135,581 Allowance for loan losses(2,161)(2,184)Net loans134,813 133,397 Premises and equipment1,621 1,705 Goodwill8,465 8,465 Core deposit and other intangible assets74 94 Accrued interest and other assets10,644 9,510 Total assets$211,277 $208,105 LiabilitiesNoninterest-bearing deposits$44,994 $46,020 Savings and interest-checking deposits104,812 100,599 Time deposits13,620 14,476 Total deposits163,426 161,095 Short-term borrowings2,059 1,060 Long-term borrowings (a)12,928 12,605 Accrued interest and other liabilities4,136 4,318 Total liabilities182,549 179,078 Shareholders' equityPreferred stock2,394 2,394 Common stock, $0.50 par, 250,000,000 shares authorized,    179,436,779 shares issued at September 30, 2025 and December 31, 202490 90 Common stock issuable, 7,846 shares at September 30, 2025;