Company: MTB-PJ
Filing Date: 2025-08-04
Form Type: 10-Q
Source: 0000036270-25-000011
Chunk: 269

Company: M&T BANK CORP
Filing Date: 2025-08-04
Form: 10-Q
Item: Part I, Item 2
Chunk 269
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 Company is exposed to credit risk associated with counterparties to such activities. Information about the Company’s use of derivative financial instruments is included in note 11 of Notes to Financial Statements.

Capital

The following table presents components related to shareholders' equity and dividends. 

SHAREHOLDERS' EQUITY, DIVIDENDS AND SELECT RATIOS

(Dollars in millions, except per share)June 30, 2025December 31, 2024June 30, 2024Preferred stock$2,394 $2,394 $2,744 Common shareholders' equity26,131 26,633 25,680 Total shareholders' equity$28,525 $29,027 $28,424 Per share:Common shareholders’ equity$166.94 $160.90 $153.57 Tangible common shareholders’ equity (a)112.48 109.36 102.42 Ratios:Shareholders' equity to total assets13.48 %13.95 %13.61 %Tangible common shareholders' equity to tangible assets (a)8.67 9.07 8.55 Cash dividends declared for quarter ended:Common stock$214 $226 $228 Common stock per share1.35 1.35 1.35 Preferred stock35 35 27 __________________________________________________________________________________

(a)Reconciliations of total common shareholders’ equity and tangible common equity and total assets and tangible assets as of each of those dates are presented in Table 2.

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Shareholders’ equity reflects accumulated other comprehensive income or loss, which includes the net after-tax impact of unrealized gains or losses on investment securities classified as available for sale, gains or losses associated with interest rate swap agreements designated as cash flow hedges and adjustments to reflect the funded status of defined benefit pension and other postretirement plans. The components of accumulated other comprehensive income (loss) are presented in the following table.

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) - NET OF INCOME TAX

(Dollars in millions, except per share)June 30, 2025December 31, 2024June 30, 2024Investment securities unrealized gains (losses), net (a)$61 $(153)$(179)Cash flow hedges unrealized gains (losses), net (b)63 (101)(246)Defined