Company: MTB-PJ
Filing Date: 2025-10-27
Form Type: 10-Q
Source: 0000036270-25-000024
Chunk: 277

Company: M&T BANK CORP
Filing Date: 2025-10-27
Form: 10-Q
Item: Part I, Item 2
Chunk 277
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30, 2025June 30, 2025Amount%September 30, 2025September 30, 2024Amount%Income StatementNet interest income$163 $166 $(3)-2 %$500 $565 $(65)-12 %Noninterest income244 225 19 9 678 602 76 13 Total revenue407 391 16 4 1,178 1,167 11 1 Provision for credit losses— 2 (2)— 5 6 (1)-20 Noninterest expense217 217 — — 649 610 39 6 Income before taxes190 172 18 12 524 551 (27)-5 Income taxes48 44 4 12 133 142 (9)-6 Net income$142 $128 $14 12 %$391 $409 $(18)-4 %Average Balance SheetLoans:Commercial and industrial$1,007 $989 $18 2 %$962 $739 $223 30 %Real estate - commercial32 31 1 6 31 40 (9)-22 Real estate - residential2,354 2,290 64 3 2,285 1,985 300 15 Consumer747 793 (46)-6 779 734 45 6 Total loans$4,140 $4,103 $37 1 %$4,057 $3,498 $559 16 %Deposits:Noninterest-bearing$8,772 $8,868 $(96)-1 %$9,001 $9,094 $(93)-1 %Interest-bearing9,774 10,311 (537)-5 9,763 7,809 1,954 25 Total deposits$18,546 $19,179 $(633)-3 %$18,764 $16,903 $1,861 11 %

The Institutional Services and Wealth Management segment’s net income increased $14 million in the third quarter of 2025 as compared with the second quarter of 2025.

•Noninterest income increased $19 million reflecting a $28 million distribution in the recent quarter of an earnout payment related to the Company's sale of its CIT business