Company: MTB-PJ
Filing Date: 2025-10-27
Form Type: 10-Q
Source: 0000036270-25-000024
Chunk: 35

Company: M&T BANK CORP
Filing Date: 2025-10-27
Form: 10-Q
Item: Part I, Item 1
Chunk 35
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(1)4 Total other comprehensive income (loss) before reclassifications308 287 — 5 600 (150)450 Amounts reclassified from accumulated other comprehensive income (loss) that (increase) decrease net income:Net yield adjustment from cash flow hedges currently in effect— 102 — — 102 (a)(27)75 Amortization of prior service credit and    actuarial gains— — (2)— (2)(b)1 (1)Total other comprehensive income (loss)308 389 (2)5 700 (176)524 Balance — September 30, 2024$69 $59 $(160)$(4)$(36)$9 $(27)(a)Included in Interest income in the Company's Consolidated Statement of Income.(b)Included in Other costs of operations in the Company's Consolidated Statement of Income. Accumulated other comprehensive income (loss), net during the three-month periods ended September 30, 2025 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 — —