Company: MTB-PJ
Filing Date: 2025-05-05
Form Type: 10-Q
Source: 0001628280-25-022036
Chunk: 267

Company: M&T BANK CORP
Filing Date: 2025-05-05
Form: 10-Q
Item: Part I, Item 2
Chunk 267
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15)Noninterest operating expense$1,402 $1,350 $1,291 $1,284 $1,381 Efficiency ratioNoninterest operating expense (numerator)$1,402 $1,350 $1,291 $1,284 $1,381 Taxable-equivalent net interest income$1,707 $1,740 $1,739 $1,731 $1,692 Other income611 657 606 584 580 Less: Gain (loss) on bank investment securities— 18 (2)(8)2 Denominator$2,318 $2,379 $2,347 $2,323 $2,270 Efficiency ratio60.5 %56.8 %55.0 %55.3 %60.8 %Balance sheet dataAverage assetsAverage assets$208,321 $211,853 $209,581 $211,981 $211,478 Goodwill(8,465)(8,465)(8,465)(8,465)(8,465)Core deposit and other intangible assets(92)(100)(113)(126)(140)Deferred taxes27 29 28 30 33 Average tangible assets$199,791 $203,317 $201,031 $203,420 $202,906 Average common equityAverage total equity$28,998 $28,707 $28,725 $27,745 $27,019 Preferred stock(2,394)(2,394)(2,565)(2,405)(2,011)Average common equity26,604 26,313 26,160 25,340 25,008 Goodwill(8,465)(8,465)(8,465)(8,465)(8,465)Core deposit and other intangible assets(92)(100)(113)(126)(140)Deferred taxes27 29 28 30 33 Average tangible common equity$18,074 $17,777 $17,610 $16,779 $16,436 At end of quarterTotal assetsTotal assets$210,321 $208,105 $211,785 $208,855 $215,137 Goodwill(8,465)(8,465)(8,465)(8,465)(8,