Company: MTB-PJ
Filing Date: 2025-02-19
Form Type: 10-K
Source: 0001628280-25-006267
Chunk: 52

Company: M&T BANK CORP
Filing Date: 2025-02-19
Form: 10-K
Item: Item 1A
Chunk 52
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Item 1A.    Risk Factors.

Risk Factors Summary

Market Risk

•Weakness in the economy has adversely affected the Company in the past and may adversely affect the Company in the future.

•The Company’s business and financial performance is impacted significantly by market interest rates and movements in those rates. The monetary and other related policies of governmental agencies, including the Federal Reserve, have a significant impact on interest rates and overall financial market performance over which the Company has no control and which the Company may not be able to anticipate adequately. 

•The Company is routinely subject to examinations from various governmental taxing authorities that may result in challenges to the Company’s tax return treatment.

•The Company’s business and performance is vulnerable to the impact of volatility in debt and equity markets.

•The Company’s regional concentrations expose it to adverse economic conditions in its primary retail banking office footprint.

•The discontinuation of benchmark rates as permissible rate indices in new contracts and the development of alternative benchmark indices to replace discontinued benchmarks could adversely impact the Company’s business and results of operations. 

Risks Relating to Compliance and the Regulatory Environment

•The Company is subject to extensive government regulation and supervision and this regulatory environment can be and has been significantly impacted by financial regulatory reform initiatives.

•The Company may be subject to more stringent capital and liquidity requirements and new requirements relating to long-term debt. 

•M&T’s ability to return capital to shareholders and to pay dividends on common stock may be adversely affected by market and other factors outside of its control and will depend, in part, on the results of supervisory stress tests administered by the Federal Reserve.

•If an orderly liquidation of a systemically important BHC or non-bank financial company were triggered, M&T could face assessments for the OLF.

Credit Risk

•Deteriorating credit quality could adversely impact the Company.

•The Company may be adversely affected by the soundness of other financial institutions.

Liquidity Risk

•The Company must maintain adequate sources of funding and liquidity.

•If the Company is unable to maintain or grow its deposits, it may be subject to paying higher funding costs.

•M&T relies on dividends from its subsidiaries for its liquidity.

Strategic Risk

•The financial services industry is highly competitive and creates competitive pressures that could adversely affect the Company’s revenue and profitability.

•Difficulties in obtaining regulatory approval for acquisitions and in combining the operations of acquired entities with the Company’s own operations may prevent M&T from achieving expected benefits from acquisitions.

•The Company could suffer if it