Company: MTB-PJ
Filing Date: 2025-02-19
Form Type: 10-K
Source: 0001628280-25-006267
Chunk: 116

Company: M&T BANK CORP
Filing Date: 2025-02-19
Form: 10-K
Item: Item 7
Chunk 116
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824 $2,514 2.57 %$89,489 $1,746 1.95 %$84,753 $271 .32 %Time deposits18,339 781 4.26 17,131 671 3.92 4,850 24 .49 Total interest-bearing deposits116,163 3,295 2.84 106,620 2,417 2.27 89,603 295 .33 Short-term borrowings4,440 242 5.45 5,758 292 5.07 936 19 2.08 Long-term borrowings11,083 637 5.76 7,296 400 5.49 3,440 111 3.23 Total interest-bearing liabilities131,686 4,174 3.17 119,674 3,109 2.60 93,979 425 .45 Noninterest-bearing deposits47,260 55,474 68,888 Other liabilities4,222 4,350 3,575 Total liabilities183,168 179,498 166,442 Shareholders’ equity28,052 25,899 23,810 Total liabilities and     shareholders’ equity$211,220 $205,397 $190,252 Net interest spread2.57 2.90 3.19 Contribution of interest-free funds1.01 .93 .20 Net interest income/margin on      earning assets$6,902 3.58 %$7,169 3.83 %$5,861 3.39 %

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(a)Includes nonaccrual loans.

(b)Includes available-for-sale securities at amortized cost.

(c)Primarily government issued or guaranteed.

58

The total changes in interest income and expense, including the changes attributable to volume and rate are presented in Table 5.

Table 5

CHANGES IN INTEREST INCOME AND EXPENSE (a)

2024 Compared with 20232023 Compared with 2022Resulting fromChanges in:Resulting fromChanges in: (Dollars in millions)TotalChangeVolume RateTotalChangeVolume Rate Interest income (b):Loans and leases$452 $124 $328 $2,792 $643 $2,