Company: MTB-PJ
Filing Date: 2025-10-27
Form Type: 10-Q
Source: 0000036270-25-000024
Chunk: 85

Company: M&T BANK CORP
Filing Date: 2025-10-27
Form: 10-Q
Item: Part I, Item 1
Chunk 85
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 a secured lender and its practice of charging off loan balances when collection is deemed doubtful, this ratio and changes in the ratio are generally not an indicative measure of the adequacy of the Company’s allowance for loan losses, nor does management rely upon this ratio in assessing the adequacy of the Company’s allowance for loan losses.

(c)Included in Accrued interest and other liabilities in the Consolidated Balance Sheet.

The lower ratio of the allowance for loan losses as a percent of loans outstanding at September 30, 2025 as compared with June 30, 2025 and December 31, 2024, reflects lower levels of criticized commercial real estate loans. The level of the allowance reflects management’s evaluation of the loan portfolio using the methodology and considering the factors as described herein. Should the various economic forecasts and credit factors considered by management in establishing the allowance for loan losses change and should management’s assessment of losses in the loan portfolio also change, the level of the allowance as a percent of loans could increase or decrease in future periods. The reported level of the allowance for loan losses reflects management’s evaluation of the loan portfolio as of each respective date. 

Other Income

The components of other income are presented in the accompanying table.

OTHER INCOME

Three Months EndedChangeNine Months EndedChange(Dollars in millions)September 30,2025June 30,2025Amount%September 30,2025September 30,2024Amount%Mortgage banking revenues$147 $130 $17 13 %$395 $319 $76 24 %Service charges on deposit accounts141 137 4 2 411 383 28 7 Trust income181 182 (1)-1 540 500 40 8 Brokerage services income34 31 3 9 97 91 6 7 Trading account and other non-hedging    derivative gains18 12 6 66 39 29 10 32 Gain (loss) on bank investment securities1 — 1 — 1 (8)9 — Other revenues from operations230 191 39 21 563 456 107 23 Total other income$752 $683 $69 10 %$2,046 $1,770 $276 16 %

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Mortgage banking revenues

Mortgage banking revenues are comprised of both residential and commercial mortgage banking