Company: MTB-PJ
Filing Date: 2025-08-04
Form Type: 10-Q
Source: 0000036270-25-000011
Chunk: 0

Company: M&T BANK CORP
Filing Date: 2025-08-04
Form: 10-Q
Item: Part I, Item 1
Chunk 0
---
Item 1. Financial Statements (Unaudited).

M&T Bank Corporation and Subsidiaries

Consolidated Balance Sheet (Unaudited)

(Dollars in millions, except per share)June 30,2025December 31,2024AssetsCash and due from banks$2,128 $1,909 Interest-bearing deposits at banks19,297 18,873 Trading account93 101 Investment securities:Available for sale (cost: $21,458 at June 30, 2025;    $19,054 at December 31, 2024)21,540 18,849 Held to maturity (fair value: $12,073 at June 30, 2025;    $12,955 at December 31, 2024)13,024 14,195 Equity and other securities (cost: $1,003 at June 30, 2025;    $1,007 at December 31, 2024)1,004 1,007 Total investment securities35,568 34,051 Loans (a)136,116 135,581 Allowance for loan losses(2,197)(2,184)Net loans133,919 133,397 Premises and equipment1,646 1,705 Goodwill8,465 8,465 Core deposit and other intangible assets84 94 Accrued interest and other assets10,384 9,510 Total assets$211,584 $208,105 LiabilitiesNoninterest-bearing deposits$47,485 $46,020 Savings and interest-checking deposits102,874 100,599 Time deposits14,094 14,476 Total deposits164,453 161,095 Short-term borrowings2,071 1,060 Long-term borrowings (a)12,380 12,605 Accrued interest and other liabilities4,155 4,318 Total liabilities183,059 179,078 Shareholders' equityPreferred stock2,394 2,394 Common stock, $0.50 par, 250,000,000 shares authorized,    179,436,779 shares issued at June 30, 2025 and December 31, 202490 90 Common stock issuable, 9,556 shares at June 30,