Company: MTB-PJ
Filing Date: 2025-08-04
Form Type: 10-Q
Source: 0000036270-25-000011
Chunk: 83

Company: M&T BANK CORP
Filing Date: 2025-08-04
Form: 10-Q
Item: Part I, Item 1
Chunk 83
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, the Company may adjust forecasted loss estimates for inherent limitations or biases in the models as well as for other factors that may not be adequately considered in its quantitative methodologies including the impact of portfolio concentrations, imprecision in economic forecasts, geopolitical conditions and other risk factors that influence the loss estimation process. At each of June 30, 2025, March 31, 2025 and December 31, 2024, the Company qualitatively adjusted credit loss estimates for inherent limitations in the ability to assess real-time changes in commercial borrower performance and for environmental influences affecting certain loan portfolios. Qualitative adjustments at June 30, 2025, primarily related to portfolio exposures to certain commercial and industrial borrowers, commercial real estate loans and recreational finance consumer loans, were not significantly changed from March 31, 2025 and December 31, 2024.

Forward-looking estimates of certain macroeconomic variables are determined by the M&T Scenario Review Committee, which is comprised of senior management business leaders and economists. The weighted-average of macroeconomic assumptions utilized as of June 30, 2025, March 31, 2025 and December 31, 2024 are presented in the following table and were based on information available at or near the time the Company was preparing its estimate of expected credit losses as of those dates.

ALLOWANCE FOR LOAN LOSSES MACROECONOMIC ASSUMPTIONS

June 30, 2025March 31, 2025December 31, 2024Year 1Year 2CumulativeYear 1Year 2CumulativeYear 1Year 2CumulativeNational unemployment rate 4.8 %5.3 %4.7 %5.2 %4.5 %4.7 %Real GDP growth rate .8 1.8 2.6 %.7 2.2 2.9 %1.3 1.7 3.0 %Commercial real estate price    index growth/decline rate-2.5 -.4 -2.7 -3.0 2.9 .1 -2.9 1.4 -1.4 Home price index growth/   decline rate-.2 2.1 1.9 -.7 2.2 1.4 -.1 2.4 2.3 

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With respect to economic forecasts, the Company