Company: MTB-PJ
Filing Date: 2025-08-04
Form Type: 10-Q
Source: 0000036270-25-000011
Chunk: 229

Company: M&T BANK CORP
Filing Date: 2025-08-04
Form: 10-Q
Item: Part I, Item 2
Chunk 229
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2025Percentage ChangeJune 30,2025June 30,2024Percentage ChangeCommercial and industrial$61,036 $61,056 — %$61,046 $57,486 6 %Commercial real estate25,333 26,259 -4 25,794 32,077 -20 Residential real estate23,684 23,176 2 23,431 23,071 2 Consumer:Home equity lines and loans4,598 4,565 1 4,582 4,578 — Recreational finance13,295 12,684 5 12,991 10,628 22 Automobile5,225 4,896 7 5,061 4,286 18 Other2,236 2,208 1 2,222 2,066 8 Total consumer25,354 24,353 4 24,856 21,558 15 Total$135,407 $134,844 — %$135,127 $134,192 1 %

Average loans totaled $135.4 billion in the second quarter of 2025, up $563 million from the first quarter of 2025. 

•Average commercial and industrial loans were $61.0 billion in the recent quarter, relatively unchanged from the first quarter of 2025.

•Commercial real estate loans averaged $25.3 billion in the second quarter of 2025, down $926 million from the first quarter of 2025, reflecting decreases of $247 million and $679 million of average permanent and construction commercial real estate loans, respectively. Contributing to the decline were payoffs and the sale of $661 million of out-of-footprint residential builder and developer loans.

•Average residential real estate loans increased $508 million in the recent quarter as compared with the first quarter of 2025, reflecting a higher retention of originated residential mortgage loans and purchases.

•Average consumer loans in the second quarter of 2025 increased $1.0 billion from the first quarter of 2025 to $25.4 billion reflecting higher average balances of recreational finance loans and automobile loans of $611 million and $329 million, respectively.

In the first six months of 2025, average loans increased $935 million or 1% from the corresponding 2024 period. 

•Average commercial and industrial loans increased $3.6 billion reflecting