Company: MTB-PJ
Filing Date: 2025-08-04
Form Type: 10-Q
Source: 0000036270-25-000011
Chunk: 106

Company: M&T BANK CORP
Filing Date: 2025-08-04
Form: 10-Q
Item: Part I, Item 1
Chunk 106
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 loans held for sale are included in this segment.

COMMERCIAL BANK SEGMENT FINANCIAL SUMMARY

Three Months EndedChangeSix Months EndedChange(Dollars in millions)June 30, 2025March 31, 2025Amount%June 30, 2025June 30, 2024Amount%Income StatementNet interest income$531 $529 $2 — %$1,060 $1,101 $(41)-4 %Noninterest income205 173 32 18 378 315 63 20 Total revenue736 702 34 5 1,438 1,416 22 2 Provision for credit losses60 36 24 68 96 154 (58)-38 Noninterest expense363 351 12 3 714 704 10 1 Income before taxes313 315 (2)-1 628 558 70 13 Income taxes82 84 (2)-2 166 152 14 10 Net income$231 $231 $— — %$462 $406 $56 14 %Average Balance SheetLoans:Commercial and industrial$53,549 $53,567 $(18)— %$53,558 $49,695 $3,863 8 %Commercial real estate23,655 24,555 (900)-4 24,102 30,153 (6,051)-20 Residential real estate414 396 18 5 405 442 (37)-8 Consumer20 18 2 10 19 27 (8)-30 Total loans$77,638 $78,536 $(898)-1 %$78,084 $80,317 $(2,233)-3 %Deposits:Noninterest-bearing$11,337 $11,304 $33 — %$11,320 $12,991 $(1,671)-13 %Interest-bearing34,658 34,173 485 1 34,418 30,251 4,167 14 Total deposits$45,995 $45,477 $518 1 %$45,738 $43,242 $2,496 6 %

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The Commercial Bank segment’s net income was