Company: MTB-PJ
Filing Date: 2025-02-19
Form Type: 10-K
Source: 0001628280-25-006267
Chunk: 157

Company: M&T BANK CORP
Filing Date: 2025-02-19
Form: 10-K
Item: Item 7
Chunk 157
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In addition to deposits and borrowings, other sources of liquidity include maturities and repayments of investment securities, loans and other earning assets, as well as cash generated from operations, such as fees collected for services. The Company also has the ability to securitize or sell certain financial assets, including various loan types, to provide other liquidity alternatives. U.S. Treasury and government-issued or guaranteed mortgage-backed securities comprised 93% of the Company's debt securities portfolio at December 31, 2024. The weighted-average durations of debt investment securities available for sale and held to maturity at December 31, 2024 were 2.6 years and 5.3 years, respectively. 

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Table 34 provides the contractual maturity schedule and taxable-equivalent yields of debt securities as of December 31, 2024.

Table 34

MATURITY AND TAXABLE-EQUIVALENT YIELD OF DEBT SECURITIES (a)

December 31, 2024(Dollars in millions)One Yearor Less One to FiveYears Five to TenYears Over TenYears Total Investment securities available for sale (b):U.S. Treasury:Carrying value$2,928 $5,003 $— $— $7,931 Yield3.22 %4.27 %— %— %3.88 %Mortgage-backed securities (c):Government issued or guaranteed:Carrying value$410 $4,057 $1,756 $4,693 $10,916 Yield4.47 %4.46 %4.59 %4.74 %4.60 %Other:Carrying value$1 $1 $— $— $2 Yield.97 %4.58 %— %— %1.76 %Total investment securities available for sale:Carrying value$3,339 $9,061 $1,756 $4,693 $18,849 Yield3.37 %4.35 %4.59 %4.74 %4.30 %Investment securities held to maturity:U.S. Treasury:Carrying value$574 $441 $— $— $1,015 Yield2.48 %2.61 %— %— %2.54 %Mortgage