Company: MTB-PJ
Filing Date: 2025-10-27
Form Type: 10-Q
Source: 0000036270-25-000024
Chunk: 183

Company: M&T BANK CORP
Filing Date: 2025-10-27
Form: 10-Q
Item: Part I, Item 8
Chunk 183
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 $211,053 $209,581 

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15. Segment information, continued

Nine Months Ended September 30,Commercial Bank Retail Bank Institutional Services and Wealth ManagementAll Other Total (c)(Dollars in millions)2025202420252024202520242025202420252024Net interest income (a)$1,599 $1,652 $2,959 $3,248 $500 $565 $111 $(341)$5,169 $5,124 Noninterest income587 487 691 606 678 602 90 75 2,046 1,770 Total revenue2,186 2,139 3,650 3,854 1,178 1,167 201 (266)7,215 6,894 Provision for credit losses168 193 220 202 5 6 (13)69 380 470 Salaries and employee benefits461 452 601 577 325 306 1,146 1,037 2,533 2,372 Depreciation and amortization32 29 181 189 6 6 157 155 376 379 Other direct expenses208 203 310 298 77 75 610 669 1,205 1,245 Indirect expense (b)379 378 868 751 241 223 (1,488)(1,352)— — Income (loss) before taxes938 884 1,470 1,837 524 551 (211)(844)2,721 2,428 Income tax expense (benefit)248 239 372 473 133 142 (124)(333)629 521 Net income (loss)$690 $645 $1,098 $1,364 $391 $409 $(87)$(511)$2,092 $1,907 Average total assets$78,691 $80,903 $56,022 $52,771 $4,244 $3,735 $70,932 $73,599 $209,889 $211,008 __________________________________________________________________________________(a)Net interest income is the difference between actual taxable-equivalent interest earned on assets and interest paid on liabilities by a segment and a funding charge (credit) based