Company: MTB-PJ
Filing Date: 2025-10-27
Form Type: 10-Q
Source: 0000036270-25-000024
Chunk: 275

Company: M&T BANK CORP
Filing Date: 2025-10-27
Form: 10-Q
Item: Part I, Item 2
Chunk 275
---
14 Total revenue1,248 1,222 26 2 3,650 3,854 (204)-5 Provision for credit losses70 71 (1)-1 220 202 18 9 Noninterest expense676 648 28 4 1,960 1,815 145 8 Income before taxes502 503 (1)— 1,470 1,837 (367)-20 Income taxes126 128 (2)-1 372 473 (101)-21 Net income$376 $375 $1 — %$1,098 $1,364 $(266)-20 %Average Balance SheetLoans:Commercial and industrial$6,322 $6,236 $86 1 %$6,324 $6,936 $(612)-9 %Real estate - commercial1,639 1,647 (8)— 1,653 1,859 (206)-11 Real estate - residential21,560 20,980 580 3 21,040 20,623 417 2 Consumer25,331 24,541 790 3 24,476 21,238 3,238 15 Total loans$54,852 $53,404 $1,448 3 %$53,493 $50,656 $2,837 6 %Deposits:Noninterest-bearing$24,356 $24,449 $(93)— %$24,342 $25,055 $(713)-3 %Interest-bearing66,087 66,165 (78)— 65,662 66,565 (903)-1 Total deposits$90,443 $90,614 $(171)— %$90,004 $91,620 $(1,616)-2 %

The Retail Bank segment’s net income was relatively unchanged in the third quarter of 2025 as compared with the second quarter of 2025.

•Net interest income increased $11 million reflecting higher average balances of loans of $1.4 billion and the impact of one additional day in the recent quarter.

•Noninterest income increased $15 million reflecting higher residential mortgage loan sub-servicing revenues.

•Noninterest expense increased $28 million reflecting higher other costs of operations, an increase in equipment and net