Company: MTB-PJ
Filing Date: 2025-10-27
Form Type: 10-Q
Source: 0000036270-25-000024
Chunk: 161

Company: M&T BANK CORP
Filing Date: 2025-10-27
Form: 10-Q
Item: Part I, Item 8
Chunk 161
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 30, 2025Classification in Consolidated Statement of Income Service charges on deposit accounts$45 $96 $— $141 Trust income1 — 180 181 Brokerage services income1 — 33 34 Other revenues from operations:Merchant discount and credit card interchange fees20 27 — 47 Other11 7 2 20 $78 $130 $215 $423 Three Months Ended September 30, 2024Classification in Consolidated Statement of IncomeService charges on deposit accounts$40 $92 $— $132 Trust income1 — 169 170 Brokerage services income2 — 30 32 Other revenues from operations:Merchant discount and credit card interchange fees18 23 — 41 Other8 8 3 19 $69 $123 $202 $394 

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7. Revenue from contracts with customers, continued

(Dollars in millions)Commercial BankRetail BankInstitutional Services and Wealth ManagementTotalNine Months Ended September 30, 2025Classification in Consolidated Statement of IncomeService charges on deposit accounts$133 $278 $— $411 Trust income3 — 537 540 Brokerage services income4 — 93 97 Other revenues from operations:Merchant discount and credit card interchange fees55 75 — 130 Other31 22 6 59 $226 $375 $636 $1,237 Nine Months Ended September 30, 2024Classification in Consolidated Statement of IncomeService charges on deposit accounts$120 $263 $— $383 Trust income3 — 497 500 Brokerage services income5 — 86 91 Other revenues from operations:Merchant discount and credit card interchange fees54 67 — 121 Other23 23 8 54 $205 $353 $591 $1,149 

8. Pension plans and other postretirement benefitsThe Company provides defined pension and other postretirement benefits (including health care and life insurance benefits) to qualified retired employees. Net periodic benefit for defined benefit plans consisted of the following:Pension Benefits Other Postretirement Benefits Three Months Ended September 30,(Dollars in millions)2025202420252024Service cost$2 $3 $— $— Interest cost