Company: MTB-PJ
Filing Date: 2025-10-27
Form Type: 10-Q
Source: 0000036270-25-000024
Chunk: 255

Company: M&T BANK CORP
Filing Date: 2025-10-27
Form: 10-Q
Item: Part I, Item 2
Chunk 255
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 126 116 Loans serviced for others (a)28,957 28,416 27,474 25,793 Loans sub-serviced for others4,297 4,209 4,063 4,044 Total loans serviced for others$33,254 $32,625 $31,537 $29,837 __________________________________________________________________________________

(a)Includes $4.4 billion at September 30, 2025, $4.3 billion at June 30, 2025, $4.2 billion at December 31, 2024 and $3.9 billion at September 30, 2024 of loan balances for which investors had recourse to the Company if such balances are ultimately uncollectable.

The higher gains on commercial mortgage loans originated for sale in the recent quarter as compared with the second quarter of 2025 reflect higher margins on new commitments to originate commercial real estate loans for sale. The increase in gains on commercial mortgage loans originated for sale in the first three quarters of 2025 as compared with the similar 2024 period reflects increased volume of and higher margin on new commitments to originate commercial real estate loans for sale.

Service charges on deposit accounts

Service charges on deposit accounts for the first nine months of 2025 increased $28 million as compared with the first nine months of 2024 reflecting higher commercial service charges that resulted from pricing changes and increased customer usage of sweep products.

Trust income

Trust income primarily includes revenues from two significant businesses managed within the Company's Institutional Services and Wealth Management segment. The Institutional Services business provides a variety of trustee, agency, investment management and administrative services for corporations and institutions, investment bankers, corporate tax, finance and legal executives, and other institutional clients who: (i) use capital markets financing structures; (ii) use independent trustees to hold assets; and (iii) need investment and cash management services. The Wealth Management business offers personal trust, planning and advisory, fiduciary, asset management, family office and other services designed to help high net worth individuals and families grow, preserve and transfer wealth.

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TRUST INCOME AND ASSETS UNDER MANAGEMENT

Three Months EndedChangeNine Months EndedChange(Dollars in millions)September 30,2025June 30,2025Amount%September 30,2025September 30,2024Amount%Trust incomeInstitutional Services$95 $96 $(1)-2 %$285 $256