Company: MTB-PJ
Filing Date: 2025-02-19
Form Type: 10-K
Source: 0001628280-25-006267
Chunk: 144

Company: M&T BANK CORP
Filing Date: 2025-02-19
Form: 10-K
Item: Item 7
Chunk 144
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 rate-2.9 1.4 -1.4 -9.1 4.8 -4.5 -1.3 3.3 1.9 Home price index growth/     decline rate-.1 2.4 2.3 -3.2 -.1 -3.3 -3.2 -3.1 -6.2 

With respect to economic forecasts, the Company assessed the likelihood of alternative economic scenarios during the two-year reasonable and supportable forecast period. Generally, an increase in unemployment rate or a decrease in any of the rate of change in GDP, commercial real estate prices or home prices could have an adverse impact on expected credit losses and may result in an increase to the allowance for credit losses. Forward-looking economic forecasts are subject to inherent imprecision and future outcomes may differ materially from forecasted events. In consideration of such uncertainty, the alternative economic scenarios shown in Table 25 were considered to estimate the possible impact on modeled credit losses.

Table 25

ALLOWANCE FOR CREDIT LOSSES SENSITIVITIES

December 31, 2024Year 1 Year 2 Cumulative Potential downside economic scenario:National unemployment rate7.0 %8.0 %Real GDP growth/decline rate-2.4 1.7 -.7 %Commercial real estate price index decline rate-14.8 -6.0 -20.0 Home price index growth/decline rate-9.3 2.3 -7.2 Potential upside economic scenario:National unemployment rate3.4 3.2 Real GDP growth rate3.3 2.0 5.4 Commercial real estate price index growth rate2.0 4.7 6.8 Home price index growth rate4.5 4.3 9.0 

(Dollars in millions)Impact to Modeled Credit Losses Increase (Decrease) Potential downside economic scenario$364 Potential upside economic scenario(118)

These examples are only a few of the numerous possible economic scenarios that could be utilized in assessing the sensitivity of expected credit losses. The estimated impacts on credit losses in such scenarios pertain only to modeled credit losses and do not include consideration of other factors the Company may evaluate when determining its allowance for credit losses. As a result, it is possible that the Company may, at another point in time, reach different