Company: MTB-PJ
Filing Date: 2025-10-27
Form Type: 10-Q
Source: 0000036270-25-000024
Chunk: 119

Company: M&T BANK CORP
Filing Date: 2025-10-27
Form: 10-Q
Item: Part I, Item 1
Chunk 119
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Taxable-equivalent net interest income$1,773 $1,722 $1,707 $1,740 $1,739 $1,731 $1,692 Other income752 683 611 657 606 584 580 Less: Gain (loss) on bank investment securities1 — — 18 (2)(8)2 Denominator$2,524 $2,405 $2,318 $2,379 $2,347 $2,323 $2,270 Efficiency ratio53.6 %55.2 %60.5 %56.8 %55.0 %55.3 %60.8 %Balance sheet dataAverage assetsAverage assets$211,053 $210,261 $208,321 $211,853 $209,581 $211,981 $211,478 Goodwill(8,465)(8,465)(8,465)(8,465)(8,465)(8,465)(8,465)Core deposit and other intangible assets(79)(89)(92)(100)(113)(126)(140)Deferred taxes24 26 27 29 28 30 33 Average tangible assets$202,533 $201,733 $199,791 $203,317 $201,031 $203,420 $202,906 Average common equityAverage total equity$28,583 $28,666 $28,998 $28,707 $28,725 $27,745 $27,019 Preferred stock(2,394)(2,394)(2,394)(2,394)(2,565)(2,405)(2,011)Average common equity26,189 26,272 26,604 26,313 26,160 25,340 25,008 Goodwill(8,465)(8,465)(8,465)(8,465)(8,465)(8,465)(8,465)Core deposit and other intangible assets(79)(89)(92)(100)(113)(126)(140)Deferred taxes24 26 27 29 28 30 33 Average tangible common equity$17,669 $17,744 $18,074 $17,777 $17,610 $16,779