Company: MTB-PJ
Filing Date: 2025-05-05
Form Type: 10-Q
Source: 0001628280-25-022036
Chunk: 268

Company: M&T BANK CORP
Filing Date: 2025-05-05
Form: 10-Q
Item: Part I, Item 2
Chunk 268
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465)Core deposit and other intangible assets(93)(94)(107)(119)(132)Deferred taxes26 28 30 31 34 Total tangible assets$201,789 $199,574 $203,243 $200,302 $206,574 Total common equityTotal equity$28,991 $29,027 $28,876 $28,424 $27,169 Preferred stock(2,394)(2,394)(2,394)(2,744)(2,011)Common equity26,597 26,633 26,482 25,680 25,158 Goodwill(8,465)(8,465)(8,465)(8,465)(8,465)Core deposit and other intangible assets(93)(94)(107)(119)(132)Deferred taxes26 28 30 31 34 Total tangible common equity$18,065 $18,102 $17,940 $17,127 $16,595 __________________________________________________________________________________

(a)After any related tax effect.

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Item 3. Quantitative and Qualitative Disclosures About Market Risk.

Incorporated by reference to the discussion contained in Part I, Item 2, "Management's Discussion and Analysis of Financial Condition and Results of Operations," under the captions "Liquidity Risk," "Market Risk and Interest Rate Sensitivity" and "Capital."

Item 4. Controls and Procedures.

(a) Evaluation of disclosure controls and procedures. Based upon an evaluation carried out as of the end of the period covered by this report under the supervision and with the participation of M&T's management, including its Chairman and Chief Executive Officer and its Chief Financial Officer, of the effectiveness of M&T’s disclosure controls and procedures (as defined in Exchange Act rules 13a-15(e)), René F. Jones, Chairman of the Board and Chief Executive Officer, and Daryl N. Bible, Senior Executive Vice President and Chief Financial Officer, concluded that M&T’s disclosure controls and procedures were effective as of March 31, 2025.

(b) Changes in internal control over financial reporting. M&T regularly assesses the adequacy of its internal control over financial reporting and enhances its controls in response to internal control assessments and internal and external audit and regulatory recommendations. No changes in internal control over financial reporting have been identified during the quarter ended March 31, 2025 that have materially affected, or are reasonably