Company: MTB-PJ
Filing Date: 2025-08-04
Form Type: 10-Q
Source: 0000036270-25-000011
Chunk: 178

Company: M&T BANK CORP
Filing Date: 2025-08-04
Form: 10-Q
Item: Part I, Item 8
Chunk 178
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11 10 60 63 2 3 51 51 124 127 Other direct expenses73 68 95 93 26 23 205 222 399 406 Indirect expense (b)129 127 292 252 82 74 (503)(453)— — Income (loss) before taxes313 281 503 635 172 195 (53)(256)935 855 Income tax expense (benefit)82 76 128 163 44 51 (35)(90)219 200 Net income (loss)$231 $205 $375 $472 $128 $144 $(18)$(166)$716 $655 Average total assets$78,497 $81,198 $55,995 $52,950 $4,272 $3,668 $71,497 $74,165 $210,261 $211,981 

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15. Segment information, continued

Six Months Ended June 30,Commercial Bank Retail Bank Institutional Services and Wealth ManagementAll Other Total (c)(Dollars in millions)2025202420252024202520242025202420252024Net interest income (a)$1,060 $1,101 $1,960 $2,161 $337 $380 $51 $(244)$3,408 $3,398 Noninterest income378 315 442 401 434 398 40 50 1,294 1,164 Total revenue1,438 1,416 2,402 2,562 771 778 91 (194)4,702 4,562 Provision for credit losses96 154 150 128 5 3 4 65 255 350 Salaries and employee benefits301 300 397 381 213 203 789 713 1,700 1,597 Depreciation and amortization21 19 122 128 4 5 107 105 254 257 Other direct expenses140 134 194 193 52 51 411 461 797 839 Indirect expense (b)252 251 571 496 163 149 (986)(896)— — Income (loss) before taxes628 558 968