M&T BANK CORP (MTB)
2025-06-30 | 2024-09-30 | 2024-06-30 | 2024-03-31 | |
|---|---|---|---|---|
| Revenue from contract with customer-Deposit Account | - | - | - | 124 |
| Revenue from contract with customer-Mortgage Banking | - | - | - | 104 |
| Revenue from contract with customer-Fiduciary And Trust | - | - | - | 160 |
| Trading account and other non-hedging derivative gains | 12 | 13 | 7 | 9 |
| Other revenues from operations | 191 | 152 | 152 | 152 |
| Gain (loss) on bank investment securities | - | -2 | -8 | 2 |
| Brokerage services income | 31 | 32 | 30 | 29 |
| Trust income | 182 | 170 | 170 | - |
| Mortgage banking revenues | 130 | 109 | 106 | - |
| Service charges on deposit accounts | 137 | 132 | 127 | - |
| Total other income | 683 | 606 | 584 | 580 |
| Professional and other services | - | - | - | 85 |
| Professional and other services | 86 | 88 | 91 | - |
| Other costs of operations | 113 | 128 | 116 | 134 |
| Equipment and net occupancy | 130 | 125 | 125 | 129 |
| Advertising and marketing | 25 | 27 | 27 | 20 |
| Salaries and employee benefits | 813 | 775 | 764 | 833 |
| Outside data processing and software | 138 | 123 | 124 | 120 |
| Fdic assessments | 22 | 25 | 37 | 60 |
| Amortization of core deposit and other intangible assets | 9 | 12 | 13 | 15 |
| Total other expense | 1,336 | 1,303 | 1,297 | 1,396 |
| Provision for credit losses | - | - | - | 200 |
| Provision for credit losses | - | 120 | 150 | - |
| Total interest expense | - | - | 1,071 | 1,065 |
| Time deposits | 123 | 180 | 217 | 225 |
| Short-term borrowings | 37 | 57 | 69 | 84 |
| Long-term borrowings | 157 | 167 | 167 | 141 |
| Savings and interest-checking deposits | 579 | 655 | 618 | 615 |
| Total interest expense | 896 | 1,059 | - | - |
| Exempt from federal taxes | - | 16 | 16 | 16 |
| Fully taxable | - | 267 | 244 | 212 |
| Other | 2 | 1 | 1 | 1 |
| Deposits at banks | 219 | 348 | 400 | 419 |
| Loans | 2,054 | 2,153 | 2,128 | 2,097 |
| Investment securities | 334 | - | - | - |
| Total interest income | 2,609 | 2,785 | 2,789 | 2,745 |
| Net interest income | 1,713 | 1,726 | 1,718 | 1,680 |
| Provision for credit losses | 125 | - | - | - |
| Net interest income after provision for credit losses | 1,588 | 1,606 | 1,568 | 1,480 |
| Income before taxes | 935 | 909 | 855 | 664 |
| Income taxes | 219 | 188 | 200 | 133 |
| Net income | 716 | 721 | 655 | 531 |
| Basic (in shares) | 159,221,000 | 166,671,000 | 166,951,000 | 166,460,000 |
| Basic (in usd per share) | 4.26 | 4.04 | 3.75 | 3.04 |
| Diluted (in shares) | 160,005,000 | 167,567,000 | 167,659,000 | 167,084,000 |
| Diluted (in usd per share) | 4.24 | 4.02 | 3.73 | 3.02 |