M&T BANK CORP

MTB 10-Q · Q2 2025

MTB Q2 2025 request

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Income Statement

Income Statement
Metric Q2 2025 Q2 2024 YoY
Revenue 417 388 +7.5%
Show Product Lines breakouts
Brokerage services income 31 30 +3.3%
Brokerage services income · Commercial Bank 2 1 +100.0%
Brokerage services income · Institutional Services and Wealth Management 29 29 0.0%
Credit Card Merchant Discount 46 43 +7.0%
Credit Card Merchant Discount · Commercial Bank 19 19 0.0%
Credit Card Merchant Discount · Retail Bank 27 24 +12.5%
Deposit Account 137 127 +7.9%
Deposit Account · Commercial Bank 43 40 +7.5%
Deposit Account · Retail Bank 94 87 +8.0%
Fiduciary And Trust 182 170 +7.1%
Fiduciary And Trust · Commercial Bank 1 1 0.0%
Fiduciary And Trust · Institutional Services and Wealth Management 181 169 +7.1%
Product And Service Other 21 18 +16.7%
Product And Service Other · Commercial Bank 11 7 +57.1%
Product And Service Other · Institutional Services and Wealth Management 2 3 -33.3%
Product And Service Other · Retail Bank 8 8 0.0%
Show Business Segments breakouts
Commercial Bank 76 68 +11.8%
Institutional Services and Wealth Management 212 201 +5.5%
Retail Bank 129 119 +8.4%
Show Schedule Of Equity Method Investment Equity Method Investee Name breakouts
Bayview Lending Group and Bayview Financial 1 1 0.0%
Revenue (Q)
Show Business Segments breakouts
All Other Segments · Operating Segments 47 -110 +142.7%
Commercial Bank · Operating Segments 736 717 +2.6%
Institutional Services and Wealth Management · Operating Segments 391 401 -2.5%
Retail Bank · Operating Segments 1,222 1,294 -5.6%
Show Consolidation Items breakouts
Operating Segments 2,396 2,302 +4.1%
Income Before Taxes 935 855 +9.4%
Show Business Segments breakouts
All Other Segments · Operating Segments -53 -256 +79.3%
Commercial Bank · Operating Segments 313 281 +11.4%
Institutional Services and Wealth Management · Operating Segments 172 195 -11.8%
Retail Bank · Operating Segments 503 635 -20.8%
Show Consolidation Items breakouts
Operating Segments 935 855 +9.4%
Income Tax Expense (Benefit) 219 200 +9.5%
Show Business Segments breakouts
All Other Segments · Operating Segments -35 -90 +61.1%
Commercial Bank · Operating Segments 82 76 +7.9%
Institutional Services and Wealth Management · Operating Segments 44 51 -13.7%
Retail Bank · Operating Segments 128 163 -21.5%
Show Consolidation Items breakouts
Operating Segments 219 200 +9.5%
Net Income 716 655 +9.3%
Show Business Segments breakouts
All Other Segments · Operating Segments -18 -166 +89.2%
Commercial Bank · Operating Segments 231 205 +12.7%
Institutional Services and Wealth Management · Operating Segments 128 144 -11.1%
Retail Bank · Operating Segments 375 472 -20.6%
Comprehensive Income 841 693 +21.4%
Show Equity Components breakouts
Accumulated Other Comprehensive Income 125
Retained Earnings 716 655 +9.3%
Other Comprehensive Income 125 38 +228.9%
EPS (Basic) 4.26 3.75 +13.6%
EPS (Diluted) 4.24 3.73 +13.7%
Wtd Avg Shares (Basic) 159,221 166,951 -4.6%
Wtd Avg Shares (Diluted) 160,005 167,659 -4.6%
Brokerage Commissions Revenue 31 30 +3.3%
Interest And Dividend Income Operating 2,609 2,789 -6.5%
Interest Expense Operating 896 1,071 -16.3%
Marketing And Advertising Expense 25 27 -7.4%
Noninterest Expense 1,336 1,297 +3.0%
Occupancy Net 130 125 +4.0%
Other Noninterest Expense 113 116 -2.6%
Professional Fees 86 91 -5.5%
Net Income Loss Available To Common Stockholders Basic 679 626 +8.5%
Interest Income Expense Net 1,713 1,718 -0.3%
Show Business Segments breakouts
All Other Segments · Operating Segments 28 -119 +123.5%
Commercial Bank · Operating Segments 531 553 -4.0%
Institutional Services and Wealth Management · Operating Segments 166 194 -14.4%
Retail Bank · Operating Segments 988 1,090 -9.4%
Show Consolidation Items breakouts
Operating Segments 1,713 1,718 -0.3%
Labor And Related Expense 813 764 +6.4%
Show Business Segments breakouts
All Other Segments · Operating Segments 355 316 +12.3%
Commercial Bank · Operating Segments 150 154 -2.6%
Institutional Services and Wealth Management · Operating Segments 107 103 +3.9%
Retail Bank · Operating Segments 201 191 +5.2%
Show Consolidation Items breakouts
Operating Segments 813 764 +6.4%
Noninterest Income 683 584 +17.0%
Show Business Segments breakouts
All Other Segments · Operating Segments 19 9 +111.1%
Commercial Bank · Operating Segments 205 164 +25.0%
Institutional Services and Wealth Management · Operating Segments 225 207 +8.7%
Retail Bank · Operating Segments 234 204 +14.7%
Show Consolidation Items breakouts
Operating Segments 683 584 +17.0%
Preferred Stock Dividends Income Statement Impact -35 -27 -29.6%

Balance Sheet

Balance Sheet
Metric Q2 2025 Q2 2024 YoY
Current Assets
Cash & Cash Equivalents (Q)
Show Fair Value Hierarchy breakouts
Fair Value Inputs Level1 1,985 1,607 +23.5%
Fair Value Inputs Level2 143 171 -16.4%
Show Fair Value By Measurement Basis breakouts
Carrying Reported Amount Fair Value Disclosure 2,128 1,778 +19.7%
Estimate Of Fair Value Fair Value Disclosure 2,128 1,778 +19.7%
Non-Current Assets
Property, Plant & Equipment 1,646 1,719 -4.2%
Goodwill 8,465 8,465 0.0%
Intangible Assets 84 119 -29.4%
Total Assets 211,584 208,855 +1.3%
Show Consolidated Entities breakouts
Variable Interest Entity Primary Beneficiary 10.7 9.5 +12.6%
Non-Current Liabilities
Long-Term Debt 12,380
Show Fair Value Hierarchy breakouts
Fair Value Inputs Level2 12,552
Show Fair Value By Measurement Basis breakouts
Carrying Reported Amount Fair Value Disclosure 12,380
Estimate Of Fair Value Fair Value Disclosure 12,552
Total Liabilities 183,059 180,431 +1.5%
Stockholders' Equity
Common Stock 90 90 0.0%
Additional Paid-In Capital 9,981 9,976 +0.1%
Retained Earnings 19,870 18,211 +9.1%
Accumulated Other Comprehensive Income 215 -551 +139.0%
Total Stockholders' Equity 28,525 28,424 +0.4%
Show Equity Components breakouts
Accumulated Defined Benefit Plans Adjustment 95
Accumulated Gain Loss Net Cash Flow Hedge Parent 63
Accumulated Net Unrealized Investment Gain Loss 61
Accumulated Other Comprehensive Income 215 -551 +139.0%
Additional Paid In Capital 9,981 9,976 +0.1%
Common Stock 90 90 0.0%
Common Stock Issuable 1 1 0.0%
Other -4
Preferred Stock 2,394 2,744 -12.8%
Retained Earnings 19,870 18,211 +9.1%
Treasury Stock Common -4,026 -2,047 -96.7%
Total Liabilities & Equity 211,584 208,855 +1.3%

Cash Flow Statement

Cash Flow Statement
Metric YTD Q2 2025 YTD Q2 2024 YoY
Operating Activities
Depreciation & Amortization 164 159 +3.1%
Show Business Segments breakouts
All Other Segments · Operating Segments 107 105 +1.9%
Commercial Bank · Operating Segments 21 19 +10.5%
Institutional Services and Wealth Management · Operating Segments 4 5 -20.0%
Retail Bank · Operating Segments 122 128 -4.7%
Show Consolidation Items breakouts
Operating Segments 254 257 -1.2%
Deferred Income Taxes -22 -14 -57.1%
Net Cash from Operations 1,479 1,962 -24.6%
Investing Activities
Purchases of Investments -4,472 -7,200 +37.9%
Other Investing Activities 219 -384 +157.0%
Net Cash from Investing -2,985 -1,457 -104.9%
Financing Activities
Share Repurchases -1,725
Net Cash from Financing 1,725 -458 +476.6%
Supplemental
Income Taxes Paid 150 106 +41.5%
Interest Paid 1,744 2,115 -17.5%

Values in millions USD. Source: SEC EDGAR 10-Q filing.

This table is rendered from the same JSON returned by /api/financials.

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