M&T BANK CORP

For the period ended Jun 30, 2026. Filed Aug 4, 2026.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Jun 30, 2026 · Filed Aug 4, 2026

MTB$220.61-1.0%Stored close · as of Nov 10, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

See the whole filing, with its images and exhibits

Contents

Consolidated Statement of Income

Consolidated Statement of Income (Unaudited)

	Three Months Ended June 30,		Six Months Ended June 30,
(Dollars in millions, except per share, shares in thousands)	2026	2025	2026	2025
Interest income
Loans	$2,070	$2,054	$4,064	$4,060
Investment securities	411	334	804	670
Deposits at banks	139	219	288	437
Other	—	2	—	2
Total interest income	2,620	2,609	5,156	5,169
Interest expense
Savings and interest-checking deposits	477	579	960	1,131
Time deposits	104	123	201	247
Short-term borrowings	77	37	131	69
Long-term borrowings	170	157	320	314
Total interest expense	828	896	1,612	1,761
Net interest income	1,792	1,713	3,544	3,408
Provision for credit losses	120	125	260	255
Net interest income after provision for credit losses	1,672	1,588	3,284	3,153
Other income
Mortgage banking revenues	127	130	254	248
Service charges on deposit accounts	144	137	283	270
Trust income	197	182	380	359
Brokerage services income	35	31	70	63
Trading account and other non-hedging derivative gains	22	12	36	21
Gain (loss) on bank investment securities	2	—	6	—
Other revenues from operations	213	191	400	333
Total other income	740	683	1,429	1,294
Other expense
Salaries and employee benefits	826	813	1,740	1,700
Equipment and net occupancy	129	130	262	262
Outside data processing and software	154	138	298	274
Professional and other services	89	86	182	170
FDIC assessments	18	22	41	45
Advertising and marketing	27	25	48	47
Amortization of core deposit and other intangible assets	7	9	16	22
Other costs of operations	99	113	200	231
Total other expense	1,349	1,336	2,787	2,751
Income before taxes	1,063	935	1,926	1,696
Income taxes	245	219	444	396
Net income	$818	$716	$1,482	$1,300
Net income available to common shareholders
Basic	$781	$679	$1,401	$1,226
Diluted	781	679	1,401	1,226
Net income per common share
Basic	5.35	4.26	9.49	7.58
Diluted	5.32	4.24	9.44	7.55
Average common shares outstanding
Basic	145,891	159,221	147,549	161,701
Diluted	146,758	160,005	148,424	162,511

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.