M&T BANK CORP

For the period ended Sep 30, 2026. Filed Nov 5, 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.

Sep 30, 2026 · Filed Nov 5, 2026

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

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Contents

Consolidated Statement of Income

Consolidated Statement of Income (Unaudited)

	Three Months Ended September 30,		Nine Months Ended September 30,
(Dollars in millions, except per share, shares in thousands)	2026	2025	2026	2025
Interest income
Loans and loans held for sale	$2,117	$2,104	$6,181	$6,164
Investment securities	414	377	1,218	1,047
Deposits at banks	136	198	424	635
Other	—	1	—	3
Total interest income	2,667	2,680	7,823	7,849
Interest expense
Savings and interest-checking deposits	515	589	1,475	1,720
Time deposits	121	119	322	366
Short-term borrowings	52	32	183	101
Long-term borrowings	186	179	506	493
Total interest expense	874	919	2,486	2,680
Net interest income	1,793	1,761	5,337	5,169
Provision for credit losses	135	125	395	380
Net interest income after provision for credit losses	1,658	1,636	4,942	4,789
Other income
Trust and investment services income	230	217	684	643
Mortgage banking revenues	152	147	406	395
Service charges on deposit accounts	109	105	322	307
Card revenues	90	90	257	257
Letter of credit and credit-related fees	46	45	132	132
Capital markets and advisory revenues	32	35	109	89
Gain (loss) on bank investment securities	(1)	1	5	1
Other revenues from operations	85	112	257	222
Total other income	743	752	2,172	2,046
Other expense
Salaries and employee benefits	832	833	2,572	2,533
Outside data processing and software	173	138	471	412
Equipment and net occupancy	131	129	393	391
Professional and other services	97	81	279	251
FDIC assessments	19	13	60	58
Advertising and marketing	29	23	77	70
Amortization of core deposit and other intangible assets	7	10	23	32
Other costs of operations	105	136	305	367
Total other expense	1,393	1,363	4,180	4,114
Income before taxes	1,008	1,025	2,934	2,721
Income taxes	233	233	677	629
Net income	$775	$792	$2,257	$2,092
Net income available to common shareholders
Basic	$732	$754	$2,133	$1,981
Diluted	732	754	2,133	1,981
Net income per common share
Basic	5.08	4.85	14.57	12.41
Diluted	5.04	4.82	14.48	12.34
Average common shares outstanding
Basic	144,184	155,558	146,415	159,631
Diluted	145,174	156,553	147,329	160,503

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.