M&T Bank Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	1,701	1,909	1,731	1,520	1,338
Investment Securities	53,717	32,720	42,035	37,369	43,144
Trading Asset Securities	97	334	408	530	471.2
Mortgage-Backed Securities	-	21,760	14,392	12,801	5,884
Total Investments	53,814	54,814	56,835	50,700	49,499
Gross Loans	138,702	135,581	134,068	131,911	92,238
Allowance for Loan Losses	-2,116	-2,184	-2,129	-1,925	-1,469
Other Adjustments to Gross Loans	-	-	-	-510	-224.23
Net Loans	136,586	133,397	131,939	129,476	90,544
Property, Plant & Equipment	-	1,705	1,739	1,654	1,145
Goodwill	8,465	8,465	8,465	8,490	4,593
Other Intangible Assets	64	94	147	209	4
Loans Held for Sale	-	-	-	163	899
Accrued Interest Receivable	-	6,751	6,607	646	335.16
Other Receivables	-	72	68	74	68
Other Current Assets	-	22	22	23	21
Other Real Estate Owned & Foreclosed	35	35	39	41	23.9
Other Long-Term Assets	12,845	841	672	7,734	6,637
Total Assets	213,510	208,105	208,264	200,730	155,107
Interest Bearing Deposits	120,400	112,255	113,980	98,013	71,412
Institutional Deposits	-	2,820	-	-	-
Non-Interest Bearing Deposits	46,509	46,020	49,294	65,502	60,131
Total Deposits	166,909	161,095	163,274	163,515	131,543
Short-Term Borrowings	2,149	1,882	6,259	4,910	140.89
Current Portion of Long-Term Debt	-	-	-	744	903.86
Current Portion of Leases	-	160	-	-	-
Accrued Interest Payable	4,364	2,092	2,164	81	40.87
Long-Term Debt	10,911	10,168	7,656	2,685	2,048
Federal Home Loan Bank Debt, Long-Term	-	2,004	5	-	1.58
Long-Term Leases	-	517	717	709	431
Trust Preferred Securities	-	433	540	536	531.68
Long-Term Unearned Revenue	-	57	54	48	45
Other Long-Term Liabilities	-	670	638	2,184	1,517
Total Liabilities	184,333	179,078	181,307	175,412	137,204
Preferred Stock, Redeemable	2,834	2,394	2,011	2,011	1,750
Common Stock	26,343	90	90	90	79.87
Additional Paid-In Capital	-	9,998	10,020	10,002	6,635
Retained Earnings	-	19,079	17,524	15,754	14,646
Treasury Stock	-	-2,371	-2,230	-1,750	-5,082
Comprehensive Income & Other	-	-163	-458	-789	-126.37
Total Common Equity	26,343	26,633	24,946	23,307	16,153
Shareholders' Equity	29,177	29,027	26,957	25,318	17,903
Total Liabilities & Equity	213,510	208,105	208,264	200,730	155,107
Total Debt	13,060	15,164	15,177	9,584	4,057
Net Cash (Debt)	5,806	5,952	15,031	17,425	39,624
Net Cash Growth	-2.45%	-60.40%	-13.74%	-56.02%	86.34%
Net Cash Per Share	36.56	35.57	90.00	106.23	307.61
Filing Date Shares Outstanding	151.84	164.33	166.62	167.79	129.03
Total Common Shares Outstanding	151.84	165.51	166.14	169.27	128.71
Book Value Per Share	173.49	160.91	150.15	137.69	125.51
Tangible Book Value	17,814	18,074	16,334	14,608	11,556
Tangible Book Value Per Share	117.32	109.20	98.32	86.30	89.79

Source: S&P Global Market Intelligence. Banks template. Financial Sources.