M&T Bank Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	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	16,138	18,769	20,782	1,731	1,520	1,338
Investment Securities	9,016	11,903	13,847	42,035	37,369	43,144
Trading Asset Securities	448	342	356	408	530	471.2
Mortgage-Backed Securities	30,846	26,713	21,760	14,392	12,801	5,884
Total Investments	40,310	38,958	35,963	56,835	50,700	49,499
Gross Loans	144,756	137,777	135,060	134,068	131,911	92,238
Allowance for Loan Losses	-2,179	-2,116	-2,184	-2,129	-1,925	-1,469
Other Adjustments to Gross Loans	-	-	-	-	-510	-224.23
Net Loans	142,577	135,661	132,876	131,939	129,476	90,544
Property, Plant & Equipment	1,711	1,813	1,909	1,939	1,654	1,145
Goodwill	8,465	8,465	8,465	8,465	8,490	4,593
Other Intangible Assets	41	64	94	147	209	4
Loans Held for Sale	696	925	521	-	163	899
Accrued Interest Receivable	9,746	8,310	6,877	6,478	646	335.16
Other Receivables	78	75	72	68	74	68
Other Current Assets	-	-	-	22	23	21
Other Real Estate Owned & Foreclosed	28	35	35	39	41	23.9
Other Long-Term Assets	720	435	511	601	7,734	6,637
Total Assets	220,510	213,510	208,105	208,264	200,730	155,107

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	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
Interest Bearing Deposits	119,591	117,645	112,275	113,980	98,013	71,412
Institutional Deposits	3,100	2,755	2,800	-	-	-
Non-Interest Bearing Deposits	44,819	46,509	46,020	49,294	65,502	60,131
Total Deposits	167,510	166,909	161,095	163,274	163,515	131,543
Short-Term Borrowings	7,312	2,603	1,882	6,259	4,910	140.89
Current Portion of Long-Term Debt	-	-	-	-	744	903.86
Current Portion of Leases	-	153	-	-	-	-
Accrued Interest Payable	2,909	2,147	2,032	2,164	81	40.87
Long-Term Debt	13,242	10,505	10,168	7,656	2,685	2,048
Federal Home Loan Bank Debt, Long-Term	2	3	2,004	5	-	1.58
Long-Term Leases	-	499	677	717	709	431
Trust Preferred Securities	404	403	433	540	536	531.68
Long-Term Unearned Revenue	54	54	57	54	48	45
Other Long-Term Liabilities	918	1,057	730	638	2,184	1,517
Total Liabilities	192,351	184,333	179,078	181,307	175,412	137,204

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	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
Preferred Stock, Redeemable	3,017	2,834	2,394	2,011	2,011	1,750
Common Stock	90	90	90	90	90	79.87
Additional Paid-In Capital	9,984	10,011	9,999	10,020	10,002	6,635
Retained Earnings	22,554	20,882	19,079	17,524	15,754	14,646
Treasury Stock	-6,806	-4,917	-2,371	-2,230	-1,750	-5,082
Comprehensive Income & Other	-680	277	-164	-458	-789	-126.37
Total Common Equity	25,142	26,343	26,633	24,946	23,307	16,153
Shareholders' Equity	28,159	29,177	29,027	26,957	25,318	17,903
Total Liabilities & Equity	220,510	213,510	208,105	208,264	200,730	155,107

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	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
Total Debt	20,960	14,166	15,164	15,177	9,584	4,057
Net Cash (Debt)	-4,374	4,945	5,974	15,031	17,425	39,624
Net Cash Growth	-	-17.22%	-60.26%	-13.74%	-56.02%	86.34%
Net Cash Per Share	-29.37	31.14	35.70	90.00	106.23	307.61
Filing Date Shares Outstanding	143.43	149	164.33	166.62	167.79	129.03
Total Common Shares Outstanding	143.71	151.83	165.51	166.14	169.27	128.71
Book Value Per Share	174.96	173.50	160.91	150.15	137.69	125.51
Tangible Book Value	16,636	17,814	18,074	16,334	14,608	11,556
Tangible Book Value Per Share	115.76	117.33	109.20	98.32	86.30	89.79

SEC Filings: 10-K · 10-Q