Below are the financial statements of M&T Bank, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
All figures in millions of USD | 2024 | 2023 |
---|---|---|
Assets | — | — |
Cash and due from banks | 1,909a | 1,731a |
Interest-bearing deposits at banks | 18,873a | 28,069a |
Trading account | 101a | 106a |
Investment securities | — | — |
Available for sale | 18,849a | 10,440a |
Held to maturity | 14,195a | 15,330a |
Equity and other securities | 1,007a | 1,127a |
Total investment securities | 34,051a | 26,897a |
Loans and leases | 135,581a | 134,068a |
Allowance for credit losses | -2,184a | -2,129a |
Net loans and leases | 133,397a | 131,939a |
Premises and equipment | 1,705a | 1,739a |
Goodwill | 8,465a | 8,465a |
Core deposit and other intangible assets | 94a | 147a |
Accrued interest and other assets | 9,510a | 9,171a |
Total assets | 208,105a | 208,264a |
Liabilities | — | — |
Noninterest-bearing deposits | 46,020a | 49,294a |
Savings and interest-checking deposits | 100,599a | 93,221a |
Time deposits | 14,476a | 20,759a |
Total deposits | 161,095a | 163,274a |
Short-term borrowings | 1,060a | 5,316a |
Long-term borrowings | 12,605a | 8,201a |
Accrued interest and other liabilities | 4,318a | 4,516a |
Total liabilities | 179,078a | 181,307a |
Shareholders' equity | — | — |
Preferred stock | 2,394a | 2,011a |
Common stock | 90a | 90a |
Common stock issuable | 1a | 1a |
Additional paid-in capital | 9,998a | 10,020a |
Retained earnings | 19,079a | 17,524a |
Accumulated other comprehensive income (loss), net | -164a | -459a |
Treasury stock - common, at cost | -2,371a | -2,230a |
Total shareholders' equity | 29,027a | 26,957a |
Total liabilities and shareholders' equity | 208,105a | 208,264a |
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