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M&T Bank 8-K Report, Regulation FD Disclosure (Jun 10, 2025)

Reports
Regulation FD·Exhibits & Filings
Filing Date
Filed June 10, 2025
Period End
June 10, 2025
In the record · 2016–202610-K1110-Q338-K161

MTB filed 11 annual reports (10-K), 33 quarterly reports (10-Q) and 161 current reports (8-K) between 2016 and 2026.

  1. Deal closed8-K · Jan ’16Jan ’16
  2. Leadership change8-K · Jun ’22Jun ’22
  3. Leadership change8-K · Jun ’26Jun ’26

01—Abstract

Summary

Summary of the 8-K filed June 10, 2025. Cited figures are marked; the original filing is the authoritative source.

On June 10, 2025, M&T Bank Corporation posted a 2Q 2025 investor update presentation to its Investor Relations website and furnished it under Item 7.01 (Regulation FD Disclosure) as Exhibit 99.1.

The filing states the presentation may be used in conversations with investors and analysts, and that the information is not deemed "filed" for purposes of Section 18 of the Exchange Act. The filing itself contains no new financial results; the substantive content is the presentation's disclosures. The presentation reports 1Q25 net interest income of $1,707 milliona, fee income of $611 million, and PPNR of $891 million, with a 1Q25 net operating ROTA of 1.21% and a net charge-off ratio of 0.34%.

For 2025, management outlines taxable-equivalent net interest income of $7.05 billion to $7.15 billionb, fee income of $2.5 billion to $2.6 billion, GAAP expenses of $5.4 billion to $5.5 billion, and net charge-offs of approximately 40 basis points of average loans. It also targets a CET1 ratio of approximately 11% in 2025, with share repurchase flexibility depending on RWA trends. 2Q25 trends are described as sequentially higher NII and NIM and sequentially lower expenses, mostly from lower seasonal compensation.

Credit and capital metrics were stable as of 1Q25: nonaccrual loans declined to $1,540 millionc from $2,302 million a year earlier, criticized C&I and CRE loans fell by $516 million quarter over quarter, and the CET1 ratio was 11.50%. Investors should note the presentation's forward-looking statement caveats and its non-GAAP reconciliations in the appendices.

02—Key points

Key Highlights

  1. Filing type: Form 8-K under Item 7.01 (Regulation FD) furnishing a 2Q 2025 investor presentation dated June 10, 2025; no new financial results are reported in the filing text.
  2. 2025 outlook: taxable-equivalent NII of $7.05 billion to $7.15 billion with NIM in the mid to high 3.60s; fee income of $2.5 billion to $2.6 billion; GAAP expense of $5.4 billion to $5.5 billion.
  3. Credit: full-year 2025 net charge-offs expected at approximately 40 basis points of average loans; 1Q25 nonaccrual loans were $1,540 million versus $2,302 million in 1Q24.
  4. Capital: CET1 ratio of 11.50% at 1Q25 with a target of approximately 11% in 2025, and share repurchase flexibility depending on RWA trends; M&T elected to opt into the 2025 Stress Test.
  5. Profitability: 1Q25 net operating ROTA of 1.21% and PPNR of $891 million; the presentation cites an 18 to 30 basis point ROTA advantage versus the peer median over 5, 10 and 20 years.
  6. Deposits and funding: 1Q25 average deposits of $161 billion, with a total cost of deposits of 1.38% versus a 1.63% peer median.
  7. Criticized C&I and CRE loans decreased $516 million quarter over quarter to $9.4 billion, or 10.9% of C&I and CRE loans, with CRE criticized down $667 million.

03—Questions

Frequently Asked Questions

  1. Does this 8-K report new quarterly earnings results?

    No. The filing furnishes an investor presentation posted on June 10, 2025 under Item 7.01 (Regulation FD Disclosure). The presentation includes 1Q25 figures and 2025 outlook ranges, but the filing itself states no new earnings results.

  2. What guidance did M&T give for 2025?

    The presentation outlines taxable-equivalent net interest income of $7.05 billion to $7.15 billion with NIM in the mid to high 3.60s, fee income of $2.5 billion to $2.6 billion, GAAP expense of $5.4 billion to $5.5 billion including intangible amortization, net charge-offs of approximately 40 basis points, a taxable-equivalent tax rate of approximately 24.5%, average loans of $135 billion to $137 billion, and average deposits of $162 billion to $164 billion.

  3. What does M&T say about capital and share repurchases?

    M&T targets a CET1 ratio of approximately 11% in 2025 and is executing 2Q repurchases toward that level. Repurchase flexibility depends on loan growth and RWA trends. The 1Q25 CET1 ratio was 11.50%, and the presentation says AOCI would have a positive 6 basis point impact on CET1 under the proposal.

  4. How are credit quality trends described?

    The presentation reports 1Q25 net charge-offs of $114 million (0.34% of loans) and nonaccrual loans of $1,540 million (1.14%), both improved from 1Q24. Criticized C&I and CRE loans fell $516 million quarter over quarter, and management expects continued improvement in criticized loans. Net charge-offs are expected to be lumpy quarter to quarter.

  5. What is the status of the presentation's use and legal status?

    The presentation was posted to M&T's Investor Relations website at ir.mtb.com/events-presentations and may be used in investor and analyst conversations. Under the filing's terms, the 8-K and Exhibit 99.1 are not deemed filed for purposes of Section 18 of the Exchange Act and are not incorporated by reference into other filings unless specifically stated. The presentation also contains forward-looking statements and non-GAAP measures, with reconciliations in the appendices.

04—Continue

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