MTBM&T Bank
M&T is a New York business corporation that has elected to be treated as an FHC under the BHCA and is a BHC under Article III-A of the New York Banking Law. 10-K, Item 1
- Headquarters
- Buffalo, NY
- CEO
- Rene F. Jones
- Next results
- around Jan 15, 2027
2 paragraphs in Risk Factors of the 10-K filed Feb 18, 2026 with nothing like them in the 10-K filed Feb 19, 2025. Quoted exactly. Paragraphs that were only edited are under 10-K change.
Compared with the Risk Factors in the latest 10-K of the other 75 Financials companies: a paragraph with at least half its words the same at another company is called similar, and the companies are listed under it. A paragraph most of them have is marked boilerplate. No line means no other company has one like it. This counts text; it does not say how serious a risk is.
enforcement actions in connection with the resolution of an inquiry or investigation, even if unrelated to the prior enforcement action.
Read in the 10-K ↗
In July 2025 the GENIUS Act, which establishes a regulatory framework for “payment stablecoins” and their issuers, was signed into law. Consumers and businesses may view payment stablecoins as a substitute for traditional bank deposits, which could result in reduced levels of deposits in the banking system. Depending on consumer and business interest in payment stablecoins, and the characteristics and utility of payment stablecoins, the passage of the GENIUS Act could result in increased competition with respect to M&T’s bank subsidiaries’ deposit products. However, the GENIUS Act requires the U.S. Treasury Department and federal and state regulators to issue regulations on numerous topics to interpret and implement the statute, so the effect of the GENIUS Act will depend on what those regulations provide.
Read in the 10-K ↗
New in the latest 10-Q
13 paragraphs in the 10-Q filed Nov 5, 2026 with nothing like them in the 10-Q filed Aug 4, 2026 (at least half the words must differ; new numbers alone do not count). Quoted exactly, grouped by the item heading above them. This is text that changed, not a judgement of how serious it is.
Financial statements and notes
Effective for the third quarter of 2026, the Company made certain changes and reclassifications to its Consolidated Statement of Income and began separately presenting loans held for sale from loans held for investment in its Consolidated Balance Sheet. A description of the changes and reclassifications to the Company's Consolidated Statement of Income follows.
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• Trust and investment services income is primarily comprised of Trust income and Brokerage services income, which were previously reported as separate Other income categories.
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• Letter of credit and credit-related fees were previously included in Other revenues from operations.
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• Capital markets and advisory revenues include a former category, Trading account and other non-hedging derivative gains, as well as loan syndication, underwriting and advisory fees previously included in Other revenues from operations.
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• Other revenues from operations continues to include bank owned life insurance revenue, equipment operating lease income, distributions from M&T's investment in BLG and other fees and revenues.
Read in the 10-Q ↗
(a) Loans held for sale for which the fair value option has been elected had outstanding principal balances of $ 506 million at September 30, 2026. The net unrealized losses related to fair value changes of those loans included in Mortgage banking revenues for the three-month period ended September 30, 2026 were $ 13 million.
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During the third quarter of 2026, the Company modified its internal management reporting structure to reflect organizational changes as follows.
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• Certain tax credit investment and community lending activities were transferred from the All Other category to the Commercial Bank segment.
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• Certain enterprise-wide support functions were transferred from the Retail Bank segment to the All Other category.
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Prior period segment information has been recast to conform to the current presentation.
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As reported on M&T's Form 8-K filed on September 28, 2026, effective for the third quarter of 2026, M&T made certain changes and reclassifications to other income categories presented in its Consolidated Statement of Income. All periods presented herein reflect these changes.
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As described in note 15 of Notes to Financial Statements, during the third quarter of 2026 the Company modified its internal management reporting structure to reflect certain organizational changes. Prior period segment information has been recast to conform to the current presentation.
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• Noninterest income decreased $2 million reflecting lower capital market and advisory revenues, partially offset by higher card revenues and other revenues from operations.
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The 10-Q's risk factors against the 10-K
Item 1A of the 10-Q filed Nov 5, 2026 against Item 1A of the 10-K filed Feb 18, 2026.
A 10-Q repeats only the risks that changed, so a 10-K paragraph that is missing from it is not counted as removed.
Added is a paragraph with nothing like it in the 10-K, Reworded a sentence that is in both with several words changed,
Quiet changes a sentence in both where one to four words changed and one is a hedge or a modal
(cut words struck through, new words highlighted and underlined).
Text on the page, not a score; each links to the filing at sec.gov.
What the 10-Q itself says about its risk factors:
Read in the 10-Q ↗
There have been no material changes in risk factors relating to the Company to those disclosed in response to Part I, Item 1A of M&T's 2025 Annual Report.
1 paragraph in the 10-Q's Item 1A, and none of them adds, rewords or quietly edits a paragraph of the 10-K's.
Work on MTB in a spreadsheet:
Excel workbook (a sheet per section, ten years by column, charts, links to the filings) ·
CSV.
For a Google Sheet that stays up to date, paste =IMPORTDATA("https://tickdelta.com/company/MTB/export.csv") into a cell.