MTB · 10-K filed 18 Feb 2026 · year to 31 Dec 2025

M&T Bank

21 named things its latest annual report says its results depend on, each in the company's own words. 17 of them are also named by other companies we've read.

Read the filing on SEC.gov ↗

Suppliers

Cloud service providers

depends onnamed as a risk

The Company, as well as third parties with which the Company does business, has expanded the use of cloud service providers, which could experience system breakdowns or failures, outages, downtime, cyber attacks, negative changes to financial condition, bankruptcy, or other adverse conditions, which could have a material adverse effect on the Company’s business and reputation.Risk factors (Item 1A)

Also named by ALLY, BAC, BX, C, EFX, HLT, IDXX, LNC and 5 more

MOVEit (Progress Software Corporation)

depends onnamed as a risk

As reported, this incident resulted in the theft of sensitive data from a large number of organizations, and certain Company customer information in the possession of the Company’s external service providers was compromised in connection with it, while no information was obtained from the Company’s internal systems and these systems were not at risk from the MOVEit incident.Risk factors (Item 1A)

Also named by BPOP

Places

New York

operates in · approximately 47% of employees

That employee base was concentrated in the Northeast and Mid-Atlantic U.S., with approximately 47% of employees residing in New York, followed by approximately 10% in Maryland, 9% in Connecticut, 7% in each of Pennsylvania and Delaware and 12% in other states where M&T Bank operates domestic banking offices.Business (Item 1)

Also named by ABR, AXP, BJ, BPOP, BRO, BWA, CHE, CINF and 12 more

Northeast and Mid-Atlantic United States

concentrated innamed as a risk

Therefore, the Company is, or in the future may be, particularly vulnerable to adverse changes in economic conditions in the Northeast and Mid-Atlantic regions, as well as events particularly affecting those regions.Risk factors (Item 1A)

Also named by CALM, CUBI

Hazards

Floods, hurricanes and extreme weather

operates innamed as a risk

This includes the physical risks resulting from chronic shifts in climate, such as rising average global temperatures, rising sea levels, and acute climate events, such as an increase in the frequency and severity of extreme weather events and natural disasters, including floods, wildfires, hurricanes and tornados.Risk factors (Item 1A)

Commodities and inputs

Commercial real estate

concentrated innamed as a risk

Evolving factors such as the shift to work-from-home or hybrid-work arrangements, changing consumer preferences (including for online shopping), and resulting changes in occupancy rates as a result of these and other trends can also impact such valuations over relatively short periods.Risk factors (Item 1A)

Also named by AFL, APO, AUB, BAC, C, CFR, FSUN, GBCI and 11 more

Regulators

Federal Reserve

subject to · SCB of 2.7%named as a risk

Based on those results and the current rules, on October 1, 2025, M&T's SCB of 2.7% became effective.Business (Item 1)

Also named by AGNC, AUB, AXP, BAC, CASH, COF, DX, EFSC and 24 more

Consumer Financial Protection Bureau (CFPB)

subject to

The CFPB has examination and enforcement authority over all banks and savings institutions with more than $10 billion in assets, including M&T Bank.Business (Item 1)

Also named by ABNB, AFRM, ALLY, AN, AUB, AXP, BAC, CASH and 61 more

Office of the Comptroller of the Currency (OCC)

subject to

It is subject to regulation, examination and oversight by the OCC, which governs many aspects of its operations, including fiduciary activities, capital levels, office locations, dividends and subsidiary activities.Business (Item 1)

Also named by ADP, AMP, AXP, BAC, BLK, C, CASH, CFG and 22 more

New York State Department of Financial Services (NYSDFS)

subject to

As a result, it is subject to extensive regulation, examination and oversight by the NYSDFS and the FRB of New York.Business (Item 1)

Also named by AFL, AIG, AMP, BPOP, COIN, EFX, FNF, GS and 9 more

Laws and programs

FDIC special assessment

subject to · $194 millionnamed as a risk

The Company's total share of the FDIC's special assessment is estimated at $194 million, of which $98 million and $74 million was paid in 2025 and 2024, respectively.Business (Item 1)

Also named by BPOP, CFG, CFR, CUBI, EFSC, EWBC, FCNCA, GBCI and 10 more

GENIUS Act

subject tonamed as a risk

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.Risk factors (Item 1A)

Also named by AUB, C, CFR, COF, COIN, CUBI, EWBC, FCNCA and 15 more

Long-term debt requirement proposal

subject tonamed as a risk

The long-term debt proposal, if adopted, would require the Company to maintain more long-term debt than it does currently, which would likely adversely affect interest expense, net interest income and net interest margin.Risk factors (Item 1A)

Also named by ALLY, CFG, HBAN, KEY, RF, USB

Basel III endgame capital proposal

subject tonamed as a risk

In July 2023, the Federal Reserve, the FDIC and the OCC proposed revisions to the Capital Rules to implement the Basel Committee’s 2017 standards and make other changes to the Capital Rules.Business (Item 1)

Also named by AXP

Orderly Liquidation Fund

subject tonamed as a risk

If an orderly liquidation is triggered, M&T could face assessments for the OLF.Business (Item 1)

Also named by FITB

Federal Reserve supervisory stress tests

subject tonamed as a risk

An increased SCB may restrict M&T’s ability to return capital to shareholders, including through paying dividends, entering into acquisitions or repurchasing its common stock, which in turn could negatively impact market and investor perceptions of M&T.Risk factors (Item 1A)

Federal Reserve Regulation II interchange fees

subject tonamed as a risk

For example, there is litigation pending to challenge the Federal Reserve’s regulation on permissible interchange fees on the grounds that the regulations allow higher interchange fees than permitted by statute, which, if successful, could significantly and adversely affect the fees banks can charge on debit card transactions.Risk factors (Item 1A)

NYSDFS overdraft fee proposal

subject tonamed as a risk

In January 2025, the NYSDFS proposed rules that would limit a New York State-chartered bank’s ability to charge overdraft and insufficient funds fees and returned deposited items fees in certain circumstances and impose on such banks notice and disclosure requirements in connection with those fees.Business (Item 1)

Community Reinvestment Act

subject to

M&T Bank's most recent CRA rating was "Outstanding" from the Federal Reserve.Business (Item 1)

Also named by ALLY, AMP, AUB, CFG, CFR, EFSC, EWBC, FCNCA and 20 more

Dodd-Frank Act enhanced prudential standards (Category IV)

subject to

Under the Tailoring Rules, M&T and its depository institution subsidiaries are subject to Category IV standards, which apply to banking organizations with at least $100 billion in total consolidated assets that do not meet any of the thresholds specified for Categories I through III.Business (Item 1)

Also named by SCHW

NYSDFS cybersecurity regulation

subject to

Financial institutions regulated by the NYSDFS, including M&T Bank, are also subject to NYSDFS regulations on cybersecurity matters, including, among other things, requirements to (i) establish and maintain a cybersecurity program designed to ensure the confidentiality, integrity and availability of their information systems; (ii) implement and maintain a written cybersecurity policy setting forth policies and procedures for the protection of their information systems and nonpublic information; and (iii) designate a CISO.Business (Item 1)

Also named by KKR