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Regulatory matters (Tables)
12 Months Ended
Dec. 31, 2023
Broker-Dealer, Net Capital Requirement, SEC Regulation [Abstract]  
Summary of Required Minimum and Well Capitalized Capital Ratios Pursuant to the rules in effect as of December 31, 2023, the required minimum and well capitalized capital ratios are as follows:

 

 

 

 

 

 

Well

 

Minimum

 

Capitalized

M&T (Consolidated)

 

 

 

 

 

 

 

 

 

CET1 to RWA

 

 

4.5

%

 

 

 

 

 

 

Tier 1 capital to RWA

 

 

6.0

 

 

 

 

 

6.0

%

 

Total capital to RWA

 

 

8.0

 

 

 

 

 

10.0

 

 

Leverage — Tier 1 capital to average total assets, as defined

 

 

4.0

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Well

 

Minimum

 

Capitalized

Bank Subsidiaries

 

 

 

 

 

 

 

 

 

CET1 to RWA

 

 

4.5

%

 

 

 

 

6.5

%

 

Tier 1 capital to RWA

 

 

6.0

 

 

 

 

 

8.0

 

 

Total capital to RWA

 

 

8.0

 

 

 

 

 

10.0

 

 

Leverage — Tier 1 capital to average total assets, as defined

 

 

4.0

 

 

 

 

 

5.0

 

 

Capital Ratios and Amounts of Company and its Banking Subsidiaries

The capital ratios and amounts of the Company and its banking subsidiaries as of December 31, 2023 and 2022 are presented below:

(Dollars in millions)

 

M&T
(Consolidated)

 

 

M&T Bank

 

 

Wilmington
Trust, N.A.

 

December 31, 2023:

 

 

 

 

 

 

 

 

 

CET1 capital

 

 

 

 

 

 

 

 

 

Amount

 

$

16,908

 

 

$

17,667

 

 

$

583

 

Ratio(a)

 

 

10.98

%

 

 

11.53

%

 

 

263.48

%

Tier 1 capital

 

 

 

 

 

 

 

 

 

Amount

 

$

18,918

 

 

$

17,667

 

 

$

583

 

Ratio(a)

 

 

12.29

%

 

 

11.53

%

 

 

263.48

%

Total capital

 

 

 

 

 

 

 

 

 

Amount

 

$

21,533

 

 

$

19,884

 

 

$

584

 

Ratio(a)

 

 

13.99

%

 

 

12.97

%

 

 

263.85

%

Leverage

 

 

 

 

 

 

 

 

 

Amount

 

$

18,918

 

 

$

17,667

 

 

$

583

 

Ratio(b)

 

 

9.43

%

 

 

8.83

%

 

 

86.00

%

December 31, 2022:

 

 

 

 

 

 

 

 

 

CET1 capital

 

 

 

 

 

 

 

 

 

Amount

 

$

15,562

 

 

$

16,674

 

 

$

586

 

Ratio(a)

 

 

10.44

%

 

 

11.23

%

 

 

254.50

%

Tier 1 capital

 

 

 

 

 

 

 

 

 

Amount

 

$

17,573

 

 

$

16,674

 

 

$

586

 

Ratio(a)

 

 

11.79

%

 

 

11.23

%

 

 

254.50

%

Total capital

 

 

 

 

 

 

 

 

 

Amount

 

$

20,260

 

 

$

18,888

 

 

$

587

 

Ratio(a)

 

 

13.60

%

 

 

12.72

%

 

 

254.90

%

Leverage

 

 

 

 

 

 

 

 

 

Amount

 

$

17,573

 

 

$

16,674

 

 

$

586

 

Ratio(b)

 

 

9.23

%

 

 

8.77

%

 

 

85.73

%

 

(a)
The ratio of capital to RWA, as defined by regulation.
(b)
The ratio of capital to average assets, as defined by regulation.