---
ticker: MTB
company: M&T Bank Corporation
filing_type: 10-K
year_current: 2026
year_prior: 2025
risks_added: 0
risks_removed: 0
risks_modified: 2
risks_unchanged: 13
source: SEC EDGAR
url: https://riskdiff.com/mtb/2026-vs-2025/
markdown_url: https://riskdiff.com/mtb/2026-vs-2025/index.md
generated: 2026-05-11
---

# M&T Bank Corporation: 10-K Risk Factor Changes 2026 vs 2025

> Source: U.S. Securities and Exchange Commission (EDGAR)  
> Generated: 2026-05-11  
> All data extracted directly from official filings. No hallucinated content.

> **[AI-Generated Summary]** The paragraph below was produced by a language
> model and may contain errors. All other content on this page is deterministically
> extracted from the original SEC filing.

> M&T Bank Corporation modified two risk factor disclosures between the 2025 and 2026 10-K filings: Business Risk and Strategic Risk. The bank maintained 13 unchanged risk factors while adding no new risks and removing no existing risks, indicating a focused refinement of its risk disclosure rather than a broadening or narrowing of overall risk exposure.

---

## Summary

| Status | Count |
|--------|-------|
| New risks added | 0 |
| Risks removed | 0 |
| Risks modified | 2 |
| Unchanged | 13 |

---

## Modified: Business Risk

**Key changes:**

- Reworded sentence: "•The Company's reputation may be harmed, which could negatively impact investor and customer confidence."
- Reworded sentence: "•The Company's assets, communities, operations, reputation and customers could be adversely affected by the impacts of climate-related risk."

**Prior (2025):**

•Changes in accounting standards could impact the Company's reported financial condition and results of operations. •The Company's reported financial condition and results of operations depend on management's selection of accounting methods and require management to make estimates about matters that are uncertain. •The Company's models used for business planning purposes could perform poorly or provide inadequate information. •The Company is exposed to reputational risk which could negatively impact investor and customer confidence. •The Company's framework for managing risks may not be effective. •Pandemics, acts of war or terrorism and other adverse external events could significantly impact the Company's business. •The Company's assets, communities, operations, reputation and customers could be adversely affected by the impacts of climate risk. 24 24 24

**Current (2026):**

•Changes in accounting standards could impact the Company's reported financial condition and results of operations. •The Company's reported financial condition and results of operations depend on management's selection of accounting methods and require management to make estimates about matters that are uncertain. •The Company's models used for business planning purposes could perform poorly or provide inadequate information. •The Company's reputation may be harmed, which could negatively impact investor and customer confidence. •The Company's framework for managing risks may not be effective. •Pandemics, acts of war or terrorism and other adverse external events could significantly impact the Company's business. •The Company's assets, communities, operations, reputation and customers could be adversely affected by the impacts of climate-related risk.

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## Modified: Strategic Risk

**Prior (2025):**

•The financial services industry is highly competitive and creates competitive pressures that could adversely affect the Company's revenue and profitability. •Difficulties in obtaining regulatory approval for acquisitions and in combining the operations of acquired entities with the Company's own operations may prevent M&T from achieving expected benefits from acquisitions. •The Company could suffer if it fails to attract and retain skilled personnel. 23 23 23

**Current (2026):**

•The financial services industry is highly competitive and creates competitive pressures that could adversely affect the Company's revenue and profitability. •Difficulties in obtaining regulatory approval for acquisitions and in combining the operations of acquired entities with the Company's own operations may prevent M&T from achieving expected benefits from acquisitions. •The Company could suffer if it fails to attract and retain skilled personnel. 22 22 22

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*Data sourced from SEC EDGAR. Last updated 2026-05-11.*