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Borrowings (Tables) | 6 Months Ended
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Jun. 30, 2026
Debt Disclosure [Abstract] |
Schedule of Borrowings | The following table summarizes the Company's short-term and long-term borrowings at June 30, 2026 and December 31, 2025.
(Dollars in millions) | June 30, 2026 |  | December 31, 2025
Short-term borrowings |  |  |
Repurchase agreements | $ | 64 |  |  | $ | 49 |
Advances from FHLB | 4,550 |  |  | 2,100 |
Total short-term borrowings | $ | 4,614 |  |  | $ | 2,149 |
Long-term borrowings |  |  |
Senior notes — M&T | $ | 5,497 |  |  | $ | 5,583 |
Senior notes — M&T Bank | 3,142 |  |  | 1,946 |
Advances from FHLB | 3 |  |  | 3 |
Subordinated notes — M&T | 1,245 |  |  | 747 |
Subordinated notes — M&T Bank | 489 |  |  | 489 |
Junior subordinated debentures — M&T (a) | 403 |  |  | 403 |
Asset-backed notes (a) | 2,779 |  |  | 1,730 |
Other | 10 |  |  | 10 |
Total long-term borrowings | $ | 13,568 |  |  | $ | 10,911 |
__________________________________________________________________________________ (a) Further information about Junior Subordinated Debentures and asset-backed note financing transactions is provided in note 12. Information about the asset-backed notes issued to investors and the respective special purpose trust at June 30, 2026 and December 31, 2025 are included in the following table.
| (Dollars in millions) |  |  |  | June 30, 2026 |  | December 31, 2025
| Issue Date |  | Collateral Type |  | Remaining Loan Collateral Balance |  | Asset-Backed Notes to Investors |  | Weighted-Average Life (In years) |  | Weighted-Average Rate |  | Remaining Loan Collateral Balance |  | Asset-Backed Notes to Investors
| August 2023 |  | Equipment finance loans and leases |  | $ | 177 |  |  | $ | 78 |  |  | 0.4 |  | 5.74 | % |  | $ | 244 |  |  | $ | 141 |
| March 2024 |  | Automobile loans |  | 197 |  |  | 183 |  |  | 1.0 |  | 5.20 |  |  | 252 |  | 239
| August 2024 |  | Equipment finance loans and leases |  | 383 |  |  | 315 |  |  | 1.1 |  | 4.82 |  |  | 483 |  | 396
| February 2025 |  | Automobile loans |  | 424 |  |  | 407 |  |  | 1.2 |  | 4.71 |  |  | 529 |  |  | 513 |
| May 2025 |  | Equipment finance loans and leases |  | 461 |  |  | 373 |  |  | 1.5 |  | 4.77 |  |  | 546 |  |  | 441 |
| February 2026 |  | Recreational finance loans |  | 514 |  |  | 452 |  |  | 4.6 |  | 4.35 |  |  | — |  |  | — |
| May 2026 |  | Automobile loans |  | 976 |  |  | 971 |  |  | 1.6 |  | 4.43 |  |  | — |  |  | — |
|  |  |  |  |  |  | $ | 2,779 |  |  |  |  |  |  |  |  | $ | 1,730 |

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- Definition Tabular disclosure of information pertaining to short-term and long-debt instruments or arrangements, including but not limited to identification of terms, features, collateral requirements and other information necessary to a fair presentation. + References No definition available. + Details
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