Borrowings (Tables)

6 Months Ended

Jun. 30, 2024

Debt Disclosure [Abstract]

Schedule of Borrowings

(Dollars in millions)	June 30, 2024		December 31, 2023
Short-term borrowings
Federal funds purchased and repurchase agreements	$	264	$	316
FHLB advances	4,500		5,000
Total short-term borrowings	$	4,764	$	5,316
Long-term borrowings
Senior notes — M&T	$	3,256	$	2,482
Senior notes — M&T Bank	3,743		3,741
FHLB advances	2,005		5
Subordinated notes — M&T	75		76
Subordinated notes — M&T Bank	867		873
Junior subordinated debentures — M&T	541		540
Asset-backed notes	822		474
Other	10		10
Total long-term borrowings	$	11,319	$	8,201