v3.26.1
Schedule H, Line 4i – Schedule of Assets (Held At End of Year)
 12 Months Ended
Dec. 31, 2025
EBP 004  
EBP, Schedule of Asset Held for Investment [Line Items]  
Schedule H, Line 4i – Schedule of Assets (Held At End of Year) M&T BANK CORPORATION RETIREMENT SAVINGS PLAN
EIN 16-0538020 Plan 004
Schedule H, Line 4i – Schedule of Assets (Held at End of Year) as of December 31, 2025
a.)b.) Identity of issue, borrower, lessor, or similar partyc.) Description of investmentd.) Coste.) Current Value
(in thousands)
*M&T Bank Corporation Common Stock**$447,557 
Meridian Small Cap Growth Fund InstitutionalMutual fund investment**$46,028 
*T. Rowe Price Associates, Inc. Retirement 2010 Fund - Class ECommon trust fund**$34,972 
*T. Rowe Price Associates, Inc. Retirement 2015 Fund - Class ECommon trust fund**36,393 
*T. Rowe Price Associates, Inc. Retirement 2020 Fund - Class ECommon trust fund**168,074 
*T. Rowe Price Associates, Inc. Retirement 2025 Fund - Class ECommon trust fund**279,967 
*T. Rowe Price Associates, Inc. Retirement 2030 Fund - Class ECommon trust fund**550,813 
*T. Rowe Price Associates, Inc. Retirement 2035 Fund - Class ECommon trust fund**333,401 
*T. Rowe Price Associates, Inc. Retirement 2040 Fund - Class ECommon trust fund**504,513 
*T. Rowe Price Associates, Inc. Retirement 2045 Fund - Class ECommon trust fund**262,420 
*T. Rowe Price Associates, Inc. Retirement 2050 Fund - Class ECommon trust fund**215,819 
*T. Rowe Price Associates, Inc. Retirement 2055 Fund - Class ECommon trust fund**167,691 
*T. Rowe Price Associates, Inc. Retirement 2060 Fund - Class ECommon trust fund**109,134 
*T. Rowe Price Associates, Inc. Retirement 2065 Fund - Class ECommon trust fund**38,585 
*T. Rowe Price Associates, Inc. Retirement 2070 Fund - Class ECommon trust fund**36 
*T. Rowe Price Associates, Inc. Retirement Balanced Fund - Class ECommon trust fund**29,142 
*T. Rowe Price Associates, Inc. Growth Stock Trust ECommon trust fund**446,831 
*T. Rowe Price Associates, Inc. Small-Cap Value Equity Trust DCommon trust fund**116,238 
Diamond Hill Large Cap Portfolio R2Common trust fund**90,700 
Metropolitan West Total Return Bond Fund CCommon trust fund**104,745 
The Vanguard Group, Inc. Institutional International Market IndexCommon trust fund**239,535 
The Vanguard Group, Inc. Institutional Bond Market Index CCommon trust fund**89,286 
The Vanguard Group, Inc. Institutional Extended Market Index CCommon trust fund**251,784 
The Vanguard Group, Inc. Institutional 500 Index Trust CCommon trust fund**836,769 
$4,906,848 
*T. Rowe Price Associates, Inc. Stable Value Income FundStable value fund***321,760 
Total investments$5,722,193 
*Participant Loans Receivable
4.25% to 9.50%, fully secured by vested benefits, with maturities through 2037
**$47,880 
*Indicates that the identity of the party involved is a party-in-interest as defined in the Employee Retirement Income Security Act of 1974.
**All investments are participant directed; therefore, cost value of the investment has been omitted from Schedule H, Line 4i.
***Investments are participant directed; fully benefit-responsive investment contracts.