Other

Commercial letters of credit

M&T Bank Commercial letters of credit decreased by 26.4% to $53.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric was flat by 0.0%, from $53.00M to $53.00M. Over 2 years (FY 2023 to FY 2025), Commercial letters of credit shows an upward trend with a 7.8% CAGR.

Analysis

StatementBalance Sheet Statement
SectionOther
CategoryMarket Position
SignalContext dependent
VolatilityModerate
First reportedQ4 2023
Last reportedQ1 2026

How to read this metric

Growth in this metric indicates an expanding trade finance business, while a decline may reflect reduced commercial trade activity.

Detailed definition

This metric tracks the bank's contingent obligations to pay a third party on behalf of a commercial client if the client...

Peer comparison

Commonly reported by banks with significant commercial and industrial (C&I) lending portfolios.

Metric ID: other_commitments_regarding_commercial_letters_of_credit

Historical Data

9 periods
 Q4 '23Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$62.00M$74.00M$70.00M$58.00M$53.00M$40.00M$75.00M$72.00M$53.00M
QoQ Change+19.4%-5.4%-17.1%-8.6%-24.5%+87.5%-4.0%-26.4%
YoY Change-6.5%-45.9%+7.1%+24.1%+0.0%
Range$40.00M$75.00M
CAGR-7.5%
Avg YoY Growth-4.2%
Median YoY Growth+0.0%
Current Streak2 quarters decline

Frequently Asked Questions

What is M&T Bank's commercial letters of credit?
M&T Bank (MTB) reported commercial letters of credit of $53.00M in Q1 2026.
How has M&T Bank's commercial letters of credit changed year-over-year?
M&T Bank's commercial letters of credit decreased by 0.0% year-over-year, from $53.00M to $53.00M.
What is the long-term trend for M&T Bank's commercial letters of credit?
Over 2 years (2023 to 2025), M&T Bank's commercial letters of credit has grown at a 7.8% compound annual growth rate (CAGR), from $62.00M to $72.00M.
What does commercial letters of credit mean?
The total value of guarantees the bank has provided to support the trade and payment obligations of its commercial clients.