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<!-- DFIN New ActiveDisclosure (SM) XBRL Linkbase Document - http://www.dfinsolutions.com/ -->
<!-- Creation Date :2022-11-07T12:18:49.6078+00:00 -->
<!-- Copyright (c) 2022 Donnelly Financial Solutions, Inc. All Rights Reserved. -->
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    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_NetIncreaseDecreaseInShortTermBorrowings_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Net increase (decrease) in short-term borrowings</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RealEstateLoanMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Real Estate Loan [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RealEstateLoanMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Commercial Real Estate Loans [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_PercentageOfLoansInTheProcessOfForeclosureServicedByOtherEntitiesClassifiedAsGovernmentGuaranteed_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Percentage of loans in the process of foreclosure, serviced by other entities, classified as government guaranteed.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_PercentageOfLoansInTheProcessOfForeclosureServicedByOtherEntitiesClassifiedAsGovernmentGuaranteed_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Percentage Of Loans In The Process Of Foreclosure Serviced By Other Entities Classified As Government Guaranteed</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_PercentageOfLoansInTheProcessOfForeclosureServicedByOtherEntitiesClassifiedAsGovernmentGuaranteed_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Percentage loans in the process of foreclosure, serviced by other entities, classified as government guaranteed</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Defined benefit plans liability adjustments</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Other Comprehensive (Income) Loss, Defined Benefit Plan, after Reclassification Adjustment, after Tax, Total</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_GainLossOnSaleOfPropertiesPreTax_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Gain (loss) on sale of subsidiary, pre-tax</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_GainLossOnSaleOfPropertiesPreTax_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Gain Loss On Sale Of Properties Pre Tax</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_GainLossOnSaleOfPropertiesPreTax_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Gain loss on sale of properties pre tax.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SubsequentEventTypeDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Subsequent Event Type [Domain]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SubsequentEventTypeDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Subsequent Event Type</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ShortTermBorrowings_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Short Term Borrowings</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ShortTermBorrowings_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Short-term borrowings</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ShortTermBorrowings_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Short-Term Debt, Total</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NoninterestBearingDepositLiabilitiesDomestic_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Noninterest Bearing Deposit Liabilities Domestic</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NoninterestBearingDepositLiabilitiesDomestic_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Noninterest-bearing deposits</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NoninterestBearingDepositLiabilitiesDomestic_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Noninterest-bearing deposits</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NoninterestBearingDepositLiabilitiesDomestic_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Noninterest-Bearing Deposit Liabilities, Domestic, Total</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ExtinguishmentOfDebtAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Extinguishment Of Debt [Axis]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ExtinguishmentOfDebtAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Extinguishment of Debt</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_WeightedAverageDiscountRatesForFairValueEstimations_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Weighted-average discount rates for fair value estimations.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_WeightedAverageDiscountRatesForFairValueEstimations_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Weighted-average Discount Rates for Fair Value Estimations</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_WeightedAverageDiscountRatesForFairValueEstimations_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Weighted-average discount rates for fair value estimations</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_Goodwill_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Goodwill</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_Goodwill_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Goodwill</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_Goodwill_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Goodwill</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_Goodwill_lbl" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel">Goodwill, Beginning balance</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_Goodwill_lbl" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel">Goodwill, Ending balance</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InterestRateCashFlowHedgeGainLossReclassifiedToEarningsNet_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Interest Rate Cash Flow Hedge Gain (Loss) Reclassified to Earnings, Net</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InterestRateCashFlowHedgeGainLossReclassifiedToEarningsNet_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Cash flow hedges derivative instruments income</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LoansAndLeasesReceivableGrossCarryingAmount_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Loans And Leases Receivable Gross Carrying Amount</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LoansAndLeasesReceivableGrossCarryingAmount_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Loans and leases</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LoansAndLeasesReceivableGrossCarryingAmount_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Commercial loans and leases</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_InvestmentSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">This item represents the fair value of securities that have been in a continuous loss position for twelve months or longer.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_InvestmentSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investment Securities Continuous Unrealized Loss Position Twelve Months Or Longer Fair Value</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_InvestmentSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Total of investment securities, fair value, 12 Months or More</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_ImpairedFinancingReceivableNonaccrualInterestIncome_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Impaired financing receivable nonaccrual interest income.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_ImpairedFinancingReceivableNonaccrualInterestIncome_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Impaired Financing Receivable Nonaccrual Interest Income</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_ImpairedFinancingReceivableNonaccrualInterestIncome_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Interest Income Recognized</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_IncreaseDecreaseInFairValueOfNonrecurringFairValueMeasuredLoansForChargeOffsAndImpairmentReserves_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Increase (decrease) in fair value of nonrecurring fair value measured loans for charge offs and impairment reserve.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_IncreaseDecreaseInFairValueOfNonrecurringFairValueMeasuredLoansForChargeOffsAndImpairmentReserves_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Increase Decrease In Fair Value Of Nonrecurring Fair Value Measured Loans For Charge Offs And Impairment Reserves</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_IncreaseDecreaseInFairValueOfNonrecurringFairValueMeasuredLoansForChargeOffsAndImpairmentReserves_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Change in fair value of nonrecurring fair value measured loans for charge-offs and impairment reserves</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_DocumentQuarterlyReport_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Document Quarterly Report</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_DocumentQuarterlyReport_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Document Quarterly Report</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtInstrumentTable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Schedule of Long-Term Debt Instruments [Table]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InterestAndDividendIncomeOperatingAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Interest And Dividend Income Operating [Abstract]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InterestAndDividendIncomeOperatingAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Interest income</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_CommercialRealEstateSegmentsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Commercial Real Estate Segments [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_CommercialRealEstateSegmentsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Commercial Real Estate Segments [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_CommercialRealEstateSegmentsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Commercial Real Estate [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PaymentsForRepurchaseOfCommonStock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Payments for Repurchase of Common Stock</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PaymentsForRepurchaseOfCommonStock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Purchases of treasury stock</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PaymentsForRepurchaseOfCommonStock_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Purchases of treasury stock</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification Tax</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Accretion of net gain on terminated cash flow hedges, tax</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_EquityMethodInvestments_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Equity Method Investments</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_EquityMethodInvestments_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Carrying value of minority interest investment in Bayview Lending Group LLC</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StatementTable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Statement [Table]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StatementTable_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Statement [Table]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherComprehensiveIncomeLossTax_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Other Comprehensive Income Loss Tax</link:label>
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    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SecuritiesHeldAsCollateralAtFairValue_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Securities Held As Collateral At Fair Value</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SecuritiesHeldAsCollateralAtFairValue_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Pledged securities that can be sold or repledged</link:label>
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    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_ChangesInLevelThreeAssetsAndLiabilitiesMeasuredAtEstimatedFairValueOnRecurringBasisTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Changes In Level Three Assets And Liabilities Measured At Estimated Fair Value On Recurring Basis Table [Text Block]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_ChangesInLevelThreeAssetsAndLiabilitiesMeasuredAtEstimatedFairValueOnRecurringBasisTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Changes In Level Three Assets And Liabilities Measured At Estimated Fair Value On Recurring Basis Table Text Block</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherPostretirementBenefitPlansDefinedBenefitMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Other Postretirement Benefit Plans Defined Benefit [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherPostretirementBenefitPlansDefinedBenefitMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Other Postretirement Benefits [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LiabilitiesAssumed1_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Liabilities Assumed</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LiabilitiesAssumed1_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Fair value of Liabilities assumed</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AllOtherSegmentsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">All Other Segments [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AllOtherSegmentsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">All Other [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Held To Maturity Securities Continuous Unrealized Loss Position Less Than Twelve Months Fair Value</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Held to maturity, Estimated fair value, Less than 12 months</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_OtherRevenuesFromOperationsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Other revenues from operations.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_OtherRevenuesFromOperationsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Other Revenues From Operations [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_OtherRevenuesFromOperationsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Other Revenues From Operations [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PreferredStockSharesOutstanding_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Preferred Stock Shares Outstanding</link:label>
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    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PreferredStockSharesOutstanding_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Preferred stock, Shares Outstanding</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BusinessAcquisitionAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Business Acquisition [Axis]</link:label>
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    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AccumulatedOtherComprehensiveIncomeLossTable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Accumulated Other Comprehensive Income Loss [Table]</link:label>
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    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AssetPledgedAsCollateralWithoutRightMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Asset Pledged as Collateral without Right [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_EquipmentAndNetOccupancy_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Equipment and net occupancy.</link:label>
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    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_HeldToMaturitySecuritiesFairValue_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Total</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_HeldToMaturitySecuritiesFairValue_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Estimated fair value for held to maturity</link:label>
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    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_GainLossOnHedgedItemInFairValueHedge_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Gain Loss On Hedged Item In Fair Value Hedge</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_GainLossOnHedgedItemInFairValueHedge_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Derivatives in fair value hedging relationships, Hedged item</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BrokerageCommissionsRevenue_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Brokerage Commissions Revenue</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BrokerageCommissionsRevenue_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Brokerage services income</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_ResidentialMortgageLoansSecuredByResidentialRealEstateInProcessOfForeclosure_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Residential mortgage loans secured by residential real estate in process of foreclosure.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_ResidentialMortgageLoansSecuredByResidentialRealEstateInProcessOfForeclosure_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Residential Mortgage Loans Secured By Residential Real Estate In Process Of Foreclosure</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_ResidentialMortgageLoansSecuredByResidentialRealEstateInProcessOfForeclosure_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Loans secured by residential real estate that were in the process of foreclosure</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BusinessCombinationDisclosureTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Acquisition and divestiture</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BusinessCombinationDisclosureTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Business Combination Disclosure [Text Block]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InterestIncomeSecuritiesTaxExempt_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Interest Income Securities Tax Exempt</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InterestIncomeSecuritiesTaxExempt_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Exempt from federal taxes</link:label>
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    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_ProductOrServiceAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Product Or Service [Axis]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_ProductOrServiceAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Product and Service</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SubordinatedLongTermDebt_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Subordinated Long-Term Debt, Noncurrent</link:label>
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    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_SummaryOfLoanGradesAppliedVariousClassesOfCommercialAndRealEstateLoansTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Summary Of Loan Grades Applied Various Classes Of Commercial And Real Estate Loans Table [Text Block]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_SummaryOfLoanGradesAppliedVariousClassesOfCommercialAndRealEstateLoansTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Summary of Loan grades applied various classes of Commercial and Real Estate Loans</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_TradingLiabilitiesFairValueDisclosure_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Trading Liabilities Fair Value Disclosure</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_TradingLiabilitiesFairValueDisclosure_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Trading account liabilities</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_TradingLiabilitiesFairValueDisclosure_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Trading account liabilities</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FiniteLivedIntangibleAssetUsefulLife_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Finite-Lived Intangible Asset, Useful Life</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FiniteLivedIntangibleAssetUsefulLife_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Amortization period</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_GovernmentGuaranteedLoansMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">government-guaranteed loans.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_GovernmentGuaranteedLoansMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Government Guaranteed Loans [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_GovernmentGuaranteedLoansMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Government-Guaranteed Loans [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CollateralAlreadyPostedAggregateFairValue_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Collateral Already Posted Aggregate Fair Value</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CollateralAlreadyPostedAggregateFairValue_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Amount of initial margin posted</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LiabilitiesAndStockholdersEquity_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Liabilities And Stockholders Equity</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LiabilitiesAndStockholdersEquity_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Total liabilities and shareholders&#8217; equity</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_NetIncomeLossAvailableToCommonStockholdersBasicBeforeUnvestedStockBasedCompensationAwardsAdjustment_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Net income loss available to common stockholders before unvested stock based compensation awards adjustment as used in the determination of basic earnings per common share.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_NetIncomeLossAvailableToCommonStockholdersBasicBeforeUnvestedStockBasedCompensationAwardsAdjustment_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Net Income Loss Available To Common Stockholders Basic Before Unvested Stock Based Compensation Awards Adjustment</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_NetIncomeLossAvailableToCommonStockholdersBasicBeforeUnvestedStockBasedCompensationAwardsAdjustment_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Net income available to common equity</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Derivative Instruments Gain Loss Reclassified From Accumulated O C I Into Income Effective Portion Net</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Increase decrease in net interest income due to interest rate swap agreements</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Derivative Instruments, Gain (Loss) Reclassified from Accumulated OCI into Income, Effective Portion, Net, Total</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_OtherModificationsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Other modifications.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_OtherModificationsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Other Modifications [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_OtherModificationsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Other [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValuesDerivativesBalanceSheetLocationByDerivativeContractTypeByHedgingDesignationTable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Fair Values Derivatives Balance Sheet Location By Derivative Contract Type By Hedging Designation [Table]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValuesDerivativesBalanceSheetLocationByDerivativeContractTypeByHedgingDesignationTable_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Fair Values Derivatives Balance Sheet Location By Derivative Contract Type By Hedging Designation [Table]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_WeightedAverageNumberOfSharesOutstandingAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Weighted Average Number Of Shares Outstanding [Abstract]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_WeightedAverageNumberOfSharesOutstandingAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Average common shares outstanding</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_WeightedAverageNumberOfSharesOutstandingAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Adjusted weighted-average shares outstanding:</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_LoanAndLeasesConsideredNonaccrualAndInterestIncomeRecognizedOnLoansTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Loan and leases considered nonaccrual and interest income recognized on loans.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_LoanAndLeasesConsideredNonaccrualAndInterestIncomeRecognizedOnLoansTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Loan And Leases Considered Nonaccrual And Interest Income Recognized On Loans Table [Text Block]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_LoanAndLeasesConsideredNonaccrualAndInterestIncomeRecognizedOnLoansTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Loan and Leases Considered Nonaccrual and Interest Income Recognized on Loans</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PledgedStatusDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Pledged Status [Domain]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BusinessCombinationSegmentAllocationTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Business Combination, Segment Allocation [Table Text Block]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BusinessCombinationSegmentAllocationTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Summary of Allocation of Goodwill</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityIncorporationStateCountryCode_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity Incorporation State Country Code</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityIncorporationStateCountryCode_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Entity Incorporation, State or Country Code</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncomeStatementAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Income Statement [Abstract]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherAssetsFairValueDisclosure_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Other Assets Fair Value Disclosure</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherAssetsFairValueDisclosure_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Other assets</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_OtherRevenuesFromOperationsAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Other revenues from operations.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_OtherRevenuesFromOperationsAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Other Revenues From Operations [Abstract]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_OtherRevenuesFromOperationsAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Other revenues from operations:</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNoncurrentLiabilitiesOther_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Noncurrent Liabilities, Other</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNoncurrentLiabilitiesOther_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Other liabilities</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Available For Sale Securities Debt Maturities After Five Through Ten Years Fair Value</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Due after five years through ten years</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommercialMortgageBackedSecuritiesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Commercial Mortgage-Backed Securities [Member]</link:label>
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    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DeferredRevenue_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Deferred Revenue</link:label>
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    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_UnsecuredDebtCurrent_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Unsecured Debt, Current</link:label>
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    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LaborAndRelatedExpense_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Labor And Related Expense</link:label>
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    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DerivativeAverageFixedInterestRate_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Derivative Average Fixed Interest Rate</link:label>
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    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsFairValue_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Available For Sale Securities Debt Maturities After Ten Years Fair Value</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsFairValue_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Due after ten years</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_NumberOfDebtSecuritiesWithGrossLosses_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Number of debt securities with gross losses.</link:label>
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    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_HeldToMaturitySecuritiesDebtMaturitiesSingleMaturityDateFairValue_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Held To Maturity Securities Debt Maturities Single Maturity Date Fair Value</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_HeldToMaturitySecuritiesDebtMaturitiesSingleMaturityDateFairValue_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Total available for held to maturity (fair value)</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_SeriesFAndSeriesGPreferredStockMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Series F And Series G Preferred Stock</link:label>
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    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_SeriesFAndSeriesGPreferredStockMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Series F And Series G Preferred Stock [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_LongTermDebtTwoThousandEighteenMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Long term debt two thousand eighteen.</link:label>
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    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BusinessAcquisitionAcquireeDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Business Acquisition Acquiree [Domain]</link:label>
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    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InterestExpense_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Interest Expense</link:label>
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    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_USStatesAndPoliticalSubdivisionsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">U S States And Political Subdivisions [Member]</link:label>
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    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ResidentialPortfolioSegmentMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Residential Portfolio Segment [Member]</link:label>
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    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_DepreciationAndAmortization1_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Depreciation and amortization of premises and equipment.</link:label>
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    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditTax_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Amortization of prior service credit, tax</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_COVID19Member_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">COVID 19.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_COVID19Member_lbl" xlink:role="http://www.xbrl.org/2003/role/label">C O V I D19 [Member]</link:label>
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    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_InterestPaymentsOnVariableRateCommercialRealEstateLoansMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Interest payments on variable rate commercial real estate loans.</link:label>
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    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_InterestPaymentsOnVariableRateCommercialRealEstateLoansMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Interest Payments On Variable Rate Commercial Real Estate Loans [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_USTreasuryAndGovernmentMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">U S Treasury And Government [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_USTreasuryAndGovernmentMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">U.S. Treasury and Federal Agencies [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ForeclosedAssets_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Foreclosed Assets</link:label>
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    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LongtermFederalHomeLoanBankAdvancesNoncurrent_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Long-Term Federal Home Loan Bank Advances, Noncurrent</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LongtermFederalHomeLoanBankAdvancesNoncurrent_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">FHLB advances, non current</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FiduciaryAndTrustMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Fiduciary And Trust [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FiduciaryAndTrustMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Trust Income [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_CommitmentsTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">The tabular disclosure of commitments.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_CommitmentsTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Commitments Table [Text Block]</link:label>
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    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PreferredStockSharesAuthorized_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Preferred Stock Shares Authorized</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PreferredStockSharesAuthorized_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Preferred stock, shares authorized</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AutomobileLoanMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Automobile Loan [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AutomobileLoanMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Automobile [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_OtherComprehensiveIncomeLossNetYieldAdjustmentFromCashFlowHedgesBeforeTax_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Other comprehensive income loss net yield adjustment from cash flow hedges, before tax.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_OtherComprehensiveIncomeLossNetYieldAdjustmentFromCashFlowHedgesBeforeTax_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Other Comprehensive Income Loss Net Yield Adjustment From Cash Flow Hedges Before Tax</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_OtherComprehensiveIncomeLossNetYieldAdjustmentFromCashFlowHedgesBeforeTax_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Net yield adjustment from cash flow hedges currently in effect, before tax</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DerivativeAverageRemainingMaturity1_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Derivative Average Remaining Maturity1</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DerivativeAverageRemainingMaturity1_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Average Maturity (in years)</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PreferredStockLiquidationPreference_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Preferred Stock Liquidation Preference</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PreferredStockLiquidationPreference_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Preferred stock, liquidation preference per share</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_FinancingReceivableAllowanceForCreditLossesNetWriteOffsAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Net charge-offs</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_FinancingReceivableAllowanceForCreditLossesNetWriteOffsAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Financing Receivable Allowance For Credit Losses Net Write Offs [Abstract]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_FinancingReceivableAllowanceForCreditLossesNetWriteOffsAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Financing receivable allowance for credit losses net write offs.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_EquityMethodInvesteeNameDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Equity Method Investee Name [Domain]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_EquityMethodInvesteeNameDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Investment, Name</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_IncreaseDecreaseInEstimatedFairValueOfInterestRateContractsInAssetPosition_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Increase (decrease) in estimated fair value of interest rate contracts in asset position.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_IncreaseDecreaseInEstimatedFairValueOfInterestRateContractsInAssetPosition_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Increase Decrease In Estimated Fair Value Of Interest Rate Contracts In Asset Position</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_IncreaseDecreaseInEstimatedFairValueOfInterestRateContractsInAssetPosition_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Reduction in estimated fair value of interest rate contracts in asset position</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntitySmallBusiness_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity Small Business</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntitySmallBusiness_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Entity Small Business</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents</link:label>
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    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents_lbl" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel">Cash, cash equivalents and restricted cash at beginning of period</link:label>
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    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PreferredStockDividendPaymentTerms_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Preferred Stock, Dividend Payment Terms</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisValuationTechniquesTable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Table]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisValuationTechniquesTable_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Table]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LoansReceivableHeldForSaleNetNotPartOfDisposalGroup_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Loans Receivable Held For Sale Net Not Part Of Disposal Group</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LoansReceivableHeldForSaleNetNotPartOfDisposalGroup_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Mortgage loans held for sale</link:label>
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    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Derivative Instruments Gain Loss By Hedging Relationship [Axis]</link:label>
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    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentTypeCategorizationMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investment Type Categorization [Member]</link:label>
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    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_CommitmentsToExtendCreditToCommercialCustomers_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Commitments to extend credit to commercial customers.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_CommitmentsToExtendCreditToCommercialCustomers_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Commitments To Extend Credit To Commercial Customers</link:label>
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    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_MortgageLoansOfPrivatelyHeldCompany_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Mortgage servicing rights of commercial mortgage loans with outstanding principal balances of privately held commercial mortgage company.</link:label>
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    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OccupancyNet_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Occupancy Net</link:label>
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    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PreferredStockDividendsPerShareCashPaid_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Preferred Stock Dividends Per Share Cash Paid</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PreferredStockDividendsPerShareCashPaid_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Preferred stock per share dividend amount</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_ForwardStartingInterestRateSwapAgreementsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Forward starting interest rate swap agreements.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_ForwardStartingInterestRateSwapAgreementsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Forward Starting Interest Rate Swap Agreements [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_ForwardStartingInterestRateSwapAgreementsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Forward-Starting Interest Rate Swap Agreements [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InterestExpenseShortTermBorrowings_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Interest Expense Short Term Borrowings</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InterestExpenseShortTermBorrowings_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Short-term borrowings</link:label>
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    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_MarketableSecuritiesAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Investment securities</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_MarketableSecuritiesAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Marketable Securities [Abstract]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_WeightedAverageNumberOfSharesOutstandingBasic_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Weighted Average Number Of Shares Outstanding Basic</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_WeightedAverageNumberOfSharesOutstandingBasic_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Basic</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_WeightedAverageNumberOfSharesOutstandingBasic_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Weighted-average shares outstanding</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_WeightedAverageNumberOfSharesOutstandingBasic_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Weighted Average Number of Shares Outstanding, Basic, Total</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_CityAreaCode_lbl" xlink:role="http://www.xbrl.org/2003/role/label">City Area Code</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_CityAreaCode_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">City Area Code</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_AccumulatedOtherComprehensiveIncomeLossIncomeTax_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">The tax effect of the accumulated change in equity from transactions and other events and circumstances from non-owner sources. Excludes the tax effect of Net Income (Loss), and accumulated changes in equity from transactions resulting from investments by owners and distributions to owners. Includes the tax effect of foreign currency translation items, certain pension adjustments, unrealized gains and losses on certain investments in debt and equity securities, other than temporary impairment (OTTI) losses related to factors other than credit losses on available-for-sale and held-to-maturity debt securities that an entity does not intend to sell and it is not more likely than not that the entity will be required to sell before recovery of the amortized cost basis, as well as changes in the fair value of derivatives related to the effective portion of a designated cash flow hedge.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_AccumulatedOtherComprehensiveIncomeLossIncomeTax_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Accumulated Other Comprehensive Income Loss Income Tax</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_AccumulatedOtherComprehensiveIncomeLossIncomeTax_lbl" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel">Ending balance, tax</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_AccumulatedOtherComprehensiveIncomeLossIncomeTax_lbl" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel">Beginning balance, tax</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfEarningsPerShareDilutedByCommonClassTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Schedule Of Earnings Per Share Diluted By Common Class [Text Block]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfEarningsPerShareDilutedByCommonClassTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Computations of Diluted Earnings Per Common Share</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_OtherFinancialInstrumentsAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Other financial instruments.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_OtherFinancialInstrumentsAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Other Financial Instruments [Abstract]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_OtherFinancialInstrumentsAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Other financial instruments:</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_HeldToMaturitySecuritiesDebtMaturitiesWithSingleMaturityDateNetCarryingAmount_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Carrying amount of debt securities accounted for as held-to-maturity, net of adjustments including, but not limited to, accretion, amortization, collection of cash, previous other-than-temporary impairments (OTTI) recognized, and fair value hedge accounting adjustments, that have single maturity date.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_HeldToMaturitySecuritiesDebtMaturitiesWithSingleMaturityDateNetCarryingAmount_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Held To Maturity Securities Debt Maturities With Single Maturity Date Net Carrying Amount</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_HeldToMaturitySecuritiesDebtMaturitiesWithSingleMaturityDateNetCarryingAmount_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Total available for held to maturity (amortized cost)</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ComprehensiveIncomeNoteTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Comprehensive Income Note [Text Block]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ComprehensiveIncomeNoteTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Comprehensive income</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InterestRateContractMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Interest Rate Contract [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InterestRateContractMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Interest Rate Contracts [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Unrealized holding losses, net, before tax</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FederalHomeLoanBankAdvancesLongTerm_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Long-Term Federal Home Loan Bank Advances, Total</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FederalHomeLoanBankAdvancesLongTerm_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Long-Term Federal Home Loan Bank Advances</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FederalHomeLoanBankAdvancesLongTerm_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">FHLB advances, non current</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_Liabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Liabilities</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_Liabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Total liabilities</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_VariableInterestEntityDisclosureAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Variable interest entity disclosure.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_VariableInterestEntityDisclosureAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Variable Interest Entity Disclosure [Abstract]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_DocumentPeriodEndDate_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Document Period End Date</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_DocumentPeriodEndDate_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Document Period End Date</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BusinessCombinationSegmentAllocationLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Business Combination Segment Allocation [Line Items]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_CommitmentsToExtendCreditAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Commitments to extend credit.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_CommitmentsToExtendCreditAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Commitments To Extend Credit [Abstract]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_CommitmentsToExtendCreditAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Commitments to extend credit</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommonStockDividendsPerShareCashPaid_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Common Stock, Dividends, Per Share, Cash Paid</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommonStockDividendsPerShareCashPaid_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Common stock per share dividend amount</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfFinancingReceivableRecordedInvestmentCreditQualityIndicatorTable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Schedule Of Financing Receivable Recorded Investment Credit Quality Indicator [Table]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfFinancingReceivableRecordedInvestmentCreditQualityIndicatorTable_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Schedule Of Financing Receivable Recorded Investment Credit Quality Indicator [Table]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedDeposits_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Business combination recognized identifiable assets acquired and liabilities assumed deposits.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedDeposits_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Business combination recognized identifiable assets acquired and liabilities assumed deposits</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedDeposits_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Deposits</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_LongTermDebtTwoThousandTwentyOneMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Long term debt two thousand twenty one.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_LongTermDebtTwoThousandTwentyOneMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Long Term Debt Two Thousand Twenty One [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_LongTermDebtTwoThousandTwentyOneMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Term Loans 2021 [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DefinedBenefitPlanNetPeriodicBenefitCost_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Defined Benefit Plan Net Periodic Benefit Cost</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DefinedBenefitPlanNetPeriodicBenefitCost_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Net periodic cost (benefit)</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AvailableForSaleDebtSecuritiesAmortizedCostBasis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Available For Sale Debt Securities Amortized Cost Basis</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AvailableForSaleDebtSecuritiesAmortizedCostBasis_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Investment securities, available for sale, amortized cost</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AvailableForSaleDebtSecuritiesAmortizedCostBasis_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Investment securities available for sale, amortized cost</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Schedule Of Segment Reporting Information By Segment [Text Block]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Information about Company's Segments</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_RangeAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Range [Axis]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_RangeAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Statistical Measurement</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_MTMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">M&amp;T member</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_MTMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">M T [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_MTMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">MT [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ResidentialMortgageBackedSecuritiesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Residential Mortgage-Backed Securities [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ResidentialMortgageBackedSecuritiesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Residential [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_OtherSecuritiesGrossUnrealizedGains_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Other securities gross unrealized gains.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_OtherSecuritiesGrossUnrealizedGains_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Other Securities Gross Unrealized Gains</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_OtherSecuritiesGrossUnrealizedGains_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Other securities, Gross unrealized gains</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Estimated fair value, Less than 12 months</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinancialServiceMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Financial Service [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinancialServiceMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Investment Banking, Legal and Other Services [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_SummaryOfMergerRelatedExpensesTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Summary of merger-related expenses.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_SummaryOfMergerRelatedExpensesTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Summary of merger-related expenses [Table Text Block]</link:label>
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    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_ReadilyMarketableSecuritiesAtFairValueAmortizedCost_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Readily marketable securities at fair value amortized cost.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_ReadilyMarketableSecuritiesAtFairValueAmortizedCost_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Readily Marketable Securities At Fair Value Amortized Cost</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_ReadilyMarketableSecuritiesAtFairValueAmortizedCost_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Readily marketable securities Amortized cost</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AvailableForSaleSecuritiesDebtMaturitiesWithoutSingleMaturityDateAmortizedCost_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Available For Sale Securities Debt Maturities Without Single Maturity Date Amortized Cost</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AvailableForSaleSecuritiesDebtMaturitiesWithoutSingleMaturityDateAmortizedCost_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Mortgage-backed securities available for sale</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_GainLossOnSaleOfProperties_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Gain (loss) on sale of subsidiary</link:label>
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    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_Assets_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Assets</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_Assets_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Assets</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_Assets_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Total assets of partnerships in which the company invested</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_Assets_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Total assets</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_ResidentialRealEstateExcludingAltAMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Residential real estate excluding Alt-A.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_ResidentialRealEstateExcludingAltAMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Residential Real Estate Excluding Alt A [Member]</link:label>
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    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SeriesFPreferredStockMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Series F Preferred Stock [Member]</link:label>
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    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DerivativeLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Derivative [Line Items]</link:label>
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    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RetirementPlanTypeAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Retirement Plan Type [Axis]</link:label>
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    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NetIncomeLossAvailableToCommonStockholdersBasicAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Net Income Loss Available To Common Stockholders Basic [Abstract]</link:label>
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    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AssumptionForFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesPrepaymentSpeed_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Assumption For Fair Value Of Interests Continued To Be Held By Transferor Servicing Assets Or Liabilities Prepayment Speed</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AssumptionForFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesPrepaymentSpeed_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Weighted-average prepayment speeds</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_TradingSecurities_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Trading Securities</link:label>
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    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_TradingSecurities_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Trading account</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinancingReceivableModificationsPreModificationRecordedInvestment2_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Financing Receivable Modifications Pre Modification Recorded Investment2</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinancingReceivableModificationsPreModificationRecordedInvestment2_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Pre-modification Recorded Investment</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisValuationTechniquesLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisValuationTechniquesLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PledgedStatusAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Pledged Status [Axis]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityAddressPostalZipCode_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity Address Postal Zip Code</link:label>
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    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherLiabilitiesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Other Liabilities [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherLiabilitiesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Accrued interest and other liabilities [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_SeriesFFixedToFloatingRateNonCumulativePerpetualPreferredStockMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Series F Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_SeriesFFixedToFloatingRateNonCumulativePerpetualPreferredStockMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Series F Fixed To Floating Rate Non Cumulative Perpetual Preferred Stock [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_SeriesFFixedToFloatingRateNonCumulativePerpetualPreferredStockMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Series F fixed-to-floating rate non-cumulative perpetual preferred stock.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RevenueFromContractWithCustomerIncludingAssessedTax_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Revenue From Contract With Customer Including Assessed Tax</link:label>
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    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_RestatementAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Restatement [Axis]</link:label>
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    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_DocumentFiscalPeriodFocus_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Document Fiscal Period Focus</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_DocumentFiscalPeriodFocus_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Document Fiscal Period Focus</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_ScheduleOfAmortizedCostAndEstimatedFairValueOfInvestmentSecuritiesLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Schedule of amortized cost and estimated fair value of investment securities.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_ScheduleOfAmortizedCostAndEstimatedFairValueOfInvestmentSecuritiesLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Schedule Of Amortized Cost And Estimated Fair Value Of Investment Securities [Line Items]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_ScheduleOfAmortizedCostAndEstimatedFairValueOfInvestmentSecuritiesLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Schedule Of Amortized Cost And Estimated Fair Value Of Investment Securities [Line Items]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Unrealized gains (losses) on cash flow hedges</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification And Tax</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_CriticizedNonaccrualMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Criticized nonaccrual.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_CriticizedNonaccrualMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Criticized Nonaccrual [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_CriticizedNonaccrualMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Criticized Nonaccrual [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ServicingAssetAtAmortizedValue_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Servicing Asset At Amortized Value</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ServicingAssetAtAmortizedValue_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Capitalized servicing rights</link:label>
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    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherDebtSecuritiesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Other Debt Securities [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherDebtSecuritiesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Other Debt Securities [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PensionPlansDefinedBenefitMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Pension Plans Defined Benefit [Member]</link:label>
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    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RevolvingCreditFacilityMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Revolving Credit Facility [Member]</link:label>
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    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_BusinessCombinationRecognizedIdentifiableAssetsAcquisitionOfCoreDepositsAndOtherIntangibleAssets_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Business combination recognized identifiable assets acquisition of core deposits and other intangible assets</link:label>
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    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StatementOfFinancialPositionAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Statement Of Financial Position [Abstract]</link:label>
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    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ValuationAllowanceForImpairmentOfRecognizedServicingAssetsProvisionsRecoveries_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Valuation Charge Recognized</link:label>
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    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ValuationAllowanceForImpairmentOfRecognizedServicingAssetsProvisionsRecoveries_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Increase (decrease) in valuation allowance</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_ResidentialMortgageBankingSegmentMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Residential Mortgage Banking Segment.</link:label>
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    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityFileNumber_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity File Number</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityFileNumber_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Entity File Number</link:label>
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    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ShortTermDebtPercentageBearingFixedInterestRate_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Short-Term Debt, Percentage Bearing Fixed Interest Rate</link:label>
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    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_AccumulatedOtherMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Accumulated other.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_AccumulatedOtherMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Accumulated Other [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_AccumulatedOtherMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Other [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_InvestmentInDebtSecuritiesGrossUnrealizedLosses_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Investment in debt securities gross unrealized losses.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_InvestmentInDebtSecuritiesGrossUnrealizedLosses_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investment In Debt Securities Gross Unrealized Losses</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_InvestmentInDebtSecuritiesGrossUnrealizedLosses_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Total debt securities Gross unrealized losses</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ProceedsFromPreviousAcquisition_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Proceeds from Previous Acquisition</link:label>
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    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_NetChangeInAccruedInterestReceivablePayable_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Net change in accrued interest receivable, payable.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_NetChangeInAccruedInterestReceivablePayable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Net Change In Accrued Interest Receivable Payable</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_NetChangeInAccruedInterestReceivablePayable_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Net change in accrued interest receivable, payable</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsAmortizedCost_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Available For Sale Securities Debt Maturities After One Through Five Years Amortized Cost</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsAmortizedCost_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Due after one year through five years</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_OtherCreditRelatedCommitments_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Other credit-related commitments.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_OtherCreditRelatedCommitments_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Other Credit Related Commitments</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_OtherCreditRelatedCommitments_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Other credit-related commitments</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_SeriesHFixedToFloatingRateNonCumulativePerpetualPreferredStockMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Series H Fixed-to-Floating Rate Non-cumulative Perpetual Preferred Stock [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_SeriesHFixedToFloatingRateNonCumulativePerpetualPreferredStockMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Series H Fixed-to-Floating Rate Non-cumulative Perpetual Preferred Stock [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ValuationTechniqueDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Valuation Technique [Domain]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ValuationTechniqueDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Valuation Approach and Technique</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedAssetsAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Assets [Abstract]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedAssetsAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Identifiable assets:</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncreaseDecreaseInLoansHeldForSale_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Increase Decrease In Loans Held For Sale</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncreaseDecreaseInLoansHeldForSale_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Net change in loans originated for sale</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncreaseDecreaseInLoansHeldForSale_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Increase (Decrease) in Loans Held-for-sale, Total</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PensionAndOtherPostretirementBenefitsDisclosureTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Pension And Other Postretirement Benefits Disclosure [Text Block]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PensionAndOtherPostretirementBenefitsDisclosureTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Pension plans and other postretirement benefits</link:label>
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    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_CommonStockIssuable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Common Stock Issuable</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfEarningsPerShareBasicByCommonClassTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Schedule Of Earnings Per Share Basic By Common Class [Text Block]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfEarningsPerShareBasicByCommonClassTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Computations of Basic Earnings Per Common Share</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_RangeMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Range [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_RangeMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Statistical Measurement</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DefinedBenefitPlanActuarialGainLossImmediateRecognitionAsComponentInNetPeriodicBenefitCostCredit_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Defined Benefit Plan Actuarial Gain Loss Immediate Recognition As Component In Net Periodic Benefit Cost Credit</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DefinedBenefitPlanActuarialGainLossImmediateRecognitionAsComponentInNetPeriodicBenefitCostCredit_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Defined benefit pension plan, reduction to change in amortization</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StatementOfStockholdersEquityAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Statement Of Stockholders Equity [Abstract]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinancingReceivableAllowanceForCreditLossesLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Financing Receivable Allowance For Credit Losses [Line Items]</link:label>
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    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LoansReceivableFairValueDisclosure_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Loans Receivable Fair Value Disclosure</link:label>
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    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_BayviewLendingGroupAndBayviewFinancialMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Bayview Lending Group and Bayview Financial.</link:label>
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    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ImpairedFinancingReceivableWithRelatedAllowanceUnpaidPrincipalBalance_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Impaired Financing Receivable With Related Allowance Unpaid Principal Balance</link:label>
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    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ContractualInterestRateReductionMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Contractual Interest Rate Reduction [Member]</link:label>
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    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_MortgageLoansOnRealEstatePrincipalAmountOfLoans_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Mortgage loans on real estate principal amount of loans.</link:label>
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    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_SeriesEFixedToFloatingRateNonCumulativePerpetualPreferredStockMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Series E fixed to floating rate non cumulative perpetual preferred stock.</link:label>
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    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_ReadilyMarketableSecuritiesAtFairValueGrossUnrealizedGains_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Readily Marketable Securities At Fair Value Gross Unrealized Gains</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_ReadilyMarketableSecuritiesAtFairValueGrossUnrealizedGains_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Readily marketable securities Gross unrealized gains</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AmortizationOfMortgageServicingRightsMSRs_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Amortization Of Mortgage Servicing Rights M S Rs</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AmortizationOfMortgageServicingRightsMSRs_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Amortization of capitalized servicing rights</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_CurrentFiscalYearEndDate_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Current Fiscal Year End Date</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_CurrentFiscalYearEndDate_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Current Fiscal Year End Date</link:label>
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    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentTypeAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Investment Type</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InterestPayableCurrentAndNoncurrent_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Interest Payable Current And Noncurrent</link:label>
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    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LoansAndLeasesReceivableImpairedNonperformingNonaccrualOfInterest_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Loans And Leases Receivable Impaired Nonperforming Nonaccrual Of Interest</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LoansAndLeasesReceivableImpairedNonperformingNonaccrualOfInterest_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Nonaccrual</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PensionAndOtherPostretirementBenefitExpense_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Pension And Other Postretirement Benefit Expense</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PensionAndOtherPostretirementBenefitExpense_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Defined contribution pension and retirement savings plans total expense</link:label>
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    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DerivativeInstrumentsAndHedgingActivitiesDisclosureAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Derivative Instruments And Hedging Activities Disclosure [Abstract]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Cash flow hedges adjustments</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), after Reclassification and Tax, Total</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_TransfersAndServicingOfFinancialInstrumentsTypesOfFinancialInstrumentsDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Transfers And Servicing Of Financial Instruments Types Of Financial Instruments [Domain]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_TransfersAndServicingOfFinancialInstrumentsTypesOfFinancialInstrumentsDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Financial Instruments</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_FivePointSevenFivePercentageFixedRateSubordinatedNotesDueToMatureInOctober2024Member_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">5.75% fixed-rate subordinated notes due to mature in October 2024.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_FivePointSevenFivePercentageFixedRateSubordinatedNotesDueToMatureInOctober2024Member_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Five Point Seven Five Percentage fixed-rate subordinated notes due to mature in October 2024 [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_FivePointSevenFivePercentageFixedRateSubordinatedNotesDueToMatureInOctober2024Member_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">5.75% Fixed Rate Subordinated Notes Due To Mature In October 2024 [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_LongTermDebtTwoThousandNineteenMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Long term debt two thousand nineteen.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_LongTermDebtTwoThousandNineteenMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Long Term Debt Two Thousand Nineteen [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_LongTermDebtTwoThousandNineteenMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Term Loans 2019 [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_LongTermDebtTwoThousandNineteenMember_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Term Loans 2019 [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_TrustRelationshipMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Trust Relationship [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_TrustRelationshipMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Trust Relationship [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityAddressAddressLine1_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity Address Address Line1</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityAddressAddressLine1_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Entity Address, Address Line One</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_ReadilyMarketableSecuritiesAtEstimatedFairValue_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Readily marketable securities at estimated fair value.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_ReadilyMarketableSecuritiesAtEstimatedFairValue_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Readily Marketable Securities At Estimated Fair Value</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_ReadilyMarketableSecuritiesAtEstimatedFairValue_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Readily marketable securities Estimated fair value</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RepaymentsOfLongTermDebt_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Repayments Of Long Term Debt</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RepaymentsOfLongTermDebt_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Payments on long-term borrowings</link:label>
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    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_ScheduleOfAmortizedCostAndEstimatedFairValueOfInvestmentSecuritiesTable_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Schedule of amortized cost and estimated fair value of investment securities.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_ScheduleOfAmortizedCostAndEstimatedFairValueOfInvestmentSecuritiesTable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Schedule Of Amortized Cost And Estimated Fair Value Of Investment Securities [Table]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_ScheduleOfAmortizedCostAndEstimatedFairValueOfInvestmentSecuritiesTable_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Schedule Of Amortized Cost And Estimated Fair Value Of Investment Securities [Table]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SeriesHPreferredStockMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Preferred Series H [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SeriesHPreferredStockMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Series H Preferred Stock [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfDerivativeInstrumentsGainLossInStatementOfFinancialPerformanceTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Schedule Of Derivative Instruments Gain Loss In Statement Of Financial Performance [Text Block]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfDerivativeInstrumentsGainLossInStatementOfFinancialPerformanceTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Information about Fair Values of Derivative Instruments in Consolidated Statement of Income</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnHeldToMaturitySecuritiesArisingDuringPeriodTax_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Amount of tax expense (benefit) of reclassification adjustment from accumulated other comprehensive income of unrealized holding gain or loss on held to maturity securities arising during period.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnHeldToMaturitySecuritiesArisingDuringPeriodTax_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Other Comprehensive Income Unrealized Holding Gain Loss On Held To Maturity Securities Arising During Period Tax</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnHeldToMaturitySecuritiesArisingDuringPeriodTax_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Amortization of unrealized holding losses on held-to-maturity securities, tax</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DerivativesFairValueLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Derivatives Fair Value [Line Items]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DerivativesFairValueLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Derivatives, Fair Value [Line Items]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DerivativeFairValueOfDerivativeAssetAmountNotOffsetAgainstCollateral_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Derivative Fair Value Of Derivative Asset Amount Not Offset Against Collateral</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DerivativeFairValueOfDerivativeAssetAmountNotOffsetAgainstCollateral_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Aggregate fair value of derivative financial instruments in asset position</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DerivativeFairValueOfDerivativeAssetAmountNotOffsetAgainstCollateral_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Derivative Asset, Subject to Master Netting Arrangement, before Offset of Collateral, Total</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FiniteLivedIntangibleAssetsByMajorClassAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Finite-Lived Intangible Assets by Major Class [Axis]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_LoansAndLeasesReceivableConsumerInstallmentRevolvingAndHomeEquity_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Amount before allowance of consumer installment revolving and home equity loans. Includes deferred interest and fees, undisbursed portion of loan balance, unamortized costs and premiums and discounts from face amounts.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_LoansAndLeasesReceivableConsumerInstallmentRevolvingAndHomeEquity_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Loans And Leases Receivable Consumer Installment Revolving And Home Equity</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_LoansAndLeasesReceivableConsumerInstallmentRevolvingAndHomeEquity_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Consumer loans</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NoninterestExpenseAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Noninterest Expense [Abstract]</link:label>
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    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Accretion of net gain on terminated cash flow hedges, net of tax</link:label>
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    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PassMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Pass [Member]</link:label>
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    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentsInDebtAndMarketableEquitySecuritiesAndCertainTradingAssetsDisclosureTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Investment securities</link:label>
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    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinancingReceivableAllowanceForCreditLossesWriteOffs_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Financing Receivable Allowance For Credit Losses Write Offs</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinancingReceivableAllowanceForCreditLossesWriteOffs_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Charge-offs</link:label>
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    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RevenueRemainingPerformanceObligation_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Uncollected amounts receivable</link:label>
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    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ServicingAssetAtAmortizedValueValuationAllowance_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Capitalized servicing rights, valuation allowance</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinancingReceivableModificationsPostModificationRecordedInvestment2_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Financing Receivable Modifications Post Modification Recorded Investment2</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinancingReceivableModificationsPostModificationRecordedInvestment2_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Loans and leases, net of unearned discount</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Held To Maturity Securities Accumulated Unrecognized Holding Loss</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Gross unrealized losses for held to maturity</link:label>
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    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_OtherComprehensiveIncomeLossReclassificationAdjustmentForRealizedGainsLossesIncludedInNetIncomeTax_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Other Comprehensive Income Loss Reclassification Adjustment For Realized Gains Losses Included In Net Income Tax</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_OtherComprehensiveIncomeLossReclassificationAdjustmentForRealizedGainsLossesIncludedInNetIncomeTax_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Gains realized in net income, tax</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_OceanviewDispositionsLlcMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Oceanview Dispositions, LLC.</link:label>
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    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedFinancialAssets_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Financial Assets</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedFinancialAssets_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Investment securities</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_MortgageLoansOnRealEstateFaceAmountOfMortgages_lbl" xlink:role="http://www.xbrl.org/2003/role/label">SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate, Face Amount of Mortgages</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_MortgageLoansOnRealEstateFaceAmountOfMortgages_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Conventional mortgage loans</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CarryingReportedAmountFairValueDisclosureMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Carrying Reported Amount Fair Value Disclosure [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CarryingReportedAmountFairValueDisclosureMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Carrying Amount [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueByFairValueHierarchyLevelAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Fair Value By Fair Value Hierarchy Level [Axis]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueByFairValueHierarchyLevelAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Fair Value Hierarchy and NAV</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_OtherComprehensiveIncomeReclassificationToIncomeOfUnrealizedHoldingLossesBeforeTax_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Amount before tax of increase (decrease) in accumulated other comprehensive income (loss) related to the reclassification adjustment for other than temporary impairment (OTTI) related to factors other than credit loss on a previously impaired investment on held-to-maturity security.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_OtherComprehensiveIncomeReclassificationToIncomeOfUnrealizedHoldingLossesBeforeTax_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Other Comprehensive Income Reclassification To Income Of Unrealized Holding Losses Before Tax</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_OtherComprehensiveIncomeReclassificationToIncomeOfUnrealizedHoldingLossesBeforeTax_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Amortization of unrealized holding losses on held-to-maturity securities</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DefinedBenefitPlanAmortizationOfPriorServiceCostCredit_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Defined Benefit Plan Amortization Of Prior Service Cost Credit</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DefinedBenefitPlanAmortizationOfPriorServiceCostCredit_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Amortization of prior service cost (credit)</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ConversionOfStockAmountConverted1_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Conversion of Stock, Amount Converted</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ConversionOfStockAmountConverted1_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Acquisition of bank and bank holding company, Common stock awards converted</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_EquityAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Equity [Abstract]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_AmortizedCostAndEstimatedFairValueOfInvestmentSecuritiesTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Amortized cost and estimated fair value of investment securities.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_AmortizedCostAndEstimatedFairValueOfInvestmentSecuritiesTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Amortized Cost And Estimated Fair Value Of Investment Securities Table [Text Block]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_AmortizedCostAndEstimatedFairValueOfInvestmentSecuritiesTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Amortized Cost and Estimated Fair Value of Investment Securities</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_OtherCommercialConstructionMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Other commercial construction.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_OtherCommercialConstructionMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Other Commercial Construction [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_OtherCommercialConstructionMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Other Commercial Construction [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PaymentDeferralMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Payment Deferral [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PaymentDeferralMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Payment Deferral [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PaymentDeferralMember_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Principal Deferral [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtInstrumentInterestRateStatedPercentage_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Interest rate of debt instrument</link:label>
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    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Before Reclassification And Tax</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Foreign currency translation adjustment, before tax</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityFilerCategory_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity Filer Category</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityFilerCategory_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Entity Filer Category</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_GainLossOnSecuritizationOfFinancialAssets_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Gain Loss On Securitization Of Financial Assets</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_GainLossOnSecuritizationOfFinancialAssets_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Loss on securitization of assets</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtSecuritiesHeldToMaturityAllowanceForCreditLoss_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Debt Securities Held To Maturity Allowance For Credit Loss</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtSecuritiesHeldToMaturityAllowanceForCreditLoss_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Allowance for credit losses</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtSecuritiesHeldToMaturityAllowanceForCreditLoss_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Debt Securities, Held-to-Maturity, Allowance for Credit Loss, Total</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtSecuritiesHeldToMaturityAllowanceForCreditLoss_lbl" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel">Debt Securities, Held-to-Maturity, Allowance for Credit Loss, Beginning Balance</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtSecuritiesHeldToMaturityAllowanceForCreditLoss_lbl" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel">Debt Securities, Held-to-Maturity, Allowance for Credit Loss, Ending Balance</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfEquityMethodInvestmentsLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Schedule Of Equity Method Investments [Line Items]</link:label>
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    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_PercentageOfFairValueInputsCommitmentExpirations_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Percentage of assumed commitment expirations used in the fair value measurements of interest rate locks.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_PercentageOfFairValueInputsCommitmentExpirations_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Percentage Of Fair Value Inputs Commitment Expirations</link:label>
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    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PreferredStockDividendsIncomeStatementImpact_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Preferred Stock Dividends Income Statement Impact</link:label>
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    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditBeforeTax_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Amortization of prior service credit, before tax</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_BayviewLendingGroupMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Bayview Lending Group.</link:label>
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    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LoansAndLeasesReceivableNetOfDeferredIncome_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Loans And Leases Receivable Net Of Deferred Income</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LoansAndLeasesReceivableNetOfDeferredIncome_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Loans and leases, net of unearned discount</link:label>
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    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_HeldToMaturitySecuritiesDebtMaturitiesFairValueAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Held To Maturity Securities Debt Maturities Fair Value [Abstract]</link:label>
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    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinancingReceivableRecordedInvestmentLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Financing Receivable Recorded Investment [Line Items]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityCurrentReportingStatus_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity Current Reporting Status</link:label>
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    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_MaturityPeriodTwoMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Maturity Period Two [Member].</link:label>
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    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationByAssetClassDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Asset Class</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_CommitmentsToSellRealEstateLoansNet_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Commitments to sell real estate loans net.</link:label>
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    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NoninterestExpense_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Noninterest Expense</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NoninterestExpense_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Total other expense</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtInstrumentMeasurementInputExtensibleList_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Debt Instrument Measurement Input Extensible List</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtInstrumentMeasurementInputExtensibleList_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Measurement Input [Extensible List]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCategoriesOfInvestmentsDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Other Than Temporary Impairment Credit Losses Recognized In Earnings Categories Of Investments [Domain]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCategoriesOfInvestmentsDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Other than Temporary Impairment, Credit Losses Recognized in Earnings, Categories of Investments</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockholdersEquityNoteDisclosureTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Stockholders' Equity Note Disclosure [Text Block]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockholdersEquityNoteDisclosureTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Shareholders' Equity</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_CombinationOfConcessionTypesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Combination of concession types.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_CombinationOfConcessionTypesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Combination Of Concession Types [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_CombinationOfConcessionTypesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Combination of Concession Types [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BusinessCombinationsAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Business Combinations [Abstract]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FiniteLivedIntangibleAssetsNet_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Finite Lived Intangible Assets Net</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FiniteLivedIntangibleAssetsNet_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Core deposit and other intangible assets</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FiniteLivedIntangibleAssetsNet_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Finite-Lived Intangible Assets, Net, Total</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FiniteLivedIntangibleAssetsNet_lbl" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel">Finite-Lived Intangible Assets, Net, Beginning Balance</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FiniteLivedIntangibleAssetsNet_lbl" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel">Finite-Lived Intangible Assets, Net, Ending Balance</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockholdersEquity_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Shareholders' equity</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockholdersEquity_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Stockholders Equity</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockholdersEquity_lbl" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel">Ending balance</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockholdersEquity_lbl" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel">Beginning balance</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockholdersEquity_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Total shareholders&#8217; equity</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DerivativeFairValueOfDerivativeLiabilityAmountNotOffsetAgainstCollateral_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Derivative Fair Value Of Derivative Liability Amount Not Offset Against Collateral</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DerivativeFairValueOfDerivativeLiabilityAmountNotOffsetAgainstCollateral_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Aggregate fair value of derivative financial instruments in a liability position</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DerivativeFairValueOfDerivativeLiabilityAmountNotOffsetAgainstCollateral_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Derivative Liability, Subject to Master Netting Arrangement, before Offset of Collateral, Total</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_BusinessBankingMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Business banking segment.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_BusinessBankingMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Business Banking [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_BusinessBankingMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Business Banking [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BusinessCombinationGoodwillAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Business Combination, Goodwill [Abstract]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AccumulatedOtherComprehensiveIncomeMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Accumulated Other Comprehensive Income [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AccumulatedOtherComprehensiveIncomeMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Accumulated Other Comprehensive Income (Loss), Net [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_MaximumCreditRiskForRecourseAssociatedWithLoansSoldUnderFederalNationalMortgageAssociationDelegatedUnderwritingAndServicingProgram_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Maximum credit risk for recourse associated with loans sold under Federal National Mortgage Association Delegated Underwriting and Servicing program.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_MaximumCreditRiskForRecourseAssociatedWithLoansSoldUnderFederalNationalMortgageAssociationDelegatedUnderwritingAndServicingProgram_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Maximum Credit Risk For Recourse Associated With Loans Sold Under Federal National Mortgage Association Delegated Underwriting And Servicing Program</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_MaximumCreditRiskForRecourseAssociatedWithLoansSoldUnderFederalNationalMortgageAssociationDelegatedUnderwritingAndServicingProgram_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Maximum credit risk for recourse associated with loans sold under Federal National Mortgage Association Delegated Underwriting and Servicing program</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueByAssetClassAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Fair Value By Asset Class [Axis]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueByAssetClassAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Asset Class</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityTaxIdentificationNumber_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity Tax Identification Number</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityTaxIdentificationNumber_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Entity Tax Identification Number</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncomeStatementLocationAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Income Statement Location [Axis]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncomeStatementLocationAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Income Statement Location</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_DiscountedCashFlowsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Discounted cash flows.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_DiscountedCashFlowsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Discounted Cash Flows [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_DiscountedCashFlowsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Discounted Cash Flows</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommonStockValue_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Common stock, $.50 par, 250,000,000 shares authorized, 179,436,779 shares issued at September 30, 2022 and 159,741,898 shares issued at December 31, 2021</link:label>
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    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_ConsolidationItemsAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Consolidation Items [Axis]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_ConsolidationItemsAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Intersegment Activity Eliminated in Consolidated Totals [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ServicingAssetAtAmortizedValuePeriodIncreaseDecrease_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Servicing Asset At Amortized Value Period Increase Decrease</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ServicingAssetAtAmortizedValuePeriodIncreaseDecrease_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Capitalized servicing rights, amortization increase (decrease)</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ServicingAssetAtAmortizedValuePeriodIncreaseDecrease_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Servicing Asset at Amortized Cost, Period Increase (Decrease), Total</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RetainedEarningsAccumulatedDeficit_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Retained Earnings Accumulated Deficit</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RetainedEarningsAccumulatedDeficit_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Retained earnings</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RetainedEarningsAccumulatedDeficit_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Retained Earnings (Accumulated Deficit), Total</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BusinessCombinationSegmentAllocationTable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Business Combination, Segment Allocation [Table]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_UnfundedCommitmentsIncludesCarrryingAmountOfItsInvestments_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Unfunded commitments includes carrrying amount of its investments.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_UnfundedCommitmentsIncludesCarrryingAmountOfItsInvestments_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Unfunded Commitments Includes Carrrying Amount Of Its Investments</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_UnfundedCommitmentsIncludesCarrryingAmountOfItsInvestments_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Unfunded commitments includes carrrying amount of its investments</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Net unrealized gains (losses) on investment securities</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">OCI, Debt Securities, Available-for-Sale, Gain (Loss), after Adjustment and Tax, Total</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Net unrealized losses on investment securities</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StatementEquityComponentsAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Statement Equity Components [Axis]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StatementEquityComponentsAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Equity Components</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DerivativeGainLossOnDerivativeNet_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Derivative, Gain (Loss) on Derivative, Net, Total</link:label>
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    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DerivativeGainLossOnDerivativeNet_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Derivatives in fair value hedging relationships, Derivative</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PaymentsOfDividendsPreferredStockAndPreferenceStock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Payments Of Dividends Preferred Stock And Preference Stock</link:label>
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    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedBorrowings_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Business combination recognized identifiable assets acquired and liabilities assumed borrowings.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedBorrowings_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Business combination recognized identifiable assets acquired and liabilities assumed borrowings</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedBorrowings_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Borrowings</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_InvestmentSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">This item represents the fair value of securities that have been in a continuous loss position for less than twelve months.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_InvestmentSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investment Securities Continuous Unrealized Loss Position Less Than Twelve Months Fair Value</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_InvestmentSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Total investment securities, fair value less than 12 months</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_ConsolidatedEntitiesDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Consolidated Entities [Domain]</link:label>
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    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_TypeOfAdoptionMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Type Of Adoption [Member]</link:label>
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    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_BusinessCombinationRecognizedIdentifiableAssetsAcquisitionOfDeposits_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Business Combination Recognized Identifiable Assets Acquisition Of Deposits</link:label>
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    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_ThreePointSixFivePercentageUnsecuredSeniorNotesDueToMatureInDecember2022Member_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Three Point Six Five Percentage Unsecured Senior Notes Due To Mature In December 2022 [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_ThreePointSixFivePercentageUnsecuredSeniorNotesDueToMatureInDecember2022Member_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">3.65% Unsecured Senior Notes Mature in December 2022 [Member]</link:label>
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    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue_lbl" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel">Ending Balance</link:label>
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    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_EquityMethodInvestmentsAndJointVenturesAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Equity Method Investments And Joint Ventures [Abstract]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityEmergingGrowthCompany_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity Emerging Growth Company</link:label>
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    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Available For Sale Securities Continuous Unrealized Loss Position Twelve Months Or More Aggregate Losses</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Unrealized Losses 12 Months or More</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_ComponentsOfOtherComprehensiveIncomeLossTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">The tabular disclosure of components of other comprehensive income loss.</link:label>
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    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_ComponentsOfOtherComprehensiveIncomeLossTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Components of Other Comprehensive Income (Loss) and Amounts Reclassified from Accumulated Other Comprehensive Income (Loss) to Net Income</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Schedule Of Business Acquisitions By Acquisition [Table]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Schedule Of Business Acquisitions By Acquisition [Table]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AmortizationMethodQualifiedAffordableHousingProjectInvestmentsAmortization_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Amortization Method Qualified Affordable Housing Project Investments Amortization</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AmortizationMethodQualifiedAffordableHousingProjectInvestmentsAmortization_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Investments amortized to income tax expense</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DefinedBenefitPlanInterestCost_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Defined Benefit Plan Interest Cost</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DefinedBenefitPlanInterestCost_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Interest cost on projected benefit obligation</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_NonPCDAcquiredLoansMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Non PCD acquired loans.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_NonPCDAcquiredLoansMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Non P C D Acquired Loans Member</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_NonPCDAcquiredLoansMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Non PCD Acquired Loans [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_InvestmentInDebtSecuritiesEstimatedFairValue_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Investment in debt securities estimated fair value.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_InvestmentInDebtSecuritiesEstimatedFairValue_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investment In Debt Securities Estimated Fair Value</link:label>
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    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Available For Sale Securities Debt Maturities After One Through Five Years Fair Value</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Due after one year through five years</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Proceeds from maturities of investment securities Available for sale</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RetirementPlanTypeDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Retirement Plan Type [Domain]</link:label>
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    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_PurchaseCreditDeteriorated_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Purchase credit-deteriorated.</link:label>
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    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_PreferredStockDividendRateModificationsDateOfChange_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Date of change in the dividend rate</link:label>
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    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_PreferredStockDividendRateModificationsDateOfChange_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">The date at which the preferred stock dividend rate or the frequency of dividend payments, or both, will change.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditNetOfTax_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Other Comprehensive Income Loss Amortization Adjustment From A O C I Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Net Of Tax</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditNetOfTax_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Amortization of prior service credit, net of tax</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNetAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Net [Abstract]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfStockByClassTable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Schedule of Stock by Class [Table]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommercialRealEstatePortfolioSegmentMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Commercial Real Estate Portfolio Segment [Member]</link:label>
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    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfFinancingReceivableTroubledDebtRestructuringsTable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Schedule Of Financing Receivable Troubled Debt Restructurings [Table]</link:label>
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    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfFinancingReceivableAllowanceForCreditLossesTable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Schedule Of Financing Receivable Allowance For Credit Losses [Table]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfFinancingReceivableAllowanceForCreditLossesTable_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Schedule Of Financing Receivable Allowance For Credit Losses [Table]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PaymentsToAcquireHeldToMaturitySecurities_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Payments To Acquire Held To Maturity Securities</link:label>
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    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DefinedBenefitPlanServiceCost_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Defined Benefit Plan Service Cost</link:label>
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    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Schedule Of Equity Method Investment Equity Method Investee Name [Axis]</link:label>
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    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ConsumerPortfolioSegmentMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Consumer Portfolio Segment [Member]</link:label>
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    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_GainLossOnDerivativeInstrumentsHeldForTradingPurposesNet_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Gain Loss On Derivative Instruments Held For Trading Purposes Net</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_GainLossOnDerivativeInstrumentsHeldForTradingPurposesNet_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Derivatives not designated as hedging instruments, Derivatives</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_VariableInterestEntitiesAndAssetSecuritizationsTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Variable interest entities and asset securitizations.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_VariableInterestEntitiesAndAssetSecuritizationsTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Variable Interest Entities And Asset Securitizations [Text Block]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_VariableInterestEntitiesAndAssetSecuritizationsTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Variable interest entities and asset securitizations</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfAccumulatedOtherComprehensiveIncomeLossTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Schedule Of Accumulated Other Comprehensive Income Loss Table [Text Block]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfAccumulatedOtherComprehensiveIncomeLossTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Accumulated Other Comprehensive Income (Loss), Net</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinancingReceivablePortfolioSegmentDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Financing Receivable Portfolio Segment [Domain]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinancingReceivablePortfolioSegmentDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Financing Receivable Portfolio Segment</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SaleOfStockPricePerShare_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Sale Of Stock Price Per Share</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SaleOfStockPricePerShare_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Common stock, price per share</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommitmentsAndContingenciesDisclosureTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Commitments And Contingencies Disclosure [Text Block]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommitmentsAndContingenciesDisclosureTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Commitments and contingencies</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLoansAndLeasesNet_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Business combination recognized identifiable assets acquired and liabilities assumed loans and leases net.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLoansAndLeasesNet_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Business Combination Recognized Identifiable Assets Acquired and Liabilities Assumed Loans and Leases Net</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLoansAndLeasesNet_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Loans and leases, net</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLoansAndLeasesNet_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Loans and leases</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Accumulated Other Comprehensive Income Loss Net Of Tax</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax_lbl" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel">Ending balance, net of tax</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax_lbl" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel">Beginning balance, net of tax</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Accumulated other comprehensive income (loss), net</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Accumulated Other Comprehensive Income (Loss), Net of Tax, Total</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_TimeDeposits_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Time Deposits</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_TimeDeposits_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Time deposits</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_TimeDeposits_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Time deposits</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_TimeDeposits_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Time Deposits, Total</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AvailableForSaleSecuritiesDebtMaturitiesSingleMaturityDate_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Available For Sale Securities Debt Maturities Single Maturity Date</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AvailableForSaleSecuritiesDebtMaturitiesSingleMaturityDate_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Total available for sale (fair value)</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityCommonStockSharesOutstanding_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity Common Stock Shares Outstanding</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityCommonStockSharesOutstanding_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Entity Common Stock, Shares Outstanding</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_FederalFundsSoldAndAgreementsToResellSecurities_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Federal funds sold and agreements to resell securities.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_FederalFundsSoldAndAgreementsToResellSecurities_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Federal Funds Sold and Agreements to Resell Securities</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_FederalFundsSoldAndAgreementsToResellSecurities_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Federal funds sold and agreements to resell securities</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherComprehensiveIncomeLossNetOfTax_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Other Comprehensive Income Loss Net Of Tax</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherComprehensiveIncomeLossNetOfTax_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Net gain (loss) during period</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherComprehensiveIncomeLossNetOfTax_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Total other comprehensive income (loss)</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_RestatementDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Restatement [Domain]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_RestatementDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Revision of Prior Period</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_CommercialRealEstateSegmentMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Commercial real estate segment.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_CommercialRealEstateSegmentMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Commercial Real Estate Segment [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_CommercialRealEstateSegmentMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Commercial Real Estate [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NetIncomeLoss_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Net Income (Loss)</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NetIncomeLoss_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Net income (loss)</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NetIncomeLoss_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Net income</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NetIncomeLoss_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Net income</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_WeightedAverageMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Weighted Average [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_WeightedAverageMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Weighted Average</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_SalariesAndEmployeeBenefits_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Salaries and employee benefits.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_SalariesAndEmployeeBenefits_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Salaries and employee benefits</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_NewAccountingPronouncementOrChangeInAccountingPrincipleEffectOfAdoptionQuantification1_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">New accounting pronouncement or change in accounting principle effect of adoption quantification.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_NewAccountingPronouncementOrChangeInAccountingPrincipleEffectOfAdoptionQuantification1_lbl" xlink:role="http://www.xbrl.org/2003/role/label">New Accounting Pronouncement Or Change In Accounting Principle Effect Of Adoption Quantification1</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_NewAccountingPronouncementOrChangeInAccountingPrincipleEffectOfAdoptionQuantification1_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Adoption of new accounting standard for credit losses</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SecuritiesInvestmentMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Securities Investment [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SecuritiesInvestmentMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Investment Securities [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherInvestmentsAndSecuritiesAtCost_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Other Investments And Securities At Cost</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherInvestmentsAndSecuritiesAtCost_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Other securities, Amortized cost</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfFairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Schedule Of Fair Value Assets And Liabilities Measured On Recurring Basis Table [Text Block]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfFairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Assets and Liabilities Measured at Estimated Fair Value on Recurring Basis</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AdditionalPaidInCapitalMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Additional Paid In Capital [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AdditionalPaidInCapitalMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Additional Paid-in Capital [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PreferredStockDividendRatePercentage_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Preferred Stock, Dividend Rate, Percentage</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AvailableForSaleSecuritiesDebtMaturitiesSingleMaturityDateAmortizedCostBasis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Available For Sale Securities Debt Maturities Single Maturity Date Amortized Cost Basis</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AvailableForSaleSecuritiesDebtMaturitiesSingleMaturityDateAmortizedCostBasis_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Total available for sale (amortized cost)</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Table]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTable_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Table]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockIssued1_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Stock Issued</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockIssued1_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Acquisition of bank and bank holding company, Common stock issued</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCashAndEquivalents_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Cash and Equivalents</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCashAndEquivalents_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Cash and due from banks</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtInstrumentMaturityDateRangeEnd1_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Debt Instrument Maturity Date Range End1</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtInstrumentMaturityDateRangeEnd1_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Debt Maturity, End Year</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_DocumentInformationLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Document Information [Line Items]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_DocumentInformationLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Document Information [Line Items]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityRegistrantName_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity Registrant Name</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityRegistrantName_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Entity Registrant Name</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Foreign currency translation adjustments</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Adjustment, Net of Tax, Total</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LiabilitiesFairValueDisclosure_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Liabilities Fair Value Disclosure</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LiabilitiesFairValueDisclosure_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Total liabilities</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CashAndCashEquivalentsAtCarryingValue_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Cash And Cash Equivalents At Carrying Value</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CashAndCashEquivalentsAtCarryingValue_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Cash and cash equivalents</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CashAndCashEquivalentsAtCarryingValue_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Cash and Cash Equivalents, at Carrying Value, Total</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinancingReceivableImpairedLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Financing Receivable Impaired [Line Items]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinancingReceivableImpairedLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Financing Receivable, Impaired [Line Items]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_EarningsPerShareTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Earnings Per Share [Text Block]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_EarningsPerShareTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Earnings per common share</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StatementClassOfStockAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Statement Class Of Stock [Axis]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StatementClassOfStockAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Class of Stock</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_HeldToMaturitySecurities_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Held to maturity (fair value: $11,544,655 at September 30, 2022; $2,771,290 at December 31, 2021)</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_HeldToMaturitySecurities_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Held To Maturity Securities</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_HeldToMaturitySecurities_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Amortized cost for held to maturity</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LossContingencyEstimateOfPossibleLoss_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Loss Contingency Estimate Of Possible Loss</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LossContingencyEstimateOfPossibleLoss_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Range of reasonably possible losses</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_MortgageBackedSecuritiesIssuedByPrivateEnterprisesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Mortgage Backed Securities Issued By Private Enterprises [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_MortgageBackedSecuritiesIssuedByPrivateEnterprisesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Privately Issued [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_MortgageBackedSecuritiesIssuedByPrivateEnterprisesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Privately Issued Mortgage-Backed Securities [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtInstrumentMaturityDate_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Debt Instrument, Maturity Date</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtInstrumentMaturityDate_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Senior notes maturity date</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CoreDepositsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Core Deposits [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_Revenues_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Revenues</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_Revenues_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Revenues</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_Revenues_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Total Revenues</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_Revenues_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Revenues, Total</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StatementOfIncomeAndComprehensiveIncomeAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Statement Of Income And Comprehensive Income [Abstract]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PropertyPlantAndEquipmentNet_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Property Plant And Equipment Net</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PropertyPlantAndEquipmentNet_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Premises and equipment</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PropertyPlantAndEquipmentNet_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Property, Plant and Equipment, Net, Total</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StatementLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Statement [Line Items]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StatementLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Statement [Line Items]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_InvestmentSecuritiesInContinuousUnrealizedLossPositionTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Investment securities in continuous unrealized loss position.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_InvestmentSecuritiesInContinuousUnrealizedLossPositionTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investment Securities In Continuous Unrealized Loss Position Table [Text Block]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_InvestmentSecuritiesInContinuousUnrealizedLossPositionTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Investment Securities in Continuous Unrealized Loss Position</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Unrealized holding losses, net, tax</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_CarryingValueOfInvestmentSecuritiesPledgedRelatedToRepurchaseTransactions_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Carrying value of investment securities pledged related to repurchase transactions</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_CarryingValueOfInvestmentSecuritiesPledgedRelatedToRepurchaseTransactions_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Carrying Value of Investment Securities Pledged Related to Repurchase Transactions</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_CarryingValueOfInvestmentSecuritiesPledgedRelatedToRepurchaseTransactions_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Carrying value of investment securities pledged related to repurchase transactions..</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_Security12bTitle_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Security12b Title</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_Security12bTitle_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Title of 12(b) Security</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_PreferredEquity_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Preferred equity.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_PreferredEquity_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Preferred Equity</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_PreferredEquity_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Preferred Stock</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_PreferredEquity_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Preferred stock</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LoansAndLeasesReceivableGrossCarryingAmountAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Loans And Leases Receivable Gross Carrying Amount [Abstract]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LoansAndLeasesReceivableGrossCarryingAmountAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Loans and leases:</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BusinessAcquisitionProFormaInformationAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Business Acquisition, Pro Forma Information [Abstract]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommonStockMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Common Stock [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommonStockMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Common Stock [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DerivativeNotionalAmount_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Derivative Notional Amount</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DerivativeNotionalAmount_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Notional Amount</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DerivativeNotionalAmount_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Notional amounts of derivative contracts entered into for trading account purposes</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InterestIncomeExpenseAfterProvisionForLoanLoss_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Interest Income Expense After Provision For Loan Loss</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InterestIncomeExpenseAfterProvisionForLoanLoss_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Net interest income after provision for credit losses</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_AllowanceOnAcquiredPurchasedCreditDeterioratedLoans_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Allowance on acquired purchased credit deteriorated loans.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_AllowanceOnAcquiredPurchasedCreditDeterioratedLoans_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Allowance On Acquired Purchased Credit Deteriorated Loans</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_AllowanceOnAcquiredPurchasedCreditDeterioratedLoans_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Allowance on acquired PCD loans</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherRealEstateAndForeclosedAssets_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Other Real Estate And Foreclosed Assets</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherRealEstateAndForeclosedAssets_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Amount of foreclosed residential real estate property held</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherRealEstateAndForeclosedAssets_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Other Real Estate, Foreclosed Assets, and Repossessed Assets, Total</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Net Cash Provided By Used In Operating Activities [Abstract]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Cash flows from operating activities</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_MarketingAndAdvertisingExpense_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Marketing And Advertising Expense</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_MarketingAndAdvertisingExpense_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Advertising and marketing</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_MarketingAndAdvertisingExpense_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Marketing and Advertising Expense, Total</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_EquityComponentDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Equity Component [Domain]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_EquityComponentDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Equity Component</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PaymentsToAcquireAvailableForSaleSecuritiesDebt_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Payments To Acquire Available For Sale Securities Debt</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PaymentsToAcquireAvailableForSaleSecuritiesDebt_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Purchases of investment securities Available for sale</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterTenYearsFairValue_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Held To Maturity Securities Debt Maturities After Ten Years Fair Value</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterTenYearsFairValue_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Due after ten years</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Income before taxes</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Held To Maturity Securities Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Held To Maturity Securities Continuous Unrealized Loss Position12 Months Or Longer Aggregate Losses</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityAddressStateOrProvince_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity Address State Or Province</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityAddressStateOrProvince_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Entity Address, State or Province</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_OtherConsumerLoansMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Other consumer loans.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_OtherConsumerLoansMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Other Consumer Loans [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_OtherConsumerLoansMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Other Consumer Loans [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_IncreaseDecreaseInEstimatedFairValueOfInterestRateContractsInLiabilityPosition_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Increase (decrease) in estimated fair value of interest rate contracts in liability position.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_IncreaseDecreaseInEstimatedFairValueOfInterestRateContractsInLiabilityPosition_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Increase Decrease In Estimated Fair Value Of Interest Rate Contracts In Liability Position</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_IncreaseDecreaseInEstimatedFairValueOfInterestRateContractsInLiabilityPosition_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Reduction in estimated fair value of interest rate contracts in liability position</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Available For Sale Securities Debt Maturities Within One Year Fair Value</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Due in one year or less</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_CommercialLoansAndCommercialRealEstateMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Commercial loans and commercial real estate.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_CommercialLoansAndCommercialRealEstateMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Commercial Loans And Commercial Real Estate [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_CommercialLoansAndCommercialRealEstateMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Commercial Loans and Commercial Real Estate [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_CommonSharesOutstandingIncludingCommonStockIssuableAndUnvestedStockBasedCompensationAwards_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">The weighted average number of common shares outstanding (including common stock issuable) and unvested stock-based compensation awards.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_CommonSharesOutstandingIncludingCommonStockIssuableAndUnvestedStockBasedCompensationAwards_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Common Shares Outstanding Including Common Stock Issuable And Unvested Stock Based Compensation Awards</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_CommonSharesOutstandingIncludingCommonStockIssuableAndUnvestedStockBasedCompensationAwards_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Common and unvested stock-based compensation awards</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_CommonSharesOutstandingIncludingCommonStockIssuableAndUnvestedStockBasedCompensationAwards_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Common shares outstanding (including common stock issuable) and unvested stock-based compensation awards</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_OtherComprehensiveIncomeLossReclassificationAdjustmentForRealizedGainsLossesIncludedInNetIncomeNetOfTax_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Other comprehensive income loss reclassification adjustment for realized gains losses included in net income net of tax.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_OtherComprehensiveIncomeLossReclassificationAdjustmentForRealizedGainsLossesIncludedInNetIncomeNetOfTax_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Other Comprehensive Income Loss Reclassification Adjustment For Realized Gains Losses Included In Net Income Net Of Tax</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_OtherComprehensiveIncomeLossReclassificationAdjustmentForRealizedGainsLossesIncludedInNetIncomeNetOfTax_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Gains realized in net income, net of tax</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_DocumentType_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Document Type</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_DocumentType_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Document Type</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InterestPaidNet_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Interest Paid Net</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InterestPaidNet_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Interest paid during the period</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BusinessAcquisitionProFormaInformationTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Business Acquisition, Pro Forma Information [Table Text Block]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BusinessAcquisitionProFormaInformationTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Summary of Acquisition, Pro Forma Information</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherComprehensiveIncomeLossBeforeReclassificationsBeforeTax_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Other Comprehensive Income Loss Before Reclassifications Before Tax</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherComprehensiveIncomeLossBeforeReclassificationsBeforeTax_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Total other comprehensive income (loss) before reclassifications, before tax</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinancingReceivableModificationsLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Financing Receivable Modifications [Line Items]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinancingReceivableModificationsLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Financing Receivable, Modifications [Line Items]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DefinedBenefitPlanAmortizationOfGainsLosses_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Defined Benefit Plan Amortization Of Gains Losses</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DefinedBenefitPlanAmortizationOfGainsLosses_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Amortization of net actuarial loss (gain)</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ReceivablesAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Receivables [Abstract]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityShellCompany_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity Shell Company</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityShellCompany_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Entity Shell Company</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_NetIncomeLossAvailableToCommonStockholdersDilutedBeforeUnvestedStockBasedCompensationAwardsAdjustment_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Net income loss available to common stockholders before unvested stock based compensation awards adjustment as used in the determination of diluted earnings per common share.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_NetIncomeLossAvailableToCommonStockholdersDilutedBeforeUnvestedStockBasedCompensationAwardsAdjustment_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Net Income Loss Available To Common Stockholders Diluted Before Unvested Stock Based Compensation Awards Adjustment</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_NetIncomeLossAvailableToCommonStockholdersDilutedBeforeUnvestedStockBasedCompensationAwardsAdjustment_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Net income available to common equity</link:label>
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    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_InvestmentsInVariableInterestEntityCarryingAmount_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investments In Variable Interest Entity Carrying Amount</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_InvestmentsInVariableInterestEntityCarryingAmount_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Investment in partnership carrying amount</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_OtherComprehensiveIncomeAmortizationOfDefinedBenefitPlanActuarialLossRecognizedInNetPeriodicBenefitCostNetOfTax_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Other comprehensive income amortization of defined benefit plan actuarial loss recognized in net periodic benefit cost net of tax.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_OtherComprehensiveIncomeAmortizationOfDefinedBenefitPlanActuarialLossRecognizedInNetPeriodicBenefitCostNetOfTax_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Other Comprehensive Income Amortization Of Defined Benefit Plan Actuarial Loss Recognized In Net Periodic Benefit Cost Net Of Tax</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_OtherComprehensiveIncomeAmortizationOfDefinedBenefitPlanActuarialLossRecognizedInNetPeriodicBenefitCostNetOfTax_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Amortization of actuarial losses, net of tax</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CollateralDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Collateral [Domain]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CollateralDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Collateral Held</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentHoldingsLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investment Holdings [Line Items]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentHoldingsLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Investment Holdings [Line Items]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SegmentReportingInformationLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Segment Reporting Information [Line Items]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SegmentReportingInformationLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Segment Reporting Information [Line Items]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InterestExpenseLongTermDebt_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Interest Expense Long Term Debt</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InterestExpenseLongTermDebt_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Long-term borrowings</link:label>
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    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_AverageAsset_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Average assets.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_AverageAsset_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Average Asset</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_AverageAsset_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Average Total Assets</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_MortgageBankingMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Mortgage Banking [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_MortgageBankingMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Mortgage Banking Revenues [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DividendsPreferredStockCash_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Dividends Preferred Stock Cash</link:label>
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    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_EquitySecuritiesFvNi_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Equity Securities Fv Ni</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Financing Receivable Recorded Investment By Class Of Financing Receivable [Axis]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Class of Financing Receivable</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Table]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Table]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_FivePointFiveFivePercentageFixedRateSeniorNotesDueToMatureInAugust2028Member_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">4.55% Fixed Rate Senior Notes Due to Mature in August 2022 [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_FivePointFiveFivePercentageFixedRateSeniorNotesDueToMatureInAugust2028Member_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Five point five five percentage fixed rate senior notes due to mature in August 2028 [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_FivePointFiveFivePercentageFixedRateSeniorNotesDueToMatureInAugust2028Member_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Five point five five percentage fixed rate senior notes due to mature in August 2028.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_InterestExpensesSavingsAndInterestCheckingDeposits_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Interest expenses savings and interest checking deposits.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_InterestExpensesSavingsAndInterestCheckingDeposits_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Interest Expenses Savings And Interest Checking Deposits</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_InterestExpensesSavingsAndInterestCheckingDeposits_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Savings and interest-checking deposits</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_SummaryOfLoansInAccrualAndNonaccrualStatusTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Summary of loans in accrual and nonaccrual status.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_SummaryOfLoansInAccrualAndNonaccrualStatusTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Summary Of Loans In Accrual And Nonaccrual Status Table [Text Block]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_SummaryOfLoansInAccrualAndNonaccrualStatusTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Summary of loans in Accrual and Nonaccrual Status</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LossContingenciesLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Loss Contingencies [Line Items]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LossContingenciesLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Loss Contingencies [Line Items]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_InterestRateSwapAgreementsUsedForInterestRateRiskManagement_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Interest rate swap agreements used for interest rate risk management.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_InterestRateSwapAgreementsUsedForInterestRateRiskManagement_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Interest Rate Swap Agreements Used For Interest Rate Risk Management</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_InterestRateSwapAgreementsUsedForInterestRateRiskManagement_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Interest rate swap agreements used for interest rate risk management</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OffsettingAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Offsetting [Abstract]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_SecurityExchangeName_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Security Exchange Name</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_SecurityExchangeName_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Security Exchange Name</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_OtherComprehensiveIncomeLossReclassificationAdjustmentForRealizedGainsLossesIncludedInNetIncomeBeforeTax_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Other comprehensive income loss reclassification adjustment for realized gains losses included in net income before tax.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_OtherComprehensiveIncomeLossReclassificationAdjustmentForRealizedGainsLossesIncludedInNetIncomeBeforeTax_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Other Comprehensive Income Loss Reclassification Adjustment For Realized Gains Losses Included In Net Income Before Tax</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_OtherComprehensiveIncomeLossReclassificationAdjustmentForRealizedGainsLossesIncludedInNetIncomeBeforeTax_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Gains realized in net income</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_HeldToMaturitySecuritiesDebtMaturitiesWithoutSingleMaturityDateNetCarryingAmount_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Held To Maturity Securities Debt Maturities Without Single Maturity Date Net Carrying Amount</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_HeldToMaturitySecuritiesDebtMaturitiesWithoutSingleMaturityDateNetCarryingAmount_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Mortgage-backed securities held to maturity</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RevenueFromContractWithCustomerAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Revenue From Contract With Customer [Abstract]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ClassOfStockLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Class of Stock [Line Items]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_RetailBankingMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Retail banking segment.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_RetailBankingMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Retail Banking [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_RetailBankingMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Retail Banking [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_TaxableEquivalentAdjustment_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Taxable equivalent adjustment.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_TaxableEquivalentAdjustment_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Taxable Equivalent Adjustment</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_TaxableEquivalentAdjustment_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Taxable-equivalent adjustment</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SignificantAccountingPoliciesTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Significant Accounting Policies [Text Block]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SignificantAccountingPoliciesTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Significant accounting policies</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NetCashProvidedByUsedInOperatingActivities_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Net Cash Provided By Used In Operating Activities</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NetCashProvidedByUsedInOperatingActivities_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Net cash provided by operating activities</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AvailableForSaleSecuritiesDebtMaturitiesWithoutSingleMaturityDateFairValue_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Available For Sale Securities Debt Maturities Without Single Maturity Date Fair Value</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AvailableForSaleSecuritiesDebtMaturitiesWithoutSingleMaturityDateFairValue_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Mortgage-backed securities available for sale</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_Deposits_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Deposits</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_Deposits_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Total deposits</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueByBalanceSheetGroupingTable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Fair Value By Balance Sheet Grouping [Table]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueByBalanceSheetGroupingTable_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Fair Value By Balance Sheet Grouping [Table]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_MerchantDiscountAndCreditCardFees_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Amount of earnings on fees charged to merchants for the cardholder's use of a credit card and income earned from credit card services including late, over limit, and annual fees.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_MerchantDiscountAndCreditCardFees_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Merchant Discount And Credit Card Fees</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_MerchantDiscountAndCreditCardFees_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Merchant discount and credit card fees</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecreaseAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Other Comprehensive Income Loss Net Of Tax Period Increase Decrease [Abstract]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecreaseAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Other comprehensive income (loss), net of tax and reclassification adjustments:</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LoansHeldForSaleFairValueDisclosure_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Loans Held For Sale Fair Value Disclosure</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LoansHeldForSaleFairValueDisclosure_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Real estate loans held for sale</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PaymentsToAcquireBusinessesGross_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Payments to Acquire Businesses, Gross</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PaymentsToAcquireBusinessesGross_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Cash</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PaymentsToAcquireBusinessesGross_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Acquisition, net of cash consideration, Bank and bank holding company</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_DerivativeHedgedLoans_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">As of the balance sheet date of the net amount of unrealized pre-tax gains and losses from hedged loans, that are held for sale, commitments to originate loans for sale and commitments to sell loans, and that meet the criteria of being accounted for as derivative instruments.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_DerivativeHedgedLoans_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Derivative Hedged Loans</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_DerivativeHedgedLoans_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Net unrealized pre-tax gains related to hedged loans held for sale, commitments to originate loans for sale and commitments to sell loans</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Settlements</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Settlements</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommitmentsAndContingenciesDisclosureAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Commitments And Contingencies Disclosure [Abstract]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_InvestmentSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsAggregateLosses_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Amount of accumulated unrealized loss on investments in debt and equity securities that have been in a continuous loss position for less than twelve months.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_InvestmentSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsAggregateLosses_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investment Securities Continuous Unrealized Loss Position Less Than Twelve Months Aggregate Losses</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_InvestmentSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsAggregateLosses_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Investment Securities Continuous Unrealized Loss Position Less Than Twelve Months Aggregate Losses</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_EquityAndOtherSecuritiesAtCost_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Equity and other securities at cost.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_EquityAndOtherSecuritiesAtCost_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Equity And Other Securities At Cost</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_EquityAndOtherSecuritiesAtCost_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Equity and other securities, cost</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_EquityAndOtherSecuritiesAtCost_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Equity and other securities, Amortized Cost</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InterestBearingDepositsInBanks_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Interest Bearing Deposits In Banks</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InterestBearingDepositsInBanks_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Interest-bearing deposits at banks</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Held To Maturity Securities Accumulated Unrecognized Holding Gain</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Gross unrealized gains for held to maturity</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationCalculationRollForward_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation Calculation Roll Forward</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationCalculationRollForward_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Total gains realized/unrealized:</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DepositAccountMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Deposit Account [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DepositAccountMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Service Charges on Deposit Accounts [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Schedule Of Accounts Notes Loans And Financing Receivable [Table]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Schedule Of Accounts Notes Loans And Financing Receivable [Table]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ImpairedFinancingReceivableWithNoRelatedAllowanceUnpaidPrincipalBalance_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Impaired Financing Receivable With No Related Allowance Unpaid Principal Balance</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ImpairedFinancingReceivableWithNoRelatedAllowanceUnpaidPrincipalBalance_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Total</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ImpairedFinancingReceivableWithNoRelatedAllowanceUnpaidPrincipalBalance_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Amortized Cost without Allowance</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BusinessAcquisitionsProFormaRevenue_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Business Acquisition, Pro Forma Revenue</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BusinessAcquisitionsProFormaRevenue_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Total revenues</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedAssets_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Assets</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedAssets_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Assets</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedAssets_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Total identifiable assets acquired</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLiabilitiesAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Liabilities [Abstract]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLiabilitiesAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Liabilities and preferred stock:</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfDefinedBenefitPlansDisclosuresTable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Schedule Of Defined Benefit Plans Disclosures [Table]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfDefinedBenefitPlansDisclosuresTable_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Schedule Of Defined Benefit Plans Disclosures [Table]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BusinessAcquisitionLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Business Acquisition [Line Items]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BusinessAcquisitionLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Business Acquisition [Line Items]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinancingReceivableModificationsNumberOfContracts2_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Financing Receivable Modifications Number Of Contracts2</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinancingReceivableModificationsNumberOfContracts2_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Number of modifications</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtDisclosureTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Debt Disclosure [Text Block]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtDisclosureTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Borrowings</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueInputsLevel2Member_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Fair Value Inputs Level2 [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueInputsLevel2Member_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Significant Observable Inputs (Level 2) [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ProceedsFromIssuanceOfLongTermDebt_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Proceeds from long-term borrowings</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ProceedsFromIssuanceOfLongTermDebt_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Proceeds from Issuance of Long-Term Debt</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ProceedsFromIssuanceOfLongTermDebt_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Proceeds from Issuance of Long-Term Debt, Total</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AvailableForSaleSecuritiesDebtSecurities_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Available for sale (cost: $11,340,155 at September 30, 2022; $3,849,347 at December 31, 2021)</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AvailableForSaleSecuritiesDebtSecurities_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Available For Sale Securities Debt Securities</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AvailableForSaleSecuritiesDebtSecurities_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Total</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AvailableForSaleSecuritiesDebtSecurities_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Investment securities available for sale, estimated fair value</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Net Cash Provided By Used In Investing Activities [Abstract]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Cash flows from investing activities</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_ShareBasedCompensationExpenseNet_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">The adjustment to common stock or additional paid in capital for the amount of recognized equity-based compensation during the period.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_ShareBasedCompensationExpenseNet_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Share Based Compensation Expense Net</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_ShareBasedCompensationExpenseNet_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Stock-based compensation transactions, net</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RealEstateMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Real Estate [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RealEstateMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Real Estate [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_EquitySecuritiesGrossUnrealizedLosses_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Equity securities gross unrealized losses.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_EquitySecuritiesGrossUnrealizedLosses_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Equity Securities Gross Unrealized Losses</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_EquitySecuritiesGrossUnrealizedLosses_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Equity securities, Gross Unrealized Losses</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_Investments_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investments</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_Investments_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Total investment securities</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_Investments_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Investment securities</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNet_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Net</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNet_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Net assets acquired</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_MaturityPeriodThreeMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Maturity Period Three [Member].</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_MaturityPeriodThreeMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Maturity Period Three [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_MaturityPeriodThreeMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Maturity Period 2025 [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommonStockSharesIssued_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Common Stock Shares Issued</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommonStockSharesIssued_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Common stock, shares issued</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DerivativeInstrumentsAndHedgingActivitiesDisclosureTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Derivative Instruments And Hedging Activities Disclosure [Text Block]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DerivativeInstrumentsAndHedgingActivitiesDisclosureTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Derivative financial instruments</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LiabilitiesAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Liabilities [Abstract]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LiabilitiesAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Liabilities</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_BusinessCombinationPurchasePriceAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Business combination purchase price.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_BusinessCombinationPurchasePriceAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Business combination purchase price [Abstract]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_BusinessCombinationPurchasePriceAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Consideration:</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_TradingActivityByTypeAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Trading Activity By Type [Axis]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_TradingActivityByTypeAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Trading Activity</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NoninterestIncomeOtherOperatingIncome_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Noninterest Income Other Operating Income</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NoninterestIncomeOtherOperatingIncome_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Other revenues from operations</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Unrealized losses on cash flow hedges, net of tax</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InterestIncomeMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Interest Income [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InterestIncomeMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Interest Income [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_ResidentialLimitedDocumentationMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Residential limited documentation.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_ResidentialLimitedDocumentationMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Residential Limited Documentation [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_ResidentialLimitedDocumentationMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Residential Limited Documentation [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_MinimumMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Minimum [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_MinimumMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Minimum [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_HedgingDesignationAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Hedging Designation [Axis]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_HedgingDesignationAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Hedging Designation</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NoncashMergerRelatedCosts_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Noncash Merger Related Costs</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NoncashMergerRelatedCosts_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Merger-related expenses</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NoncashMergerRelatedCosts_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Total</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InterestIncomeDomesticDeposits_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Interest Income Domestic Deposits</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InterestIncomeDomesticDeposits_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Deposits at banks</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InterestIncomeDomesticDeposits_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Interest Income, Domestic Deposits, Total</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SegmentDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Segment [Domain]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SegmentDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Segments</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Foreign currency translation adjustment, tax</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Other Comprehensive Income (Loss), Foreign Currency Translation Adjustment, Tax, Total</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LoansAndLeasesReceivableNetReportedAmount_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Loans And Leases Receivable Net Reported Amount</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LoansAndLeasesReceivableNetReportedAmount_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Loans and leases, net</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AdjustmentsForNewAccountingPronouncementsAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Adjustments For New Accounting Pronouncements [Axis]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AdjustmentsForNewAccountingPronouncementsAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Accounting Standards Update</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ImpairedFinancingReceivableRelatedAllowance_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Allowance for credit losses at acquisition</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ImpairedFinancingReceivableRelatedAllowance_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Impaired Financing Receivable Related Allowance</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ImpairedFinancingReceivableRelatedAllowance_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Amortized Cost</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ImpairedFinancingReceivableRelatedAllowance_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Allowance for credit losses at acquisition</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherComprehensiveIncomeLossBeforeReclassificationsTax_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Other Comprehensive Income Loss Before Reclassifications Tax</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherComprehensiveIncomeLossBeforeReclassificationsTax_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Total other comprehensive income (loss) before reclassifications, tax</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtInstrumentAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Debt Instrument [Axis]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockholdersEquityAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Stockholders' Equity Attributable to Parent [Abstract]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockholdersEquityAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Shareholders' equity</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_TreasuryStockMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Treasury Stock [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_TreasuryStockMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Treasury Stock [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfStockByClassTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Schedule of Stock by Class [Table Text Block]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfStockByClassTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Issued and Outstanding Preferred Stock</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StatementBusinessSegmentsAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Statement Business Segments [Axis]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StatementBusinessSegmentsAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Segments</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_CommitmentsToExtendCreditForOtherCommercialRealEstate_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Commitments to extend credit for other commercial real estate.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_CommitmentsToExtendCreditForOtherCommercialRealEstate_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Commitments To Extend Credit For Other Commercial Real Estate</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_CommitmentsToExtendCreditForOtherCommercialRealEstate_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Other commercial real estate</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_HistoricalRecoveryRateOfCollateralValuesOfConsumerInstallmentLoans_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Historical recovery rate of collateral values of consumer installment loans</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_HistoricalRecoveryRateOfCollateralValuesOfConsumerInstallmentLoans_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Historical Recovery Rate Of Collateral Values Of Consumer Installment Loans</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_HistoricalRecoveryRateOfCollateralValuesOfConsumerInstallmentLoans_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Historical recovery rate of collateral values of consumer installment loans.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtInstrumentMaturityDateRangeStart1_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Debt Instrument Maturity Date Range Start1</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtInstrumentMaturityDateRangeStart1_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Debt Maturity, Start Year</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_CommercialRealEstateExcludingResidentialBuilderAndDeveloperAndOtherConstructionMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Commercial real estate excluding residential builder and developer and other construction.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_CommercialRealEstateExcludingResidentialBuilderAndDeveloperAndOtherConstructionMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Commercial Real Estate Excluding Residential Builder And Developer And Other Construction [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_CommercialRealEstateExcludingResidentialBuilderAndDeveloperAndOtherConstructionMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Commercial [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AmortizationOfIntangibleAssets_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Amortization Of Intangible Assets</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AmortizationOfIntangibleAssets_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Amortization of core deposit and other intangible assets</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_SeriesIPreferredStocksMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Series I preferred stocks</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_SeriesIPreferredStocksMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Series I Preferred Stocks [Member]</link:label>
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    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SubsequentEventMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Subsequent Event [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SubsequentEventMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Subsequent Event [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BusinessCombinationConsiderationTransferred1_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Business Combination, Consideration Transferred</link:label>
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    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BusinessCombinationConsiderationTransferred1_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Total consideration</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NoninterestIncomeAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Noninterest Income [Abstract]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NoninterestIncomeAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Other income</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LossContingenciesTable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Loss Contingencies [Table]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LossContingenciesTable_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Loss Contingencies [Table]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_LoansAndLeasesReceivableTable_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Loans and Leases receivable.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_LoansAndLeasesReceivableTable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Loans And Leases Receivable [Table]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_LoansAndLeasesReceivableTable_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Loans And Leases Receivable [Table]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_AdditionalSubservicedResidentialMortgageLoansOfPrivatelyHeldCompany_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Additional residential mortgage loans from Bayview Financial</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_AdditionalSubservicedResidentialMortgageLoansOfPrivatelyHeldCompany_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Additional SubServiced Residential Mortgage Loans Of Privately Held Company</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_AdditionalSubservicedResidentialMortgageLoansOfPrivatelyHeldCompany_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Additional subserviced residential mortgage loans of privately held company.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_SyndicatedLoanFacilityMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Syndicated loan facility.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_SyndicatedLoanFacilityMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Syndicated Loan Facility [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_SyndicatedLoanFacilityMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Syndicated Loan Facility [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InterestExpenseAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Interest Expense [Abstract]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InterestExpenseAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Interest expense</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinancingReceivableRecordedInvestmentClassOfFinancingReceivableDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Financing Receivable Recorded Investment Class Of Financing Receivable [Domain]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinancingReceivableRecordedInvestmentClassOfFinancingReceivableDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Class of Financing Receivable</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_CommitmentsRegardingFinancialGuaranteesAndIndemnificationContracts_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Commitments regarding financial guarantees and indemnification contracts.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_CommitmentsRegardingFinancialGuaranteesAndIndemnificationContracts_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Commitments Regarding Financial Guarantees And Indemnification Contracts</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_CommitmentsRegardingFinancialGuaranteesAndIndemnificationContracts_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Financial guarantees and indemnification contracts</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_OtherAssetsForItsInvestmentInCommonSecuritiesRecognizedByCompanyOfVariousTrusts_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Other assets for its "investment" in the common securities recognized by the company of various trusts.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_OtherAssetsForItsInvestmentInCommonSecuritiesRecognizedByCompanyOfVariousTrusts_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Other Assets For Its Investment In Common Securities Recognized By Company Of Various Trusts</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_OtherAssetsForItsInvestmentInCommonSecuritiesRecognizedByCompanyOfVariousTrusts_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Other assets for its "investment" in the common securities recognized by the company of various trusts</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_MortgageLoansOnRealEstateLoanTypeAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate, Loan Type [Axis]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPeriodIncreaseDecrease_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Period Increase Decrease</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPeriodIncreaseDecrease_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Changes in unrealized gains included in earnings related to assets still held at end of period</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPeriodIncreaseDecrease_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Period Increase (Decrease), Total</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_MTInsuranceAgencyIncMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">M&amp;T Insurance Agency, Inc [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_MTInsuranceAgencyIncMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">M&amp;T Insurance Agency, Inc [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_MTInsuranceAgencyIncMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">M&amp;T Insurance Agency, Inc.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_RevolvingLoansConvertedToTermLoansMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Revolving loans converted to term loans.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_RevolvingLoansConvertedToTermLoansMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Revolving Loans Converted To Term Loans [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_RevolvingLoansConvertedToTermLoansMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Revolving Loans Converted to Term Loans [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ResidentialRealEstateMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Residential Real Estate [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ResidentialRealEstateMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Residential Real Estate [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_LoansAndLeasesReceivableLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Loans and leases receivable.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_LoansAndLeasesReceivableLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Loans And Leases Receivable [Line Items]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_LoansAndLeasesReceivableLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Loans And Leases Receivable [Line Items]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_EquitySecuritiesFvNiCost_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Equity Securities Fv Ni Cost</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_EquitySecuritiesFvNiCost_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Cost method equity securities</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityCentralIndexKey_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity Central Index Key</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityCentralIndexKey_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Entity Central Index Key</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InterestAndDividendIncomeOperating_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Interest And Dividend Income Operating</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InterestAndDividendIncomeOperating_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Total interest income</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InterestAndDividendIncomeOperating_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Revenue</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AccountingPoliciesAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Accounting Policies [Abstract]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentHoldingsTable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investment Holdings [Table]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentHoldingsTable_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Investment Holdings [Table]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentsDebtAndEquitySecuritiesAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investments Debt And Equity Securities [Abstract]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_WeightedAverageNumberOfSharesOutstandingBasicAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Weighted Average Number Of Shares Outstanding Basic [Abstract]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_WeightedAverageNumberOfSharesOutstandingBasicAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Weighted-average shares outstanding:</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtInstrumentRedemptionPeriodAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Debt Instrument Redemption Period [Axis]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtInstrumentRedemptionPeriodAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Debt Instrument, Redemption, Period</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DisaggregationOfRevenueLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Disaggregation Of Revenue [Line Items]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DisaggregationOfRevenueLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Disaggregation Of Revenue [Line Items]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_JuniorSubordinatedDebentureOwedToUnconsolidatedSubsidiaryTrust_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Junior Subordinated Debenture Owed To Unconsolidated Subsidiary Trust</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_JuniorSubordinatedDebentureOwedToUnconsolidatedSubsidiaryTrust_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Junior subordinated debentures</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_JuniorSubordinatedDebentureOwedToUnconsolidatedSubsidiaryTrust_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Junior Subordinated Debenture Owed to Unconsolidated Subsidiary Trust, Total</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LoansAndLeasesReceivableFeesEarnedButExcludedFromYield_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Fee recognized due to syndicated loan facility</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LoansAndLeasesReceivableFeesEarnedButExcludedFromYield_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Loans and Leases Receivable, Fees Earned but Excluded from Yield</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_HedgingDesignationDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Hedging Designation [Domain]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_HedgingDesignationDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Hedging Designation</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_LongTermDebtTwoThousandTwentyTwoMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Long term debt 2022.</link:label>
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    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionStartDateAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Start Date [Axis]</link:label>
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    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LoansAndLeasesReceivableDeferredIncome_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Loans And Leases Receivable Deferred Income</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LoansAndLeasesReceivableDeferredIncome_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Unearned discount</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueByMeasurementFrequencyAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Fair Value By Measurement Frequency [Axis]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueByMeasurementFrequencyAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Measurement Frequency</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Held To Maturity Securities Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Held To Maturity Securities Continuous Unrealized Loss Position Less Than12 Months Aggregate Losses</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AvailableForSaleSecuritiesDebtMaturitiesFairValueAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Available For Sale Securities Debt Maturities Fair Value [Abstract]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AvailableForSaleSecuritiesDebtMaturitiesFairValueAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Debt securities available for sale:</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_ConsolidationItemsDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Consolidation Items [Domain]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_ConsolidationItemsDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Consolidation Items</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncreaseDecreaseInFinancialInstrumentsUsedInOperatingActivities_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Increase Decrease In Financial Instruments Used In Operating Activities</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncreaseDecreaseInFinancialInstrumentsUsedInOperatingActivities_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Increase (Decrease) in Financial Instruments Used in Operating Activities, Total</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncreaseDecreaseInFinancialInstrumentsUsedInOperatingActivities_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Net change in trading account and non-hedging derivative assets and liabilities</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AccumulatedOtherComprehensiveIncomeLossBeforeTax1_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Accumulated Other Comprehensive Income Loss Before Tax1</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AccumulatedOtherComprehensiveIncomeLossBeforeTax1_lbl" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel">Ending balance, before tax</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AccumulatedOtherComprehensiveIncomeLossBeforeTax1_lbl" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel">Beginning balance, before tax</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_DocumentInformationTable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Document Information [Table]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_DocumentInformationTable_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Document Information [Table]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfEquityMethodInvestmentsTable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Schedule Of Equity Method Investments [Table]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfEquityMethodInvestmentsTable_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Schedule Of Equity Method Investments [Table]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearNetCarryingAmount_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Held To Maturity Securities Debt Maturities Within One Year Net Carrying Amount</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearNetCarryingAmount_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Due in one year or less</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnHeldToMaturitySecuritiesArisingDuringPeriodNetOfTax_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Amount after tax of increase (decrease) in accumulated other comprehensive income (loss) related to the reclassification adjustment for other than temporary impairment (OTTI) related to factors other than credit loss on a previously impaired investment on held-to-maturity security.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnHeldToMaturitySecuritiesArisingDuringPeriodNetOfTax_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Other Comprehensive Income Unrealized Holding Gain Loss On Held To Maturity Securities Arising During Period Net Of Tax</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnHeldToMaturitySecuritiesArisingDuringPeriodNetOfTax_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Amortization of unrealized holding losses on held-to-maturity securities</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueMeasurementsNonrecurringMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Fair Value Measurements Nonrecurring [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueMeasurementsNonrecurringMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Fair Value, Measurements, Nonrecurring [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_NetIncreaseDecreaseInLoanServicingAdvances_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">The net cash outflow or inflow for the increase (decrease) of loan servicing advances.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_NetIncreaseDecreaseInLoanServicingAdvances_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Net Increase Decrease In Loan Servicing Advances</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_NetIncreaseDecreaseInLoanServicingAdvances_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Net (increase) decrease in loan servicing advances</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_NoninterestIncomeExpenseOtherOperatingIncomeLoss_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Noninterest income (expense), other operating income (loss).</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_NoninterestIncomeExpenseOtherOperatingIncomeLoss_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Noninterest Income Expense Other Operating Income Loss</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_NoninterestIncomeExpenseOtherOperatingIncomeLoss_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Other</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StatementOfPartnersCapitalAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Statement Of Partners Capital [Abstract]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_InvestmentInDebtSecuritiesAmortizedCost_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Investment in debt securities amortized cost.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_InvestmentInDebtSecuritiesAmortizedCost_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investment In Debt Securities Amortized Cost</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_InvestmentInDebtSecuritiesAmortizedCost_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Total debt securities Amortized cost</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Right Of Use Asset Obtained In Exchange For Operating Lease Liability</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Additions to right-of-use assets under operating leases</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Adjustments To Reconcile Net Income Loss To Cash Provided By Used In Operating Activities [Abstract]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Adjustments to reconcile net income to net cash provided by operating activities</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RetainedEarningsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Retained Earnings [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RetainedEarningsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Retained Earnings [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_MaturityPeriodOneMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Maturity Period One [Member].</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_MaturityPeriodOneMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Maturity Period One [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_MaturityPeriodOneMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Maturity Period 2022 [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ExtinguishmentOfDebtTypeDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Extinguishment Of Debt Type [Domain]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ExtinguishmentOfDebtTypeDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Extinguishment of Debt, Type</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_RecreationalFinanceMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Recreational finance.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_RecreationalFinanceMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Recreational Finance [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_RecreationalFinanceMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Recreational Finance [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InternalCreditAssessmentAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Internal Credit Assessment [Axis]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InternalCreditAssessmentAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Internal Credit Assessment</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncomeLossFromEquityMethodInvestments_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Income Loss From Equity Method Investments</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncomeLossFromEquityMethodInvestments_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Income (loss) from equity method investments</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_FinancingReceivableRecordedInvestmentAccrualOrNonaccrualStatus_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Financing receivable recorded investment accrual or nonaccrual status.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_FinancingReceivableRecordedInvestmentAccrualOrNonaccrualStatus_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Financing Receivable Recorded Investment Accrual Or Nonaccrual Status</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_FinancingReceivableRecordedInvestmentAccrualOrNonaccrualStatus_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Amount of real estate loan as reported as accruing or nonaccruing</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_CarryingValueOfInvestmentSecuritiesPledged_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Investment securities pledged to secure debt carrying value</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_CarryingValueOfInvestmentSecuritiesPledged_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Carrying Value Of Investment Securities Pledged</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_CarryingValueOfInvestmentSecuritiesPledged_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Carrying value of investment securities pledged.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BusinessAcquisitionEquityInterestsIssuedOrIssuableNumberOfSharesIssued_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Business Acquisition, Equity Interest Issued or Issuable, Number of Shares</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BusinessAcquisitionEquityInterestsIssuedOrIssuableNumberOfSharesIssued_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Common shares issued, Shares</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DesignatedAsHedgingInstrumentMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Designated As Hedging Instrument [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DesignatedAsHedgingInstrumentMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Derivatives Designated and Qualifying as Hedging Instruments [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ProvisionForOtherCreditLosses_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Provision for Other Credit Losses</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ProvisionForOtherCreditLosses_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Provision for credit losses</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SegmentReportingAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Segment Reporting [Abstract]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueBalanceSheetGroupingFinancialStatementCaptionsLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueBalanceSheetGroupingFinancialStatementCaptionsLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DisposalGroupIncludingDiscontinuedOperationConsideration_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Disposal Group, Including Discontinued Operation, Consideration</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BusinessCombinationConsiderationTransferredEquityInterestsIssuedAndIssuable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Business Combination Consideration Transferred Equity Interests Issued And Issuable</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BusinessCombinationConsiderationTransferredEquityInterestsIssuedAndIssuable_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Business combination, market value</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BusinessCombinationConsiderationTransferredEquityInterestsIssuedAndIssuable_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Common stock issued (50,325,004 shares)</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_TreasuryStockCommonShares_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Treasury Stock Common Shares</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_TreasuryStockCommonShares_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Treasury stock, common shares</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_GoodwillAcquiredDuringPeriod_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Goodwill, Acquired During Period</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_GoodwillAcquiredDuringPeriod_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Goodwill resulting from acquisition</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_GoodwillAcquiredDuringPeriod_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Acquisition of People's United</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_LoansAndLeasesReceivableNetOfDeferredIncomeByAccrualStatusTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Loans and leases receivable net of deferred income by accrual status.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_LoansAndLeasesReceivableNetOfDeferredIncomeByAccrualStatusTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Loans And Leases Receivable Net Of Deferred Income By Accrual Status Table [Text Block]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_LoansAndLeasesReceivableNetOfDeferredIncomeByAccrualStatusTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Summary of Current, Past Due and Nonaccrual Loans</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LongTermDebtPercentageBearingFixedInterestRate_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Long-Term Debt, Percentage Bearing Fixed Interest, Percentage Rate</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LongTermDebtPercentageBearingFixedInterestRate_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Long-term borrowings, fixed interest rate</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AdditionalPaidInCapital_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Additional Paid In Capital</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AdditionalPaidInCapital_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Additional paid-in capital</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AdditionalPaidInCapital_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Additional Paid in Capital, Total</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityInteractiveDataCurrent_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity Interactive Data Current</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityInteractiveDataCurrent_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Entity Interactive Data Current</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinancialInstrumentsFinancialAssetsBalanceSheetGroupingsAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Financial Instruments Financial Assets Balance Sheet Groupings [Abstract]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinancialInstrumentsFinancialAssetsBalanceSheetGroupingsAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Financial assets:</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinancingReceivablesPeriodPastDueDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Financing Receivables Period Past Due [Domain]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinancingReceivablesPeriodPastDueDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Financial Asset, Aging</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_CommitmentsToSellRealEstateLoansNotionalAmount_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Commitments to sell real estate loans notional amount.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_CommitmentsToSellRealEstateLoansNotionalAmount_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Commitments To Sell Real Estate Loans Notional Amount</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_CommitmentsToSellRealEstateLoansNotionalAmount_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Commitments to sell real estate loans</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LettersOfCreditOutstandingAmount_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Letters Of Credit Outstanding Amount</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LettersOfCreditOutstandingAmount_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Standby letters of credit</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_ScheduleOfAvailableForSaleSecuritiesAndHeldToMaturityTable_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Schedule of available for sale securities and held to maturity.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_ScheduleOfAvailableForSaleSecuritiesAndHeldToMaturityTable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Schedule Of Available For Sale Securities And Held To Maturity [Table]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_ScheduleOfAvailableForSaleSecuritiesAndHeldToMaturityTable_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Schedule Of Available For Sale Securities And Held To Maturity [Table]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IntersegmentEliminationMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Intersegment Elimination [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IntersegmentEliminationMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Intersegment Activity Eliminated in Consolidated Totals [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BusinessCombinationStepAcquisitionEquityInterestInAcquireeFairValue1_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Business Combination Step Acquisition Equity Interest In Acquiree Fair Value1</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BusinessCombinationStepAcquisitionEquityInterestInAcquireeFairValue1_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Stockholders' equity</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_SummaryOfMergerRelatedExpensesAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Summary of merger related expenses.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_SummaryOfMergerRelatedExpensesAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Summary Of Merger Related Expenses [Abstract]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CashFlowNoncashInvestingAndFinancingActivitiesDisclosureAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Cash Flow Noncash Investing And Financing Activities Disclosure [Abstract]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CashFlowNoncashInvestingAndFinancingActivitiesDisclosureAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Supplemental schedule of noncash investing and financing activities</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsAmortizedCost_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Available For Sale Securities Debt Maturities After Ten Years Amortized Cost</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsAmortizedCost_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Due after ten years</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PreferredStockRedemptionDate_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Preferred Stock, Redemption Date</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_HomeEquityLinesAndLoansMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Home equity lines and loans.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_HomeEquityLinesAndLoansMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Home Equity Lines And Loans [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_HomeEquityLinesAndLoansMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Home Equity Lines and Loans [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_CounterpartiesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Counterparties.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_CounterpartiesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Counterparties [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_CounterpartiesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Counterparties [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_CreditRiskDerivativeMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Credit risk derivative.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_CreditRiskDerivativeMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Credit Risk Derivative [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_CreditRiskDerivativeMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Credit Risk Derivative [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PaymentsForProceedsFromProductiveAssets_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Payments For Proceeds From Productive Assets</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PaymentsForProceedsFromProductiveAssets_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Capital expenditures, net</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PaymentsForProceedsFromProductiveAssets_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Payments for (Proceeds from) Productive Assets, Total</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Estimated fair value, 12 months or more</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_ACLForNonPurchasedCreditDeterioratedLoanAndLeases_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">ACL for non-purchased credit deteriorated loan and leases.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_ACLForNonPurchasedCreditDeterioratedLoanAndLeases_lbl" xlink:role="http://www.xbrl.org/2003/role/label">A C L for non-purchased credit deteriorated loan and leases</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_ACLForNonPurchasedCreditDeterioratedLoanAndLeases_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">ACL for non-PCD loan and leases</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_LocalPhoneNumber_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Local Phone Number</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_LocalPhoneNumber_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Local Phone Number</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfRecognizedIdentifiedAssetsAcquiredAndLiabilitiesAssumedTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfRecognizedIdentifiedAssetsAcquiredAndLiabilitiesAssumedTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Summary of Identifiable Assets Acquired, Liabilities Assumed and Preferred Stock Exchanged as of Acquisition</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LongTermDebtMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Long Term Debt [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LongTermDebtMember_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Long-term Debt [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PaymentsForProceedsFromLoansAndLeases_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Payments For Proceeds From Loans And Leases</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PaymentsForProceedsFromLoansAndLeases_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Payments for (Proceeds from) Loans and Leases, Total</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PaymentsForProceedsFromLoansAndLeases_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Net (increase) decrease in loans and leases</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_CommercialBankingMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Commercial banking segment.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_CommercialBankingMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Commercial Banking [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_CommercialBankingMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Commercial Banking [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtDisclosureAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Debt Disclosure [Abstract]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_OtherComprehensiveIncomeAmortizationOfDefinedBenefitPlanActuarialLossRecognizedInNetPeriodicBenefitCostTaxEffect_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Other comprehensive income amortization of defined benefit plan actuarial loss recognized in net periodic benefit cost tax effect.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_OtherComprehensiveIncomeAmortizationOfDefinedBenefitPlanActuarialLossRecognizedInNetPeriodicBenefitCostTaxEffect_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Other Comprehensive Income Amortization Of Defined Benefit Plan Actuarial Loss Recognized In Net Periodic Benefit Cost Tax Effect</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_OtherComprehensiveIncomeAmortizationOfDefinedBenefitPlanActuarialLossRecognizedInNetPeriodicBenefitCostTaxEffect_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Amortization of actuarial losses, tax</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DerivativeLiabilityFairValueOfCollateral_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Derivative Liability Fair Value Of Collateral</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DerivativeLiabilityFairValueOfCollateral_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Post collateral requirements relating to positions</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ImpairedFinancingReceivablesTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Impaired Financing Receivables [Table Text Block]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ImpairedFinancingReceivablesTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Summary of Unpaid Principal Balance to Fair Value of PCD Loans and Leases by Portfolio Segment</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BasisOfAccountingPolicyPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Basis Of Accounting Policy Policy [Text Block]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BasisOfAccountingPolicyPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Basis of Accounting</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_DiscretionaryPortfolioMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Discretionary portfolio segment.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_DiscretionaryPortfolioMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Discretionary Portfolio [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_DiscretionaryPortfolioMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Discretionary Portfolio [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InterestRateSwapMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Interest Rate Swap [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InterestRateSwapMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Interest Rate Swap Agreements [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ProceedsFromIssuanceOfPreferredStockAndPreferenceStock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Proceeds from issuance of Series I preferred stock</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ProceedsFromIssuanceOfPreferredStockAndPreferenceStock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Proceeds from Issuance of Preferred Stock and Preference Stock</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_ConsolidatedEntitiesAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Consolidated Entities [Axis]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_ConsolidatedEntitiesAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Consolidated Entities</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_IncomeAttributableToUnvestedStockBasedCompensationAwardsDiluted_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Income attributable to unvested stock based compensation awards. This amount is used as a reduction to net income available to common equity in the calculation of net income available to common shareholders as used in the determination of diluted earnings per share.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_IncomeAttributableToUnvestedStockBasedCompensationAwardsDiluted_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Income Attributable To Unvested Stock Based Compensation Awards Diluted</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_IncomeAttributableToUnvestedStockBasedCompensationAwardsDiluted_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Less: Income attributable to unvested stock-based compensation awards</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_CommitmentsToSellRealEstateLoansMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Commitments to sell real estate loans.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_CommitmentsToSellRealEstateLoansMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Commitments To Sell Real Estate Loans [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_CommitmentsToSellRealEstateLoansMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Commitments to Sell Real Estate Loans [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DerivativeAssetFairValueOfCollateral_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Derivative Asset Fair Value Of Collateral</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DerivativeAssetFairValueOfCollateral_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Collateral relating to net asset positions</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DisaggregationOfRevenueTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Disaggregation Of Revenue Table [Text Block]</link:label>
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    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockIssuedDuringPeriodValueConversionOfUnits_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Stock Issued During Period, Value, Conversion of Units</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockIssuedDuringPeriodValueConversionOfUnits_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Common stock awards converted</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinancingReceivableAllowanceForCreditLossesRecovery_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Financing Receivable, Allowance for Credit Loss, Recovery</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinancingReceivableAllowanceForCreditLossesRecovery_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Recoveries</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncomeStatementLocationDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Income Statement Location [Domain]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncomeStatementLocationDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Income Statement Location</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLiabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Liabilities</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLiabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Total liabilities assumed</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_TreasuryStockValueAcquiredCostMethod_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Treasury Stock Value Acquired Cost Method</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_TreasuryStockValueAcquiredCostMethod_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Purchases of treasury stock</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_HeldToMaturitySecuritiesDebtMaturitiesWithoutSingleMaturityDateFairValue_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Held To Maturity Securities Debt Maturities Without Single Maturity Date Fair Value</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_HeldToMaturitySecuritiesDebtMaturitiesWithoutSingleMaturityDateFairValue_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Mortgage-backed securities held to maturity</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_OtherComprehensiveIncomeLossNetYieldAdjustmentFromCashFlowHedgesNetOfTax_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Other comprehensive income loss net yield adjustment from cash flow hedges, net of tax.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_OtherComprehensiveIncomeLossNetYieldAdjustmentFromCashFlowHedgesNetOfTax_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Other Comprehensive Income Loss Net Yield Adjustment From Cash Flow Hedges Net Of Tax</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_OtherComprehensiveIncomeLossNetYieldAdjustmentFromCashFlowHedgesNetOfTax_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Net yield adjustment from cash flow hedges currently in effect, net of tax</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LongTermDebt_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Long Term Debt</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LongTermDebt_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Long-term borrowings</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LongTermDebt_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Loan facility carrying amount</link:label>
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    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_EquitySecuritiesGrossUnrealizedGains_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Equity securities gross unrealized gains.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_EquitySecuritiesGrossUnrealizedGains_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Equity Securities Gross Unrealized Gains</link:label>
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    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CollateralizedDebtObligationsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Collateralized Debt Obligations [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CollateralizedDebtObligationsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Collateralized Debt Obligations [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_TextBlockAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Text Block [Abstract]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherComprehensiveIncomeLossBeforeTax_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Other Comprehensive Income Loss Before Tax</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherComprehensiveIncomeLossBeforeTax_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Total other comprehensive income (loss), before tax</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_MaximumExposureToLossOfInvestmentsInRealEstatePartnerships_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Maximum exposure to loss of investments in real estate partnerships.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_MaximumExposureToLossOfInvestmentsInRealEstatePartnerships_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Maximum Exposure To Loss Of Investments In Real Estate Partnerships</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_MaximumExposureToLossOfInvestmentsInRealEstatePartnerships_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Maximum exposure to loss of investments in real estate partnerships</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtInstrumentNameDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Debt Instrument, Name [Domain]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_DocumentFiscalYearFocus_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Document Fiscal Year Focus</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_DocumentFiscalYearFocus_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Document Fiscal Year Focus</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedAssetsBearingDepositsAtBanksAndOtherShortTermInvestments_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Business Combination Recognized Identifiable Assets Acquired and Liabilities Assumed Assets Bearing Deposits at Banks and Other Short-term Investments</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedAssetsBearingDepositsAtBanksAndOtherShortTermInvestments_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Business Combination Recognized Identifiable Assets Acquired and Liabilities Assumed Assets Bearing Deposits at Banks and Other Short-term Investments</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedAssetsBearingDepositsAtBanksAndOtherShortTermInvestments_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Interest-bearing deposits at banks and other short-term investments</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_CommonStockIssuableMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Common stock issuable.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_CommonStockIssuableMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Common Stock Issuable [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_CommonStockIssuableMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Common Stock Issuable [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinancingReceivablePortfolioSegmentAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Financing Receivable Portfolio Segment [Axis]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinancingReceivablePortfolioSegmentAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Financing Receivable Portfolio Segment</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_EarningsPerShareBasic_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Earnings Per Share Basic</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_EarningsPerShareBasic_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Basic</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_EarningsPerShareBasic_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Basic earnings per common share</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_EarningsPerShareBasic_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Earnings Per Share, Basic, Total</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DividendsCommonStockCash_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Dividends Common Stock Cash</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DividendsCommonStockCash_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Common stock cash dividends</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_OtherLoansMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Other loans.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_OtherLoansMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Other Loans [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_OtherLoansMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Other [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AssetsAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Assets [Abstract]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AssetsAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Assets</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_UnvestedStockBasedCompensationAwards_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Number of shares related to unvested stock-based compensation awards. This amount is a reduction in the calculation of weighted average shares outstanding for the earnings per share calculation.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_UnvestedStockBasedCompensationAwards_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Unvested Stock Based Compensation Awards</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_UnvestedStockBasedCompensationAwards_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Less: Unvested stock-based compensation awards</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_SubServicedResidentialMortgageLoansOfPrivatelyHeldCompany_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Outstanding principal balance of sub-serviced residential real estate loans for a privately-held specialty mortgage finance company.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_SubServicedResidentialMortgageLoansOfPrivatelyHeldCompany_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Sub Serviced Residential Mortgage Loans Of Privately Held Company</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_SubServicedResidentialMortgageLoansOfPrivatelyHeldCompany_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Outstanding principal balances of residential mortgage loans from Bayview Financial</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_OtherCostOfOperations_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Other cost of operations.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_OtherCostOfOperations_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Other cost of operations</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CashFlowHedgesDerivativeInstrumentsAtFairValueNet_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Cash Flow Hedges Derivative Instruments At Fair Value Net</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CashFlowHedgesDerivativeInstrumentsAtFairValueNet_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Cash flow hedges derivative instruments income</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CashFlowHedgesDerivativeInstrumentsAtFairValueNet_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Cash Flow Hedges Derivative Instruments at Fair Value, Net, Total</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_PcdAcquiredLoansMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">PCD acquired loans.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_PcdAcquiredLoansMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">PCD Acquired Loans Member</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_PcdAcquiredLoansMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">PCD Acquired Loans [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_TreasuryStockValue_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Treasury stock - common, at cost - 6,551,133 shares at September 30, 2022; 31,052,845 shares at December 31, 2021</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_TreasuryStockValue_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Treasury Stock Value</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_TreasuryStockValue_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Treasury Stock, Value, Total</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedInvestmentSecurities_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Business combination recognized identifiable assets acquired and liabilities assumed investment securities.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedInvestmentSecurities_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Investment securities</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedInvestmentSecurities_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Investment securities</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_CoreDepositAndOtherIntangibleAssetsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Core deposit and other intangible assets.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_CoreDepositAndOtherIntangibleAssetsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Core Deposit And Other Intangible Assets Member</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_CoreDepositAndOtherIntangibleAssetsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Core Deposit and Other Intangible Assets [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinancialInstrumentAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Financial Instrument [Axis]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinancialInstrumentAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Financial Instrument</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherNoninterestExpense_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Other Noninterest Expense</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherNoninterestExpense_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Other costs of operations</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_ResidentialBuilderAndDeveloperMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Residential builder and developer.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_ResidentialBuilderAndDeveloperMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Residential Builder And Developer [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_ResidentialBuilderAndDeveloperMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Residential Builder and Developer [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_CommitmentsToOriginateRealEstateLoansForSale_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Commitments to originate real estate loans for sale.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_CommitmentsToOriginateRealEstateLoansForSale_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Commitments To Originate Real Estate Loans For Sale</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_CommitmentsToOriginateRealEstateLoansForSale_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Commitments to originate real estate loans for sale</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ProvisionForLoanAndLeaseLosses_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Provision For Loan And Lease Losses</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ProvisionForLoanAndLeaseLosses_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Provision for credit losses</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ProvisionForLoanAndLeaseLosses_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Non-credit (discount)</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_AmortizedCostAndEstimatedFairValueOfDebtSecuritiesByContractualMaturityTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Amortized cost and estimated fair value of debt securities by contractual maturity.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_AmortizedCostAndEstimatedFairValueOfDebtSecuritiesByContractualMaturityTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Amortized Cost And Estimated Fair Value Of Debt Securities By Contractual Maturity Table [Text Block]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_AmortizedCostAndEstimatedFairValueOfDebtSecuritiesByContractualMaturityTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Amortized Cost and Estimated Fair Value of Debt Securities by Contractual Maturity</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_ReductionInAmortizationAmountOfDueToIncreaseInAmortizationPeriod_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Reduction in amortization amount of due to increase in amortization period.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_ReductionInAmortizationAmountOfDueToIncreaseInAmortizationPeriod_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Reduction in Amortization Amount of Due to Increase in Amortization Period</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_ReductionInAmortizationAmountOfDueToIncreaseInAmortizationPeriod_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Reduction in amortization amount of due to increase in amortization period</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncomeTaxesPaidNet_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Income Taxes Paid Net</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncomeTaxesPaidNet_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Income taxes paid during the period</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncomeTaxesPaidNet_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Income Taxes Paid, Net, Total</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_DefinedBenefitPensionPlanAmortizationPeriod_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Defined benefit pension plan amortization period.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_DefinedBenefitPensionPlanAmortizationPeriod_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Defined Benefit Pension Plan Amortization Period</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_DefinedBenefitPensionPlanAmortizationPeriod_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Defined benefit pension plan, amortization period</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfInterestRateDerivativesTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Schedule Of Interest Rate Derivatives Table [Text Block]</link:label>
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    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AccountsNotesAndLoansReceivableLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Accounts Notes And Loans Receivable [Line Items]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AccountsNotesAndLoansReceivableLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Accounts, Notes, Loans and Financing Receivable [Line Items]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NotesReceivableGross_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Loans pledged to secure outstanding borrowings</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NotesReceivableGross_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Current</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NotesReceivableGross_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Total Loans</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NotesReceivableGross_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Financing Receivable, before Allowance for Credit Loss, Total</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InternalCreditAssessmentDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Internal Credit Assessment [Domain]</link:label>
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    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AvailableforsaleSecuritiesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Availableforsale Securities [Member]</link:label>
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    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ValuationTechniqueAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Valuation Technique [Axis]</link:label>
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    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PreferredStockMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Preferred Stock [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PreferredStockMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Preferred Stock [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_CommitmentsToExtendCreditForResidentialRealEstateLoansToBeSold_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Commitments to extend credit for residential real estate loans to be sold.</link:label>
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    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_ClearinghouseCreditFacilitiesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Clearinghouse credit facilities.</link:label>
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    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_ScheduleOfAvailableForSaleSecuritiesAndHeldToMaturityLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Schedule of available for sale securities and held to maturity.</link:label>
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    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NoninterestIncome_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Noninterest Income</link:label>
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    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_FourPercentageFixedRateSubordinatedNotesDueToMatureInJuly2024Member_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Four Percentage Fixed Rate Subordinated Notes Due to Mature in July 2024 [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_FourPercentageFixedRateSubordinatedNotesDueToMatureInJuly2024Member_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">4.0% Fixed Rate Subordinated Notes Due Mature in July 2024 [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinancialInstrumentsFinancialLiabilitiesBalanceSheetGroupingsAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Financial Instruments Financial Liabilities Balance Sheet Groupings [Abstract]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinancialInstrumentsFinancialLiabilitiesBalanceSheetGroupingsAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Financial liabilities:</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughFiveYearsNetCarryingAmount_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Debt Securities, Held-to-Maturity, Amortized Cost, after Allowance for Credit Loss, Maturity, Allocated and Single Maturity Date, after Year One through Five</link:label>
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    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Available For Sale Securities Continuous Unrealized Losses Position Less Than Twelve Months Aggregate Losses</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Unrealized Losses Less Than 12 Months</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_LondonInterbankOfferedRatePlusBasisPoints_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">London Interbank offered rate plus basis points</link:label>
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    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_LondonInterbankOfferedRatePlusBasisPoints_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Number of basis points, or hundredths of one percent, added to the three month London Interbank Offered Rate to determine the dividend rate on Series E preferred stock after February 14, 2024.</link:label>
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    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueMeasurementsFairValueHierarchyDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Fair Value Hierarchy and NAV</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_TradingAccount_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Trading account.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_TradingAccount_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Trading Account</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_TradingAccount_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Trading account</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_CommercialBankingSegmentMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Commercial Banking Segment.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_CommercialBankingSegmentMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Commercial Banking Segment [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_CommercialBankingSegmentMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Commercial Banking [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FederalHomeLoanBankAdvancesCurrent_lbl" xlink:role="http://www.xbrl.org/2003/role/label">FHLB advances, current</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationTax_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification Tax</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationTax_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Unrealized [losses] on cash flow hedges</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueMeasurementFrequencyDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Fair Value Measurement Frequency [Domain]</link:label>
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    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_SeriesIFixedRateResetNonCumulativePerpetualPreferredStockMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Series I Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock [Member]</link:label>
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    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_SeriesIFixedRateResetNonCumulativePerpetualPreferredStockMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Series I fixed rate reset non cumulative perpetual preferred stock.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AffordableHousingTaxCreditsAndOtherTaxBenefitsAmount_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Affordable Housing Tax Credits And Other Tax Benefits Amount</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AffordableHousingTaxCreditsAndOtherTaxBenefitsAmount_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Federal tax credits and other federal tax benefits recognized</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_CoverAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Cover [Abstract]</link:label>
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    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_QuantitativeInformationRelatedToSignificantUnobservableInputsTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Quantitative Information Related To Significant Unobservable Inputs Table Text Block</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_ProductsAndServicesDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Products And Services [Domain]</link:label>
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    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AccountingChangesAndErrorCorrectionsAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Accounting Changes And Error Corrections [Abstract]</link:label>
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    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_BayviewFinancialMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Bayview Financial.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_BayviewFinancialMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Bayview Financial [Member]</link:label>
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    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_LongTermDebtTwoThousandTwentyMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Long term debt two thousand twenty.</link:label>
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    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_ProceedsFromSaleOfEquityAndOtherSecuritiesInvestments_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Proceeds from sale of equity and other securities investments.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_ProceedsFromSaleOfEquityAndOtherSecuritiesInvestments_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Proceeds From Sale Of Equity And Other Securities Investments</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_ProceedsFromSaleOfEquityAndOtherSecuritiesInvestments_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Proceeds from sales of investment securities equity and other</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Variable Interest Entity Primary Beneficiary [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Variable Interest Entity Primary Beneficiary [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InterestExpenseTimeDeposits_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Interest Expense Time Deposits</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InterestExpenseTimeDeposits_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Time deposits</link:label>
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    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommercialPortfolioSegmentMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Commercial Portfolio Segment [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Unrealized holding losses, net of tax</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SeriesGPreferredStockMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Series G Preferred Stock [Member]</link:label>
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    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_BusinessBankingSegmentMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Business Banking Segment.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_BusinessBankingSegmentMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Business Banking Segment [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_BusinessBankingSegmentMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Business Banking [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DerivativeInstrumentsGainLossLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Derivative Instruments Gain Loss [Line Items]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DerivativeInstrumentsGainLossLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Derivative Instruments, Gain (Loss) [Line Items]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NetCashProvidedByUsedInInvestingActivities_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Net Cash Provided By Used In Investing Activities</link:label>
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    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_RetailBankingSegmentMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Retail Banking Segment.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_RetailBankingSegmentMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Retail Banking Segment [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_RetailBankingSegmentMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Retail Banking [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CollateralAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Collateral [Axis]</link:label>
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    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_SeriesHPreferredStocksMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Series H Preferred Stocks [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_SeriesHPreferredStocksMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Series H preferred stocks.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueInputsLevel3Member_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Fair Value Inputs Level3 [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueInputsLevel3Member_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Significant Unobservable Inputs (Level 3) [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_CommitmentsToExtendCreditForCommercialAndOther_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Commitments to extend credit for commercial and other.</link:label>
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    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AccumulatedDefinedBenefitPlansAdjustmentMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Accumulated Defined Benefit Plans Adjustment [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AccumulatedDefinedBenefitPlansAdjustmentMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Defined Benefit Plans [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_LiborRatePlusAdditionalRate_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">LIBOR rate plus additional rate.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_LiborRatePlusAdditionalRate_lbl" xlink:role="http://www.xbrl.org/2003/role/label">LIBOR Rate Plus Additional Rate</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DerivativeFairValueOfDerivativeLiability_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Derivative Fair Value Of Derivative Liability</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DerivativeFairValueOfDerivativeLiability_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Liability Derivatives, Fair Value</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinancingReceivablesPeriodPastDueAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Financing Receivables Period Past Due [Axis]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinancingReceivablesPeriodPastDueAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Financial Asset, Aging</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_EquityAndOtherSecuritiesEstimatedFairValue_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Equity and other securities (cost: $832,604 at September 30, 2022; $461,516 at December 31, 2021)</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_EquityAndOtherSecuritiesEstimatedFairValue_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Equity and other securities estimated fair value.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_EquityAndOtherSecuritiesEstimatedFairValue_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Equity And Other Securities Estimated Fair Value</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_EquityAndOtherSecuritiesEstimatedFairValue_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Equity and other securities, Estimated Fair Value</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LoanRestructuringModificationAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Loan Restructuring Modification [Axis]</link:label>
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    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Out Of Level3</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Transfers out of Level 3</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ProvisionForLoanLossesExpensed_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Financing Receivable, Credit Loss, Expense (Reversal)</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ProvisionForLoanLossesExpensed_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Non-credit discount</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DerivativeAverageVariableInterestRate_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Derivative Average Variable Interest Rate</link:label>
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    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_DiscretionaryPortfolioSegmentMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Discretionary Portfolio [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_CommitmentsRegardingCommercialLettersOfCredit_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Commitments regarding commercial letters of credit.</link:label>
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    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_NonCompeteMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Non-compete.</link:label>
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    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommonStockSharesAuthorized_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Common Stock Shares Authorized</link:label>
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    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DerivativeAssetsLiabilitiesAtFairValueNet_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Derivative Assets Liabilities At Fair Value Net</link:label>
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    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_TradingSymbol_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Trading Symbol</link:label>
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    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DerivativeFairValueOfDerivativeAssetAmountOffsetAgainstCollateral_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Derivative Fair Value Of Derivative Asset Amount Offset Against Collateral</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DerivativeFairValueOfDerivativeAssetAmountOffsetAgainstCollateral_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Net fair value of derivative financial instruments in a net asset position</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DerivativeFairValueOfDerivativeAssetAmountOffsetAgainstCollateral_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Derivative Asset, Including Not Subject to Master Netting Arrangement, after Offset and Deduction, Total</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_EquitySecuritiesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Equity Securities [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_EquitySecuritiesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Equity Securities [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_AssumptionForFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesOptionAdjustedBasisSpreadOnVariableRate_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Assumption for fair value of interests continued to be held by transferor servicing assets or liabilities option adjusted basis spread on variable rate.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_AssumptionForFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesOptionAdjustedBasisSpreadOnVariableRate_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Assumption For Fair Value Of Interests Continued To Be Held By Transferor Servicing Assets Or Liabilities Option Adjusted Basis Spread On Variable Rate</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_AssumptionForFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesOptionAdjustedBasisSpreadOnVariableRate_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Discounted rate represented weighted-average option-adjusted basis spread point percentage</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NetIncomeLossAvailableToCommonStockholdersDiluted_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Net Income Loss Available To Common Stockholders Diluted</link:label>
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    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfImpairedFinancingReceivableTable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Schedule Of Impaired Financing Receivable [Table]</link:label>
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    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_InterestRateAndForeignExchangeContractsNotDesignatedAsHedgingInstruments_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Interest rate and foreign exchange contracts not designated as hedging instruments</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_InterestRateAndForeignExchangeContractsNotDesignatedAsHedgingInstruments_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Interest rate and foreign exchange contracts not designated as hedging instruments</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FederalDepositInsuranceCorporationPremiumExpense_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Federal Deposit Insurance Corporation Premium Expense</link:label>
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    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_PrintingPostageAndSupplies_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Printing, postage and supplies.</link:label>
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    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CashAndDueFromBanks_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Cash And Due From Banks</link:label>
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    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BalanceSheetLocationAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Balance Sheet Location [Axis]</link:label>
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    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Debt Securities, Held-to-Maturity, Fair Value, Maturity, Allocated and Single Maturity Date, after Year One Through Five</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Due after one year through five years</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ComprehensiveIncomeNetOfTax_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Comprehensive Income Net Of Tax</link:label>
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    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_VariableRateSeniorNotesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Variable Rate Senior Notes [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_VariableRateSeniorNotesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Variable Rate Senior Notes [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_VariableRateSeniorNotesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Variable Rate Senior Notes</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_TransferOfLoansHeldForSaleToPortfolioLoans1_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Loans held for sale transferred to loans held for investment</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_TransferOfLoansHeldForSaleToPortfolioLoans1_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Transfer of Loans Held-for-sale to Portfolio Loans</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_CommonStockIssuableShare_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Number of shares of common stock issuable in connection with deferred compensation plans.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_CommonStockIssuableShare_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Common Stock Issuable Share</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_CommonStockIssuableShare_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Common stock issuable, shares</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Investment securities available for sale, gross unrealized losses</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AccumulatedOtherComprehensiveIncomeLossLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Accumulated Other Comprehensive Income Loss [Line Items]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AccumulatedOtherComprehensiveIncomeLossLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Accumulated Other Comprehensive Income (Loss) [Line Items]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtSecuritiesUnrealizedGainLoss_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Debt Securities Unrealized Gain Loss</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtSecuritiesUnrealizedGainLoss_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Unrealized losses on individual debt securities</link:label>
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    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CashFlowHedgingMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Cash Flow Hedging [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CashFlowHedgingMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Cash Flow Hedges [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_FairValueOfPurchasedLoansAndLeases_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Fair value of Purchased loans and leases.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_FairValueOfPurchasedLoansAndLeases_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Fair value of Purchased loans and leases</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_FairValueOfPurchasedLoansAndLeases_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Fair value</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_CommitmentsToExtendCreditForHomeEquityLinesOfCredit_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Commitments to extend credit for home equity lines of credit.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_CommitmentsToExtendCreditForHomeEquityLinesOfCredit_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Commitments To Extend Credit For Home Equity Lines Of Credit</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_CommitmentsToExtendCreditForHomeEquityLinesOfCredit_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Home equity lines of credit</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_MortgageBackedSecuritiesHeldToMaturityFairValueDisclosure_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Mortgage Backed Securities Held To Maturity Fair Value Disclosure</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_MortgageBackedSecuritiesHeldToMaturityFairValueDisclosure_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Investment securities in held-to-maturity portfolio securitized by Bayview Financial</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtAndEquitySecuritiesGainLoss_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Gain/(loss) on bank investment securities</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtAndEquitySecuritiesGainLoss_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Debt And Equity Securities Gain Loss</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtAndEquitySecuritiesGainLoss_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Gains (losses) on equity securities</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtAndEquitySecuritiesGainLoss_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Debt and Equity Securities, Gain (Loss), Total</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_InitialEstimateOfExpectedCreditLosses_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Initial estimate of expected credit losses.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_InitialEstimateOfExpectedCreditLosses_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Initial Estimate Of Expected Credit Losses</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_InitialEstimateOfExpectedCreditLosses_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Initial estimate of expected credit losses</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommonStockParOrStatedValuePerShare_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Common Stock Par Or Stated Value Per Share</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommonStockParOrStatedValuePerShare_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Common stock, par value</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinancialAssetNotPastDueMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Financial Asset Not Past Due [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinancialAssetNotPastDueMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Current [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ConvertiblePreferredStockConvertedToOtherSecurities_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Convertible Preferred Stock Converted to Other Securities</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ConvertiblePreferredStockConvertedToOtherSecurities_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Fair value of Preferred stock converted</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockIssuedDuringPeriodValueConversionOfConvertibleSecurities_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Stock Issued During Period, Value, Conversion of Convertible Securities</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockIssuedDuringPeriodValueConversionOfConvertibleSecurities_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Conversion of Series H preferred stock</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AllowanceForCreditLossesOnFinancingReceivablesTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Allowance For Credit Losses On Financing Receivables Table [Text Block]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AllowanceForCreditLossesOnFinancingReceivablesTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Changes in Allowance for Credit Losses</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_MeasurementInputAdjustments_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Measurement input adjustments.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_MeasurementInputAdjustments_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Measurement Input Adjustments</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_MeasurementInputAdjustments_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Discount rates for fair value estimations</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_OtherAssetsAndOtherLiabilitiesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Other assets and other liabilities.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_OtherAssetsAndOtherLiabilitiesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Other Assets And Other Liabilities [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_OtherAssetsAndOtherLiabilitiesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Other Assets and Other Liabilities [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterFiveThroughTenYearsNetCarryingAmount_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Debt Securities, Held-to-Maturity, Amortized Cost, after Allowance for Credit Loss, Maturity, Allocated and Single Maturity Date, after Year 5 through 10</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterFiveThroughTenYearsNetCarryingAmount_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Due after five years through ten years</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_TradingActivityByTypeDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Trading Activity By Type [Domain]</link:label>
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    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockIssuedDuringPeriodValueAcquisitions_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Common stock issued</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DefinedBenefitPlanDisclosureLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Defined Benefit Plan Disclosure [Line Items]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DefinedBenefitPlanDisclosureLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Defined Benefit Plan Disclosure [Line Items]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DerivativeInstrumentRiskAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Derivative Instrument Risk [Axis]</link:label>
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    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1</link:label>
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    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_CommitmentsToExtendCreditForOtherResidentialRealEstate_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Commitments to extend credit for other residential real estate.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_CommitmentsToExtendCreditForOtherResidentialRealEstate_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Commitments To Extend Credit For Other Residential Real Estate</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_CommitmentsToExtendCreditForOtherResidentialRealEstate_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Other residential real estate</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_CommercialFinancialLeasingMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Commercial financial leasing.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_CommercialFinancialLeasingMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Commercial Financial Leasing [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="mtb_CommercialFinancialLeasingMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Commercial, Financial, Leasing, etc. [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_EstimateOfFairValueFairValueDisclosureMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Estimate Of Fair Value Fair Value Disclosure [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_EstimateOfFairValueFairValueDisclosureMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Cumulative Amount of Fair Value Hedging Adjustment Increasing (Decreasing) the Carrying Amount [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedOtherNoncurrentAssets_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Other Noncurrent Assets</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedOtherNoncurrentAssets_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Other assets</link:label>
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    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinancingReceivableRecordedInvestment90DaysPastDueAndStillAccruing_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Accruing Loans Past Due 90 Days or More</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtInstrumentLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Debt Instrument [Line Items]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LongtermDebtTypeDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Long-Term Debt, Type [Domain]</link:label>
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