M&T Bank Corporation (MTB)

M&T Bank announced a quarterly cash dividend of $1.35 per share on May 20, 2025. On July 16, 2025, the company reported its Q2 CY2025 results, exceeding market revenue expectations and analyst estimates, and executed $1.1 billion in share repurchases. M&T Bank announced an increase in its quarterly cash dividend to $1.50 per share on August 19, 2025. The bank announced a decrease in its prime lending rate from 7.50% to 7.25% on September 17, 2025, and also announced its third-quarter 2025 earnings release and conference call. M&T Bank expanded its physical footprint with the opening of a new branch in Baltimore, MD, on September 25, 2025. Piper Sandler initiated coverage of M&T Bank with an "Overweight" rating, while Morgan Stanley downgraded M&T Bank to "Equalweight" on October 6, 2025. Insider selling has been observed in the past three months, and the stock price increased by 12.74% between October 2, 2024, and October 1, 2025.

M&T Bank's products and services exhibit some seasonality. The company has observed seasonal outflows in Q1 for deposits. Nonaccrual loan balances have shown a tendency to tick up a bit in Q2, in keeping with seasonal trends. Noninterest expenses, particularly related to salaries and benefits, have seen increases in the first quarter due to seasonal factors. A decline in brokered deposits in Q1 has also been noted to affect revenues from service charges on deposit accounts.

M&T Bank Corporation is a regional financial services company operating as a bank holding company for Manufacturers and Traders Trust Company and Wilmington Trust, National Association. The company focuses on commercial real estate and commercial-related lending, with significant retail operations. It operates in the Financial Services sector and the Regional Banks industry. M&T Bank offers retail banking services including checking and savings accounts, loans, and mortgages through branches and digital channels. Commercial banking services include business accounts, loans, treasury management, and merchant services. Wealth management and investment services are provided through Wilmington Trust, offering financial planning, investment management, and trust services. The bank also offers various insurance products.

M&T Bank has a strong presence in the Northeast and Mid-Atlantic regions of the United States. As of July 2025, the company operates 1,008 bank branches across 13 states and the District of Columbia, including New York, Pennsylvania, Maryland, Connecticut, New Jersey, Massachusetts, Delaware, Vermont, New Hampshire, Virginia, Maine, West Virginia, and Florida. M&T Bank is noted for dominating secondary markets like Buffalo, Baltimore, Hartford, Rochester, and Syracuse.

M&T Bank maintains a solid brand reputation, recognized for its community-focused approach and customer service. The company has been listed on Forbes' "America's Best Employers For Company Culture (2025)," "America's Best Employers By State (2025)," and "Global 2000 (2025)." The release of its 2024 Sustainability Report in September 2025 highlighted progress on community investments and key business priorities. M&T Bank became a founding sponsor of CenterState CEO's INSPYRE Innovation Hub in September 2025.

Institutional investors hold a significant majority of M&T Bank Corp.'s shares, ranging from 89% to 90%. Major institutional owners include Vanguard Group Inc., BlackRock, Inc., Fmr Llc, Wellington Management Group Llp, State Street Corp, Morgan Stanley, and JPMorgan Chase & Co. Individual insider ownership is less than 1% of the company's stock. Jorge G. Pereira owns 3.79% of the company's shares.