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M&T Bank and The Florida Bar Renew Relationship to Expand Access to the M&T Bank Nota Platform

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M&T Bank (NYSE:MTB) renewed its relationship with The Florida Bar, continuing to offer members free access to the cloud-based Nota platform for managing Interest on Trust Accounts (IOTA).

The platform has added reconciliation improvements, expanded integrations, UX upgrades, and compliance-focused features, and is used by over 900 Florida Bar members.

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Negative

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News Market Reaction – MTB

+1.74%
+1.74% Session close to close

In the Jun 11 session, MTB gained 1.74%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Market Context

This announcement renews M&T Bank’s relationship with The Florida Bar, extending free access to the ...
Analysis

This announcement renews M&T Bank’s relationship with The Florida Bar, extending free access to the Nota platform and reflecting adoption by over 900 members. It underscores MTB’s focus on specialized, cloud-based services that address trust accounting and regulatory alignment for attorneys. In context of recent strong Q1 2026 results and ongoing capital returns, this adds a client-focused, fee-generating dimension. Investors may watch future disclosures for usage growth metrics, revenue contribution, and expansion to additional professional groups.

Key Figures

Florida Bar Nota users: over 900 members
1 metrics
Florida Bar Nota users over 900 members Florida Bar members using Nota since launch

Historical Context

5 past events · Latest: May 21 (Neutral)
Pattern 5 events
Date Event Sentiment 24h Move Catalyst
May 21 Conference participation Neutral +0.4% Announced participation in Morgan Stanley US Financials Conference with webcast access.
Apr 22 Conference participation Neutral -0.5% Planned presentation at Barclays Americas Select Franchise Conference in London.
Apr 21 Dividend declaration Positive -0.5% Declared $1.50 common dividend and quarterly preferred dividends for Q2 2026.
Apr 15 Earnings results Positive -1.6% Reported higher Q1 2026 net income of $664M and EPS of $4.13 with wider NIM.
Mar 31 Community financing Positive +2.8% Financing to restore Sagamore Village, preserving 200 affordable housing units.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

Positive fundamental or capital return news (earnings, dividends) has sometimes seen negative next-day moves, while community/impact news has coincided with gains.

Recent Company History

Over the past few months, M&T Bank reported strong Q1 2026 results with net income of $664 million and diluted EPS of $4.13, alongside participation in major investor conferences in May and June 2026. The company announced a $1.50 quarterly common dividend and maintained capital returns through repurchases and dividends. It also financed the restoration of 200 affordable housing units at Sagamore Village. Today’s Nota platform renewal fits into this pattern of incremental client- and community-oriented initiatives layered on top of solid financial performance.

Key Terms

interest on trust accounts (iota), cloud-based
2 terms
interest on trust accounts (iota) financial
"a cloud-based solution designed to help attorneys manage Interest on Trust Accounts (IOTA)"
Interest on trust accounts (IOTA) is the small amount of interest earned when businesses or professionals hold client money in pooled trust accounts instead of separate accounts for each client; that interest is collected and typically directed to public programs or returned under regulatory rules. Investors care because IOTA affects how firms handle client funds, can create regulatory compliance obligations and modestly influence reported cash flow or legal costs, similar to how the bank’s interest on a joint piggy bank is allocated by agreed rules.
cloud-based technical
"free access to the M&T Bank Nota platform, a cloud-based solution designed to help"
Software, data or services that run on remote computers accessed over the internet instead of on a user’s own device; think of renting storage, apps and computing power in someone else’s warehouse rather than buying and maintaining the gear yourself. Investors care because cloud-based models can lower a company’s upfront costs, speed product updates, scale quickly with demand and create recurring revenue, all of which affect cash flow, growth prospects and valuation.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Enhanced platform reflects continued momentum, user-informed innovation and growing adoption among attorneys

BUFFALO, N.Y. and TALLAHASSEE, Fla., June 11, 2026 /PRNewswire/ -- M&T Bank (NYSE:MTB) today announced the renewal of its relationship with The Florida Bar to continue providing members with free access to the M&T Bank Nota platform, a cloud-based solution designed to help attorneys manage Interest on Trust Accounts (IOTA) more efficiently.

The renewed agreement builds on M&T Bank and The Florida Bar's initial collaboration announced in June 2023, when Nota was introduced as a member benefit to help attorneys navigate the complexities of trust accounting while staying aligned with regulatory requirements.

Since launch, the platform has continued to evolve through close collaboration with Florida Bar members, with ongoing enhancements designed to better support how attorneys manage their practices day to day.

Sean McCabe, Director of Business Banking Products, M&T Bank, said, "This collaboration has been defined by steady progress and practical improvements that reflect how attorneys actually manage their work. As adoption has grown, so has the platform's ability to support more efficient, accurate trust account management."

Developed to address the complexity and precision required in trust account management, Nota provides attorneys with greater visibility into account activity while supporting reconciliation and financial workflows within a single platform. By reducing reliance on manual processes, the platform helps firms operate with increased confidence and efficiency.

The renewed relationship reflects continued momentum, with Nota increasingly becoming part of how attorneys manage trust accounting in their daily practice. Since the launch of this initiative, over 900 Florida Bar members have taken advantage of Nota as a member benefit.

Rosalyn Sia Baker-Barnes, President, The Florida Bar, said, "Our members are looking for practical solutions that help them manage complex responsibilities with greater ease and confidence. Nota has become a valuable resource in that effort, and this renewed relationship ensures continued access to a tool that supports their work."

Enhancements to Nota introduced since the initial launch include:

  • Improved reconciliation workflows designed to reduce manual steps and support accuracy
  • Expanded integrations with commonly used legal and financial tools
  • User experience enhancements informed by ongoing feedback from attorneys
  • Continued investment in features that support compliance and audit readiness

The renewal comes as adoption of digital tools continues to increase across the legal sector, particularly among solo practitioners and small firms. At the time of launch, these firms represented a significant share of Florida attorneys and faced increasing pressure to manage trust accounts efficiently and in line with regulatory requirements.

Nota remains available to The Florida Bar's members as part of its Member Benefits Program.*

For more information, please visit mtb.com/thefloridabar.

ABOUT M&T BANK

M&T Bank is a financial holding company headquartered in Buffalo, New York. M&T's principal banking subsidiary, M&T Bank, provides banking products and services with a branch and ATM network spanning the eastern U.S. from Maine to Virginia and Washington, D.C. Trust-related services are provided in select markets in the U.S. and abroad by M&T's Wilmington Trust-affiliated companies and by M&T Bank. For more information about M&T Bank, visit www.mtb.com.

Equal Housing Lender. © 2026 M&T Bank.NMLS# 381076. Member FDIC. All rights reserved.

ABOUT THE FLORIDA BAR

Founded in 1949, The Florida Bar serves the legal profession for the protection and benefit of both the public and all Florida lawyers. As one of the nation's largest mandatory bars, The Florida Bar fosters and upholds a high standard of integrity and competence within Florida's legal profession as an official arm of the Florida Supreme Court. To learn more, visit www.FloridaBar.org.

* M&T Nota will waive the $25 per month monthly maintenance fee for Florida Bar members as a member benefit of The Florida Bar. This benefit is available to current, active members of The Florida Bar and is subject to verification of membership status. This offer is contingent upon the member maintaining their active status with the Florida Bar and may be subject to change at any time. Additional terms and conditions may apply.

Nota is a product/service offered by M&T Bank. Use of Nota does not ensure compliance with state rules and regulations applicable to Clients' Funds Trust Accounts (IOLTA / IOLA) . The advertised product/services and their features and availability are subject to change without notice at any time. Use of the product/service is subject to and governed by certain terms, conditions, and agreements required by Nota. Attorneys whose offices and practices are in NY, NJ, MD, PA, DE, CT, VA, DC, NH, MA, ME, VT, FL, or WV are eligible for banking products/services through M&T Bank. The use of such M&T banking services is subject to certain terms, conditions, and agreements required by M&T.

Media Contacts:
Frank Lentini, Nota
(929) 651-0447 / flentini@mtb.com

Jennifer Krell Davis, The Florida Bar
(850) 561-5670 / jkrelldavis@floridabar.org

M&T Bank Corporation

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/mt-bank-and-the-florida-bar-renew-relationship-to-expand-access-to-the-mt-bank-nota-platform-302798103.html

SOURCE M&T Bank Corporation

FAQ

What did M&T Bank (NYSE:MTB) announce about its relationship with The Florida Bar on June 11, 2026?

M&T Bank announced it renewed its relationship with The Florida Bar, maintaining free access to the Nota trust accounting platform for members. According to M&T Bank, this extends a collaboration that began in June 2023 to support attorney trust account management.

What is the M&T Bank Nota platform offered to Florida Bar members?

Nota is a cloud-based platform designed to help attorneys manage Interest on Trust Accounts (IOTA) more efficiently. According to M&T Bank, it supports reconciliation, financial workflows, and visibility into account activity within a single system for Florida Bar members.

How many Florida Bar members use the M&T Bank Nota platform as of June 2026?

Over 900 Florida Bar members have used the Nota platform as a member benefit. According to M&T Bank, this reflects growing adoption of digital trust accounting tools among attorneys, especially solo practitioners and small firms managing regulatory requirements.

What enhancements has M&T Bank made to the Nota platform for Florida Bar members?

M&T Bank has added improved reconciliation workflows, expanded integrations, user experience upgrades, and features supporting compliance and audit readiness. According to M&T Bank, these changes are informed by ongoing feedback from Florida Bar attorneys using the platform daily.

Is the M&T Bank Nota platform free for Florida Bar members after the 2026 renewal?

Yes, Nota continues to be available free to Florida Bar members through the Member Benefits Program. According to M&T Bank, the renewed agreement preserves complimentary access while the platform evolves to better support trust account management needs.

How does the M&T Bank Nota platform help attorneys with trust accounting compliance?

Nota centralizes trust account activity, reconciliation, and financial workflows in one platform to reduce manual processes. According to M&T Bank, this design supports accuracy, efficiency, and audit readiness, helping attorneys stay aligned with applicable trust accounting regulations.