M&T Bank Corporation Announces Quarterly Preferred Stock Dividends

Rhea-AI Summary

M&T Bank Corporation (NYSE: MTB) has declared quarterly cash dividends on three series of its perpetual preferred stock. The company set a dividend of $0.3515625 per share for Series H preferred stock, $187.50 per share (equivalent to $0.46875 per depositary share) for Series J preferred stock, and $158.75 per share (equivalent to $0.396875 per depositary share) for Series K preferred stock. Each dividend is payable March 16, 2026 to shareholders of record at the close of business on March 2, 2026.

Positive

• Declared quarterly cash dividends for Series H, Series J, and Series K
• Set specific per-share and per-depositary-share amounts with a March 16, 2026 payment date

Negative

• None.

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In the Jan 22 session, MTB declined 0.78%, reflecting a mild negative market reaction.

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BUFFALO, N.Y., Jan. 21, 2026 /PRNewswire/ -- M&T Bank Corporation ("M&T") (NYSE: MTB) announced that it has declared quarterly cash dividends on the following series of perpetual preferred stock:

• A dividend of $0.3515625 per share on its Perpetual Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series H ("Series H Preferred Stock")
• A dividend of $187.50 per share (equivalent to $0.46875 per depositary share) on its Perpetual 7.500% Non-Cumulative Preferred Stock, Series J ("Series J Preferred Stock")
• A dividend of $158.75 per share (equivalent to $0.396875 per depositary share) on its Perpetual 6.350% Non-Cumulative Preferred Stock, Series K ("Series K Preferred Stock")

Each dividend will be payable March 16, 2026 to shareholders of record at the close of business on March 2, 2026.

About M&T
M&T 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. 

Investor Contact:
Steve Wendelboe
(716) 842-5138

Media Contact:
Frank Lentini
(929) 651-0447

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SOURCE M&T Bank

FAQ

What dividends did M&T Bank (MTB) declare on Jan 21, 2026 for preferred stock?

M&T declared $0.3515625 per share for Series H; $187.50 per share (or $0.46875 per depositary share) for Series J; and $158.75 per share (or $0.396875 per depositary share) for Series K.

When will M&T Bank (MTB) pay the declared preferred stock dividends?

Each dividend is payable on March 16, 2026 to holders of record at the close of business on March 2, 2026.

Which M&T preferred stock dividend is stated per depositary share?

Series J is $0.46875 per depositary share and Series K is $0.396875 per depositary share.

Are the declared dividends for M&T (MTB) cumulative or non-cumulative?

The announced dividends apply to perpetual preferred series designated as non-cumulative (Series H is fixed-to-floating non-cumulative; Series J and K are non-cumulative).

Do the declared dividends affect common stockholders of M&T Bank (MTB)?

The declaration applies only to the specified perpetual preferred stock series; no common stock dividend information was provided.