M&T Bank Corporation Announces Quarterly Preferred Stock Dividends

Rhea-AI Summary

M&T Bank Corporation (NYSE:MTB) declared quarterly cash dividends on two series of perpetual preferred stock payable December 15, 2025 to holders of record at the close of business on December 1, 2025.

• Series H Preferred Stock: dividend of $0.3515625 per share (fixed-to-floating, non-cumulative).
• Series J Preferred Stock: dividend of $187.50 per share (equivalent to $0.46875 per depositary share, 7.500% non-cumulative).

Positive

• Series H dividend set at $0.3515625 per share payable Dec 15, 2025
• Series J dividend set at $187.50 per share ($0.46875 per depositary share) payable Dec 15, 2025
• Clear record date of Dec 1, 2025 provides timeline for shareholders

Negative

• Cash outflow obligation on Dec 15, 2025 for declared preferred dividends

News Market Reaction – MTB

+0.23%

+0.23% Session close to close

In the Oct 22 session, MTB gained 0.23%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

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BUFFALO, N.Y., Oct. 21, 2025 /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"), payable December 15, 2025 to shareholders of record at the close of business on December 1, 2025.
• 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"), payable December 15, 2025 to shareholders of record at the close of business December 1, 2025.

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. © 2025 M&T Bank. NMLS# 381076. Member FDIC. All rights reserved. 

Investor Contact:
Brian Klock
(716) 842-5138

Media Contact:
Frank Lentini
(929) 651-0447

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SOURCE M&T Bank Corporation

FAQ

What dividend did M&T Bank (MTB) declare for Series H preferred stock on Oct 21, 2025?

M&T declared a quarterly dividend of $0.3515625 per share on Series H, payable Dec 15, 2025 to shareholders of record at close of business Dec 1, 2025.

What is the dividend and depositary share equivalent for M&T Bank (MTB) Series J preferred on Oct 21, 2025?

M&T declared a dividend of $187.50 per share, equivalent to $0.46875 per depositary share, payable Dec 15, 2025 to holders of record Dec 1, 2025.

When is the record date and payment date for M&T Bank (MTB) preferred dividends declared Oct 21, 2025?

The record date is Dec 1, 2025 (close of business) and the payment date is Dec 15, 2025.

Are M&T Bank's (MTB) declared preferred dividends cumulative according to the Oct 21, 2025 notice?

No; both Series H and Series J are described as non-cumulative in the declaration.

What type of preferred stock is Series H per M&T Bank's Oct 21, 2025 declaration?

Series H is described as Perpetual Fixed-to-Floating Rate Non-Cumulative Preferred Stock.