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M&T Bank Corporation Announces Second Quarter Dividends

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M&T Bank Corporation (NYSE:MTB) declared a $1.50 quarterly cash dividend on common stock, payable June 30, 2026, to holders of record at the close of business on June 1, 2026.

The company also declared quarterly dividends on three series of perpetual preferred stock: $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. Each preferred dividend is payable June 15, 2026, to holders of record on June 1, 2026.

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Positive

  • Common dividend of $1.50 per share declared
  • Common dividend payable June 30, 2026 to record holders on June 1, 2026
  • Preferred dividends declared and scheduled for June 15, 2026 across Series H, J, K

Negative

  • Near-term cash obligations from common dividend payable June 30, 2026
  • Additional cash payouts for preferred series payable June 15, 2026

News Market Reaction – MTB

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In the Apr 22 session, MTB declined 0.61%, reflecting a mild negative market reaction.

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BUFFALO, N.Y., April 21, 2026 /PRNewswire/ -- M&T Bank Corporation ("M&T") (NYSE:MTB) announced that it has declared a quarterly cash dividend of $1.50 per share on its common stock. The dividend will be payable June 30, 2026, to shareholders of record at the close of business on June 1, 2026.

M&T has also 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 perpetual preferred stock dividend will be payable June 15, 2026 to shareholders of record at the close of business on June 1, 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:
Rajiv Ranjan
Steve Wendelboe
(716) 842-5138

Media Contact:
Frank Lentini
(929) 651-0447

M&T Bank Corporation

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/mt-bank-corporation-announces-second-quarter-dividends-302749335.html

SOURCE M&T Bank Corporation

FAQ

What dividend did M&T Bank (MTB) declare for common shareholders on April 21, 2026?

M&T declared a $1.50 quarterly cash dividend for common shareholders. According to the company, the dividend is payable June 30, 2026, to shareholders of record at the close of business on June 1, 2026.

When will M&T Bank (MTB) pay its declared common dividend and who is eligible?

The common dividend is payable June 30, 2026 to shareholders of record on June 1, 2026. According to the company, only holders on the June 1 record date are eligible for payment.

What are the preferred stock dividends M&T Bank (MTB) declared on April 21, 2026?

M&T declared preferred dividends: $0.3515625 Series H, $187.50 Series J (or $0.46875 per depositary share), and $158.75 Series K (or $0.396875 per depositary share). According to the company, each is payable June 15, 2026.

What record date applies to M&T Bank's (MTB) June 2026 dividend payments?

Both common and preferred dividends use a June 1, 2026 record date for eligibility. According to the company, holders of record at the close of business on June 1 will receive the scheduled payments.

How does the Series J preferred dividend translate to depositary shares for M&T Bank (MTB)?

The Series J dividend equals $187.50 per preferred share, which is $0.46875 per depositary share. According to the company, the payout is scheduled for June 15, 2026 to record holders on June 1.