M&T Bank Decreases Prime Rate

M&T Bank (NYSE:MTB) announced it will decrease its prime lending rate by 25 basis points from 7.50% to 7.25%.

Rhea-AI Summary

M&T Bank (NYSE:MTB) announced it will decrease its prime lending rate by 25 basis points from 7.50% to 7.25%. The rate change will become effective on Thursday, September 18, 2025. This adjustment in the prime rate reflects changes in the broader interest rate environment and will affect various lending products tied to the bank's prime rate.

Positive

• Lower prime rate could stimulate borrowing and loan growth
• Demonstrates bank's responsiveness to market conditions

Negative

• Reduced interest income potential from prime-based loans
• Lower net interest margin potential

Argus Sep 17 session

+1.70% close to close Open Argus

Details

News Market Reaction – MTB

On Sep 17, the day this news came out, MTB closed 1.70% above the previous close.

Data tracked by StockTitan Argus for the Sep 17 session.

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BUFFALO, N.Y., Sept. 17, 2025 /PRNewswire/ -- Effective Thursday, September 18, 2025, M&T Bank Corporation ("M&T") (NYSE:MTB) will decrease its prime lending rate from 7.50% to 7.25%.

About M&T 
M&T Bank Corporation 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
flentini@mtb.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/mt-bank-decreases-prime-rate-302559617.html

SOURCE M&T Bank Corporation

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is M&T Bank's (MTB) new prime lending rate for September 2025?

M&T Bank's new prime lending rate will be 7.25%, decreased from 7.50%, effective September 18, 2025.

When will M&T Bank's prime rate change take effect?

The prime rate change will take effect on Thursday, September 18, 2025.

How much did M&T Bank (MTB) decrease its prime rate?

M&T Bank decreased its prime rate by 25 basis points, from 7.50% to 7.25%.

What does a prime rate decrease mean for M&T Bank customers?

A decrease in the prime rate typically means lower interest rates for customers with loans tied to the prime rate, including certain business loans, credit cards, and lines of credit.