Welcome to our dedicated page for M&T Bank news (Ticker: $MTB), a resource for investors and traders seeking the latest updates and insights on M&T Bank stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect M&T Bank's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of M&T Bank's position in the market.
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M&T Bank (MTB) Chairman and CEO René Jones releases annual letter to shareholders, emphasizing strong financial performance and commitment to growth.
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End-of-Day
2.79%
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M&T Bank Charitable Foundation allocates $100,000 grant to support career development and leadership program for minority college students in New York City through the Jackie Robinson Foundation.
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End-of-Day
1.17%
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M&T Bank Corporation (MTB) declares a quarterly cash dividend of $1.30 per share on its common stock, payable on March 29, 2024.
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End-of-Day
0.63%
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M&T Bank Corporation (NYSE:MTB) will present at the RBC Financial Institutions Conference in New York City on March 6, 2024. The webcast will provide material and forward-looking information for investors and analysts.
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0.44%
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M&T Bank's philanthropic arm, the M&T Charitable Foundation, announced $8.2 million in donations to 68 nonprofit organizations as part of the Amplify Fund commitment to address racial equity and social justice issues. This is the second round of giving from the $25 million fund, focusing on supporting low- and moderate-income communities and underrepresented populations. The fund was established following the merger with People's United Bank, with the first round of funding totaling over $11.8 million for various initiatives.
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Rhea-AI Sentiment
End-of-Day
-2.93%
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M&T Realty Capital Corporation, a subsidiary of M&T Bank, achieved record production volume in 2023 for Seniors Housing financing, ranking as the #1 Fannie Mae DUS Producer and #2 Freddie Mac Seniors Housing Lender. The team financed 32 properties across 11 states, totaling $575MM in closed loans, showcasing expertise in various property types.
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2.55%
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M&T Realty Capital Corporation, a subsidiary of M&T Bank, has announced key organizational changes to drive business growth. The current President, Michael Edelman, will succeed the CEO, Michael Berman, who will transition to the role of Executive Advisor. The company has also made other key leadership appointments to drive strategic partnerships and new growth strategies.
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-0.11%
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M&T Bank Corporation reports quarterly net income of $482 million, with diluted earnings per share of $2.74, and full-year net income of $2.74 billion, with diluted earnings per share of $15.79. The company's net interest income, noninterest income, and noninterest expense have fluctuated, impacting its net income, earnings per share, and return on average assets and common shareholders' equity. The CET1 capital ratio increased to 10.98%, reflecting a stronger capital position. However, the provision for credit losses increased, impacting the company's asset quality. The company's noninterest expense has risen, primarily due to a special assessment from the FDIC. M&T Bank enters 2024 with strengthened relationships with customers and increased average commercial and consumer loans and deposits.
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Rhea-AI Sentiment
End-of-Day
1.47%
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M&T Bank Corporation (MTB) has announced a quarterly cash dividend of $0.3515625 per share on its Perpetual Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series H. The dividend will be payable on March 15, 2024, to shareholders of record at the close of business on March 1, 2024.
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1.47%
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M&T Bank Corporation (NYSE:MTB) will announce its Q4 and full-year 2023 earnings on January 18, 2024, followed by a conference call and webcast to discuss the results.
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Rhea-AI Sentiment
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1.68%
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M&T Bank Corp.
NYSE:MTB
MTB Rankings
MTB Stock Data
25.87B
165.49M
0.45%
86.51%
2.14%
Commercial Banking
Finance and Insurance
United States of America
BUFFALO
About MTB
m&t bank corporation is one of the 20 largest commercial bank holding companies in the u.s. with over 15,000 employees and more than 700 branches, m&t serves more than two million consumer households and commercial clients. established over 150 years ago in buffalo, n.y., we’re regarded as one of the strongest and most highly respected regional banks in the country. through our affiliate, wilmington trust, we are also a premier provider of wealth management and corporate trust solutions. equal housing lender. nmls #381076. © 2013 m&t bank. member fdic.