M&T Bank US Stock Price, News & Analysis

M&T Bank (NYSE:MTB) has declared quarterly cash dividends for two series of its perpetual preferred stock. Series H Preferred Stock shareholders will receive $0.3515625 per share, while Series J Preferred Stock holders will get $187.50 per share (equivalent to $0.46875 per depositary share). Both dividends will be payable on March 17, 2025, to shareholders of record as of March 3, 2025.

M&T Bank (NYSE:MTB) has appointed Krista Phillips as its first Chief Customer Officer, effective January 6, 2025. In this newly created role, Phillips will lead the bank's customer experience, marketing, and analytics teams to enhance service delivery and ensure consistent brand presence across M&T's footprint.

Phillips brings over 25 years of financial services experience, most recently serving as Executive Vice President at Wells Fargo, where she led consumer credit cards and enterprise marketing. Previously, she held senior positions at Citi, including Head of Brand Management, Advertising, and Insights for the Global Consumer Bank.

Based in Wilmington, DE, Phillips will report to Chris Kay, M&T's Head of Enterprise Platforms, and join the bank's Executive Leadership Team. Her appointment aims to strengthen M&T's customer-centric approach through data-driven insights and enhanced service capabilities.

M&T Bank (NYSE:MTB) has scheduled the announcement of its fourth quarter and full-year 2024 earnings results. The company will release its financial results via press release before market opening on Thursday, January 16, 2025. Following the release, M&T will host a conference call and webcast at 8:00 a.m. ET to discuss the earnings results.

M&T Bank (NYSE:MTB) has announced a decrease in its prime lending rate. The rate will be reduced from 7.75% to 7.50%, marking a 25 basis points reduction. This change will take effect on Thursday, December 19, 2024.

M&T Bank (NYSE:MTB) has appointed Shannon Lazare as its new New Jersey Regional President. Lazare, who joined M&T in 2013, will lead the bank's local growth and community engagement initiatives throughout New Jersey, succeeding Tom Comiskey who was promoted to Area Executive in the Commercial Bank.

With over 20 years of financial services experience, Lazare will oversee the bank's community engagement, economic development, and charitable initiatives while maintaining her role as Business Banking Regional Manager. M&T Bank maintains a strong presence in New Jersey with 64 branches and has consistently ranked among the top 10 SBA lenders for the past decade. In 2023, the bank's New Jersey Charitable Foundation Committee awarded $2.7 million to more than 175 local nonprofits.

M&T Bank (NYSE:MTB) has announced its schedule for 2026 quarterly earnings conference calls and revised dates for 2025 earnings reviews. 2026 earnings calls are scheduled for April 15, July 15, October 16, 2026, and January 19, 2027, all at 8:00 a.m. ET. The bank also updated its 2025 earnings call schedule, with the first quarter remaining on April 14, 2025, at 8:00 a.m. ET, while adjusting times for subsequent quarters to 11:00 a.m. ET for Q2 and Q3, and 10:00 a.m. ET for Q4. Detailed announcements will be issued before each quarter's close.

Clara Capital has announced a new treasury banking relationship with M&T Bank (NYSE:MTB). The partnership includes comprehensive banking services, treasury management, and enhanced account management capabilities. Additionally, Clara Capital has secured a $20 million line of credit from Revere Capital. The combination of the new credit line and M&T banking relationship strengthens Clara Capital's financial infrastructure to support its continued growth. The company expects this partnership to optimize liquidity management and enhance operational scalability.

M&T Bank (NYSE:MTB) has announced a quarterly cash dividend of $1.35 per share on its common stock. The dividend will be paid on December 31, 2024, to shareholders who are on record as of December 2, 2024.

M&T Bank (NYSE:MTB) has announced its participation in the upcoming Goldman Sachs Financial Services Conference in New York City. Company representatives will deliver a presentation to investors and analysts on December 11, 2024, at 8:40 a.m. (ET). The presentation will be accessible via webcast through M&T's investor relations website and may contain significant material information for stakeholders.