Welcome to our dedicated page for M&T Bank US news (Ticker: MTB), a resource for investors and traders seeking the latest updates and insights on M&T Bank US stock.
M&T Bank Corporation (NYSE: MTB) is a financial holding company headquartered in Buffalo, New York, with its principal banking subsidiary, M&T Bank, operating a branch and ATM network across the eastern United States from Maine to Virginia and Washington, D.C. This news page focuses on official announcements, financial updates, and other disclosures that the company releases to the market.
Readers can find coverage of M&T’s quarterly and annual earnings announcements, which are typically issued via press release and furnished on Form 8-K. These earnings updates provide detail on net interest income, noninterest income, provisions for credit losses, asset quality, and key performance ratios. The company also announces the timing of its earnings conference calls and webcasts, which are directed to investors and analysts.
News items include information about changes in M&T’s prime lending rate, reflecting adjustments to the rate used in pricing certain loans. The company also releases statements about dividends on its common and preferred stock, including Series H, Series J, and Series K, specifying dividend amounts and relevant record and payment dates.
Beyond financial metrics, M&T’s news flow highlights participation in investor conferences, the posting of investor presentations, and community-focused initiatives such as small business accelerator programs in Maryland. Updates from Wilmington Trust, a division of M&T Bank, also appear in the news, describing leadership changes and developments in its wealth advisory and corporate and institutional trust businesses.
Investors, analysts, and other interested readers can use this page to follow M&T Bank Corporation’s official communications, ranging from capital markets transactions and regulatory disclosures to community programs and trust-related developments.
Clara Capital Servicing has reached a significant milestone by surpassing $300 million in SMB funding. The company has secured a $20 million credit facility from Revere Capital and established a new treasury banking relationship with M&T Bank (NYSE: MTB). Key achievements include a 5-year lease for expanded headquarters in Woodbury, NY, launch of an ISO vertical market, and major technology investments in real-time processing. Clara Capital was recognized among the top fifteen financial services firms on the 2024 Inc. 5000 list.
The company has implemented full automation of application and bank statement intake, with submissions processed into automated funding calculators within seconds. This technological advancement, combined with the new ISO channel, positions Clara Capital for accelerated growth in the SMB lending space.
M&T Bank Corporation (NYSE:MTB) has announced its participation in the upcoming Morgan Stanley US Financials Conference in New York City. The bank's representatives will deliver a presentation to investors and analysts on June 11, 2025, at 7:30 am (ET). The presentation will be accessible via webcast through M&T's investor relations website. The company notes that the webcast may contain material and forward-looking information, with appropriate cautionary statements available on the webcast link.
M&T Bank Corporation (NYSE:MTB) has announced a quarterly cash dividend of $1.35 per share on its common stock. The dividend will be distributed on June 30, 2025, to shareholders who are on record as of June 2, 2025. This dividend declaration represents M&T's continued commitment to providing returns to its shareholders through regular cash distributions.
M&T Bank (NYSE: MTB) has announced its participation in the upcoming Barclays Americas Select Franchise Conference in London. The bank's representatives will deliver a presentation to investors and analysts on May 7, 2025, at 9:00 a.m. BST (4:00 a.m. ET).
The presentation will be accessible via webcast through M&T's investor relations website at ir.mtb.com/events-presentations. The company notes that the webcast may contain material information and forward-looking statements, with related cautionary statements available on the webcast link.
M&T Bank (NYSE: MTB) has announced its quarterly preferred stock dividend declarations. The company will distribute two different preferred stock dividends:
1. A dividend of $0.3515625 per share on Series H Perpetual Fixed-to-Floating Rate Non-Cumulative Preferred Stock
2. A dividend of $187.50 per share (equivalent to $0.46875 per depositary share) on Series J Perpetual 7.500% Non-Cumulative Preferred Stock
Both dividends are scheduled for payment on June 16, 2025, with a record date of June 2, 2025.
M&T Bank (NYSE:MTB) reported Q1 2025 net income of $584 million, or $3.32 diluted earnings per share. The bank's net interest margin widened to 3.66% from 3.58% in Q4 2024.
Key financial metrics include: net interest income of $1,695 million, noninterest income of $611 million, and noninterest expense of $1,415 million. The bank's efficiency ratio was 60.5%, while return on average assets stood at 1.14%.
Notable developments include: repurchase of 3,415,303 shares for $662 million, CET1 capital ratio decline to 11.50%, and improvement in nonaccrual loans to 1.14% of total loans. The allowance for credit losses increased slightly to 1.63% of loans outstanding, while net charge-offs decreased to 0.34% of average loans.
Mazzotta Rentals (MRI) has secured a $160 million credit facility with M&T Bank (NYSE:MTB) as lead arranger, comprising a $120 million revolving line of credit and a $5 million term loan facility. The facility includes a $35 million accordion feature for future growth.
The company, which serves seven northeastern states in construction, industrial, and infrastructure sectors, will use the funding to refinance existing debt and support continued growth and expansion efforts. The credit facility, arranged with a consortium of financial institutions, reflects confidence in MRI's operational performance and growth strategy.
MRI plans to leverage this financing to expand its service offerings, make fleet investments, and strengthen its market position in response to increasing customer demand in general construction and infrastructure development.
M&T Bank (NYSE: MTB) has appointed Charles Pinckney as Hudson Valley Regional President, expanding his current role as Albany Regional President. Pinckney, who joined M&T in 2008, will succeed Mark Stellwag following his planned retirement at the end of 2024.
In his expanded position, Pinckney will oversee both regions while working with the community bank leadership team across various divisions including retail, business, commercial banking, and wealth management. He brings significant experience from leadership roles in commercial real estate, middle market, healthcare, and not-for-profit sectors.
Pinckney serves on multiple boards including the Capital Region Chamber and was recognized in Albany Business Review's Power 50: New Momentum list in 2023. M&T Bank maintains a strong regional presence with 40 branches across 20 counties in Albany and the Hudson Valley, implementing a local decision-making model for community activities, grants, and lending.
M&T Bank (NYSE: MTB) has scheduled the announcement of its first quarter 2025 earnings results for Monday, April 14, 2025, before market opening. The company will host a conference call and webcast at 8:00 a.m. (ET) on the same day to discuss the results.
Interested participants can join the call through different channels: domestic callers can dial (800) 347-7315, while international participants can use (785) 424-1755 with the conference ID MTBQ125. The event will be webcast live on M&T's investor relations website.
A replay option will be available until April 21, 2025, accessible via phone at (800) 695-1624 for domestic callers and (402) 530-9026 for international participants. The webcast recording will be available on M&T's website by 3:00 p.m. on April 14, 2025.
M&T Bank (NYSE: MTB) has appointed Carmen Magistro as Northern Pennsylvania Regional President, succeeding Phil Johnson who will retire at the end of 2024. Magistro, previously serving as Commercial Senior Group Manager for Northern Pennsylvania Commercial & Industrial, brings over 22 years of financial services experience, including 16 years with M&T.
In his expanded role, Magistro will oversee commercial banking operations and partner with the Community Bank leadership team for Northern Pennsylvania. He has extensive experience in commercial, business, and government banking, and is actively involved in various community organizations including the Greater Wilkes Barre Chamber of Commerce and United Way of Wyoming Valley.
M&T Bank maintains a strong regional presence with 34 branches and over 45 ATMs serving Northern Pennsylvania from Centre County to Wayne County, covering areas including Pottsville, Scranton, State College, Stroudsburg, Wilkes Barre, and Williamsport. The bank emphasizes local decision-making for community activities, grants, and lending.
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