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.
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.
M&T Bank (NYSE: MTB) has announced a decrease in its prime lending rate. The rate will be reduced from 8.00% to 7.75%, effective Friday, November 8, 2024.
Wilmington Trust, a subsidiary of M&T Bank (MTB), has appointed Lisa Roberts as the new Head of Wealth Management, effective immediately. Roberts, who previously served as Head of U.S. Markets for the Wealth division, succeeds Doris Meister and joins M&T Bank's Enterprise Leadership Team. With over 30 years of banking and wealth management experience, Roberts previously held leadership positions at Union Bank, Citi Private Bank, Bank of America, and Wells Fargo Private Bank. Based in New York City, she will be responsible for setting the strategic direction for Wilmington Trust's Wealth operations, which serves high- and ultra-high-net-worth individuals, families, entrepreneurs, and institutions.
M&T Bank (NYSE: MTB) has announced its participation in the upcoming BancAnalysts Association of Boston Conference in Boston, MA. Company representatives will present to investors and analysts on November 8, 2024, at 7:30 a.m. (ET) at The Langham Boston. The presentation will be accessible via webcast through M&T's investor relations website, potentially containing material information for stakeholders.
M&T Bank (NYSE:MTB) reported third quarter 2024 results with net income of $721 million or $4.02 diluted earnings per common share. Key highlights include:
- Net interest income of $1,726 million
- Provision for credit losses of $120 million
- Noninterest income of $606 million
- Noninterest expense of $1,303 million
- Return on average assets of 1.37% (annualized)
- Return on average common shareholders' equity of 10.26% (annualized)
The CET1 capital ratio rose to an estimated 11.54%, marking the sixth consecutive quarterly increase. M&T repurchased shares for a total cost of $200 million in Q3 2024. The net interest margin widened to 3.62% from 3.59% in Q2 2024, reflecting higher yields on investment securities and lower funding costs.
M&T Bank (NYSE:MTB) has announced quarterly cash dividends on two series of its perpetual preferred stock. For Series H Preferred Stock, a dividend of $0.3515625 per share will be paid on December 16, 2024, to shareholders of record as of December 2, 2024. For Series J Preferred Stock, a dividend of $187.50 per share (equivalent to $0.46875 per depositary share) will be paid on the same date to shareholders of record as of December 2, 2024. These dividend declarations demonstrate M&T's commitment to providing returns to its preferred stockholders.
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