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M&T Bank Corporation issues news about its regional banking operations, capital actions and investor communications. The Buffalo-based financial holding company operates through M&T Bank, which provides banking products and services through a branch and ATM network spanning the eastern U.S. from Maine to Virginia and Washington, D.C.
Recurring updates include quarterly results, net interest income trends, common and preferred stock dividends, share repurchase authorizations, investor conference presentations and annual shareholder communications. Company news also covers trust-related services provided by Wilmington Trust-affiliated companies and M&T Bank, community and affordable-housing financing, technology investment themes and regional leadership appointments within its banking footprint.
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.
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.