M&T Bank Corporation (MTB) continues to benefit from solid top-line growth, strategic acquisitions, and rising loan and deposit balances. However, increasing expenses and deteriorating credit quality are major concerns. M&T Bank maintains steady capital distribution activities. In May 2024, the company hiked its quarterly dividends by 4% to $1.35 per share, following an 8.3% increase in February 2023. MTB currently carries a Zacks Rank #3 (Hold). Shares of the company have gained 9.5% over the past six mont ...

MTB maintains a decent liquidity position. As of Mar 31, 2024, the company had total cash and due from banks and interest-bearing deposits at banks of $33.83 billion, while total debt was $16.24 billion. Given the decent liquidity position, the company is expected to sustain its capital distribution activities. Through this, MTB will keep enhancing shareholders' value. In the past six months, MTB's shares have gained 22.6% compared with the industry's growth of 29.3%. Currently, M&T Bank carries a Zacks Ran ...

M&T Bank Corporation is a financial holding company headquartered in Buffalo, New York. M&T's principal banking subsidiary, M&T Bank, provides banking products and services in 12 states across the eastern U.S. from Maine to Virginia and Washington, D.C. Trust-related services are provided in select markets in the U.S. and abroad by M&T's Wilmington Trust-affiliated companies and by M&T Bank. Investor Contact: Brian Klock (716) 842-5138 SOURCE M&T Bank Corporation BUFFALO, N.Y., May 22, 2024 /PRNewswire/ -- ...

Investor Contact: Brian Klock (716) 842-5138 BUFFALO, N.Y., May 21, 2024 /PRNewswire/ -- M&T Bank Corporation ("M&T") (NYSE: MTB) announced that it has declared a quarterly cash dividend of $1.35 per share on its common stock. This represents an increase of $.05 per share, or 4 percent, from the previous $1.30 per share dividend paid in the first quarter of 2024. The dividend will be payable June 28, 2024, to shareholders of record at the close of business on June 3, 2024. About M&T M&T is a financial holdi ...

M&T Bank Corporation (MTB) is expanding its utilization of the nCino platform and integrating the latter's continuous credit monitoring solution into its operations. MTB has been a long-standing customer of nCino. The company is now ramping up its use of nCino's Continuous Credit Monitoring Solution, powered by nIQ, which uses Rich Data Co's AI decisioning platform. This solution specializes in streamlining potential warnings and customer reviews and helps uncover new and lower-risk lending opportunities. A ...

"Partnering with nCino and M&T Bank to bring this innovative solution to life has been a rewarding experience," said Julian Bloomfield, Chief Revenue Officer at RDC. "Our AI-driven platform forecasts future serviceability, enables deeper, more meaningful banker-customer interactions and greatly improves credit outcomes. This collaboration showcases the potential of joint efforts in enhancing efficiency and innovation in the banking industry, ensuring superior service delivery to customers." Through this col ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 Commission File Number 1-9861 M&T BANK CORPORATION (Exact name of registrant as specified in its charter) New York 16-0968385 (State or other jurisdiction of (I.R.S. Employer incorporation or organization) Identification No.) One M&T Plaza Buffalo, New York 14203 (Address of principal executiv ...

BUFFALO, N.Y., April 30, 2024 /PRNewswire/ -- M&T Bank Corporation (NYSE: MTB) today released its 2023 Sustainability Report, Committed to our Communities. This fourth annual report highlights the progress the company has made toward its sustainability goals including environmental and social finance solutions for customers as well as initiatives that support the bank's business and community relationships. Key highlights from the 2023 Sustainable Report include over $3.1 billion in financing aligned to pos ...

BUFFALO, N.Y., April 29, 2024 /PRNewswire/ -- M&T Bank Corporation ("M&T") (NYSE:MTB) will participate in the Barclays Americas Select Franchise Conference being held in London. Representatives of M&T are scheduled to deliver a presentation to investors and analysts on May 8, 2024, at 4:00 a.m. ET (9:00 a.m. BST). A link to the webcast will be available at https://ir.mtb.com/events-presentations. The webcast may contain material information as well as forward-looking information, and cautionary statements r ...

NEW YORK, April 25, 2024 (GLOBE NEWSWIRE) -- Sunstone Credit, Inc., a commercial solar loan platform that helps businesses switch to clean energy, today announced a program with M&T Bank (NYSE:MTB) to give more businesses access to easy, affordable solar financing. Despite the advantages and incentives for businesses to go solar, most companies lack access to loan financing for solar installations, forcing them to pay cash or forgo switching to clean energy altogether. By collaborating with M&T Bank, a top ...