M&T Bank Corporation (MTB)

M&T Bank Corporation to Participate in the Morgan Stanley US Financials ConferenceMay 21, 2026 5:51 PM
PR Newswire (US) BUFFALO, N.Y., May 21, 2026 /PRNewswire/ -- M&T Bank Corporation ("M&T") (NYSE:MTB) will participate in the Morgan Stanley US Financials Conference being held in New York City. Representatives of M&T are scheduled to deliver a presentation to investors and analysts on June 10, 2026, at 9:00 a.m. (ET).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 regarding such forward-looking information will be available on the webcast link.About M&T 
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 with a branch and ATM network spanning 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. For more information on M&T Bank, visit www.mtb.com.Equal Housing Lender. © 2026 M&T Bank. NMLS# 381076. Member FDIC. All rights reserved.Investor Contact:
Rajiv Ranjan
Steven Wendelboe
(716) 842-5138 View original content to download multimedia:https://www.prnewswire.com/news-releases/mt-bank-corporation-to-participate-in-the-morgan-stanley-us-financials-conference-302779615.htmlSOURCE M&T Bank Corporation Original: M&T Bank Corporation to Participate in the Morgan Stanley US Financials Conference

M&T Bank Corporation to Participate in the Barclays Americas Select Franchise ConferenceApril 22, 2026 8:30 AM
PR Newswire (US)

BUFFALO, N.Y., April 22, 2026 /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 5, 2026, at 9:45 a.m. BST (4:45 a.m. ET).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 regarding such forward-looking information will be available on the webcast link.About M&T 
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 with a branch and ATM network spanning 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. For more information on M&T Bank, visit www.mtb.com.Equal Housing Lender. © 2026 M&T Bank. NMLS# 381076. Member FDIC. All rights reserved.Investor Contact:
Rajiv Ranjan
Steven Wendelboe
(716) 842-5138





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Original: M&T Bank Corporation to Participate in the Barclays Americas Select Franchise Conference

M&T Bank Corporation Announces Second Quarter DividendsApril 21, 2026 4:30 PM
PR Newswire (US)

BUFFALO, N.Y., April 21, 2026 /PRNewswire/ -- M&T Bank Corporation ("M&T") (NYSE:MTB) announced that it has declared a quarterly cash dividend of $1.50 per share on its common stock. The dividend will be payable June 30, 2026, to shareholders of record at the close of business on June 1, 2026.M&T has also declared quarterly cash dividends on the following series of perpetual preferred stock:A dividend of $0.3515625 per share on its Perpetual Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series H ("Series H Preferred Stock")A dividend of $187.50 per share (equivalent to $0.46875 per depositary share) on its Perpetual 7.500% Non-Cumulative Preferred Stock, Series J ("Series J Preferred Stock")A dividend of $158.75 per share (equivalent to $0.396875 per depositary share) on its Perpetual 6.350% Non-Cumulative Preferred Stock, Series K ("Series K Preferred Stock")Each perpetual preferred stock dividend will be payable June 15, 2026 to shareholders of record at the close of business on June 1, 2026.About M&T
M&T is a financial holding company headquartered in Buffalo, New York. M&T's principal banking subsidiary, M&T Bank, provides banking products and services with a branch and ATM network spanning 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. For more information about M&T Bank, visit www.mtb.com.Equal Housing Lender. © 2026 M&T Bank. NMLS# 381076. Member FDIC. All rights reserved.Investor Contact:
Rajiv Ranjan
Steve Wendelboe
(716) 842-5138Media Contact:
Frank Lentini
(929) 651-0447





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Original: M&T Bank Corporation Announces Second Quarter Dividends

M&T Bank Tops Q1 Forecasts on Earnings and RevenueApril 15, 2026 8:49 AM
IH Market News
M&T Bank (NYSE:MTB) reported first-quarter results that came in ahead of analyst expectations, with both profit and revenue exceeding forecasts.Adjusted earnings per share were $4.18, above the $4.01 consensus estimate, while revenue reached $2.44 billion, slightly ahead of the $2.43 billion expected by analysts.The bank’s shares were unchanged in premarket trading following the announcement.The Buffalo-based lender posted net income of $664 million, or $4.13 per diluted share on a GAAP basis, representing a 14% increase from $584 million in the same period last year.Revenue rose 3% year-on-year from $2.32 billion in the first quarter of 2025.Net interest margin improved to 3.71%, up from 3.66% a year earlier, reflecting lower funding costs that more than offset declines in yields on earning assets.M&T repurchased $1.25 billion of its common stock during the quarter, buying back 5.5 million shares under its capital plan. As a result, its Common Equity Tier 1 ratio declined to an estimated 10.33%, down from 10.84% in the previous quarter, mainly due to the scale of the buybacks.“M&T continued to produce strong operating results and return capital to its shareholders in the recent quarter while investing in its businesses and expanding its operational capabilities,” said Daryl N. Bible, Chief Financial Officer.Average loans increased 1% from the fourth quarter to $138.4 billion, driven by a $1.5 billion rise in commercial and industrial lending, partly offset by declines in commercial real estate and consumer loans.On a year-on-year basis, average loans were up 3% compared to the first quarter of 2025.The provision for credit losses came in at $140 million, up from $125 million in the previous quarter but down from $130 million a year earlier.Net charge-offs accounted for 0.31% of average loans on an annualized basis, improving from 0.54% in the fourth quarter. Nonaccrual loans declined to $1.24 billion from $1.54 billion a year ago.M&T Bank stock price

Original: M&T Bank Tops Q1 Forecasts on Earnings and Revenue

M&T Bank Corporation (NYSE: MTB) announces first quarter 2026 resultsApril 15, 2026 5:30 AM
PR Newswire (US)

BUFFALO, N.Y., April 15, 2026 /PRNewswire/ -- M&T Bank Corporation ("M&T" or "the Company") reports quarterly net income of $664 million or $4.13 of diluted earnings per common share.
(Dollars in millions, except per share data)
1Q26
4Q25
1Q25Earnings HighlightsNet interest income
$        1,752
$        1,779
$        1,695Taxable-equivalent adjustment
11
11
12Net interest income - taxable-equivalent
1,763
1,790
1,707Provision for credit losses
140
125
130Noninterest income
689
696
611Noninterest expense
1,438
1,379
1,415Net income
664
759
584Net income available to common shareholders - diluted
620
718
547Diluted earnings per common share
4.13
4.67
3.32Return on average assets - annualized
1.26 %
1.41 %
1.14 %Return on average common shareholders' equity - annualized
9.67
10.87
8.36Average Balance SheetTotal assets
$     213,828
$     212,891
$    208,321Interest-bearing deposits at banks
16,231
17,964
19,695Investment securities
37,845
36,705
34,480Loans
138,423
137,600
134,844Deposits
164,268
165,057
161,220Borrowings
16,759
14,619
14,154Selected Ratios(Amounts expressed as a percent, except per share data)





Net interest margin
3.71 %
3.69 %
3.66 %Efficiency ratio (1)
58.3
55.1
60.5Net charge-offs to average total loans - annualized
.31
.54
.34Allowance for loan losses to total loans
1.53
1.53
1.63Nonaccrual loans to total loans
.89
.90
1.14Common equity Tier 1 ("CET1") capital ratio (2)
10.33
10.84
11.50Common shareholders' equity per share
$      173.82
$      173.49
$      163.62

(1)A reconciliation of non-GAAP measures is included in the tables that accompany this release.(2)CET1 capital ratio at March 31, 2026 is estimated. Financial HighlightsNet interest margin widened 2 basis points from the fourth quarter of 2025 to 3.71% in the recent quarter reflecting a decline in funding costs that outpaced a reduction in yields received on earning assets.Growth in average loans in the recent quarter reflects higher average balances of commercial and industrial loans, partially offset by lower average balances of commercial real estate and consumer loans.Noninterest income reflects the impact of the Company's election on January 1, 2026 to prospectively measure its residential mortgage loan servicing right assets at fair value and lower gains on commercial mortgage loans originated for sale, partially offset by a $33 million distribution from M&T's investment in Bayview Lending Group LLC ("BLG") in the recent quarter.The increase in noninterest expense includes seasonal salaries and employee benefits expense of $115 million, partially offset by lower other costs of operations reflecting a $30 million contribution to The M&T Charitable Foundation and amortization of residential mortgage loan servicing right assets each in the fourth quarter of 2025.The allowance for loan losses as a percent of total loans remained unchanged at March 31, 2026.In the recent quarter M&T repurchased 5.5 million shares of its common stock in accordance with its capital plan resulting in a total cost of $1.25 billion. M&T's CET1 capital ratio is estimated to be 10.33% at March 31, 2026.Chief Financial Officer Commentary"M&T continued to produce strong operating results and return capital to its shareholders in the recent quarter while investing in its businesses and expanding its operational capabilities in support of our strategic objectives of operational excellence and teaming for growth to meet the needs of our customers and make a difference in people's lives. I am pleased to report the successful conversion of our core general ledger platform earlier this week."- Daryl N. Bible, M&T's Chief Financial OfficerContact: Investor Relations:Rajiv Ranjan716.842.5138
Steve Wendelboe716.842.5138Media Relations:Frank Lentini929.651.0447  Non-GAAP Measures (1)










(Dollars in millions, except per share data)
1Q26
4Q25
Change
1Q26 vs.
4Q25
1Q25
Change
1Q26 vs.
1Q25Net operating income
$            671
$            767
-12 %
$            594
13 %Diluted net operating earnings per common share
4.18
4.72
-11
3.38
24Annualized return on average tangible assets
1.33 %
1.49 %


1.21 %

Annualized return on average tangible common equity
14.51
16.24


12.53

Efficiency ratio
58.3
55.1


60.5

Tangible equity per common share
$       115.96
$       117.45
-1
$       111.13
4_________________(1)A reconciliation of non-GAAP measures is included in the tables that accompany this release.M&T consistently provides supplemental reporting of its results on a "net operating" or "tangible" basis, from which M&T excludes the after-tax effect of amortization of core deposit and other intangible assets (and the related goodwill and core deposit and other intangible asset balances, net of applicable deferred tax amounts) and expenses associated with merging acquired operations into M&T (when incurred), since such items are considered by management to be "nonoperating" in nature. Taxable-equivalent Net Interest Income










(Dollars in millions)
1Q26
4Q25
Change
1Q26 vs.
4Q25
1Q25
Change
1Q26 vs.
1Q25Average earning assets
$     192,594
$     192,366
— %
$     189,116
2 %Average interest-bearing liabilities
136,480
135,492
1
129,938
5Net interest income - taxable-equivalent
1,763
1,790
-2
1,707
3Yield on average earning assets
5.36 %
5.46 %


5.52 %

Cost of interest-bearing liabilities
2.33
2.51


2.70

Net interest spread
3.03
2.95


2.82

Net interest margin
3.71
3.69


3.66

Taxable-equivalent net interest income decreased $27 million, or 2%, as compared with the fourth quarter of 2025 reflecting two less calendar days in the recent quarter. Taxable-equivalent net interest income increased $56 million, or 3%, as compared with the year-earlier first quarter reflecting growth in average loans and investment securities and favorable earning asset and interest-bearing liability repricing, including an improved impact from interest rate swap agreements. Average Earning Assets










(Dollars in millions)
1Q26
4Q25
Change
1Q26 vs.
4Q25
1Q25
Change
1Q26 vs.
1Q25Interest-bearing deposits at banks
$      16,231
$      17,964
-10 %
$      19,695
-18 %Trading account
95
97
-2
97
-3Investment securities
37,845
36,705
3
34,480
10Loans









Commercial and industrial
63,804
62,257
2
61,056
5Real estate - commercial
23,496
24,101
-3
26,259
-11Real estate - residential
24,817
24,765
—
23,176
7Consumer
26,306
26,477
-1
24,353
8Total loans
138,423
137,600
1
134,844
3Total earning assets
$    192,594
$    192,366
—
$    189,116
2Average earning assets rose $228 million from the fourth quarter of 2025 reflecting loan growth and purchases of investment securities, partially offset by a decrease in interest-bearing deposits at banks. Loan growth in the recent quarter reflected higher average commercial and industrial loan balances of $1.5 billion, including higher balances of loans to the financial and insurance industry, partially offset by lower average balances of commercial real estate loans of $605 million and consumer loans of $171 million.Average earning assets increased $3.5 billion from the first quarter of 2025. Average interest-bearing deposits at banks decreased $3.5 billion as liquidity was deployed to originate loans and purchase investment securities. The growth in average loans reflected higher average balances of commercial and industrial loans of $2.7 billion, including growth in loans to the financial and insurance industry, an increase in average residential real estate loan balances of $1.6 billion and higher average consumer loan balances of $2.0 billion, reflecting growth in average balances of recreational finance, automobile loans and home equity loans and lines of credit. Those increases were partially offset by a $2.8 billion decline in average commercial real estate loan balances, reflecting payoffs. Average Interest-bearing Liabilities










(Dollars in millions)
1Q26
4Q25
Change
1Q26 vs.
4Q25
1Q25
Change
1Q26 vs.
1Q25Interest-bearing deposits









Savings and interest-checking deposits
$        106,593
$        107,287
-1 %
$        101,564
5 %Time deposits
13,128
13,586
-3
14,220
-8Total interest-bearing deposits
119,721
120,873
-1
115,784
3Short-term borrowings
5,695
2,064
176
2,869
98Long-term borrowings
11,064
12,555
-12
11,285
-2Total interest-bearing liabilities
$        136,480
$        135,492
1
$        129,938
5Average interest-bearing liabilities in the recent quarter rose $988 million from the fourth quarter of 2025 reflecting an increase in short-term borrowings from the FHLB of New York, partially offset by a decline in average interest-bearing deposits and long-term borrowings, including maturities of senior notes.Average interest-bearing liabilities increased $6.5 billion from the first quarter of 2025, as growth in average savings and interest-checking deposits of $5.0 billion and higher average short-term borrowings from the FHLB of New York were partially offset by a $1.1 billion decline in average time deposits due to maturities.Provision for Credit Losses/Asset Quality










(Dollars in millions)
1Q26
4Q25
Change 1Q26 vs.
4Q25
1Q25
Change 1Q26 vs.
1Q25At end of quarter









Nonaccrual loans
$         1,240
$         1,252
-1 %
$          1,540
-19 %Real estate and other foreclosed assets
27
35
-23
34
-22Total nonperforming assets
1,267
1,287
-2
1,574
-20Accruing loans past due 90 days or more (1)
646
561
15
384
68Nonaccrual loans as % of loans outstanding
.89 %
.90 %


1.14 %












Allowance for loan losses
$         2,136
$         2,116
1
$          2,200
-3Allowance for loan losses as % of loans outstanding
1.53 %
1.53 %


1.63 %

Reserve for unfunded credit commitments
$               95
$               80
19
$                60
58










For the period









Provision for loan losses
$             125
$             140
-11
$             130
-4Provision for unfunded credit commitments
15
(15)
—
—
—Total provision for credit losses
140
125
12
130
8Net charge-offs
105
185
-44
114
-8Net charge-offs as % of average loans (annualized)
.31 %
.54 %


.34 %

__________________(1)Predominantly government-guaranteed residential real estate loans.The provision for credit losses was $140 million in the first quarter of 2026 as compared with $125 million in the immediately preceding quarter and $130 million in the first quarter of 2025. The allowance for loan losses as a percent of loans outstanding was 1.53% at each of March 31, 2026 and December 31, 2025, improved from 1.63% at March 31, 2025. The 10 basis-point improvement from March 31, 2025 reflects lower levels of criticized loans.Nonaccrual loans were $1.2 billion and $1.3 billion at March 31, 2026 and December 31, 2025, respectively, compared with $1.5 billion at March 31, 2025. The lower level of nonaccrual loans at March 31, 2026 and December 31, 2025 as compared with March 31, 2025 reflects decreases in commercial and industrial, commercial real estate and consumer nonaccrual loans. Noninterest Income










(Dollars in millions)
1Q26
4Q25
Change
1Q26 vs.
4Q25
1Q25
Change
1Q26 vs.
1Q25Mortgage banking revenues
$          127
$          155
-18 %
$          118
8 %Service charges on deposit accounts
139
140
-1
133
5Trust income
183
184
-1
177
3Brokerage services income
35
34
3
32
9Trading account and other non-hedging derivative gains
14
19
-26
9
43Gain (loss) on bank investment securities
4
1
238
—
—Other revenues from operations
187
163
14
142
31Total
$          689
$          696
-1
$          611
13Effective January 1, 2026, the Company elected to prospectively measure its residential mortgage loan servicing right assets at fair value with changes in fair value reflected in mortgage banking revenues. As a result, amortization associated with residential mortgage loan servicing right assets previously recognized in other costs of operations before 2026 is no longer recorded. Instead beginning in 2026, fair value changes in residential mortgage loan servicing right assets, inclusive of the realization of expected net servicing revenues over time, are included in mortgage banking revenues. On December 31, 2025, the Company began economically hedging the risk of fair value changes in these assets through the use of various interest rate derivative contracts, for which changes in fair value are also reflected in mortgage banking revenues.Noninterest income in the first quarter of 2026 decreased $7 million, or 1%, from 2025's fourth quarter.Mortgage banking revenues declined $28 million reflecting the impact of the Company's fair value accounting election described above that reduced residential mortgage banking revenues and lower gains on commercial mortgage loans originated for sale.Trading account and other non-hedging derivative gains decreased $5 million reflecting a decrease in revenues from interest rate swap transactions with commercial customers.Other revenues from operations increased $24 million reflecting a $33 million distribution from M&T's investment in BLG in the recent quarter, partially offset by lower merchant discount and credit card fees.Noninterest income rose $78 million, or 13%, as compared with the first quarter of 2025.Mortgage banking revenues increased $9 million reflecting a rise in residential mortgage loan servicing income, partially offset by the impact of the Company's accounting election in 2026 described above.Service charges on deposit accounts increased $6 million reflecting higher commercial service charges.Trust income rose $6 million reflecting higher revenues from the Company's global capital markets and wealth advisory services businesses.Trading account and other non-hedging derivative gains increased $5 million reflecting higher revenues from interest rate swap transactions with commercial customers.Other revenues from operations increased $45 million reflecting a $33 million distribution from M&T's investment in BLG and higher letter of credit and other credit-related fees each in the recent quarter. Noninterest Expense










(Dollars in millions)
1Q26
4Q25
Change
1Q26 vs.
4Q25
1Q25
Change
1Q26 vs.
1Q25Salaries and employee benefits
$          914
$          809
13 %
$          887
3 %Equipment and net occupancy
133
134
—
132
—Outside data processing and software
144
146
-2
136
5Professional and other services
93
105
-11
84
11FDIC assessments
23
(8)
—
23
—Advertising and marketing
21
32
-35
22
-6Amortization of core deposit and other intangible assets
9
10
-1
13
-27Other costs of operations
101
151
-34
118
-15Total
$       1,438
$       1,379
4
$       1,415
2Noninterest expense rose $59 million, or 4%, from the fourth quarter of 2025.Salaries and employee benefits expense increased $105 million reflecting $115 million of seasonally higher stock-based compensation, payroll-related taxes and other employee benefits expenses and the impact of annual merit increases, partially offset by two less working days and lower employee staffing levels in the first quarter of 2026.Professional and other services expense declined $12 million reflecting lower legal and review costs.Higher FDIC assessments reflect a reduction of estimated special assessment expense of $29 million in the fourth quarter of 2025.Advertising and marketing expense declined $11 million reflecting the seasonality of advertising campaigns.Other costs of operations decreased $50 million reflecting a contribution to The M&T Charitable Foundation of $30 million and the amortization associated with residential mortgage loan servicing right assets each in the fourth quarter of 2025.Noninterest expense increased $23 million, or 2%, from the first quarter of 2025.Salaries and employee benefits expense increased $27 million reflecting higher salaries expense from annual merit and other increases and a rise in stock-based incentive compensation.Outside data processing and software costs rose $8 million reflecting costs associated with enhancements to the Company's technology infrastructure, cybersecurity and financial recordkeeping and reporting systems.Professional and other services expense increased $9 million reflecting higher legal and review costs.Other costs of operations decreased $17 million reflecting the amortization associated with residential mortgage loan servicing right assets in the first quarter of 2025, partially offset by higher expense associated with the Company's supplemental executive retirement savings plan in the recent quarter.Income TaxesThe Company's effective income tax rate was 23.0% in the first quarter of 2026, compared with 21.8% and 23.2% in the fourth and first quarters of 2025, respectively. The lower effective income tax rate in 2025's final quarter reflects a discrete income tax benefit of $8 million claimed on prior year tax returns.Capital and Liquidity








1Q26
4Q25
1Q25CET1
10.33 %(1)10.84 %
11.50 %Tier 1 capital
11.81(1)12.59
13.04Total capital
13.61(1)14.44
14.50Tangible capital – common
8.26
8.70
8.95_______________(1)Capital ratios at March 31, 2026 are estimated.M&T's capital ratios remained well above the minimum set forth by regulatory requirements. Cash dividends declared on M&T's common and preferred stock totaled $224 million and $43 million, respectively, for the quarter ended March 31, 2026.As a result of the Company's accounting election on January 1, 2026 to prospectively measure residential mortgage loan servicing right assets at fair value, the Company recorded an increase in capitalized servicing assets included in accrued interest and other assets of $263 million and a corresponding after-tax increase to retained earnings of $197 million, representing an 8 basis-point increase to CET1 capital on the election date.M&T repurchased $1.25 billion of its common stock in accordance with its capital plan during the recent quarter, compared with $507 million and $662 million in the fourth quarter of 2025 and the first quarter of 2025, respectively.The CET1 capital ratio for M&T was estimated at 10.33% as of March 31, 2026. M&T's total risk-weighted assets at March 31, 2026 are estimated to be $164.2 billion. Reflecting share repurchase activity and loan growth in the recent quarter, M&T's tangible common equity to tangible asset ratio at March 31, 2026 decreased 44 basis points from December 31, 2025. While not subject to the liquidity coverage ratio ("LCR") requirements, M&T estimates that its LCR on March 31, 2026 was 107%, exceeding the regulatory minimum standards that would be applicable if it were a Category III institution subject to the Category III reduced LCR requirements.Conference CallInvestors will have an opportunity to listen to M&T's conference call to discuss first quarter financial results today at 8:00 a.m. Eastern Time. Those wishing to participate in the call may dial (800) 347-7315. International participants, using any applicable international calling codes, may dial (785) 424-1755. Callers should reference M&T Bank Corporation or the conference ID #MTBQ126. The conference call will be webcast live through M&T's website at https://ir.mtb.com/news-events/events-presentations. A replay of the call will be available through Wednesday April 22, 2026, by calling (800) 723-5759 or (402) 220-2662 for international participants. No conference ID or passcode is required. The event will also be archived and available by 3:00 p.m. today on M&T's website at https://ir.mtb.com/news-events/events-presentations.About M&TM&T is a financial holding company headquartered in Buffalo, New York. M&T's principal banking subsidiary, M&T Bank, provides banking products and services with a branch and ATM network spanning 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. For more information on M&T Bank, visit www.mtb.com.Forward-Looking StatementsThis news release and related conference call may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and the rules and regulations of the SEC. Any statement that does not describe historical or current facts is a forward-looking statement, including statements based on current expectations, estimates and projections about M&T's business, and management's beliefs and assumptions.Statements regarding the potential effects of events or factors specific to M&T and/or the financial industry as a whole, as well as national and global events generally, on M&T's business, financial condition, liquidity and results of operations may constitute forward-looking statements. Such statements are subject to the risk that the actual effects may differ, possibly materially, from what is reflected in those forward-looking statements due to factors and future developments that are uncertain, unpredictable and in many cases beyond M&T's control.Forward-looking statements are typically identified by words such as "believe," "expect," "anticipate," "intend," "target," "estimate," "continue," or "potential," by future conditional verbs such as "will," "would," "should," "could," or "may," or by variations of such words or by similar expressions. These statements are not guarantees of future performance and involve certain risks, uncertainties and assumptions which are difficult to predict and may cause actual outcomes to differ materially from what is expressed or forecasted.While there can be no assurance that any list of risks and uncertainties is complete, important factors that could cause actual outcomes and results to differ materially from those contemplated by forward-looking statements include the following, without limitation: economic conditions and growth rates, including inflation and market volatility; events, developments and current conditions in the financial services industry, including trust, brokerage and investment management businesses; changes in interest rates, spreads on earning assets and interest-bearing liabilities, and interest rate sensitivity; prepayment speeds, loan originations, loan concentrations by type and industry, credit losses and market values on loans, collateral securing loans, and other assets; sources of liquidity; levels of client deposits; ability to contain costs and expenses; changes in M&T's credit ratings; domestic or international political developments and other geopolitical events, including trade and tariff policies and international conflicts and hostilities; changes and trends in the securities markets; common shares outstanding and common stock price volatility; fair value of and number of stock-based compensation awards to be issued in future periods; the impact of changes in market values on trust-, brokerage-, and investment management-related revenues; federal, state or local legislation and/or regulations affecting the financial services industry, or M&T and its subsidiaries individually or collectively, including tax policy; regulatory supervision and oversight, including monetary policy and capital requirements; governmental and public policy changes; political conditions, either nationally or in the states in which M&T and its subsidiaries do business; the initiation and outcome of potential, pending and future litigation, investigations and governmental proceedings, including tax-related examinations and other matters; operational risk events, including loss resulting from fraud by employees or persons outside M&T and breaches in data and cybersecurity; changes in accounting policies or procedures as may be required by the Financial Accounting Standards Board, regulatory agencies or legislation; increasing price, product and service competition by competitors, including new entrants; technological developments and changes; the ability to continue to introduce competitive new products and services on a timely, cost-effective basis; the mix of products and services; protection and validity of intellectual property rights; reliance on large customers; technological, implementation and cost/financial risks in large, multi-year contracts; continued availability of financing; financial resources in the amounts, at the times and on the terms required to support M&T and its subsidiaries' future businesses; and material differences in the actual financial results of merger, acquisition, divestment and investment activities compared with M&T's initial expectations, including the full realization of anticipated cost savings and revenue enhancements.These are representative of the factors that could affect the outcome of the forward-looking statements. In addition, as noted, such statements could be affected by general industry and market conditions and growth rates, general economic and political conditions, either nationally or in the states in which M&T and its subsidiaries do business, and other factors.M&T provides further detail regarding these risks and uncertainties in its Form 10-K for the year ended December 31, 2025, including in the Risk Factors section of such report, as well as in other SEC filings. Forward-looking statements speak only as of the date they are made, and M&T assumes no duty and does not undertake to update forward-looking statements.Financial Highlights



Three Months Ended


March 31,

(Dollars in millions, except per share, shares in thousands)2026
2025
ChangePerformance




Net income$         664
$         584
14 %Net income available to common shareholders620
547
13Per common share:




Basic earnings4.16
3.33
25Diluted earnings4.13
3.32
24Cash dividends1.50
1.35
11Common shares outstanding:




Average - diluted150,109
165,047
-9Period end146,917
162,552
-10Return on (annualized):




Average total assets1.26 %
1.14 %

Average common shareholders' equity9.67
8.36

Taxable-equivalent net interest income$       1,763
$       1,707
3Yield on average earning assets5.36 %
5.52 %

Cost of interest-bearing liabilities2.33
2.70

Net interest spread3.03
2.82

Contribution of interest-free funds.68
.84

Net interest margin3.71
3.66

Net charge-offs to average total net loans (annualized).31
.34

Net operating results (1)




Net operating income$         671
$         594
13Diluted net operating earnings per common share4.18
3.38
24Return on (annualized):




Average tangible assets1.33 %
1.21 %

Average tangible common equity14.51
12.53

Efficiency ratio58.3
60.5








At March 31,
Loan quality2026
2025
ChangeNonaccrual loans$       1,240
$       1,540
-19 %Real estate and other foreclosed assets27
34
-22Total nonperforming assets$       1,267
$       1,574
-20Accruing loans past due 90 days or more (2)$         646
$         384
68Government guaranteed loans included in totals above:




Nonaccrual loans$           85
$           69
22Accruing loans past due 90 days or more634
368
72Nonaccrual loans to total loans.89 %
1.14 %

Allowance for loan losses to total loans1.53
1.63

Additional information




Period end common stock price$     206.72
$     178.75
16Full-service domestic banking offices (3)930
955
-3Full-time equivalent employees21,866
22,291
-2__________________(1)Excludes amortization and balances related to goodwill and core deposit and other intangible assets and merger-related expenses which, except in the calculation of the efficiency ratio, are net of applicable income tax effects. Reconciliations of net income with net operating income appear herein.(2)Predominantly government-guaranteed residential real estate loans.(3)In the first quarter of 2026, thirteen domestic branches formerly classified as full service were designated as limited service per regulatory filings. Financial Highlights, Five Quarter Trend

Three Months Ended
March 31,
December 31,
September 30,
June 30,
March 31,(Dollars in millions, except per share, shares in thousands)2026
2025
2025
2025
2025Performance








Net income$             664
$             759
$             792
$             716
$             584Net income available to common shareholders620
718
754
679
547Per common share:








Basic earnings4.16
4.71
4.85
4.26
3.33Diluted earnings4.13
4.67
4.82
4.24
3.32Cash dividends1.50
1.50
1.50
1.35
1.35Common shares outstanding:








Average - diluted150,109
153,712
156,553
160,005
165,047Period end146,917
151,840
154,518
156,532
162,552Return on (annualized):








Average total assets1.26 %
1.41 %
1.49 %
1.37 %
1.14 %Average common shareholders' equity9.67
10.87
11.45
10.39
8.36Taxable-equivalent net interest income$           1,763
$           1,790
$           1,773
$           1,722
$           1,707Yield on average earning assets5.36 %
5.46 %
5.59 %
5.51 %
5.52 %Cost of interest-bearing liabilities2.33
2.51
2.71
2.71
2.70Net interest spread3.03
2.95
2.88
2.80
2.82Contribution of interest-free funds.68
.74
.80
.82
.84Net interest margin3.71
3.69
3.68
3.62
3.66Net charge-offs to average total net loans (annualized).31
.54
.42
.32
.34Net operating results (1)








Net operating income$             671
$             767
$             798
$             724
$             594Diluted net operating earnings per common share4.18
4.72
4.87
4.28
3.38Return on (annualized):








Average tangible assets1.33 %
1.49 %
1.56 %
1.44 %
1.21 %Average tangible common equity14.51
16.24
17.13
15.54
12.53Efficiency ratio58.3
55.1
53.6
55.2
60.5










March 31,
December 31,
September 30,
June 30,
March 31,Loan quality2026
2025
2025
2025
2025Nonaccrual loans$           1,240
$           1,252
$           1,512
$           1,573
$           1,540Real estate and other foreclosed assets27
35
37
30
34Total nonperforming assets$           1,267
$           1,287
$           1,549
$           1,603
$           1,574Accruing loans past due 90 days or more (2)$             646
$             561
$             432
$             496
$             384Government guaranteed loans included in totals above:








Nonaccrual loans85
83
71
75
69Accruing loans past due 90 days or more634
543
403
450
368Nonaccrual loans to total loans.89 %
.90 %
1.10 %
1.16 %
1.14 %Allowance for loan losses to total loans1.53
1.53
1.58
1.61
1.63Additional information








Period end common stock price$         206.72
$         201.48
$         197.62
$         193.99
$         178.75Full-service domestic banking offices (3)930
942
942
941
955Full-time equivalent employees21,866
22,080
22,383
22,590
22,291_________________(1)Excludes amortization and balances related to goodwill and core deposit and other intangible assets and merger-related expenses which, except in the calculation of the efficiency ratio, are net of applicable income tax effects. Reconciliations of net income with net operating income appear herein.(2)Predominantly government-guaranteed residential real estate loans.(3)In the first quarter of 2026, thirteen domestic branches formerly classified as full service were designated as limited service per regulatory filings. Condensed Consolidated Statement of Income



Three Months Ended


March 31,

(Dollars in millions)2026
2025
ChangeInterest income$     2,536
$     2,560
-1 %Interest expense784
865
-9Net interest income1,752
1,695
3Provision for credit losses140
130
8Net interest income after provision for credit losses1,612
1,565
3Other income




Mortgage banking revenues127
118
8Service charges on deposit accounts139
133
5Trust income183
177
3Brokerage services income35
32
9Trading account and other non-hedging derivative gains14
9
43Gain (loss) on bank investment securities4
—
—Other revenues from operations187
142
31Total other income689
611
13Other expense




Salaries and employee benefits914
887
3Equipment and net occupancy133
132
—Outside data processing and software144
136
5Professional and other services93
84
11FDIC assessments23
23
—Advertising and marketing21
22
-6Amortization of core deposit and other intangible assets9
13
-27Other costs of operations101
118
-15Total other expense1,438
1,415
2Income before taxes863
761
13Income taxes199
177
12Net income$        664
$        584
14 % Condensed Consolidated Statement of Income, Five Quarter Trend

Three Months Ended
March 31,
December 31,
September 30,
June 30,
March 31,(Dollars in millions)2026
2025
2025
2025
2025Interest income$          2,536
$              2,637
$             2,680
$      2,609
$          2,560Interest expense784
858
919
896
865Net interest income1,752
1,779
1,761
1,713
1,695Provision for credit losses140
125
125
125
130Net interest income after provision for credit losses    1,612
1,654
1,636
1,588
1,565Other income








Mortgage banking revenues127
155
147
130
118Service charges on deposit accounts139
140
141
137
133Trust income183
184
181
182
177Brokerage services income35
34
34
31
32Trading account and other non-hedging
     derivative gains14
19
18
12
9Gain (loss) on bank investment securities4
1
1
—
—Other revenues from operations187
163
230
191
142Total other income689
696
752
683
611Other expense








Salaries and employee benefits914
809
833
813
887Equipment and net occupancy133
134
129
130
132Outside data processing and software144
146
138
138
136Professional and other services93
105
81
86
84FDIC assessments23
(8)
13
22
23Advertising and marketing21
32
23
25
22Amortization of core deposit and other
     intangible assets9
10
10
9
13Other costs of operations101
151
136
113
118Total other expense1,438
1,379
1,363
1,336
1,415Income before taxes863
971
1,025
935
761Income taxes199
212
233
219
177Net income$             664
$                 759
$                792
$         716
$             584 Condensed Consolidated Balance Sheet







March 31,

(Dollars in millions)2026
2025
ChangeASSETS




Cash and due from banks$         1,903
$         2,109
-10 %Interest-bearing deposits at banks14,445
20,656
-30Trading account92
96
-4Investment securities38,621
35,137
10Loans:




Commercial and industrial65,391
60,596
8Real estate - commercial23,345
25,867
-10Real estate - residential24,857
23,284
7Consumer26,321
24,827
6Total loans139,914
134,574
4Less: allowance for loan losses2,136
2,200
-3Net loans137,778
132,374
4Goodwill8,465
8,465
—Core deposit and other intangible assets55
93
-41Other assets13,377
11,391
17Total assets$     214,736
$     210,321
2 %





LIABILITIES AND SHAREHOLDERS' EQUITY




Noninterest-bearing deposits$       45,892
$       49,051
-6 %Interest-bearing deposits117,849
116,358
1Total deposits163,741
165,409
-1Short-term borrowings7,851
1,573
399Long-term borrowings11,175
10,496
6Accrued interest and other liabilities3,997
3,852
4Total liabilities186,764
181,330
3Shareholders' equity:




Preferred2,434
2,394
2Common25,538
26,597
-4Total shareholders' equity27,972
28,991
-4Total liabilities and shareholders' equity$     214,736
$     210,321
2 % Condensed Consolidated Balance Sheet, Five Quarter Trend













March 31,
December 31,
September 30,
June 30,
March 31,(Dollars in millions)2026
2025
2025
2025
2025ASSETS








Cash and due from banks$              1,903
$              1,701
$              1,950
$              2,128
$              2,109Interest-bearing deposits at banks14,445
17,068
16,751
19,297
20,656Trading account92
97
95
93
96Investment securities38,621
36,649
36,864
35,568
35,137Loans:








Commercial and industrial65,391
63,548
61,887
61,660
60,596Real estate - commercial23,345
23,819
24,046
24,567
25,867Real estate - residential24,857
24,874
24,662
24,117
23,284Consumer26,321
26,461
26,379
25,772
24,827Total loans139,914
138,702
136,974
136,116
134,574Less: allowance for loan losses2,136
2,116
2,161
2,197
2,200Net loans137,778
136,586
134,813
133,919
132,374Goodwill8,465
8,465
8,465
8,465
8,465Core deposit and other intangible assets55
64
74
84
93Other assets13,377
12,880
12,265
12,030
11,391Total assets$         214,736
$         213,510
$         211,277
$         211,584
$         210,321









LIABILITIES AND SHAREHOLDERS' EQUITY







Noninterest-bearing deposits$           45,892
$           46,509
$           44,994
$           47,485
$           49,051Interest-bearing deposits117,849
120,400
118,432
116,968
116,358Total deposits163,741
166,909
163,426
164,453
165,409Short-term borrowings7,851
2,149
2,059
2,071
1,573Long-term borrowings11,175
10,911
12,928
12,380
10,496Accrued interest and other liabilities3,997
4,364
4,136
4,155
3,852Total liabilities186,764
184,333
182,549
183,059
181,330Shareholders' equity:








Preferred2,434
2,834
2,394
2,394
2,394Common25,538
26,343
26,334
26,131
26,597Total shareholders' equity27,972
29,177
28,728
28,525
28,991Total liabilities and shareholders' equity$         214,736
$         213,510
$         211,277
$         211,584
$         210,321 Condensed Consolidated Average Balance Sheet and Annualized Taxable-equivalent Rates

Three Months Ended
Change in Balance
March 31,
December 31,
March 31,
March 31, 2026 from
2026
2025
2025
December 31,
March 31,(Dollars in millions)Balance
Rate
Balance
Rate
Balance
Rate
2025
2025ASSETS














Interest-bearing deposits at banks$ 16,231
3.71 %
$ 17,964
3.98 %
$ 19,695
4.48 %
-10 %
-18 %Trading account95
3.44
97
3.42
97
3.42
-2
-3Investment securities37,845
4.26
36,705
4.17
34,480
4.00
3
10Loans:














Commercial and industrial63,804
6.00
62,257
6.22
61,056
6.36
2
5Real estate - commercial23,496
6.03
24,101
6.21
26,259
6.16
-3
-11Real estate - residential24,817
4.56
24,765
4.60
23,176
4.44
—
7Consumer26,306
6.48
26,477
6.58
24,353
6.57
-1
8Total loans138,423
5.86
137,600
6.00
134,844
6.06
1
3Total earning assets192,594
5.36
192,366
5.46
189,116
5.52
—
2Goodwill8,465


8,465


8,465


—
—Core deposit and other intangible assets59


69


92


-14
-35Other assets12,710


11,991


10,648


6
19Total assets$  213,828


$  212,891


$  208,321


— %
3 %















LIABILITIES AND SHAREHOLDERS' EQUITY











Interest-bearing deposits














Savings and interest-checking       deposits$  106,593
1.84 %
$  107,287
2.04 %
$  101,564
2.20 %
-1 %
5 %Time deposits13,128
3.01
13,586
3.18
14,220
3.54
-3
-8Total interest-bearing deposits119,721
1.96
120,873
2.17
115,784
2.37
-1
3Short-term borrowings5,695
3.86
2,064
4.21
2,869
4.52
176
98Long-term borrowings11,064
5.49
12,555
5.51
11,285
5.65
-12
-2Total interest-bearing liabilities136,480
2.33
135,492
2.51
129,938
2.70
1
5Noninterest-bearing deposits44,547


44,184


45,436


1
-2Other liabilities4,153


4,245


3,949


-2
5Total liabilities185,180


183,921


179,323


1
3Shareholders' equity28,648


28,970


28,998


-1
-1Total liabilities and shareholders' equity$  213,828


$  212,891


$  208,321


— %
3 %Net interest spread

3.03


2.95


2.82



Contribution of interest-free funds

.68


.74


.84



Net interest margin

3.71 %


3.69 %


3.66 %



 Reconciliation of Quarterly GAAP to Non-GAAP Measures, Five Quarter Trend
Three Months Ended
March 31,
December 31,
September 30,
June 30,
March 31,
2026
2025
2025
2025
2025(Dollars in millions, except per share)








Income statement data








Net income








Net income$             664
$             759
$             792
$             716
$             584Amortization of core deposit and other intangible assets (1)7
8
6
8
10Net operating income$             671
$             767
$             798
$             724
$             594Earnings per common share








Diluted earnings per common share$             4.13
$             4.67
$             4.82
$             4.24
$             3.32Amortization of core deposit and other intangible assets (1)  .05
.05
.05
.04
.06Diluted net operating earnings per common share$             4.18
$             4.72
$             4.87
$             4.28
$             3.38Other expense








Other expense$           1,438
$           1,379
$           1,363
$           1,336
$           1,415Amortization of core deposit and other intangible assets(9)
(10)
(10)
(9)
(13)Noninterest operating expense$           1,429
$           1,369
$           1,353
$           1,327
$           1,402Efficiency ratio








Noninterest operating expense (numerator)$           1,429
$           1,369
$           1,353
$           1,327
$           1,402Taxable-equivalent net interest income$           1,763
$           1,790
$           1,773
$           1,722
$           1,707Other income689
696
752
683
611Less: Gain (loss) on bank investment securities4
1
1
—
—Denominator$           2,448
$           2,485
$           2,524
$           2,405
$           2,318Efficiency ratio58.3 %
55.1 %
53.6 %
55.2 %
60.5 %Balance sheet data








Average assets








Average assets$        213,828
$        212,891
$        211,053
$        210,261
$        208,321Goodwill(8,465)
(8,465)
(8,465)
(8,465)
(8,465)Core deposit and other intangible assets(59)
(69)
(79)
(89)
(92)Deferred taxes19
22
24
26
27Average tangible assets$        205,323
$        204,379
$        202,533
$        201,733
$        199,791Average common equity








Average total equity$         28,648
$         28,970
$         28,583
$         28,666
$         28,998Preferred stock(2,576)
(2,691)
(2,394)
(2,394)
(2,394)Average common equity26,072
26,279
26,189
26,272
26,604Goodwill(8,465)
(8,465)
(8,465)
(8,465)
(8,465)Core deposit and other intangible assets(59)
(69)
(79)
(89)
(92)Deferred taxes19
22
24
26
27Average tangible common equity$         17,567
$         17,767
$         17,669
$         17,744
$         18,074At end of quarter








Total assets








Total assets$        214,736
$        213,510
$        211,277
$        211,584
$        210,321Goodwill(8,465)
(8,465)
(8,465)
(8,465)
(8,465)Core deposit and other intangible assets(55)
(64)
(74)
(84)
(93)Deferred taxes18
20
23
25
26Total tangible assets$        206,234
$        205,001
$        202,761
$        203,060
$        201,789Total common equity








Total equity$         27,972
$         29,177
$         28,728
$         28,525
$         28,991Preferred stock(2,434)
(2,834)
(2,394)
(2,394)
(2,394)Common equity25,538
26,343
26,334
26,131
26,597Goodwill(8,465)
(8,465)
(8,465)
(8,465)
(8,465)Core deposit and other intangible assets(55)
(64)
(74)
(84)
(93)Deferred taxes18
20
23
25
26Total tangible common equity$         17,036
$         17,834
$         17,818
$         17,607
$         18,065_______________(1)After any related tax effect. 



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Original: M&T Bank Corporation (NYSE: MTB) announces first quarter 2026 results

M&T Bank Financing Drives Sagamore Village Restoration, Preserving 200 Affordable Homes in PortlandMarch 31, 2026 8:45 AM
PR Newswire (US)

Innovative public-private financing preserves historic property while expanding access to stable, long-term affordable housing and enhanced resident servicesPORTLAND, Maine, March 31, 2026 /PRNewswire/ -- M&T Bank (NYSE: MTB) today announced it has signed a financing agreement with the Portland Housing Development Corporation (PHDC) to help restore and renovate Sagamore Village, a 200-unit affordable housing development and community center. Sagamore Village demonstrates how creative financing, public-private collaboration and historic preservation tools can deliver largescale affordable housing at a time of critical need in Portland and across the state.This landmark preservation and affordable housing project will focus on removing hazardous materials where possible, improving indoor air quality and updating non-code compliant mechanical, electrical, and plumbing systems. Renovations will also be made to the existing community center, including updates to the community room, kitchen, study center and administrative offices. An expanded food pantry, a new permanent health clinic operated by Greater Portland Health, and other non-profit space, will all bring new life to a historic property while delivering meaningful impact to the community.Sagamore Village was originally constructed in 1942 with the mission to provide housing for World War II Liberty Ship builders. It was later purchased and repurposed by the Portland Housing Authority in 1953 as public housing for low-income families and is listed on the National Register of Historic Places."Sagamore Village has been a home to some families for twenty or thirty years, over multiple generations," said Justin Barker, Development Officer, Portland House Development Corporation. "After decades of deferred capital needs due to lack of funding, we are excited to partner with M&T Bank to revitalize this historic community and provide meaningful improvements to our organization's oldest housing stock and for some of our longest-tenured families. Affordable housing projects are very difficult to accomplish without the use of Low-Income Housing Tax Credits, but M&T Bank has collaborated with us to provide a unique financing structure that works without cutting corners on the renovation scope."This project required a highly complex financing structure that required careful sequencing of construction, historic tax credits and multiple layers of financing. The structure was designed to keep the project moving forward, provide flexibility, and maximize the value of Maine's unique historic tax credit program, allowing the PHDC to act as an investor."Preserving affordable housing is essential to the strength and stability of our communities and this project protects two-hundred homes while giving a historic property new purpose," said Phil Cohen, M&T Bank's Regional President in Maine. "By bringing together the right mix of financing and partners, M&T Bank is helping support the rehabilitation of Sagamore Village that will sustain long-term affordability, enhance resident services, and ensure this community continues to thrive for generations."As part of the closing, M&T also arranged a forward committed Freddie Mac Tax-exempt Loan (TEL), which will serve as the project's permanent financing once construction is complete. This ensures long-term financial stability and affordability for the project.About M&T Bank
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. For more information on M&T Bank, visit www.mtb.com.Media Contacts:
New England
Kathy Curran
(617) 251-0274
Kcurran1 @Olav-1155
dmeservey@mtb.comEqual Housing Lender. © 2026 M&T Bank. NMLS #381076. Member FDIC. All rights reserved.





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Original: M&T Bank Financing Drives Sagamore Village Restoration, Preserving 200 Affordable Homes in Portland

M&T Bank Corporation Announces Common Stock Repurchase ProgramMarch 30, 2026 4:15 PM
PR Newswire (US)

BUFFALO, N.Y., March 30, 2026 /PRNewswire/ -- M&T Bank Corporation ("M&T") (NYSE:MTB) announced that its Board of Directors authorized a share repurchase program to repurchase up to $5.0 billion of M&T common stock, $0.50 par value per share, on the open market or in privately negotiated transactions. The authorization replaces, and terminates effective March 30, 2026, the prior $4.0 billion share repurchase program authorized by the Board of Directors in January 2025.The exact number of shares, timing for such repurchases, and the price and terms at and on which such repurchases are to be made will be at the discretion of M&T and subject to all applicable regulatory limitations.About M&T BankM&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 with a branch and ATM network spanning 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. For more information on M&T Bank, visit www.mtb.com.Equal Housing Lender. © 2026 M&T Bank. NMLS #381076. Member FDIC. All Rights Reserved.Investor Contact:
Rajiv Ranjan
Steve Wendelboe
(716) 842-5138Media Contact:
Frank Lentini
(929) 651-0447Forward-Looking Statements. This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Any statement that does not describe historical or current facts is a forward-looking statement, including statements that are based on current expectations, estimates and projections about the M&T's business, management's beliefs, and assumptions made by management. Forward-looking statements are typically identified by words such as "believe," "expect," "anticipate," "intend," "target," "estimate," "continue," or "potential," by future conditional verbs such as "will," "would," "should," "could," or "may," or by variations of such words or by similar expressions. These statements are not guarantees of future performance and involve certain risks, uncertainties and assumptions which are difficult to predict. Therefore, actual actions, outcomes and results may differ materially from what is expressed or forecasted in such forward-looking statements. M&T provides further detail regarding risks, uncertainties and other factors that could affect the outcome of forward-looking statements in its public filings, including the "risk factors" described in M&T's Form 10-K for the year ended December 31, 2025, and subsequent filings with the Securities and Exchange Commission. Forward-looking statements speak only as of the date made, and M&T does not assume any duty, and does not undertake, to update forward-looking statements.





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Original: M&T Bank Corporation Announces Common Stock Repurchase Program

M&T Bank Names Denise Viola Monahan as Regional President for Philadelphia and Southern New JerseyMarch 30, 2026 8:30 AM
PR Newswire (US)

Veteran banking leader to strengthen client relationships and expand M&T's community-focused approach across the Philadelphia and Southern New Jersey regionPHILADELPHIA, March 30, 2026 /PRNewswire/ -- M&T Bank (NYSE: MTB) today announced the appointment of Denise Viola Monahan as its new Regional President for Philadelphia. Monahan brings to this crucial role over 40 years of financial services experience, deep regional knowledge, leadership acumen and a passion for community engagement, reinforcing M&T's commitment to delivering exceptional service to its customers.







Monahan has served as Wealth Market Leader for Pennsylvania and Southern New Jersey since 2023. In her expanded role as Regional President, she will guide M&T's regional leaders including members of its retail banking, business banking, commercial banking, wealth management, government banking, healthcare and charitable teams. Monahan will also lead the accomplished, cross-functional team to continue collaborating across the local footprint. An active member of the Greater Philadelphia community, she will continue to serve on several boards, including the executive committee of the Southern New Jersey Chamber of Commerce and Mission Kids."I am proud to lead this outstanding team as M&T continues to deepen its impact and advance our mission as a community leader and innovator in Pennsylvania and Southern New Jersey," Monahan said. "We recognize that banking is a highly personal choice. M&T's commitment to unparalleled service and dedication to the needs of our clients and communities where we live and work will remain a cornerstone of everything we do. I look forward to working closely with all our stakeholders to deliver excellence every day."M&T Bank's local presence spreads from Philadelphia and surrounding areas, through the seven counties of Southern New Jersey. In her role, Monahan will work seamlessly with M&T's other community bank regions in Pennsylvania and New Jersey, collectively collaborating to bring our unique offering to make a difference in people's lives."The ability to deliver the scope, resources and capabilities of a diversified financial institution in a way that feels accessible and relevant in each of our markets has long set M&T apart," said Augie Chiasera, M&T Bank Senior Executive Vice President and Head of Community Markets. "As Regional President, Denise will work closely with the Philadelphia leadership team to bring teams and capabilities together across the market to deliver what clients value most: a seamless experience with one connected bank powered by collaboration and shared purpose. Her leadership will play a vital role in expanding our regional banking business, elevating M&T's presence in the market, and enhancing the service we provide to clients and communities."In the Philadelphia and Southern New Jersey region, M&T Bank employs over 500 people across its corporate offices and branches. Last year, M&T provided more than $2.6M in charitable grants, sponsorships and tax credits to 177 community impact organizations in Philadelphia.Lisa Roberts, Head of Wealth for Wilmington Trust added: "Denise is already a role model for M&T and Wilmington Trust teammates locally and she is well-positioned to drive growth, strengthen client relationships and deepen our community impact across the territory."Prior to joining M&T Bank, Monahan spent 32 years at PNC Bank, where she served in roles across sales, credit, project management and training and development. She holds a Bachelor's in Education from Saint Joseph's University. Denise has extensive board leadership experience across education, the arts, child and family advocacy and business organizations. She's served on the Saint Joseph's University board of trustees, including chairing the governance committee, and is a two-time president of the board of the Ronald McDonald House of Southern New Jersey.About M&T Bank
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. For more information on M&T Bank, visit www.mtb.com.Equal Housing Lender. ©2026 M&T Bank.NMLS #381076. Member FDIC. All rights reserved.Media Contact: 
Mike Mullen
917-699-7233
mmullen2@mtb.com 










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Original: M&T Bank Names Denise Viola Monahan as Regional President for Philadelphia and Southern New Jersey

M&T Bank Corporation Announces First Quarter 2026 Earnings Release and Conference CallMarch 20, 2026 8:00 AM
PR Newswire (US)

BUFFALO, N.Y., March 20, 2026 /PRNewswire/ -- M&T Bank Corporation ("M&T") (NYSE:MTB) will announce its first quarter 2026 earnings results in a press release that will be issued before the market opens on Wednesday, April 15, 2026.Following the release, M&T will conduct a conference call and webcast at 8:00 a.m. (ET) to discuss the earnings results. The conference call and webcast may contain forward-looking statements and other material information.Domestic callers wishing to participate in the call may dial toll free (800) 347-7315. International participants, using any applicable international calling codes, may dial (785) 424-1755. Callers should reference M&T Bank Corporation or the conference ID # MTBQ126. The conference call will be webcast live through M&T's website at https://ir.mtb.com/news-events/events-presentations.A replay of the call will be available through Wednesday, April 22, 2026, by calling (800) 723-5759 or (402) 220-2662 for international participants. No conference ID or passcode is required. The webcast archive of the conference call will be available by 3:00 p.m., April 15, 2026, on M&T's website at https://ir.mtb.com/news-events/events-presentations.About M&T 
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 with a branch and ATM network spanning 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. For more information on M&T Bank, visit www.mtb.com.Equal Housing Lender. ©2026 M&T Bank. NMLS #381076. Member FDIC. All Rights Reserved.Investor Contact:
Rajiv Ranjan
Steve Wendelboe
(716) 842-5138Media Contact:
Frank Lentini
(929) 651-0447





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Original: M&T Bank Corporation Announces First Quarter 2026 Earnings Release and Conference Call

M&T Bank CEO René Jones Highlights Strong Performance, Technology Transformation in Annual LetterMarch 16, 2026 8:30 AM
PR Newswire (US)

BUFFALO, N.Y., March 16, 2026 /PRNewswire/ -- M&T Bank (NYSE:MTB) Chairman and CEO René Jones has released his annual message to shareholders, which highlights the bank's consistent, strong financial performance and its investments in technology and talent.







This year's letter:Underscores M&T Bank's strong financial results in 2025 — including a record $2.88 billion in earnings — and reveals how the company outperformed peers amid an uncertain operating environmentTells the story of M&T Bank's technology transformation and details the outcome and long-term impact of its investments in technologyReflects on how M&T Bank embraces financial innovation, the company's approach to talent development and its commitment to the fundamentals of banking"Last year, we generated record earnings while deepening our presence in key markets, expanding access in new communities and innovating to better serve our clients," wrote Jones. "We are well positioned to continue to grow and prosper."Jones emphasized how the bank outperformed against the backdrop of an uncertain operating environment: "We navigated a range of uncertainties this past year, from geopolitics to interest rates, and stayed focused on building a bank that will endure for generations to come. We avoided chasing short-term growth and doubled down on generating consistent, high-quality earnings to outperform over the long-term."Jones also noted how the banking industry faced a "Rorschach Economy" where, "like the inkblot test," what you experience depends on who you are. While some communities benefited from economic growth and stock market gains, for example, others faced weakness including in the private credit market. "Our job is to look under the hood — beyond the economic headlines — to examine what's happening on the ground in our regions," wrote Jones. "Just as a mechanic checks the parts that keep a car running, we examine the real conditions that affect our bank and our clients — how businesses invested and hired, how housing costs affected different types of consumers and where pressure may be building."As he has done in past years, Jones closed his letter by expressing gratitude to M&T Bank's employees: "As technology evolves and the banking landscape changes, we remain grounded in what has always set us apart," Jones wrote. "While others chase the new siren song, we will continue to steadfastly hum a familiar refrain. We'll keep doing what we do — and what we do is hire and cultivate the best people to serve our clients and run our bank. Because, we believe deeply, that it is the very best people who bring the adaptability to navigate change, the creativity to innovate and the judgment to carry forward what matters most to our clients, our communities and each other."To read the full letter, visit M&T's Bank Investor Relations page at ir.mtb.com.About M&T Bank 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 with a branch and ATM network spanning 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. For more information about M&T Bank, visit www.mtb.com.Equal Housing Lender. © 2026 M&T Bank. NMLS# 381076. Member FDIC. All rights reserved.Media Contact: Frank Lentini
(929) 651-0447
flentini@mtb.com 










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Original: M&T Bank CEO René Jones Highlights Strong Performance, Technology Transformation in Annual Letter

M&T Bank Awarded for Its Commitment to Serving Small-Business and Middle-Market CustomersFebruary 11, 2026 9:15 AM
PR Newswire (US)

Crisil Coalition Greenwich recognizes bank for its small-business customer service and middle-market customer satisfactionBUFFALO, N.Y., Feb. 11, 2026 /PRNewswire/ -- M&T Bank (NYSE:MTB) has been recognized by Crisil Coalition Greenwich as Best Bank for its small-business customer service and middle-market customer satisfaction in the US.







The Coalition Greenwich 2026 Awards for Best Bank are determined by research scores that measure the quality of service and products by providers. M&T received the following 2026 awards for its excellence in small business and middle-market banking:Small BusinessBest Bank – Customer Service for Small Business Banking in the U.S.Best Bank – Ease of Making Payments for Small Business Banking in the U.S.Best Bank – Product Capabilities in Cash Management for Small Business Banking in the U.S.Best Bank – Trust for Small Business Banking in the U.S.Middle MarketBest Bank – Satisfaction with RM for Middle Market Banking in the U.S. (Northeast)Best Bank – Satisfaction with Cash Management Sales Specialist for Middle Market Banking in the U.S.Best Bank – Product Capabilities in Cash Management for Middle Market Banking in the U.S.Source - Coalition Greenwich Voice of Client - 2025 U.S. Commercial Banking StudySince 2011, M&T has earned 186 Coalition Greenwich Awards, highlighting the bank's established reputation for providing outstanding customer service to small-business and middle-market customers throughout its footprint. Crisil Coalition Greenwich is a leading provider of strategic benchmarking, analytics and insights to the financial services industry."M&T Bank is proud to once again be awarded for our commitment to serving our small businesses and middle market customers," said Eric Feldstein, M&T's Head of Retail and Business Banking. "This recognition goes to the heart of who we are as a bank, providing the personalized customer experience of a local, community bank, while offering the financial technology, services, stability, and sophistication of a global financial institution."About M&T Bank
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 with a branch and ATM network spanning 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. For more information about M&T Bank, visit www.mtb.com.Equal Housing Lender. © 2026 M&T Bank. NMLS# 381076. Member FDIC. All rights reserved. Media Contact:
Frank Lentini
(929) 651-0447 / flentini@mtb.com










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Original: M&T Bank Awarded for Its Commitment to Serving Small-Business and Middle-Market Customers

M&T Bank Appoints Jeff Carpenter Regional President for MassachusettsFebruary 2, 2026 7:05 AM
PR Newswire (US)

Industry veteran brings 20+ years of expertise to drive growth, reinforce commitment to customer service and lead community engagementBOSTON, Feb. 2, 2026 /PRNewswire/ -- M&T Bank (NYSE: MTB) today announced the appointment of Jeff Carpenter as its new Regional President of Massachusetts. With more than two decades of corporate and specialty banking experience, Carpenter brings deep regional knowledge, financial expertise and a strong record of leadership to this role, reinforcing M&T's commitment to delivering exceptional service to its customers.Carpenter has served as Executive Vice President, Head of Specialty and Corporate Banking since 2023. In his expanded role as Regional President, he will guide M&T's regional leaders – including members of its retail banking, business banking, commercial banking, wealth management, government banking and charitable teams. Carpenter will also lead the strong, collaborative Boston-based team already at the core of the region's success. An active member of the Boston community, he will continue to serve on several boards, including the YMCA of Greater Boston, Just Living Communities and the Greater Boston Chamber of Commerce."Jeff's appointment underscores M&T Bank's commitment to strong, local leadership in Massachusetts as we continue to grow our presence in across New England," said Augie Chiasera, M&T Bank Senior Executive Vice President and Head of Community Markets. "Having been part of M&T for years, Jeff brings a deep understanding of our culture and strategy and will now lead an already strong, deeply engaged team in Boston. With his extensive experience in specialty and corporate banking and understanding of capital markets, Jeff is well positioned to drive growth, strengthen client relationships and deepen our community impact across the Commonwealth."M&T Bank's Massachusetts' headquarters sits in the heart of Boston, at the intersection of innovation, medical research and higher education. Carpenter will focus on deepening partnerships across these sectors and shaping a forward-thinking workplace culture that anticipates the future and thrives on creativity and high performance."I am honored to be given the opportunity to lead this extraordinary team as M&T deepens its impact while supporting innovation in Massachusetts," said Carpenter. "Choosing where to bank is personal. M&T combines the strength of a large bank with local, tailored service, allowing us to support customers and communities in meaningful ways. I look forward to working across the team to strengthen client service and deliver results that help people grow their businesses, buy homes and reach their goals."In Massachusetts, M&T Bank employs 678 people across its corporate offices and its network of 61 branches. Last year, M&T was recognized among the top 25 most charitable organizations in the state donating nearly $5 million to local nonprofits. In addition, our local employees provided 7300 hours of volunteer service.Prior to joining M&T Bank, Carpenter led several Capital Markets, Commercial Banking and Credit teams at People's United Bank, Banco Santander and Sovereign Bank. Jeff holds a B.S. in Finance from Bentley University.About M&T Bank
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. For more information on M&T Bank, visit www.mtb.com.Equal Housing Lender. © 2026 M&T Bank. NMLS #381076. Member FDIC. All rights reserved. Media Contacts: 
New England
Kathy Curran
(617) 251-0274
Kcurran1 @Olav-1155
dmeservey@mtb.com










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Original: M&T Bank Appoints Jeff Carpenter Regional President for Massachusetts

I’d love to see someone cover their loan portfolio, they have a ton of CRE loans on their book, just can’t see the details anywhere

MTB 10Q due 4/15

Morgan Stanley reiterates over weight with a $155
today 10:41
stock at 137.68 midday

UBS raises to $143 from 136, neutral

Wedbush raises to $156 from 149
RBC cuts to $175 from 183

Yesterday's close $138.10

$MTB Unless they said something dumb in the earnings call, this could go to 160

The risk is commercial real estate in NYC

News: $MTB Is M&T Bank a Buy?

M&T Bank (NYSE: MTB) has not escaped the wrath of the COVID-19 pandemic. The bank's stock price is down 37% this year through Friday's close, hammered by low interest rates and high provision of credit losses. It has been pretty much the same story for most banks during this pandemic. P...

Got this from MTB - Is M&T Bank a Buy?

Preferred Shares crashing down due to new offering. 800,000 more shares going to be pumped in at $25 - no point paying a premium anymore. Someone recently dumped $1.3 million last week pretty quickly, so they must have known about the increase in shares coming and that the premium wouldn't hold. I assume the November call date is no longer in play if they are selling off 800,000 new shares...

Don't pay the premium over the $25 for MTBCP, as you can just take advantage of the offering at $25

hanging like a cheap chandelier...

150 ,,, naAaAhh.

yes

I'm happy for u...mtb yes ser!

I don't miss Hudson at all. Lost a lot of money in that position. Fortunately, have made it back with MTB

wow, 160

wish Hudson city was still around!

do u C MTB basing at 140 or closer to 150 ..?

as a door nail

Down 10 percent post close today. Any idea why? Is the Trump rally for banks finally coming to an end?

Down 10 percent post close today. Any idea why?

WOW. IS this a dead board or what??????

Marker;
M & T Bank Corp (MTB)
$127.52 up 0.78 (0.62%)
Volume: 273,455

Has this thing found the bottom yet. They have a huge asset in Stewart, BC. And here they sit in the pits. This should be trading around .09 which is half of today's price.

~ Tuesday! $MTB ~ Q2 Earnings expected today or coming soon! In Charts and Links Below!

~ $MTB ~ Earnings expected on Tuesday *
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<<<<<< http://www.earningswhispers.com/stocks.asp?symbol=MTB >>>>>>



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*If the earnings date is in error please ignore error. I do my best.

Fitch Affirms M&T Bank Corporation's IDR at 'A-'; Outlook Revised to Stable
MarketWatch (press release) - Jun 28, 2012
NEW YORK, Jun 28, 2012 (BUSINESS WIRE) -- Fitch Ratings has affirmed the long-term and short-term Issuer Default Ratings (IDRs) of M&T Bank Corporation (MTB) at 'A-' and 'F1', respectively.
TEXT-Fitch affirms M&T Bank Corp IDR, revises outlook to stable Reuters

http://www.marketwatch.com/story/fitch-affirms-mt-bank-corporations-idr-at-a-outlook-revised-to-stable-2012-06-28

M&T Bank Corporation Announces First Quarter Profits
http://ih.advfn.com/p.php?pid=nmona&article=52013784&symbol=MTB

~ Monday! $MTB ~ Q1 Earnings posted, pending or coming soon! In Charts and Links Below!

~ $MTB ~ Earnings expected on Monday *
Want more like this? Search Keyword: MACMONEY >>> http://tinyurl.com/MACMONEY <<<
One or more of many earnings sites has alerted this security has or will be posting earnings on or around the day of this message.








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<<<<<< http://www.earningswhispers.com/stocks.asp?symbol=MTB >>>>>>



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*If the earnings date is in error please ignore error. I do my best.

M&T Bank Corporation (M&T) is a bank holding company. As of December 31, 2011, M&T had two wholly owned bank subsidiaries: M&T Bank and Wilmington Trust, National Association (Wilmington Trust, N.A.). The banks collectively offer a range of retail and commercial banking, trust, wealth management and investment services to their customers. The Company conducts lending activities in various states through other subsidiaries. M&T Bank and certain of its subsidiaries also offer commercial mortgage loans secured by income producing properties or properties used by borrowers in a trade or business. Additional financial services are provided through other operating subsidiaries of the Company. Its segments include Business Banking, Commercial Banking, Commercial Real Estate, Discretionary Portfolio, Residential Mortgage Banking and Retail Banking. On May 16, 2011, M&T acquired all of the outstanding common stock of Wilmington Trust Corporation (Wilmington Trust).

http://www.google.com/finance?q=MTB