M&T Bank Corp (NYSE:MTB)

During the Trading Day
127.14 +0.85 / +0.67%
Data as of 4:01pm ET
Day’s Change
During After-Hours   Switch to standard view »
127.14 0.00 / 0.00%
 
Volume: 23.5K
SECTOR
Finance
INDUSTRY
Regional Banks
MARKET CAP
$16.7B

Company Description

M&T Bank Corp. operates as a bank holding company. The company, through its wholly owned subsidiaries, M&T Bank and Wilmington Trust NA, offers a wide range of retail and commercial banking, trust, wealth management and investment services to their customers. It offers a broad range of financial services to a diverse base of consumers, businesses, professional clients, governmental entities and financial institutions located in its markets. The bank operates through following segments: Business Banking, Commercial Banking, Commercial Real Estate, Discretionary Portfolio, Residential Mortgage Banking and Retail Banking. The Business Banking segment provides a wide range of services to small businesses and professionals through the company's branch network, business banking centers and other delivery channels such as telephone banking, Internet banking and automated teller machines within markets served by the company. Its services and products include various business loans and leases, including loans guaranteed by the Small Business Administration, business credit cards, deposit products, and financial services such as cash management, payroll and direct deposit, merchant credit card and letters of credit. The Commercial Banking segment provides a wide range of credit products and banking services for middle-market and large commercial customers. Its services include commercial lending and leasing, letters of credit, deposit products, and cash management services. The Commercial Real Estate segment provides credit and deposit services to its customers. The Discretionary Portfolio segment includes investment and trading securities, residential mortgage loans and other assets, short-term and long-term borrowed funds, brokered certificates of deposit and interest rate swap agreements related thereto, and Cayman Islands branch deposits. It also provides foreign exchange services to customers. The Residential Mortgage Banking segment originates and services residential mortgage loans and sells substantially all of those loans in the secondary market to investors. The Retail Banking segment offers a variety of services to consumers through several delivery channels which include branch offices, automated teller machines, telephone banking and Internet banking. The company was founded in November 1969 and is headquartered in Buffalo, NY.

Contact Information

M&T Bank Corp.
One M&T Plaza
Buffalo New York 14203-2399
P:(716) 842-5445
Investor Relations:
(716) 842-5462

Employees

Shareholders

Individual stakeholders5.47%
Mutual fund holders43.63%
Other institutional42.15%

Top Executives

Robert G. WilmersChairman & Chief Executive Officer
Mark J. CzarneckiPresident, Chief Operating Officer & Director
René F. JonesChief Financial Officer & Executive Vice President
Michele D. TrolliChief Information Officer & Executive VP
Julieta RossChief Technology Officer & Senior Vice President

To view my watchlist

Not a member yet?

Sign up now for a free account
Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer Morningstar: © 2014 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2014 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2014. All rights reserved. Most stock quote data provided by BATS.