Institutional investors purchased a net $1.4 million shares of MTB during the quarter ended December 2012 and now own 80.75% of the total shares outstanding. This majority interest is a greater percentage than is typical for companies in the Regional Banks industry and highlights that the smart money sees this stock as an important holding.
| Individual stakeholders | 5.71% |
| Mutual fund holders | 41.30% |
| Other institutional | 39.45% |