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M&T Bank Corporation (MTB)

Stock Price: $129.33 USD 0.34 (0.26%)
Updated Jul 23, 2021 4:00 PM EDT - Market closed
M&T Bank Corporation
Country United States
Founded 1856
Industry Banks-Regional
Sector Financial Services
Employees 17,157
CEO Rene Jones

Contact Details

Address:1 M And T Plz Fl 5
Buffalo, New York 14203-2309
United States
Phone 716 635 4000

Stock Information

Ticker Symbol MTB
Exchange NYSE
Fiscal Year January - December
Reporting Currency US Dollars
CIK Code 0000036270
CUSIP Number 320076102
ISIN Number US55261F1049
Employer ID 16-0968385

Company Description

M&T Bank Corporation operates as a bank holding company that provides commercial and retail banking services.

The company's Business Banking segment offers deposit, lending, cash management, and other financial services to small businesses and professionals. Its Commercial Banking segment provides deposit products, commercial lending and leasing, letters of credit, and cash management services for middle-market and large commercial customers.

The company's Commercial Real Estate segment originates, sells, and services commercial real estate loans; and offers deposit services. Its Discretionary Portfolio segment provides deposits; securities, residential real estate loans, and other assets; and short and long term borrowed funds, as well as foreign exchange services.

The company's Residential Mortgage Banking segment offers residential real estate loans for consumers and sells those loans in the secondary market; and purchases servicing rights to loans originated by other entities.

Its Retail Banking segment offers demand, savings, and time accounts; consumer installment loans, automobile and recreational finance loans, home equity loans and lines of credit, and credit cards; mutual funds and annuities; and other services.

The company also provides trust and wealth management; fiduciary and custodial; investment management; and insurance agency services. It offers its services through banking offices, business banking centers, telephone and Internet banking, mobile banking, and automated teller machines.

As of December 31, 2020, the company operates 716 domestic banking offices in New York State, Maryland, New Jersey, Pennsylvania, Delaware, Connecticut, Virginia, West Virginia, and the District of Columbia; a full-service commercial banking office in Ontario, Canada; and an office in George Town, Cayman Islands.

M&T Bank Corporation was founded in 1856 and is headquartered in Buffalo, New York.

Key Executives

NamePosition
Rene F. Jones CPAChairman and Chief Executive Officer
Richard S. GoldPresident, Chief Operating Officer and Director
Darren J. KingExecutive Vice President and Chief Financial Officer
Kevin J. PearsonVice Chairman and Director
Doris Powers MeisterExecutive Vice President of Wealth and Institutional Services
Michael R. SpychalaSenior Vice President, Controller and Principal Accounting Officer
Donald J. MacLeodAdministrative Vice President, Assistant Secretary and Director of IR
Marianne E. RocheChief Regulatory Counsel and Enterprise Compliance Risk Manager
Laura P. O'HaraExecutive Vice President and General Counsel
Francesco LagutaineSenior Vice President and Chief Marketing and Communications Officer