Company M&T Bank Corporation

Company M&T Bank Corporation

MTB

US55261F1049

Banks

Analysts' Consensus

Equities

MTB

US55261F1049

Banks

Analysts' Consensus

Business Summary

Sales per Business

Sales per region

Managers

Members of the board

Share class

Shareholders

Company contact information

Group companies

Sector

Sales per Business

Ratings for M&T Bank Corporation

EPS Revisions

Quarterly earnings - Rate of surprise

Sector Other Banks

Business Summary

Sales per Business

Sales per region

Managers

Members of the board

Share class

Shareholders

Company contact information

Group companies

Sector

Sales per Business

Ratings for M&T Bank Corporation

EPS Revisions

Quarterly earnings - Rate of surprise

Sector Other Banks

Market Closed - Nyse Other stock markets 04:00:02 2024-04-15 pm EDT			5-day change	1st Jan Change
140.9 ^USD	+4.74%		+0.26%	+2.82%

01:18pm	M&T Bank profit slumps on lower interest income, bigger rainy-day funds	RE
12:31pm	M&T Bank's Q1 Operating Earnings, Revenue Fall	MT

M&T Bank Corporation is a banking group organized around 7 business sectors:

- retail banking (29.4% of net interest income): sales of standard and specialized banking products and services (leasing, factoring, insurance, etc.);

- commercial banking (22.3%);

- real estate assets management (16.8%);

- business banking (13.6%);

- finance and investment banking (12.6%);

- mortgage banking (2.4%);

- other (2.9%).

At the end of 2021, the bank had USD 131.5 billion in current deposits and USD 93.1 billion in current loans.

Number of employees: 21,980

USD in Million	2022	Weight	2023	Weight	Delta
Retail Bank 53.0 %	2,306	28.2 %	5,114	53.0 %	+121.80%
Commercial Bank 31.8 %	1,745	21.3 %	3,067	31.8 %	+75.73%
Institutional Services and Wealth Management 17.7 %	-	-	1,705	17.7 %	-
All Other -2.5 %	1,794	21.9 %	-243	-2.5 %	-113.54%

USD in Million	2022	Weight	2023	Weight	Delta
United States 100.0 %	8,179	100.0 %	9,643	100.0 %	+17.91%

Managers	Title	Age	Since
René Jones CEO	Chief Executive Officer	59	04-12-31
Daryl Bible DFI	Director of Finance/CFO	63	23-05-31
Tracy Woodrow ADM	Chief Administrative Officer	-	12-12-31
Michael Wisler CTO	Chief Tech/Sci/R&D Officer	-	-
Brian Klock IRC	Investor Relations Contact	-	21-05-16
Glenn Jackson PRN	Corporate Officer/Principal	-	18-12-05
Laura O'Hara LAW	General Counsel	-	17-08-20
Brian E. Hickey PRN	Corporate Officer/Principal	71	94-04-30
Mike Drury PRN	Corporate Officer/Principal	-	-
Nicolas Boesch PRN	Corporate Officer/Principal	-	-

Members of the board	Title	Age	Since
Robert Brady BRD	Director/Board Member	83	93-12-31
René Jones CEO	Chief Executive Officer	59	04-12-31
William Cruger BRD	Director/Board Member	65	22-03-31
Gary Geisel BRD	Director/Board Member	75	08-12-31
Robert Sadler BRD	Director/Board Member	78	82-12-31
Kirk Walters BRD	Director/Board Member	68	22-03-31
John Barnes BRD	Director/Board Member	68	22-03-31
Denis Salamone BRD	Director/Board Member	70	14-12-31
John Scannell BRD	Director/Board Member	60	17-11-19
Jane Chwick BRD	Director/Board Member	61	22-03-31

	Vote	Quantity	Free-Float	Company-owned shares	Total Float
Stock A	1	179,924,589	165,873,437 ( 92.19 %)	13,300,298 ( 7.392 %)	87.11 %
Stock B	0	10,490,000	0	0

Name	Equities	%	Valuation
Vanguard Fiduciary Trust Co. 11.66 %	19,435,157	11.66 %	2 827 M $
Wellington Management Co. LLP 8.007 %	13,341,119	8.007 %	1 940 M $
BlackRock Advisors LLC 6.031 %	10,048,889	6.031 %	1 462 M $
STATE STREET CORPORATION 5.486 %	9,141,128	5.486 %	1 329 M $
Fidelity Management & Research Co. LLC 4.447 %	7,409,229	4.447 %	1 078 M $
JPMorgan Investment Management, Inc. 4.192 %	6,984,444	4.192 %	1 016 M $
Invesco Advisers, Inc. 2.912 %	4,851,800	2.912 %	706 M $
State Farm Investment Management Corp. 2.474 %	4,122,590	2.474 %	600 M $
Geode Capital Management LLC 2.284 %	3,805,123	2.284 %	553 M $
Charles Schwab Investment Management, Inc. 2.154 %	3,588,469	2.154 %	522 M $

Name	Equities	%	Valuation
Flaherty & Crumrine, Inc. -	0	-	- $
Whittier Advisors LLC -	0	-	- $

Name	Equities	%	Valuation
Connectus Wealth LLC 3.031 %	303,086	3.031 %	7 M $
Flaherty & Crumrine, Inc. 3.028 %	302,753	3.028 %	7 M $
PNC Investments LLC 1.096 %	109,568	1.096 %	3 M $
Kirk Walters 0.4000 %	40,000	0.4000 %	920 400 $
NWQ Investment Management Co. LLC 0.006960 %	696	0.006960 %	16 015 $

Name	Equities	%	Valuation
DoubleLine Capital LP -	0	-	- $
Flaherty & Crumrine, Inc. -	0	-	- $

Name	Equities	%	Valuation
DoubleLine Capital LP -	655,000	-	570 571 $

Name	Equities	%	Valuation
Capital Research & Management Co. (Fixed Income Investors) -	0	-	- $

M&T Bank Corp.

One M&T Plaza 5th floor

14203, Buffalo

+716 635 4000

http://www.mtb.com

Name	Category and Sector
Wilmington Trust SP Services (London) Ltd. Wilmington Trust SP Services (London) Ltd. Miscellaneous Commercial ServicesCommercial Services Part of M & T Bank Corp., Wilmington Trust SP Services (London) Ltd. is a British company that provides management and consulting services. The private company is based in London, UK and was founded in 1990.	Miscellaneous Commercial Services
Wilmington Trust (London) Ltd. Wilmington Trust (London) Ltd. Investment Banks/BrokersFinance Founded in 2005, Wilmington Trust (London) Ltd. is a securities and structured finance management specialist. Part of M & T Bank Corp., the private company is based in London, UK.	Investment Banks/Brokers
Wilmington Trust SP Services (Frankfurt) GmbH Wilmington Trust SP Services (Frankfurt) GmbH Investment ManagersFinance Part of M&T Bank Corp., Wilmington Trust SP Services (Frankfurt) GmbH is a company based in Frankfurt am Main, Germany.	Investment Managers
Fastnet Securities 13 DAC	Finance/Rental/Leasing
Fastnet Securities 14 DAC
Pillar Finance DAC Pillar Finance DAC Finance/Rental/LeasingFinance Pillar Finance DAC provides finance services. The private company is located in Ireland.	Finance/Rental/Leasing
Cairo No 1 Finance DAC
Cairo No. 2 Finance DAC Cairo No. 2 Finance DAC Finance/Rental/LeasingFinance Cairo No. The private company is located in Ireland. 2 Finance DAC operates as a special purpose financial vehicle.	Finance/Rental/Leasing
PPC Energy Finance DAV
ERB Recovery DAC ERB Recovery DAC Financial ConglomeratesFinance Part of M & T Bank Corp., ERB Recovery DAC is an Irish company that provides financial services. The private company is located in Ireland.	Financial Conglomerates
PPC Zeus DAC
Vega III NPL Finance DAC
Wilmington Trust SAS
SME Platform UK Lending No. 1 DAC

Trading Rating

Investor Rating

ESG Refinitiv

C+

More Ratings

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

134.6 USD

Average target price

160.4 USD

Spread / Average Target

+19.24%

Consensus

Estimates Revisions

Company calendar

	1st Jan change	Capi.
M&T BANK CORPORATION	-1.84%	22.42B
JPMORGAN CHASE & CO.	+7.46%	525B
BANK OF AMERICA CORPORATION	+6.30%	282B
INDUSTRIAL AND COMMERCIAL BANK OF CHINA LIMITED	+5.50%	242B
WELLS FARGO & COMPANY	+14.73%	198B
BANK OF CHINA LIMITED	+9.40%	166B
CHINA CONSTRUCTION BANK CORPORATION	+3.66%	157B
HSBC HOLDINGS PLC	+3.28%	151B
ROYAL BANK OF CANADA	+1.24%	139B
HDFC BANK LIMITED	-12.55%	138B

Other Banks

Financials

Banking & Investment Services

Banking Services

Other Banks