MTB M & T Bank

M&T Bank Corp. operates as a bank holding company, which engages in the provision of retail and commercial banking, trust, wealth management and investment services. It operates through following segments: Business Banking, Commercial Banking, Commercial Real Estate, Discretionary Portfolio, Residential Mortgage Banking, and Retail Banking. The Business Banking segment provides services to small businesses and professionals through the company's branch network, business banking centres and other delivery channels such as telephone banking, Internet banking and automated teller machines. The Commercial Banking segment offers credit products and banking services for middle-market and large commercial customers. The Commercial Real Estate segment includes credit and deposit services to its customers. The Discretionary Portfolio segment consists of 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. The Residential Mortgage Banking segment comprises of residential mortgage loans and sells substantially all of those loans in the secondary market to investors. The Retail Banking segment offers services to consumers through several delivery channels which include branch offices, automated teller machines, telephone banking, and Internet banking. The company was founded on August 30, 1856 and is headquartered in Buffalo, NY.
Company profile
Ticker
MTB
Exchange
Website
CEO
Rene Jones
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
Former names
FIRST EMPIRE STATE CORP
SEC CIK
Corporate docs
IRS number
160968385
MTB stock data
()
News
6 Catalysts Bank Stock Investors Should Watch In 2021
1 Mar 21
Morgan Stanley Maintains Equal-Weight on M&T Bank, Raises Price Target to $167
24 Feb 21
RBC Capital Maintains Outperform on M&T Bank, Raises Price Target to $166
23 Feb 21
Wells Fargo Maintains Equal-Weight on M&T Bank, Raises Price Target to $160
23 Feb 21
M&T Bank Corporation To Acquire People's United Financial, Inc.; People's United Shareholders To Receive 0.118 Shares Of M&T, Implied Total Transaction Value Is ~$7.6B
22 Feb 21
Press releases
Lifshitz Law Firm, P.C. Announces Investigation of APEX, CTB, GT, FRTA, PAND, PRAH, ICLR, PBCT and MBT
1 Mar 21
M&T Bank Corporation to Participate in 2021 RBC Capital Markets Global Financial Institutions Conference
1 Mar 21
PEOPLE'S UNITED INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of People's United Financial, Inc. - PBCT
24 Feb 21
SHAREHOLDER ALERT: Rigrodsky Law, P.A. Announces Investigation of People's United Financial, Inc. Merger
22 Feb 21
SHAREHOLDER ALERT: WeissLaw LLP Investigates People's United Financial, Inc.
22 Feb 21
Investment data
Top 50 of 1599 long holdings End of quarter 31 Dec 20 |
Value |
#Shares |
---|---|---|
$1.21B | 17.48M | |
$828.08M | 6.24M | |
$689.71M | 3.26M | |
$565.06M | 2.34M | |
$564.82M | 9.1M | |
$538.3M | 2.75M | |
$527.03M | 2.25M | |
$524.69M | 2.36M | |
$456.02M | 1.21M | |
$425.02M | 4.82M | |
$409.12M | 6.41M | |
$368.64M | 7.34M | |
$347.39M | 2.99M | |
$323.05M | 2.05M | |
Vanguard Tax-managed Intl FD
|
$321.07M | 6.8M |
$319.68M | 98.15K | |
$248.7M | 665.19K | |
$247.58M | 1.95M | |
$232.59M | 1.67M | |
$201.82M | 565.43K | |
$201.34M | 1.47M | |
$194.34M | 1.31M | |
$184.05M | 2.52M | |
$183.65M | 534.33K | |
$182.47M | 2.23M | |
$174.7M | 99.72K | |
$159.31M | 2.87M | |
$158.34M | 552.27K | |
$157.88M | 2.33M | |
$156.48M | 2.2M | |
$147.68M | 969.4K | |
Vanguard Intl Equity Index F
|
$146.02M | 2.91M |
$144.02M | 542.2K | |
$142.13M | 1.11M | |
$136.6M | 1.2M | |
$133.91M | 2.99M | |
$128.68M | 1.01M | |
$126.52M | 463.16K | |
$122.1M | 169.22K | |
$119.03M | 674.28K | |
$116.39M | 2.12M | |
$115.99M | 3.15M | |
$111.77M | 2.71M | |
$106.24M | 586.39K | |
$101.73M | 438.73K | |
$100.24M | 283.33K | |
$98.7M | 1.59M | |
$98.38M | 3.42M | |
$97.47M | 55.61K | |
$97.43M | 1.86M |
Holdings list only includes long positions.
Only includes long positions.
Calendar
22 Feb 21
2 Mar 21
31 Dec 21
Financial summary
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Dec 20 | Sep 20 | Jun 20 | Mar 20 | |
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Diluted EPS |
Annual (USD) |
Dec 20 | Dec 19 | Dec 18 | Dec 17 | |
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Diluted EPS |
Financial data from M & T Bank earnings reports.
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
5 Feb 21 | Bojdak Robert J | Common Stock | Payment of exercise | Dispose F | No | No | 140.4 | 206 | 28.92K | 20,803 |
5 Feb 21 | Bojdak Robert J | Common Stock | Grant | Aquire A | No | No | 0 | 650 | 0 | 21,009 |
5 Feb 21 | John L DAngelo | Common Stock | Payment of exercise | Dispose F | No | No | 140.4 | 119 | 16.71K | 4,509 |
5 Feb 21 | John L DAngelo | Common Stock | Grant | Aquire A | No | No | 0 | 375 | 0 | 4,628 |
5 Feb 21 | William J Farrell II | Common Stock | Payment of exercise | Dispose F | No | No | 140.4 | 151 | 21.2K | 13,348.86 |
5 Feb 21 | William J Farrell II | Common Stock | Grant | Aquire A | No | No | 0 | 505 | 0 | 13,499.86 |
5 Feb 21 | Richard S Gold | Common Stock | Payment of exercise | Dispose F | No | No | 140.4 | 657 | 92.24K | 47,350.944 |
5 Feb 21 | Richard S Gold | Common Stock | Grant | Aquire A | No | No | 0 | 2,075 | 0 | 48,007.944 |
5 Feb 21 | Jones Rene F | Common Stock | Payment of exercise | Dispose F | No | No | 140.4 | 1,558 | 218.74K | 69,468.79 |
5 Feb 21 | Jones Rene F | Common Stock | Grant | Aquire A | No | No | 0 | 3,419 | 0 | 71,026.79 |
Institutional ownership Q4 2020
81.6% owned by funds/institutions
13F holders |
Current |
---|---|
Total holders | 584 |
Opened positions | 98 |
Closed positions | 71 |
Increased positions | 179 |
Reduced positions | 220 |
13F shares |
Current |
---|---|
Total value | 74.93B |
Total shares | 104.91M |
Total puts | 318.6K |
Total calls | 509.3K |
Total put/call ratio | 0.6 |
Largest owners |
Shares | Value |
---|---|---|
Vanguard | 13.58M | $1.73B |
BLK Blackrock | 10.51M | $1.34B |
FMR | 10.41M | $1.32B |
STT State Street | 6.93M | $882.48M |
IVZ Invesco | 4.67M | $594.64M |
State Farm Mutual Automobile Insurance | 4.5M | $572.84M |
Wellington Management | 4.28M | $544.75M |
JPM JPMorgan Chase & Co. | 4.04M | $514.61M |
Geode Capital Management | 2.26M | $287.08M |
Charles Schwab Investment Management | 1.68M | $214.06M |
Financial report summary
?Competition
Evans Bancorp • BV Financial • BankUnited • Pathfinder Bancorp • FVCBankcorp • Pioneer Bancorp • Bogota FinancialContent analysis
?
Positive | ||
Negative | ||
Uncertain | ||
Constraining | ||
Legalese | ||
Litigous | ||
Readability |
H.S. sophomore Bad
|
New words:
AARC, absence, accidental, actor, adaptive, AMLA, ARRC, attack, attacker, authentication, belonging, bespoke, blended, Bridgeport, BSA, Butler, Calvin, candid, capable, capping, CET, champion, characteristic, choice, closer, closure, CME, color, comment, concurrence, coupon, covenant, cultivate, culture, curtailed, customary, decided, decrypt, degrade, denial, deployment, destroy, detrimental, Disease, distancing, downtime, drastic, dynamic, educational, efficacy, electrical, emotional, employed, empower, engineering, entertainment, EPS, ethnicity, faith, feasibility, feedback, FHA, forbearance, foreseeable, foster, fostering, France, freestanding, freezing, gender, geography, geopolitical, Germany, Godridge, hacking, hampered, headcount, healthcare, honest, hospitality, IBA, IBOR, ideal, impossible, inaccessible, incentivize, infection, intelligence, intensive, intervention, Ireland, ISDA, judgement, layered, LCH, leadership, learning, leave, legacy, legitimate, Leslie, likewise, lingering, locked, LPL, malware, medical, Military, misjudge, misuse, misused, moratorium, mortality, navigating, onetime, orientation, pandemic, Paycheck, people, phishing, pipeline, platform, PPP, prioritize, prolonged, pronouncement, Protocol, race, ransomware, rapidly, ratably, reaction, recession, recoverable, recruiting, referencing, reinforcing, reinsurance, remote, remotely, resource, resubmission, resubmit, resumption, resurgence, retention, reverted, revisit, sanitation, SBA, screening, sexual, slowdown, Society, statistically, steady, stemming, strata, subsiding, sudden, suggest, suggesting, suite, survey, suspension, talent, talented, telemedicine, temporarily, tenure, thirty, tokenization, tomorrow, traction, Tracy, tradeoff, Training, transportation, tuition, UK, unaffected, unanimously, undergo, understood, unexpected, unprecedented, unregistered, unsatisfactory, user, victim, whistleblower, women, Woodrow, workplace, write
Removed:
ACH, admit, allocable, analyzed, Attorney, bifurcated, bringing, call, callable, cautiously, characterized, charging, Coletti, collectibility, comparatively, conformance, conservative, conservatively, consistency, continually, cycle, dealer, death, declaration, deliberately, differentiation, displaying, divest, earliest, employment, enhancement, establishment, export, extensively, familiarity, forma, geographical, highest, history, imprecise, independently, internally, Interstate, introduction, introductory, investigatory, Janet, labor, legally, lifetime, limiting, Luxury, manifestation, metropolitan, minimal, monitored, motivate, nonaccretable, nonaccreting, obligor, observed, opt, opting, origin, overcollateralization, overdraft, paragraph, Pittsburgh, poorer, prepared, principle, printing, pro, promotion, quantifying, realizability, reclassification, remeasuring, rest, sector, show, showed, slower, stressed, stressful, stronger, sustainability, terminate, thousand, trailed, trend, uncollectible, venture, widespread
Financial reports
10-K
2020 FY
Annual report
22 Feb 21
10-Q
2020 Q3
Quarterly report
4 Nov 20
10-Q
2020 Q2
Quarterly report
5 Aug 20
10-Q
2020 Q1
Quarterly report
6 May 20
10-K
2019 FY
Annual report
19 Feb 20
10-Q
2019 Q3
Quarterly report
5 Nov 19
10-Q
2019 Q2
Quarterly report
5 Aug 19
10-Q
2019 Q1
Quarterly report
2 May 19
10-K
2018 FY
Annual report
20 Feb 19
10-Q
2018 Q3
Quarterly report
5 Nov 18
Current reports
8-K
Entry into a Material Definitive Agreement
25 Feb 21
8-K
Will create a superregional banking franchise serving communities
22 Feb 21
8-K
Departure of Directors or Certain Officers
10 Feb 21
8-K
M&T Bank Corporation Announces 2020 Fourth Quarter
21 Jan 21
8-K
M&T Bank Corporation Elects Leslie Godridge and Rudina Seseri
17 Nov 20
8-K
Regulation FD Disclosure
6 Nov 20
8-K
M&T Bank Corporation Announces Third Quarter Results
22 Oct 20
8-K
M&T Bank Corporation Announces Second Quarter Results
23 Jul 20
8-K
M&T Bank Corporation Elects Calvin G. Butler, Jr. to Board of Directors
17 Jun 20
8-K
Departure of Directors or Certain Officers
23 Apr 20
Registration and prospectus
425
Business combination disclosure
1 Mar 21
425
Business combination disclosure
1 Mar 21
425
Business combination disclosure
25 Feb 21
425
Business combination disclosure
23 Feb 21
425
Business combination disclosure
22 Feb 21
425
Business combination disclosure
22 Feb 21
425
Business combination disclosure
22 Feb 21
425
Business combination disclosure
22 Feb 21
425
Business combination disclosure
22 Feb 21
425
Business combination disclosure
22 Feb 21
Proxies
DEFA14A
Additional proxy soliciting materials
1 Apr 20
DEFA14A
Additional proxy soliciting materials
9 Mar 20
DEF 14A
Definitive proxy
9 Mar 20
DEF 14A
Definitive proxy
7 Mar 19
DEF 14A
Definitive proxy
6 Mar 18
DEFR14A
Revised proxy
6 Apr 17
DEF 14A
Definitive proxy
7 Mar 17
DEF 14A
Definitive proxy
3 Mar 16
DEF 14A
Definitive proxy
4 Mar 15
DEF 14A
Definitive proxy
5 Mar 14
Other
UPLOAD
Letter from SEC
18 Dec 16
CORRESP
Correspondence with SEC
15 Dec 16
UPLOAD
Letter from SEC
7 Dec 16
CORRESP
Correspondence with SEC
9 Nov 16
UPLOAD
Letter from SEC
26 Oct 16
UPLOAD
Letter from SEC
25 Jan 15
CORRESP
Correspondence with SEC
13 Jan 15
UPLOAD
Letter from SEC
30 Dec 14
EFFECT
Notice of effectiveness
21 Feb 13
CORRESP
Correspondence with SEC
20 Feb 13
Ownership
13F-HR
Quarterly holdings report by institutional manager
11 Feb 21
SC 13G
M&T BANK / STATE STREET ownership change
10 Feb 21
SC 13G/A
M&T BANK / VANGUARD ownership change
10 Feb 21
5
M&T BANK / John D. Jr. Hawke ownership change
9 Feb 21
4
M&T BANK / Tracy S. Woodrow ownership change
9 Feb 21
4
M&T BANK / D Scott N Warman ownership change
9 Feb 21
4
M&T BANK / Julianne Urban ownership change
9 Feb 21
4
M&T BANK / Michele D Trolli ownership change
9 Feb 21
4
M&T BANK / Michael J. Todaro ownership change
9 Feb 21
4
M&T BANK / MICHAEL R SPYCHALA ownership change
9 Feb 21
Transcripts
2020 Q4
Earnings call transcript
21 Jan 21
2020 Q3
Earnings call transcript
22 Oct 20
2020 Q2
Earnings call transcript
23 Jul 20
2020 Q1
Earnings call transcript
20 Apr 20
2019 Q4
Earnings call transcript
23 Jan 20
2019 Q3
Earnings call transcript
17 Oct 19
2019 Q2
Earnings call transcript
18 Jul 19
2019 Q1
Earnings call transcript
15 Apr 19
2018 Q4
Earnings call transcript
17 Jan 19
2018 Q3
Earnings call transcript
17 Oct 18
Reddit threads
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26 Feb 21
Daily Discussion Thread - February 26th, 2021
26 Feb 21
Daily Discussion Thread - February 25th, 2021
25 Feb 21
Daily Discussion Thread - February 24th, 2021
24 Feb 21
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23 Feb 21
(2/22) Monday's Pre-Market Stock Movers & News
22 Feb 21
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22 Feb 21
Vlad's testimony in a nutshell
19 Feb 21
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