MTB M&T Bank Corp.
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
René F. Jones
Employees
Incorporated in
Location
Fiscal year end
Sector
Industry (SEC)
Former names
First Empire State Corp
SEC CIK
Corporate docs
IRS number
160968385
Investment data
| Top 50 of 1553 long holdings End of quarter 31 Dec 19 |
Value |
#Shares |
|---|---|---|
| $796.8M | 7.37M | |
| $716.98M | 10.99M | |
| $553.74M | 3.15M | |
| $501.15M | 1.71M | |
| $493.67M | 2.77M | |
| $478.69M | 8.9M | |
|
Vanguard Tax Managed Intl FD
|
$470.74M | 10.68M |
| $437.51M | 2.64M | |
| $388.95M | 1.2M | |
| $373.57M | 2.37M | |
| $364.58M | 1.88M | |
| $318.03M | 3.79M | |
| $316.83M | 2.17M | |
| $283.66M | 2.03M | |
| $264.88M | 2.62M | |
| $264.09M | 7.31M | |
| $257.78M | 1.89M | |
| $232.06M | 3.34M | |
|
SPDR S&P 500 Etf TR
|
$231.14M | 718.15K |
| $223.46M | 3.2M | |
| $213.46M | 1.71M | |
| $213.06M | 2.34M | |
| $183.42M | 1.34M | |
| $176.41M | 1.04M | |
| $166.11M | 859.36K | |
| $165.28M | 89.44K | |
| $164.71M | 3.01M | |
| $158.67M | 2.42M | |
| $158.01M | 529.17K | |
|
Vanguard Intl Equity Index F
(FTSE EMR MKT ETF)
|
$155.54M | 3.5M |
| $155.49M | 3.24M | |
| $152.73M | 1.17M | |
| $146.99M | 1.22M | |
| $146.47M | 683.74K | |
| $145.72M | 2.27M | |
| $144.89M | 3.7M | |
| $143.05M | 1.11M | |
| $142.94M | 3.66M | |
| $141.6M | 478.7K | |
| $133.84M | 100.11K | |
|
Vanguard Intl Equity Index F
(GLB EX US ETF)
|
$123.96M | 2.1M |
| $115M | 2.08M | |
| $114.08M | 1.91M | |
| $113.63M | 2.93M | |
| $108.32M | 929.23K | |
| $107.56M | 1.69M | |
| $104.1M | 459.58K | |
| $99.57M | 1.13M | |
| $98.07M | 678.07K | |
| $97.67M | 652.19K |
Holdings list only includes long positions.
Only includes long positions.
Calendar
20 Feb 20
2 Apr 20
31 Dec 20
News
Company financial data Financial data
| Quarter (USD) | Dec 19 | Sep 19 | Jun 19 | Mar 19 | |
|---|---|---|---|---|---|
| Net income | 493.07M | 480.08M | 473.26M | 482.74M | |
| Diluted EPS | 3.59 | 3.47 | 3.34 | 3.35 | |
| Net change in cash | -382.76M | 547.45M | 4.35M | -338.18M | |
| Cash on hand | 1.44B | 1.82B | 1.27B | 1.27B |
| Annual (USD) | Dec 19 | Dec 18 | Dec 17 | Dec 16 | |
|---|---|---|---|---|---|
| Revenue | 6.19B | 5.93B | 5.63B | 5.3B | |
| Net income | 1.93B | 1.92B | 1.41B | 1.32B | |
| Diluted EPS | 13.75 | 12.74 | 8.7 | 7.78 | |
| Net profit margin | 31.16% | 32.35% | 25.00% | 24.83% | |
| Net change in cash | -169.13M | 184.55M | 100.34M | -47.49M | |
| Cash on hand | 1.44B | 1.61B | 1.42B | 1.32B |
Financial data from M&T Bank earnings reports
Recent insider trades
| Date | Owner | Security | Transaction | Code | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|
| 13 Feb 20 | Michael J. Todaro | Common Stock | Sell | Dispose S | 169.1451 | 1,107 | 187.24K | 1,000 |
| 5 Feb 20 | D Scott N Warman | Option Common Stock | Grant | Aquire A | 173.04 | 3,958 | 684.89K | 3,958 |
| 5 Feb 20 | Julianne Urban | Option Common Stock | Grant | Aquire A | 173.04 | 947 | 163.87K | 947 |
| 5 Feb 20 | Michele D Trolli | Option Common Stock | Grant | Aquire A | 173.04 | 8,818 | 1.53M | 8,818 |
Institutional ownership Q4 2019
82.7% owned by funds/institutions
13F holders |
Current |
|---|---|
| Total holders | 647 |
| Opened positions | 83 |
| Closed positions | 63 |
| Increased positions | 201 |
| Reduced positions | 231 |
13F shares |
Current |
|---|---|
| Total value | 18.28B |
| Total shares | 107.42M |
| Total puts | 276.4K |
| Total calls | 284.8K |
| Total put/call ratio | 1.0 |
Largest owners |
Shares | Value |
|---|---|---|
| Vanguard | 14.15M | $2.4B |
| BLK BlackRock | 9.79M | $1.66B |
| Wellington Management | 6.27M | $1.06B |
| STT State Street | 6.23M | $1.06B |
| FMR | 6.23M | $1.06B |
| JPM JPMorgan Chase & Co. | 5.43M | $921.26M |
| BRK.A Berkshire Hathaway | 5.38M | $913.6M |
| State Farm Mutual Automobile Insurance | 4.5M | $763.86M |
| IVZ Invesco | 4.08M | $692.65M |
| Geode Capital Management | 2.18M | $369.59M |
Financial report summary
?Competition
Evans Bancorp • BV Financial • BankUnited • Pathfinder Bancorp • FVCBankcorp • Pioneer Bancorp
Content analysis
?
| Positive | ||
| Negative | ||
| Uncertain | ||
| Constraining | ||
| Legalese | ||
| Litigous | ||
| Readability |
H.S. sophomore Bad
|
|
New words:
accuracy, alter, Angela, Appendix, attention, Baird, Bontempo, book, Brady, Brent, broadly, California, challenging, Codification, compensatory, Consent, Cunningham, David, dissemination, distributor, duly, escalation, Exhibit, fallback, formatted, franchise, Gary, Geisel, Grossi, Hawke, Herbert, hereof, impede, inapplicable, Inline, Interactive, intraperiod, Jefferson, Jr, Label, landlord, language, Ledgett, Linkbase, long, media, Melinda, Merrill, misinformation, NaN, Newton, nonlease, omitted, page, panel, reassessment, recordkeeping, rescission, Reset, Rich, round, Sadler, Salamone, Scannell, Scharfstein, Schema, semiannually, shift, Simplification, slightly, social, software, Spychala, staffing, successor, sweep, Taxonomy, thereunto, transparent, true, undersigned, unknown, wider, XBRL
Removed:
addressed, alleging, approving, clawback, denominator, devote, divestiture, downturn, East, exit, expiring, FICO, fifty, forfeiture, formulaic, forty, Fountain, fulfilled, inflow, internationally, justified, lawsuit, mandating, match, Northern, numerator, organizational, outflow, perfectly, Philadelphia, Pratt, promised, protected, reconciling, reward, Rochester, subjecting, tenant, unencumbered, violation, western, worsen
Financial reports
10-K
2019 FY
Annual report
20 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
10-Q
2018 Q2
Quarterly report
2 Aug 18
10-Q
2018 Q1
Quarterly report
4 May 18
10-K
2017 FY
Annual report
22 Feb 18
10-Q
2017 Q3
Quarterly report
3 Nov 17
Current reports
8-K
M&T Bank Corporation Announces 2019 Fourth Quarter
23 Jan 20
8-K
Regulation FD Disclosure
8 Nov 19
8-K/A
M&T Bank Corporation Announces Third Quarter Results
17 Oct 19
8-K
M&T Bank Corporation Announces Third Quarter Results
17 Oct 19
8-K
Regulation FD Disclosure
9 Sep 19
8-K
M&T Bank Corporation Announces Notice of Redemption of Series A and Series C Preferred Stock
31 Jul 19
8-K
Material Modifications to Rights of Security Holders
30 Jul 19
8-K
Results of Operations and Financial Condition
18 Jul 19
8-K
Other Events
17 Jul 19
8-K
Regulation FD Disclosure
10 May 19
Registration and prospectus
25-NSE
Exchange delisting
30 Aug 19
25-NSE
Exchange delisting
30 Aug 19
424B2
Prospectus for primary offering
25 Jul 19
FWP
Free writing prospectus
24 Jul 19
424B5
Prospectus supplement for primary offering
23 Jul 19
S-8
Registration of securities for employees
3 May 19
25-NSE
Exchange delisting
20 Dec 18
S-3ASR
Automatic shelf registration
1 Oct 18
424B5
Prospectus supplement for primary offering
20 Jul 18
FWP
Free writing prospectus
19 Jul 18
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
7 Mar 18
DEFR14A
Revised proxy
7 Apr 17
DEF 14A
Definitive proxy
8 Mar 17
DEF 14A
Definitive proxy
4 Mar 16
DEF 14A
Definitive proxy
5 Mar 15
DEF 14A
Definitive proxy
6 Mar 14
Other
UPLOAD
Letter from SEC
19 Dec 16
CORRESP
Correspondence with SEC
16 Dec 16
UPLOAD
Letter from SEC
8 Dec 16
CORRESP
Correspondence with SEC
10 Nov 16
UPLOAD
Letter from SEC
27 Oct 16
UPLOAD
Letter from SEC
26 Jan 15
CORRESP
Correspondence with SEC
14 Jan 15
UPLOAD
Letter from SEC
31 Dec 14
EFFECT
Notice of effectiveness
22 Feb 13
CORRESP
Correspondence with SEC
21 Feb 13
Ownership
4/A
M&T BANK / Gino A. Martocci ownership change
28 Feb 20
4/A
M&T BANK / Michael J. Todaro ownership change
19 Feb 20
4
M&T BANK / Michael J. Todaro ownership change
18 Feb 20
SC 13G/A
Beneficial ownership report (amended)
12 Feb 20
4
M&T BANK / D Scott N Warman ownership change
7 Feb 20
4
M&T BANK / Julianne Urban ownership change
7 Feb 20
4
M&T BANK / Michele D Trolli ownership change
7 Feb 20
4
M&T BANK / Michael J. Todaro ownership change
7 Feb 20
4
M&T BANK / MICHAEL R SPYCHALA ownership change
7 Feb 20
4
M&T BANK / KEVIN J PEARSON ownership change
7 Feb 20