MTB M & T Bank Dashboard

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

NYSE

Website

www.mtb.com/

CEO

Rene Jones

Incorporated

New York

Location

New York

Fiscal year end

Dec 31

Sector

Finance and Insurance > Commercial Banking

Industry (SIC)

State Commercial Banks

Bank Of New York Mellon • State Street • Citizens Financial • Fifth Third Bancorp • Northern Trust • Ally Financial • Popular • Associated Banc-Corp. • First Citizens Bancshares, Inc • Commerce Bancshares ...

Former names

FIRST EMPIRE STATE CORP

SEC CIK

0000036270

Corporate docs

Articles of Incorporation & Bylaws

IRS number

160968385

MTB stock data

S&P 500

1M 1Y 2Y 5Y

News

Pro users get this 30m faster

Morgan Stanley Maintains Equal-Weight on M&T Bank, Raises Price Target to $180

29 Apr 21

Morgan Stanley maintains M&T Bank (NYSE:MTB) with a Equal-Weight and raises the price target from $175 to $180.

Price Over Earnings Overview: M&T Bank

20 Apr 21

M&T Bank: Q1 Earnings Insights

19 Apr 21

Shares of M&T Bank (NYSE:MTB) rose 1.2% in pre-market trading after the company reported Q1 results. Quarterly Results Earnings per share rose 74.87% over the past year to $3.41, which beat the estimate of $3.00.

M&T Bank Q1 EPS $3.41 Beats $3.00 Estimate, Sales $1.49B Miss $1.49B Estimate

19 Apr 21

M&T Bank Q1 Adj. Net Operating EPS $3.41 Beats $3.00 Estimate

19 Apr 21

Press releases

Pro users get this 30m faster

M&T Bank Unveils Buffalo Tech Hub, Designed to Create Over 1,000 Jobs, Accelerate Startup Growth and Attract Talent to the Region

28 Apr 21

BUFFALO, N.Y., April 28, 2021 /PRNewswire/ -- M&T Bank today debuted its collaborative workspace inside the Tech Hub at Seneca One, marking the completion of construction at the now-transformed downtown Buffalo

M&T Bank Names John D'Angelo First Director of its Newly Created Environmental, Social, and Governance Office

22 Apr 21

BUFFALO, N.Y., April 22, 2021 /PRNewswire/ -- M&T Bank Corporation announced the appointment of John D'Angelo as Director of its Environmental, Social, and Governance (ESG) Office, a newly created role and

M&T Bank Corp. to Host Earnings Call

19 Apr 21

NEW YORK, NY / ACCESSWIRE / April 19, 2021 / M&T Bank Corp. (NYSE:MTB) will be discussing their earnings results in their 2021 First Quarter Earnings call to be held on April 19, 2021 at 11:00 AM Eastern Time.To

M&T Bank Corporation Announces First Quarter Results

19 Apr 21

M&T Bank Corporation Announces First Quarter Results

19 Apr 21

Investment data

Data from SEC filings

Top 50 of 1477 long holdings End of quarter 31 Mar 21	Value	#Shares
IBB Ishares TR (CORE MSCI EAFE)	$1.12B	15.55M
Ishares TR (RUS 1000 ETF)	$746.23M	3.33M
AAPL Apple Inc	$741.04M	6.07M
Ishares Inc	$599.97M	9.32M
Ishares TR (RUSSELL 2000 ETF)	$583.08M	2.64M
MSFT Microsoft Corp	$547.37M	2.32M
PYPL Paypal HLDGS Inc	$539.74M	2.22M
Ishares TR (RUS 1000 GRW ETF)	$511.12M	2.1M
Ishares TR (CORE S&P500 ETF)	$462.22M	1.16M
Vanguard BD Index FDS	$440.47M	5.2M
Ishares TR (S&P 500 GRWT ETF)	$380.57M	5.84M
JNJ Johnson & Johnson	$336.35M	2.05M
Vanguard Tax-managed Intl FD	$323.14M	6.58M
AMZN Amazon Com Inc	$309.9M	100.16K
EBAY Ebay Inc.	$299.09M	4.88M
JPM Jpmorgan Chase & Co	$293.63M	1.93M
IBB Ishares TR (MSCI USA QLT FCT)	$286.73M	2.35M
SPY SPDR S&P 500 Etf TR	$251.34M	634.17K
Ishares TR (RUS 1000 VAL ETF)	$212.81M	1.4M
GOOG Alphabet Inc (CAP STK CL C)	$212.27M	102.61K
PG Procter and Gamble Co	$207.56M	1.53M
MA Mastercard Incorporated	$199.9M	561.45K
Vanguard Index FDS	$195.22M	535.89K
DOW Dow Inc	$183.09M	2.86M
PEP Pepsico Inc	$177.64M	1.26M
HD Home Depot Inc	$176.02M	576.65K
Ishares TR (MSCI EAFE ETF)	$175.2M	2.31M
MRK Merck & Co. Inc	$169.65M	2.2M
DD Dupont De Nemours Inc	$156.01M	2.02M
Ishares TR (RUS 2000 GRW ETF)	$153.67M	510.99K
MTB M & T BK Corp	$153.07M	1.01M
XOM Exxon Mobil Corp	$151.07M	2.71M
CSCO Cisco Sys Inc	$150.05M	2.9M
Vanguard Intl Equity Index F	$149.01M	2.86M
Ishares TR (S&P 500 VAL ETF)	$148.89M	1.05M
Ishares TR (SP SMCP600VL ETF)	$143.12M	1.42M
QCOM Qualcomm Inc	$125.76M	948.47K
BLK Blackrock Inc	$122.05M	161.88K
FB Facebook Inc	$121.85M	413.72K
DIS Disney Walt Co	$115.97M	628.48K
GOOG Alphabet Inc (CAP STK CL A)	$111.02M	53.83K
TGT Target Corp	$110.57M	558.25K
PFE Pfizer Inc	$109.02M	3.01M
IBB Ishares TR	$109.01M	2.14M
CVX Chevron Corp New	$108.56M	1.04M
CTVA Corteva Inc	$108.27M	2.32M
Ishares TR (S&P SML 600 GWT)	$105.94M	826.14K
DHR Danaher Corporation	$104.55M	464.48K
Ishares TR (RUS 2000 VAL ETF)	$104.15M	653.09K
IBB Ishares TR	$100.7M	3.95M

M & T Bank holdings history Holdings history

Holdings list only includes long positions. Only includes long positions.

Calendar

6 May 21

9 May 21

31 Dec 21

Financial summary

Financial statements Chart MTB financial data

Quarter (USD)	Mar 21	Dec 20	Sep 20	Jun 20
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 20	Dec 19	Dec 18	Dec 17
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Financial data from M & T Bank earnings reports.

Cash burn rate (estimated)	Burn method: Change in cash		Burn method: Operating income/loss		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	1.26B	1.26B	1.26B	1.26B	1.26B	1.26B
Cash burn (monthly)	97.58M	3.18M	(positive/no burn)	(positive/no burn)	(positive/no burn)	(positive/no burn)
Cash used (since last report)	124.25M	4.05M	n/a	n/a	n/a	n/a
Cash remaining	1.14B	1.26B	n/a	n/a	n/a	n/a
Runway (months of cash)	11.6	394.5	n/a	n/a	n/a	n/a

Beta Read what these cash burn values mean

Recent insider trades

MTB insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	#Shares	#Remaining
30 Apr 21	Bontempo C Angela	Common Stock	Grant	Aquire A	No	No	761	15,363
30 Apr 21	Robert T Brady	Common Stock	Grant	Aquire A	No	No	825	11,730
30 Apr 21	Butler Calvin JR	Common Stock	Grant	Aquire A	No	No	761	1,241
30 Apr 21	Cunningham T Jefferson Iii	Common Stock	Grant	Aquire A	No	No	761	13,300
30 Apr 21	Godridge Leslie V	Common Stock	Grant	Aquire A	No	No	761	974

Data from 3, 4 and 5 filings. Stock values as filed, not updated for current price.

Institutional ownership Q4 2020

MTB institutional ownership history Ownership history

Data for the last complete 13F reporting period. To see the most recent changes to ownership, click the ownership history button above.

82.6% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	602	558	+7.9%
Opened positions	108	63	+71.4%
Closed positions	64	79	-19.0%
Increased positions	183	210	-12.9%
Reduced positions	222	194	+14.4%

13F shares	Current	Prev Q	Change
Total value	13.53B	10.3B	+31.3%
Total shares	106.3M	105.78M	+0.5%
Total puts	318.6K	441.4K	-27.8%
Total calls	509.3K	499.6K	+1.9%
Total put/call ratio	0.6	0.9	-29.2%

Largest owners	Shares	Value	Change
Vanguard	13.58M	$1.73B	-1.6%
BLK Blackrock	10.51M	$1.34B	-2.3%
FMR	10.41M	$1.32B	+59.1%
STT State Street	6.93M	$882.48M	+6.2%
IVZ Invesco	4.67M	$594.64M	+6.5%
State Farm Mutual Automobile Insurance	4.5M	$572.84M	0.0%
Wellington Management	4.28M	$544.75M	-24.1%
JPM JPMorgan Chase & Co.	4.04M	$514.61M	-7.6%
Geode Capital Management	2.26M	$287.08M	+1.2%
Charles Schwab Investment Management	1.68M	$214.06M	+2.7%

Largest transactions	Shares	Bought/sold	Change
FMR	10.41M	+3.87M	+59.1%
BRK.A Berkshire Hathaway	0	-2.92M	EXIT
Norges Bank	1.37M	+1.37M	NEW
Wellington Management	4.28M	-1.36M	-24.1%
American Century Companies	990.34K	+773.74K	+357.2%
Adage Capital Partners GP, L.L.C.	678.89K	+580.49K	+589.9%
Massachusetts Financial Services	0	-564.6K	EXIT
STT State Street	6.93M	+404.49K	+6.2%
JPM JPMorgan Chase & Co.	4.04M	-331.01K	-7.6%
PUKPF Prudential	469.8K	-311.2K	-39.8%

Data from 13F filings. Stock values as filed, not updated for current price. Long positions only.

Financial report summary

Competition

Evans Bancorp • BV Financial • BankUnited • Pathfinder Bancorp • FVCBankcorp • Pioneer Bancorp • Bogota Financial

Content analysis

Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability	H.S. sophomore Bad

New words: abandonment, absence, assurance, attention, attract, attractive, beneficial, Bridge, Bridgeport, building, cautiously, certificate, Charitable, comparison, competent, Connecticut, consent, costly, covenant, CTDOB, customary, deal, dedication, defense, depression, divert, diverted, doubtful, dynamic, employed, encountered, enjoin, evident, expansionary, expertise, face, fewer, FHA, flat, foregoing, Foundation, GDP, headquartered, illegal, impose, imposed, imposing, inability, incomplete, injunction, integrate, integrating, integration, jurisdiction, key, leave, mailing, manner, morale, motivate, occupancy, opposition, ordinary, People, plaintiff, prevent, printing, prohibit, prohibiting, proxy, pursue, pursuing, recruitment, refrain, requisite, resolution, restated, SEC, sector, successful, successfully, suffer, suitable, supervisory, timeframe, unanimously, unanticipated, undetermined, uneven, unforeseen, vast, waiver, withdraw, written

Removed: accretable, accrue, add, added, capitalize, cease, ceased, Cloud, collectibility, commodity, communicate, communicated, complex, Computing, confidence, continuously, crediting, cybersecurity, damage, decision, deducted, dependent, deteriorating, develop, disclose, disrupt, driven, effectively, efficacy, employer, entertainment, entitled, experienced, explanation, extraordinary, floor, Heightened, heightening, hosting, incorporate, increment, infection, interchange, investee, Japanese, June, lapse, lead, leading, leasing, legally, LIBOR, maintenance, marketing, merit, mitigating, narrative, netted, newly, occurred, offered, onetime, operational, participation, phase, potentially, prolonged, pronouncement, proportional, prospectively, publicity, put, rated, recording, referred, reform, relate, relevant, removed, replace, replaced, repurchasing, reputation, retrospectively, returned, role, scrutiny, separately, slowdown, software, sponsor, stabilize, steady, Subtopic, sudden, suspension, technology, Topic, uncollectible, unknown, unprecedented, Waiving, weighted, Welfare, workforce

From filing 10-Q 2021 Q1