MTB M & T Bank
M&T Bank Corporation is a financial holding company headquartered in Buffalo, New York. M&T's principal banking subsidiary, M&T Bank, operates banking offices in New York, Maryland, New Jersey, Pennsylvania, Delaware, Connecticut, Virginia, West Virginia and the District of Columbia. Trust-related services are provided by M&T's Wilmington Trust-affiliated companies and by M&T Bank.
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
Wells Fargo Maintains Equal-Weight on M&T Bank, Lowers Price Target to $155
22 Jul 21
Wedbush Maintains Neutral on M&T Bank, Lowers Price Target to $158
22 Jul 21
M&T Bank: Q2 Earnings Insights
21 Jul 21
M&T Bank Q2 EPS $3.45 Misses $3.60 Estimate
21 Jul 21
Analyzing M&T Bank's Unusual Options Activity
20 Jul 21
Press releases
M&T Bank Corporation and People's United Provide Update on Pending Merger
26 Jul 21
M&T Bank Corporation Announces Second Quarter Results
21 Jul 21
M&T Bank Again Earns 'Outstanding' Rating On Community Reinvestment Act Exam
20 Jul 21
M&T Bank Once Again Named a Best Place to Work for Disability Inclusion
15 Jul 21
M&T Bank Joins LPL Financial's Institution Services Platform
24 Jun 21
Investment data
| Top 50 of 1477 long holdings End of quarter 31 Mar 21 |
Value |
#Shares |
|---|---|---|
| $1.12B | 15.55M | |
| $746.23M | 3.33M | |
| $741.04M | 6.07M | |
| $599.97M | 9.32M | |
| $583.08M | 2.64M | |
| $547.37M | 2.32M | |
| $539.74M | 2.22M | |
| $511.12M | 2.1M | |
| $462.22M | 1.16M | |
| $440.47M | 5.2M | |
| $380.57M | 5.84M | |
| $336.35M | 2.05M | |
|
Vanguard Tax-managed Intl FD
|
$323.14M | 6.58M |
| $309.9M | 100.16K | |
| $299.09M | 4.88M | |
| $293.63M | 1.93M | |
| $286.73M | 2.35M | |
| $251.34M | 634.17K | |
| $212.81M | 1.4M | |
| $212.27M | 102.61K | |
| $207.56M | 1.53M | |
| $199.9M | 561.45K | |
| $195.22M | 535.89K | |
| $183.09M | 2.86M | |
| $177.64M | 1.26M | |
| $176.02M | 576.65K | |
| $175.2M | 2.31M | |
| $169.65M | 2.2M | |
| $156.01M | 2.02M | |
| $153.67M | 510.99K | |
| $153.07M | 1.01M | |
| $151.07M | 2.71M | |
| $150.05M | 2.9M | |
|
Vanguard Intl Equity Index F
|
$149.01M | 2.86M |
| $148.89M | 1.05M | |
| $143.12M | 1.42M | |
| $125.76M | 948.47K | |
| $122.05M | 161.88K | |
| $121.85M | 413.72K | |
| $115.97M | 628.48K | |
| $111.02M | 53.83K | |
| $110.57M | 558.25K | |
| $109.02M | 3.01M | |
| $109.01M | 2.14M | |
| $108.56M | 1.04M | |
| $108.27M | 2.32M | |
| $105.94M | 826.14K | |
| $104.55M | 464.48K | |
| $104.15M | 653.09K | |
| $100.7M | 3.95M |
Holdings list only includes long positions.
Only includes long positions.
Calendar
6 May 21
30 Jul 21
31 Dec 21
Financial summary
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) | 390.28M | 12.73M | n/a | n/a | n/a | n/a |
| Cash remaining | 869.71M | 1.25B | n/a | n/a | n/a | n/a |
| Runway (months of cash) | 8.9 | 391.8 | n/a | n/a | n/a | n/a |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 3 Jun 21 | D Scott N Warman | Common Stock | Sell | Dispose S | No | No | 163 | 4,000 | 652K | 14,485.97 |
| 30 Apr 21 | Bontempo C Angela | Common Stock | Grant | Aquire A | No | No | 0 | 761 | 0 | 15,363 |
| 30 Apr 21 | Robert T Brady | Common Stock | Grant | Aquire A | No | No | 0 | 825 | 0 | 11,730 |
| 30 Apr 21 | Butler Calvin JR | Common Stock | Grant | Aquire A | No | No | 0 | 761 | 0 | 1,241 |
| 30 Apr 21 | Cunningham T Jefferson Iii | Common Stock | Grant | Aquire A | No | No | 0 | 761 | 0 | 13,300 |
Institutional ownership Q1 2021
Data for the last complete 13F reporting period. To see the most recent changes to ownership, click the ownership history button above.
85.3% owned by funds/institutions
13F holders |
Current |
|---|---|
| Total holders | 635 |
| Opened positions | 78 |
| Closed positions | 47 |
| Increased positions | 202 |
| Reduced positions | 232 |
13F shares |
Current |
|---|---|
| Total value | 16.72B |
| Total shares | 109.78M |
| Total puts | 330.3K |
| Total calls | 455.8K |
| Total put/call ratio | 0.7 |
Largest owners |
Shares | Value |
|---|---|---|
| Vanguard | 14.11M | $2.14B |
| FMR | 11.32M | $1.72B |
| BLK Blackrock | 10.15M | $1.54B |
| STT State Street | 7.31M | $1.11B |
| IVZ Invesco | 4.62M | $701.02M |
| State Farm Mutual Automobile Insurance | 4.5M | $682.23M |
| JPM JPMorgan Chase & Co. | 4.24M | $642.39M |
| Wellington Management | 4.21M | $638.7M |
| Wilmers Robert G | 2.65M | $494.19M |
| Geode Capital Management | 2.36M | $356.27M |
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:
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
Financial reports
10-Q
2021 Q1
Quarterly report
6 May 21
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
Current reports
8-K
M&T Bank Corporation Announces Second Quarter Results
21 Jul 21
8-K
M&T Bank Corporation, People’s United Receive Shareholder
26 May 21
8-K
Other Events
18 May 21
8-K
Submission of Matters to a Vote of Security Holders
22 Apr 21
8-K
M&T Bank Corporation Announces First Quarter Results
19 Apr 21
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
Registration and prospectus
425
Business combination disclosure
18 May 21
425
Business combination disclosure
18 May 21
425
Business combination disclosure
3 May 21
425
Business combination disclosure
26 Apr 21
424B3
Prospectus supplement
23 Apr 21
S-4/A
Registration of securities issued in business combination transactions (amended)
23 Apr 21
425
Business combination disclosure
20 Apr 21
425
Business combination disclosure
20 Apr 21
425
Business combination disclosure
19 Apr 21
S-4
Registration of securities issued in business combination transactions
1 Apr 21
Proxies
DEFA14A
Additional proxy soliciting materials
8 Mar 21
DEF 14A
Definitive proxy
8 Mar 21
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
Other
EFFECT
Notice of effectiveness
26 Apr 21
CORRESP
Correspondence with SEC
22 Apr 21
UPLOAD
Letter from SEC
6 Apr 21
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
Ownership
11-K
Annual report of employee stock purchases
29 Jun 21
4
M&T BANK / D Scott N Warman ownership change
4 Jun 21
13F-HR
Quarterly holdings report by institutional manager
5 May 21
4
M&T BANK / GARY N GEISEL ownership change
4 May 21
4
M&T BANK / HERBERT L WASHINGTON ownership change
4 May 21
4
M&T BANK / Rudina Seseri ownership change
4 May 21
4
M&T BANK / David S Scharfstein ownership change
4 May 21
4
M&T BANK / John Scannell ownership change
4 May 21
4
M&T BANK / DENIS J SALAMONE ownership change
4 May 21
4
M&T BANK / ROBERT E SADLER JR ownership change
4 May 21
Transcripts
2021 Q2
Earnings call transcript
21 Jul 21
2021 Q1
Earnings call transcript
19 Apr 21
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
Reddit threads
Invest all in O
26 Jul 21
What Are Your Moves Tomorrow - July 26, 2021
25 Jul 21
Does anyone else feel incredibly bored on weekends when there are no stock prices to look at?
24 Jul 21
Daily Discussion Thread - July 21st, 2021
21 Jul 21
Daily Discussion Thread - July 20th, 2021
20 Jul 21
Daily Discussion Thread - July 19th, 2021
19 Jul 21
Let's assume diversification is for idiots (I'm still indifferent to it). What 3 value stocks would you invest in today if you had to get rid of the rest of your portfolio? And why?
15 Jul 21
Top 30 High Yield Dividends
19 Jun 21
Don’t regret selling your stocks early
18 Jun 21
Which 1 business are you most optimistic about in your portfolio and why?
12 Jun 21