Craft

M&T Bank

Stock Price

$149.1

2024-07-03

Market Capitalization

$24.9 B

2024-07-03

Revenue

$9.6 B

FY, 2023

M&T Bank Summary

Company Summary

Overview
M&T Bank is a company that provides commercial and retail banking services. It operates through the following segments: Personal Banking, Business Banking, and Commercial Banking. The Personal Banking segment offers mortgages, loans, investments and insurance, savings accounts, and other options. The Business Banking segment provides cash management, business financing, digital banking, small business administration (SBA) loans, etc. The Commercial Banking segment delivers deposits, treasury management, merchant services, real estate lending, and other services.
Type
Public
Status
Active
Founded
1856
HQ
Buffalo, NY, US | view all locations
Website
https://www3.mtb.com/
Cybersecurity rating
ESG rating
50-59 out of 100|View all ESG data
Sectors

Key People

  • Rene F. Jones

    Rene F. Jones, Chairman of the Board and Chief Executive Officer

  • Daryl N. Bible

    Daryl N. Bible, Senior Executive Vice President, Chief Financial Officer

  • Laura O'Hara

    Laura O'Hara, Senior Executive Vice President, Chief Legal Officer

  • Robert J. Bojdak

    Robert J. Bojdak, Senior Executive Vice President, Chief Credit Officer

    Operating MetricsView all

    Total Deposits

    $167.2B
    5.1%

    Q1, 2024

    Leased Banking Centers

    644
    53.3%

    FY, 2022

    Banking Centers

    1K
    46.8%

    FY, 2022

    LocationsView all

    4 locations detected

    • Buffalo, NY HQ

      United States

      345 Main St

    • Atlanta, GA

      United States

      Terminus 27th Floor, 3280 Peachtree Road N.E.

    • Baltimore, MD

      United States

      1 Light St

    • Wilmington, DE

      United States

      1100 North Market Street

    M&T Bank Financials

    Summary Financials

    Revenue (Q1, 2024)
    $3.3B
    Gross profit (Q1, 2024)
    $2.3B
    Net income (Q1, 2024)
    $531.0M
    Cash (Q1, 2024)
    $1.7B
    Enterprise value
    $39.4B

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