OverviewSuggest Edit

M&T Bank provides commercial and retail banking services. The Сompany also offers trust and wealth management services, fiduciary and custodial services, investment management services, and insurance agency services, as well as reinsures credit life. It provides its services through banking offices, business banking centers, telephone and Internet banking, and automated teller machines.
TypePublic
Founded1856
HQBuffalo, US
Websitemtb.com
Employee Ratings3.3

Latest Updates

Employees (est.) (Dec 2018)16,413(+4%)
Job Openings846
Revenue (FY, 2018)$5.9 B(+6%)
Share Price (Jan 2020)$166

Key People/Management at M&T Bank

Rene F. Jones

Rene F. Jones

Chairman of the Board and Chief Executive Officer
Richard S. Gold

Richard S. Gold

President and Chief Operating Officer
Kevin J. Pearson

Kevin J. Pearson

Vice Chairman
Robert J. Bojdak

Robert J. Bojdak

Executive Vice President and Chief Credit Officer
Janet M. Coletti

Janet M. Coletti

Executive Vice President, Human Resources
John L. DAngelo

John L. DAngelo

Executive Vice President and Chief Risk Officer
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M&T Bank Office Locations

M&T Bank has an office in Buffalo
Buffalo, US (HQ)
345 Main St
Show all (1)

M&T Bank Financials and Metrics

M&T Bank Revenue

M&T Bank's revenue was reported to be $5.93 b in FY, 2018
USD

Revenue (Q3, 2019)

527.8m

Net income (Q3, 2019)

480.1m

Market capitalization (10-Jan-2020)

21.9b

Closing stock price (10-Jan-2020)

166.0

Cash (30-Sept-2019)

1.8b

EV

32.6b
M&T Bank's current market capitalization is $21.9 b.
Annual
USDFY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

1.1b4.2b1.7b4.5b4.5b4.7b5.3b5.6b5.9b

Revenue growth, %

(2%)5%13%

Sales and marketing expense

41.9m58.3m52.4m87.1m69.2m85.7m

R&D expense

172.4m184.7m199.0m
Quarterly
USDQ1, 2010Q2, 2010Q3, 2010Q2, 2011Q3, 2011Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Revenue

257.7m273.6m289.9m501.7m368.4m391.7m445.7m432.9m508.7m477.4m420.1m456.4m451.1m440.2m497.0m439.7m420.9m448.3m491.4m446.8m460.8m459.4m458.7m457.4m459.3m500.8m512.1m527.8m

Sales and marketing expense

16.1m16.3m17.4m16.2m21.8m21.8m20.3m24.0m22.1m

R&D expense

44.3m44.6m45.8m48.4m49.7m50.7m52.4m55.2m60.4m

Operating expense total

123.0m129.8m140.0m166.0m214.0m186.1m183.9m170.4m170.7m217.8m223.3m239.8m233.1m203.0m242.0m197.9m220.6m231.8m230.1m216.7m235.5m290.9m358.9m250.3m233.3m291.5m313.0m293.0m
Annual
USDFY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Net Income

736.2m859.5m1.0b1.1b1.1b1.1b1.3b1.4b1.9b

Depreciation and Amortization

58.1m61.6m60.6m138.4m130.3m125.4m149.6m141.0m129.4m

Cash From Operating Activities

1.7b1.8b500.0m932.3m1.1b1.7b1.2b2.8b2.1b

Purchases of PP&E

213.2m178.9m(1.9b)
Quarterly
USDQ1, 2010Q2, 2010Q3, 2010Q2, 2011Q3, 2011Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Net Income

151.0m339.7m531.7m528.6m711.7m439.8m733.3m274.1m622.6m917.1m229.0m513.4m788.7m241.6m528.3m808.7m298.5m634.6m984.5m348.9m730.0m1.1b352.6m845.8m1.4b482.7m956.0m1.4b

Depreciation and Amortization

16.5m31.3m44.8m27.1m44.5m32.7m46.8m13.3m25.8m103.0m34.8m68.4m101.2m31.0m61.0m90.8m39.5m77.3m113.4m35.8m71.4m109.0m33.9m67.1m99.3m56.0m112.1m15.2m

Cash From Operating Activities

653.6m1.0b1.2b863.2m1.3b644.6m473.8m698.4m616.5m503.7m561.1m469.5m774.5m458.4m558.1m1.2b448.2m650.0m1.1b1.3b1.6b2.1b484.2m521.2m1.5b413.3m480.2m1.2b

Purchases of PP&E

178.9m178.9m
USDY, 2019

EV/CFO

26.6 x

EV/FCF

29.4 x

Debt/Equity

0.8 x

Debt/Assets

0.1 x

Financial Leverage

8 x
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M&T Bank Operating Metrics

M&T Bank's Total Loans was reported to be $89.3b in FY, 2017. M&T Bank's Assets Under Management was reported to be $70.7b in FY, 2016.
FY, 2014Q1, 2015Q2, 2015Q3, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016FY, 2017

Assets Under Management

$68.20 b$66.70 b$70.70 b

Bank Branches

766 863 855

Non-accrual Loans

$799.15 m$790.59 m$797.15 m$787.10 m$799.41 m$837.36 m$848.86 m$876.69 m$920.02 m$872.37 m

Total Loans

$66.90 b$67.33 b$68.36 b$68.77 b$87.72 b$86.91 b$87.55 b$88.67 b$91.10 b$89.32 b
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M&T Bank Online and Social Media Presence

Embed Graph

M&T Bank News and Updates

M&T Bank Launches M&T Money Smart to Help Customers Take Control of their Finances

BUFFALO, N.Y., July 29, 2019 -- M&T Bank announced today the launch of M&T Money Smart™ in its digital banking platform and mobile app. Money Smart is an easy-to-use, all-in-one digital tool that helps users manage their finances and make smart financial decisions.read more

M&T Bank Named a Best Place to Work for Disability Inclusion

BUFFALO, N.Y, July 19, 2019 -- M&T Bank (NYSE: MTB) announced today it was recognized as one of the Best Places to Work for Disability Inclusion in the 2019 Disability Equality Index (DEI). read more

M&T Bank, Rochester Education Foundation Announce 12th Annual Jazz Fest Musical Instrument Drive

Longtime Jazz Fest sponsor, M&T Bank, donates prominent booth space to enhance REF’s efforts to gather musical instruments for Rochester students.read more

MamaMancini’s Holdings Improves Balance Sheet and Operations with M&T Bank Credit Facilities

Estimated Monthly interest and fees initially lowered by approximately $33,000;

M&T Bank Corporation Releases "Company-Run" Dodd-Frank Act Stress Test Results

BUFFALO, N.Y., June 21, 2018 /PRNewswire/ -- M&T Bank Corporation ("M&T") (NYSE: MTB) released today the results of its "company-run" 2018 Dodd-Frank Act Stress Test, conducted in accordance with regulations of the Board of Governors of the Federal Reserve System ("Federal Reserve"...

M&T Bank Blogs

M&T Bank Corporation Announces Third Quarter Results

M&T Bank Corporation (“M&T”) (NYSE: MTB) today reported its results of operations for the quarter ended September 30, 2018.

M&T Bank Achieves Top 10 SBA Ranking for 10th Straight Year

M&T Bank today announced it ranked seventh in the nation for total loans during the Small Business Administration’s (SBA) fiscal year. M&T Bank extended 1,403 SBA 7(a) loans to small business owners for a total of $172.6 million over the course of the year, representing a 12.4 percent jump i…

M&T Bank Corporation Releases Results of Dodd-Frank Act Mid-Cycle Company-Run Stress Test

M&T Bank Corporation ("M&T") (NYSE: MTB) announced today that it has released the results of its “company-run” mid-cycle 2018 Dodd-Frank Act Stress Test.    

M&T Bank Corporation Announces Third Quarter Earnings Conference Call

M&T Bank Corporation ("M&T") (NYSE:MTB) plans to announce its third quarter 2018 earnings results in a press release that will be issued before the market opens on Wednesday, October 17, 2018.

M&T Commercial Banking Economic Outlook Survey Q3 2018

Mid-sized companies remain upbeat about the near-term outlook according to our latest poll, suggesting further improvement in national economic performance over the remainder of 2018.

M&T Bank Launches Zelle® in its Banking Platform, Making it Fast and Easy to Send Money

M&T Bank announced today the launch of Zelle in its online platform and mobile banking app, providing customers with a fast, safe and easy way to make person-to-person payments.
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M&T Bank Frequently Asked Questions

  • When was M&T Bank founded?

    M&T Bank was founded in 1856.

  • Who are M&T Bank key executives?

    M&T Bank's key executives are Rene F. Jones, Richard S. Gold and Kevin J. Pearson.

  • How many employees does M&T Bank have?

    M&T Bank has 16,413 employees.

  • What is M&T Bank revenue?

    Latest M&T Bank annual revenue is $5.9 b.

  • What is M&T Bank revenue per employee?

    Latest M&T Bank revenue per employee is $361.2 k.

  • Who are M&T Bank competitors?

    Competitors of M&T Bank include The PNC Financial Services Group, U.S. Bancorp and Bank Leumi.

  • Where is M&T Bank headquarters?

    M&T Bank headquarters is located at 345 Main St, Buffalo.

  • Where are M&T Bank offices?

    M&T Bank has an office in Buffalo.

  • How many offices does M&T Bank have?

    M&T Bank has 1 office.