M&T Bank Corporation Announces Quarterly Preferred Stock Dividends

MIDDLETOWN, Conn., April 8, 2025 /PRNewswire/ -- Mazzotta Rentals, Inc. (MRI), a leading provider of rental equipment solutions serving CT, MA, NY, RI, VT, NH, and ME in the construction, industrial, and infrastructure sectors, today announced it has secured an asset-based loan credit facility with M&T Bank (NYSE:MTB) as lead arranger and administrative agent.  The facility refinances existing debt and will support the company's continued growth and expansion efforts. The transaction is comprised of a $120 million revolving line of credit along with a $5 million term loan facility. The transaction also provides MRI with a $35 million accordion feature for future growth.

ALBANY, N.Y., March 20, 2025 /PRNewswire/ -- M&T Bank (NYSE:MTB) has announced Charles Pinckney, Regional President for Albany, will take on the additional responsibility of Regional President for M&T Bank's Hudson Valley region. Pinckney has assumed these additional responsibilities to help strengthen M&T's presence in the community and enhance service to customers throughout the region. Pinckney succeeds Mark Stellwag, who announced his planned retirement at the end of 2024. In this expanded role, Pinckney will partner closely with the community bank leadership team for the Hudson Valley – including members of its retail banking, business banking, commercial banking, wealth management, gov

BUFFALO, N.Y., March 13, 2025 /PRNewswire/ -- M&T Bank Corporation ("M&T") (NYSE:MTB) plans to announce its first quarter 2025 earnings results in a press release that will be issued before the market opens on Monday, April 14, 2025. Following the release, M&T will conduct a conference call and webcast at 8:00 a.m. (ET) to discuss the earnings results. The conference call and webcast may contain forward-looking statements and other material information. Domestic callers wishing to participate in the call may dial toll free (800) 347-7315.  International participants, using any applicable international calling codes, may dial (785) 424-1755. Callers should reference M&T Bank Corporation or th

Analyst downgraded M&T Bank from Overweight to Neutral and set a new price target of $223.50 from $215.00 previously

Citigroup downgraded M&T Bank from Buy to Neutral and set a new price target of $230.00 from $220.00 previously

Wolfe Research upgraded M&T Bank from Peer Perform to Outperform and set a new price target of $210.00

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4 - M&T BANK CORP (0000036270) (Issuer)

4 - M&T BANK CORP (0000036270) (Issuer)

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ALBANY, N.Y., March 20, 2025 /PRNewswire/ -- M&T Bank (NYSE:MTB) has announced Charles Pinckney, Regional President for Albany, will take on the additional responsibility of Regional President for M&T Bank's Hudson Valley region. Pinckney has assumed these additional responsibilities to help strengthen M&T's presence in the community and enhance service to customers throughout the region. Pinckney succeeds Mark Stellwag, who announced his planned retirement at the end of 2024. In this expanded role, Pinckney will partner closely with the community bank leadership team for the Hudson Valley – including members of its retail banking, business banking, commercial banking, wealth management, gov

Magistro brings 22 years of experience, more than 16 with M&T BUFFALO, N.Y., March 4, 2025 /PRNewswire/ -- M&T Bank (NYSE:MTB) has appointed Carmen Magistro as Northern Pennsylvania Regional President. Previously serving as M&T's Commercial Senior Group Manager for Northern Pennsylvania Commercial & Industrial, Magistro has assumed additional responsibilities to help strengthen M&T's presence in the community and enhance service to customers throughout the region. In this expanded role, Magistro will partner closely with the Community Bank leadership team for Northern Pennsylv

BUFFALO, N.Y., March 3, 2025 /PRNewswire/ -- M&T Bank (NYSE:MTB) Chairman and CEO René Jones has released his annual letter to shareholders, continuing a longstanding tradition of reflecting on the bank's performance and sharing insights about the state of the company, the economic conditions impacting its communities, and the broader banking industry. This year's letter: Highlights M&T's strong financial results in 2024, as it continues to outperform peer banks.Comments on M&T's commitment to the fundamentals that sustain it: managing liquidity, prudently allocating capital,

BUFFALO, N.Y., March 13, 2025 /PRNewswire/ -- M&T Bank Corporation ("M&T") (NYSE:MTB) plans to announce its first quarter 2025 earnings results in a press release that will be issued before the market opens on Monday, April 14, 2025. Following the release, M&T will conduct a conference call and webcast at 8:00 a.m. (ET) to discuss the earnings results. The conference call and webcast may contain forward-looking statements and other material information. Domestic callers wishing to participate in the call may dial toll free (800) 347-7315.  International participants, using any applicable international calling codes, may dial (785) 424-1755. Callers should reference M&T Bank Corporation or th

BUFFALO, N.Y., Feb. 19, 2025 /PRNewswire/ -- M&T Bank Corporation ("M&T") (NYSE:MTB) announced that it has declared a quarterly cash dividend of $1.35 per share on its common stock. The dividend will be payable March 31, 2025, to shareholders of record at the close of business on March 3, 2025. About M&T M&T is a financial holding company headquartered in Buffalo, New York. M&T's principal banking subsidiary, M&T Bank, provides banking products and services with a branch and ATM network spanning the eastern U.S. from Maine to Virginia and Washington, D.C. Trust-related services are provided in select markets in the U.S. and abroad by M&T's Wilmington Trust-affiliated companies and by M&T Ban

BUFFALO, N.Y., Jan. 16, 2024 /PRNewswire/ -- M&T Bank Corporation ("M&T" or "the Company") reports quarterly net income of $681 million or $3.86 of diluted earnings per common share and full-year net income of $2.59 billion or $14.64 of diluted earnings per common share. (Dollars in millions, except per share data) 4Q24 3Q24 4Q23 2024 2023 Earnings Highlights Net interest income $        1,728 $        1,726 $        1,722 $        6,852 $        7,115 Taxable-equivalent adjustment 12 13 13 50 54 Net interest income - taxable-equivalent 1,740 1,739 1,735 6,902 7,169 Provision for credit losses 140 120 225 610 645 Noninterest income 657 606 578 2,427 2,528 Noninterest expense 1,363 1,303 1,45

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