BUFFALO, N.Y., Jan. 18, 2023 /PRNewswire/ -- M&T Bank Corporation ("M&T") (NYSE:MTB) announced that it has declared a quarterly cash dividend of $0.3515625 per share on its Perpetual Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series H ("Series H Preferred Stock"). The dividend will be payable March 15, 2023 to shareholders of record at the close of business on March 1, 2023.

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 in 12 states across the northeastern 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 Bank.

Investor Contact:	Brian Klock
	(716) 842–5138

Media Contact:	Maya Dillon
	(646) 735-1958

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SOURCE M&T Bank Corporation

M&T Bank Corporation Announces Series H Preferred Stock Quarterly Dividend