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M&T Bank Corp (MTB.N)

MTB.N on New York Stock Exchange

180.76USD
23 May 2018
Change (% chg)

$-3.13 (-1.70%)
Prev Close
$183.89
Open
$182.79
Day's High
$183.39
Day's Low
$179.89
Volume
110,021
Avg. Vol
172,385
52-wk High
$197.37
52-wk Low
$141.15

Latest Key Developments (Source: Significant Developments)

M&T Bank CFO Says 2018 Operating Expenses To Increase Nominally- Conf Call
Monday, 16 Apr 2018 

April 16 (Reuters) - M&T Bank Corp ::M&T BANK CORP CFO SAYS OPERATING EXPENSES TO INCREASE NOMINALLY IN 2018- CONF CALL.  Full Article

M&T Bank Corp Q4 Operating Earnings Per Share $2.04
Thursday, 18 Jan 2018 

Jan 18 (Reuters) - M&T Bank Corp ::ORATION ANNOUNCES 2017 FOURTH QUARTER AND FULL-YEAR RESULTS.Q4 OPERATING EARNINGS PER SHARE $2.04.Q4 EARNINGS PER SHARE VIEW $2.41 -- THOMSON REUTERS I/B/E/S.Q4 GAAP EARNINGS PER SHARE $2.01.- PROVISION FOR CREDIT LOSSES WAS $31 MILLION IN Q4 OF 2017, COMPARED WITH $62 MILLION IN YEAR-EARLIER QUARTER.- TANGIBLE EQUITY PER COMMON SHARE OF $69.08 AT DECEMBER 31, 2017 WAS UP 2% FROM $67.85 AT DECEMBER 31, 2016.- NET CHARGE-OFFS OF LOANS WERE $27 MILLION DURING QUARTER, COMPARED WITH $49 MILLION IN Q4 OF 2016.- QTRLY NET INTEREST INCOME EXPRESSED ON A TAXABLE-EQUIVALENT BASIS AGGREGATED $980 MILLION, UP 11% FROM $883 MILLION IN YEAR-EARLIER QUARTER.- ESTIMATED INCREMENTAL INCOME TAX EXPENSE IN Q4 RELATED TO TAX ACT WAS $85 MILLION, OR$.56 OF DILUTED EPS.  Full Article

M&T Bank To Invest In Employees And Community
Thursday, 18 Jan 2018 

Jan 17 (Reuters) - M&T Bank Corp ::M&T BANK TO INVEST IN EMPLOYEES AND COMMUNITY.M&T BANK CORP - WILL INCREASE WAGES FOR HOURLY PAID EMPLOYEES.M&T BANK - ALL EMPLOYEES WILL BE GRANTED 40 HOURS OF PAID TIME EACH YEAR TO PARTICIPATE IN VOLUNTEER OR EMPLOYEE RESOURCE GROUP ACTIVITIES OF CHOICE.  Full Article

M&T Bank Corp Names René Jones Chairman And CEO
Thursday, 21 Dec 2017 

Dec 20 (Reuters) - M&T Bank Corp ::M&T BANK CORPORATION NAMES RENÉ JONES CHAIRMAN AND CEO.M&T BANK - JONES SUCCEEDS M&T'S CHAIRMAN & CEO ROBERT WILMERS, WHO DIED SUDDENLY AND UNEXPECTEDLY AT HOME ON DECEMBER 16.M&T BANK CORP - JONES WAS ALSO ELECTED TO BOARD OF BOTH M&T AND M&T BANK.  Full Article

M&T Bank Q3 gaap earnings per share $2.21
Wednesday, 18 Oct 2017 

Oct 18 (Reuters) - M&T Bank Corp ::M&T Bank Corporation announces third quarter results.Qtrly ‍provision for credit losses was $30 million in Q3 of 2017, compared with $47 million in 2016's Q3 ​.Tangible equity per common share rose to $69.02 at the recent quarter-end from $67.42 a year earlier and $68.20 at June 30, 2017.Qtrly ‍net charge-offs of loans were $25 million during recent quarter, compared with $41 million in Q3 of 2016​.Q3 gaap earnings per share $2.21.Q3 earnings per share view $2.40 -- Thomson Reuters I/B/E/S.M&T Bank - estimates that ratio of common equity tier 1 to risk-weighted assets under regulatory capital rules was about 10.98% as of September 30, 2017.‍Net interest income expressed on a taxable-equivalent basis totaled $966 million in Q3 of 2017, up 12%.Q3 operating earnings per share $2.24.  Full Article

M&T Bank says to increase prime lending rate from 3.75% to 4.00%
Thursday, 16 Mar 2017 

M&T Bank Corp : M&T Bank increases prime rate .M&T Bank Corp says will increase its prime lending rate from 3.75% to 4.00%.  Full Article

M&T Bank Corporation acknowledges the passing of director Richard G. King
Tuesday, 27 Sep 2016 

M&T Bank Corp :M&T Bank Corporation acknowledges the passing of director Richard G. King.  Full Article

M&T Bank Corp Q2 GAAP EPS $1.98
Wednesday, 20 Jul 2016 

M&T Bank Corp : Says net charge-offs of loans were $24 million during recent quarter, compared with $21 million in Q2 of 2015 . Q2 GAAP earnings per share $1.98 . Tangible equity per common share rose 13 pct to $66.95 at recent quarter-end from $59.39 year earlier,was up 2 pct from $65.65 at March 31, 2016. . m&t bank corporation announces second quarter results . Q2 operating earnings per share $2.07 . Q2 earnings per share view $2.08 -- Thomson Reuters I/B/E/S . Net interest income expressed on a taxable-equivalent basis totaled $870 million in recent quarter, up 26 pct from $689 million in Q2 of 2015 .Says Q2 provision for credit losses was $32 million in Q2 of 2016, compared with $30 million in year-earlier quarter.  Full Article

M&T Bank authorized stock repurchase program up to $1.15 bln
Wednesday, 20 Jul 2016 

M&T Bank Corp : Says Authorized A New Stock Repurchase Program To Repurchase Up To $1.15 Bln Of Shares Of Its Common Stock - SEC filing .M&T Bank Corp says shares that are repurchased under stock repurchase program will be held in M&T's treasury.  Full Article

M&T Bank Corporation receives no objection to its 2016 capital plan
Thursday, 30 Jun 2016 

M&T Bank Corp : M&T Bank Corporation receives no objection to its 2016 capital plan . M&T Bank Corp Says 2016 capital plan includes repurchase of up to $1.15 bln of common shares during four-quarter period starting on July 1, 2016 .Says increase in quarterly common stock dividend in q1 of 2017 of up to $0.05 per share to $0.75 per share.  Full Article

BRIEF-IEC Electronics Says Co And M&T Bank Entered Into 5th Amendment To 5th Amended And Restated Credit Facility Agreement

* IEC ELECTRONICS - EFFECTIVE AS OF APRIL 20, CO AND M&T BANK ENTERED INTO FIFTH AMENDMENT TO FIFTH AMENDED AND RESTATED CREDIT FACILITY AGREEMENT