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M&T Bank Corp (MTB.N)

MTB.N on New York Stock Exchange

157.03USD
20 Jan 2017
Change (% chg)

$1.68 (+1.08%)
Prev Close
$155.35
Open
$155.74
Day's High
$157.61
Day's Low
$155.72
Volume
218,686
Avg. Vol
223,603
52-wk High
$160.30
52-wk Low
$100.12

Latest Key Developments (Source: Significant Developments)

M&T Bank Corporation settles lawsuit claiming New York City lending bias - Reuters
Sunday, 30 Aug 2015 08:00pm EDT 

M&T Bank Corporation:M&T Bank Corp agreed to upgrade its mortgage lending policies to settle a lawsuit by a nonprofit group that accused the large mid-Atlantic lender of discriminatory mortgage lending practices in New York City - Reuters.The settlement with the Fair Housing Justice Center and nine individuals was announced on Aug.31, and lasts three years - Reuters.It bans M&T loan officers from "steering" borrowers to particular neighborhoods or loans based on their race or national origin, or using census tract data regarding race or national origin as a criterion in offering mortgages - Reuters.M&T also agreed to improve training, using recommendations from an independent consultant it will hire, and pay $485,000 to the plaintiffs for damages and legal fees - Reuters.M&T was accused of encouraging non-white testers to buy homes in lower-income or "majority minority" neighborhoods, such as Harlem in Manhattan or St. Albans in Queens, and white testers to move to majority-white areas such as Murray Hill in Manhattan- Reuters.M&T on August 5 said it is cooperating with those probes, and that settlement talks had begun -Reuters.  Full Article

M&T Bank Corp announces dividend declarations on common stock, series A and series C preferred Stock
Wednesday, 22 Jul 2015 11:00am EDT 

M&T Bank Corp:Declared quarterly cash dividend of $.70 per share on its common stock.Says dividend will be payable Sept. 30, to shareholders of record at close of business on Sept. 1.Says that in addition, M&T has declared quarterly cash dividends of $15.9375 per share on each of its series A and series C preferred stock.Says dividends will be payable Aug. 17, to shareholders of record at the close of business on Aug. 3.  Full Article

M&T Bank Corp declares quarterly cash dividend
Tuesday, 19 May 2015 04:40pm EDT 

M&T Bank Corp:Declares quarterly cash dividend of $.70 per share.Payable June 30, to shareholders of record at the close of business on June 1.  Full Article

M&T Bank Corp announces dividend declaration on Series A and Series C preferred stock
Wednesday, 22 Apr 2015 10:15am EDT 

M&T Bank Corp:Declares quarterly cash dividends of $15.9375 per share on each of Series A and Series C preferred stock.Says dividends will be payable on May 15 to shareholders of record date as on May 4.  Full Article

M&T Bank Corp announces first quarter common stock dividend
Thursday, 19 Feb 2015 09:06am EST 

M&T Bank Corp:Declares quarterly cash dividend of $.70 per share on common stock.Payable March 31, of record at the close of business on March 2.  Full Article

BRIEF-M&T Bank Q3 operating earnings per share $2.13

* Q3 earnings per share view $2.04 -- Thomson Reuters I/B/E/S