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M&T Bank Corp (MTB.N)

MTB.N on New York Stock Exchange

181.83USD
18 May 2018
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Latest Key Developments (Source: Significant Developments)

M&T Bank Corporation Announces Increased Common Stock Dividend
Tuesday, 15 May 2018 04:36pm EDT 

M&T Bank Corp ::ORATION ANNOUNCES INCREASED COMMON STOCK DIVIDEND.SETS QUARTERLY CASH DIVIDEND OF $0.80PER SHARE.NEW DIVIDEND REPRESENTS AN INCREASE OF $0.05 PER SHARE, OR 7 PERCENT FROM PREVIOUS $0.75 PER SHARE DIVIDEND.  Full Article

M&T Increases Prime Rate
Wednesday, 21 Mar 2018 02:24pm EDT 

March 21 (Reuters) - M&T Bank Corp ::M&T INCREASES PRIME RATE.M&T BANK CORP - EFFECTIVE THURSDAY, MARCH 22, M&T BANK WILL INCREASE ITS PRIME LENDING RATE FROM 4.50% TO 4.75%.  Full Article

M&T Bank Authorizes Additional Stock Repurchase Program Of Up To $745 Mln
Wednesday, 21 Feb 2018 04:17pm EST 

Feb 21 (Reuters) - M&T Bank Corp ::M&T BANK CORPORATION ANNOUNCES FIRST QUARTER COMMON STOCK DIVIDEND AND ADDITIONAL COMMON STOCK REPURCHASE PROGRAM.M&T BANK - M&T'S BOARD OF DIRECTORS AUTHORIZED ADDITIONAL STOCK REPURCHASE PROGRAM TO REPURCHASE UP TO $745 MILLION OF SHARES OF CO.  Full Article

M&T Bank Receives Non-Objection From Fed Board Of Governors To Repurchase $745 Mln Shares
Monday, 5 Feb 2018 04:29pm EST 

Feb 5 (Reuters) - M&T Bank Corp ::RECEIVED NOTICE OF NON-OBJECTION FROM BOARD OF GOVERNORS OF FEDERAL RESERVE SYSTEM TO REPURCHASE ADDITIONAL $745 MILLION OF COMMON SHARES.RECEIVED NOTICE OF NON-OBJECTION TO REPURCHASE $745 MILLION OF SHARES OF COMMON STOCK, $0.50 PAR VALUE PER SHARE, BY JUNE 30, 2018.M&T BANK SAYS REPURCHASE IS IN ADDITION TO $900 MILLION STOCK AUTHORIZED FOR REPURCHASE BY M&T'S BOARD UNDER M&T'S 2017 CAPITAL PLAN-SEC FILING.  Full Article

M&T Bank Corp Names René Jones Chairman And CEO
Wednesday, 20 Dec 2017 04:34pm EST 

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 06:51am EDT 

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 ‍expects more modest expansion of NIM from current level than was seen through 1H 2017 for remaining year
Wednesday, 13 Sep 2017 11:33am EDT 

Sept 13 (Reuters) - M&T Bank Corp ::‍Expect more modest expansion of NIM from current level than was seen through 1H 2017 for remaining year - SEC filing​.‍Credit credit conditions & near term loss outlook remain stable for remaining year ​.‍Loan growth trends seen over first half of 2017 continuing into Q3​.  Full Article

M&T Bank Corporation announces second quarter results
Wednesday, 19 Jul 2017 06:51am EDT 

July 19 (Reuters) - M&T Bank Corp :M&T Bank Corp announces second quarter results.Q2 operating earnings per share $2.38.Q2 GAAP earnings per share $2.35.Q2 earnings per share view $2.27 -- Thomson Reuters I/B/E/S.M&T Bank Corp qtrly ‍provision for credit losses was $52 million in Q2 of 2017, compared with $32 million in year-earlier quarter​.M&T Bank Corp qtrly net charge-offs of loans were $45 million, compared with $24 million in Q2 of 2016.M&T Bank Corp qtrly ‍net charge-offs of loans were $45 million during recent quarter, compared with $24 million in Q2 of 2016.M&T Bank Corp - ‍net interest income expressed on a taxable-equivalent basis totaled $947 million in Q2 , increase of $77 million, 9 pct, from $870 million year-earlier quarter.M&T Bank Corp - ‍tangible equity per common share rose to $68.20 at recent quarter-end from $66.95 a year earlier and $67.16 at March 31, 2017​.M&T Bank Corp - estimates ratio of common equity tier 1 to risk-weighted assets under regulatory capital rules was about 10.80 pct as of June 30, 2017.  Full Article

M&T Bank Corp to repurchase up to $900 mln shares of common stock - SEC filing​
Tuesday, 18 Jul 2017 04:23pm EDT 

July 18 (Reuters) - M&T Bank Corp :M&T Bank Corp - ‍board authorized new stock repurchase program to repurchase up to $900 million of shares of its common stock - SEC filing​.  Full Article

M&T Bank receives no objection to its 2017 capital plan
Wednesday, 28 Jun 2017 05:12pm EDT 

June 28 (Reuters) - M&T Bank Corp ::M&T Bank Corp - 2017 capital plan includes repurchase of up to $900 million of common shares during that four-quarter period.M&T Bank Corp - ‍2017 capital plan also includes increase in quarterly common stock dividend in q2 of 2018 of up to $0.05 per share to $0.80 per share​.  Full Article

BRIEF-M&T Bank Corporation Announces Increased Common Stock Dividend

* NEW DIVIDEND REPRESENTS AN INCREASE OF $0.05 PER SHARE, OR 7 PERCENT FROM PREVIOUS $0.75 PER SHARE DIVIDEND Source text for Eikon: Further company coverage: