m&t bank corporation is one of the 20 largest commercial bank holding companies in the u.s. with over 15,000 employees and more than 700 branches, m&t serves more than two million consumer households and commercial clients. established over 150 years ago in buffalo, n.y., we’re regarded as one of the strongest and most highly respected regional banks in the country. through our affiliate, wilmington trust, we are also a premier provider of wealth management and corporate trust solutions. equal housing lender. nmls #381076. © 2013 m&t bank. member fdic.
![M & T Bank logo](/files/LOGO/36270-MTB.png)
Company profile
Ticker
MTB, MTB-PH
Exchange
Website
CEO
Rene Jones
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
FIRST EMPIRE STATE CORP
SEC CIK
Corporate docs
IRS number
160968385
MTB stock data
Latest filings (excl ownership)
8-K
Results of Operations and Financial Condition
18 Jul 24
8-K
Other Events
10 Jul 24
8-K
Departure of Directors or Certain Officers
26 Jun 24
8-K
Regulation FD Disclosure
11 Jun 24
CERT
Certification of approval for exchange listing
14 May 24
8-A12B
Registration of securities on exchange
13 May 24
8-K
Material Modifications to Rights of Security Holders
13 May 24
424B5
Prospectus supplement for primary offering
8 May 24
FWP
Free writing prospectus
7 May 24
424B5
Prospectus supplement for primary offering
6 May 24
Transcripts
MTB
Earnings call transcript
2024 Q2
18 Jul 24
MTB
Earnings call transcript
2023 Q4
18 Jan 24
MTB
Earnings call transcript
2023 Q3
18 Oct 23
MTB
Earnings call transcript
2023 Q2
19 Jul 23
MTB
Earnings call transcript
2023 Q2
19 Jul 23
MTB
Earnings call transcript
2023 Q1
17 Apr 23
MTB
Earnings call transcript
2022 Q4
19 Jan 23
MTB
Earnings call transcript
2022 Q3
19 Oct 22
MTB
Earnings call transcript
2022 Q2
20 Jul 22
MTB
Earnings call transcript
2022 Q1
20 Apr 22
Latest ownership filings
144
Notice of proposed sale of securities
26 Jul 24
144
Notice of proposed sale of securities
26 Jul 24
4
ROBERT E SADLER JR
25 Jul 24
4
GARY N GEISEL
25 Jul 24
144
Notice of proposed sale of securities
24 Jul 24
144
Notice of proposed sale of securities
22 Jul 24
11-K
Annual report of employee stock purchases
20 Jun 24
4
Doris P. Meister
5 Jun 24
4
Robert J Bojdak
3 Jun 24
4
JOHN P BARNES
16 May 24
Financial summary
Quarter (USD) | Mar 24 | Sep 23 | Jun 23 | Mar 23 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 1.70 bn | 1.70 bn | 1.70 bn | 1.70 bn | 1.70 bn | 1.70 bn |
Cash burn (monthly) | 24.62 mm | (no burn) | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 95.21 mm | n/a | n/a | n/a | n/a | n/a |
Cash remaining | 1.60 bn | n/a | n/a | n/a | n/a | n/a |
Runway (months of cash) | 65.0 | n/a | n/a | n/a | n/a | n/a |
Institutional ownership, Q1 2024
79.8% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 842 |
Opened positions | 224 |
Closed positions | 85 |
Increased positions | 231 |
Reduced positions | 257 |
13F shares | Current |
---|---|
Total value | 18.72 tn |
Total shares | 133.23 mm |
Total puts | 750.83 k |
Total calls | 718.00 k |
Total put/call ratio | 1.0 |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 19.28 mm | $2.80 tn |
BLK Blackrock | 12.91 mm | $1.88 tn |
Wellington Management | 12.42 mm | $1.81 tn |
FMR | 9.47 mm | $1.38 tn |
STT State Street | 8.42 mm | $1.22 tn |
JPM JPMorgan Chase & Co. | 6.68 mm | $972.17 bn |
IVZ Invesco | 4.43 mm | $644.48 bn |
State Farm Mutual Automobile Insurance | 4.12 mm | $599.59 bn |
Geode Capital Management | 4.12 mm | $597.36 bn |
MS Morgan Stanley | 3.99 mm | $580.78 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
24 Jul 24 | Geisel Gary N | Common Stock | Sell | Dispose S | No | No | 172.4985 | 500 | 86.25 k | 16,429 |
23 Jul 24 | Geisel Gary N | Common Stock | Gift | Dispose G | No | No | 0 | 500 | 0.00 | 16,929 |
23 Jul 24 | Sadler Robert E JR | Common Stock | Sell | Dispose S | Yes | No | 172.23 | 1,000 | 172.23 k | 31,796 |
30 May 24 | Bojdak Robert J | Common Stock | Gift | Dispose G | No | No | 0 | 1,220 | 0.00 | 19,061 |
14 May 24 | John P Barnes | Common Stock | Sell | Dispose S | No | No | 154.5032 | 43,426 | 6.71 mm | 35,480 |
14 May 24 | John P Barnes | Common Stock | Option exercise | Acquire M | No | No | 149.39 | 43,426 | 6.49 mm | 78,906 |
14 May 24 | John P Barnes | Option Common Stock | Option exercise | Dispose M | No | No | 149.39 | 43,426 | 6.49 mm | 0 |
News
JP Morgan Maintains Neutral on M&T Bank, Raises Price Target to $183
23 Jul 24
B of A Securities Maintains Buy on M&T Bank, Raises Price Target to $188
22 Jul 24
Piper Sandler Maintains Overweight on M&T Bank, Raises Price Target to $190
22 Jul 24
Citigroup Maintains Buy on M&T Bank, Raises Price Target to $195
19 Jul 24
M&T Bank Analysts Boost Their Forecasts Following Upbeat Earnings
19 Jul 24
Press releases
M&T Bank Corporation (NYSE:MTB) announces second quarter 2024 results
18 Jul 24
M&T Bank Corporation Announces Quarterly Preferred Stock Dividends
10 Jul 24
M&T Bank Corporation Announces Second Quarter 2024 Earnings Release and Conference Call
20 Jun 24
Blackstone Mortgage Trust and M&T Realty Capital Announce Agency Multifamily Lending Partnership
14 Jun 24
M&T Bank Corporation Announces Conference Call Dates to Review Quarterly 2025 Earnings
11 Jun 24