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.
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
Other Events
13 Mar 24
424B2
Prospectus for primary offering
12 Mar 24
FWP
Free writing prospectus
12 Mar 24
8-K
Regulation FD Disclosure
5 Mar 24
ARS
2023 FY
Annual report to shareholders
5 Mar 24
DEFA14A
Additional proxy soliciting materials
5 Mar 24
DEF 14A
Definitive proxy
5 Mar 24
8-K
Regulation FD Disclosure
18 Jan 24
8-K
Results of Operations and Financial Condition
18 Jan 24
8-K
Regulation FD Disclosure
5 Dec 23
Transcripts
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 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
MTB
Earnings call transcript
2021 Q4
20 Jan 22
MTB
Earnings call transcript
2021 Q4
20 Jan 22
Latest ownership filings
4
KIRK W WALTERS
15 Mar 24
4
GARY N GEISEL
15 Mar 24
144
Notice of proposed sale of securities
14 Mar 24
144
Notice of proposed sale of securities
13 Mar 24
4
Doris P. Meister
13 Mar 24
144
Notice of proposed sale of securities
11 Mar 24
4
Doris P. Meister
27 Feb 24
144
Notice of proposed sale of securities
23 Feb 24
4
Tracy S. Woodrow
21 Feb 24
4
Julianne Urban
21 Feb 24
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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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) | 1.77 bn | 1.77 bn | 1.77 bn | 1.77 bn | 1.77 bn | 1.77 bn |
Cash burn (monthly) | 26.51 mm | 40.58 mm | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 157.99 mm | 241.85 mm | n/a | n/a | n/a | n/a |
Cash remaining | 1.61 bn | 1.53 bn | n/a | n/a | n/a | n/a |
Runway (months of cash) | 60.8 | 37.6 | n/a | n/a | n/a | n/a |
Institutional ownership, Q3 2023
82.5% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 780 |
Opened positions | 83 |
Closed positions | 93 |
Increased positions | 262 |
Reduced positions | 288 |
13F shares | Current |
---|---|
Total value | 17.38 tn |
Total shares | 137.54 mm |
Total puts | 4.78 mm |
Total calls | 895.10 k |
Total put/call ratio | 5.3 |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 19.50 mm | $2.47 tn |
Wellington Management | 14.21 mm | $1.80 tn |
BLK Blackrock | 13.05 mm | $1.65 tn |
STT State Street | 8.37 mm | $1.06 tn |
FMR | 8.28 mm | $1.05 tn |
JPM JPMorgan Chase & Co. | 6.07 mm | $767.87 bn |
IVZ Invesco | 4.84 mm | $612.14 bn |
State Farm Mutual Automobile Insurance | 4.23 mm | $534.66 bn |
Geode Capital Management | 3.76 mm | $475.05 bn |
Charles Schwab Investment Management | 3.60 mm | $454.67 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
14 Mar 24 | Geisel Gary N | Common Stock | Sell | Dispose S | No | No | 140.845 | 703 | 99.01 k | 16,459 |
13 Mar 24 | Kirk W Walters | Common Stock | Sell | Dispose S | No | No | 145 | 28,845 | 4.18 mm | 6,367 |
13 Mar 24 | Kirk W Walters | Common Stock | Option exercise | Acquire M | No | No | 123.44 | 10,661 | 1.32 mm | 35,212 |
13 Mar 24 | Kirk W Walters | Common Stock | Option exercise | Acquire M | No | No | 125.85 | 18,184 | 2.29 mm | 24,551 |
13 Mar 24 | Kirk W Walters | OPtion Common Stock | Option exercise | Dispose M | No | No | 123.44 | 10,661 | 1.32 mm | 0 |
13 Mar 24 | Kirk W Walters | Option Common Stock | Option exercise | Dispose M | No | No | 125.85 | 18,184 | 2.29 mm | 0 |
11 Mar 24 | Meister Doris P. | Common Stock | Sell | Dispose S | No | No | 143.605 | 3,961 | 568.82 k | 5,000 |
23 Feb 24 | Meister Doris P. | Common Stock | Sell | Dispose S | No | No | 137.912 | 1,675 | 231.00 k | 8,961 |
16 Feb 24 | Peter D'Arcy | Common Stock | Payment of exercise | Dispose F | No | No | 138.31 | 813 | 112.45 k | 9,319 |
16 Feb 24 | Peter D'Arcy | Common Stock | Grant | Acquire A | No | No | 0 | 2,253 | 0.00 | 10,132 |
News
DA Davidson Maintains Neutral on M&T Bank, Lowers Price Target to $159
19 Jan 24
Piper Sandler Maintains Overweight on M&T Bank, Lowers Price Target to $152
19 Jan 24
The Analyst Landscape: 4 Takes On M&T Bank
19 Jan 24
RBC Capital Reiterates Outperform on M&T Bank, Maintains $160 Price Target
19 Jan 24
Dow Surges Over 100 Points; M&T Bank Posts Weak Earnings
18 Jan 24