Real-time Estimate
Other stock markets
|
5-day change | 1st Jan Change | ||
143.5 USD | -2.28% | -3.25% | +4.67% |
Jun. 03 | Jefferies Adjusts Price Target on M&T Bank to $160 From $151 | MT |
May. 21 | M&T Bank Raises Quarterly Dividend by 4% to $1.35 Per Share; Payable on June 28 to Shareholders of Record on June 3 | MT |
Business Summary
- retail banking (29.4% of net interest income): sales of standard and specialized banking products and services (leasing, factoring, insurance, etc.);
- commercial banking (22.3%);
- real estate assets management (16.8%);
- business banking (13.6%);
- finance and investment banking (12.6%);
- mortgage banking (2.4%);
- other (2.9%).
At the end of 2021, the bank had USD 131.5 billion in current deposits and USD 93.1 billion in current loans.
Number of employees: 21,927
Sales per Business
USD in Million | 2022 | Weight | 2023 | Weight | Delta |
---|---|---|---|---|---|
Retail Bank
53.0
%
| 2,306 | 28.2 % | 5,114 | 53.0 % | +121.80% |
Commercial Bank
31.8
%
| 1,745 | 21.3 % | 3,067 | 31.8 % | +75.73% |
Institutional Services and Wealth Management
17.7
%
| - | - | 1,705 | 17.7 % | - |
All Other
-2.5
%
| 1,794 | 21.9 % | -243 | -2.5 % | -113.54% |
Sales per region
USD in Million | 2022 | Weight | 2023 | Weight | Delta |
---|---|---|---|---|---|
United States
100.0
%
| 8,179 | 100.0 % | 9,643 | 100.0 % | +17.91% |
Managers
Managers | Title | Age | Since |
---|---|---|---|
René Jones
CEO | Chief Executive Officer | 59 | 04-12-31 |
Daryl Bible
DFI | Director of Finance/CFO | 63 | 23-05-31 |
Tracy Woodrow
ADM | Chief Administrative Officer | - | 12-12-31 |
Michael Wisler
CTO | Chief Tech/Sci/R&D Officer | - | - |
Brian Klock
IRC | Investor Relations Contact | - | 21-05-16 |
Glenn Jackson
PRN | Corporate Officer/Principal | - | 18-12-05 |
Laura O'Hara
LAW | General Counsel | - | 17-08-20 |
Brian E. Hickey
PRN | Corporate Officer/Principal | 71 | 94-04-30 |
Mike Drury
PRN | Corporate Officer/Principal | - | - |
Nicolas Boesch
PRN | Corporate Officer/Principal | - | - |
Members of the board
Members of the board | Title | Age | Since |
---|---|---|---|
Robert Brady
BRD | Director/Board Member | 83 | 93-12-31 |
René Jones
CEO | Chief Executive Officer | 59 | 04-12-31 |
William Cruger
BRD | Director/Board Member | 65 | 22-03-31 |
Gary Geisel
BRD | Director/Board Member | 75 | 08-12-31 |
Melinda Rich
BRD | Director/Board Member | 66 | 08-12-31 |
Robert Sadler
BRD | Director/Board Member | 78 | 82-12-31 |
Kirk Walters
BRD | Director/Board Member | 68 | 22-03-31 |
John Barnes
BRD | Director/Board Member | 68 | 22-03-31 |
Denis Salamone
BRD | Director/Board Member | 70 | 14-12-31 |
Jane Chwick
BRD | Director/Board Member | 61 | 22-03-31 |
Share class
Vote | Quantity | Free-Float | Company-owned shares | Total Float | |
---|---|---|---|---|---|
Stock A | 1 | 179,578,542 | 166,101,932 ( 92.50 %) | 12,724,121 ( 7.086 %) | 87.55 % |
Stock B | 0 | 10,140,000 | 0 | 0 |
Company contact information
Group companies
Name | Category and Sector |
---|---|
M&T Real Estate Trust
|
Investment Trusts/Mutual Funds
|
Cairo No. 2 Finance DAC
Cairo No. 2 Finance DAC Finance/Rental/LeasingFinance Cairo No. The private company is located in Ireland. 2 Finance DAC operates as a special purpose financial vehicle. |
Finance/Rental/Leasing
|
Wilmington Trust SP Services (London) Ltd.
Wilmington Trust SP Services (London) Ltd. Miscellaneous Commercial ServicesCommercial Services Part of M & T Bank Corp., Wilmington Trust SP Services (London) Ltd. is a British company that provides management and consulting services. The company is based in London, UK and was founded in 1990. |
Miscellaneous Commercial Services
|
Wilmington Trust SP Services (Frankfurt) GmbH
Wilmington Trust SP Services (Frankfurt) GmbH Investment ManagersFinance Part of M&T Bank Corp., Wilmington Trust SP Services (Frankfurt) GmbH is a company based in Frankfurt am Main, Germany. |
Investment Managers
|
M&T Securities, Inc.
M&T Securities, Inc. Investment Banks/BrokersFinance Part of M&T Bank Corp., M&T Securities, Inc. provides brokerage services. The company is based in Buffalo, NY. |
Investment Banks/Brokers
|
Wilmington Trust Investment Management LLC
Wilmington Trust Investment Management LLC Investment ManagersFinance Wilmington Trust Investment Management LLC (WTIM) is a SEC-registered investment advisor headquartered in Wilmington, Delaware. The firm was founded in 2001 and is a wholly-owned subsidiary of M&T Bank Corp. (NYSE: MTB). WTIM provides investment advice to clients that are private investment funds. |
Investment Managers
|
M&T Realty Capital Corp.
M&T Realty Capital Corp. Finance/Rental/LeasingFinance M&T Realty Capital Corp. operates as a mortgage bank. It provides financing for commercial properties, including multifamily, healthcare facility, industrial, retail, hospitality, as well as student, senior and military housing properties. The firm offers loans for apartment properties, student housing, manufactured, cooperatives, affordable housing and market-rate properties. The company was founded in 1973 and is headquartered in Baltimore, MD. |
Finance/Rental/Leasing
|
Wilmington Trust, N.A.
Wilmington Trust, N.A. Investment ManagersFinance Part of M&T Bank Corp., Wilmington Trust, N.A. is a premier provider of wealth and institutional services. The company is based in Wilmington, DE. Wilmington Trust was founded in 1903 and the CEOs are Doris Powers Meister and William Marder. Wilmington Trust offers intelligence backed by deep experience to power portfolios and manage risk. Wilmington Trust's investment management core tenets can enhance portfolio diversification while reducing volatility and potential for loss. The company's team specializes in capital markets transactions, including default, bankruptcy, corporate debt, high yield, M&A, loan agency, and more. The company also provides estate planning and trust strategies to preserve and transfer wealth. |
Investment Managers
|
Wilmington Trust Corp.
Wilmington Trust Corp. Major BanksFinance Wilmington Trust Corp. provides banking and financial services. It also creates a relationship management company that helps individual and institutional clients increase and preserve their wealth. The firm operates through four segments in three core businesses: Regional Banking, Corporate Client Services and Wealth Advisory Services. The Regional Banking Services serves commercial clients throughout the mid-Atlantic region and consumer clients in the state of Delaware. The Wealth Advisory Services serves high-net-worth clients throughout the United States. The Corporate Client Services serves institutional clients. The company was founded by T. Coleman duPont on July 8, 1903 and is headquartered in Wilmington, DE. |
Major Banks
|
Sales per Business
EPS Revisions
1st Jan change | Capi. | |
---|---|---|
+7.11% | 24.5B | |
+17.55% | 574B | |
+18.15% | 311B | |
+15.71% | 254B | |
+18.57% | 203B | |
+21.72% | 184B | |
+27.18% | 172B | |
+9.30% | 163B | |
+9.22% | 150B | |
-8.31% | 143B |
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