M&T Bank Corporation

BMV:MTB * Stock Report

Market Cap: Mex$559.2b

M&T Bank Management

Management criteria checks 3/4

M&T Bank's CEO is Ren Jones, appointed in Dec 2017, has a tenure of 7.83 years. total yearly compensation is $10.27M, comprised of 10.7% salary and 89.3% bonuses, including company stock and options. directly owns 0.066% of the company’s shares, worth MX$366.54M. The average tenure of the management team and the board of directors is 3.3 years and 8 years respectively.

Key information

Ren Jones

Chief executive officer

US$10.3m

Total compensation

CEO salary percentage10.72%
CEO tenure7.8yrs
CEO ownership0.07%
Management average tenure3.3yrs
Board average tenure8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Ren Jones's remuneration changed compared to M&T Bank's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2025n/an/a

US$3b

Mar 31 2025n/an/a

US$2b

Dec 31 2024US$10mUS$1m

US$2b

Sep 30 2024n/an/a

US$2b

Jun 30 2024n/an/a

US$2b

Mar 31 2024n/an/a

US$2b

Dec 31 2023US$9mUS$1m

US$3b

Sep 30 2023n/an/a

US$3b

Jun 30 2023n/an/a

US$3b

Mar 31 2023n/an/a

US$2b

Dec 31 2022US$9mUS$1m

US$2b

Sep 30 2022n/an/a

US$2b

Jun 30 2022n/an/a

US$1b

Mar 31 2022n/an/a

US$2b

Dec 31 2021US$7mUS$1m

US$2b

Sep 30 2021n/an/a

US$2b

Jun 30 2021n/an/a

US$2b

Mar 31 2021n/an/a

US$1b

Dec 31 2020US$6mUS$1m

US$1b

Sep 30 2020n/an/a

US$1b

Jun 30 2020n/an/a

US$1b

Mar 31 2020n/an/a

US$2b

Dec 31 2019US$6mUS$950k

US$2b

Sep 30 2019n/an/a

US$2b

Jun 30 2019n/an/a

US$2b

Mar 31 2019n/an/a

US$2b

Dec 31 2018US$5mUS$900k

US$2b

Compensation vs Market: Ren's total compensation ($USD10.27M) is above average for companies of similar size in the MX market ($USD5.24M).

Compensation vs Earnings: Ren's compensation has been consistent with company performance over the past year.


CEO

Ren Jones (60 yo)

7.8yrs
Tenure
US$10,265,583
Compensation

Mr. Rene F. Jones, also known as Ren, has been the Chairman and Chief Executive Officer of M&T Bank Corporation since December 20, 2017. Mr. Jones served as an Executive Vice President of M&T Bank Corporat...


Leadership Team

NamePositionTenureCompensationOwnership
Rene Jones
Chairman & CEO7.8yrsUS$10.27m0.066%
MX$ 366.5m
Daryl Bible
Senior EVP & CFO2.3yrsUS$4.84m0.014%
MX$ 79.3m
Christopher Kay
Senior EVP & Head of Enterprise Platforms6.9yrsUS$3.53m0.0069%
MX$ 38.5m
Hugh Giorgio
Head of Investment Banking2.3yrsno datano data
Michael Wisler
Senior VP & Chief Information Officer3.8yrsno data0.0032%
MX$ 18.1m
Tracy Woodrow
Regional President for Western New York & Chief Administrative Officer2.8yrsno data0.0044%
MX$ 24.9m
Brian Klock
Senior VP and Head of Markets & Investor Relations3.8yrsno datano data
Laura O'Hara
Senior EVP & Chief Legal Officer8.2yrsno data0.0047%
MX$ 26.2m
Sarah Knakmuhs
Chief Communications Officer1.6yrsno datano data
David Hollis
Chief Human Resources Officer2yrsno datano data
Eugene Sheehy
Senior Vice President and Integration Executive9yrsUS$6.67kno data
August Chiasera
Head of Community Markets1.8yrsno datano data
3.3yrs
Average Tenure
62yo
Average Age

Experienced Management: MTB *'s management team is considered experienced (3.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Rene Jones
Chairman & CEO7.8yrsUS$10.27m0.066%
MX$ 366.5m
Kirk Walters
Independent Director3.5yrsUS$259.51k0.0014%
MX$ 7.5m
John Barnes
Independent Director3.5yrsUS$265.01k0.034%
MX$ 190.9m
Robert Sadler
Independent Director26.8yrsUS$313.01k0.046%
MX$ 259.5m
Gary Geisel
Non-Executive Vice Chairman & Lead Independent Director16.4yrsUS$285.31k0.011%
MX$ 58.9m
Herbert Washington
Independent Director29.8yrsUS$260.01k0.011%
MX$ 61.8m
Melinda Rich
Independent Director16.5yrsUS$258.76k0.014%
MX$ 79.3m
William Cruger
Independent Director3.5yrsUS$263.76k0.0053%
MX$ 29.8m
Denis Salamone
Independent Director9.9yrsUS$287.51k0.033%
MX$ 184.6m
Leslie J. Godridge
Independent Director4.9yrsUS$268.76k0.0023%
MX$ 12.9m
Rudina Seseri
Independent Director4.9yrsUS$248.26k0.0017%
MX$ 9.6m
Richard Ledgett
Independent Director8.2yrsUS$257.51k0.0028%
MX$ 15.8m
8.0yrs
Average Tenure
69yo
Average Age

Experienced Board: MTB *'s board of directors are considered experienced (8 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/10/04 21:01
End of Day Share Price 2025/09/05 00:00
Earnings2025/06/30
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

M&T Bank Corporation is covered by 50 analysts. 13 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Stephen BiggarArgus Research Company
David GeorgeBaird
Jason GoldbergBarclays