Duyuru • Apr 23
M&T Bank Corporation Declares Second Quarter Common Stock Cash Dividend, Payable on June 30, 2026 M&T Bank Corporation announced that it has declared a quarterly cash dividend of $1.50 per share on its common stock. The dividend will be payable June 30, 2026, to shareholders of record at the close of business on June 1, 2026. Duyuru • Apr 17
M&T Bank Corporation Reports Net Charge Offs for the First Quarter Ended March 31, 2026 M&T Bank Corporation reported net charge offs for the first quarter ended March 31, 2026. For the quarter, the company reported net charge offs of $105 million against $114 million a year ago. Duyuru • Apr 03
M&T Bank Corporation Appoints Denise Viola Monahan as Regional President for Philadelphia M&T Bank Corporation has said that Denise Viola Monahan has been appointed as its new regional president for Philadelphia. Monahan has served as wealth market leader for Pennsylvania and Southern New Jersey since 2023. In her expanded role as regional president, Monahan will guide M&T's regional leaders including members of its retail banking, business banking, commercial banking, wealth management, government banking, healthcare and charitable teams. She will also work with M&T's other community bank regions in Pennsylvania and New Jersey. Monahan brings to this crucial role over 40 years of financial services experience, deep regional knowledge, leadership acumen and a passion for community engagement, reinforcing M&T's commitment to delivering exceptional service to its customers. Monahan will also lead the accomplished, cross-functional team to continue collaborating across the local footprint. An active member of the Greater Philadelphia community, she will continue to serve on several boards, including the executive committee of the Southern New Jersey Chamber of Commerce and Mission Kids. Duyuru • Mar 31
M&T Bank Corporation (NYSE:MTB) announces an Equity Buyback for $5,000 million worth of its shares. M&T Bank Corporation (NYSE:MTB) announces a share repurchase program. Under the program, the company will repurchase up to $5,000 million worth of its shares. Duyuru • Mar 20
M&T Bank Corporation to Report Q1, 2026 Results on Apr 15, 2026 M&T Bank Corporation announced that they will report Q1, 2026 results Pre-Market on Apr 15, 2026 Duyuru • Mar 11
M&T Bank Corporation, Annual General Meeting, Apr 21, 2026 M&T Bank Corporation, Annual General Meeting, Apr 21, 2026. Location: meetnow.global/mvlytf9., United States Recent Insider Transactions • Mar 05
Key Executive recently sold Mex$13m worth of stock On the 26th of February, Michael Wisler sold around 3k shares on-market at roughly Mex$3,849 per share. This transaction amounted to 43% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth Mex$86m. This was Michael's only on-market trade for the last 12 months. Reported Earnings • Feb 21
Full year 2025 earnings released: EPS: US$17.10 (vs US$14.71 in FY 2024) Full year 2025 results: EPS: US$17.10 (up from US$14.71 in FY 2024). Revenue: US$9.19b (up 6.0% from FY 2024). Net income: US$2.70b (up 10% from FY 2024). Profit margin: 29% (up from 28% in FY 2024). The increase in margin was driven by higher revenue. Net interest margin (NIM): 3.67% (up from 3.58% in FY 2024). Cost-to-income ratio: 56.0% (down from 56.9% in FY 2024). Non-performing loans: 0.90% (down from 1.25% in FY 2024). Revenue is forecast to grow 3.7% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Banks industry in South America. Duyuru • Feb 19
M&T Bank Corporation Announces First Quarter Common Stock Dividend, Payable on March 31, 2026 M&T Bank Corporation announced that it has declared a quarterly cash dividend of $1.50 per share on its common stock. The dividend will be payable March 31, 2026, to shareholders of record at the close of business on March 2, 2026. Duyuru • Feb 02
M&T Bank Corporation Appoints Jeff Carpenter as Regional President for Massachusetts M&T Bank Corporation on February 2, 2026 announced the appointment of Jeff Carpenter as its new Regional President of Massachusetts. Carpenter has served as Executive Vice President, Head of Specialty and Corporate Banking since 2023. In his expanded role as Regional President, he will guide M&T's regional leaders – including members of its retail banking, business banking, commercial banking, wealth management, government banking and charitable teams. Carpenter will also lead the strong, collaborative Boston-based team already at the core of the region's success. An active member of the Boston community, he will continue to serve on several boards, including the YMCA of Greater Boston, Just Living Communities and the Greater Boston Chamber of Commerce. With more than two decades of corporate and specialty banking experience, Carpenter brings deep regional knowledge, financial expertise and a strong record of leadership to this role, reinforcing M&T's commitment to delivering exceptional service to its customers. Prior to joining M&T Bank, Carpenter led several Capital Markets, Commercial Banking and Credit teams at People's United Bank, Banco Santander and Sovereign Bank. Jeff holds a B.S. in Finance from Bentley University. Recent Insider Transactions • Feb 02
Key Executive recently sold Mex$3.3m worth of stock On the 28th of January, Gary Geisel sold around 887 shares on-market at roughly Mex$3,720 per share. This transaction amounted to 5.1% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth Mex$69m. This was Gary's only on-market trade for the last 12 months. Recent Insider Transactions • Jan 25
Independent Director recently sold Mex$69m worth of stock On the 22nd of January, John Barnes sold around 18k shares on-market at roughly Mex$3,859 per share. This transaction amounted to 33% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of Mex$248m more than they bought in the last 12 months. Reported Earnings • Jan 20
Full year 2025 earnings released: EPS: US$17.10 (vs US$14.71 in FY 2024) Full year 2025 results: EPS: US$17.10 (up from US$14.71 in FY 2024). Revenue: US$9.19b (up 6.0% from FY 2024). Net income: US$2.70b (up 10% from FY 2024). Profit margin: 29% (up from 28% in FY 2024). The increase in margin was driven by higher revenue. Net interest margin (NIM): 3.67% (up from 3.58% in FY 2024). Cost-to-income ratio: 56.0% (down from 56.9% in FY 2024). Non-performing loans: 0.90% (down from 1.25% in FY 2024). Revenue is forecast to grow 3.7% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Banks industry in South America. Duyuru • Jan 16
M&T Bank Corporation Reports Net Charge Offs for the Fourth Quarter Ended December 31, 2025 M&T Bank Corporation reported net charge offs for the fourth quarter ended December 31, 2025. for the quarter, the company reported net charge offs of $185 million against $160 million a year ago. Duyuru • Dec 10
M&T Bank Corporation to Report Q4, 2025 Results on Jan 16, 2026 M&T Bank Corporation announced that they will report Q4, 2025 results Pre-Market on Jan 16, 2026 Duyuru • Nov 19
M&T Bank Corporation Announces Fourth Quarter Common Stock Dividend, Payable on December 31, 2025 M&T Bank Corporation announced that it has declared a quarterly cash dividend of $1.50 per share on its common stock. The dividend will be payable December 31, 2025, to shareholders of record at the close of business on December 1, 2025. Reported Earnings • Oct 29
Third quarter 2025 earnings released: EPS: US$4.85 (vs US$4.04 in 3Q 2024) Third quarter 2025 results: EPS: US$4.85 (up from US$4.04 in 3Q 2024). Revenue: US$2.39b (up 8.0% from 3Q 2024). Net income: US$754.0m (up 12% from 3Q 2024). Profit margin: 32% (up from 31% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Banks industry in South America. Reported Earnings • Oct 17
Third quarter 2025 earnings released: EPS: US$4.85 (vs US$4.04 in 3Q 2024) Third quarter 2025 results: EPS: US$4.85 (up from US$4.04 in 3Q 2024). Revenue: US$2.39b (up 8.0% from 3Q 2024). Net income: US$754.0m (up 12% from 3Q 2024). Profit margin: 32% (up from 31% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.0% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Banks industry in South America. Duyuru • Sep 18
M&T Bank Corporation to Report Q3, 2025 Results on Oct 16, 2025 M&T Bank Corporation announced that they will report Q3, 2025 results Pre-Market on Oct 16, 2025 Duyuru • Sep 12
The Law Office of Julie Low Secures Meaningful Settlement in Consumer Protection Case The Law Office of Julie Low announced a successful resolution in the case, "Estate of the Late Leroy V. Nelson v. M&T Bank," filed in Salem District Court, Essex County, Massachusetts. The case involved violations of the Consumer Protection Act, M.G.L. c.93A. The settlement underscores the importance of honoring Durable Powers of Attorney (DPOA) and protecting the rights of elders and disabled individuals. The settlement reimbursed the estate for all probate-related expenses. While the specific terms remain confidential, the resolution highlights the obligation of financial institutions to honor legally binding documents and respect the rights of all individuals, regardless of their circumstances. Recent Insider Transactions • Aug 28
Independent Director recently sold Mex$56m worth of stock On the 22nd of August, John Barnes sold around 15k shares on-market at roughly Mex$3,714 per share. This transaction amounted to 22% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of Mex$598m more than they bought in the last 12 months. Duyuru • Aug 20
M&T Bank Corporation Declares Quarterly Cash Dividend, Payable on September 30, 2025 M&T Bank Corporation announced that it has declared a quarterly cash dividend of $1.50 per share on its common stock. This represents an increase of $.15 per share, or 11%, from the previous $1.35 per share dividend paid in the second quarter of 2025. The dividend will be payable September 30, 2025, to shareholders of record at the close of business on September 2, 2025. Recent Insider Transactions • Aug 19
Insider recently sold Mex$39m worth of stock On the 14th of August, Kevin Pearson sold around 11k shares on-market at roughly Mex$3,640 per share. This transaction amounted to 20% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of Mex$543m more than they bought in the last 12 months. Recent Insider Transactions • Jul 24
Independent Director recently sold Mex$4.7m worth of stock On the 21st of July, Richard Ledgett sold around 1k shares on-market at roughly Mex$3,680 per share. This transaction amounted to 22% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth Mex$23m. Insiders have been net sellers, collectively disposing of Mex$552m more than they bought in the last 12 months. Duyuru • Jul 17
M&T Bank Corporation Announces Executive Changes M&T Bank has announced the appointment of Tracy S. Woodrow to serve as Regional President for Western New York, the company's home and headquarters for nearly 170 years. Woodrow will remain M&T Bank's Chief Administrative Officer, adding new regional leadership responsibilities to her current work overseeing human resources, corporate services, sustainability, fraud customer experience and the Buffalo Promise Neighborhood initiative. In her now expanded role as Western New York Regional President, Woodrow will guide M&T's community bank leadership team – including members of its retail banking, business banking, commercial banking, wealth management, government banking and charitable teams – in their work to serve customers, strengthen communities and support employees across an eight-county region. Woodrow joined M&T Bank in 2013 to oversee its enterprise-wide anti-money laundering program. As she immersed herself in the bank's operations and structure, she rose to become Chief Human Resources Officer in 2020. In addition to leading efforts to adapt to new workplace needs during the pandemic, Woodrow focused on staffing, recruiting, leadership development and employee relations for M&T's more than 22,000 employees across the Northeastern U.S. In 2023, Woodrow was appointed Chief Administrative Officer, a role she will continue to hold while serving as Western New York Regional President. Woodrow is a member of M&T Bank's Executive Leadership Team. In the community, Woodrow serves on the Buffalo Philharmonic Orchestra Board of Trustees. She is also Vice President of the Buffalo Prep Board of Directors, Chair of the Westminster Foundation Board of Directors and a 2019 graduate of Leadership Buffalo. Through her personal commitment to mentorship, Woodrow is steadfastly dedicated to improving the lives of others. Woodrow will succeed Eric Feldstein who has served as Western New York Regional President since 2022. Feldstein will be taking on an expanded role for M&T, leading the bank's combined retail and business banking teams. Reported Earnings • Jul 17
Second quarter 2025 earnings released: EPS: US$4.26 (vs US$3.75 in 2Q 2024) Second quarter 2025 results: EPS: US$4.26 (up from US$3.75 in 2Q 2024). Revenue: US$2.27b (up 5.5% from 2Q 2024). Net income: US$679.0m (up 8.5% from 2Q 2024). Profit margin: 30% (in line with 2Q 2024). Revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Banks industry in South America. Duyuru • Jul 16
M&T Bank Corporation Reports Net Charge Offs for the Second Quarter Ended June 30, 2025 M&T Bank Corporation reported net charge offs for the second quarter ended June 30, 2025. For the quarter, the company reported net charge-offs of $108 million compared to $137 million a year ago. Duyuru • Jun 18
M&T Bank Corporation to Report Q2, 2025 Results on Jul 16, 2025 M&T Bank Corporation announced that they will report Q2, 2025 results Pre-Market on Jul 16, 2025 Duyuru • May 21
M&T Bank Corporation Declares Cash Dividend for Second Quarter, Payable on June 30, 2025 M&T Bank Corporation announced that it has declared a quarterly cash dividend of $1.35 per share on its common stock. The dividend will be payable June 30, 2025, to shareholders of record at the close of business on June 2, 2025. Reported Earnings • Apr 15
First quarter 2025 earnings released: EPS: US$3.53 (vs US$3.03 in 1Q 2024) First quarter 2025 results: EPS: US$3.53 (up from US$3.03 in 1Q 2024). Revenue: US$2.18b (up 5.6% from 1Q 2024). Net income: US$584.0m (up 16% from 1Q 2024). Profit margin: 27% (up from 25% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Banks industry in South America. Duyuru • Apr 15
M&T Bank Corporation Reports Net Charge Offs for the First Quarter Ended March 31, 2025 M&T Bank Corporation reported net charge offs for the first quarter ended March 31, 2025. for the quarter, the company reported net charge offs of $114 million against $138 million a year ago. Recent Insider Transactions • Mar 15
Head of Enterprise Platforms recently sold Mex$6.0m worth of stock On the 12th of March, Christopher Kay sold around 2k shares on-market at roughly Mex$3,479 per share. This transaction amounted to 14% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of Mex$586m more than they bought in the last 12 months. Duyuru • Mar 14
M&T Bank Corporation to Report Q1, 2025 Results on Apr 14, 2025 M&T Bank Corporation announced that they will report Q1, 2025 results at 9:30 AM, US Eastern Standard Time on Apr 14, 2025 Duyuru • Mar 05
M&T Bank Corporation, Annual General Meeting, Apr 15, 2025 M&T Bank Corporation, Annual General Meeting, Apr 15, 2025. Duyuru • Mar 04
M&T Bank Corporation Appoints Carmen Magistro as Northern Pennsylvania Regional President M&T Bank Corporation has appointed Carmen Magistro as Northern Pennsylvania Regional President. Previously serving as M&T's Commercial Senior Group Manager for Northern Pennsylvania Commercial & Industrial, Magistro has assumed additional responsibilities to help strengthen M&T's presence in the community and enhance service to customers throughout the region.in this expanded role, Magistro will partner closely with the Community Bank leadership team for Northern Pennsylvania while continuing to oversee M&T's commercial banking operations in the region. Magistro succeeds Phil Johnson, who announced his planned retirement at the end of 2024. Magistro joined M&T Bank in 2009 and has more than 22 years of experience in the financial services industry, with expertise spanning commercial banking, business banking, and government banking. Throughout his tenure, he has been actively engaged in the community and involved with organizations such as the Greater Wilkes Barre Chamber of Commerce, Junior Achievement of NEPA, United Way of Wyoming Valley, Unico National Wilkes-Barre Chapter, Allied Services Greater Autism Classic, and Fine Arts Fiesta. M&T Bank has a strong presence in Northern Pennsylvania, with a network of 34 branches and over 45 ATMs serving the region from Centre County to Wayne County, inclusive of Pottsville, Scranton, State College, Stroudsburg, Wilkes Barre, Williamsport, and the surrounding areas. Its local engagement model ensures that decisions about community activities, grants, and lending are made locally, enabling a more personalized approach to banking. Reported Earnings • Feb 22
Full year 2024 earnings released: EPS: US$14.71 (vs US$15.85 in FY 2023) Full year 2024 results: EPS: US$14.71 (down from US$15.85 in FY 2023). Revenue: US$8.67b (down 3.7% from FY 2023). Net income: US$2.45b (down 7.1% from FY 2023). Profit margin: 28% (down from 29% in FY 2023). The decrease in margin was driven by lower revenue. Net interest margin (NIM): 3.58% (down from 3.83% in FY 2023). Cost-to-income ratio: 56.9% (up from 54.9% in FY 2023). Non-performing loans: 1.25% (down from 1.62% in FY 2023). Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Banks industry in South America. Duyuru • Feb 20
M&T Bank Corporation Declares Quarterly Cash Dividend, Payable on March 31, 2025 M&T Bank Corporation announced that it has declared a quarterly cash dividend of $1.35 per share on its common stock. The dividend will be payable March 31, 2025, to shareholders of record at the close of business on March 3, 2025. Duyuru • Jan 28
M&T Bank Announces Executive Changes M&T Bank announced the appointment of Neeraj Singh as the bank's next Chief Risk Officer (CRO) effective January 31, 2025. Singh will succeed M&T's current CRO, Mike Todaro, whose long-planned retirement was recently announced. Singh joins M&T Bank from USAA, where he served as the Chief Risk Officer and a member of the executive council responsible for overseeing all financial and non-financial risks and compliance. Singh brings over 20 years of risk management and financial services industry experience along with a proven track record in managing complex risk environments. In his new role, he will be responsible for overseeing M&T Bank's risk management strategies and ensuring the bank's continued commitment to risk governance. Prior to his work at USAA, Singh held risk management leadership roles at Citigroup, TD Bank, and Barclays. Singh received his undergraduate degree from Birla Institute of Technology and an MBA from the University of Maryland. Singh will become a member of M&T's Executive Leadership Team, reporting to René Jones, CEO & Chairman, and Bob Sadler, Chairman of the Board of Directors Risk Committee. Singh will relocate to Buffalo, New York from San Antonio, Texas. Mike Todaro has been a pivotal figure in M&T's growth and success during his nearly 30-year career at the bank. Since assuming the role of Chief Risk Officer in 2021, he has significantly enhanced and scaled M&T's risk management capabilities as well as developed talent within the division. During his tenure with the bank, Todaro has also led the Mortgage and Consumer Lending businesses and served as the first head of Enterprise Transformation. Duyuru • Jan 23
M&T Bank Corporation (NYSE:MTB) announces an Equity Buyback for $4,000 million worth of its shares. M&T Bank Corporation (NYSE:MTB) announces a share repurchase program. Under the program, the company will repurchase up to $4,000 million worth of its shares. Reported Earnings • Jan 16
Full year 2024 earnings released: EPS: US$15.58 (vs US$15.85 in FY 2023) Full year 2024 results: EPS: US$15.58 (down from US$15.85 in FY 2023). Revenue: US$8.67b (down 3.7% from FY 2023). Net income: US$2.59b (down 1.8% from FY 2023). Profit margin: 30% (in line with FY 2023). Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Banks industry in South America. Duyuru • Jan 06
M&T Bank Appoints Krista Phillips as Chief Customer Officer M&T Bank Corporation announced the appointment of Krista Phillips as its first Chief Customer Officer. In this newly created role, Phillips will lead and unify M&T's customer experience, marketing, and analytics teams, enhancing the bank's ability to offer outstanding experiences in a rapidly evolving industry. Leveraging data and unique insights, she and her team will address a comprehensive range of customer needs and ensure consistent brand delivery across M&T's footprint. Phillips brings more than 25 years of experience in the financial services industry. Most recently, she served as Executive Vice President leading consumer credit cards and enterprise marketing at Wells Fargo. Prior to that, she was Managing Director at Citi, where she held various senior roles, including Head of Brand Management, Advertising, and Insights for the Global Consumer Bank, Head of Citi Cards Products, and Product Director of Co-brands and Loyalty. Phillips reports to Chris Kay and is based in Wilmington, DE. She is also a member of M&T Bank's Executive Leadership Team. Duyuru • Dec 19
M&T Bank Corporation to Report Q4, 2024 Results on Jan 16, 2025 M&T Bank Corporation announced that they will report Q4, 2024 results Pre-Market on Jan 16, 2025 Duyuru • Dec 10
MT Bank Announces President Changes MT Bank announced the appointment of Shannon Lazare as its New Jersey Regional President. Shannon will lead the bank's local growth and community engagement initiatives throughout New Jersey. She succeeds Tom Comiskey who, after serving as MT's New Jersey Regional President for nine years, was elevated last year to Area Executive in its Commercial Bank. In her new role, Shannon will lead MT's team in the Garden State, ensuring that the bank continues to serve its communities and customers. She will oversee all aspects of the bank's involvement in community engagement, economic development, and charitable initiatives for MT in New Jersey along with her current duties as Business Banking Regional Manager. Shannon joined MT in 2013 as a Senior Relationship Manager with Business Banking and has held the role of Regional Manager since 2019. She brings over 20 years of experience in the financial services industry, having previously worked with J.P. Morgan Chase, Wachovia, and Valley National Bank. Recent Insider Transactions • Dec 08
Key Executive recently sold Mex$11m worth of stock On the 3rd of December, Gary Geisel sold around 2k shares on-market at roughly Mex$4,388 per share. This transaction amounted to 14% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth Mex$90m. Gary has been a net seller over the last 12 months, reducing personal holdings by Mex$14m. Recent Insider Transactions • Nov 27
Independent Director recently sold Mex$89m worth of stock On the 21st of November, John Barnes sold around 20k shares on-market at roughly Mex$4,431 per share. This transaction amounted to 23% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth Mex$90m. Insiders have been net sellers, collectively disposing of Mex$547m more than they bought in the last 12 months. Upcoming Dividend • Nov 25
Upcoming dividend of US$1.35 per share Eligible shareholders must have bought the stock before 02 December 2024. Payment date: 31 December 2024. Payout ratio is a comfortable 39% and this is well supported by cash flows. Trailing yield: 2.4%. Lower than top quartile of Mexican dividend payers (7.1%). Lower than average of industry peers (5.3%). Duyuru • Nov 20
M&T Bank Corporation Announces Fourth Quarter Common Stock Dividend, Payable on December 31, 2024 M&T Bank Corporation announced that it has declared a quarterly cash dividend of $1.35 per share on its common stock. The dividend will be payable December 31, 2024, to shareholders of record at the close of business on December 2, 2024. Valuation Update With 7 Day Price Move • Oct 30
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to Mex$4,014, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 7x in the Banks industry in South America. Simply Wall St's valuation model estimates the intrinsic value at Mex$1,984 per share. Recent Insider Transactions • Oct 26
Independent Director recently sold Mex$77m worth of stock On the 22nd of October, John Barnes sold around 20k shares on-market at roughly Mex$3,859 per share. This transaction amounted to 19% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of Mex$258m more than they bought in the last 12 months. Reported Earnings • Oct 17
Third quarter 2024 earnings released: EPS: US$4.04 (vs US$4.00 in 3Q 2023) Third quarter 2024 results: EPS: US$4.04 (up from US$4.00 in 3Q 2023). Revenue: US$2.21b (up 1.2% from 3Q 2023). Net income: US$674.0m (up 1.5% from 3Q 2023). Profit margin: 31% (in line with 3Q 2023). Revenue is forecast to grow 4.9% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Banks industry in South America. Duyuru • Oct 17
M&T Bank Corporation Announces Net Charge-Offs for the Third Quarter Ended September 30, 2024 M&T Bank Corporation announced Net charge-offs for the third quarter ended September 30, 2024. For the quarter, the company reported Net charge-offs of $120 Million. Duyuru • Sep 17
M&T Bank Corporation to Report Q3, 2024 Results on Oct 17, 2024 M&T Bank Corporation announced that they will report Q3, 2024 results Pre-Market on Oct 17, 2024 Recent Insider Transactions • Sep 08
Independent Director recently sold Mex$34m worth of stock On the 3rd of September, Denis Salamone sold around 10k shares on-market at roughly Mex$3,410 per share. This transaction amounted to 13% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of Mex$171m more than they bought in the last 12 months. Duyuru • Aug 21
M&T Bank Corporation Announces Third Quarter Common Stock Dividend, Payable on September 30, 2024 M&T Bank Corporation announced that it has declared a quarterly cash dividend of $1.35 per share on its common stock. The dividend will be payable September 30, 2024, to shareholders of record at the close of business on September 3, 2024. Recent Insider Transactions • Aug 14
Insider recently sold Mex$19m worth of stock On the 9th of August, Kevin Pearson sold around 6k shares on-market at roughly Mex$3,057 per share. This transaction amounted to 9.9% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth Mex$24m. Insiders have been net sellers, collectively disposing of Mex$136m more than they bought in the last 12 months. Duyuru • Aug 13
M&T Bank Names Lopa Kolluri as Head of Affordable Housing Lending M&T Bank announced that it has appointed Lopa Kolluri as Head of Affordable Housing Lending. In this new role, Kolluri is responsible for the development, oversight, and day-to-day management of the Affordable Housing vertical within M&T's Commercial Bank. Kolluri will execute M&T's affordable housing business strategy and establish operational processes and governance structures to ensure the efficient delivery of first-rate customer service to its affordable housing clients. In addition, she will continue to strengthen the M&T's existing affordable housing relationships while establishing new regional and national customers to generate additional business opportunities. Previously, Kolluri was Senior Vice President within M&T's Commercial Real Estate (CRE) Innovation Office, where she led strategy for the bank's CRE transformation initiatives. Kolluri brings over 25 years of experience in affordable housing and community and economic development and has extensive knowledge and experience in executive-level management of housing finance policy, operations, and transactions. Before joining M&T, Kolluri was with the U.S. Department of Housing and Urban Development (HUD) where she served as the head of the Federal Housing Administration (FHA) overseeing $1.2 trillion in insured mortgages and leading 2,800 employees. She also oversaw HUD's Office of Housing which includes the Offices of Manufactured Housing, Multifamily Housing, and Housing Counseling. Recent Insider Transactions • Jul 26
Independent Director recently sold Mex$3.1m worth of stock On the 23rd of July, Robert Sadler sold around 1k shares on-market at roughly Mex$3,111 per share. This transaction amounted to 1.2% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth Mex$38m. Insiders have been net sellers, collectively disposing of Mex$84m more than they bought in the last 12 months. Reported Earnings • Jul 19
Second quarter 2024 earnings released: EPS: US$3.75 (vs US$5.07 in 2Q 2023) Second quarter 2024 results: EPS: US$3.75 (down from US$5.07 in 2Q 2023). Revenue: US$2.15b (down 12% from 2Q 2023). Net income: US$626.0m (down 26% from 2Q 2023). Profit margin: 29% (down from 34% in 2Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Banks industry in South America. Duyuru • Jul 18
M&T Bank Corporation Reports Net Charge Offs for the Second Quarter Ended June 30, 2024 M&T Bank Corporation reported net charge offs for the second quarter ended June 30, 2024. for the quarter, the company reported net charge-offs of $137 million in as compared to $127 million in the year-earlier quarter. Duyuru • Jun 21
M&T Bank Corporation to Report Q2, 2024 Results on Jul 18, 2024 M&T Bank Corporation announced that they will report Q2, 2024 results Pre-Market on Jul 18, 2024