M&T Bank

M&T Bank Corporation
Company typePublic
Industry
FoundedAugust 29, 1856 (1856-08-29)
HeadquartersOne M&T Plaza
Buffalo, New York, U.S.
Key people
René F. Jones (chairman and CEO)
Kevin J. Pearson (vice chairman)
Daryl N. Bible (CFO)
Products
Revenue US$9.3 billion (2024)
2,611,123,000 United States dollar (2022) 
US$2.6 billion (2024)
Total assets US$208.1 billion (2024)
Total equity US$29.0 billion (2024)
Number of employees
21,873 (2024)
Subsidiaries
Websitewww.mtb.com
Footnotes / references

M&T Bank Corporation (Manufacturers and Traders Trust Company) is an American bank holding company headquartered in Buffalo, New York. It operates 950+ branches in 12 states and Washington D.C. across the Eastern United States, from Maine to Virginia. Until May 1998, the bank's holding company was named First Empire State Corporation.

M&T Bank has been profitable in every quarter since 1976. Other than Northern Trust, M&T was the only bank in the S&P 500 not to lower its dividend during the 2008 financial crisis.

The bank owns the Buffalo Savings Bank building in downtown Buffalo, Bridgeport Center in Bridgeport, Connecticut, and the M&T Tech Hub in the Seneca One Tower. It also sponsors M&T Bank Stadium, home of the Baltimore Ravens, as well as M&T Bank Auditorium and M&T Bank Atrium of the University at Buffalo. M&T Bank is the official bank of the Buffalo Bills in Western New York and of their home Highmark Stadium in Orchard Park. Wilmington Trust is a subsidiary of M&T Bank Corporation, offering global corporate and institutional services, private banking, investment management, and fiduciary services.