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)
CERT
Certification of approval for exchange listing
14 May 24
8-A12B
Registration of securities on exchange
13 May 24
8-K
Material Modifications to Rights of Security Holders
13 May 24
424B5
Prospectus supplement for primary offering
8 May 24
FWP
Free writing prospectus
7 May 24
424B5
Prospectus supplement for primary offering
6 May 24
8-K
Regulation FD Disclosure
3 May 24
10-Q
2024 Q1
Quarterly report
3 May 24
8-K
Submission of Matters to a Vote of Security Holders
18 Apr 24
8-K
Regulation FD Disclosure
15 Apr 24
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 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
Latest ownership filings
4
JOHN P BARNES
16 May 24
144
Notice of proposed sale of securities
14 May 24
4
KIRK W WALTERS
13 May 24
4
CHRISTOPHER E KAY
13 May 24
144
Notice of proposed sale of securities
10 May 24
144
Notice of proposed sale of securities
10 May 24
144
Notice of proposed sale of securities
9 May 24
4
KIRK W WALTERS
7 May 24
4
JOHN P BARNES
7 May 24
4
Doris P. Meister
7 May 24
Financial summary
Quarter (USD) | Mar 24 | Sep 23 | Jun 23 | Mar 23 | |
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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) | 1.70 bn | 1.70 bn | 1.70 bn | 1.70 bn | 1.70 bn | 1.70 bn |
Cash burn (monthly) | 24.62 mm | (no burn) | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 39.10 mm | n/a | n/a | n/a | n/a | n/a |
Cash remaining | 1.66 bn | n/a | n/a | n/a | n/a | n/a |
Runway (months of cash) | 67.3 | n/a | n/a | n/a | n/a | n/a |
Institutional ownership, Q4 2023
64.4% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 698 |
Opened positions | 112 |
Closed positions | 195 |
Increased positions | 218 |
Reduced positions | 259 |
13F shares | Current |
---|---|
Total value | 14.26 tn |
Total shares | 107.48 mm |
Total puts | 140.20 k |
Total calls | 125.40 k |
Total put/call ratio | 1.1 |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 19.44 mm | $2.66 tn |
Wellington Management | 13.34 mm | $1.83 tn |
STT State Street | 9.14 mm | $1.25 tn |
FMR | 7.41 mm | $1.02 tn |
JPM JPMorgan Chase & Co. | 7.00 mm | $959.25 bn |
IVZ Invesco | 4.85 mm | $665.08 bn |
Charles Schwab Investment Management | 3.59 mm | $491.91 bn |
MS Morgan Stanley | 3.27 mm | $447.91 bn |
Barrow Hanley Mewhinney & Strauss | 2.44 mm | $334.76 bn |
Massachusetts Financial Services | 1.73 mm | $237.27 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
14 May 24 | John P Barnes | Common Stock | Sell | Dispose S | No | No | 154.5032 | 43,426 | 6.71 mm | 35,480 |
14 May 24 | John P Barnes | Common Stock | Option exercise | Acquire M | No | No | 149.39 | 43,426 | 6.49 mm | 78,906 |
14 May 24 | John P Barnes | Option Common Stock | Option exercise | Dispose M | No | No | 149.39 | 43,426 | 6.49 mm | 0 |
10 May 24 | Christopher E Kay | Common Stock | Sell | Dispose S | No | No | 153.7806 | 1,821 | 280.03 k | 8,579 |
10 May 24 | Kirk W Walters | Common Stock | Sell | Dispose S | Yes | No | 153.2094 | 7,633 | 1.17 mm | 22,458 |
10 May 24 | Kirk W Walters | Common Stock | Sell | Dispose S | Yes | No | 153.2099 | 4,688 | 718.25 k | 0 |
10 May 24 | Kirk W Walters | Common Stock | Sell | Dispose S | No | No | 153.2091 | 2,650 | 406.00 k | 3,698 |
9 May 24 | Kirk W Walters | Common Stock | Sell | Dispose S | No | No | 152.39 | 7,767 | 1.18 mm | 6,348 |
9 May 24 | Kirk W Walters | Common Stock | Option exercise | Acquire M | No | No | 149.39 | 7,767 | 1.16 mm | 14,115 |
9 May 24 | Kirk W Walters | Option Common Stock | Option exercise | Dispose M | No | No | 149.39 | 7,767 | 1.16 mm | 0 |
Press releases
M&T Bank Expands Use of nCino with Adoption of Continuous Credit Monitoring Solution Powered by Rich Data Co's Explainable AI Platform
15 May 24
M&T's 2023 Sustainability Report Highlights Progress on Customer Solutions and Key Business Goals
30 Apr 24
M&T Bank Corporation to Participate in the Barclays Americas Select Franchise Conference
29 Apr 24