M & T Bank
 |
|
| Public company | |
| Traded as | : MTB S&P 500 Component |
| Industry | Financial services |
| Founded | August 30, 1856 |
| Headquarters |
One M&T Plaza Buffalo, New York |
|
Key people
|
Robert G. Wilmers, Chairman and CEO Darren J. King, CFO |
| Products |
Retail banking Commercial bank Investment Banking Investment Management Private banking |
| Revenue |  US$3.485 billion (2016) |
| US$1.315 billion (2016) |
|
| Total assets | US$123.449 billion (2016) |
| Total equity | US$16.486 billion (2016) |
| Owner | Berkshire Hathaway (3.45%) |
|
Number of employees
|
16,973 (2016) |
| Subsidiaries | Wilmington Trust |
| Website | www.mtb.com |
M&T Bank Corporation is a bank holding company headquartered in Buffalo, New York. It operates more than 800 branches in New York, New Jersey, Pennsylvania, Maryland, Delaware, Virginia, West Virginia, Washington, D.C. and Connecticut.
M&T is ranked #510 on the Fortune 500 and is on the list of largest banks in the United States.
M&T Bank has been profitable every quarter since 1976. Along with Northern Trust, M&T was one of only two banks in the S&P 500 that didn't lower its dividend during the financial crisis of 2007–2008.
The bank owns the original Buffalo Savings Bank building in downtown Buffalo. M&T Bank also sponsors M&T Bank Stadium, home of the Baltimore Ravens. M&T Bank is the official bank of the Buffalo Bills in Western New York and of their home Stadium New Era Field in Orchard Park, New York
Wilmington Trust is a subsidiary of M&T Bank Corporation, offering global corporate and institutional services, private banking, investment management, and fiduciary services.
...
Wikipedia