M&T Bank

M&T Bank Corporation (Manufacturers and Traders Trust Company) is an American bank holding company headquartered in Buffalo, New York. It operates 1,000+ branches in 12 states across the Eastern United States, from Maine to Northern Virginia. Until May 1998, the bank's holding company was named First Empire State Corporation.

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)
Richard S. Gold
(President and COO)
Products
Revenue US$6.12 billion (2021)
2,611,123,000 United States dollar (2022) 
US$1.776 billion (2021)
Total assets US$155.12 billion (2021)
Total equity US$17.903 billion (2021)
Number of employees
17,569 (2021)
Subsidiaries
Websitewww.mtb.com
Footnotes / references

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 Index not to lower its dividend during the financial crisis of 2007–2008.

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 the University at Buffalo (M&T Bank Auditorium, M&T Bank Atrium). M&T Bank is the official bank of the Buffalo Bills in Western New York and of their home Bills Stadium 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.

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