In Annual Letter, M&T Bank Chairman and CEO René Jones Reflects on the Enduring Fundamentals that Sustain Long-Term Performance
M&T Bank (NYSE:MTB) Chairman and CEO René Jones has released his annual shareholder letter, highlighting the bank's strong financial performance in 2024 and its continued outperformance compared to peer banks. The letter emphasizes M&T's commitment to fundamental banking principles: managing liquidity, prudent capital allocation, and operational transparency.
Jones addresses the evolution of the banking industry, particularly noting how bank stress tests have contributed to the growth of private credit firms, potentially creating unintended systemic risks. He recommends that the Federal Reserve develop new tools to provide liquidity to markets beyond its current scope.
The letter concludes by acknowledging the bank's workforce, emphasizing their role in making M&T an attractive institution for both potential employees and customers, while highlighting the bank's continued investment in strategic initiatives for future growth.
Il Presidente e CEO di M&T Bank (NYSE:MTB), René Jones, ha pubblicato la sua lettera annuale agli azionisti, evidenziando le solide performance finanziarie del 2024 e il continuo superamento rispetto alle banche concorrenti. La lettera sottolinea l'impegno di M&T nei principi fondamentali della banca: gestione della liquidità, allocazione prudente del capitale e trasparenza operativa.
Jones affronta l'evoluzione dell'industria bancaria, notando in particolare come i test di stress bancari abbiano contribuito alla crescita delle società di credito privato, creando potenzialmente rischi sistemici indesiderati. Raccomanda alla Federal Reserve di sviluppare nuovi strumenti per fornire liquidità ai mercati oltre l'attuale ambito.
La lettera si conclude riconoscendo il personale della banca, sottolineando il loro ruolo nel rendere M&T un'istituzione attraente sia per i potenziali dipendenti che per i clienti, evidenziando nel contempo il continuo investimento della banca in iniziative strategiche per la crescita futura.
El Presidente y CEO de M&T Bank (NYSE:MTB), René Jones, ha publicado su carta anual a los accionistas, destacando el sólido rendimiento financiero en 2024 y su continuo desempeño superior en comparación con los bancos competidores. La carta enfatiza el compromiso de M&T con los principios fundamentales de la banca: gestión de la liquidez, asignación prudente de capital y transparencia operativa.
Jones aborda la evolución de la industria bancaria, señalando particularmente cómo las pruebas de estrés bancarias han contribuido al crecimiento de las empresas de crédito privado, creando potencialmente riesgos sistémicos no deseados. Recomienda que la Reserva Federal desarrolle nuevas herramientas para proporcionar liquidez a los mercados más allá de su alcance actual.
La carta concluye reconociendo a la fuerza laboral del banco, enfatizando su papel en hacer de M&T una institución atractiva tanto para posibles empleados como para clientes, mientras destaca la continua inversión del banco en iniciativas estratégicas para el crecimiento futuro.
M&T 뱅크(NYSE:MTB)의 회장 겸 CEO인 René Jones는 연례 주주 서한을 발표하며 2024년의 강력한 재무 성과와 동종 업계 은행들에 비해 지속적인 우수성을 강조했습니다. 이 서한은 M&T의 기본 은행 원칙에 대한 헌신을 강조합니다: 유동성 관리, 신중한 자본 배분, 운영 투명성.
Jones는 은행 산업의 진화를 다루며, 특히 은행 스트레스 테스트가 개인 신용 회사의 성장에 어떻게 기여했는지, 이는 잠재적으로 의도하지 않은 시스템적 위험을 초래할 수 있음을 지적합니다. 그는 연방준비제도(Federal Reserve)가 현재의 범위를 넘어 시장에 유동성을 제공할 수 있는 새로운 도구를 개발할 것을 권장합니다.
이 서한은 은행의 인력을 인정하며, M&T가 잠재적인 직원과 고객 모두에게 매력적인 기관이 되도록 하는 데 그들의 역할을 강조하고, 미래 성장을 위한 전략적 이니셔티브에 대한 은행의 지속적인 투자도 강조합니다.
Le Président et CEO de M&T Bank (NYSE:MTB), René Jones, a publié sa lettre annuelle aux actionnaires, soulignant la solide performance financière de 2024 et sa performance continue supérieure par rapport aux banques concurrentes. La lettre met en avant l'engagement de M&T envers les principes fondamentaux de la banque : gestion de la liquidité, allocation prudente du capital et transparence opérationnelle.
Jones aborde l'évolution de l'industrie bancaire, notant en particulier comment les tests de résistance bancaire ont contribué à la croissance des entreprises de crédit privé, créant potentiellement des risques systémiques non intentionnels. Il recommande à la Réserve fédérale de développer de nouveaux outils pour fournir de la liquidité aux marchés au-delà de son champ d'action actuel.
La lettre se termine en reconnaissant le personnel de la banque, soulignant leur rôle dans la transformation de M&T en une institution attrayante tant pour les employés potentiels que pour les clients, tout en mettant en avant l'investissement continu de la banque dans des initiatives stratégiques pour la croissance future.
Der Vorsitzende und CEO von M&T Bank (NYSE:MTB), René Jones, hat seinen jährlichen Aktionärsbrief veröffentlicht, in dem er die starke finanzielle Leistung im Jahr 2024 und die fortdauernde Überlegenheit im Vergleich zu Wettbewerbsbanken hervorhebt. Der Brief betont das Engagement von M&T für grundlegende Bankprinzipien: Liquiditätsmanagement, prudente Kapitalallokation und operationale Transparenz.
Jones spricht über die Entwicklung der Bankenbranche und merkt insbesondere an, wie Bank-Stresstests zum Wachstum von privaten Kreditunternehmen beigetragen haben, was potenziell unbeabsichtigte systemische Risiken schaffen könnte. Er empfiehlt der Federal Reserve, neue Instrumente zu entwickeln, um den Märkten über den aktuellen Rahmen hinaus Liquidität bereitzustellen.
Der Brief schließt mit der Anerkennung der Belegschaft der Bank und betont deren Rolle dabei, M&T zu einer attraktiven Institution für potenzielle Mitarbeiter und Kunden zu machen, während gleichzeitig die fortlaufenden Investitionen der Bank in strategische Initiativen für zukünftiges Wachstum hervorgehoben werden.
- Strong financial performance in 2024
- Outperformed peer banks
- Continued investment in strategic growth initiatives
- Identified systemic risks in private credit market growth
This year's letter:
- Highlights M&T's strong financial results in 2024, as it continues to outperform peer banks.
- Comments on M&T's commitment to the fundamentals that sustain it: managing liquidity, prudently allocating capital, and operating with transparency.
- Reflects on results that speak to both the strength of M&T's operating model and persistence of its approach, spotlighting the fact that the bank continues to invest in strategic initiatives to position the company for future growth.
- Illustrates how bank stress tests have enabled the growth of private credit firms creating unintended systemic risks and recommends that the Fed introduce new tools that provide liquidity to markets outside its current purview.
"We believe that successful banks constantly and relentlessly focus on managing liquidity, prudently allocating capital, and operating with transparency," Jones said. "Fundamentally, this is our business—a combination that allows us to grow, while delivering for our customers wherever and whenever they might need us. We are constantly seeking to improve our ability to execute these basic fundamentals. And while some may find them boring, we find them anything but."
Jones said, in an ever-changing environment, M&T continues to focus on fundamentals which are "both a compass and an anchor, guiding us and keeping us tethered in an industry that continues to evolve. But even as our industry takes on new forms, we know the banks, credit unions, insurance firms, and increasingly private credit providers are all pieces of one inseparable and interconnected whole."
Jones closes his letter with a note of heartfelt appreciation to his thousands of colleagues at M&T Bank. "Our people are our bank," he writes. "Our colleagues work together in ways big and small to make M&T a place where others want to join and where countless customers want to do business. Our future, we feel, is bright, for it is upon the shoulders of our incredible people that we will grow and serve new communities who want an M&T Bank—ready as ever to meet the needs of those customers with whom we have built strong, lasting relationships—hopeful as always to earn the privilege of serving more."
To read the full letter, visit M&T's Bank Investor Relations page.
About M&T Bank
M&T Bank Corporation is a financial holding company headquartered in
Equal Housing Lender. © 2025 M&T Bank. NMLS# 381076. Member FDIC. All rights reserved.
Media Contacts:
Frank Lentini
(929) 651-0447
flentini@mtb.com
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SOURCE M&T Bank Corporation
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