M&T Bank US - MTB STOCK NEWS

M&T Bank Corporation (MTB) has declared a quarterly cash dividend of $0.3515625 per share on its Series H Preferred Stock. This dividend will be payable on December 15, 2022 to shareholders of record by the close of business on December 1, 2022. M&T Bank, headquartered in Buffalo, New York, is a financial holding company that offers banking products and services across the northeastern U.S., including states from Maine to Virginia and Washington, D.C.

M&T Bank Corporation (NYSE: MTB) will present at the BancAnalysts Association of Boston Conference on November 3, 2022, at 11:15 a.m. (ET). The conference is hosted at the Four Seasons Hotel in Boston, MA. A webcast of the presentation will be available at this link, which will include material and forward-looking information with cautionary statements. M&T is headquartered in Buffalo, New York, providing banking services across 12 eastern U.S. states.

M&T Bank is sponsoring the West Hartford Halloween Stroll on October 29, 2022, from 10:30 a.m. to 12:30 p.m., featuring free trick-or-treating and live entertainment by the band Sunny Train. The event, produced by the Moms & More Club, aims to bring the community together, with an estimated 5,000 attendees expected. M&T will also set up its Spotlight Shop to promote local businesses by distributing trick-or-treat bags and candy. This collaboration showcases M&T's commitment to community involvement and family-friendly activities.

M&T Bank Corporation (MTB) reported third quarter 2022 earnings of $3.53 per share, down 4% year-over-year. Net income rose 31% to $647 million from $495 million in Q3 2021, with a return on equity of 10.43%. The bank's net interest income surged 74% to $1.69 billion thanks to acquisitions and improved margins, while noninterest income declined slightly. The provision for credit losses was $115 million, a significant decrease from $302 million in Q2 2022. M&T also repurchased 3.28 million shares at an average cost of $182.79.

M&T Bank has been named the sixth largest Small Business Administration (SBA) lender in the U.S., maintaining a 14-year streak in the top 10. In the SBA's 2022 fiscal year, the bank issued 1,440 7(a) loans totaling $203.8 million. M&T led in several markets, including Baltimore and Buffalo, providing significant support to local small businesses. The bank's ongoing commitment to local entrepreneurs is evident through initiatives like the Multicultural Small Business Innovation Lab in Connecticut and various community-focused programs.

M&T Bank (NYSE: MTB) will raise its prime lending rate from 5.50% to 6.25%, effective September 22, 2022. This adjustment reflects ongoing economic conditions and aims to enhance the bank's financial performance. M&T Bank, headquartered in Buffalo, NY, operates across 12 states and provides various banking products and services, alongside trust-related services via Wilmington Trust-affiliated companies.

M&T Bank Corporation (MTB) announced plans to release its third quarter 2022 earnings results on October 19, 2022, before the market opens. Following the release, a conference call will be held at 11:00 a.m. (ET) to discuss the results. Domestic callers can join via a toll-free number, while international participants can use a designated line. A replay of the call will be available until October 26, 2022. The bank operates in 12 states, providing diverse banking services.

M&T Bank Corporation (NYSE: MTB) will participate in the Barclays Global Financial Services Conference on September 14, 2022, at 9:45 a.m. ET in New York City. Representatives will present to investors and analysts during the event held at the New York Hilton Midtown hotel. A live audio-webcast of the presentation will be available, along with presentation materials, at the company's investor relations website. M&T Bank, headquartered in Buffalo, New York, provides banking services across the eastern U.S. and offers trust-related services both domestically and internationally.

M&T Bank Corporation (NYSE:MTB) has declared a quarterly cash dividend of $1.20 per share on its common stock. This dividend is scheduled for payment on September 30, 2022, to shareholders who are on record as of the close of business on September 1, 2022. M&T, headquartered in Buffalo, New York, operates banking services across the northeastern U.S. from Maine to Virginia and offers trust-related services globally.