M&T Bank

M&T Bank is a full-service financial institution that provides online banking, mortgage, loan and investment services for businesses and individuals. Read more

Rene F. Jones's photo - Chairman & CEO of M&T Bank

Chairman & CEO

Rene F. Jones

CEO Approval Rating

68/100

Founded:

1856

Status:

PublicIndependent CompanyNYSEMTB

M&T BANK TOP COMPETITORS OR ALTERNATIVES

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COMPANY

CEO

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EMPLOYEES

FUNDING

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U.S. Bank is M&T Bank's #1 competitor. U.S. Bank is a Public company that was founded in 1863 in Minneapolis, Minnesota. U.S. Bank is in the Banks industry. Compared to M&T Bank, U.S. Bank has 51,695 more employees.

Goldman Sachs is seen as one of M&T Bank's biggest rivals. Goldman Sachs was founded in New York, New York} in 1869. Goldman Sachs competes in the Banks field. Compared to M&T Bank, Goldman Sachs generates $47.6B more revenue.

Morgan Stanley is one of M&T Bank's top competitors. Morgan Stanley is headquartered in New York, New York, and was founded in 1935. Morgan Stanley is in the Banks field. Morgan Stanley generates 917% the revenue of M&T Bank.

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M&T Bank Quarterly and Annual Revenue

Trailing 12-Months Trend (TTM)

Annual Revenue

$5.9B

M&T Bank's revenue is the ranked lowest among it's top 10 competitors. The top 10 competitors average 18.3B. Over the last four quarters, M&T Bank's revenue has grown by 2.9%. Specifically, in Q1 2021's revenue was $1.5B; in Q4 2020, it was $1.5B; in Q3 2020, it was $1.5B; in Q2 2020, M&T Bank's revenue was $1.4B.

M&T Bank Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION
People's United Financial, Inc.

Feb 2021

Source »
$7B
People's United is a financial institution that provides personal and commercial banking products and services for individuals and businesses.
Wilmington Trust Corporation

May 2011

Source »
$351M
Wilmington Trust is a financial advisory firm that provides wealth and corporate advisory and institutional client services.

-

KCB Bank Group

Nov 2010

Source »
undisclosed
-

-

Bradford Bank

Aug 2009

Source »
undisclosed
-

-

Provident Bankshares

May 2009

Source »
undisclosed
-

These are all the companies that M&T Bank has acquired. M&T Bank has acquired 8 companies and its latest acquisition was People's United Financial, Inc. in Feb 2021. People's United is a financial institution that provides personal and commercial banking products and services for individuals and businesses.

M&T Bank Funding History

No recent funding data found related to M&T Bank

M&T Bank Investments

COMPANY

DESCRIPTION

AMOUNT

INVESTMENT DATE

ROUND

EXIT DATE

CCA Industries is a manufacturer and distributor of toothpaste, teeth whiteners, shave gels, skincare and related beauty products.
$5M
Jan 20, 2021
Debt
-
$504.9K
May 07, 2020
Debt - PPP (CARES Act)
-
MamaMancini's is a distributor of frozen and refrigerated products that include meatballs, loaf, chicken parmesan and sausages for restaurants.
$330K
Apr 20, 2020
Debt - PPP (CARES Act)
-
Sono Tek is a designer, manufacturer and supplier of ultrasonic coating systems used for applying thin film coatings.
$1M
Apr 16, 2020
Debt - PPP (CARES Act)
-
SparkCharge is a Massachusetts-based automotive company that develops and distributes charging stations, portable and modular chargers for electric vehicles.
$3.3M
Apr 13, 2020
Seed
-

These are all the companies that M&T Bank has invested in. M&T Bank has invested 8 companies and its latest investment was People's United Financial, Inc. in Feb 2021. People's United is a financial institution that provides personal and commercial banking products and services for individuals and businesses.

M&T Bank News

May 27, 2021Equipment Finance Advisor

M&T Bank, People's United Receive Shareholder Approval for Merger

M&T Bank Corporation and People's United Financial, Inc. jointly announced that, at their respective ... See more »
May 26, 2021The Business Journals: Albany Business Review

Mike Keegan promoted at M&T Bank

Mike Keegan will be reporting directly to M&T Bank's president and chief operating officer.... See more »
May 23, 2021Markets Insider

M&T Bank Customers Secure Nearly $10 Billion in Paycheck Protection Program Funding

BUFFALO, N.Y., May 24, 2021 /PRNewswire/ -- M&T Bank Corporation ('M&T') (NYSE: MTB), the nation's fi... See more »
May 5, 2021NY Business Daily

M&T Bank to Create 1,000 Jobs at Buffalo Tech Hub

BUFFALO - M&T Bank is building a collaborative workspace inside the Tech Hub at Seneca One, marking t... See more »
April 28, 2021The Business Journals: Buffalo Business First

Looking to high-tech future of work, M&T Bank drops curtain on $58 million Tech Hub

The first workers at the 330,000-square-foot facility are expected in May. Eventually, there will be ... See more »
April 20, 2021Post Online Media

M&T Bank Corporation Q1 net income $447 million

M&T Bank Corporation reported its results of operations for the quarter ended March 31, 2021. Diluted... See more »
April 19, 2021FinanzNachrichten

M&T Bank Corp. Bottom Line Climbs In Q1

WASHINGTON (dpa-AFX) - M&T Bank Corp. (MTB) announced earnings for its first quarter that advanced fr... See more »

M&T Bank Press Releases

November 17, 2020PR Newswire

M&T Bank Corporation Announces Fourth Quarter Common Stock Dividend

BUFFALO, N.Y., Nov. 17, 2020 /PRNewswire/ -- M&T Bank Corporation ("M&T") (NYSE: MTB) announced that ... See more »
October 7, 2020PR Newswire

American Banker Names M&T Bank's Michele Trolli to "Most Powerful Woman to Watch"

BUFFALO, N.Y., Oct. 7, 2020 /PRNewswire/ -- M&T Bank Executive Vice President and Chief Technology an... See more »
September 1, 2020PRWeb

Managing Through Challenging Times

A live series that helps business leaders thrive across industries in unprecedented times(PRWeb Septe... See more »
August 18, 2020PR Newswire

M&T Bank Corporation Announces Third Quarter Common Stock Dividend

BUFFALO, N.Y., Aug. 18, 2020 /PRNewswire/ -- M&T Bank Corporation ("M&T") (NYSE: MTB) announced that ... See more »
May 13, 2020PR Newswire

M&T Bank Customers Secure Nearly $7.0 Billion in Paycheck Protection Program Funding To-Date

BUFFALO, N.Y., May 13, 2020 /PRNewswire/ -- M&T Bank Corporation ("M&T") (NYSE: MTB) today announced ... See more »
March 27, 2020centralcharts

M&T Bank Corporation Announces First Quarter Earnings Conference Call

M&T Bank Corporation Announces First Quarter Earnings Conference Call PR Newswire BUFFALO, N.Y., Marc... See more »
September 18, 2019centralcharts

M&T Bank and University of Maryland Partner to Provide Financial Services and Education to the Campus Community

M&T Bank and University of Maryland Partner to Provide Financial Services and Education to the Campus... See more »

M&T Bank Videos

Social Media

M&T Bank Headquarters

1 Fountain Plz

Buffalo, New York14203

716-848-3303

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M&T Bank Summary

ABOUT

Overview

M&T Bank is a full-service financial institution that provides online banking, mortgage, loan and investment services for businesses and individuals. M&T Bank was founded in 1856. M&T Bank's headquarters is located in Buffalo, New York, USA 14203. M&...

CEO

M&T Bank's Chairman & CEO, Rene F. Jones, currently has an approval rating of 68%. M&T Bank's primary competitors are U.S. Bank, Goldman Sachs & Morgan Stanley.

Website

mtb.com

Frequently Asked Questions about M&T Bank

  1. When was M&T Bank founded?

    M&T Bank was founded in 1856
  2. Who is M&T Bank's CEO?

    M&T Bank's CEO is Rene F. Jones
  3. How much revenue does M&T Bank generate?

    M&T Bank generates $5.9B in revenue
  4. How much funding does M&T Bank have?

    M&T Bank has historically raised $0 in funding
  1. Where is M&T Bank's headquarters?

    M&T Bank's headquarters is in Buffalo New York, USA
  2. How many employees does M&T Bank have?

    M&T Bank has 16,413 employees
  3. Who are M&T Bank's competitors?

    M&T Bank's top competitors are U.S. Bank, Goldman Sachs, Morgan Stanley
  4. Who has M&T Bank invested in?

    M&T Bank's has invested in companies such as CCA Industries Inc, ShypDirect, MamaMancini's Holdings