M&T BANK CORP (MTDJL)

M&T Bank Corp. operates as a bank holding company, which engages in the provision of retail and commercial banking, trust, wealth management and investment services. It operates through the following segments: Business Banking, Commercial Banking, Commercial Real Estate, Discretionary Portfolio, Residential Mortgage Banking, and Retail Banking. The Business Banking segment provides services to small businesses and professionals through the company's branch network, business banking centers, and other delivery channels such as telephone banking, Internet banking and automated teller machines. The Commercial Banking segment offers credit products and banking services for middle-market and large commercial customers. The Commercial Real Estate segment includes credit and deposit services to its customers. The Discretionary Portfolio segment consists of investment and trading securities, residential mortgage loans and other assets, short-term and long-term borrowed funds, brokered certificates of deposit and interest rate swap agreements related thereto, and Cayman Islands branch deposits. The Residential Mortgage Banking segment consists of residential mortgage loans and sells substantially all of those loans in the secondary market to investors. The Retail Banking segment offers services to consumers through several delivery channels which include branch offices, automated teller machines, telephone banking, and Internet banking. The company was founded on August 30, 1856, and is headquartered in Buffalo, NY.

Address

C/O CORPORATE REPORTING
BUFFALO, NY 14203

Founded

1856

Number of Employees

21,980

Buyback

Buyback Data 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Average
$ Amount Purchased
($ in 000s )
$23,266 $22,177 $631,373 $779,204 $2,230,347 $1,356,685 $376,774 $358 $1,808,056 $601,792 $7,998 $712,548
Average Price $113.01 $115.03 $113.65 $163.03 $178.63 $163.49 $145.18 $132.87 $172.22 $156.28 $146.22 $161.54
# Shares Purchased 205,869 192,800 5,555,437 4,779,486 12,485,518 8,298,486 2,595,214 2,693 10,498,681 3,850,756 54,698 4,410,876
Buyback Performance 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Average
Total Return to Date 48.7% 46.1% 47.8% 3.0% -6.0% 2.8% 15.7% 26.4% -2.4% 7.5% 14.9% 4.0%
S&P 500 Return to Date 181.9% 173.0% 168.6% 129.7% 104.9% 93.1% 74.8% 31.7% 37.3% 31.3% 7.4% 94.0%
Excess Total Return -133.2% -126.9% -120.8% -126.7% -110.8% -90.3% -59.1% -5.2% -39.7% -23.8% 7.5% -90.0%
Quartile Rank
Percentile Rank 47% 47% 47% 39% 33% 36% 38% 66% 43% 46% 70% 45%
Buyback returns calculated using weighted average buyback price over the last 10 years and comparing to current day stock price value. S&P 500 used as benchmark for excess return.

Insider Transactions

Filters

Keyboard Shortcuts: Show (a) | Close (Esc)