M & T Bank Corp (MTB.xnys)

M & T Bank Corp (MTB.xnys)

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M & T Bank Corp (MTB.xnys) Profile

M & T Bank Corp (MTB.xnys) is a bank holding company headquartered in New York, America. M&T Bank operates 716 domestic offices across the U.S, including New York, New Jersey, Pennsylvania, Maryland, Delaware, West Virginia, Washington, D.C., the District of Columbia, Connecticut, George Town and Cayman Islands and a full-service commercial office in Ontario, Canada. The bank provides commercial and retail banking services, owns the Buffalo Savings Bank building, is a sponsor of M&T Bank Stadium and is the parent company of Wilmington Trust, offering global corporate and institutional services, private banking, investment management, and fiduciary services. M&T Bank had $143B (USD) in assets as of December 2020, a market capitalisation of $19.59 (USD) as of December 2021, and the stock (MTB.xnys) is listed on the New York Stock Exchange (NYSE). The M&T Bank has 1800 ATM’s across the country and is one of the largest commercial bank holding companies in the U.S, employing almost 16,840 people. In October 2021, M&T announced the merger with People’s United Bank in an all-stock transaction valued at $7.6B (USD), aiming to give a larger footprint in New England. The Bank plans to invest $43B (USD) in community-based projects over five years, including loans, investments, and other financial support to create greater economic opportunities for families and neighbourhoods with low income and people and communities of colour.

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Trading hours in US Eastern Time

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