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M&T Bank Corporation (MTB)

-NYSE
116.27 Up 1.19(1.03%) 11:46AM EDT - Nasdaq Real Time Price
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M&T Bank Corporation
One M&T Plaza
Buffalo, NY 14203
United States - Map
Phone: 716-842-5445
Website: http://www.mtb.com

Details 
Index Membership:N/A
Sector:Financial
Industry:Regional - Northeast Banks
Full Time Employees:14,629

Business Summary 

M&T Bank Corporation operates as the bank holding company for M&T Bank that provides commercial and retail banking services. The company’s Business Banking segment offers deposit, lending, cash management, and other financial services to small businesses and professionals. Its Commercial Banking segment provides commercial lending and leasing, letters of credit, deposit products, and cash management services to middle-market and large commercial customers. The company’s Commercial Real Estate segment offers commercial real estate loans secured by various types of multifamily residential and commercial real estate properties, and deposit services. Its Discretionary Portfolio segment provides securities, residential mortgage loans, and other assets; short-term and long-term borrowed funds; brokered certificates of deposit and interest rate swap agreements; and Cayman Islands office deposits, as well as foreign exchange services. The company’s Residential Mortgage Banking segment originates and services residential mortgage loans and sells those loans in the secondary market; and purchases servicing rights to loans originated by other entities. Its Retail Banking segment offers demand, savings, and time accounts; consumer installment loans, automobile loans, home equity loans and lines of credit, and credit cards; mutual funds and annuities; and other services. The company also reinsures credit life, and accident and health insurance; and provides insurance agency services. M&T Bank Corporation offers its services through banking offices, business banking centers, telephone and Internet banking, and automated teller machines. As of December 31, 2013, it had 720 banking offices in New York, Pennsylvania, Maryland, Delaware, Virginia, West Virginia, and the District of Columbia; a commercial banking office in Ontario, Canada; and an office in George Town, the Cayman Islands. The company was founded in 1856 and is headquartered in Buffalo, New York.

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Corporate Governance 
M&T Bank Corporation’s ISS Governance QuickScore as of Oct 1, 2014 is 9. The pillar scores are Audit: 1; Board: 10; Shareholder Rights: 5; Compensation: 8.
Brought to you by Institutional Shareholder Services (ISS)

Key Executives 
 PayExercised
Mr. Robert G. Wilmers , 79
Chairman, Chief Exec. Officer, Chairman of Exec. Committee, Chairman of M&T Bank and Chief Exec. Officer of M&T Bank
1.54M0.00
Mr. Mark J. Czarnecki , 58
Pres, Chief Operating Officer, Director, Pres of M&T Bank, Chief Operating Officer of M&T Bank and Director of M&T Bank
1.48M0.00
Mr. Rene F. Jones CPA, 49
Chief Financial Officer, Exec. VP, Vice Chairman of M&T Bank, Chief Financial Officer of M & T Bank and Exec. VP of M & T Bank
1.02M598.00K
Mr. Kevin J. Pearson , 52
Exec. VP, Vice Chairman of M&T Bank and Exec. VP of The M&T Bank
1.00M448.00K
Mr. Michael P. Pinto , 58
Advisor of M&T Bank
1.71M1.63M
Amounts are as of Dec 31, 2013 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
Currency in USD.
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