MTB - M&T Bank Corporation

NYSE - NYSE Delayed Price. Currency in USD

M&T Bank Corporation

One M&T Plaza
Buffalo, NY 14203
United States
716-635-4000
http://www.mtb.com

SectorFinancial Services
IndustryBanks - Regional - US
Full Time Employees16,798

Key Executives

NameTitlePayExercisedYear Born
Mr. René F. Jones CPAChairman & CEO1.96MN/A1965
Mr. Richard S. GoldPres, COO & DirectorN/AN/A1961
Mr. Darren J. KingExec. VP & CFO1.27M746.89k1970
Mr. Kevin J. PearsonExec. VP & Director2.54MN/A1962
Ms. Doris P. MeisterExec. VP of Wealth & Institutional Services1.3MN/A1956
Amounts are as of December 31, 2017 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.

Description

M&T Bank Corporation operates as the holding company for Manufacturers and Traders Trust Company; and Wilmington Trust, National Association that provide retail and commercial 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 credit services, which are secured by various multifamily residential and commercial real estates; and deposit services. Its Discretionary Portfolio segment provides securities, residential real estate loans, and other assets; short-term and long-term borrowed funds; brokered deposits; and the Cayman Islands branch deposits, as well as foreign exchange services. The company's Residential Mortgage Banking segment originates and services residential real estate loans for consumers 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 and recreational vehicle loans, home equity loans and lines of credit, and credit cards; investment products, including mutual funds and annuities; and other services. The company also provides trust and wealth management; fiduciary and custodial; investment management and advisory; and insurance agency services. It offers its services through banking offices, business banking centers, telephone and Internet banking, and automated teller machines. As of December 31, 2017, the company had 780 banking offices in the United States, a commercial banking office in Canada, and an office in the Cayman Islands. M&T Bank Corporation was founded in 1856 and is headquartered in Buffalo, New York.

Corporate Governance

M&T Bank Corporation’s ISS Governance QualityScore as of November 1, 2018 is 8. The pillar scores are Audit: 1; Board: 9; Shareholder Rights: 5; Compensation: 9.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.