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 Employees16,413

Key Executives

NameTitlePayExercisedYear Born
Mr. René F. Jones CPAChairman & CEO2.27MN/A1965
Mr. Kevin J. PearsonExec. VP & Director1.71MN/A1962
Mr. Richard S. GoldPres, COO & Director1.71MN/A1961
Mr. Darren J. KingExec. VP & CFO1.46M1.07M1970
Ms. Doris P. MeisterExec. VP of Wealth & Institutional Services1.36MN/A1956
Amounts are as of December 31, 2018 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 banking services. The company's Business Banking segment offers deposits, business loans and leases, and credit cards; and cash management, payroll, and letters of credit services to small businesses and professionals. Its Commercial Banking segment provides credit and banking services for middle-market and large commercial customers. The company's Commercial Real Estate segment offers multifamily residential and commercial real estate credit, and deposit services. Its Discretionary Portfolio segment provides deposits; securities, residential real estate loans, and other assets; and short and long term borrowed funds, as well as foreign exchange services. The company's Residential Mortgage Banking segment offers 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 finance loans, home equity loans and lines of credit, and credit cards; demand, savings; and time accounts; mutual funds and annuities; and other services. The company also provides trust and wealth management; fiduciary and custodial; investment management; and insurance agency services. It offers its services through banking offices, business banking centers, telephone and Internet banking, mobile banking, and automated teller machines. As of December 31, 2018, the company had 750 domestic banking offices in New York State, Maryland, New Jersey, Pennsylvania, Delaware, Connecticut, Virginia, and the District of Columbia; a full-service commercial banking office in Ontario, and Canada; and an office in George Town, 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 April 1, 2019 is 7. The pillar scores are Audit: 1; Board: 9; Shareholder Rights: 6; Compensation: 8.

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.