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M&T Bank's (MTB) board of directors announces 10% hike in the company's quarterly common stock dividend, to be paid on Dec 31, to shareholders of record as of Dec 2, 2019.
BUFFALO, N.Y. , Nov. 19, 2019 /PRNewswire/ -- M&T Bank Corporation ("M&T") (NYSE: MTB) announced that it has declared a quarterly cash dividend of $1.10 per share on its common stock. This represents ...
The first month of federal fiscal year 2020 shows 36 SBA loans approved in Western New York worth a combined $5.6 million.
M&T; Bank and Amazon Web Services present the inaugural Level Up! conference for small business owners in Western New York.
Zacks Value Trader Highlights: Bank of America, PNC Financial, US Bancorp, Goldman Sachs and M&T Bank
Though lower interest rates and economic slowdown are expected to hurt banks' financials, strategic initiatives undertaken by them are likely to offer some support.
Christopher Kay’s career started in the Midwest but it has taken him to both coasts, then back to the middle of the country before leading him to Buffalo.
BUFFALO, N.Y. , Oct. 30, 2019 /PRNewswire/ -- Effective Thursday, October 31, 2019 , M&T Bank (NYSE: MTB) will decrease its prime lending rate from 5.00% to 4.75%. About M&T Bank M&T Bank Corporation ...
M&T Bank Corporation (NYSE:MTB) saw significant share price movement during recent months on the NYSE, rising to highs...
BUFFALO, N.Y. , Oct. 28, 2019 /PRNewswire/ -- M&T Bank Corporation (NYSE: MTB)("M&T") will participate in the BancAnalysts Association of Boston Conference being held in Boston , MA. Representatives ...
Community Bank System Inc. CFO Joseph Sutaris said the lender's latest acquisition is an effort to fill in gaps in New York state.
Top Lender in Baltimore, Buffalo, Delaware, Philadelphia, Syracuse and Washington D.C. BUFFALO, N.Y. , Oct. 23, 2019 /PRNewswire/ -- M&T Bank continues its leadership in small businesses lending, ranking ...
Crippled by the 35-day government shutdown and several other macro issues, the number of SBA 7(a) loans in eastern Pennsylvania decreased by 18% in the recently completed fiscal year, according to data released by the U.S. Small Business Administration. In the entire eastern Pennsylvania district — which encompasses 40 of the state’s 67 counties — the number of 7(a) loans declined to 1,285 from 1,568 in fiscal year 2018. The district also experienced declines in total loan dollar amount ($604 million to $449 million) and average loan size ($385,319 to $349,675) but the number of participating lenders increased slightly (109 to 114).
People's United's (PBCT) third-quarter 2019 earnings reflect top-line strength, partially offset by elevated expenses and contraction of margins.
Citizens Financial's (CFG) Q3 earnings reflect capital strength and higher fee income, partially offset by escalating expenses and provisions.
Bank analysts on Thursday were curious about one particular area of M&T Bank's third-quarter earnings report: expenses. M&T chief financial officer Darren King was prepared with answers: • The uptick in expenses was primarily driven by two factors: An increase in mortgage business including mortgage servicing revenues that simultaneously boosted expenses, including $5 million in additional compensation costs. Technology investments including salaries and benefits for new hires on top of ongoing costs to employ contractors and third-party vendors.
M&T Bank's (MTB) Q3 performance highlights higher provisions and expenses, partly muted by growth in revenues, aided by higher deposit balances.
BUFFALO, N.Y. , Oct. 17, 2019 /PRNewswire/ -- M&T Bank Corporation ("M&T") (NYSE: MTB) today reported its results of operations for the quarter ended September 30, 2019 . GAAP Results of Operations ...