---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-137273"
form_type: "8-K"
ticker: "MTB"
cik: "0000036270"
company_name: "M&T BANK CORP"
filed_at: "2024-05-13T23:59:59+00:00"
generated_at: "2026-06-02T02:53:57.282241+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# M&T Bank issues 30M depositary shares of 7.500% Series J Preferred Stock

## Summary
- Offering of 30M depositary shares, each representing 1/400th interest in Series J Preferred Stock, completed May 13, 2024.
- Series J carries 7.500% non-cumulative dividend, $25 per depositary share liquidation preference ($10,000 per preferred share).
- Dividends payable quarterly starting Sept 15, 2024; stock perpetual, redeemable on or after June 15, 2029.
- Underwriting syndicate includes Morgan Stanley, BofA, J.P. Morgan, RBC, UBS, and Wells Fargo.

## SEC filing metadata
- accession: 0001193125-24-137273
- form_type: 8-K
- ticker: MTB
- cik: 0000036270
- company_name: M&T BANK CORP
- filed_at: 2024-05-13T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 3.03, 5.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/36270/000119312524137273/0001193125-24-137273-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/36270/000119312524137273/d800336d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-137273
- JSON: https://secwatch.observer/filing/0001193125-24-137273.json
- Plain text: https://secwatch.observer/filing/0001193125-24-137273.txt

## Key facts
- Governance Changes
  M&T BANK CORP: Certificate of Amendment filed to establish rights, preferences, and limitations of new Series J Preferred Stock (effective 2024-05-09).
  - Change: charter amendment
  - Effective: 2024-05-09
  source text: On May 9, 2024, M&T filed with the New York State Department of State the Certificate of Amendment for the purpose of fixing the designations, preferences, limitations and relative rights of the Series J Preferred Stock.
  evidence_url: https://www.sec.gov/Archives/edgar/data/36270/000119312524137273/0001193125-24-137273-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.