secwatch.observer — SEC 8-K summary
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Issuer:     M&T BANK CORP (MTB)
CIK:        0000036270
Form:       8-K
Filed at:   2025-10-31T23:59:59+00:00
Accession:  0001193125-25-260717
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 3.03, 5.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

M&T Bank raises $450M via 18M depositary shares of 6.350% Series K Preferred Stock
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- Sold 18M depositary shares (each 1/400th interest) at $25/share; total liquidation preference $450M.
- Series K is perpetual, 6.350% non-cumulative dividend, senior to common stock.
- Dividends payable quarterly from Dec 15, 2025; redemption allowed on/after Dec 15, 2030 at $10,000/share.
- Offering completed Oct 31, 2025; underwriters led by RBC, BofA, Morgan Stanley, UBS, Wells Fargo.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/36270/000119312525260717/0001193125-25-260717-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/36270/000119312525260717/d940530d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-260717

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