Darren J. King
On June 26, 2024, M&T Bank Corporation (the “Company”) announced that Darren J. King, Senior Executive Vice President, will separate from the Company effective August 10, 2024.
Highest-materiality recent filing
M&T Q1 net income $664M, EPS $4.13; NIM widens to 3.71%; repurchases $1.25B stock
Net income $664M ($4.13 diluted EPS) vs $759M ($4.67) in Q4 and $584M ($3.32) year ago.
M&T Bank authorizes $5.0B common stock repurchase program, replacing prior $4.0B plan
Board authorized repurchase of up to $5.0B of common stock, effective March 30, 2026.
M&T Bank Q4 net income $759M ($4.67 EPS); full-year EPS $17.00, up 16% YoY
Q4 net income $759M ($4.67 diluted EPS) vs $681M ($3.86) in Q4 2024, up 11% / 21%.
M&T Bank raises $450M via 18M depositary shares of 6.350% Series K Preferred Stock
Sold 18M depositary shares (each 1/400th interest) at $25/share; total liquidation preference $450M.
M&T Bank reports Q3 2025 net income of $792 million, diluted EPS of $4.82
Net income $792M, diluted EPS $4.82 vs. $4.24 in Q2 2025 and $4.02 in Q3 2024
M&T closes $750M offering of 5.400% subordinated notes due 2035
Issued $750M aggregate principal of 5.400% Fixed Rate Reset Subordinated Notes, Series B, due July 30, 2035.
MTB Q2 net income $716M, EPS $4.24; SCB cut to 2.7%, buybacks $1.1B
Net income $716M, diluted EPS $4.24, vs $584M ($3.32) in Q1 and $655M ($3.73) in Q2 2024.
M&T Bank Q1 2025 EPS $3.32, net interest margin expands to 3.66%; nonaccrual loans drop
Net income $584M, diluted EPS $3.32; net interest margin 3.66% vs 3.58% in Q4 2024.
M&T Bank announces $4.0B share repurchase program, replacing prior $3.0B program
Board authorized up to $4.0B in common stock repurchases; replaces July 2022 $3.0B authorization.
M&T Bank reports Q4 2024 net income of $681M, diluted EPS $3.86
Net income for Q4 2024 was $681 million, or $3.86 diluted EPS, down from $721 million in Q3 2024 but up from $482 million in Q4 2023.
M&T Bank closes $1.5B senior notes offering in two tranches
Issued $500M 4.833% Fixed/Floating Senior Notes due Jan 16, 2029.
M&T Bank Q3 net income $721M, EPS $4.02; CET1 ratio rises to 11.54%
Net income $721M ($4.02 diluted EPS) vs $655M ($3.73) in Q2 2024; net interest income $1.726B down 3% YoY.
M&T Bank Corporation reports Q2 2024 net income of $655M, diluted EPS $3.73
Net interest margin widened to 3.59% from 3.52% in Q1 2024, driven by higher investment securities yields.
M&T Bank Q1 net income $531M, EPS $3.02; provision for credit losses up to $200M
Net income $531M ($3.02 diluted EPS) vs $702M ($4.01) in Q1 2023; CET1 ratio improved to 11.07%.
On June 26, 2024, M&T Bank Corporation (the “Company”) announced that Darren J. King, Senior Executive Vice President, will separate from the Company effective August 10, 2024.
Max materiality 0.90 · Median 0.50 · Most common event other_material