M&T Bank Corporation has elected Jerry Jacobs Jr., CEO of Delaware North, to its Board of Directors and the board of its principal banking subsidiary, effective June 16, 2026. Jacobs brings extensive leadership experience from Delaware North, a global hospitality company, and is known for his strong ties to Western New York and customer-focused approach. His appointment is expected to enhance M&T's board with operational expertise and community commitment. Jacobs expressed enthusiasm about contributing to M&T's growth and customer-centric strategy.
M&T Bank reported strong Q2 2026 results, surpassing earnings per share and revenue expectations despite challenging economic conditions. The bank maintained a solid net interest margin of 3.70% and expects net interest income between $7.2 billion an...
M&T Bank reported record earnings for Q2, driven by strong credit quality and expanding net interest margins, which improved to 3.7% due to the higher interest rate environment. Loan growth outpaced deposits, fueled by business lending and careful ca...
M&T Bank Corporation posted a net income of $818 million for Q2 2026, with diluted earnings per share of $5.32, marking a significant increase from prior quarters. The growth was supported by a $3 billion rise in average loan balances across commerci...
M&T Bank Corporation announced quarterly cash dividends for three series of its perpetual preferred stock. Dividends include $0.3515625 per share for Series H, $187.50 per share for Series J, and $158.75 per share for Series K. These dividends will b...
