The large Buffalo, New York-based regional lender M&T Bank (NYSE: MTB) has had a chaotic last three years. When the pandemic first hit in 2020, the bank had to worry about its hotel loan portfolio based in New York City, which was one of the hardest-hit sectors in the hardest-hit regions early on in the pandemic. Then M&T took advantage of a more active deal environment and made its largest-ever acquisition, People's United.