M&T Bank Corporation (MTB)

121.71 -0.79 (-0.64%) At close: 04:00PM EDT

M&T Bank Corporation

One M&T Plaza
Buffalo, NY 14203
United States
716 635 4000
https://www3.mtb.com

Sector(s): Financial Services
Industry: Banks—Regional
Full Time Employees: 22,210

Key Executives

Name	Title	Pay	Exercised	Year Born
Mr. Rene F. Jones CPA	Chairman & CEO	3.52M	N/A	1965
Mr. Richard S. Gold	Pres & COO	2.71M	N/A	1961
Mr. Darren J. King	Sr. EVP & CFO	1.88M	N/A	1970
Mr. Kevin J. Pearson	Vice Chairman	2.33M	N/A	1962
Mr. Christopher E. Kay J.D.	Sr. Exec. VP of Consumer Banking, Bus. Banking & Marketing	1.79M	N/A	1965
Mr. Michael R. Spychala	Exec. VP, Controller & Principal Accounting Officer	N/A	N/A	N/A
Mr. Michael A. Wisler	Sr. VP & Chief Information Officer	N/A	N/A	N/A
Ms. Tracy S. Woodrow	Sr. EVP, Chief HR Officer & Chief Admin. Officer	N/A	N/A	1974
Mr. Brian Paul Klock	Sr. VP and Head of Markets & Investor Relations	N/A	N/A	N/A
Ms. Marianne E. Roche	Chief Regulatory Counsel & Enterprise Compliance Risk Mang.	N/A	N/A	N/A

Amounts are as of December 31, 2022 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

M&T Bank Corporation operates as a bank holding company for Manufacturers and Traders Trust Company and Wilmington Trust, National Association that offer retail and commercial banking products and services in the United States. The company's Business Banking segment offers deposit, lending, cash management, and other financial services to small businesses and professionals. Its Commercial Banking segment provides deposit products, commercial lending and leasing, letters of credit, and cash management services for middle-market and large commercial customers. The company's Commercial Real Estate segment originates, sells, and services commercial real estate loans; and offers deposit, and credit services. Its Discretionary Portfolio segment provides deposits, securities, residential real estate loans, and other assets; and short and long term borrowed funds, as well as foreign exchange services. The company's Residential Mortgage Banking segment offers residential real estate loans for consumers and sells those loans in the secondary market; and purchases servicing rights to loans, and sub-services residential real estate loans for others. Its Retail Banking segment offers demand, savings, and time accounts; consumer installment loans, automobile and recreational finance loans, home equity loans and lines of credit, and credit cards; mutual funds and annuities; and other services. The company also provides trust and wealth management; fiduciary and custodial; insurance agency; institutional brokerage and securities; and investment management and advisory services; financial management, and planning, leasing, and financing services. It offers its services through banking offices, business banking centers, telephone and internet banking, and automated teller machines. M&T Bank Corporation was founded in 1856 and is headquartered in Buffalo, New York.

Corporate Governance

M&T Bank Corporation’s ISS Governance QualityScore as of March 1, 2023 is 7. The pillar scores are Audit: 7; Board: 9; Shareholder Rights: 6; Compensation: 4.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.