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1 M&T Plaza Buffalo, NY 14203 NY Tel. 716-842-5445 Toll Free 800-724-2440 Fax 716-842-5839 |
Type: Public
On the web:
http://www.mandtbank.com
Employees:
13,365
Employee growth: (6.1%)
M&T Bank Corporation is making a splash in the mid-Atlantic region. It is the holding company of M&T Bank, which operates about 850 branches in the Mid-Atlantic and Northeast. M&T offers deposit, loan, trust, and investment services to more than two million individuals and small and midsized business customers. Subsidiaries offer securities brokerage, insurance, and other services. M&T Bank also manages a proprietary line of mutual funds, the MTB Funds. The company bought Wilmington Trust Corporation in 2011 for some $350 million. The deal not only grew M&T's banking operations, but should strengthen its wealth management and corporate client businesses as well.
Key numbers for fiscal year ending December, 2010:
Sales: $3,837.9M
One year growth: 1.7%
Net income: $736.2M
Income growth: 93.8%
Officers:
Chairman and CEO, M&T Bank Corporation and M&T Bank: Robert G. (Bob) Wilmers
President and Director, M&T Bank Corporation and M&T Bank: Mark J. Czarnecki
EVP and CFO, M&T Bank Corporation and M&T Bank: René F. Jones
Competitors:
HSBC USA
KeyCorp
PNC Financial
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