MTBNYSEState Commercial BanksFiscal year ends December 31Also trades as MTB.PH, MTB.PJ, MTB.PK, MTB.PL
M&T BANK CORP
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 4, 2026
$213.74−1.54 (-0.72%)
Close on Oct 19, 2026
- Market cap
- $31.37B
- P/E (TTM)
- 11.3
- Dividend yield
- 2.67%
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
132M
Shares held, 13F filers
Institutional holders
1,159
133 new, 74 sold out
Net institutional buying
-0M
In Q2 2026
Insider trades, 12 months
0 buys · 21 sales
Net sold $26.38M
Shares held by institutions
Holders of more than 5%
Latest Schedule 13D (active) or 13G (passive) filed by each holder
| Holder | Shares | % of class | Filing | As of |
|---|---|---|---|---|
| Wellington Group Holdings LLP | 9,894,065 | 6.00% | 13G (passive) | Mar 31, 2025 |
| Abigail P. Johnson | 13,300,902 | 8.70% | 13G (passive) amendment | Dec 31, 2025 |
| BlackRock, Inc. | 13,109,596 | 7.90% | 13G (passive) amendment | Dec 31, 2023 |
| FMR LLC | 11,986,746 | 7.30% | 13G (passive) amendment | Mar 31, 2025 |
| Vanguard Capital Management | 11,332,373 | 7.60% | 13G (passive) | Mar 31, 2026 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of MTB | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| BlackRock, Inc. | 12,846,003 | – | $3.06B | −155,545 | 0.05% |
| FMR LLC | 12,417,262 | – | $2.96B | −754,074 | 0.13% |
| Wellington Management Group Llp | 9,801,881 | – | $2.33B | −150,431 | 0.40% |
| Vanguard Capital Management LLC | 9,566,754 | – | $2.28B | −211,907 | 0.05% |
| State Street Corp | 7,112,644 | – | $1.69B | −39,313 | 0.05% |
| Vanguard Portfolio Management LLC | 7,080,537 | – | $1.69B | −408,000 | 0.08% |
| Geode Capital Management, LLC | 4,348,008 | – | $1.03B | −68,137 | 0.05% |
| State Farm Mutual Automobile Insurance Co | 4,122,590 | – | $981.22M | – | 0.67% |
| JPMorgan Chase & Co | 4,045,990 | – | $967.80M | +41,761 | 0.05% |
| Invesco Ltd. | 4,025,037 | – | $958.00M | +23,113 | 0.08% |
| Morgan Stanley | 3,590,085 | – | $854.48M | −861,950 | 0.05% |
| Norges Bank | 1,985,145 | – | $472.48M | New | 0.05% |
| Dimensional Fund Advisors LP | 1,589,579 | – | $378.36M | +13,508 | 0.07% |
| Northern Trust Corp | 1,491,910 | – | $355.09M | −28,381 | 0.04% |
| Bank of New York Mellon Corp | 1,390,604 | – | $330.98M | +1,359 | 0.05% |
| Goldman Sachs Group Inc | 1,366,905 | – | $325.34M | +207,514 | 0.03% |
| Bank Of America Corp /De/ | 1,324,600 | – | $315.27M | −284,003 | 0.02% |
| Massachusetts Financial Services Co /Ma/ | 1,191,392 | – | $284.13M | +12,756 | 0.09% |
| Nuveen, LLC | 1,147,480 | – | $273.11M | −243,619 | 0.07% |
| M&T Bank Corp | 1,147,230 | – | $273.05M | +538,853 | 0.80% |
Institutional buying and selling by quarter
Positions opened, added to, reduced and closed by 13F filers
| Quarter | Holders | Shares held | New / added | Reduced / closed | Shares bought | Shares sold |
|---|---|---|---|---|---|---|
| Q2 2026 | 1,159 | 132M | 133 / 393 | 403 / 74 | 7M | 7M |
| Q1 2026 | 1,111 | 132M | 105 / 403 | 382 / 88 | 25M | 9M |
| Q4 2025 | 1,106 | 137M | 152 / 356 | 392 / 83 | 9M | 13M |
| Q3 2025 | 1,056 | 141M | 103 / 411 | 329 / 59 | 12M | 8M |
| Q2 2025 | 1,025 | 138M | 100 / 374 | 379 / 98 | 5M | 9M |
| Q1 2025 | 1,038 | 141M | 102 / 388 | 378 / 98 | 11M | 13M |
| Q4 2024 | 1,046 | 145M | 184 / 359 | 349 / 64 | 10M | 16M |
| Q3 2024 | 945 | 151M | 113 / 332 | 337 / 78 | 22M | 7M |
| Q2 2024 | 921 | 149M | 103 / 338 | 312 / 65 | 7M | 13M |
| Q1 2024 | 894 | 155M | 99 / 290 | 347 / 86 | 15M | 11M |
| Q4 2023 | 890 | 152M | 156 / 271 | 329 / 63 | 18M | 6M |
| Q3 2023 | 807 | 140M | 72 / 274 | 309 / 82 | 6M | 6M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
| Fund | Shares | % of MTB | Value | % of fund | As of |
|---|---|---|---|---|---|
| Vanguard Total Stock Market Index Fund | 4,647,745 | – | $1.11B | 0.05% | Jun 30, 2026 |
| Vanguard 500 Index Fund | 3,792,699 | – | $902.70M | 0.05% | Jun 30, 2026 |
| Vanguard Equity Income Fund | 3,582,947 | – | $852.78M | 1.30% | Jun 30, 2026 |
| Vanguard Mid-Cap Index Fund | 3,173,439 | – | $755.31M | 0.34% | Jun 30, 2026 |
| Strategic Advisers Fidelity U.S. Total Stock Fund | 2,413,739 | – | $521.63M | 0.21% | May 31, 2026 |
| iShares Core S&P 500 ETF | 2,014,234 | – | $479.41M | 0.05% | Jun 30, 2026 |
| Fidelity 500 Index Fund | 1,943,104 | – | $419.92M | 0.05% | May 31, 2026 |
| Vanguard Value Index Fund | 1,394,502 | – | $331.91M | 0.13% | Jun 30, 2026 |
| Vanguard Wellesley Income Fund | 1,240,564 | – | $295.27M | 0.62% | Jun 30, 2026 |
| Vanguard Windsor Fund | 1,186,626 | – | $292.25M | 1.16% | Jul 31, 2026 |
| State Street(R) Financial Select Sector SPDR(R) ETF | 990,591 | – | $235.77M | 0.46% | Jun 30, 2026 |
| Fidelity Series Value Discovery Fund | 941,844 | – | $231.97M | 1.31% | Jul 31, 2026 |
| Invesco KBW Bank ETF | 918,724 | – | $198.55M | 3.73% | May 31, 2026 |
| Invesco S&P 500 Equal Weight ETF | 832,869 | – | $205.13M | 0.21% | Jul 31, 2026 |
| Vanguard Mid-Cap Value Index Fund | 795,595 | – | $189.36M | 0.51% | Jun 30, 2026 |
Officers, directors and major owners
People who filed Forms 3, 4 or 5 in the last two years
| Name | Role | Shares owned | Latest filing |
|---|---|---|---|
| Rene F. Jones | Chairman of the Board and CEO, Director | 112,122 | Sep 16, 2026 |
| John R. Taylor | EVP and Controller | 5,191 | Aug 19, 2026 |
| Daryl N. Bible | Sr. EVP & CFO | 26,967 | Aug 4, 2026 |
| Kevin J. Pearson | Vice Chairman | 47,648 | Jul 16, 2026 |
| Tracy S. Woodrow | Sr. Executive Vice President | 9,608 | Jul 6, 2026 |
| Christopher E. Kay | Sr. Executive Vice President | 6,753 | May 11, 2026 |
| Michael A. Wisler | Sr. Executive Vice President | 12,880 | Mar 2, 2026 |
| Peter D'Arcy | Sr. Executive Vice President | 12,737 | Feb 18, 2026 |
| Laura P. O'Hara | Sr. EVP & Chief Legal Officer | 10,242 | Feb 18, 2026 |
| Julianne Urban | Sr. EVP & Chief Auditor | 8,458 | Feb 18, 2026 |
| Neeraj Singh | Sr. Executive Vice President | 2,797 | Feb 3, 2026 |
| Michael J. Todaro | Sr. Executive Vice President | 4,375 | Feb 4, 2025 |
| Rudina Seseri | Director | 3,649 | Aug 25, 2026 |
| Kirk W. Walters | Director | 6,640 | Aug 7, 2026 |
| Jeremy M. Jacobs Jr | Director | 589 | Aug 5, 2026 |
| Richard H. Ledgett Jr. | Director | 5,080 | Aug 4, 2026 |
| Leslie V. Godridge | Director | 5,121 | May 4, 2026 |
| William Frank Cruger Jr. | Director | 9,878 | May 4, 2026 |
| Melinda R. Rich | Director | 24,309 | May 4, 2026 |
| Denis J. Salamone | Director | 53,106 | May 4, 2026 |
| Jane Chwick | Director | 6,994 | May 4, 2026 |
| Carlton J. Charles | Director | 3,408 | May 4, 2026 |
| Herbert L. Washington | Director | 18,799 | May 4, 2026 |
| John P. Barnes | Director | 15,806 | May 4, 2026 |
| Robert E. Sadler Jr | Director | 85,813 | Feb 3, 2026 |
| Gary N. Geisel | Director | 16,465 | Feb 3, 2026 |
| T. Jefferson Cunningham Iii | Director | 14,433 | Feb 4, 2025 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| Rene F. Jones Chairman of the Board and CEO, Director | Sep 14, 2026 | Sale(10b5-1 plan) | −19,396 | $239.35 | $4.64M | 103,831 |
| Rene F. Jones Chairman of the Board and CEO, Director | Sep 14, 2026 | Tax withholding | −15,101 | $239.48 | $3.62M | 123,227 |
| Rene F. Jones Chairman of the Board and CEO, Director | Sep 14, 2026 | Option exercise | +16,770 | $190.78 | $3.20M | 138,328 |
| Rudina Seseri Director | Aug 21, 2026 | Sale | −623 | $241.05 | $150.17K | 3,649 |
| John R. Taylor EVP and Controller | Aug 17, 2026 | Sale | −1,217 | $253.84 | $308.92K | 3,062 |
| Kirk W. Walters Director | Aug 5, 2026 | Sale | −9.37 | $253.77 | $2.38K | 0 |
| Richard H. Ledgett Jr. Director | Aug 3, 2026 | Sale | −855 | $248.16 | $212.18K | 4,690 |
| Jeremy M. Jacobs Jr Director | Jul 31, 2026 | Award | +589 | – | – | 589 |
| Daryl N. Bible Sr. EVP & CFO | Jul 31, 2026 | Tax withholding | −3,043 | $246.29 | $749.46K | 26,967 |
| Kevin J. Pearson Vice Chairman | Jul 15, 2026 | Sale(10b5-1 plan) | −2,000 | $242.00 | $484.00K | 44,107 |
| Tracy S. Woodrow Sr. Executive Vice President | Jul 1, 2026 | Sale(10b5-1 plan) | −881 | $242.00 | $213.20K | 9,608 |
| Tracy S. Woodrow Sr. Executive Vice President | Jul 1, 2026 | Option exercise | +376 | $190.78 | $71.73K | 9,984 |
| Tracy S. Woodrow Sr. Executive Vice President | Jul 1, 2026 | Option exercise | +505 | $164.54 | $83.09K | 10,489 |
| John R. Taylor EVP and Controller | Jun 15, 2026 | Sale | −1,098 | $233.23 | $256.09K | 4,279 |
| John R. Taylor EVP and Controller | Jun 15, 2026 | Option exercise | +269 | $190.78 | $51.32K | 5,377 |
| Kevin J. Pearson Vice Chairman | Jun 9, 2026 | Sale(10b5-1 plan) | −4,636 | $226.70 | $1.05M | 46,107 |
| Kevin J. Pearson Vice Chairman | Jun 9, 2026 | Option exercise | +10,062 | $190.78 | $1.92M | 56,169 |
| Kevin J. Pearson Vice Chairman | Jun 9, 2026 | Sale(10b5-1 plan) | −18,722 | $225.20 | $4.22M | 50,743 |
| Kevin J. Pearson Vice Chairman | Jun 9, 2026 | Option exercise | +13,296 | $164.54 | $2.19M | 69,465 |
| Kevin J. Pearson Vice Chairman | Jun 4, 2026 | Sale(10b5-1 plan) | −2,000 | $220.00 | $440.00K | 46,107 |
| Christopher E. Kay Sr. Executive Vice President | May 7, 2026 | Sale | −3,105 | $216.50 | $672.23K | 6,753 |
| Denis J. Salamone Director | Apr 30, 2026 | Award | +664 | – | – | 45,189 |
| Richard H. Ledgett Jr. Director | Apr 30, 2026 | Award | +664 | – | – | 5,545 |
| Kirk W. Walters Director | Apr 30, 2026 | Award | +664 | – | – | 6,640 |
| Jane Chwick Director | Apr 30, 2026 | Award | +664 | – | – | 6,994 |
| William Frank Cruger Jr. Director | Apr 30, 2026 | Award | +687 | – | – | 9,878 |
| Carlton J. Charles Director | Apr 30, 2026 | Award | +664 | – | – | 3,408 |
| Leslie V. Godridge Director | Apr 30, 2026 | Award | +664 | – | – | 5,121 |
| John P. Barnes Director | Apr 30, 2026 | Award | +664 | – | – | 15,806 |
| Herbert L. Washington Director | Apr 30, 2026 | Award | +664 | – | – | 18,299 |
| Melinda R. Rich Director | Apr 30, 2026 | Award | +664 | – | – | 24,109 |
| Rudina Seseri Director | Apr 30, 2026 | Award | +664 | – | – | 4,190 |
| Michael A. Wisler Sr. Executive Vice President | Feb 26, 2026 | Option exercise | +2,163 | $138.10 | $298.71K | 12,880 |
| Michael A. Wisler Sr. Executive Vice President | Feb 26, 2026 | Sale | −8,236.98 | $223.48 | $1.84M | 4,643 |
| Michael A. Wisler Sr. Executive Vice President | Feb 26, 2026 | Option exercise | +2,588 | $156.00 | $403.73K | 10,717 |
| Kevin J. Pearson Vice Chairman | Feb 13, 2026 | Award | +6,750 | – | – | 51,471 |
| Kevin J. Pearson Vice Chairman | Feb 13, 2026 | Tax withholding | −3,364 | $228.71 | $769.38K | 48,107 |
| Christopher E. Kay Sr. Executive Vice President | Feb 13, 2026 | Award | +3,983 | – | – | 11,703 |
| Christopher E. Kay Sr. Executive Vice President | Feb 13, 2026 | Tax withholding | −1,845 | $228.71 | $421.97K | 9,858 |
| Rene F. Jones Chairman of the Board and CEO, Director | Feb 13, 2026 | Tax withholding | −8,270 | $228.71 | $1.89M | 121,558 |
| Rene F. Jones Chairman of the Board and CEO, Director | Feb 13, 2026 | Award | +16,199 | – | – | 129,828 |
| Julianne Urban Sr. EVP & Chief Auditor | Feb 13, 2026 | Tax withholding | −341 | $228.71 | $77.99K | 8,458 |
| Julianne Urban Sr. EVP & Chief Auditor | Feb 13, 2026 | Award | +945 | – | – | 8,799 |
| Laura P. O'Hara Sr. EVP & Chief Legal Officer | Feb 13, 2026 | Award | +1,889 | – | – | 10,242 |
| Laura P. O'Hara Sr. EVP & Chief Legal Officer | Feb 13, 2026 | Tax withholding | −683 | $228.71 | $156.21K | 9,559 |
| John R. Taylor EVP and Controller | Feb 13, 2026 | Award | +233 | – | – | 5,205 |
| John R. Taylor EVP and Controller | Feb 13, 2026 | Tax withholding | −97 | $228.71 | $22.18K | 5,108 |
| Peter D'Arcy Sr. Executive Vice President | Feb 13, 2026 | Tax withholding | −1,370 | $228.71 | $313.33K | 12,737 |
| Peter D'Arcy Sr. Executive Vice President | Feb 13, 2026 | Award | +3,105 | – | – | 14,107 |
| Michael A. Wisler Sr. Executive Vice President | Feb 13, 2026 | Tax withholding | −994 | $228.71 | $227.34K | 8,129 |
| Michael A. Wisler Sr. Executive Vice President | Feb 13, 2026 | Award | +2,497 | – | – | 9,123 |
| Tracy S. Woodrow Sr. Executive Vice President | Feb 13, 2026 | Tax withholding | −921 | $228.71 | $210.64K | 9,608 |
| Tracy S. Woodrow Sr. Executive Vice President | Feb 13, 2026 | Award | +2,295 | – | – | 10,529 |
| Tracy S. Woodrow Sr. Executive Vice President | Feb 11, 2026 | Option exercise | +1,053 | $138.10 | $145.42K | 9,287 |
| Tracy S. Woodrow Sr. Executive Vice President | Feb 11, 2026 | Sale | −1,053 | $234.21 | $246.62K | 8,234 |
| John P. Barnes Director | Feb 9, 2026 | Sale | −21,193 | $235.85 | $5.00M | 15,142 |
| Kirk W. Walters Director | Feb 3, 2026 | Sale | −909 | $227.37 | $206.68K | 5,976 |
| Rene F. Jones Chairman of the Board and CEO, Director | Feb 2, 2026 | Tax withholding | −40,093 | $221.57 | $8.88M | 113,629 |
| Rene F. Jones Chairman of the Board and CEO, Director | Feb 2, 2026 | Option exercise | +30,541 | $173.04 | $5.28M | 138,316 |
| Rene F. Jones Chairman of the Board and CEO, Director | Feb 2, 2026 | Option exercise | +8,390 | $156.00 | $1.31M | 146,706 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.
Planned insider sales
Notices of proposed sale filed on Form 144 before shares are sold
| Seller | Filed | Shares | Market value | Planned sale | Acquired through |
|---|---|---|---|---|---|
| Kevin J. Pearson Officer | Oct 16, 2026 | 2,000 | $441.50K | Oct 16, 2026 | Restricted Stock Vesting |
| Rene F. Jones Officer, Director | Sep 14, 2026 | 19,396 | $4.64M | Sep 14, 2026 | Restricted Stock Vesting |
| Rudina Seseri Director | Aug 21, 2026 | 623 | $150.17K | Aug 21, 2026 | Restricted Stock Vesting |
| John R. Taylor Officer | Aug 17, 2026 | 1,217 | $308.92K | Aug 17, 2026 | Restricted Stock Vesting |
| Richard H. Ledgett Jr. Director | Aug 3, 2026 | 855 | $212.18K | Aug 3, 2026 | Restricted Stock Vesting |
| Gary N. Geisel Former Director | Jul 16, 2026 | 1,259 | $318.51K | Jul 16, 2026 | Restricted Stock Vesting |
| Kevin J. Pearson Officer | Jul 15, 2026 | 2,000 | $484.00K | Jul 15, 2026 | Restricted Stock Vesting |
| Tracy S. Woodrow Officer | Jul 1, 2026 | 881 | $213.20K | Jul 1, 2026 | Stock Option Exercise |
| John R. Taylor Officer | Jun 15, 2026 | 1,098 | $256.09K | Jun 15, 2026 | Restricted Stock Vesting |
| Bank Corporation Pension Plan M&T Affiliate | Jun 15, 2026 | 63,000 | $14.81M | Jun 15, 2026 | In-Kind Contribution |
| Gary N. Geisel Director | Jun 10, 2026 | 1,200 | $273.33K | Jun 10, 2026 | Restricted Stock Vesting |
| Kevin J. Pearson Officer | Jun 9, 2026 | 23,358 | $5.27M | Jun 9, 2026 | Stock Option Exercise |
| Kevin J. Pearson Officer | Jun 4, 2026 | 2,000 | $440.00K | Jun 4, 2026 | Restricted Stock Vesting |
| Christopher E. Kay Officer | May 7, 2026 | 3,105 | $672.23K | May 7, 2026 | Restricted Stock Vesting |
| Michael A. Wisler Officer | Feb 26, 2026 | 8,237 | $1.84M | Feb 26, 2026 | Dividend Reinvestment |