Trigger AI
MTB
M&T Bank Corp.
$217.16-$1.08(-0.49%)
- RVOL0.64x
- float143.90M
- SI+3.53%
- CTB0.3%
Catalyst
M&T Bank Announces Quarterly Preferred Stock Dividends
Trigger AI (analysis)
M&T Bank Corporation has declared quarterly cash dividends on its Series H, J, K, and L perpetual preferred stock. This announcement represents a routine capital return process and is part of the company's regular corporate administrative operations. As this concerns preferred stock payouts rather than a fundamental shift in business operations or core earnings, the short-term economic impact is limited. This routine dividend declaration carries minimal directional catalyst value for the broader market.
B · MTB · PR Newswire · Published
AI analysis. Not investment advice.
Original
M&T Bank Corporation Announces Quarterly Preferred Stock Dividends
BUFFALO, N.Y. , Oct. 20, 2026 /PRNewswire/ -- M&T Bank Corporation ("M&T") (NYSE: MTB) announced that it has declared quarterly cash dividends on the following series of perpetual preferred stock: A dividend of $0.3515625 per share on its Perpetual Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series H ("Series H Preferred Stock") A dividend of $187.50 per share (equivalent to $0.46875 per depositary share) on its Perpetual 7.500% Non-Cumulative Preferred Stock, Series J ("Series J Preferred Stock") A dividend of $158.75 per share (equivalent to $0.396875 per depositary share) on its Perpetual 6.350% Non-Cumulative Preferred Stock, Series K ("Series K Preferred Stock") A dividend of $165.63 per share (equivalent to $0.414075 per depositary share) on its Perpetual 6.625% Non-Cumulative Preferred Stock, Series L ("Series L Preferred Stock") Each dividend will be payable December 15, 2026 to shareholders of record at the close of business on December 1, 2026. About M&T M&T is a financial holding company headquartered in Buffalo, New York. M&T's principal banking subsidiary, M&T Bank, provides banking products and services with a branch and ATM network spanning the eastern U.S. from Maine to Virginia and Washington, D.C. Trust-related services are provided in select markets in the U.S. and abroad by M&T's Wilmington Trust-affiliated companies and by M&T Bank. For more information about M&T Bank, visit www.mtb.com . Equal Housing Lender. © 2026 M&T Bank. NMLS# 381076. Member FDIC. All rights reserved. Investor Contact: Steve Wendelboe (716) 842-5138 Media Contact : Frank Lentini (929) 651-0447
