MTB has been in the news 500% more than usual
Jan 16, 2025, 11:30 AM
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What does MTB do
M&T Bank, headquartered in Buffalo, New York, offers retail and commercial banking, trust, wealth management, and investment services through its subsidiaries, employing 21,736 full-time staff. Its segments include Commercial Bank, Retail Bank, and Institutional Services and Wealth Management.
MTB has been in the news recently: M&T Bank Corporation reported a quarterly net income of $681 million and a full-year net income of $2.59 billion for 2024. Additionally, the global asset-based lending market, relevant to M&T Bank's operations, is projected to grow from $682.04 billion in 2023 to $1.28 trillion by 2033.
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