M&T

M&T's 2023 Sustainability Report Highlights Progress on Customer Solutions and Key Business Goals

Retrieved on: 
Tuesday, April 30, 2024
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BUFFALO, N.Y., April 30, 2024 /PRNewswire/ -- M&T Bank Corporation (NYSE: MTB) today released its 2023 Sustainability Report, Committed to our Communities.

Key Points: 
  • BUFFALO, N.Y., April 30, 2024 /PRNewswire/ -- M&T Bank Corporation (NYSE: MTB) today released its 2023 Sustainability Report, Committed to our Communities.
  • This fourth annual report highlights the progress the company has made toward its sustainability goals including environmental and social finance solutions for customers as well as initiatives that support the bank's business and community relationships.
  • We remain committed to investing in our communities knowing that our 2023 achievements help position our business better for the years ahead."
  • To learn more about M&T's approach to sustainability and to download a copy of the report, visit [mtb.com/sustainability].

M&T Ranks No. 6 Among SBA Lenders Following Record-Breaking Year

Retrieved on: 
Thursday, October 12, 2023
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BUFFALO, N.Y., Oct. 12, 2023 /PRNewswire/ -- M&T Bank (NYSE:MTB) approved more U.S. Small Business Administration (SBA) loans in the past year than ever before and finished the SBA's 2023 fiscal year as the sixth-largest lender in the country. This marked the 15th consecutive year M&T has ranked among the nation's top 10 SBA lenders.

Key Points: 
  • This marked the 15th consecutive year M&T has ranked among the nation's top 10 SBA lenders.
  • That represents a 26.5% increase in SBA loans the bank approved in 2022 and a nearly $21 million increase over last year.
  • This year's loan volume also eclipsed the previous high mark of 1,739 SBA loans M&T approved in 2016.
  • 1 SBA lender in Connecticut – an important milestone for the bank following its 2022 acquisition of Bridgeport, Conn.-based People's United Bank.

M&T BANK APPOINTS DAVID W. HOLLIS AS CHIEF HUMAN RESOURCES OFFICER

Retrieved on: 
Tuesday, October 10, 2023
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BUFFALO, N.Y., Oct. 10, 2023 /PRNewswire/ -- M&T Bank (NYSE:MTB) announced its appointment of David W. Hollis as Chief Human Resources Officer (CHRO), effective today.

Key Points: 
  • BUFFALO, N.Y., Oct. 10, 2023 /PRNewswire/ -- M&T Bank (NYSE:MTB) announced its appointment of David W. Hollis as Chief Human Resources Officer (CHRO), effective today.
  • Woodrow will continue to serve as Chief Administrative Officer, overseeing M&T's Banking Services, Buffalo Promise Neighborhood (BPN), Corporate Services, Human Resources, and Environmental, Social, and Governance (ESG) teams.
  • "We see human resources as a competitive advantage, and we are excited to have David here to lead this function."
  • Hollis has over 37 years of experience, most recently serving as CHRO at Michigan-based commercial bank, Flagstar Bank.

M&T Bank Appoints Phil Cohen as Maine Regional President

Retrieved on: 
Thursday, September 14, 2023
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BUFFALO, N.Y., Sept. 14, 2023 /PRNewswire/ -- M&T Bank (NYSE:MTB) today announced its appointment of Phil Cohen as Regional President of Maine.

Key Points: 
  • BUFFALO, N.Y., Sept. 14, 2023 /PRNewswire/ -- M&T Bank (NYSE:MTB) today announced its appointment of Phil Cohen as Regional President of Maine.
  • Cohen will continue to serve in his role as Commercial Senior Group Manager Commercial Real Estate New Hampshire/Maine.
  • "Phil's combination of deep banking experience and knowledge of Maine continues to be an asset to M&T, our partners, and our customers," said Mike Keegan, M&T Bank Senior Executive Vice President and Head of Community Banking.
  • "It's an amazing opportunity to serve as regional president," said Cohen.

M&T Bank Announces New Branch in Bridgeport's East End Following Community's Input

Retrieved on: 
Wednesday, August 30, 2023
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BRIDGEPORT, Conn., Aug. 30, 2023 /PRNewswire/ -- M&T Bank (NYSE: MTB) today announced that it will open a new branch in Bridgeport's East End neighborhood.

Key Points: 
  • BRIDGEPORT, Conn., Aug. 30, 2023 /PRNewswire/ -- M&T Bank (NYSE: MTB) today announced that it will open a new branch in Bridgeport's East End neighborhood.
  • It is designed to address the city's needs, specifically its East End and East Side residents.
  • The East End branch will employ bankers with the cultural and linguistic skills to serve the surrounding community.
  • I applaud M&T bank for listening to the residents and small businesses on the dire need for a bank in the East End and delivering for the community," said Bridgeport Mayor Joe Ganim.

M&T Bank Promotes Mark Hutton to Delaware Regional President

Retrieved on: 
Thursday, August 3, 2023
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WILMINGTON, Del., Aug. 3, 2023 /PRNewswire/ -- M&T Bank (NYSE:MTB) has named Mark Hutton as Delaware Regional President -- assuming the role following the July 7 retirement of the bank's former top executive in the state, Nick Lambrow.

Key Points: 
  • WILMINGTON, Del., Aug. 3, 2023 /PRNewswire/ -- M&T Bank (NYSE:MTB) has named Mark Hutton as Delaware Regional President -- assuming the role following the July 7 retirement of the bank's former top executive in the state, Nick Lambrow.
  • Hutton, who joined the bank in 2008, has served as M&T's executive vice president for commercial banking in Delaware since March 2022.
  • As a leader in Delaware's business community, Hutton co-founded the Delaware State Chamber of Commerce's Intern Delaware program and serves on the chamber's board of directors.
  • Before joining M&T, Hutton, a 26-year banking industry veteran, worked for PNC Bank and Mercantile County Bank.

M&T Bank Corporation Announces Second Quarter 2023 Earnings Release and Conference Call

Retrieved on: 
Wednesday, June 14, 2023
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BUFFALO, N.Y., June 14, 2023 /PRNewswire/ -- M&T Bank Corporation ("M&T") (NYSE:MTB) plans to announce its second quarter 2023 earnings results in a press release that will be issued before the market opens on Wednesday, July 19, 2023.

Key Points: 
  • BUFFALO, N.Y., June 14, 2023 /PRNewswire/ -- M&T Bank Corporation ("M&T") (NYSE:MTB) plans to announce its second quarter 2023 earnings results in a press release that will be issued before the market opens on Wednesday, July 19, 2023.
  • Following the release, M&T will conduct a conference call and webcast at 8:00 a.m. (ET) to discuss the earnings results.
  • Callers should reference M&T Bank Corporation or the conference ID # MTBQ223.
  • The webcast archive of the conference call will be available by 3:00 p.m., July 19, 2023 on M&T's website at https://ir.mtb.com/events-presentations .

M&T Announces Winners of Harlem Multicultural Small Business Lab Pitch Competition

Retrieved on: 
Thursday, May 11, 2023
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HARLEM, N.Y., May 11, 2023 /PRNewswire/ -- A beauty consultancy, a cold-pressed juice company, and a community gathering space were announced as the winners of M&T Bank's (NYSE:MTB) Harlem Multicultural Small Business Lab pitch competition, in partnership with Carver Federal Savings Bank.

Key Points: 
  • In total, 60 entrepreneurs from the Harlem area participated in the Harlem Multicultural Small Business Lab – the fifth in a series of programs launched by M&T Bank in Buffalo in 2021 to help multicultural small businesses access the resources and knowledge needed to grow.
  • "The Harlem Multicultural Small Business Lab is an example of how M&T shows up to help the communities where we live and work," said David Femi, head of M&T's Multicultural Banking & Diverse Market Strategy.
  • The Harlem Multicultural Small Business Lab helped entrepreneurs deepen their business expertise and gain insights into creating business plans, understanding credit and the underwriting process, accessing capital, marketing, networking, and more.
  • The Harlem Multicultural Small Business Lab is among multiple M&T programs that celebrated and supported U.S. Small Business Week (April 30-May 6) and the bank's 338,000-plus small-business customers.

M&T CHARITABLE FOUNDATION ANNOUNCES $11.8M IN PHASE - ONE AMPLIFY FUND GRANTS COMMITTED TO 105 NEW ENGLAND AND METRO NEW YORK NON-PROFITS

Retrieved on: 
Tuesday, May 2, 2023
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BUFFALO, N.Y. , May 2, 2023 /PRNewswire/ -- The M&T Charitable Foundation, the philanthropic arm of M&T Bank (NYSE: MTB), today announced Amplify Fund grant recipients in New England and Metro New York, totaling over $11.8M to 105 non-profit organizations across the former People's United footprint, with some payments committed over a two- or three-year period. Funding was focused on equity and environmental initiatives, mission-driven and capacity-building work, community and tenant organizing, and financial empowerment and education for individuals and small businesses.

Key Points: 
  • Trust for Public Land (TPL), a New England not-for-profit environmental organization, received funding for its "Parks for People in Bridgeport and Boston" from M&T Bank.
  • The New England and Metro New York Amplify Fund grants were selected through a Request for Proposal (RFP) process.
  • Phase one consisted of four RFPs, each available to specific geographic regions across the Amplify Fund footprint.
  • For more information on the Amplify Fund, including the full list of grant recipients in New England and Metro New York, please visit the Amplify Fund website .

M&T Bank Launched the Harlem Multicultural Small Business Lab in Partnership with Carver Federal Savings Bank on March 30th

Retrieved on: 
Tuesday, April 11, 2023
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HARLEM, N.Y., April 11, 2023 /PRNewswire/ -- On March 30th, M&T Bank launched its Harlem Multicultural Small Business Lab, a six-week program designed to provide local entrepreneurs with guidance, education, and resources to help them start and grow businesses. The program is designed to empower, develop, and grow racially and ethnically diverse small businesses within the Harlem community. Over 100 applicants applied for the program, and 60 were selected to participate.

Key Points: 
  • Held in collaboration with Carver Federal Savings Bank, M&T's Harlem Multicultural Small Business Lab is helping participating entrepreneurs deepen their business expertise and gain insights into creating business plans, establishing credit, accessing capital, marketing, networking, and more.
  • "After the success of our other programs across the Northeast, we were thrilled to launch the Multicultural Small Business Lab in Harlem," said Blair Ridder, M&T Bank New York City Regional President.
  • Since its first Multicultural Small Business Lab in Buffalo in 2021, M&T has launched the program in additional communities including Harrisburg, PA., Bridgeport, CT., and now Harlem.
  • "Our team at M&T Bank is looking forward to continuing to help business leaders access new skills, resources, and connections through initiatives like our Multicultural Small Business Innovation Lab."