M&T Bank Files 8-K on Jan 22, 2025
Ticker: MTB-PK · Form: 8-K · Filed: Jan 22, 2025 · CIK: 36270
Sentiment: neutral
Topics: reporting, financials, stock
TL;DR
M&T Bank filed an 8-K on Jan 22, 2025, covering stock and financial updates.
AI Summary
M&T Bank Corporation filed an 8-K on January 22, 2025, reporting on other events and financial statements. The filing includes information related to its common stock and preferred stock series H and J.
Why It Matters
This filing provides an update on M&T Bank's corporate structure and financial reporting, which is important for investors to understand the company's current status.
Risk Assessment
Risk Level: low — This is a routine filing reporting on corporate events and financial statements, not indicating any immediate financial distress or significant new risks.
Key Players & Entities
- M&T BANK CORP (company) — Registrant
- January 22, 2025 (date) — Date of Report
- New York (location) — State of Incorporation
- One M&T Plaza (location) — Business Address
- us-gaap:CommonStockMember (stock) — Financial reporting item
- mbt:PerpetualFixedToFloatingRateNonCumulativePreferredStockSeriesHMember (stock) — Financial reporting item
- mbt:PerpetualFixedToFloatingRateNonCumulativePreferredStockSeriesJMember (stock) — Financial reporting item
FAQ
What is the primary purpose of this 8-K filing?
The primary purpose of this 8-K filing is to report on 'Other Events' and 'Financial Statements and Exhibits' as of January 22, 2025.
What specific types of stock are mentioned in the filing?
The filing mentions common stock, Perpetual Fixed-to-Floating Rate Non-Cumulative Preferred Stock Series H, and Perpetual Fixed-to-Floating Rate Non-Cumulative Preferred Stock Series J.
When was M&T Bank Corporation incorporated?
M&T Bank Corporation was incorporated in New York.
What is the business address of M&T Bank Corporation?
The business address is One M&T Plaza.
What is the SEC file number for M&T Bank Corporation?
The SEC file number for M&T Bank Corporation is 001-09861.
Filing Stats: 542 words · 2 min read · ~2 pages · Grade level 10.8 · Accepted 2025-01-22 16:21:56
Key Financial Figures
- $4.0 billion — repurchase program to repurchase up to $4.0 billion of M&T common stock, $0.50 par value pe
- $0.50 — up to $4.0 billion of M&T common stock, $0.50 par value per share, on the open market
- $3.0 billion — s effective January 22, 2025, the prior $3.0 billion share repurchase program authorized by
Filing Documents
- mbt-20250122.htm (8-K) — 30KB
- pressrelease-mtbstockrepur.htm (EX-99.1) — 8KB
- 0001628280-25-002190.txt ( ) — 209KB
- mbt-20250122.xsd (EX-101.SCH) — 3KB
- mbt-20250122_def.xml (EX-101.DEF) — 16KB
- mbt-20250122_lab.xml (EX-101.LAB) — 29KB
- mbt-20250122_pre.xml (EX-101.PRE) — 17KB
- mbt-20250122_htm.xml (XML) — 5KB
01 Other Events
Item 8.01 Other Events. On January 22, 2025, M&T Bank Corporation ("M&T") announced that its Board of Directors authorized a share repurchase program to repurchase up to $4.0 billion of M&T common stock, $0.50 par value per share, on the open market or in privately negotiated transactions. The exact number of shares, timing for such repurchases, and the price and terms at and on which such repurchases are to be made will be at the discretion of M&T and subject to all regulatory limitations. The authorization replaces, and terminates effective January 22, 2025, the prior $3.0 billion share repurchase program authorized by the Board of Directors in July 2022. A copy of the press release with the announcement is attached hereto as Exhibit 99.1 and is incorporated herein by reference.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits (d) Exhibits: Exhibit No. Exhibit Description 99.1 News Release dated January 22, 2025 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. M&T BANK CORPORATION Date: January 22, 2025 By: /s/ Daryl N. Bible Daryl N. Bible Senior Executive Vice President and Chief Financial Officer