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Last €118.66 EUR
Change Today +0.44 / 0.37%
Volume 0.0
As of 2:05 AM 07/29/15 All times are local (Market data is delayed by at least 15 minutes).

m & t bank corp (MTZ) Snapshot

Open
€118.69
Previous Close
€118.22
Day High
€118.69
Day Low
€118.66
52 Week High
07/23/15 - €122.76
52 Week Low
10/21/14 - €87.79
Market Cap
15.8B
Average Volume 10 Days
6.5
EPS TTM
--
Shares Outstanding
133.0M
EX-Date
08/28/15
P/E TM
--
Dividend
€2.80
Dividend Yield
1.98%
Current Stock Chart for M & T BANK CORP (MTZ)

m & t bank corp (MTZ) Related Businessweek News

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m & t bank corp (MTZ) Details

M&T Bank Corporation, a bank holding company, provides commercial and retail banking services. The company’s Business Banking segment offers deposit, lending, cash management, and other financial services to small businesses and professionals. Its Commercial Banking segment provides commercial lending and leasing, letters of credit, deposit products, and cash management services to middle-market and large commercial customers. The company’s Commercial Real Estate segment offers credit services, which are secured by various types of multifamily residential and commercial real estate properties, as well as deposit services. Its Discretionary Portfolio segment provides securities, residential mortgage loans, and other assets; short-term and long-term borrowed funds; brokered deposits; and Cayman Islands branch deposits, as well as foreign exchange services. The company’s Residential Mortgage Banking segment originates and services residential real estate loans and sells those loans in the secondary market; and purchases servicing rights to loans originated by other entities. Its Retail Banking segment offers demand, savings, and time accounts; consumer installment loans, automobile loans, home equity loans and lines of credit, and credit cards; mutual funds and annuities; and other services. The company also offers trust and wealth management services; fiduciary and custodial services; securities brokerage and investment advisory services; and investment management services, as well as reinsures credit life, and accident and health insurance; and provides insurance agency services. M&T Bank Corporation offers its services through banking offices, business banking centers, telephone and Internet banking, and automated teller machines. As of December 31, 2014, it had 693 banking offices in the United States; a commercial banking office in Canada; and an office in the Cayman Islands. The company was founded in 1856 and is headquartered in Buffalo, New York.

14,609 Employees
Last Reported Date: 02/20/15
Founded in 1856

m & t bank corp (MTZ) Top Compensated Officers

Chairman, Chief Executive Officer, Chairman o...
Total Annual Compensation: $1.4M
President, Chief Operating Officer, Director...
Total Annual Compensation: $1.3M
Chief Financial Officer, Executive Vice Presi...
Total Annual Compensation: $1.0M
Chief Risk Officer,Executive Vice President, ...
Total Annual Compensation: $1.1M
Executive Vice President, Vice Chairman of M&...
Total Annual Compensation: $1.0M
Compensation as of Fiscal Year 2014.

m & t bank corp (MTZ) Key Developments

M&T Bank Corporation Declares Dividend on Common Stock, Series A and Series C Preferred Stock, Payable on September 30, 2015 and August 17, 2015 Respectively

M&T Bank Corporation announced that it has declared a quarterly cash dividend of $0.70 per share on its common stock. The dividend will be payable on September 30, 2015 to shareholders of record at the close of business on September 1, 2015. In addition, M&T has declared quarterly cash dividends of $15.9375 per share on each of its Series A and Series C preferred stock. The dividends will be payable on August 17, 2015 to shareholders of record at the close of business on August 3, 2015.

M&T Bank Corporation Reports Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2015; Reports Net Charge-Offs for the Second Quarter Ended June 30, 2015

M&T Bank Corporation Reported consolidated earnings results for the second quarter and six months ended June 30, 2015. For the quarter, interest income was $760,354,000 compared to $734,290,000 a year ago. Net interest income was $683,128,000 compared to $669,114,000 a year ago. Income before income taxes was $453,527,000 compared to $427,866,000 a year ago. Net income was $286,288,000 compared to $284,336,000 a year ago. Net operating income was $290,341,000 compared to $289,974,000 a year ago. Net income available to common shareholders was $263,481,000 compared to $260,695,000 a year ago. Diluted earnings per common share were $1.98 compared to $1.98 a year ago. Diluted net operating earnings per common share were $2.01 compared to $2.02 a year ago. Return on average total assets was 1.18% compared to 1.27% a year ago. Return on average common shareholders' equity was 9.37% compared to 9.79% a year ago. Return on average tangible assets was 1.24% compared to 1.35% a year ago. Return on average tangible common equity was 13.76% compared to 14.92% a year ago. For the six months, interest income was $1,498,441,000 compared to $1,457,242,000 a year ago. Net interest income was $1,342,716,000 compared to $1,325,547,000 a year ago. Income before income taxes was $828,943,000 compared to $782,172,000 a year ago. Net income was $528,301,000 compared to $513,353,000 a year ago. Net operating income was $536,117,000 compared to $525,136,000 a year ago. Net income available to common shareholders was $482,313,000 compared to $472,429,000 a year ago. Diluted earnings per common share were $3.63 compared to $3.59 a year ago. Diluted net operating earnings per common share were $3.69 compared to $3.68 a year ago. Return on average total assets was 1.10% compared to 1.17% a year ago. Return on average common shareholders' equity was 8.69% compared to 9.02% a year ago. Return on average tangible assets was 1.16% compared to 1.25% a year ago. Return on average tangible common equity was 12.85% compared to 13.86% a year ago. For the second quarter ended June 30, 2015, the company reported net charge-offs of loans were $21 million during the recent quarter, improved from $29 million in the second quarter of 2014 and $36 million in the first quarter of 2015.

M&T Bank Corporation to Report Q2, 2015 Results on Jul 16, 2015

M&T Bank Corporation announced that they will report Q2, 2015 results at 10:00 AM, US Eastern Standard Time on Jul 16, 2015

 

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MTZ:GR €118.66 EUR +0.44

MTZ Competitors

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CIC €194.75 EUR +0.25
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KeyCorp $14.81 USD +0.03
Northern Trust Corp $76.50 USD +0.73
Regions Financial Corp $10.40 USD -0.01
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Industry Analysis

MTZ

Industry Average

Valuation MTZ Industry Range
Price/Earnings 17.5x
Price/Sales 3.9x
Price/Book 1.5x
Price/Cash Flow 16.1x
TEV/Sales 0.0x
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