About this security
MTB-P-H is a 5.625% non-cumulative perpetual preferred stock issued by M&T BANK CORP, a Banks issuer. $25 liquidation preference, current yield 5.62%, callable from 2027-04-01.
M&T BANK CORP: M&T Bank Corporation is a bank holding company for Manufacturers and Traders Trust Company and Wilmington Trust, National Association, providing retail and commercial banking products and services across the United States. The company operates through three segments — Commercial Bank, Retail Bank, and Institutional Services and Wealth Management — offering commercial lending and leasing, commercial real estate loans, and cash management services to middle-market and large commercial customers. Following its 2022 merger with People's United Financial, M&T Bank operates a network of over 1,000 branches and 2,200 ATMs spanning 12 states from Maine to Virginia and Washington, D.C. The bank, founded in 1856 and headquartered in Buffalo, New York, holds approximately $213.5 billion in total assets and employs roughly 21,800 people. ↗
Key Stats ✓ terms from SEC filing — verify via link below ✓ verified against SEC filing
vs. Banks category (76 issues): yield 5.62% vs avg 6.66% · discount +0.1% vs avg -13.3%
Quote
| MTB-P-H (preferred) | MTB (common) | |
|---|---|---|
| Last | $25.02 | $231.88 |
| Change | — | — |
| Open | $25.03 | $229.65 |
| High / Low | $25.04 / $25.01 | $232.03 / $229.18 |
| Prev Close | — | — |
| Volume | 9,174 | 1,027,574 |
| 52-Week High / Low | $25.71 / $23.90 | $239.00 / $174.76 |
52-week range based on available history. Shares outstanding / market cap require a fundamentals feed (not in current data plan).
Price
Dividend History
| Ex-Date | Amount / Share |
|---|---|
| 2026-06-01 | $0.351562 |
| 2026-03-02 | $0.351562 |
| 2025-12-01 | $0.351562 |
| 2025-09-02 | $0.351562 |
| 2025-06-02 | $0.351562 |
| 2025-03-03 | $0.351562 |
| 2024-12-02 | $0.351562 |
| 2024-09-03 | $0.351562 |
| 2024-06-03 | $0.351562 |
| 2024-02-29 | $0.351562 |
| 2023-11-30 | $0.351562 |
| 2023-08-31 | $0.351562 |
Performance — $10K Calculator
Dividends reinvested (DRIP) at the close on each ex-date. Full performance page →
Prospectus (SEC 424B5)
We are offering depositary shares, each representing a 1/10th ownership interest in a share of our Perpetual % Fixed-Rate Reset Non-Cumulative Preferred Stock, Series I, par value $1.00 per share, with a $10,000 liquidation preference per share (equivalent to $1,000 per depositary share) (the "Preferred Stock").
Use of proceeds: M&T intends to use the net proceeds of the offering for general corporate purposes.
Other Securities from M&T BANK CORP
| Symbol | Type | Coupon | Price | Yield |
|---|---|---|---|---|
| MTB-P-J | preferred | 7.500% | 25.92 | 7.23% |
| MTB-P-K | preferred | 6.350% | 24.64 | 6.44% |
News — M&T BANK CORP
- M&T Bank Corporation (MTB) Welcomes New Board Member — gurufocus.com · Jun 16, 2026
- Argan (NYSE:AGX) Director Cynthia Flanders Sells 2,596 Shares — thelincolnianonline.com · Jun 16, 2026
- Backblaze (NASDAQ:BLZE) Trading 6.5% Higher – Here’s What Happened — thelincolnianonline.com · Jun 16, 2026
- M&T Bank Corporation Elects Jerry Jacobs Jr. to Board of Directors — finance.yahoo.com · Jun 16, 2026
- M&T Bank Corporation Elects Jerry Jacobs Jr. to Board of Directors — prnewswire.com · Jun 16, 2026
- Q1 Earnings Highlights: M&T Bank (NYSE:MTB) Vs The Rest Of The Regional Banks Stocks — finance.yahoo.com · Jun 16, 2026
- How Is Huntington Bancshares' Stock Performance Compared to Other Regional Banks Stocks? — finance.yahoo.com · Jun 16, 2026
- Rice Hall James & Associates LLC Reduces Position in Rambus, Inc. $RMBS — thelincolnianonline.com · Jun 16, 2026
Issuer news via Tiingo, tagged to MTB.