MTB (M&T Bank) Financial Strength (2024)

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What is the financial strength rating of M&T bank? ›

Fitch Affirms M&T Bank Corporation at 'A'; Outlook Remains Negative. Fitch Ratings - New York - 12 Oct 2023: Fitch Ratings has affirmed M&T Bank Corporation's (MTB) and its subsidiaries' Long- and Short-Term Issuer Default Ratings (IDRs) at 'A' and 'F1', respectively.

M&T Bank is a member of the Federal Deposit Insurance Corporation (FDIC), certificate number 588. The FDIC is an independent agency of the U.S. government which protects depositors of insured U.S. banks against the loss of their deposits if that bank fails.

Of more than 500 banks evaluated, M&T is among only 21 that received excellence awards in small-business banking. The Greenwich Awards bolster M&T's position as a nationwide leader in small-business banking. For 14 consecutive years, M&T has ranked among the top 10 U.S. Small Business Administration (SBA) lenders.

The ability of a bank to consistently grow its earnings and deposits is a key determinant of its future viability and prospects. Regulators measure the quality of earnings by assessing the bank's growth in deposits, balance sheet stability, quality of loans, and interest rate spread.

Average earning assets increased $2.6 billion , or 1%, from the fourth quarter of 2023. Average interest-bearing deposits at banks increased $494 million reflecting higher levels of borrowings partially offset by the purchase of investment securities and loan growth.

M&T Bank is best for customers who enjoy in-person banking and live within the region this bank serves. While M&T Bank does offer online and mobile banking, some accounts can only be opened in person. And if you're looking for the best savings rates and accounts with few fees, you'll have better luck banking elsewhere.

At least 95,000 M&T Bank Customers' Personal Information Compromised in Data Breach, Lawsuit Alleges. An M&T Bank customer filed a lawsuit on August 25th, alleging that M&T Bank negligently handled the personal and financial information of over 95,000 of its customers.

JPMorgan Chase, the financial institution that owns Chase Bank, topped our experts' list because it's designated as the world's most systemically important bank on the 2023 G-SIB list. This designation means it has the highest loss absorbency requirements of any bank, providing more protection against financial crisis.

Capital ratios are the single most important metric in assessing a bank's financial health. They measure whether a bank has enough of its own capital (i.e., cash) to take losses in their asset book, and are calculated as capital to risk-adjusted assets.

444 on the Fortune 500. M&T Bank was the lone Buffalo-based company to make the cut for the Fortune 500, a ranking of the nation's largest corporations whose revenues are publicly available. M&T was No. 444, based on $6.3 billion in revenues for 2020.

What is the analyst rating of M&T bank? ›

Analysts like M&T Bank less than other Finance companies. The consensus rating score for M&T Bank is 2.36 while the average consensus rating score for finance companies is 2.44. Learn more on how MTB compares to other companies.

The S&P Insurer Financial Strength Rating system indicates whether an insurance company has sufficient assets to pay its claims. The highest S&P rating is AAA. AA, A, or BBB are considered acceptable ratings. Consumers can compare an insurer's rating from four sources.

Romania's Banca Transilvania emerged as the third strongest followed by South Africa's First National Bank in 4th, and Kenya Commercial Bank (KCB) in 5th - meaning three out of the five strongest brands globally with AAA+ ratings all come from Africa.