What rank is M&T bank?
Company Overview
Founded in 1856, M&T Bank is one of the top full-service U.S.-based commercial banks, with 22,000 employees and a long history of community-focused banking.
| Rank | Bank name | CET1 capital requirement (2022) |
|---|---|---|
| 21 | M&T Bank | 9.2 |
| 22 | USAA | – |
| 23 | UBS | 9.3 |
| 24 | Ally Financial | 7.0 |
Company Overview
Founded in 1856, M&T Bank is one of the top full-service U.S.-based commercial banks, with 22,000 employees and a long history of community-focused banking.
M&T Bank (MTB) had its Relative Strength (RS) Rating upgraded from 70 to 74 Wednesday -- a welcome improvement, but still below the 80 or higher score you prefer to see.
| Date : | 12-Oct-2023 | 07-Dec-2020 |
|---|---|---|
| Rating : | A | A |
| Action : | Affirmed | Review - No Action |
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. The Rating Outlook remains Negative.
JPMorgan Chase, or Chase Bank, is the biggest bank in America with nearly $3.4 trillion in assets. It boasts a vast network of over 4,800 physical branches and more than 15,000 ATMs. With generous bonuses and promotions and a variety of products, Chase is a popular choice for consumers across the country.
Dedicated Relationship Bankers
Your M&T Relationship Banker will work hard to earn – and keep – your trust. All of our Relationship Bankers are trained and dedicated to helping you find the banking products and financial solutions that fit your needs today, and as your needs grow.
M&T's acquisition of People's United Bank was finalized back in April, according to Mike Keegan of M&T.
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.
How safe is M&T bank?
M&T Bank is a member of the Federal Deposit Insurance Corp. (FDIC), which insures up to $250,000 per account type, per depositor. M&T Bank is a member of the Federal Deposit Insurance Corp. (FDIC), which insures up to $250,000 per account type, per depositor.
Your deposits at M&T Bank are fully insured by the FDIC up to the standard insurance amount of $250,000.
M&T Bank (MTB) Ownership Overview
The ownership structure of M&T Bank (MTB) stock is a mix of institutional, retail and individual investors. Approximately 59.28% of the company's stock is owned by Institutional Investors, 5.99% is owned by Insiders and 34.73% is owned by Public Companies and Individual Investors.
| Global Top 100 | ||
|---|---|---|
| Rank | Name | S&P Rating |
| 1 | KfW | AAA |
| 2 | Zuercher Kantonalbank | AAA |
| 3 | BNG Bank | AAA |
Tue, 09/05/2023
The lawsuit, filed in federal Court in Buffalo, New York, on behalf of a class of affected M&T customers, alleges the data was misappropriated in a data breach that occurred some time between May and June of this year.
Following one of the most successful years in United's long history, United Bank has been named the Most Trustworthy Bank in America by Newsweek for 2023. Across 23 industries evaluated, United joined the list of the “Most Trustworthy Companies in America,” earning the No. 1 spot in the Banks category.
S&P Global downgraded its outlooks on five regional U.S. banks to "negative" from "stable" due to their commercial real estate (CRE) exposures, the ratings agency said on Tuesday. It downgraded First Commonwealth Financial, M&T Bank , Synovus Financial, Trustmark and Valley National Bancorp.
The credit rating agency cited nervous depositors and investors, risks from higher interest rates, and a weakening commercial real estate market.
M&T Bank Corporation (Manufacturers and Traders Trust Company) is an American bank holding company headquartered in Buffalo, New York. It operates 1,000+ branches in 12 states across the Eastern United States, from Maine to Northern Virginia.
Chase is the largest bank in the country, holding over $3.38 trillion in assets. Bank of America is the second-largest bank with over $2.45 trillion in assets. Wells Fargo is the third-largest bank, holding over $1.7 trillion in assets.
Which bank is safest in the USA?
- CITIBANK. ...
- WELLS FARGO. ...
- CAPITAL ONE. ...
- M&T BANK CORPORATION. ...
- AGRIBANK. ...
- COBANK. ...
- AGFIRST. ...
- FARM CREDIT BANK OF TEXAS. Farm Credit Bank of Texas is the fourth member of the U.S. Farm Credit System, providing wholesale lending and business services in states like Texas, Alabama, and New Mexico.
- Wells Fargo.
- Citibank.
- U.S. Bank.
- PNC Bank.
- Truist Bank.
- Goldman Sachs.
- Capital One.
- TD Bank.
M&T Bank total assets for 2022 were $200.73B, a 29.41% increase from 2021. M&T Bank total assets for 2021 were $155.107B, a 8.77% increase from 2020.
We note that hedge funds don't have a meaningful investment in M&T Bank. Looking at our data, we can see that the largest shareholder is The Vanguard Group, Inc. with 12% of shares outstanding. Meanwhile, the second and third largest shareholders, hold 8.0% and 7.9%, of the shares outstanding, respectively.
| State/Territory | Number Of Locations |
|---|---|
| NEW YORK | 234 |
| MARYLAND | 158 |
| PENNSYLVANIA | 137 |
| NEW JERSEY | 69 |
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