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 5.63%, 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 5.63% vs avg 6.67% · discount -0.0% vs avg -13.4%
Quote
| MTB-P-H (preferred) | MTB (common) | |
|---|---|---|
| Last | $24.99 | $231.88 |
| Change | — | — |
| Open | $24.97 | $229.65 |
| High / Low | $25.04 / $24.97 | $232.03 / $229.18 |
| Prev Close | — | — |
| Volume | 11,672 | 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% | 26.03 | 7.20% |
| MTB-P-K | preferred | 6.350% | 24.65 | 6.44% |
News — M&T BANK CORP
- Fed Holds Rates But Signals Hike: Key Takeaways for Bank Investors — zacks.com · Jun 18, 2026
- Fed Holds Rates But Signals Hike: Key Takeaways for Bank Investors — finance.yahoo.com · Jun 18, 2026
- Investment Management Corp of Ontario Grows Stock Holdings in Howmet Aerospace Inc. $HWM — thelincolnianonline.com · Jun 18, 2026
- Capital Impact Advisors LLC Raises Holdings in Ubiquiti Inc. $UI — thelincolnianonline.com · Jun 18, 2026
- AppFolio, Inc. $APPF is Ashe Capital Management LP’s 2nd Largest Position — thelincolnianonline.com · Jun 18, 2026
- Manatuck Hill Partners LLC Has $1.86 Million Holdings in Kinross Gold Corporation $KGC — thelincolnianonline.com · Jun 18, 2026
- Kinsale Capital Group, Inc. $KNSL Shares Bought by First Manhattan CO. LLC. — thelincolnianonline.com · Jun 18, 2026
- Interval Partners LP Has $28.14 Million Holdings in Nasdaq, Inc. $NDAQ — thelincolnianonline.com · Jun 18, 2026
Issuer news via Tiingo, tagged to MTB.