M&T Bank Corporation Announces Increased Common Stock Dividend

BUFFALO, N.Y., May 21, 2024/PRNewswire/ -- M&T Bank Corporation ("M&T") (NYSE: MTB) announced that it has declared a quarterly cash dividend of $1.35per share on its common stock. This represents an increase of $.05per share, or 4 percent, from the previous $1.30per share dividend paid in the first quarter of 2024. The dividend will be payable June 28, 2024, to shareholders of record at the close of business on June 3, 2024.

About M&T
M&T is a financial holding company headquartered in Buffalo, New York. M&T's principal banking subsidiary, M&T Bank, provides banking products and services in 12 states across the northeastern U.S. from Maineto Virginiaand Washington, D.C.Trust-related services are provided in select markets in the U.S. and abroad by M&T's Wilmington Trust-affiliated companies and by M&T Bank.

Investor Contact:
Brian Klock
(716) 842-5138

Media Contact:
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(929) 651-0447

SOURCE M&T Bank Corporation