M&T Bank Corporation 4.833% 16-JAN-2029M&T Bank Corporation 4.833% 16-JAN-2029M&T Bank Corporation 4.833% 16-JAN-2029

M&T Bank Corporation 4.833% 16-JAN-2029

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MTB5959360 analysis



Key facts


Issue date
Dec 17, 2024
Maturity date
Jan 16, 2029
Outstanding amount
‪500.00 M‬USD
Face value
1,000.00USD
Minimum denomination
2,000.00USD
Coupon
4.83% (Variable)
Yield to maturity
4.68%
M&T Bank Corp. operates as a bank holding company, which engages in the provision of retail and commercial banking, trust, wealth management and investment services. It operates through the following segments: Commercial Bank, Retail Bank, Institutional Services and Wealth Management, and All Other. The Commercial Bank segment offers a wide range of credit products and banking services to middle-market and large commercial customers, mainly within the markets served by the company. The Retail Bank segment refers to the services to consumers and small businesses through the company’s branch network and several other delivery channels such as telephone banking, internet banking and ATMs. The Institutional Services and Wealth Management segment relates to helping high net worth individuals, institutions, and families grow, preserve and transfer wealth. The All Other segment reflects other activities of the company that are not directly attributable to the reported segments. The company was founded on August 30, 1856, and is headquartered in Buffalo, NY.
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