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BUFFALO, N.Y. - M&T Bank Corporation (NYSE:MTB) announced Tuesday it has declared a quarterly cash dividend of $1.50 per share on its common stock, representing an 11 percent increase from the previous $1.35 per share paid in the second quarter of 2025.
The dividend will be payable September 30, 2025, to shareholders of record at the close of business on September 2, 2025, according to a press release issued by the company.
This marks a $0.15 per share increase from the bank’s previous quarterly dividend payment.
M&T Bank Corporation is a financial holding company headquartered in Buffalo, New York. Its principal banking subsidiary, M&T Bank, provides banking products and services through a branch and ATM network spanning the eastern United States from Maine to Virginia and Washington, D.C.
The company also offers trust-related services in select U.S. markets and abroad through its Wilmington Trust-affiliated companies and M&T Bank.
In other recent news, M&T Bank reported impressive second-quarter 2025 earnings, with diluted net operating earnings per share reaching $4.28, surpassing the forecast of $3.99. The company’s revenue also exceeded expectations, totaling $2.4 billion against the projected $2.39 billion. Following these results, several financial firms adjusted their price targets for M&T Bank. BofA Securities raised its price target to $228 from $223, noting the earnings beat was driven by reduced credit costs and accelerated share buybacks. Truist Securities increased its price target to $220 from $215, citing improved credit and expense guidance. Citi adjusted its price target to $215 from $212, describing the quarterly results as strong despite a softer net interest income print. DA Davidson also raised its price target to $207 from $189, highlighting that core EPS beat consensus estimates by $0.21, driven by stronger fees and lower credit costs. These developments reflect the bank’s robust financial performance and strategic adjustments.
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