| Business Summary | | M&T
Bank
Corporation
is
a
bank
holding
company
that
conducts
its
business
through
two
wholly
owned
bank
subsidiaries,
Manufacturers
and
Traders
Trust
Company
and
M&T
Bank,
National
Association.
The
banks
collectively
offer
a
wide
range
of
commercial
banking,
trust
and
investment
services
to
their
customers.
The
Company's
segments
are
Commercial
Banking,
Commercial
Real
Estate,
Discretionary
Portfolio,
Residential
Mortgage
Banking
and
Retail
Banking.
As
of
December
31,
2000,
the
Company
had
consolidated
total
assets
of
$28.9
billion,
deposits
of
$20.2
billion
and
stockholders'
equity
of
$2.7
billion. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | M&T
Bank
is
a
bank
holding
company
for
Manufacturers
and
Traders
Trust
Company
and
M&T
Bank,
National
Association.
For
the
six
months
ended
6/01,
total
interest
income
rose
35%
to
$1.09
billion.
Net
interest
income
after
loan
loss
provision
rose
36%
to
$516.6
million.
Net
income
increased
28%
to
$178.5
million.
Net
interest
income
reflects
loan
growth,
and
increased
interests
from
investment
securities.
Earnings
were
partially
offset
by
higher
salary
expenses. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Robert Wilmers, 66 Chairman,
Pres, CEO | $936K | $1.8M | Carl Campbell, 57 Vice
Chairman | -- | -- | Jorge Pereira, 67 Vice
Chairman | -- | -- | Michael Pinto, 45 CFO,
Exec. VP | 560K | 1.0M | Robert Sadler, Jr., 55 Exec.
VP | 884K | 2.7M | Dollar amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|