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Home > Company Index > Banking > Banking - Northeast > M&T Bank Corporation

M&T Bank Corporation
NYSE: MTB
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 NEWS FROM THE WIRES
M&T Bank cuts prime rate to 6.5 pct
Aug 21 2001 11:28 AM PDT

RESEARCH ALERT-Salomon cuts mid-cap banks' ratings
Jul 23 2001 09:01 AM PDT

RESEARCH ALERT-Lehman cuts M&T Bank rating
Jul 20 2001 08:58 AM PDT

More WIRE STORIES about this company

 PROFILE
M&T Bank Corporation is the holding company for M&T Bank, which operates about 450 branches in New York and Pennsylvania. Founded in 1856, the bank offers retail services (deposit accounts, CDs, and money market accounts) to individuals and small- to midsized businesses; credit, securities, insurance, and real estate lending services are also available. Subsidiaries provide investment, leasing, mortgage reinsurance, and consumer credit services. The company also has a mortgage origination subsidiary, M&T Mortgage, which operates in about 10 states. M&T Bank acquired Pennsylvania-based Keystone Financial and upstate New York's Premier National Bancorp. Both banks were merged into M&T Bank.

 COMPETITION
Astoria Financial Corporation (ASFC)
First Union Corporation (FTU)
HSBC USA Inc. (dossier)

 STOCK ANALYSIS
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FURTHER ANALYSIS
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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 2,097.50
1-Yr. Sales Growth: 19.1%
Employees: 8,736
Revenue per employee: $240,098.44

 KEY PEOPLE
• Robert G. Wilmers
    CEO
• Michael P. Pinto
    CFO

 CONTACT INFO
1 M&T Plaza
Buffalo, NY 14203
US
Phone: 716-842-5445
Fax: 716-842-5621
Online: Web Site

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