M&T Bank Corp Announces New Series K Preferred Stock

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The new Series K Preferred Stock was registered under the Securities Act of 1933 and offered through a public offering completed on October 31, 2025. The Series K Preferred Stock ranks senior to common stock and certain other preferred stock series of M&T, with noncumulative dividends at a rate of 6.350% per annum, payable quarterly. The new series has voting rights in specific circumstances and is perpetual with a redemption option available from December 15, 2030, onwards.

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About M&T Bank Corporation

M&T Bank Corporation is a prominent financial holding company that provides a range of banking services to its clients. As a key player in the financial industry, M&T Bank focuses on offering a comprehensive suite of banking solutions, including commercial banking, retail banking, investment advisory, and wealth management services. Known for its community-centric approach, the corporation plays a vital role in financing small and medium-sized enterprises, thereby supporting local economies and fostering economic growth across its service regions. M&T Bank operates through a vast network of branches located primarily in the Eastern United States, leveraging its intimate knowledge of regional markets to provide personalized services to individuals, businesses, and government entities. Established in 1856 and headquartered in Buffalo, New York, M&T Bank has grown through a series of strategic acquisitions, enhancing its market presence and financial stability. The corporation's commitment to reliability and its strong financial underpinnings make it a respected institution in the banking landscape, recognized for its consistent performance and community involvement.