About this security
MTB-P-J is a 7.5% non-cumulative perpetual preferred stock issued by M&T BANK CORP, a Banks issuer. $25 liquidation preference, current yield 7.24%, callable from 2029-06-15.
M&T BANK CORP: M&T Bank Corporation is a bank holding company for Manufacturers and Traders Trust Company and Wilmington Trust, National Association, providing retail and commercial banking products and services across the United States. The company operates through three segments — Commercial Bank, Retail Bank, and Institutional Services and Wealth Management — offering commercial lending and leasing, commercial real estate loans, and cash management services to middle-market and large commercial customers. Following its 2022 merger with People's United Financial, M&T Bank operates a network of over 1,000 branches and 2,200 ATMs spanning 12 states from Maine to Virginia and Washington, D.C. The bank, founded in 1856 and headquartered in Buffalo, New York, holds approximately $213.5 billion in total assets and employs roughly 21,800 people. ↗
Key Stats ✓ terms from SEC 424B5 — verify via link below
vs. Banks category (73 issues): yield 7.24% vs avg 6.52% · discount +3.6% vs avg -14.7%
Quote
| MTB-P-J (preferred) | MTB (common) | |
|---|---|---|
| Last | $25.90 | $231.88 |
| Change | — | — |
| Open | $25.92 | $229.65 |
| High / Low | $26.00 / $25.81 | $232.03 / $229.18 |
| Prev Close | — | — |
| Volume | 58,617 | 1,027,574 |
| 52-Week High / Low | $27.49 / $25.50 | $239.00 / $174.76 |
52-week range based on available history. Shares outstanding / market cap require a fundamentals feed (not in current data plan).
Price
Dividend History
| Ex-Date | Amount / Share |
|---|---|
| 2026-06-01 | $0.468750 |
| 2026-03-02 | $0.468750 |
| 2025-12-01 | $0.468750 |
| 2025-09-02 | $0.468750 |
| 2025-06-02 | $0.468750 |
| 2025-03-03 | $0.468750 |
| 2024-12-02 | $0.468750 |
| 2024-09-03 | $0.635425 |
Performance — $10K Calculator
Dividends reinvested (DRIP) at the close on each ex-date. Full performance page →
Prospectus (SEC 424B5)
We are offering 30,000,000 depositary shares, each representing a 1/400th ownership interest in a share of our Perpetual 7.500% Non-Cumulative Preferred Stock, Series J, par value $1.00 per share, with a $10,000 liquidation preference per share (equivalent to $25 per depositary share) (the "Preferred Stock").
Use of proceeds: Net proceeds will be used for general corporate purposes, which may include the redemption of existing preferred stock.
Other Securities from M&T BANK CORP
| Symbol | Type | Coupon | Price | Yield |
|---|---|---|---|---|
| MTB-P-H | preferred | 5.625% | 25.00 | 5.63% |
| MTB-P-K | preferred | 6.350% | 24.67 | 6.43% |
News — M&T BANK CORP
- VT Lottery Powerball, Gimme 5 results for June 15, 2026 — aol.com · Jun 16, 2026
- Towarzystwo Funduszy Inwestycyjnych PZU SA Sells 44,002 Shares of L3Harris Technologies Inc $LHX — thelincolnianonline.com · Jun 15, 2026
- Shopify Inc. $SHOP Stake Boosted by Sands Capital Management LLC — thelincolnianonline.com · Jun 15, 2026
- Towarzystwo Funduszy Inwestycyjnych PZU SA Makes New Investment in SiTime Corporation $SITM — thelincolnianonline.com · Jun 15, 2026
- Baltimore violence prevention summit to be held at M&T Bank Stadium — aol.com · Jun 15, 2026
- Fieldview Capital Management LLC Decreases Stock Holdings in General Dynamics Corporation $GD — thelincolnianonline.com · Jun 15, 2026
- Sands Capital Alternatives LLC Trims Stock Holdings in Tarsus Pharmaceuticals, Inc. $TARS — thelincolnianonline.com · Jun 15, 2026
- VT Lottery Pick 3, Pick 3 Evening results for June 14, 2026 — aol.com · Jun 15, 2026
Issuer news via Tiingo, tagged to MTB.