M&T BANK CORP

M&T Bank Corporation announced the election of Jeremy M. Jacobs, Jr., CEO of Delaware North Companies, Inc., to its Board of Directors, effective June 16, 2026. Mr. Jacobs was also appointed to the board of M&T Bank, the company's main banking subsidiary. M&T's CEO, René Jones, emphasized Jacobs' strong leadership, operational expertise, and deep community ties as valuable additions to the board.

M&T Bank Corp reported a strong first quarter for 2026, with net income increasing by 13.7% to $664 million and diluted EPS rising 24.4% to $4.13. The bank saw growth in both net interest income and total other income. Additionally, M&T Bank increased its common stock cash dividend to $1.50 per share and significantly increased share repurchases, while also redeeming $400 million in preferred stock.

M&T Bank Corporation released an investor presentation for the second quarter of 2026, highlighting strong financial performance in fiscal year 2025 and providing a positive outlook for 2026. The bank achieved record net operating income and EPS in 2025, alongside significant capital returns to shareholders. The presentation also detailed consistent asset quality improvement, robust loan growth excluding CRE, and strong fee income growth with disciplined expenses.

M&T Bank Corporation announced the closing of its public offering of $500,000,000 aggregate principal amount of 5.295% Fixed Rate Reset Subordinated Notes, Series B. These notes are due on April 18, 2036. The offering was registered under the Securities Act of 1933.

M&T Bank Corporation filed an exhibit (99.2) related to its first quarter 2026 earnings presentation. This document primarily outlines forward-looking statements, associated risks, and uncertainties that could impact actual outcomes. The specific financial results for the quarter were not detailed within this particular exhibit.