M&T Bank

M&T Bank Corporation is a bank holding company with its headquarters in Buffalo, New York. They have over 700 branches in several states across the United States and they are ranked 455th on the Fortune 500 list. The company has done extremely well, showing a profit in every quarter since 1976. They also joined a very short list of companies not to lower dividends during the financial crisis that happened in 2007. The bank owns several other smaller banks including the Buffalo Savings Bank in Buffalo, New York, and M&T Bank sponsors the M&T Bank Stadium, which is home to the Baltimore Ravens professional football team. They have over 16,000 employees as of 2017 and employment opportunities may include things like lines assistant, business banking relationship manager, middle-market relationship manager, tellers, security, loan officers, technology managers, and asset managers.

This bank was founded in 1856 in Western New York as the Manufacturers and Traders Trust Company. The first branch was opened on August 29, 1856, located in Buffalo, New York. Robert Wilmers was named chairman and Chief Executive Officer in 1983 and served in that position until he died in 2017. M&T bank continues to grow, having acquired 20 different financial institutions between 1987 and 2009. Their main products are retail banking, commercial banking, investment management, investment banking and private banking.

Although M&T Bank is a holding company that is based in Buffalo, New York, there are 780 branches spread throughout New York, Pennsylvania, New Jersey, Maryland, Virginia, Delaware, West Virginia, Connecticut, and Washington DC. They are a publicly traded company that reported $5.63 billion in revenue as of the 2017 fiscal year with revenue per share at $37.88. They also showed positive quarterly revenue growth at 6.2 percent and had a gross profit reported at $5.46 billion.