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'Over the Edge' fundraiser to benefit moms, kids and families in WNY

'Over the Edge' fundraiser to benefit moms, kids and families in WNY
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M&T Bank Corporation Announces First Quarter Results

M&T Bank Corporation Announces First Quarter Results
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BUFFALO, N.Y., April 19, 2021 /PRNewswire/ M&T Bank Corporation ( M&T ) (NYSE: MTB) today reported its results of operations for the quarter ended March 31, 2021.
GAAP Results of Operations. Diluted earnings per common share measured in accordance with generally accepted accounting principles ( GAAP ) were $3.33 in the first quarter of 2021, compared with $1.93 in the year-earlier quarter and $3.52 in the fourth quarter of 2020. GAAP-basis net income was $447 million in the recent quarter, $269 million in the first quarter of 2020 and $471 million in the final 2020 quarter. GAAP-basis net income in the initial 2021 quarter expressed as an annualized rate of return on average assets and average common shareholders equity was 1.22% and 11.57%, respectively, compared with .90% and 7.00%, respectively, in the corresponding 2020 period and 1.30% and 12.07% ....

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M&T Bank Corporation Announces Agreement to Acquire People's United Financial, Inc.

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BUFFALO, N.Y. and BRIDGEPORT, Conn., Feb. 22, 2021 /PRNewswire/ M&T Bank Corporation (NYSE: MTB) ( M&T ) and People s United Financial, Inc. (NASDAQ: PBCT) ( People s United ) announced today that they have entered into a definitive agreement under which M&T will acquire People s United in an all-stock transaction.
The combined company will create a diversified, community-focused banking franchise with approximately $200 billion in assets and a network of more than 1,100 branches and over 2,000 ATMs that spans 12 states from Maine to Virginia and the District of Columbia. The combined franchise will operate across some of the most populated and attractive banking markets in the U.S. As part of the transaction, People s United s current headquarters in Bridgeport, Connecticut will become the New England regional headquarters for M&T, further strengthening the combined company s commitment to Connecticut and the region. ....

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