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M&T Bank Corporation operates as a bank holding company. Its primary business is conducted through its wholly-owned subsidiary, M&T Bank, a full-service commercial bank. The company offers a comprehensive range of financial services to individuals, businesses, and municipalities. These services include commercial and retail banking, commercial real estate lending, and equipment financing. Deposit products include checking accounts, savings accounts, money market accounts, and certificates of deposit. Loan products encompass residential mortgages, home equity loans, auto loans, and various commercial loans. M&T Bank also provides wealth management services, including investment management, trust services, and retirement planning. The company primarily serves customers in New York, Maryland, Pennsylvania, Virginia, West Virginia, Delaware, and Washington D.C., as well as in parts of New Jersey and Connecticut. It holds a significant regional market position within these areas.
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