M&T Bank is a bank holding company. Through its subsidiaries, Co. provides individuals, corporations and other businesses, and institutions with commercial and retail banking services, including loans and deposits, trust, mortgage banking, asset management, insurance and other financial services. Banking activities are focused on consumers residing in New York State, Pennsylvania, Maryland, Delaware, Virginia and the District of Columbia. Co. has six reportable segments: Business Banking, Commercial Banking, Commercial Real Estate, Discretionary Portfolio, Residential Mortgage Banking and Retail Banking. At Dec 31 2012, Co. had total assets of $83.01 billion and deposits of $65.61 billion.
Thu, Feb 13, 12:02 PM, Zacks M&T Bank Restates Q4 Earnings - Analyst Blog Following the settlement of the lawsuit of its Wilmington Trust unit, M&T Bank Corporation (MTB) announced revised GAAP earnings for fourth-quarter 2013 and full-year 2013. For the resolution of the case which was filed in Delaware Chancery Court in Wilmington, the company increased litigation reserves by $40 million as of Dec 31, 2013.
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