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Buffalo, New York-based M&T Bank Corporation (MTB) is a bank holding company that provides a wide range of financial services. Valued at a market cap of $35.2 billion, the company offers commercial banking, retail banking, business lending, mortgages, wealth management, and investment services to individuals, small businesses, and large corporations.
This bank holding company has outperformed the broader market over the past 52 weeks. Shares of MTB have soared 15% over this time frame, while the broader S&P 500 Index ($SPX) has gained 11.7%. Moreover, on a YTD basis, the stock is up 13.7%, compared to SPX’s marginal rise.
