M&T Bank Overview

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M&T Bank traces its origins to the founding of Manufacturers and Traders Bank in Buffalo, New York. As a result of mergers, acquisitions and name changes, M&T Bank Corporation's principal bank is now known as Manufacturers and Traders Trust Company, or M&T Bank. M&T Bank reorganized under a bank holding company in 1969 called First Empire State Corporation. The name was changed in 1998 to M&T Bank Corporation, whose common stock is listed on the New York Stock Exchange and trades under the symbol "MTB." M&T Bank Corporation had $123 billion in assets as of December 31, 2015, and is one of the 20 largest commercial bank holding companies in the U.S. M&T Bank has over 800 domestic branches & over 1,500 ATM's across New York, Maryland, New Jersey, Pennsylvania, Delaware, Connecticut, Virginia, West Virginia, and Washington D.C.
The staff at M&T Bank come from unusually diverse demographic backgrounds. The company is 58.0% female and 42.2% ethnic minorities. Despite its diversity in other areas, M&T Bank employees are noticeably lacking in political diversity. It has an unusually high proportion of employees who are members of the Democratic Party, at 68.0%. Employees seem to enjoy working in an otherwise diverse workplace that is dominated by members of the Democratic Party. M&T Bank has great employee retention with staff members usually staying with the company for 5.1 years. The average employee at M&T Bank makes $45,852 per year. Pay at M&T Bank is significantly lower than some of its highest paying competitors, like Morgan Stanley, BNY Mellon, and Bank of the West, which pay $103,933, $86,819, and $83,013, respectively.
M&T Bank is an industry leader with 16,840 employees and an annual revenue of $6.0B that is headquartered in Buffalo, NY.

The Organization’s Mission

To make a difference in people's lives. Our employees are an important part of it all. It's the little things that can make a big difference. We understand what's important to our customers – and our employees.


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Job Openings
1,885 Positions
Average Salary
$45,852 yearly

M&T Bank Reviews

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The Culture At M&T Bank

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The Team At M&T Bank

Key People

René F. Jones

M&T Bank Rankings

M&T Bank is ranked #63 on the Best Finance Companies to Work For in New York list. Zippia's Best Places to Work lists provide unbiased, data-based evaluations of companies. Rankings are based on government and proprietary data on salaries, company financial health, and employee diversity.

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M&T Bank Salaries

Salary Score
The national average salary for a M&T Bank employee in the United States is $45,852 per year. Employees in the top 10 percent can make over $89,000 per year, while employees at the bottom 10 percent earn less than $23,000 per year.
Average M&T Bank Salary
$22.04 hourly
Updated March 16, 2023
Average Employee Earnings

Highest Paying Jobs At M&T Bank

M&T Bank Diversity

Diversity Score
We calculated the diversity score of companies by measuring multiple factors, including the ethnic background, gender identity, and language skills of their workforce.

M&T Bank Gender Distribution


Research Summary. Using a database of 30 million profiles, Zippia estimates demographics and statistics for M&T; Bank. Our estimates are verified against BLS, Census, and current job openings data for accuracy. After extensive research and analysis, Zippia's data science team found that:

  • M&T; Bank has 16,840 employees.

  • 58% of M&T; Bank employees are women, while 42% are men.

  • The most common ethnicity at M&T; Bank is White (58%).

  • 16% of M&T; Bank employees are Black or African American.

  • 13% of M&T; Bank employees are Hispanic or Latino.

  • The average employee at M&T; Bank makes $45,852 per year.

  • M&T; Bank employees are most likely to be members of the democratic party.

  • On average, employees at M&T; Bank stay with the company for 5.1 years.

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M&T Bank Employee Political Affiliation

M&T Bank employees are most likely to be members of the Democratic Party. The largest donation made to a political party by a M&T Bank employee was by Robert Wilmers. Robert Wilmers donated $355,900 to the Democratic Party.

M&T Bank


Democratic Party

68.0 %

Republican Party

31.3 %

Libertarian Party

0.7 %
Employee Political Donations
NameJob TitlePartyDonation
Robert WilmersChief Executive OfficerDemocratic Party$355,900
Brian HickeyBankerDemocratic Party$19,500
Brent BairdAttorneyDemocratic Party$13,000
Mark CzarneckiBank PresidentDemocratic Party$12,400
Ruben BurgosRelationship BankerDemocratic Party$10,000
Robert BojdakCredit OfficerDemocratic Party$8,875
Robert HarraBankerRepublican Party$6,900
Rene JonesVice ChairpersonDemocratic Party$5,400
Richard GoldBankerDemocratic Party$4,000
Robert CrosswhiteExecutiveRepublican Party$3,500
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M&T Bank Financial Performance

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M&T Bank Subsidiaries

Subsidiaries to M&T Bank include Wilmington Trust. Employees at the parent company, M&T Bank, earn $45,852 whereas employees at Wilmington Trust earn $59,621, on average.
Average Salarydesc

Wilmington Trust

Salary Range41k - 86k$60k$59,621

Highest Paying M&T Bank Competitors

Based on our research, similar companies to M&T; Bank are Morgan Stanley, BNY Mellon, and Bank of the West. The wages at Morgan Stanley average higher than the other similar companies, where the median salary is $103,933 per year. Employees at BNY Mellon earn an average of $86,819 per year, and the employees at Bank of the West earn an average salary of $83,013 per year.

Frequently Asked Questions about M&T Bank

When was M&T Bank founded?

M&T Bank was founded in 1856.

How many Employees does M&T Bank have?

M&T Bank has 16,840 employees.

How much money does M&T Bank make?

M&T Bank generates $6.0B in revenue.

What industry is M&T Bank in?

M&T Bank is in the finance industry.

What is M&T Bank's mission?

M&T Bank's mission statement is "To make a difference in people's lives. Our employees are an important part of it all. It's the little things that can make a big difference. We understand what's important to our customers – and our employees."

What type of company is M&T Bank?

M&T Bank is a public company.

Who are M&T Bank's competitors?

M&T Bank competitors include Huntington National Bank, Citi, BNY Mellon, Morgan Stanley, T. Rowe Price, Prudential Retirement Insurance And Annuity Co On Behalf Of Its Separate Account Ssa-4642 Fire, KeyBank, U.S. Bank, Wells Fargo, Bank of America, Citizens Financial Group, BB&T, Regions Bank, SunTrust, Bank of the West, Wilmington Trust, Fifth Third Bank, TCF Financial, Citizens Bank of Amsterdam, JPMorgan Chase & Co..

Who works at M&T Bank?

René F. Jones (CEO)

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Zippia gives an in-depth look into the details of M&T Bank, including salaries, political affiliations, employee data, and more, in order to inform job seekers about M&T Bank. The employee data is based on information from people who have self-reported their past or current employments at M&T Bank. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by M&T Bank. The data presented on this page does not represent the view of M&T Bank and its employees or that of Zippia.

M&T Bank may also be known as or be related to M And T Bank Welfare Benefits Trust, M&T, M&T Bank, M&T Bank Corp. (Investment Management), M&T Bank Corporation and M&T Bank Inc.