M&T Bank Corporation, a well-known banking group, has been given a neutral rating by UBS.

The bank operates primarily through three business lines:

• Retail Banking, which contributes 61.2% of net interest income
• Commercial Banking at 33.8%
• Other services, including corporate and institutional clients, making up the remaining 5%

As of the end of 2023, M&T Bank reported current deposits of USD 131.9 billion and current loans of USD 163.3 billion.

The bank offers a wide range of standard and specialized banking products, such as leasing, factoring, and insurance, to cater to diverse clients.