M&T Bank Corp (MTB)

[winston]

not vested

M&T Bank Corporation operates as the holding company for M&T Bank that provide commercial and retail banking services to individuals, corporations and other businesses, and institutions.

It offers demand, savings, time deposits, and NOW accounts; business loans and leases, including loans guaranteed by the small business administration; business credit cards; and financial services, such as cash management, payroll and direct deposit, merchant credit card, and letters of credit.

The company also originates, sells, and services commercial real estate loans; and offers short-term and long-term borrowed funds, brokered certificates of deposits, interest rate swap agreements, and foreign exchange services, as well as invests and trades in securities.

In addition, the company provides consumer installment loans, automobile loans, home equity loans, and lines of credit; investment products, including mutual funds and annuities; trust, fiduciary, and custodial services; reinsurance of credit life and accident, and health insurance; insurance agency services; securities brokerage and investment advisory services; and investment management services to certain private funds.

http://todaysbigstock.com/2013/02/26/mt ... -nyse-mtb/

[winston]

MTB starts another rally

M&T Bank Corporation operates as the holding company for M&T Bank and Wilmington Trust, National Association that provide commercial and retail banking services.

The company’s Business Banking segment offers deposit, lending, cash management, and other financial services to small businesses and professionals.

Its Commercial Banking segment provides commercial lending and leasing, letters of credit, deposit products, and cash management services to middle-market and large commercial customers.

The company’s Commercial Real Estate segment offers credit services, which are secured by various types of multifamily residential and commercial real estate properties, as well as deposit services.

Its Discretionary Portfolio segment provides securities, residential mortgage loans, and other assets; short-term and long-term borrowed funds; brokered deposits; and Cayman Islands branch deposits, as well as foreign exchange services.

The company’s Residential Mortgage Banking segment originates and services residential real estate loans and sells those loans in the secondary market; and purchases servicing rights to loans originated by other entities. Its Retail Banking segment offers demand, savings, and time accounts; consumer installment loans, automobile loans, home equity loans and lines of credit, and credit cards; mutual funds and annuities; and other services.

Source: Wealth Blueprint Letter

http://wealthblueprintletter.com/mtb-st ... 73ee49c7fa