M&T Bank Corporation Announces Preliminary Stress Capital Buffer
M&T Bank Corporation Announces Preliminary Stress Capital Buffer
BUFFALO, N.Y., June 28, 2024 /PRNewswire/ -- M&T Bank Corporation ("M&T" or the "Company") (NYSE: MTB) today announced the Federal Reserve Board has determined the Company's preliminary stress capital buffer ("SCB") requirement is 3.8%, down from 4.0% previously. The Federal Reserve Board will provide the Company's final SCB requirement on or before Aug. 31, 2024. Once finalized, the new SCB requirement will be in effect beginning on October 1, 2024.
M&T銀行公司(以下簡稱“公司”)(NYSE:MTB)今天宣佈,聯儲局已經確定了公司的預定壓力資本緩衝要求,下調至3.8%,前次爲4.0%。聯儲局將於2024年8月31日或之前確定公司的最終壓力資本緩衝需求。一旦最終確定,新的壓力資本緩衝要求將自2024年10月1日起生效。
The Company's regulatory minimum CET1 ratio implied by the preliminary SCB is now 8.3%, down from 8.5%. M&T expects the second quarter 2024 CET1 ratio to be over 11.35%.
公司的預付款SCB所暗示的監管最低CET1比率現在是8.3%,低於8.5%。M&T預計2024年第二季度的CET1比率將超過11.35%。
"The results of this year's stress test reflect the strength of the company's core earnings power, capital, and ongoing risk management work, including the reduction in the commercial real estate concentration," said Daryl Bible, M&T's Chief Financial Officer. "This strong capital position supports organic growth, as well as growth in new customer relationships and returning capital to shareholders over time."
M&T銀行的首席財務官Daryl Bible表示:“今年壓力測試的結果反映了公司的核心收益能力,資本和持續的風險管理工作,包括商業房地產集中度的降低。” “這種強大的資本地位支持有機增長,以及新客戶關係的增長和隨着時間的流逝向股東返還資本。”
On May 21, 2024, M&T's board of directors previously announced that it declared a quarterly cash dividend of $1.35 per share on its common stock. This represents an increase of $.05 per share, or 4 percent, from the previous $1.30 per share dividend paid in the first quarter of 2024. The dividend is payable June 28, 2024, to shareholders of record at the close of business on June 3, 2024.
2024年5月21日,M&T的董事會宣佈,其宣佈每股普通股派發季度現金股利1.35美元。這代表每股股利比2024年第一季度派發的每股1.30美元增加了0.05美元,增幅爲4%。該股息將於2024年6月28日支付給截至2024年6月3日營業結束時持有股份的股東。
About M&T
關於M&T
M&T Bank Corporation is a financial holding company headquartered in Buffalo, New York. M&T's principal banking subsidiary, M&T Bank, provides banking products and services in 12 states across the eastern U.S. from Maine to Virginia and Washington, D.C. Trust-related services are provided in select markets in the U.S. and abroad by M&T's Wilmington Trust-affiliated companies and by M&T Bank.
M&T銀行公司是一家總部位於紐約布法羅的金融控股公司。M&T的主要銀行子公司M&T銀行在東海岸從緬因州到弗吉尼亞州和華盛頓特區的12個州提供銀行產品和服務。M&T的威爾明頓信託附屬公司和M&T銀行在美國和海外提供選擇市場的信託相關服務。
Forward-Looking Statements
前瞻性聲明
This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 regarding the financial condition, results of operations, and future performance of M&T, including under hypothetical regulatory stress testing scenarios. Any statement that does not describe historical or current facts is a forward-looking statement, including statements based on current expectations, estimates and projections about M&T's business, and management's beliefs and assumptions. Forward-looking statements are typically identified by words such as "expect," "anticipate," "continue," "will," "would," or "may," or by variations of such words or by similar expressions. These statements are not guarantees of future performance and involve certain risks, uncertainties and assumptions that are difficult to predict. Many possible events or factors could affect M&T's future financial results and performance and could cause actual results or performance to differ materially from anticipated results or performance. M&T provides further detail regarding factors which could affect forward-looking statements in its Form 10-K for the year ended December 31, 2023, including in the Risk Factors section of such report, as well as in other SEC filings. Forward-looking statements speak only as of the date they are made, and M&T assumes no duty and does not undertake to update forward-looking statements.
本新聞稿包含根據1995年《私人證券訴訟改革法案》(Private Securities Litigation Reform Act of 1995)的有關M&T的財務狀況、業績和未來表現的前瞻性陳述,包括根據假設性監管壓力測試情景下的表現。任何不描述歷史事實或現狀的聲明都是前瞻性聲明,包括基於對M&T業務的當前預期、估計和投影以及管理層的信仰和假設的聲明。前瞻性聲明通常被識別爲“期望”、“預計”、“持續”、“將”、“可能”等語言或類似表述。這些聲明不是未來業績的保證,並涉及某些難以預測的風險、不確定性和假設。許多可能的事件或因素可能會影響M&T未來的財務結果和業績,並可能導致實際結果或表現與預期結果或表現有所不同。M&T在其截至2023年12月31日的10-K表中提供了有關可能影響前瞻性聲明的因素的更多詳細信息,包括在該報告的風險因素部分中,以及在其他SEC文件中。前瞻性聲明僅在其發佈時有效,M&T不承擔任何義務或責任更新前瞻性聲明。
Investor Contact:
Brian Klock
(716) 842-5138
投資者聯繫人:
Brian Klock
(716) 842-5138
Media Contact:
Frank Lentini
(929) 651-0447 / flentini@mtb.com
媒體聯繫人:
Frank Lentini
(929) 651-0447 / flentini@mtb.com
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SOURCE M&T Bank Corporation
資訊 M&T銀行股份有限公司