BUFFALO, N.Y., May 17, 2011 -- M&T Bank Corporation ("M&T") (NYSE:MTB) announced that it has declared a quarterly cash dividend of $.70 per share on its common stock.  The dividend will be payable June 30, 2011 to shareholders of record at the close of business on June 1, 2011.

M&T is a financial holding company headquartered in Buffalo, New York. M&T's banking subsidiaries, M&T Bank and M&T Bank, National Association, operate retail and commercial bank branches in New York, Pennsylvania, Maryland, Virginia, West Virginia, New Jersey, Delaware, Florida, the District of Columbia and Ontario, Canada.

Investor Contact:
Donald J. MacLeod
(716) 842-5138

Media Contact:
C. Michael Zabel
(716) 842-5385