BUFFALO, N.Y., Oct. 17, 2012 -- M&T Bank Corporation ("M&T") (NYSE: MTB) announced that it has declared quarterly cash dividends of $12.50 per share on each of its Series A (NYSE: MTBPr) and Series C (NYSE: MTBPrC) preferred stock. The dividends will be payable November 15, 2012 to shareholders of record at the close of business on October 31, 2012.

M&T is a financial holding company headquartered in Buffalo, New York.  M&T's principal banking subsidiary, M&T Bank, operates banking offices in New York, Pennsylvania, Maryland, Virginia, West Virginia, Delaware and the District of Columbia.  Trust-related services are provided by M&T's Wilmington Trust-affiliated companies and by M&T Bank.