BUFFALO, N.Y., Aug. 18, 2020 -- M&T Bank Corporation ("M&T") (NYSE: MTB) announced that it has declared a quarterly cash dividend of $1.10 per share on its common stock.  The dividend will be payable September 30, 2020 to shareholders of record at the close of business on September 1, 2020.

About M&T Bank
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, Maryland, New Jersey, Pennsylvania, Delaware, Connecticut, Virginia, West Virginia and the District of Columbia. Trust-related services are provided by M&T's Wilmington Trust-affiliated companies and by M&T Bank.

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

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