15 May 2018

BUFFALO, N.Y. --  M&T Bank Corporation ("M&T") (NYSE:MTB) announced that it has declared a quarterly cash dividend of $.80 per share on its common stock.  This represents an increase of $.05 per share, or 7%, from the previous $.75 per share dividend paid quarterly since March 2017.  The dividend will be payable June 29, 2018 to shareholders of record at the close of business on June 1, 2018.

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 
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