SCHEDULE 13G: State Street Corporation Discloses 4.9% Stake in M&T Bank Corp

State Street Corporation has filed a Schedule 13G, revealing a beneficial ownership of 4.9% of M&T Bank Corp's common stock as of March 31, 2025.

Summary

• State Street Corporation reported beneficial ownership of 8,058,474 shares of M&T Bank Corp common stock.
• This ownership represents 4.9% of the total class of M&T Bank Corp's common stock.
• State Street Corporation holds shared voting power over 1,231,583 shares.
• State Street Corporation holds shared dispositive power over all 8,058,474 beneficially owned shares.
• The filing was made under Rule 13d-1(b), indicating State Street Corporation is a parent holding company.
• The securities were acquired and are held in the ordinary course of business, not for the purpose of changing or influencing control of M&T Bank Corp.

Sentiment

Score: 5

Explanation: The document is a routine Schedule 13G filing disclosing beneficial ownership, which is purely informational and does not contain performance data or forward-looking statements that would indicate positive or negative sentiment.

Positives

• NA

Negatives

• NA

Risks

• NA

Future Outlook

NA

Management Comments

• State Street Corporation certifies that the securities were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities.

Industry Context

NA

Stakeholder Impact

• Shareholders: Provides transparency regarding significant institutional ownership in M&T Bank Corp.
• Investors: Offers insight into institutional holdings, potentially signaling confidence from a major asset manager like State Street Corporation.

Key Dates

Keywords

M&T Bank Corp, State Street Corporation, Schedule 13G, beneficial ownership, common stock, institutional investor, SEC filing, bank, financial services