M&T Bank Raises Prime Lending Rate to 7.00%

Macro
โดย PR Newswire·US·Read original
Summary · why it matters

M&T Bank Corporation will raise its prime lending rate from 6.75% to 7.00%, effective Thursday, September 17, 2026. The Buffalo, New York-based financial holding company announced the increase in a statement. M&T's principal banking subsidiary, M&T Bank, serves customers through a branch and ATM network spanning the eastern United States from Maine to Virginia and Washington, D.C., with trust-related services provided in select markets in the U.S. and abroad by its Wilmington Trust-affiliated companies.

Impact on stocks 2

Financials▲ · 1 stocks
M&T Bank Corporation
MTB
▲ PositiveMonetaryrelevance

M&T Bank raises its prime lending rate to 7.00%, lifting interest income on its loan book.

Others▲ · 1 stocks
％Canada Prime Rate
CAPRIMERATE
▲ PositiveMonetaryrelevance

The article reports a prime lending rate increase to 7.00%, consistent with a higher policy-rate environment.

Off-coverage companies 1

Wilmington TrustPrivate± Mixed
relevance

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