M&T Bank Director Barnes Sells 15,000 Shares at $199.79

M&T Bank Corp. recently announced that John P. Barnes, a director of the company, has sold 15,000 shares at a price of $199.79 per share on August 22, 2025.

M&T Bank Corporation (NYSE: MTB) recently saw a director, John P. Barnes, sell 15,000 shares at a price of $199.79 per share on August 22, 2025. This transaction was disclosed through a standard Section 16 filing [2] and is part of the routine insider trading activities reported by the bank. The sale was executed in multiple trades, with prices ranging from $199.41 to $199.99, resulting in a weighted average sale price of $199.7862.

The sale of the shares does not appear to be motivated by any specific operational or financial performance information about the issuer, as the filing does not provide such details. Instead, it reflects Barnes' decision to dispose of a portion of his holdings. The filing also indicates that Barnes continues to hold an indirect position of 17,866 shares through a living trust [2].

M&T Bank's recent financial performance has been robust, with the bank announcing an 11% increase in its quarterly cash dividend. The dividend, rising from $1.35 to $1.50 per share, is payable on September 30, 2025, to shareholders of record as of September 2, 2025 [1]. This increase follows a 4% rise in May 2024, marking the bank's ninth consecutive year of dividend growth. The bank's strong second quarter performance in 2025, with diluted net operating earnings per share of $4.28 and total revenue of $2.4 billion, further underscores its financial health [1].

The bank's capital position remains robust, with a Common Equity Tier 1 (CET1) capital ratio of 10.98% as of June 30, 2025. This ratio, while slightly lower than the 11.50% reported in March 2025, reflects aggressive share repurchases totaling $1.1 billion during the second quarter [1]. These buybacks, coupled with a 14% year-over-year increase in diluted earnings per share, illustrate the bank's strategic focus on enhancing shareholder value while maintaining a strong capital base.

The recent insider sale of 15,000 shares by Barnes does not appear to indicate any immediate concerns about the bank's financial health or future prospects. Instead, it reflects a routine insider trading activity in line with the bank's ongoing commitment to transparency and compliance with regulatory requirements.

References:
[1] https://www.asktraders.com/analysis/m-t-bank-stock-jumps-on-dividend-hike-amid-strong-financials/
[2] https://www.stocktitan.net/sec-filings/MTB/form-4-m-t-bank-corp-insider-trading-activity-70be8b458e31.html