|Free Dividend Report|
|MTB Dividend History|
|MTB Stock Split History|
|MTB Preferred Stock|
|MTB Options Chain|
|Stock Message Boards|
M and T Bank (MTB) has 1 split in our MTB split history database. The split for MTB took place on October 06, 2000. This was a 10 for 1 split, meaning for each share of MTB owned pre-split, the shareholder now owned 10 shares. For example, a 1000 share position pre-split, became a 10000 share position following the split.
When a company such as M and T Bank splits its shares, the market capitalization before and after the split takes place remains stable, meaning the shareholder now owns more shares but each are valued at a lower price per share. Often, however, a lower priced stock on a per-share basis can attract a wider range of buyers. If that increased demand causes the share price to appreciate, then the total market capitalization rises post-split. This does not always happen, however, often depending on the underlying fundamentals of the business.
Looking at the MTB split history from start to finish, an original position size of 1000 shares would have turned into 10000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into M and T Bank shares, starting with a $10,000 purchase of MTB, presented on a split-history-adjusted basis factoring in the complete MTB split history.
Growth of $10,000.00
With Dividends Reinvested
|Average Annual Total Return:||11.01%|
Growth of $10,000.00
Without Dividends Reinvested
|Average Annual Total Return:||10.04%|
|About M and T Bank|
|M&T Bank is a bank holding company. Through its subsidiaries, Co. provides individuals, corporations and other businesses, and institutions with commercial and retail banking services, including loans and deposits, trust, mortgage banking, asset management, insurance and other financial services. Banking activities are primarily focused on consumers residing in New York State, Maryland, New Jersey, Pennsylvania, Delaware, Connecticut, Virginia, West Virginia and the District of Columbia and on small and medium-size businesses based in those areas. Certain subsidiaries also conduct activities in other areas. According to our MTB split history records, M and T Bank has had 1 split.|
|MTB Split History Table|
|10/06/2000||10 for 1|
|Financials Stock Splits|
|MTB is categorized under the Financials sector; below are some other companies in the same sector that also have a history of stock splits:
Also explore: MTB shares outstanding history