Rene Jones - MT Bank Chairman of the Board, Chief Executive Officer

MTB Stock  USD 177.54  0.48  0.27%   

Chairman

Mr. Rene F. Jones is Chairman of the Board, Chief Executive Officer of the Company. He is a director and member of the Executive Committee and of the Trust and Investment Committee of MT Bank. Mr. Jones served as an Executive Vice President of MT from 2006 to 2017. He served as Chief Financial Officer of MT and MT Bank from 2005 to 2016 and as a Vice Chairman of MT Bank from 2014 to 2017. Mr. Jones serves on the Board of Directors of the Westminster Foundation in Buffalo, New York and the Jacobs Institute, a nonprofit medical device innovation center in Buffalo, New York. He is on the Board of Overseers of the Massachusetts Historical Society and is a trustee of the Burchfield Penney Art Center in Buffalo, New York. Mr. Jones joined MT Bank in 1992 as an Executive Associate and has over 25 years of experience in banking. He has served MT Bank in numerous executive and managerial positions in the Finance, Wealth and Institutional Services, Human Resources, Consumer Lending, Mortgage, and Treasury Divisions which have provided him with valuable institutional knowledge since 2017.
Age 56
Tenure 8 years
Professional MarksMBA
Phone716 635 4000
Webhttps://www.mtb.com
Jones holds a BS in Management Science from Boston College and a MBA with concentrations in Finance, Organization and Markets from the University of Rochester Simon School of Business.

MT Bank Management Efficiency

The company has Return on Asset of 0.0124 % which means that on every $100 spent on assets, it made $0.0124 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0925 %, implying that it generated $0.0925 on every 100 dollars invested. MT Bank's management efficiency ratios could be used to measure how well MT Bank manages its routine affairs as well as how well it operates its assets and liabilities.
MT Bank has 1.06 B in debt with debt to equity (D/E) ratio of 6.59, demonstrating that the company may be unable to create cash to meet all of its financial commitments. Note however, debt could still be an excellent tool for MTB to invest in growth at high rates of return.

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MT Bank Corporation operates as a bank holding company that provides commercial and retail banking services. MT Bank Corporation was founded in 1856 and is headquartered in Buffalo, New York. MT Bank operates under BanksRegional classification in the United States and is traded on New York Stock Exchange. It employs 22879 people. MT Bank (MTB) is traded on New York Stock Exchange in USA. It is located in One M&T Plaza, Buffalo, NY, United States, 14203 and employs 21,873 people. MT Bank is listed under Banking category by Fama And French industry classification.

Management Performance

MT Bank Leadership Team

Elected by the shareholders, the MT Bank's board of directors comprises two types of representatives: MT Bank inside directors who are chosen from within the company, and outside directors, selected externally and held independent of MTB. The board's role is to monitor MT Bank's management team and ensure that shareholders' interests are well served. MT Bank's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, MT Bank's outside directors are responsible for providing unbiased perspectives on the board's policies.
Francesco Lagutaine, Senior Vice President Chief Marketing and Communications Officer
Sarah Knakmuhs, Chief Officer
Glenn Jackson, Group Vice President Chief Diversity Officer
Michael Todaro, Executive Vice President, Chief Risk Officer
Michele Trolli, Executive Vice President and head of corporate operations and enterprise initiatives
Melinda Rich, Independent Director
Newton Merrill, Independent Director
Eugene MSc, Senior Executive
Robert Sadler, Independent Director
Gino Martocci, Executive Vice President
Annemarie Schovee, Managing Director
Tracy Woodrow, Chief Human Resource Officer, Executive Vice President
Hugh Giorgio, Head Banking
Michael Spychala, Controller VP
John Barnes, Director
John Hawke, Independent Director
John Rumschik, Senior President
Charles Pinckney, Regional Market
David Hollis, Senior Officer
Robert Bojdak, Executive Vice President Chief Credit Officer
Doris Meister, Executive Vice President
Daryl Bible, Senior Officer
Richard Ledgett, Independent Director
C Bontempo, Independent Director
Edward Tierney, Senior President
Denis Salamone, Independent Director
Herbert Washington, Independent Director
Calvin Butler, Independent Director
Marianne Roche, Chief Mang
Richard Grossi, Independent Director
Laura OHara, Senior Vice President General Counsel
Rene Jones, Chairman of the Board, Chief Executive Officer
Jennifer Warren, Executive Vice President
Leslie Godridge, Independent Director
William Farrell, Executive Vice President
Angelo D, Executive Vice President and director of environmental, social, and governance
Darren King, Chief Financial Officer, Executive Vice President
Krik Walters, Director
Julianne Urban, Senior Auditor
John Scannell, Independent Director
Brian Klock, Senior Vice President
Gary Geisel, Independent Director
Rene CPA, Chairman CEO
Christopher Kay, Executive Vice President and Head of Consumer Banking, Business Banking and Marketing
Aarthi Murali, Chief Customer Experience Officer
Michael Keegan, Head Banking
Richard Gold, Chief Risk Officer,Executive VP, Vice Chairman of MandT Bank and Chief Risk Officer of MandT Bank
Christopher JD, Senior Platforms
Laura JD, Senior Officer
Kevin Pearson, Executive VP, Vice Chairman of MandT Bank and Executive VP of The MandT Bank
Rudina Seseri, Independent Director
Daryl CFA, Chief Officer
Janet Coletti, Executive Vice President
T Cunningham, Independent Director
Jane Chwick, Director
David Scharfstein, Independent Director
Michael Wisler, Senior Officer
Grace Lee, Regional Banking
Robert Brady, Non-Executive Vice Chairman of the Board, Lead Independent Director
D Warman, Executive Vice President Treasurer
William Cruger, Director
Matthew Calhoun, Senior Network

MTB Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is MT Bank a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Also Currently Popular

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When determining whether MT Bank offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of MT Bank's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Mt Bank Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Mt Bank Stock:
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Is Banking space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of MT Bank. If investors know MTB will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about MT Bank listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of MT Bank is measured differently than its book value, which is the value of MTB that is recorded on the company's balance sheet. Investors also form their own opinion of MT Bank's value that differs from its market value or its book value, called intrinsic value, which is MT Bank's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because MT Bank's market value can be influenced by many factors that don't directly affect MT Bank's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between MT Bank's value and its price as these two are different measures arrived at by different means. Investors typically determine if MT Bank is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MT Bank's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.