BUFFALO, N.Y., Jan. 27, 2014 /PRNewswire/ -- M&T Bank Corporation ("M&T") (NYSE: MTB) announced that it has declared quarterly cash dividends of $15.9375 per share on each of its Series A (NYSE: MTBPr) and Series C (NYSE: MTBPrC) preferred stock. The dividends will be payable February 18, 2014 to shareholders of record at the close of business on February 3, 2014.

M&T is a financial holding company headquartered in Buffalo, New York. M&T's principal banking subsidiary, M&T Bank, operates banking offices in New York, Pennsylvania, Maryland, Virginia, West Virginia, Delaware and the District of Columbia. Trust-related services are provided by M&T's Wilmington Trust-affiliated companies and by M&T Bank.

Investor Contact: Donald J. MacLeod
(716) 842?5138

Media Contact: C. Michael Zabel
(716) 842-5385

SOURCE M&T Bank Corporation