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M&T Bank Corp Salary

M&T Bank Corp Salary

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As of August 2026, the average hourly salary for employees at M&T Bank Corp in the United States is $56. This translates to an approximate annual wage of $117,473. Salaries at M&T Bank Corp typically range from $49 to $64 hourly, reflecting the diverse roles and experience levels within the company.
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Is M&T Bank Corp’s Pay Competitive? Salary Benchmarking Analysis

How does M&T Bank Corp's compensation stack up against the industry and its key competitors? Our salary benchmarking analysis provides a clear comparison. The chart below visualizes this comparison alongside select peer companies.
Competitor / Benchmark Avg. Salary Variance Primary Market Influence Factor & Explanation
Fifth Third Bank, National Association $58
+3.2%
Driven by niche technical certifications required for Fifth Third Bank, National Association's specialized projects.
Harbinger Group Inc $72
+28.2%
Reflects structural premiums typical of Harbinger Group Inc's large-cap national operations.
Mirae Asset Global Investments Pvt Ltd $73
+28.7%
Data suggests Mirae Asset Global Investments Pvt Ltd's workforce skews heavily towards veteran, high-tenure roles.
Standard Industries Inc $72
+28.3%
Influenced by prevailing union wage agreements specific to Standard Industries Inc's sector.
Financial Services Industry $59
+3.4%
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors.
Need More Granular Data? The analysis above provides a high-level market overview. To benchmark specific job codes, adjust for real-time cost-of-living changes, or access verified HR-reported datasets, upgrade to Salary.com for Business. Precision matters when building your compensation strategy.

Companies Similar to M&T Bank Corp and Their Hourly Pay Rates

Explore companies in the same industry to compare average salaries, benefits, and career opportunities with those at M&T Bank Corp. Click a company name to learn more.

Employee Reviews: Working at M&T Bank Corp

Considering a career at M&T Bank Corp? Explore authentic employee reviews to learn about the work environment, career growth opportunities, pay transparency and benefits. These first-hand insights can help you set realistic compensation expectations and make informed career decisions.
Diverse perspectives are welcomed. Seeing clients achieve their goals through our work is incredibly rewarding. While the work is demanding, management is respectful of personal time and avoids unnecessary overtime. This firm blends tradition and innovation well.
Commented in April 27, 2025
18
0
This financial services firm truly invests in its people. Crisis management is handled with calm competence. Inclusive culture valuing diversity and employee wellbeing. Overall, it’s a stable workplace that prioritizes routine over rapid change.
Commented in January 01, 2025
42
0
Communication and collaboration vary significantly between teams. The workload can be high during peak seasons. The work is meaningful, helping clients achieve important financial goals. Public transit options abound. Ongoing training and development programs empower staff to grow their skills continuously. This financial institution provides employees with best-in-class technology resources. Ever...
Commented in July 08, 2024
23
0
It’s a predictable job environment suited for those who thrive in structure and are fine with fewer surprises. Benefits, like health coverage and retirement plans, provide real security. Training is comprehensive and it is somehow overwhelming. Dynamic workplace with constant learning.
Commented in February 13, 2024
38
2

M&T Bank Corp Overview

Website
www.www3.mtb.com
Founded In
1856
Employees
15,000 - 50,000 employees
Industry
Financial Services
Headquarter Address
1 M&t Plaza Buffalo New York NY 14203
Revenue
$5B - $10B
Phone Number
+1 7168425138
Social Media
About M&T Bank Corp
Founded in 1856, M&T Bank operates as the holding company for Manufacturers and Traders Trust Company; and Wilmington Trust, National Association. The bank also provides trust and wealth management; fiduciary and custodial; investment management; and insurance agency services. It offers its services through banking offices, business banking centers, telephone and Internet banking, mobile banking,

What Benefits Does M&T Bank Corp Offer Beyond Salary?

A competitive compensation package is more than just a salary. M&T Bank Corp offers a comprehensive benefits package designed to support your health, financial future, and overall well-being. Below are the most common key benefits:
Social Security
401(K)
Disability
Healthcare
Pension
Time Off (days)
Work at M&T Bank Corp?
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What Is the Cost of Living Near Buffalo?

Understanding the cost of living near Buffalo is key to truly evaluating a salary offer or your current compensation at M&T Bank Corp.
Buffalo's Cost of Living Index is approximately 79.5 (20.5% less expensive than US average; 36.4% less than NY average). Western NY city, very affordable housing, revitalizing. NFTA Metro Bus/Rail. When planning your budget based on a salary from M&T Bank Corp, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $900 - $1,400+ A significant portion of M&T Bank Corp salary. Location choices impact this heavily.
Utilities (Basic) $160 - $270 (Heating significant) Electricity, Heating, Cooling, Water etc.
Public Transportation $75 (NFTA monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $380 - $560 Can be higher with more dining out or specialty stores.
Personal & Leisure $330 - $630+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $370 - $690+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,215 - $3,555+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of M&T Bank Corp

1. How much does M&T Bank Corp in the United States pay?

M&T Bank Corp pays its employees an average of $56 per hour. The average salary at M&T Bank Corp range from $49 to $64 per hour. It's important to remember that these are overall averages, actual salaries vary significantly based on specific job titles, years of experience, skills and location.

2. Do M&T Bank Corp employees get a higher salary than its peer company?

The salary at M&T Bank Corp is lesser than its peer company. The average annual salary at M&T Bank Corp is $117,473, or an hourly wage of $56, in comparison to Fifth Third Bank, National Association which pays $121,186 per year or $58 per hour.

3. What are the highest paying jobs at M&T Bank Corp?

The higher-paying job at M&T Bank Corp, according to our data, include President (avg. $437 per hour), Managing Director (avg. $437 per hour), and Executive Vice President & Chief Operations Officer (avg. $255 per hour). Pay for these roles reflects significant responsibility, specialized skills and experience.

4. How much does salary increase with years of experience at M&T Bank Corp?

Salary progression with years of experience at M&T Bank Corp is typical. Generally, as employees gain more relevant experience, develop more skills, and take on greater responsibilities, their earning potential increases. For example, a role with 5-7 years of experience will usually pay more than the same role requiring 0-2 years.

5. Do salaries at M&T Bank Corp vary by office location?

Yes, it's very likely that salaries at M&T Bank Corp vary by office location. Companies often adjust pay based on local market rates, cost of living, and talent competition in different geographic areas. For instance, a role in a high-cost city like New York City may offer a higher nominal salary than the same role in a lower-cost city like Omaha, NE. Our Cost of Living Insights for Buffalo section provides more context.

6. Does M&T Bank Corp offer good benefits?

M&T Bank Corp typically offers a comprehensive benefits package that adds significant value to an employee's total compensation. Common benefits include health, dental, and vision insurance, a 401(k) plan often with a company match, paid time off. For example, a strong 401(k) match or excellent, low-cost health insurance can be worth thousands of dollars annually, effectively increasing your overall earnings beyond your base salary. For a more detailed list of benefits, please see our "Employee Benefits at M&T Bank Corp" section on this page.

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