M&T Bank Corp Salary

M&T Bank Corp Salary

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As of August 2026, the average annual salary for employees at M&T Bank Corp in the United States is $117,473. This translates to an approximate hourly wage of $56. Salaries at M&T Bank Corp typically range from $102,705 to $133,706 annually, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at M&T Bank Corp

Ready for your next career move? Explore current job openings at M&T Bank Corp. Use the search tool below to find available positions by title and location and apply directly to start your career.

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 $121,186
+3.2%
Supported by Fifth Third Bank, National Association's high-margin contracts allowing higher overhead.
Harbinger Group Inc $150,562
+28.2%
Driven by niche technical certifications required for Harbinger Group Inc's specialized projects.
Mirae Asset Global Investments Pvt Ltd $151,237
+28.7%
Data suggests Mirae Asset Global Investments Pvt Ltd's workforce skews heavily towards veteran, high-tenure roles.
Standard Industries Inc $150,762
+28.3%
Reflects structural premiums typical of Standard Industries Inc's large-cap national operations.
Financial Services Industry $121,514
+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.

How M&T Bank Corp's Salaries Compare to Similar Companies?

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)
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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. What is the average salary for employees at M&T Bank Corp?

The average annual total compensation for employees at M&T Bank Corp is approximately $117,473. However, this is an aggregate figure, actual salaries can range significantly, typically from $102,705 to $133,706, depending on factors like job role, experience, and location.

2. How much does M&T Bank Corp pay compared to Fifth Third Bank, National Association?

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 is the lowest salary at M&T Bank Corp?

The lowest-paying job at M&T Bank Corp is a Senior VP, Information Technology with a salary of $355,920 per year. The lowest- paying job depends heavily on the specific role, location, whether it's an hourly or salaried position, and if it's full-time, part-time, or an internship. Generally, entry-level positions might represent the lower end of the pay scale.

4. How does having a professional certification impact salary for relevant roles at M&T Bank Corp?

Professional certifications like PMP (for Project Managers), CPA (for Accountants), or another relevant certification for the industry can often lead to higher salaries and better job prospects at M&T Bank Corp for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

5. Does M&T Bank Corp offer cost-of-living adjustments (COLA) for employees in high-cost areas like Buffalo?

While some companies offer formal COLA, many, including potentially M&T Bank Corp, incorporate cost of living considerations into their overall salary structure for different locations rather than as a separate, itemized adjustment. This means their base pay bands for roles in high-cost cities like New York City are generally set higher to account for these local market factors.

6. What's the typical process for salary reviews and raises at M&T Bank Corp?

Most companies, likely including M&T Bank Corp, conduct formal salary reviews annually, often tied to performance evaluations. During these reviews, factors like individual performance, meeting goals, company performance, and market adjustments are typically considered for potential salary increases.

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