M&T Bank Corporation
MX ˙ BMV ˙ US55261F1049
SecurityMX:MTB / M&T Bank Corporation
InstitutionBaird Financial Group, Inc.
Latest Disclosed Ownership4,293 shares
Latest Disclosed Value $ 887,449
Baird Financial Group, Inc. reports 3.03% decrease in ownership of MTB / M&T Bank Corporation

On May 14, 2026 - Baird Financial Group, Inc. filed a 13F-HR form disclosing ownership of 4,293 shares of M&T Bank Corporation (MX:MTB) valued at $887,449 USD as of March 31, 2026. The entity filed a previous 13F-HR on February 13, 2026 disclosing 4,427 shares of M&T Bank Corporation. This represents a change in shares of -3.03% during the quarter.

Institutional Ownership: 13F and NPORT Filings

The Security and Class in the table below are shown exactly as filed by the investor. We do our best to track continuity of investments through acquisitions, and this will be reflected in the table as changes in names. In addition to descriptive data, performance of the investment is shown over time. To calculate quarterly performance, we first calculate cost basis of the shares purchased during the quarter, then use that to calculate gross profit. Quarterly return is Gross Profit / Starting Portfolio value.

Note that cost basis is calculated and stored in thousands, so small quarterly changes in shares frequently result in a cost basis of zero.

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Disclosed Equity Positions (from 13F/NPORT Filings)
File
Date		 Effective
Date		Form Security Class ID Avg Price
Paid (Est)		 Reported
Shares		 ΔShares ΔShares
(%)		 Reported
Value
(x1000)		 ΔValue
(%)		 Alloc
(%)		 ΔAlloc ΔAlloc (%) Cost Basis
(x1000)		 Unrealized
Gain/Loss
(x1000)
2026-05-14 2026-03-31 13F M T BK COM 55261F104 4,293 -134 -3.03 887 -0.56 0.0007
2026-02-13 2025-12-31 13F M T BK CORP COM COMMON 55261F104 4,427 -2,788 -38.64 892 -37.40 0.0014
2025-11-13 2025-09-30 13F M T BK COMMON 55261F104 7,215 2,523 53.77 1,426 56.59 0.0023
2025-08-13 2025-06-30 13F M T BK CORP COM COMMON 55261F104 4,692 -106 -2.21 910 6.18 0.0016
2025-05-15 2025-03-31 13F M T BK CORP COM COMMON 55261F104 4,798 420 9.59 858 4.13 0.0017
2025-02-14 2024-12-31 13F M T BK COMMON 55261F104 4,378 114 2.67 823 8.43 0.0016
2024-11-14 2024-09-30 13F M T BK COMMON 55261F104 4,264 -2,585 -37.74 760 -26.74 0.0015
2024-08-14 2024-06-30 13F M T BK COMMON 55261F104 6,849 278 4.23 1,037 8.48 0.0022
2024-05-14 2024-03-31 13F M T BK COMMON 55261F104 6,571 -5,163 -44.00 956 -40.61 0.0020
2024-02-14 2023-12-31 13F M T BK COMMON 55261F104 11,734 -2,460 -17.33 1,608 -10.37 0.0037
2023-11-13 2023-09-30 13F M T BK COMMON 55261F104 14,194 1,184 9.10 1,795 11.43 0.0049
2023-08-11 2023-06-30 13F M T BK COMMON 55261F104 13,010 254 1.99 1,610 5.57 0.0042
2023-05-15 2023-03-31 13F M T BK COMMON 55261F104 12,756 -322 -2.46 1,525 152,400.00 0.0038
2023-02-13 2022-12-31 13F M T BK COMMON 55261F104 13,078 -3,853 -22.76 2 -99.97 0.0050
2022-11-15 2022-09-30 13F M T BK COMMON 55261F104 16,931 1,006 6.32 2,985 17.61 0.0088
2022-08-08 2022-06-30 13F M T BK COMMON 55261F104 15,925 2,058 14.84 2,538 7.95 0.0070
2022-05-13 2022-03-31 13F M T BK COMMON 55261F104 13,867 -709 -4.86 2,351 5.05 0.0058
2022-02-09 2021-12-31 13F M T BK CORP COM COMMON 55261F104 14,576 880 6.43 2,238 9.44 0.0052
2021-11-12 2021-09-30 13F M T BK CORP COM COMMON 55261F104 13,696 8,522 164.71 2,045 171.94 0.0052
2021-08-11 2021-06-30 13F M T BK CORP COM COMMON 55261F104 5,174 -594 -10.30 752 -13.96 0.0020
2021-05-13 2021-03-31 13F M T BK CORP COM COMMON 55261F104 5,768 -681 -10.56 874 6.46 0.0025
2021-02-11 2020-12-31 13F M T BK CORP COM COMMON 55261F104 6,449 2,053 46.70 821 102.72 0.0025
2020-11-12 2020-09-30 13F M T BK CORP COM COMMON 55261F104 4,396 2,330 112.78 405 17.73 0.0014
2020-08-14 2020-06-30 13F M T BK CORP COM COMMON 55261F104 2,066 2,066 344 0.0013
2020-05-14 2020-03-31 13F M & T BK CORP COM COMMON 55261F104 0 -1,839 -100.00 0 -100.00
2020-02-14 2019-12-31 13F M & T BK CORP COM COMMON 55261F104 1,839 -1,274 -40.93 312 -36.59 0.0011
2019-11-14 2019-09-30 13F M T BANK Common 55261F104 3,113 158 5.35 492 -2.19 0.0019
2019-08-14 2019-06-30 13F M & T BANK COMMON 55261F104 2,955 1,217 70.02 503 84.25 0.0020
2019-05-14 2019-03-31 13F M T BK COMMON 55261F104 1,738 -771 -30.73 273 -23.96 0.0016
2019-02-14 2018-12-31 13F M T BK COMMON 55261F104 2,509 -345 -12.09 359 -23.45 0.0024
2018-11-13 2018-09-30 13F M T Bank COMMON 55261F104 2,854 1,343 88.88 469 82.49 0.0029
2018-08-13 2018-06-30 13F M amp; T BK COMMON 55261F104 1,511 -219 -12.66 257 -19.44 0.0017
2018-05-14 2018-03-31 13F M & T BK COMMON 55261F104 1,730 -213 -10.96 319 -3.92 0.0022
2018-02-09 2017-12-31 13F M & T BK COMMON 55261F104 1,943 687 54.70 332 64.36 0.0024
2017-11-14 2017-09-30 13F M & T BK COMMON 55261F104 1,256 1 0.08 202 -0.49 0.0015
2017-08-14 2017-06-30 13F M & T BK COMMON 55261F104 1,255 1,255 203 0.0016
2017-06-19 2017-03-31 13F/A-1 M & T BK COMMON 55261F104 0 -2,397 -100.00 0 -100.00
2017-02-10 2016-12-31 13F M & T BK COMMON 55261F104 2,397 -711 -22.88 375 3.88 0.0033
2016-11-10 2016-09-30 13F M & T BK COMMON 55261F104 3,108 87 2.88 361 0.84 0.0032
2016-08-11 2016-06-30 13F M & T BK COMMON 55261F104 3,021 -488 -13.91 358 -7.97 0.0033
2016-05-12 2016-03-31 13F M & T BK COMMON 55261F104 3,509 -171 -4.65 389 -12.78 0.0037
2016-02-11 2015-12-31 13F M & T BK COMMON 55261F104 3,680 77 2.14 446 1.59 0.0045
2015-11-12 2015-09-30 13F M & T BK COMMON 55261F104 3,603 -139 -3.71 439 -6.00 0.0047
2015-08-14 2015-06-30 13F M & T BK COMMON 55261F104 3,742 3,742 467 0.0046
Legend
Shares
The total number of shares held by the institution at the end of the reporting period (the effective date). This is provided in the filing.
Value
The total value of the shares as of the effective date. This is provided in the filing.
Avg. Share Price
The weighted average share price of the shares held by the institution. We use FIFO accounting to determine this price
Class
This is the security class as indicated by the filer. There are a variety of values for this field. Common values include "EC" = equity common, "EP" - equity preferred
Allocation (%)
The percent of the institution's portfolio that this position represents. This is provided in NPORT filings. For 13F filings, we calculate it.
Change in Allocation
The change in allocation from the prior reporting period. This is calculated as current allocation - prior allocation.
Change in Allocation (%)
The percent change in allocation from the prior reporting period. This is calculated as (current allocation - prior allocation) / prior allocation.
Cost Basis
The total cost of the shares held. This is calculated as reported shares * avg. share price
Unrealized Gain/Loss
This is the market value of the position as of the effective date minus the cost basis.