MTB-P-H: M&T BANK CORP 5.625% Series H Preferred Stock
M&T BANK CORP's MTB-P-H is an exchange-traded preferred stock in the Banks sector.
At a recent price of $25.16, MTB-P-H yields 5.59% on its $25 liquidation preference and 5.625% coupon.
It trades at a premium of 0.6% to par.
The issue is non-cumulative, perpetual (no stated maturity), callable on or after 2027-04-01.
Distributions are paid quarterly.
Figures are derived from market data and SEC filings; confirm details in the prospectus before investing.