M&T Bank Enacts Prime Rate Reduction from 7.50% to 7.25% Effective September 2025

M&T Bank Announces Decrease in Prime Lending Rate

M&T Bank Corporation, a prominent financial institution based in Buffalo, New York, has made a significant adjustment to its prime lending rate, effective Thursday, September 18, 2025. This change sees the prime rate moving from 7.50% to 7.25%. The decision reflects the bank's response to current market trends and conditions, aiming to provide customers with more accessible borrowing options.

Understanding the Prime Rate

The prime rate is an essential interest rate utilized by banks to determine the interest rates on various loan products, including home equity loans, personal loans, and lines of credit. It is often viewed as a benchmark for consumer borrowing costs and is typically influenced by the Federal Reserve's monetary policy.

By reducing the prime rate, M&T Bank is positioning itself to better support its clients in an economic climate that demands flexibility and affordability. The move is not only beneficial for new borrowers but also for existing customers, as it may lead to lower interest payments on their variable rate loans.

M&T Bank: An Overview

M&T Bank Corporation, recognized by its NYSE ticker 'MTB', operates an extensive network of branches and ATMs throughout the eastern United States, extending from Maine to Virginia, as well as Washington, D.C. The bank offers a variety of banking products and tailored financial solutions, catering to both personal and business clientele. With a committed focus on community involvement and sustainable growth, M&T Bank emphasizes strong customer relationships and service excellence.

In addition to traditional banking services, M&T Bank provides trust-related offerings through its Wilmington Trust affiliates, serving markets not only within the United States but also internationally.

Implications for Borrowers

The prime lending rate decrease to 7.25% represents a strategic effort by M&T Bank to enhance borrowing conditions for its customers. This reduction is particularly crucial as borrowers seek relief in a financial landscape characterized by fluctuating interest rates.

Existing customers with variable interest loans may notice a decrease in their monthly payments, which can lead to substantial savings over time. Furthermore, potential borrowers may find this adjustment advantageous as it can lower the cost of borrowing for purchasing mortgages or financing personal projects.

The Future of M&T Bank

As M&T Bank continues to adapt to the evolving economic climate, this prime rate adjustment is one of many steps toward fostering a supportive environment for its customers. The bank remains dedicated to maintaining transparency and communication regarding changes that affect consumer financial products.

For more information on bank services or inquiries regarding loans and interest rates, customers are encouraged to reach out through the bank's official channel at www.mtb.com or contact the media representatives listed below.

With the consistent dedication to customer service and community involvement, M&T Bank anticipates making further advancements to ensure that its products align with customer needs in the challenging financial landscape ahead. The prime rate adjustment stands as a testament to this commitment, as M&T Bank looks to empower individuals and businesses through accessible financial solutions.

Contact Information

For investor inquiries, Brian Klock can be reached at (716) 842-5138, while media inquiries can go to Frank Lentini at (929) 651-0447. Both contacts are readily available for any further information regarding this announcement.

M&T Bank Corporation remains committed to being a reliable financial partner to its customers, making strides to provide loan products that prioritize accessibility and affordability in an ever-changing economic landscape.