Annual Meeting of Shareholders: Consistency is key
For M&T Bank's 2024 Annual Meeting of Shareholders, Chairman and CEO René Jones was joined by the Executive Director of ...
Chairman & Chief Executive Officer, M&T Bank
Search every verified Rene Jones interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. René Jones, chairman and CEO of M&T Bank, said during the bank's 2024 annual shareholder meeting that the bank's strategy focuses on stability and low volatility, which he said produces growth. He noted that in the first quarter of 2024, loans grew year-over-year by 1%, with 8% growth in commercial and industrial loans to middle-market companies and a 7% decline in commercial real estate, which he described as part of a multi-year effort to reduce the bank's commercial real estate exposure. Jones stated that the bank's net interest margin began to stabilize, and that tangible book value per share grew 12% year-over-year, allowing the bank to cross an 11% capital threshold. He characterized the approach as "really boring" but necessary to prepare for unpredictable events. Jones also discussed the bank's community engagement, saying he had not needed to campaign internally about the importance of community work because it is "who we are." He described the bank's role as being about economic development, which he said requires multiple tools working together. In earlier appearances, Jones spoke about the bank's profitability during the pandemic, its acquisition strategy focused on local market density, and the importance of treating regulators as part of the bank's constituency. He also shared motivational stories on social media, using analogies about time and self-worth.
For M&T Bank's 2024 Annual Meeting of Shareholders, Chairman and CEO René Jones was joined by the Executive Director of ...
For M&T Bank's 2024 Annual Meeting of Shareholders, Chairman and CEO René Jones was joined by the Executive Director of ...
René Jones, CEO of M&T Bank connects with Women Giving Back's Executive Director, Nicole Morris and LaKendra McNair, M&T Bank's Senior Vice President of Climate Resilient Communities on M&T Bank's CommunityLive enterprise-wide call, to discuss the great partnership between M&T Bank and Women Giving Back.
Get 2 Know M&T CEO Rene Jones #2 On Buffalo Business First Power 250 List!
M&T Bank Chairman and CEO René Jones talks about how he hopes the tech hub can be an asset to the community during a ...
M&T Bank has outperformed the broader market this year, rallying by 19 percent compared to just 11 percent for the S&P 500. M&T Bank CEO Rene Jones joins 'Closing Bell' to discuss whether the strong economic recovery will outweigh the risks of higher inflation. To see more of the interview with Jones sign up for a free trial to CNBC Pro: https://cnb.cx/2P9B10O » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC » Subscribe to CNBC Classic: https://cnb.cx/SubscribeCNBCclassic Turn to CNBC TV for the latest stock market news and an…
René Jones, M&T Bank CEO says M&T Bank has the strongest underwriting performance over the last four decades. joins ...
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