M&T Bank Eases Back From Ailing Commercial Real Estate Sector

August 23, 2021

Crain’s New York Business, Aug. 23, 2021–Aaron Elstein
After betting big on commercial real estate, M&T Bank will dial down its exposure due to market conditions and a nudge from regulators. Nearly 40% of M&T’s loan portfolio is concentrated in offices, hotels and other commercial property, well above the average of 14% for regional banks.
https://www.crainsnewyork.com/real-estate/mt-bank-eases-back-ailing-commercial-real-estate-sector