M&T Bank Employee Salaries 2026: Average Pay & Compensation
M&T Bank employee salaries are estimated at $78,000 average pay in 2025-2026, with $70,000 median pay and $92,000 average total compensation. Compare M&T Bank employee salaries by role, level, bonus, equity, benefits, and Buffalo, NY location context before evaluating an offer.
Average Salary
$78,000
$6,500/mo
Total Compensation
$92,000
base + bonus + equity
Employees
22K
large company
Rating
3.6
★★★★☆
Direct answer
M&T Bank employee salaries 2025-2026: average pay and compensation
The average salary for M&T Bank employees is estimated at $78,000 in 2025-2026, with median pay of $70,000 and average total compensation of $92,000 when bonus, equity, and incentive pay are included. Entry-level roles start around $42,000, senior roles average $128,000, and the highest listed role benchmark is Software Engineer at $78,000.
Reviewed by Brazora Monk · Page reviewed May 26, 2026 · Salary data last updated May 19, 2026. Source basis: employee-reported compensation, public filings where applicable, and BLS wage baselines; this is a planning estimate, not a guaranteed offer or internal HR pay band.
Search intent match
M&T Bank average employee salary, compensation and role pay
These are the four compensation questions people usually compare before applying to M&T Bank: average employee salary, average compensation per employee, salary by role, and salary range by level.
| Search question | 2026 answer | How to use it |
|---|---|---|
| M&T Bank average employee salary 2026 | $78,000 average base salary | Compare against the Banking peer average of $75,000. |
| M&T Bank average compensation per employee | $92,000 average total compensation | Separate base salary from bonus and equity before comparing offers. |
| M&T Bank employee salaries by role | Software Engineer: $78,000 | Product Manager: $74,100 | Operations Manager: $63,180 | Use role-specific benchmarks instead of negotiating from the company average alone. |
| M&T Bank salary range 2025-2026 | $42,000 to $128,000 across listed entry-to-senior levels | Adjust for level, team, location, bonus cycle, and Buffalo, NY cost context. |
Company-specific pay benchmark
M&T Bank Employee Salaries by Role: 2025-2026 Snapshot
M&T Bank employee salaries average $78,000 base pay and $92,000 average total compensation in this 2025-2026 benchmark. Within Banking, that puts M&T Bank above the peer salary average of $75,000 by +4%. Use this snapshot to compare base salary, bonus potential, senior-level upside, and role-specific pay before accepting or negotiating an offer.
Vs. Banking peers
+4%
peer avg $75,000
Total comp position
+4%
peer avg $88,500
Role pay spread
$18,720
Data Analyst to Software Engineer
Senior premium
+205%
senior vs entry-level salary
| Negotiation area | M&T Bank benchmark | What to verify |
|---|---|---|
| Base salary | $78,000 average, $70,000 median | Compare the offer against the Banking peer average and your exact role level. |
| Bonus target | 11% target, about $8,580 on average salary | Ask whether the target is guaranteed, discretionary, prorated, or tied to company performance. |
| Equity or incentives | 15% of estimated total comp is above base salary | Check vesting schedule, refresh grants, strike price or RSU value, and liquidity timing. |
| Location economics | Buffalo, NY headquarters, $6,500 monthly average pay | Adjust for state taxes, local taxes, rent, commute cost, hybrid policy, and relocation support. |
M&T Bank Salary by Level
Salary progression from entry-level to director positions at M&T Bank.
Entry-level employees at M&T Bank earn around $42,000, while directors can earn $256,000 or more.
M&T Bank Average Pay by Role
| Role | Base Salary | Est. Total Comp |
|---|---|---|
| Software Engineer | $78,000 | $86,580 |
| Product Manager | $74,100 | $82,251 |
| Operations Manager | $63,180 | $70,130 |
| Marketing Manager | $61,620 | $68,398 |
| Data Analyst | $59,280 | $65,801 |
Total compensation estimates include base salary and an average 11% bonus. Stock options/equity are offered but vary significantly by role and level.
M&T Bank Benefits & Perks
M&T Bank Salary Calculator
Select a role and experience level to estimate your salary at M&T Bank.
Mid Career (5-9 yrs)
Estimated Salary at M&T Bank
$82,000
$6,833/month · $39.42/hr
Est. total comp with 11% bonus: $91,020
About M&T Bank
M&T Bank is a banking company headquartered in Buffalo, NY, founded in 1856. With approximately 22,000 employees, it is a major employer in the banking sector.
Headquarters
Buffalo, NY
Founded
1856
Industry
Banking
Company Size
large
Employees
22,000
Median Salary
$70,000
Hourly Rate
$37.50/hr
Monthly Pay
$6,500
M&T Bank Employee Ratings
3.6
★★★★☆
Overall Rating
Similar Banking Companies
Methodology & Sources for M&T Bank Salary Data
How we estimate M&T Bank compensation data: Our salary figures combine self-reported employee compensation data (Glassdoor, Levels.fyi, Comparably, Blind), SEC filings for public companies (DEF 14A proxy statements include executive compensation), and BLS Occupational Employment and Wage Statistics for industry baselines. We weight recent data points (last 2 years) higher to reflect current market conditions.
- Base salary distribution aggregated from employee-reported data points. M&T Bank (founded 1856, 22K employees, headquartered in Buffalo, NY) is in the Banking sector.
- Total compensation includes base salary, bonus, and where applicable, equity or other long-term incentives. At M&T Bank, bonuses vary by role, level, location, performance cycle, and business division.
- Level mapping normalizes role names across companies (Entry/Junior/Mid/Senior/Lead/Principal/Director) for cross-company comparison.
- Cost-of-living adjustment uses BLS regional CPI-U data when comparing M&T Bank's Buffalo, NY salaries to other markets.
- Industry benchmarking compares M&T Bank compensation to BLS national averages for Banking sector occupations.
Authoritative compensation data sources:
- BLS Occupational Employment and Wage Statistics — national salary baselines for Banking
- SEC EDGAR — Company Filings — public company executive compensation in DEF 14A proxies
- BLS Industries at a Glance — Banking — sector employment, wages, productivity
- BLS Employment Cost Index — quarterly compensation trend data
- BLS Quarterly Census of Employment and Wages (QCEW) — county-level wage data by industry
- DOL Wage and Hour Division — federal wage compliance and minimum wage
Disclaimer: M&T Bank compensation data is aggregated from multiple sources and reflects general patterns, not guaranteed offers. Actual salaries vary based on level, location, negotiation, performance, and equity vesting. For personalized career advice, consult HR professionals or executive coaches. For job offers, always negotiate based on multiple data points and your unique value.
Reviewed by Brazora Monk · Salary data last updated May 19, 2026 · Page reviewed May 26, 2026 · BLS data current as of latest annual release
M&T Bank Salary FAQ
What is the average salary at M&T Bank in 2026?
The average salary at M&T Bank is $78,000 per year in 2026. Entry-level positions start around $42,000, while senior professionals earn up to $128,000. Total compensation including bonuses and equity averages $92,000.
What benefits does M&T Bank offer?
M&T Bank offers a comprehensive benefits package including Health/dental/vision, 401k match, Stock purchase, and 2 more benefits. The company also offers stock options or equity compensation. The average bonus is approximately 11% of base salary.
What are the highest paying roles at M&T Bank?
The highest paying roles at M&T Bank include Software Engineer ($78,000), Product Manager ($74,100), Operations Manager ($63,180). Executive-level positions can earn up to $320,000 or more annually.
How does M&T Bank compare to other Banking companies?
M&T Bank has a 3.6/5.0 employee rating and $78,000 average salary. Compared to peers like Truist Financial and Regions Financial, it offers competitive compensation in the Banking sector.
Is M&T Bank a good company to work for?
M&T Bank has a 3.6/5.0 overall rating and 3.4/5.0 work-life balance score. Employees give the company above-average ratings. The company is headquartered in Buffalo, NY and was founded in 1856, employing 22K people worldwide.
What is the total compensation at M&T Bank?
Total compensation at M&T Bank averages $92,000 per year, which includes base salary ($78,000), bonuses (approximately 11% of base), and equity or long-term incentive grants. Senior and executive roles can see significantly higher total compensation packages.
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