M & T BK CORP

Ticker: MTB CUSIP: 55261F104 Class: COM

PUBLIC EMPLOYEES RETIREMENT ASSOCIATION OF COLORADO's Holding History (CIK: 0000315297)

Note: Option positions (PUT/CALL) are excluded.

Q4 2025

Shares 12,927 Value ($000) $3 Avg Close $190.09 Range $173.38 - $208.26

Q3 2025

Shares 15,684 Value ($000) $3 Avg Close $193.71 Range $179.84 - $202.35

Q2 2025

Shares 15,998 Value ($000) $3 Avg Close $172.90 Range $147.35 - $193.26

Q1 2025

Shares 16,589 Value ($000) $3 Avg Close $184.51 Range $165.06 - $197.34

Q4 2024

Shares 16,589 Value ($000) $3 Avg Close $192.14 Range $164.08 - $217.71

Q3 2024

Shares 16,926 Value ($000) $3 Avg Close $159.11 Range $139.56 - $174.25

Q2 2024

Shares 16,926 Value ($000) $3 Avg Close $138.95 Range $126.18 - $148.59

Q1 2024

Shares 17,121 Value ($000) $2 Avg Close $130.61 Range $120.57 - $139.44

Q4 2023

Shares 18,180 Value ($000) $2 Avg Close $117.30 Range $100.95 - $139.29

Q3 2023

Shares 19,095 Value ($000) $2 Avg Close $120.47 Range $109.59 - $131.11

Q2 2023

Shares 19,859 Value ($000) $2 Avg Close $110.64 Range $99.63 - $120.49

Q1 2023

Shares 19,859 Value ($000) $2 Avg Close $131.45 Range $100.21 - $146.31

Q4 2022

Shares 24,467 Value ($000) $4 Avg Close $147.80 Range $125.03 - $172.70

Q3 2022

Shares 24,467 Value ($000) $4,314 Avg Close $158.03 Range $132.58 - $172.33

Q2 2022

Shares 20,836 Value ($000) $3,321 Avg Close $149.08 Range $139.16 - $163.11

Q1 2022

Shares 14,804 Value ($000) $2,509 Avg Close $155.43 Range $136.45 - $165.23

Q4 2021

Shares 14,804 Value ($000) $2,274 Avg Close $134.29 Range $124.36 - $142.38

Q3 2021

Shares 18,146 Value ($000) $2,710 Avg Close $120.25 Range $111.14 - $134.92

Q2 2021

Shares 18,146 Value ($000) $2,637 Avg Close $134.57 Range $123.34 - $144.59

Q1 2021

Shares 18,146 Value ($000) $2,751 Avg Close $126.15 Range $107.04 - $140.55

Q4 2020

Shares 18,146 Value ($000) $2,310 Avg Close $96.63 Range $76.47 - $110.90

Q3 2020

Shares 23,825 Value ($000) $2,194 Avg Close $85.82 Range $74.81 - $95.50

Q2 2020

Shares 23,972 Value ($000) $2,492 Avg Close $87.80 Range $70.48 - $108.89

Q1 2020

Shares 23,793 Value ($000) $2,461 Avg Close $121.20 Range $72.59 - $143.03

Q4 2019

Shares 23,853 Value ($000) $4,049 Avg Close $132.84 Range $120.05 - $141.90

Q3 2019

Shares 24,379 Value ($000) $3,851 Avg Close $127.93 Range $115.55 - $141.88

Q2 2019

Shares 24,521 Value ($000) $4,170 Avg Close $133.84 Range $127.29 - $138.45

Q1 2019

Shares 24,565 Value ($000) $3,857 Avg Close $131.85 Range $113.08 - $141.64

Q4 2018

Shares 23,660 Value ($000) $3,386 Avg Close $127.57 Range $107.21 - $137.04

Q3 2018

Shares 23,898 Value ($000) $3,932 Avg Close $137.68 Range $130.87 - $144.01

Q2 2018

Shares 23,926 Value ($000) $4,071 Avg Close $141.53 Range $132.54 - $148.86

Q1 2018

Shares 23,912 Value ($000) $4,408 Avg Close $146.61 Range $133.51 - $155.61

Q4 2017

Shares 25,930 Value ($000) $4,434 Avg Close $129.92 Range $121.79 - $138.71

Q3 2017

Shares 25,127 Value ($000) $4,046 Avg Close $122.44 Range $110.34 - $129.80

Q2 2017

Shares 26,301 Value ($000) $4,259 Avg Close $122.39 Range $114.25 - $127.61

Q1 2017

Shares 26,494 Value ($000) $4,099 Avg Close $124.95 Range $115.77 - $133.93

Q4 2016

Shares 26,554 Value ($000) $4,154 Avg Close $104.02 Range $86.11 - $122.08

Q3 2016

Shares 27,984 Value ($000) $3,249 Avg Close $88.80 Range $84.74 - $91.81

Q2 2016

Shares 28,747 Value ($000) $3,399 Avg Close $88.17 Range $81.12 - $92.11

Q1 2016

Shares 30,262 Value ($000) $3,359 Avg Close $81.93 Range $75.36 - $89.79

Q4 2015

Shares 31,879 Value ($000) $3,863 Avg Close $91.64 Range $83.48 - $95.93

Q3 2015

Shares 24,331 Value ($000) $2,967 Avg Close $93.27 Range $83.75 - $99.75

Q2 2015

Shares 24,806 Value ($000) $3,099 Avg Close $91.35 Range $87.23 - $95.80

Q1 2015

Shares 24,834 Value ($000) $3,154 Avg Close $89.29 Range $82.26 - $95.91

Q4 2014

Shares 24,728 Value ($000) $3,106 Avg Close $90.02 Range $82.27 - $94.90

Q3 2014

Shares 24,800 Value ($000) $3,058 Avg Close $89.75 Range $86.23 - $94.17

Q2 2014

Shares 24,841 Value ($000) $3,082 Avg Close $88.34 Range $84.00 - $91.61

Q1 2014

Shares 29,245 Value ($000) $3,547 Avg Close $83.18 Range $78.50 - $89.02

Q4 2013

Shares 29,261 Value ($000) $3,407 Avg Close $81.40 Range $78.07 - $84.34

Q3 2013

Shares 33,260 Value ($000) $3,722 Avg Close $82.37 Range $78.25 - $84.92

Q2 2013

Shares 35,285 Value ($000) $3,943 Avg Close $72.91 Range $67.52 - $79.57

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	12,927	$3	$190.09	$173.38 - $208.26
Q3 2025	15,684	$3	$193.71	$179.84 - $202.35
Q2 2025	15,998	$3	$172.90	$147.35 - $193.26
Q1 2025	16,589	$3	$184.51	$165.06 - $197.34
Q4 2024	16,589	$3	$192.14	$164.08 - $217.71
Q3 2024	16,926	$3	$159.11	$139.56 - $174.25
Q2 2024	16,926	$3	$138.95	$126.18 - $148.59
Q1 2024	17,121	$2	$130.61	$120.57 - $139.44
Q4 2023	18,180	$2	$117.30	$100.95 - $139.29
Q3 2023	19,095	$2	$120.47	$109.59 - $131.11
Q2 2023	19,859	$2	$110.64	$99.63 - $120.49
Q1 2023	19,859	$2	$131.45	$100.21 - $146.31
Q4 2022	24,467	$4	$147.80	$125.03 - $172.70
Q3 2022	24,467	$4,314	$158.03	$132.58 - $172.33
Q2 2022	20,836	$3,321	$149.08	$139.16 - $163.11
Q1 2022	14,804	$2,509	$155.43	$136.45 - $165.23
Q4 2021	14,804	$2,274	$134.29	$124.36 - $142.38
Q3 2021	18,146	$2,710	$120.25	$111.14 - $134.92
Q2 2021	18,146	$2,637	$134.57	$123.34 - $144.59
Q1 2021	18,146	$2,751	$126.15	$107.04 - $140.55
Q4 2020	18,146	$2,310	$96.63	$76.47 - $110.90
Q3 2020	23,825	$2,194	$85.82	$74.81 - $95.50
Q2 2020	23,972	$2,492	$87.80	$70.48 - $108.89
Q1 2020	23,793	$2,461	$121.20	$72.59 - $143.03
Q4 2019	23,853	$4,049	$132.84	$120.05 - $141.90
Q3 2019	24,379	$3,851	$127.93	$115.55 - $141.88
Q2 2019	24,521	$4,170	$133.84	$127.29 - $138.45
Q1 2019	24,565	$3,857	$131.85	$113.08 - $141.64
Q4 2018	23,660	$3,386	$127.57	$107.21 - $137.04
Q3 2018	23,898	$3,932	$137.68	$130.87 - $144.01
Q2 2018	23,926	$4,071	$141.53	$132.54 - $148.86
Q1 2018	23,912	$4,408	$146.61	$133.51 - $155.61
Q4 2017	25,930	$4,434	$129.92	$121.79 - $138.71
Q3 2017	25,127	$4,046	$122.44	$110.34 - $129.80
Q2 2017	26,301	$4,259	$122.39	$114.25 - $127.61
Q1 2017	26,494	$4,099	$124.95	$115.77 - $133.93
Q4 2016	26,554	$4,154	$104.02	$86.11 - $122.08
Q3 2016	27,984	$3,249	$88.80	$84.74 - $91.81
Q2 2016	28,747	$3,399	$88.17	$81.12 - $92.11
Q1 2016	30,262	$3,359	$81.93	$75.36 - $89.79
Q4 2015	31,879	$3,863	$91.64	$83.48 - $95.93
Q3 2015	24,331	$2,967	$93.27	$83.75 - $99.75
Q2 2015	24,806	$3,099	$91.35	$87.23 - $95.80
Q1 2015	24,834	$3,154	$89.29	$82.26 - $95.91
Q4 2014	24,728	$3,106	$90.02	$82.27 - $94.90
Q3 2014	24,800	$3,058	$89.75	$86.23 - $94.17
Q2 2014	24,841	$3,082	$88.34	$84.00 - $91.61
Q1 2014	29,245	$3,547	$83.18	$78.50 - $89.02
Q4 2013	29,261	$3,407	$81.40	$78.07 - $84.34
Q3 2013	33,260	$3,722	$82.37	$78.25 - $84.92
Q2 2013	35,285	$3,943	$72.91	$67.52 - $79.57