M & T BK CORP

Ticker: MTB CUSIP: 55261F104 Class: COM

MERCER GLOBAL ADVISORS INC /ADV's Holding History (CIK: 0000853758)

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

Q4 2025

Shares 10,935 Value ($000) $2,203 Avg Close $190.09 Range $173.38 - $208.26

Q3 2025

Shares 10,170 Value ($000) $2,010 Avg Close $193.71 Range $179.84 - $202.35

Q2 2025

Shares 8,087 Value ($000) $1,569 Avg Close $172.90 Range $147.35 - $193.26

Q1 2025

Shares 9,432 Value ($000) $1,686 Avg Close $184.51 Range $165.06 - $197.34

Q4 2024

Shares 5,965 Value ($000) $1,121 Avg Close $192.14 Range $164.08 - $217.71

Q3 2024

Shares 9,161 Value ($000) $1,583 Avg Close $159.11 Range $139.56 - $174.25

Q2 2024

Shares 7,960 Value ($000) $1,196 Avg Close $138.95 Range $126.18 - $148.59

Q1 2024

Shares 6,217 Value ($000) $1 Avg Close $130.61 Range $120.57 - $139.44

Q4 2023

Shares 5,943 Value ($000) $1 Avg Close $117.30 Range $100.95 - $139.29

Q3 2023

Shares 7,536 Value ($000) $1 Avg Close $120.47 Range $109.59 - $131.11

Q2 2023

Shares 8,114 Value ($000) $1 Avg Close $110.64 Range $99.63 - $120.49

Q1 2023

Shares 8,472 Value ($000) $1 Avg Close $131.45 Range $100.21 - $146.31

Q4 2022

Shares 7,628 Value ($000) $1 Avg Close $147.80 Range $125.03 - $172.70

Q3 2022

Shares 8,004 Value ($000) $1,411 Avg Close $158.03 Range $132.58 - $172.33

Q2 2022

Shares 8,639 Value ($000) $1,377 Avg Close $149.08 Range $139.16 - $163.11

Q1 2022

Shares 4,793 Value ($000) $812 Avg Close $155.43 Range $136.45 - $165.23

Q4 2021

Shares 4,931 Value ($000) $757 Avg Close $134.29 Range $124.36 - $142.38

Q3 2021

Shares 4,869 Value ($000) $727 Avg Close $120.25 Range $111.14 - $134.92

Q2 2021

Shares 4,710 Value ($000) $684 Avg Close $134.57 Range $123.34 - $144.59

Q1 2021

Shares 4,546 Value ($000) $690 Avg Close $126.15 Range $107.04 - $140.55

Q4 2020

Shares 2,941 Value ($000) $374 Avg Close $96.63 Range $76.47 - $110.90

Q3 2020

Shares 3,064 Value ($000) $282 Avg Close $85.82 Range $74.81 - $95.50

Q2 2020

Shares 2,925 Value ($000) $304 Avg Close $87.80 Range $70.48 - $108.89

Q1 2020

Shares 3,011 Value ($000) $311 Avg Close $121.20 Range $72.59 - $143.03

Q4 2019

Shares 2,346 Value ($000) $398 Avg Close $132.84 Range $120.05 - $141.90

Q3 2019

Shares 2,433 Value ($000) $384 Avg Close $127.93 Range $115.55 - $141.88

Q2 2019

Shares 2,321 Value ($000) $395 Avg Close $133.84 Range $127.29 - $138.45

Q1 2019

Shares 2,352 Value ($000) $337 Avg Close $131.85 Range $113.08 - $141.64

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	10,935	$2,203	$190.09	$173.38 - $208.26
Q3 2025	10,170	$2,010	$193.71	$179.84 - $202.35
Q2 2025	8,087	$1,569	$172.90	$147.35 - $193.26
Q1 2025	9,432	$1,686	$184.51	$165.06 - $197.34
Q4 2024	5,965	$1,121	$192.14	$164.08 - $217.71
Q3 2024	9,161	$1,583	$159.11	$139.56 - $174.25
Q2 2024	7,960	$1,196	$138.95	$126.18 - $148.59
Q1 2024	6,217	$1	$130.61	$120.57 - $139.44
Q4 2023	5,943	$1	$117.30	$100.95 - $139.29
Q3 2023	7,536	$1	$120.47	$109.59 - $131.11
Q2 2023	8,114	$1	$110.64	$99.63 - $120.49
Q1 2023	8,472	$1	$131.45	$100.21 - $146.31
Q4 2022	7,628	$1	$147.80	$125.03 - $172.70
Q3 2022	8,004	$1,411	$158.03	$132.58 - $172.33
Q2 2022	8,639	$1,377	$149.08	$139.16 - $163.11
Q1 2022	4,793	$812	$155.43	$136.45 - $165.23
Q4 2021	4,931	$757	$134.29	$124.36 - $142.38
Q3 2021	4,869	$727	$120.25	$111.14 - $134.92
Q2 2021	4,710	$684	$134.57	$123.34 - $144.59
Q1 2021	4,546	$690	$126.15	$107.04 - $140.55
Q4 2020	2,941	$374	$96.63	$76.47 - $110.90
Q3 2020	3,064	$282	$85.82	$74.81 - $95.50
Q2 2020	2,925	$304	$87.80	$70.48 - $108.89
Q1 2020	3,011	$311	$121.20	$72.59 - $143.03
Q4 2019	2,346	$398	$132.84	$120.05 - $141.90
Q3 2019	2,433	$384	$127.93	$115.55 - $141.88
Q2 2019	2,321	$395	$133.84	$127.29 - $138.45
Q1 2019	2,352	$337	$131.85	$113.08 - $141.64