M & T BK CORP

Ticker: MTB CUSIP: 55261F104 Class: COM

Smead Capital Management, Inc.'s Holding History (CIK: 0001427008)

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

Q4 2025

Shares 337,603 Value ($000) $68,020 Avg Close $190.09 Range $173.38 - $208.26

Q3 2025

Shares 361,011 Value ($000) $71,343 Avg Close $193.71 Range $179.84 - $202.35

Q2 2025

Shares 388,621 Value ($000) $75,389 Avg Close $172.90 Range $147.35 - $193.26

Q1 2025

Shares 440,378 Value ($000) $78,718 Avg Close $184.51 Range $165.06 - $197.34

Q4 2024

Shares 482,120 Value ($000) $90,643 Avg Close $192.14 Range $164.08 - $217.71

Q3 2024

Shares 493,817 Value ($000) $87,959 Avg Close $159.11 Range $139.56 - $174.25

Q2 2024

Shares 477,160 Value ($000) $72,223 Avg Close $138.95 Range $126.18 - $148.59

Q1 2024

Shares 452,126 Value ($000) $65,757 Avg Close $130.61 Range $120.57 - $139.44

Q4 2023

Shares 433,456 Value ($000) $59,418 Avg Close $117.30 Range $100.95 - $139.29

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	337,603	$68,020	$190.09	$173.38 - $208.26
Q3 2025	361,011	$71,343	$193.71	$179.84 - $202.35
Q2 2025	388,621	$75,389	$172.90	$147.35 - $193.26
Q1 2025	440,378	$78,718	$184.51	$165.06 - $197.34
Q4 2024	482,120	$90,643	$192.14	$164.08 - $217.71
Q3 2024	493,817	$87,959	$159.11	$139.56 - $174.25
Q2 2024	477,160	$72,223	$138.95	$126.18 - $148.59
Q1 2024	452,126	$65,757	$130.61	$120.57 - $139.44
Q4 2023	433,456	$59,418	$117.30	$100.95 - $139.29