Denis J. Salamone net worth and biography

Denis Salamone Biography and Net Worth

Director of M&T Bank
Denis J. Salamone serves as Independent Director of the Company. He joined M&T’s Board of Directors effective with the closing of M&T’s acquisition of Hudson City Bancorp, Inc. and Hudson City Savings Bank (“Hudson City”) in November 2015. He served as Chairman and Chief Executive Officer of Hudson City from September 2014 until November 1, 2015. Mr. Salamone joined Hudson City in 2001 as Senior Executive Vice President and served on its Board of Directors. Between 2002 and 2014, he held several senior executive positions at Hudson City, including President and Chief Operating Officer. Prior to joining Hudson City, Mr. Salamone was an accountant with PricewaterhouseCoopers LLP for 26 years, 16 years as a partner where he served as the Global Financial Services leader for Audit and Business Advisory Services. He is a member of the American Institute of CPAs and a member of the New York State Society of CPAs. Mr. Salamone serves as Chairman of the Board of Trustees for St. Francis College in Brooklyn Heights, New York, as Chairman of the Board of Trustees of the Ridgewood, New Jersey YMCA, and as a trustee and Chair of the Audit Committee of Valley Health System in Ridgewood, New Jersey. He is a member of the Audit Committee of M&T. Mr. Salamone is also a director of M&T Bank and a member of its Examining and Executive Committees. Experience, Skills and Qualifications Mr. Salamone has more than 35 years of experience in the financial services industry and brings significant accounting skills and knowledge of financial reporting and risk management. He holds a Bachelor of Science in Accounting from St. Francis College.

What is Denis J. Salamone's net worth?

The estimated net worth of Denis J. Salamone is at least $12.86 million as of December 7th, 2020. Mr. Salamone owns 71,776 shares of M&T Bank stock worth more than $12,858,670 as of September 29th. This net worth estimate does not reflect any other assets that Mr. Salamone may own. Learn More about Denis J. Salamone's net worth.

How do I contact Denis J. Salamone?

The corporate mailing address for Mr. Salamone and other M&T Bank executives is ONE M&T PLAZA, BUFFALO NY, 14203. M&T Bank can also be reached via phone at (716) 635-4000 and via email at [email protected] Learn More on Denis J. Salamone's contact information.

Has Denis J. Salamone been buying or selling shares of M&T Bank?

Denis J. Salamone has not been actively trading shares of M&T Bank during the last quarter. Most recently, Denis J. Salamone sold 16,394 shares of the business's stock in a transaction on Monday, December 7th. The shares were sold at an average price of $127.19, for a transaction totalling $2,085,152.86. Following the completion of the sale, the director now directly owns 71,776 shares of the company's stock, valued at $9,129,189.44. Learn More on Denis J. Salamone's trading history.

Who are M&T Bank's active insiders?

M&T Bank's insider roster includes Robert Bojdak (EVP), Gary Geisel (Director), Christopher Kay (EVP), Doris Meister (EVP), Kevin Pearson (Vice Chairman), Denis Salamone (Director), Michael Todaro (EVP), Michele Trolli (EVP), Kirk Walters (Director), D. Scott Warman (EVP), and Edna Warren (EVP). Learn More on M&T Bank's active insiders.

Are insiders buying or selling shares of M&T Bank?

In the last twelve months, M&T Bank insiders bought shares 1 times. They purchased a total of 6 shares worth more than $1,027.20. In the last twelve months, insiders at the financial services provider sold shares 11 times. They sold a total of 43,115 shares worth more than $7,695,432.50. The most recent insider tranaction occured on September, 9th when EVP D Scott N Warman sold 2,000 shares worth more than $377,100.00. Insiders at M&T Bank own 0.7 % of the company. Learn More about insider trades at M&T Bank.

Information on this page was last updated on 9/9/2022.

Denis J. Salamone Insider Trading History at M&T Bank

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
12/7/2020Sell16,394$127.19$2,085,152.8671,776View SEC Filing Icon  
11/5/2019Sell15,755$167.50$2,638,962.5090,293View SEC Filing Icon  
9/5/2018Sell25,209$179.76$4,531,569.84View SEC Filing Icon  
1/22/2018Sell31,511$188.00$5,924,068.00125,133View SEC Filing Icon  
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Denis J. Salamone Buying and Selling Activity at M&T Bank

This chart shows Denis J Salamone's buying and selling at M&T Bank by year and by quarter.

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M&T Bank Company Overview

M&T Bank logo
M&T Bank Corporation operates as a bank holding company that provides commercial and retail banking services. The company's Business Banking segment offers deposit, lending, cash management, and other financial services to small businesses and professionals. Its Commercial Banking segment provides deposit products, commercial lending and leasing, letters of credit, and cash management services for middle-market and large commercial customers. The company's Commercial Real Estate segment originates, sells, and services commercial real estate loans; and offers deposit services. Its Discretionary Portfolio segment provides deposits; securities, residential real estate loans, and other assets; and short and long term borrowed funds, as well as foreign exchange services. The company's Residential Mortgage Banking segment offers residential real estate loans for consumers and sells those loans in the secondary market; and purchases servicing rights to loans originated by other entities. Its Retail Banking segment offers demand, savings, and time accounts; consumer installment loans, automobile and recreational finance loans, home equity loans and lines of credit, and credit cards; mutual funds and annuities; and other services. The company also provides trust and wealth management; fiduciary and custodial; insurance agency; institutional brokerage and securities; and investment management services. It offers its services through banking offices, business banking centers, telephone and internet banking, and automated teller machines. As of December 31, 2021, the company operates 688 domestic banking offices in New York State, Maryland, New Jersey, Pennsylvania, Delaware, Connecticut, Virginia, West Virginia, and the District of Columbia; and a full-service commercial banking office in Ontario, Canada. M&T Bank Corporation was founded in 1856 and is headquartered in Buffalo, New York.
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Today's Range

Now: $174.96
Low: $173.56
High: $177.08

50 Day Range

MA: $181.92
Low: $168.96
High: $191.41

2 Week Range

Now: $174.96
Low: $141.49
High: $193.42

Volume

40,836 shs

Average Volume

1,001,615 shs

Market Capitalization

$31.39 billion

P/E Ratio

16.26

Dividend Yield

2.71%

Beta

0.88