What is the size and ownership stake of M&T Bank Corp's new investment in REX American Resources Corporation?

M&T Bank Corp purchased 532,135 shares of REX American Resources Corporation valued at approximately $17.2 million during the fourth quarter, representing about 1.62% ownership in the company.

What recent financial and rating developments has REX American Resources Corporation experienced alongside M&T Bank Corp's investment?

REX American Resources Corporation recently reported quarterly earnings of $1.32 EPS, significantly exceeding the estimate of $0.14, and subsequently received a 'Buy' rating upgrade from Weiss Ratings.

M&T Bank Corp Makes New $17.20 Million Investment in REX American Resources Corporation

Apr 24, 2026

M&T Bank Corp acquired a 1.62% stake in agribusiness and renewable energy firm REX American Resources with a $17.2 million investment. REX recently beat earnings estimates and received a Buy rating upgrade from Weiss Ratings.

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