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Robert Wilmers: The Buffett of Banking

TheMotleyFool

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Robert Wilmers: The Buffett of BankingPhoto, wide shot, wide-angle lens, soft focus, Asset management firm, Midday, harsh overhead sunlight, directional sunlightt, photo by Art Wolfe: https://oaidalleapiprodscus.blob.core.windows.net/private/org-IbuNdCATsFaPOITjFOv2kJh3/user-AXaxqjBUW45D8BadJEo9mUpW/img-4Gf80r47YD589EFtjlMy4oXE.png?st=2023-05-06T14%3A52%3A24Z&se=2023-05-06T16%3A52%3A24Z&sp=r&sv=2021-08-06&sr=b&rscd=inline&rsct=image/png&skoid=6aaadede-4fb3-4698-a8f6-684d7786b067&sktid=a48cca56-e6da-484e-a814-9c849652bcb3&skt=2023-05-06T00%3A39%3A24Z&ske=2023-05-07T00%3A39%3A24Z&sks=b&skv=2021-08-06&sig=d8x8qxYEsZ8AfRwcBw8eUkxkNQFVf9GobJgEag27Xug%3D

Robert Wilmers may not be a household name, but the chairman and CEO of M&T Bank (NYSE: MTB) is one of this country's finest bankers. Since assuming control of the Buffalo, New York-based lender in 1983, Wilmers has produced among the highest total shareholder returns not only in the bank industry, but in the entire stock market.

In this segment from Industry Focus: Financials, analyst Gaby Lapera and Fool contributor John Maxfield discuss what makes Wilmers one of the best bankers of the modern era.

A full transcript follows the video.

Source: Fool.com