DA Davidson Weighs in on M&T Bank's Q2 Earnings (NYSE:MTB)

M&T Bank Corporation (NYSE:MTB - Free Report) - Equities research analysts at DA Davidson lifted their Q2 2025 EPS estimates for shares of M&T Bank in a research note issued on Friday, June 27th. DA Davidson analyst P. Winter now expects that the financial services provider will earn $4.03 per share for the quarter, up from their previous estimate of $3.94. DA Davidson currently has a "Neutral" rating and a $189.00 target price on the stock. The consensus estimate for M&T Bank's current full-year earnings is $16.57 per share.

MTB has been the topic of several other reports. Citigroup lifted their price target on shares of M&T Bank from $195.00 to $200.00 and gave the company a "neutral" rating in a research note on Monday, June 23rd. TD Cowen began coverage on shares of M&T Bank in a research note on Thursday, May 15th. They issued a "buy" rating and a $230.00 price target on the stock. Piper Sandler cut their price objective on shares of M&T Bank from $220.00 to $210.00 and set an "overweight" rating for the company in a report on Tuesday, April 15th. Jefferies Financial Group set a $225.00 price objective on shares of M&T Bank and gave the company a "buy" rating in a report on Wednesday, May 21st. Finally, Cowen began coverage on shares of M&T Bank in a report on Wednesday, May 14th. They issued a "buy" rating for the company. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating and thirteen have given a buy rating to the company. Based on data from MarketBeat, M&T Bank presently has a consensus rating of "Moderate Buy" and a consensus price target of $210.88.

M&T Bank Stock Performance

Shares of MTB stock opened at $193.87 on Monday. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.97 and a current ratio of 0.97. The company has a market capitalization of $31.12 billion, a P/E ratio of 12.98, a price-to-earnings-growth ratio of 1.40 and a beta of 0.62. The company's 50 day moving average price is $179.92 and its two-hundred day moving average price is $183.42. M&T Bank has a 52 week low of $145.82 and a 52 week high of $225.70.

M&T Bank (NYSE:MTB - Get Free Report) last announced its quarterly earnings results on Monday, April 14th. The financial services provider reported $3.38 earnings per share for the quarter, missing analysts' consensus estimates of $3.41 by ($0.03). The firm had revenue of $2.31 billion during the quarter, compared to analyst estimates of $2.35 billion. M&T Bank had a net margin of 19.86% and a return on equity of 10.18%. During the same quarter in the prior year, the business earned $3.09 earnings per share.

Hedge Funds Weigh In On M&T Bank

Several large investors have recently modified their holdings of MTB. Wealth Preservation Advisors LLC purchased a new position in M&T Bank during the first quarter valued at approximately $25,000. WPG Advisers LLC purchased a new position in M&T Bank during the first quarter valued at approximately $25,000. Wood Tarver Financial Group LLC purchased a new position in M&T Bank during the fourth quarter valued at approximately $29,000. Banque Transatlantique SA purchased a new position in M&T Bank during the fourth quarter valued at approximately $38,000. Finally, Grove Bank & Trust grew its stake in M&T Bank by 104.6% during the first quarter. Grove Bank & Trust now owns 223 shares of the financial services provider's stock valued at $40,000 after acquiring an additional 114 shares in the last quarter. Hedge funds and other institutional investors own 84.68% of the company's stock.

Insider Buying and Selling

In other news, Director Robert E. Sadler, Jr. sold 6,700 shares of M&T Bank stock in a transaction dated Thursday, June 12th. The shares were sold at an average price of $183.52, for a total value of $1,229,584.00. Following the completion of the transaction, the director now owns 23,070 shares in the company, valued at $4,233,806.40. This trade represents a 22.51% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.53% of the stock is currently owned by corporate insiders.

M&T Bank Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 30th. Investors of record on Monday, June 2nd will be issued a dividend of $1.35 per share. The ex-dividend date of this dividend is Monday, June 2nd. This represents a $5.40 dividend on an annualized basis and a yield of 2.79%. M&T Bank's dividend payout ratio (DPR) is presently 36.17%.

About M&T Bank

M&T Bank Corp. operates as a bank holding company, which engages in the provision of retail and commercial banking, trust, wealth management, and investment services. It operates through the following segments: Commercial Bank, Retail Bank, Institutional Services and Wealth Management, and All Other.

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