FY2025 Earnings Estimate for M&T Bank Issued By DA Davidson

Key Points

• DA Davidson has raised its FY2025 earnings per share estimate for M&T Bank to $16.77, up from $16.66, reflecting a positive outlook for the financial services provider.
• M&T Bank recently increased its quarterly dividend to $1.50 per share, which translates to an annualized yield of 3.3% and is an increase from the previous dividend of $1.35.
• The stock currently has a market cap of $28.48 billion and is rated as a "Moderate Buy" with a consensus price target of $217.76, indicating strong interest from institutional investors.

M&T Bank Corporation (NYSE:MTB - Free Report) - Investment analysts at DA Davidson boosted their FY2025 earnings per share estimates for shares of M&T Bank in a report released on Monday, October 20th. DA Davidson analyst P. Winter now expects that the financial services provider will post earnings per share of $16.77 for the year, up from their prior estimate of $16.66. DA Davidson currently has a "Neutral" rating and a $207.00 price objective on the stock. The consensus estimate for M&T Bank's current full-year earnings is $16.57 per share. DA Davidson also issued estimates for M&T Bank's Q4 2025 earnings at $4.57 EPS.

MTB has been the subject of a number of other reports. Citigroup upped their price target on shares of M&T Bank from $200.00 to $212.00 and gave the stock a "neutral" rating in a research report on Wednesday, July 2nd. Evercore ISI increased their price target on shares of M&T Bank from $222.00 to $225.00 and gave the company an "outperform" rating in a report on Tuesday, September 30th. Wells Fargo & Company lifted their price objective on shares of M&T Bank from $175.00 to $185.00 and gave the stock an "underweight" rating in a research note on Thursday, July 17th. Cantor Fitzgerald began coverage on M&T Bank in a research report on Wednesday, September 10th. They set an "overweight" rating and a $228.00 target price for the company. Finally, Weiss Ratings reaffirmed a "buy (b-)" rating on shares of M&T Bank in a research note on Wednesday, October 8th. One investment analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $217.76.

M&T Bank Stock Performance

Shares of NYSE MTB opened at $182.24 on Tuesday. M&T Bank has a 52-week low of $150.75 and a 52-week high of $225.70. The company has a quick ratio of 0.97, a current ratio of 0.91 and a debt-to-equity ratio of 0.49. The firm's 50-day moving average price is $194.75 and its 200-day moving average price is $186.63. The company has a market cap of $28.48 billion, a PE ratio of 11.22, a PEG ratio of 0.90 and a beta of 0.62.

M&T Bank (NYSE:MTB - Get Free Report) last released its quarterly earnings data on Wednesday, March 9th. The financial services provider reported $3.54 EPS for the quarter. M&T Bank had a return on equity of 10.62% and a net margin of 20.91%.The company had revenue of $1.54 billion for the quarter.

M&T Bank Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 30th. Investors of record on Tuesday, September 2nd were issued a dividend of $1.50 per share. This represents a $6.00 dividend on an annualized basis and a dividend yield of 3.3%. This is a positive change from M&T Bank's previous quarterly dividend of $1.35. The ex-dividend date of this dividend was Tuesday, September 2nd. M&T Bank's dividend payout ratio is presently 36.95%.

Insider Buying and Selling

In related news, Director John P. Barnes sold 15,000 shares of the stock in a transaction that occurred on Friday, August 22nd. The shares were sold at an average price of $199.79, for a total value of $2,996,850.00. Following the transaction, the director owned 17,866 shares in the company, valued at approximately $3,569,448.14. This represents a 45.64% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 0.53% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Wealth Preservation Advisors LLC acquired a new position in M&T Bank in the first quarter valued at approximately $25,000. WPG Advisers LLC acquired a new stake in M&T Bank in the 1st quarter valued at $25,000. Golden State Wealth Management LLC grew its stake in M&T Bank by 2,214.3% in the 2nd quarter. Golden State Wealth Management LLC now owns 162 shares of the financial services provider's stock valued at $31,000 after acquiring an additional 155 shares during the period. Twin Peaks Wealth Advisors LLC purchased a new stake in M&T Bank in the 2nd quarter worth $36,000. Finally, Family Legacy Financial Solutions LLC acquired a new position in M&T Bank during the second quarter worth $46,000. 84.68% of the stock is currently owned by institutional investors and hedge funds.

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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