FY2025 EPS Estimates for M&T Bank Raised by Zacks Research

Key Points

• Zacks Research has raised its FY2025 earnings estimate for M&T Bank to $16.40 per share, an increase from the previous estimate of $16.06, while the consensus estimate stands at $16.57.
• M&T Bank reported earnings of $4.28 EPS for the quarter, exceeding the consensus estimate of $4.04, alongside revenue of $2.40 billion.
• Insider transactions revealed significant share sales, with Executive VP Peter D'arcy and Director Robert E. Sadler, Jr. reducing their holdings by 20.89% and 22.51% respectively.

M&T Bank Corporation (NYSE:MTB - Free Report) - Stock analysts at Zacks Research raised their FY2025 earnings estimates for shares of M&T Bank in a research report issued to clients and investors on Tuesday, August 5th. Zacks Research analyst R. Department now forecasts that the financial services provider will post earnings of $16.40 per share for the year, up from their prior estimate of $16.06. The consensus estimate for M&T Bank's current full-year earnings is $16.57 per share. Zacks Research also issued estimates for M&T Bank's Q2 2026 earnings at $4.62 EPS, Q3 2026 earnings at $4.81 EPS, Q4 2026 earnings at $4.93 EPS, Q1 2027 earnings at $4.68 EPS and Q2 2027 earnings at $5.01 EPS.

Several other equities analysts have also issued reports on MTB. Wall Street Zen raised shares of M&T Bank from a "sell" rating to a "hold" rating in a report on Wednesday, May 14th. Piper Sandler dropped their target price on M&T Bank from $220.00 to $210.00 and set an "overweight" rating on the stock in a research report on Tuesday, April 15th. Morgan Stanley boosted their price target on M&T Bank from $206.00 to $215.00 and gave the stock an "overweight" rating in a research report on Friday, June 20th. Royal Bank Of Canada restated an "outperform" rating and set a $200.00 price objective on shares of M&T Bank in a research note on Monday, May 19th. Finally, Jefferies Financial Group set a $225.00 target price on M&T Bank and gave the company a "buy" rating in a research note on Wednesday, May 21st. One analyst has rated the stock with a sell rating, eight have issued a hold rating and thirteen have issued a buy rating to the company. Based on data from MarketBeat.com, M&T Bank presently has an average rating of "Moderate Buy" and a consensus price target of $212.88.

M&T Bank Price Performance

Shares of MTB stock opened at $185.79 on Thursday. The company has a debt-to-equity ratio of 0.47, a current ratio of 0.97 and a quick ratio of 0.97. The company's 50-day simple moving average is $190.66 and its two-hundred day simple moving average is $184.29. The company has a market capitalization of $29.82 billion, a P/E ratio of 12.03, a P/E/G ratio of 0.92 and a beta of 0.63. M&T Bank has a one year low of $150.75 and a one year high of $225.70.

M&T Bank (NYSE:MTB - Get Free Report) last released its quarterly earnings data on Wednesday, July 16th. The financial services provider reported $4.28 EPS for the quarter, beating the consensus estimate of $4.04 by $0.24. M&T Bank had a net margin of 20.44% and a return on equity of 10.35%. The business had revenue of $2.40 billion during the quarter, compared to the consensus estimate of $2.39 billion. During the same quarter in the prior year, the firm earned $3.73 EPS.

M&T Bank Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 30th. Shareholders of record on Monday, June 2nd were issued a $1.35 dividend. This represents a $5.40 dividend on an annualized basis and a yield of 2.9%. The ex-dividend date of this dividend was Monday, June 2nd. M&T Bank's payout ratio is currently 34.97%.

Insider Buying and Selling at M&T Bank

In other news, EVP Peter D'arcy sold 2,461 shares of M&T Bank stock in a transaction that occurred on Tuesday, July 22nd. The shares were sold at an average price of $197.31, for a total transaction of $485,579.91. Following the completion of the sale, the executive vice president directly owned 9,319 shares in the company, valued at approximately $1,838,731.89. This trade represents a 20.89% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Robert E. Sadler, Jr. sold 6,700 shares of the firm's stock in a transaction dated Thursday, June 12th. The stock was sold at an average price of $183.52, for a total transaction of $1,229,584.00. Following the sale, the director directly owned 23,070 shares in the company, valued at $4,233,806.40. This represents a 22.51% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 10,438 shares of company stock valued at $1,967,346. 0.53% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On M&T Bank

Several large investors have recently modified their holdings of the stock. Wellington Management Group LLP raised its stake in M&T Bank by 33.1% during the 1st quarter. Wellington Management Group LLP now owns 9,894,065 shares of the financial services provider's stock valued at $1,768,564,000 after purchasing an additional 2,460,315 shares during the period. Invesco Ltd. grew its position in M&T Bank by 15.2% in the first quarter. Invesco Ltd. now owns 3,552,666 shares of the financial services provider's stock valued at $635,039,000 after acquiring an additional 468,758 shares during the period. Northern Trust Corp boosted its holdings in shares of M&T Bank by 2.3% in the 1st quarter. Northern Trust Corp now owns 1,721,410 shares of the financial services provider's stock worth $307,702,000 after acquiring an additional 38,081 shares in the last quarter. Dimensional Fund Advisors LP increased its position in M&T Bank by 0.8% in the 1st quarter. Dimensional Fund Advisors LP now owns 1,611,137 shares of the financial services provider's stock valued at $287,932,000 after acquiring an additional 12,580 shares in the last quarter. Finally, First Trust Advisors LP lifted its stake in shares of M&T Bank by 2.1% during the fourth quarter. First Trust Advisors LP now owns 1,605,724 shares of the financial services provider's stock valued at $301,892,000 after acquiring an additional 33,017 shares during the period. Institutional investors own 84.68% of the company's stock.

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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