What is DA Davidson's Estimate for M&T Bank Q2 Earnings?

M&T Bank Co. (NYSE:MTB - Free Report) - Research analysts at DA Davidson issued their Q2 2025 earnings per share (EPS) estimates for shares of M&T Bank in a report released on Tuesday, April 15th. DA Davidson analyst P. Winter forecasts that the financial services provider will post earnings per share of $3.94 for the quarter. 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. DA Davidson also issued estimates for M&T Bank's FY2025 earnings at $15.89 EPS.

M&T Bank (NYSE:MTB - Get Free Report) last posted its quarterly earnings results on Monday, April 14th. The financial services provider reported $3.38 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $3.41 by ($0.03). M&T Bank had a return on equity of 10.12% and a net margin of 19.24%. The company had revenue of $2.31 billion during the quarter, compared to analysts' expectations of $2.35 billion. During the same period in the prior year, the business posted $3.09 EPS.

A number of other research analysts also recently weighed in on MTB. Royal Bank of Canada decreased their price objective on shares of M&T Bank from $208.00 to $200.00 and set an "outperform" rating for the company in a research report on Tuesday, April 15th. JPMorgan Chase & Co. cut their price objective on M&T Bank from $212.50 to $186.50 and set a "neutral" rating for the company in a research report on Thursday, April 3rd. Piper Sandler decreased 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. Robert W. Baird reduced their price objective on shares of M&T Bank from $220.00 to $200.00 and set an "outperform" rating for the company in a research report on Tuesday, April 15th. Finally, Evercore ISI dropped their target price on shares of M&T Bank from $234.00 to $205.00 and set an "outperform" rating on the stock in a research report on Thursday, March 13th. One equities research analyst has rated the stock with a sell rating, nine have assigned a hold rating and nine have assigned a buy rating to the stock. According to MarketBeat.com, the stock has an average rating of "Hold" and a consensus target price of $208.14.

M&T Bank Stock Performance

MTB traded down $3.20 during midday trading on Wednesday, hitting $157.03. 493,816 shares of the company were exchanged, compared to its average volume of 1,108,921. The firm has a market capitalization of $25.80 billion, a price-to-earnings ratio of 10.73, a price-to-earnings-growth ratio of 1.38 and a beta of 0.58. The company's 50 day simple moving average is $177.25 and its 200 day simple moving average is $191.36. The company has a current ratio of 0.98, a quick ratio of 0.99 and a debt-to-equity ratio of 0.47. M&T Bank has a 1-year low of $139.78 and a 1-year high of $225.70.

M&T Bank Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Monday, March 3rd were paid a dividend of $1.35 per share. The ex-dividend date was Monday, March 3rd. This represents a $5.40 annualized dividend and a yield of 3.44%. M&T Bank's payout ratio is 36.17%.

M&T Bank announced that its board has initiated a stock repurchase plan on Wednesday, January 22nd that allows the company to repurchase $4.00 billion in shares. This repurchase authorization allows the financial services provider to reacquire up to 12.3% of its shares through open market purchases. Shares repurchase plans are generally an indication that the company's management believes its shares are undervalued.

Insider Activity at M&T Bank

In other M&T Bank news, EVP Christopher E. Kay sold 1,738 shares of M&T Bank stock in a transaction on Wednesday, March 12th. The stock was sold at an average price of $172.34, for a total transaction of $299,526.92. Following the sale, the executive vice president now owns 10,751 shares of the company's stock, valued at $1,852,827.34. The trade was a 13.92 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 0.53% of the company's stock.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the company. Wood Tarver Financial Group LLC purchased a new position in M&T Bank during the 4th quarter worth approximately $29,000. Banque Transatlantique SA acquired a new position in shares of M&T Bank in the fourth quarter worth $38,000. Y.D. More Investments Ltd boosted its position in M&T Bank by 122.6% during the fourth quarter. Y.D. More Investments Ltd now owns 207 shares of the financial services provider's stock valued at $39,000 after purchasing an additional 114 shares during the last quarter. Grove Bank & Trust increased its position in M&T Bank by 104.6% in the 1st quarter. Grove Bank & Trust now owns 223 shares of the financial services provider's stock worth $40,000 after purchasing an additional 114 shares during the last quarter. Finally, Human Investing LLC purchased a new stake in shares of M&T Bank during the 4th quarter worth about $44,000. 84.68% of the stock is 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.