Zacks Research Has Bearish Forecast for M&T Bank Q2 Earnings

M&T Bank Co. (NYSE:MTB - Free Report) - Stock analysts at Zacks Research decreased their Q2 2025 EPS estimates for shares of M&T Bank in a research report issued to clients and investors on Monday, May 5th. Zacks Research analyst R. Department now expects that the financial services provider will post earnings per share of $3.98 for the quarter, down from their previous forecast of $4.01. 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 Q3 2025 earnings at $4.28 EPS, Q4 2025 earnings at $4.41 EPS, Q1 2026 earnings at $3.98 EPS, Q3 2026 earnings at $4.73 EPS, Q4 2026 earnings at $4.81 EPS and FY2027 earnings at $20.21 EPS.

Other analysts have also issued research reports about the company. Citigroup dropped their price objective on M&T Bank from $230.00 to $195.00 and set a "neutral" rating for the company in a research note on Monday, March 24th. Deutsche Bank Aktiengesellschaft raised shares of M&T Bank from a "hold" rating to a "buy" rating and set a $210.00 price target on the stock in a report on Thursday, April 24th. DA Davidson lowered their price objective on shares of M&T Bank from $205.00 to $189.00 and set a "neutral" rating for the company in a research note on Tuesday, April 15th. Robert W. Baird cut their target price on M&T Bank from $220.00 to $200.00 and set an "outperform" rating on the stock in a research note on Tuesday, April 15th. Finally, Evercore ISI reduced their target price on M&T Bank from $234.00 to $205.00 and set an "outperform" rating on the stock in a research note on Thursday, March 13th. Two investment analysts have rated the stock with a sell rating, eight have given a hold rating and ten have given a buy rating to the company. According to MarketBeat, the stock currently has an average rating of "Hold" and an average target price of $208.24.

M&T Bank Trading Down 0.3 %

Shares of MTB stock traded down $0.45 on Thursday, hitting $177.11. 872,893 shares of the company's stock traded hands, compared to its average volume of 1,127,970. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.99 and a current ratio of 0.98. The stock has a market capitalization of $29.10 billion, a price-to-earnings ratio of 12.11, a P/E/G ratio of 1.38 and a beta of 0.58. The company's fifty day simple moving average is $170.16 and its 200 day simple moving average is $189.59. M&T Bank has a one year low of $139.78 and a one year high of $225.70.

M&T Bank (NYSE:MTB - Get Free Report) last announced its 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). M&T Bank had a net margin of 19.24% and a return on equity of 10.12%. 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 earned $3.09 earnings per share.

Institutional Investors Weigh In On M&T Bank

Several institutional investors have recently made changes to their positions in the stock. FMR LLC raised its holdings in M&T Bank by 14.3% during the fourth quarter. FMR LLC now owns 14,110,412 shares of the financial services provider's stock worth $2,652,899,000 after purchasing an additional 1,761,014 shares during the last quarter. Norges Bank acquired a new position in shares of M&T Bank during the 4th quarter worth $317,690,000. GAMMA Investing LLC boosted its position in shares of M&T Bank by 18,471.2% in the 1st quarter. GAMMA Investing LLC now owns 705,705 shares of the financial services provider's stock worth $126,145,000 after buying an additional 701,905 shares in the last quarter. Nuveen Asset Management LLC grew its stake in M&T Bank by 22.3% in the 4th quarter. Nuveen Asset Management LLC now owns 1,567,270 shares of the financial services provider's stock valued at $294,662,000 after acquiring an additional 286,049 shares during the last quarter. Finally, D. E. Shaw & Co. Inc. purchased a new position in M&T Bank during the 4th quarter valued at about $48,939,000. 84.68% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other M&T Bank news, EVP Christopher E. Kay sold 1,738 shares of the company's stock in a transaction on Wednesday, March 12th. The shares were sold at an average price of $172.34, for a total transaction of $299,526.92. Following the completion of the transaction, the executive vice president now owns 10,751 shares in the company, valued at approximately $1,852,827.34. This represents a 13.92 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 0.53% of the company's stock.

M&T Bank declared that its Board of Directors has initiated a stock buyback program on Wednesday, January 22nd that authorizes the company to buyback $4.00 billion in shares. This buyback authorization authorizes the financial services provider to purchase up to 12.3% of its stock through open market purchases. Stock buyback programs are generally a sign that the company's board of directors believes its stock is undervalued.

M&T Bank Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Monday, March 3rd were given a dividend of $1.35 per share. This represents a $5.40 dividend on an annualized basis and a dividend yield of 3.05%. The ex-dividend date of this dividend was Monday, March 3rd. M&T Bank's dividend payout ratio (DPR) is currently 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.