What is Zacks Research's Forecast for M&T Bank Q3 Earnings?

Key Points

• Zacks Research has increased its Q3 2025 earnings per share (EPS) estimate for M&T Bank to $4.38, up from the previous estimate of $4.27.
• M&T Bank's stock currently holds an average rating of "Moderate Buy", with a consensus price target of $212.88.
• The bank announced a quarterly dividend of $1.35 per share, representing an annualized dividend yield of 2.9%.

M&T Bank Corporation (NYSE:MTB - Free Report) - Investment analysts at Zacks Research lifted their Q3 2025 earnings per share (EPS) estimates for shares of M&T Bank in a report issued on Tuesday, August 5th. Zacks Research analyst R. Department now expects that the financial services provider will earn $4.38 per share for the quarter, up from their prior forecast of $4.27. 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 Q4 2025 earnings at $4.36 EPS, FY2026 earnings at $18.29 EPS and FY2027 earnings at $20.19 EPS.

A number of other equities analysts also recently weighed in on the company. Citigroup upped their target price on M&T Bank from $200.00 to $212.00 and gave the company a "neutral" rating in a report on Wednesday, July 2nd. Truist Financial lowered their price target on M&T Bank from $225.00 to $200.00 and set a "buy" rating for the company in a research note on Tuesday, April 15th. Wells Fargo & Company boosted their price target on M&T Bank from $175.00 to $185.00 and gave the company an "underweight" rating in a research note on Thursday, July 17th. Wall Street Zen raised M&T Bank from a "sell" rating to a "hold" rating in a research note on Wednesday, May 14th. Finally, Jefferies Financial Group set a $225.00 price target on M&T Bank and gave the company a "buy" rating in a research note on Wednesday, May 21st. One research analyst has rated the stock with a sell rating, eight have given a hold rating and thirteen have given a buy rating to the company. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of $212.88.

M&T Bank Stock Up 1.9%

Shares of MTB traded up $3.48 during trading hours on Friday, reaching $187.22. The company's stock had a trading volume of 810,853 shares, compared to its average volume of 1,134,926. The firm has a market cap of $29.26 billion, a price-to-earnings ratio of 12.13, a P/E/G ratio of 0.92 and a beta of 0.63. M&T Bank has a 1-year low of $150.75 and a 1-year high of $225.70. The company has a quick ratio of 0.97, a current ratio of 0.97 and a debt-to-equity ratio of 0.47. The company has a 50 day moving average of $190.77 and a two-hundred day moving average of $184.04.

M&T Bank (NYSE:MTB - Get Free Report) last issued its earnings results on Wednesday, July 16th. The financial services provider reported $4.28 earnings per share for the quarter, beating analysts' consensus estimates of $4.04 by $0.24. The company had revenue of $2.40 billion for the quarter, compared to the consensus estimate of $2.39 billion. M&T Bank had a return on equity of 10.35% and a net margin of 20.44%. During the same quarter in the prior year, the company earned $3.73 EPS.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the stock. Wealth Preservation Advisors LLC acquired a new stake in shares of M&T Bank in the first quarter valued at $25,000. WPG Advisers LLC acquired a new stake in M&T Bank in the first quarter worth about $25,000. Wood Tarver Financial Group LLC bought a new position in M&T Bank during the fourth quarter worth about $29,000. Golden State Wealth Management LLC boosted its holdings in M&T Bank by 2,214.3% during the second quarter. Golden State Wealth Management LLC now owns 162 shares of the financial services provider's stock worth $31,000 after buying an additional 155 shares during the last quarter. Finally, Banque Transatlantique SA bought a new position in M&T Bank during the fourth quarter worth about $38,000. 84.68% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, Director Robert E. Sadler, Jr. sold 6,700 shares of the firm's stock in a transaction on Thursday, June 12th. The stock was 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 directly owned 23,070 shares of the company's stock, valued at $4,233,806.40. This trade represents a 22.51% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Richard H. Jr. Ledgett sold 1,277 shares of the firm's stock in a transaction on Monday, July 21st. The stock was sold at an average price of $197.48, for a total value of $252,181.96. Following the completion of the transaction, the director directly owned 4,881 shares of the company's stock, valued at approximately $963,899.88. This trade represents a 20.74% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 10,438 shares of company stock valued at $1,967,346 over the last ninety days. 0.53% of the stock is owned by company insiders.

M&T Bank Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, June 30th. Investors of record on Monday, June 2nd were given a $1.35 dividend. This represents a $5.40 annualized dividend and a yield of 2.9%. The ex-dividend date of this dividend was Monday, June 2nd. M&T Bank's dividend payout ratio (DPR) is 34.97%.

M&T Bank Company Profile

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.