What is M&T Bank Co.'s stock symbol?
M&T Bank Co. trades on the New York Stock Exchange (NYSE) under the ticker symbol "MTB."
How often does M&T Bank Co. pay dividends? What is the dividend yield for M&T Bank Co.?
M&T Bank Co. declared a quarterly dividend on Wednesday, February 22nd. Shareholders of record on Monday, March 6th will be given a dividend of $0.75 per share on Friday, March 31st. This represents a $3.00 dividend on an annualized basis and a yield of 1.79%. This is a boost from M&T Bank Co.'s previous quarterly dividend of $0.70.
Where is M&T Bank Co.'s stock going? Where will M&T Bank Co.'s stock price be in 2017?
18 brokers have issued 12 month target prices for M&T Bank Co.'s stock. Their forecasts range from $103.00 to $172.00. On average, they anticipate M&T Bank Co.'s stock price to reach $136.15 in the next twelve months.
When will M&T Bank Co. announce their earnings?
M&T Bank Co. is scheduled to release their next quarterly earnings announcement on Monday, April, 17th 2017.
What are analysts saying about M&T Bank Co. stock?
Here are some recent quotes from research analysts about M&T Bank Co. stock:
According to Zacks Investment Research, "M&T Bank shares outperformed the Zacks categorized Regional Banks-Major industry over the past one year. Though the company witnessed organic growth on rise in loan and deposit balances and higher fourth-quarter 2016 revenues, operating earnings lagged the Zacks Consensus Estimate as well as the prior-year quarter figure owing to higher provisions. Mounting costs resulting from ongoing investments in several areas and pending litigations remain a hindrance for the bottom line. Further, the company’s higher exposure in commercial real estate loans poses a threat, in addition to stricter regulatory norms. However, the company’s top line seems encouraging given its diverse fee income base and consistent rise in deposit and loan growth amid an improving economy. Also, the company raised its prime lending rate to 3.75%, following Fed interest rate hike to 0.50%–0.75%." (1/24/2017)
- FBR & Co analysts commented, "We reiterate our Market Perform rating on M&T Bank following 4Q16 results. This was a solid quarter for M&T, with NIM expansion, strong fee income, and betterthan-expected core expenses. Still, operating EPS grew just 2.2% YOY, although we expect rising rates should help this accelerate in 2017. Profitability remains strong as evidenced by MTB's 1.0% ROAA, 12.4% ROTCE, and 57.3% efficiency ratio. M&T is a quality franchise, but we remain on the sidelines given relative valuation. To reflect stronger net interest income, we raise our respective 2017 and 2018 EPS estimates to $8.70 and $9.75 (from $8.60 and $9.30). To reflect higher estimates, we raise our price target to $165 (from $160), equal to 16.9x our 2018 EPS estimate and 2.4x 4Q16 TBV." (1/20/2017)
Who owns M&T Bank Co. stock?
M&T Bank Co.'s stock is owned by a variety of of institutional and retail investors. Top institutional investors include State Street Corp (5.25%), Institutional Capital LLC (0.70%), Baillie Gifford & Co. (0.33%), Prudential PLC (0.21%), Thrivent Financial for Lutherans (0.21%) and New York State Teachers Retirement System (0.18%). Company insiders that own M&T Bank Co. stock include Brian E Hickey, D Scott N Warman, Darren J King, Drew J Pfirrman, Gino A Martocci, Janet M Coletti, John L Dangelo, Kevin J Pearson, Mark J Czarnecki, Michael J Todaro, Michael R Spychala, Michele D Trolli, Rene F Jones, Richard S Gold, Robert G Wilmers, Robert J Bojdak and Sabeth Siddique.
Who sold M&T Bank Co. stock? Who is selling M&T Bank Co. stock?
M&T Bank Co.'s stock was sold by a variety of institutional investors in the last quarter, including Institutional Capital LLC, Prudential PLC, Thrivent Financial for Lutherans, Baillie Gifford & Co., Janus Capital Management LLC, Basswood Capital Management L.L.C., Comerica Bank and Gabelli Funds LLC. Company insiders that have sold M&T Bank Co. stock in the last year include Brian E Hickey, D Scott N Warman, Darren J King, Drew J Pfirrman, Gino A Martocci, John L Dangelo, Kevin J Pearson, Mark J Czarnecki, Michael J Todaro, Michele D Trolli, Rene F Jones, Richard S Gold, Robert G Wilmers, Robert J Bojdak and Sabeth Siddique.
Who bought M&T Bank Co. stock? Who is buying M&T Bank Co. stock?
M&T Bank Co.'s stock was bought by a variety of institutional investors in the last quarter, including State Street Corp, Martingale Asset Management L P, Russell Investments Group Ltd., Teachers Retirement System of The State of Kentucky, Loomis Sayles & Co. L P, Elkfork Partners LLC, Cigna Investments Inc. New and Norway Savings Bank.
How do I buy M&T Bank Co. stock?
Shares of M&T Bank Co. can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
How much does a share of M&T Bank Co. stock cost?
One share of M&T Bank Co. stock can currently be purchased for approximately $168.03.