M&T Bank Co. Company Profile (NYSE:MTB)

About M&T Bank Co.

M&T Bank Co. logoM&T Bank Corporation (M&T) is a bank holding company. The Company, through its subsidiaries, M&T Bank and Wilmington Trust, National Association (Wilmington Trust, N.A.), offer a range of retail and commercial banking, trust and wealth management, and investment services to their customers. M&T's segments include Business Banking, Commercial Banking, Commercial Real Estate, Discretionary Portfolio, Residential Mortgage Banking and Retail Banking. The Business Banking segment provides a range of services to small businesses and professionals. The Commercial Real Estate segment provides credit and deposit services to its customers. The Discretionary Portfolio segment includes investment and trading account securities; residential real estate loans and other assets, and Cayman Islands office deposits. The Residential Mortgage Banking segment primarily originates and services residential mortgage loans. The Retail Banking segment offers a range of retail banking services to consumers.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Regional - Northeast Banks
  • Sub-Industry: Regional Banks
  • Exchange: NYSE
  • Symbol: MTB
  • CUSIP: 55261F10
Key Metrics:
  • Previous Close: $167.93
  • 50 Day Moving Average: $161.31
  • 200 Day Moving Average: $136.64
  • 52-Week Range: $101.95 - $170.80
  • Trailing P/E Ratio: 21.60
  • Foreward P/E Ratio: 17.11
  • P/E Growth: 2.59
  • Market Cap: $26.25B
  • Outstanding Shares: 156,212,000
  • Beta: 0.77
Profitability:
  • Net Margins: 22.98%
  • Return on Equity: 8.98%
  • Return on Assets: 1.09%
Debt:
  • Debt-to-Equity Ratio: 0.62%
  • Current Ratio: 0.99%
  • Quick Ratio: 1.06%
Additional Links:
Companies Related to M&T Bank Co.:

Analyst Ratings

Consensus Ratings for M&T Bank Co. (NYSE:MTB) (?)
Ratings Breakdown: 2 Sell Ratings, 13 Hold Ratings, 3 Buy Ratings
Consensus Rating:Hold (Score: 2.06)
Consensus Price Target: $136.15 (18.97% downside)

Analysts' Ratings History for M&T Bank Co. (NYSE:MTB)
Show:
DateFirmActionRatingPrice TargetDetails
1/20/2017FBR & CoBoost Price TargetMarket Perform$160.00 -> $165.00View Rating Details
1/4/2017RBC Capital MarketsReiterated RatingBuy$168.00View Rating Details
1/3/2017Barclays PLCReiterated RatingOverweight$130.00 -> $172.00View Rating Details
12/15/2016Bank of America CorpDowngradeNeutral -> Underperform$117.00 -> $155.00View Rating Details
11/30/2016Deutsche Bank AGBoost Price TargetHold$124.00 -> $150.00View Rating Details
11/30/2016WedbushBoost Price TargetNeutral$128.00 -> $134.00View Rating Details
11/19/2016Sanford C. BernsteinReiterated RatingMarket PerformView Rating Details
11/19/2016Robert W. BairdReiterated RatingUnderperformView Rating Details
7/21/2016Jefferies Group LLCReiterated RatingHold$116.00 -> $111.00View Rating Details
7/12/2016Credit Suisse GroupReiterated RatingHoldView Rating Details
7/9/2016NomuraDowngradeHoldView Rating Details
7/9/2016Wells Fargo & CompanyReiterated RatingHoldView Rating Details
7/7/2016J P Morgan Chase & CoBoost Price TargetNeutral$120.00 -> $123.00View Rating Details
7/5/2016Piper Jaffray CompaniesReiterated RatingNeutral$121.00 -> $119.00View Rating Details
4/21/2016Portales PartnersDowngradeOutperform -> Sector PerformView Rating Details
4/19/2016Sandler O'NeillDowngradeBuy -> HoldView Rating Details
4/19/2016Royal Bank Of CanadaLower Price TargetOutperform$135.00 -> $125.00View Rating Details
3/29/2016ArgusInitiated CoverageHoldView Rating Details
1/21/2016MacquarieLower Price TargetNeutral$120.00 -> $110.00View Rating Details
1/21/2016SunTrust Banks, Inc.Lower Price TargetBuy$136.00 -> $122.00View Rating Details
1/20/2016Keefe, Bruyette & WoodsLower Price TargetMarket Perform$129.00 -> $120.00View Rating Details
1/11/2016Goldman Sachs Group, Inc. (The)DowngradeBuy -> Neutral$138.00 -> $130.00View Rating Details
11/16/2015DanskeBoost Price TargetBuy$425.00 -> $480.00View Rating Details
11/3/2015Evercore ISIInitiated CoverageHold$125.00View Rating Details
10/29/2015Morgan StanleyBoost Price Target$125.00 -> $127.00View Rating Details
10/21/2015Citigroup Inc.Reiterated RatingHoldView Rating Details
10/20/2015Sterne Agee CRTLower Price TargetNeutral$126.00 -> $122.00View Rating Details
(Data available from 2/23/2015 forward)

Earnings

Earnings History for M&T Bank Co. (NYSE:MTB)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
4/17/2017        
1/19/2017Q416$2.04$1.98$1.33 billionViewListenView Earnings Details
10/19/2016Q316$2.04$2.13$1.32 billionViewListenView Earnings Details
7/20/2016Q216$2.08$1.98$1.32 billion$1.31 billionViewListenView Earnings Details
4/18/2016Q116$0.90$1.87$2.99 millionViewListenView Earnings Details
1/19/2016Q415$1.97$2.09$1.24 billionViewListenView Earnings Details
10/19/2015Q3$2.01$1.93$1.15 billionViewListenView Earnings Details
7/16/2015Q215$1.98$1.98$1.13 billion$1.18 billionViewListenView Earnings Details
4/20/2015Q115$1.76$1.65$1.12 billionViewListenView Earnings Details
1/20/2015Q115$1.94$1.92$1.13 billionViewListenView Earnings Details
10/17/2014Q314$1.98$1.94ViewListenView Earnings Details
7/17/2014Q214$1.90$1.98$1.12 billionViewListenView Earnings Details
4/14/2014Q114$1.62$1.66$1.18 millionViewListenView Earnings Details
1/17/2014Q4$1.94$1.74$1.10 billionViewListenView Earnings Details
10/17/2013Q313$2.08$2.11$1.12 billionViewN/AView Earnings Details
7/17/2013Q2 2013$2.11$2.55$1.11 billionViewN/AView Earnings Details
4/15/2013Q1 2013$1.97$2.05$1.11 billionViewN/AView Earnings Details
1/16/2013Q4 2012$2.16$2.16$1.12 billionViewN/AView Earnings Details
10/17/2012$1.85$2.24ViewN/AView Earnings Details
7/17/2012$1.68$1.71ViewN/AView Earnings Details
4/16/2012$1.49$1.50ViewN/AView Earnings Details
1/17/2012$1.45$1.04ViewN/AView Earnings Details
10/19/2011$1.71$1.32ViewN/AView Earnings Details
7/20/2011$1.56$2.42ViewN/AView Earnings Details
4/18/2011$1.40$1.59ViewN/AView Earnings Details
1/14/2011$1.45$1.59ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for M&T Bank Co. (NYSE:MTB)
Current Year EPS Consensus Estimate: $8.71 EPS
Next Year EPS Consensus Estimate: $9.82 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20163$1.69$1.90$1.81
Q2 20163$2.03$2.10$2.06
Q3 20163$1.99$2.17$2.07
Q4 20164$2.01$2.21$2.07
Q1 20174$1.85$2.06$1.94
Q2 20174$2.14$2.29$2.20
Q3 20174$2.29$2.41$2.33
Q4 20174$2.32$2.49$2.41
Q1 20181$2.12$2.12$2.12
Q2 20181$2.43$2.43$2.43
Q3 20181$2.58$2.58$2.58
Q4 20181$2.62$2.62$2.62
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for M&T Bank Co. (NYSE:MTB)
Annual Dividend:$2.80
Dividend Yield:1.67%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:35.94% (Based on Trailing 12 Months of Earnings)
32.15% (Based on Current Year Consensus EPS Estimate)
28.51% (Based on Next Year Consensus EPS Estimate)

Dividend History for M&T Bank Co. (NYSE:MTB)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
2/22/2017quarterly$0.753/6/20173/31/2017
11/22/2016quarterly$0.701.95%11/30/201612/2/201612/30/2016
8/16/2016quarterly$0.702.38%8/30/20169/1/20169/30/2016
5/17/2016quarterly$0.702.4%5/27/20166/1/20166/30/2016
2/18/2016quarterly$0.702.62%2/26/20163/1/20163/31/2016
10/20/2015quarterly$0.702.43%10/28/201510/30/201512/29/2015
7/22/2015quarterly$0.702.12%8/28/20159/1/20159/30/2015
5/19/2015quarterly$0.702.27%5/28/20156/1/20156/30/2015
2/19/2015quarterly$0.702.31%2/26/20153/2/20153/31/2015
11/18/2014quarterly$0.702.25%11/26/201412/1/201412/31/2014
8/20/2014quarterly$0.702.27%8/28/20149/2/20149/30/2014
5/20/2014quarterly$0.702.33%5/29/20146/2/20146/30/2014
2/19/2014quarterly$0.702.49%2/27/20143/3/20143/31/2014
11/19/2013quarterly$0.702.46%11/27/201312/2/201312/31/2013
8/21/2013quarterly$0.702.36%8/29/20139/3/20139/30/2013
5/21/2013quarterly$0.702.68%5/30/20136/3/20136/28/2013
2/21/2013quarterly$0.702.67%2/28/20133/4/20133/29/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for M&T Bank Co. (NYSE:MTB)
Insider Ownership Percentage: 3.63%
Institutional Ownership Percentage: 76.26%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
2/6/2017Sabeth SiddiqueInsiderSell1,900$162.62$308,978.00View SEC Filing  
2/1/2017Gino A MartocciInsiderSell3,079$164.98$507,973.42View SEC Filing  
1/31/2017D Scott N WarmanInsiderSell1,055$162.32$171,247.60View SEC Filing  
1/25/2017D Scott N WarmanInsiderSell1,000$161.36$161,360.00View SEC Filing  
12/14/2016D Scott N WarmanInsiderSell1,899$152.74$290,053.26View SEC Filing  
11/22/2016Michael J TodaroInsiderSell13,101$141.68$1,856,149.68View SEC Filing  
11/15/2016Michael J TodaroInsiderSell8,788$136.05$1,195,607.40View SEC Filing  
11/8/2016Brian E HickeyInsiderSell13,167$124.98$1,645,611.66View SEC Filing  
11/7/2016Darren J KingCFOSell8,762$123.01$1,077,813.62View SEC Filing  
11/7/2016Rene F JonesEVPSell15,740$124.31$1,956,639.40View SEC Filing  
11/4/2016D Scott N WarmanInsiderSell1,000$122.18$122,180.00View SEC Filing  
11/2/2016Mark J CzarneckiPresidentSell93,543$121.51$11,366,409.93View SEC Filing  
11/1/2016Robert J BojdakInsiderSell1,095$122.01$133,600.95View SEC Filing  
10/31/2016Richard S GoldInsiderSell7,249$123.00$891,627.00View SEC Filing  
10/27/2016Richard S GoldInsiderSell14,496$120.52$1,747,057.92View SEC Filing  
10/21/2016D Scott N WarmanInsiderSell2,000$118.72$237,440.00View SEC Filing  
10/20/2016Richard S GoldInsiderSell7,500$119.00$892,500.00View SEC Filing  
8/31/2016Robert G WilmersCEOSell60,363$118.32$7,142,150.16View SEC Filing  
8/29/2016Robert G WilmersCEOSell39,637$118.38$4,692,228.06View SEC Filing  
8/26/2016Kevin J PearsonInsiderSell33,379$116.75$3,896,998.25View SEC Filing  
8/26/2016Michele D TrolliVPSell5,000$117.88$589,400.00View SEC Filing  
8/26/2016Robert G WilmersChairmanSell100,000$117.76$11,776,000.00View SEC Filing  
8/25/2016Drew J PfirrmanVPSell500$117.47$58,735.00View SEC Filing  
8/25/2016Robert J BojdakInsiderSell1,152$117.37$135,210.24View SEC Filing  
8/18/2016Brian E HickeyInsiderSell6,017$117.45$706,696.65View SEC Filing  
8/9/2016Michael J TodaroInsiderSell1,700$117.57$199,869.00View SEC Filing  
8/1/2016Drew J PfirrmanVPSell3,920$114.44$448,604.80View SEC Filing  
5/12/2016Mark J CzarneckiPresidentSell25,332$115.03$2,913,939.96View SEC Filing  
4/28/2016D Scott N WarmanEVPSell503$119.72$60,219.16View SEC Filing  
4/22/2016John L DangeloVPSell1,050$119.13$125,086.50View SEC Filing  
12/16/2015Richard S. GoldEVPSell6,225$125.37$780,428.25View SEC Filing  
12/15/2015Janet M. ColettiEVPSell5,666$124.06$702,923.96View SEC Filing  
12/15/2015Michael R. SpychalaVPSell7,090$124.59$883,343.10View SEC Filing  
12/2/2015Gino A. MartocciEVPSell3,634$125.66$456,648.44View SEC Filing  
12/1/2015Darren J. KingEVPSell8,869$126.33$1,120,420.77View SEC Filing  
11/12/2015Robert J. BojdakEVPSell12,456$123.89$1,543,173.84View SEC Filing  
10/26/2015Kevin J. PearsonEVPSell20,435$122.37$2,500,630.95View SEC Filing  
7/22/2015John L DangeloVPSell2,670$132.75$354,442.50View SEC Filing  
6/15/2015D Scott N WarmanEVPSell915$126.31$115,573.65View SEC Filing  
11/20/2014Wilfried BernardInsiderBuy93,000$0.01$930.00
11/19/2014Wilfried BernardInsiderBuy372,000$0.01$3,720.00
8/13/2014Kevin J PearsonEVPSell10,055$120.07$1,207,303.85View SEC Filing  
8/4/2014Jorge G PereiraChairmanSell17,241$119.49$2,060,127.09View SEC Filing  
8/1/2014Jorge G PereiraChairmanSell14,470$120.67$1,746,094.90View SEC Filing  
7/30/2014Jorge G PereiraChairmanSell68,289$122.74$8,381,791.86View SEC Filing  
7/21/2014Robert J BojdakEVPSell1,026$121.92$125,089.92View SEC Filing  
6/13/2014Rene F JonesCFOSell4,800$123.09$590,832.00View SEC Filing  
2/27/2014Richard GoldEVPSell9,783$115.37$1,128,664.71View SEC Filing  
2/10/2014Stephen BraunscheidelEVPSell7,000$112.50$787,500.00View SEC Filing  
2/6/2014Gino MartocciEVPSell1,100$111.44$122,584.00View SEC Filing  
2/4/2014Stephen BraunscheidelEVPSell1,985$110.73$219,799.05View SEC Filing  
1/21/2014Robert BojdakEVPSell31,843$111.10$3,537,757.30View SEC Filing  
10/22/2013Michael R SpychalaVPSell1,342$113.26$151,994.92View SEC Filing  
7/22/2013Darren J KingEVPSell10,396$118.93$1,236,396.28View SEC Filing  
7/19/2013Michele D TrolliVPSell4,962$119.00$590,478.00View SEC Filing  
7/19/2013Stephen J BraunscheidelEVPSell44,643$118.14$5,274,124.02View SEC Filing  
6/28/2013Richard S GoldEVPSell6,898$112.01$772,644.98View SEC Filing  
5/22/2013Richard S GoldEVPSell7,000$107.00$749,000.00View SEC Filing  
3/12/2013Richard G KingDirectorBuy1,250$104.17$130,212.50View SEC Filing  
11/1/2012Robert G WilmersCEOSell300,000$104.22$31,266,000.00View SEC Filing  
8/8/2012Rene F JonesCFOSell4,000$86.70$346,800.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for M&T Bank Co. (NYSE:MTB)
DateHeadline
News IconM&T hikes dividend for first time since 2007 (NYSE:MTB)
buffalonews.com - February 22 at 11:52 PM
finance.yahoo.com logoM&T Bank Corporation Announces Increased Common Stock Dividend (NYSE:MTB)
finance.yahoo.com - February 22 at 6:48 PM
finance.yahoo.com logo4:37 pm M&T Bank increases quarterly dividend to $0.75/share from $0.70/share (NYSE:MTB)
finance.yahoo.com - February 22 at 6:48 PM
biz.yahoo.com logoM&T BANK CORP Files SEC form 10-K, Annual Report (NYSE:MTB)
biz.yahoo.com - February 22 at 6:48 PM
News IconFormer bank employee charged with misusing customer's CD proceeds (NYSE:MTB)
www.pennlive.com - February 22 at 8:34 AM
nasdaq.com logoWhy Is M&T Bank (MTB) Up 8% Since the Last Earnings Report? - Nasdaq (NYSE:MTB)
www.nasdaq.com - February 20 at 10:00 AM
finance.yahoo.com logoWhy Is M&T Bank (MTB) Up 8% Since the Last Earnings Report? (NYSE:MTB)
finance.yahoo.com - February 20 at 10:00 AM
News IconTraders Secrets on M&T Bank Corporation (MTB), CME Group Inc. (CME) - StockNewsJournal (NYSE:MTB)
stocknewsjournal.com - February 17 at 4:28 PM
4-traders.com logoM&T Bank : Construction phase of Richardson-Olmsted Complex is complete (NYSE:MTB)
www.4-traders.com - February 16 at 6:16 PM
4-traders.com logoM&T Bank : provides $600,000 to support homebuyer education (NYSE:MTB)
www.4-traders.com - February 16 at 6:16 PM
finance.yahoo.com logoM&T Bank Signs New Partnership with Rutgers Business School (NYSE:MTB)
finance.yahoo.com - February 16 at 6:16 PM
News IconLooking Ahead for M&T Bank Corporation (NYSE:MTB); Are These Shares Ready to Go Higher? - Aiken Advocate (NYSE:MTB)
aikenadvocate.com - February 15 at 2:08 AM
4-traders.com logoM&T Bank : opens relocated Ellicottville branch (NYSE:MTB)
www.4-traders.com - February 13 at 7:49 PM
News IconVeterans Job Fair at M&T Bank Stadium (NYSE:MTB)
www.abc2news.com - February 11 at 12:36 AM
bizjournals.com logoInner Circle: Conversation on Banking (NYSE:MTB)
us.rd.yahoo.com - February 10 at 7:33 PM
bizjournals.com logoInner Circle Conversation on Banking (NYSE:MTB)
www.bizjournals.com - February 10 at 5:43 AM
News IconAnchor Capital Advisors Cuts Position in M&T Bank Corporation (MTB) by $57681650 - Highland Mirror (NYSE:MTB)
www.highlandmirror.com - February 10 at 12:43 AM
News IconHudock Capital Group Cuts Position in M&T Bank Corporation (MTB) by $1542938 - Highland Mirror (NYSE:MTB)
www.highlandmirror.com - February 9 at 7:42 PM
News IconTrading Report: Narrowing in on Shares of M&T Bank Corporation (NYSE:MTB) - The Standard (NYSE:MTB)
6milestandard.com - February 8 at 7:34 PM
News IconM&T Bank Corporation (NYSE:MTB) from Regional – Northeast Banks – Todays Top Gains (NYSE:MTB)
twincountynews.com - February 5 at 7:43 AM
streetinsider.com logoForm 4 M&T BANK CORP For: Jan 27 Filed by: WILMERS ROBERT G (NYSE:MTB)
www.streetinsider.com - January 31 at 7:38 PM
News IconInvestor Watch on Shares of M&T Bank Corporation (NYSE:MTB) - Gilbert Daily (NYSE:MTB)
gilbertdaily.com - January 29 at 4:53 AM
News IconBerkshire Asset Managementpa Boosts Position by $20585451 in M&T Bank Corporation (MTB) - Highland Mirror (NYSE:MTB)
www.highlandmirror.com - January 29 at 4:53 AM
News IconExecutive Vice President of M&T Bank Corporation (NYSE:MTB), Warman D Scott N, sells 1,000 shares worth $161,357 (NYSE:MTB)
empowerednews.net - January 28 at 1:53 AM
News IconChemung Canal Trust Company Increased Its M&T Bank Corp (MTB) Stake by $3.21 Million as Stock Price Declined (NYSE:MTB)
randolphguide.com - January 28 at 1:53 AM
News IconIs M&T Bank Corporation (NYSE:MTB), a large market cap stock a smart buy? (NYSE:MTB)
twincountynews.com - January 28 at 1:53 AM
nasdaq.com logoM&T Bank Corp's Fixed Rate Cumulative Perpetual Preferred Stock ... - Nasdaq (NYSE:MTB)
www.nasdaq.com - January 27 at 3:24 AM
4-traders.com logoM&T Bank Corporation : Announces Dividend Declaration on Series A and Series C Preferred Stock (NYSE:MTB)
www.4-traders.com - January 26 at 10:22 PM
capitalcube.com logoM&T Bank Corp. : MTB-US: Dividend Analysis : December 02nd, 2016 (record date) : By the numbers : January 26, 2017 (NYSE:MTB)
www.capitalcube.com - January 26 at 10:22 PM
News IconUpdate on M&T Bank Corporation (NYSE:MTB) for the day (NYSE:MTB)
twincountynews.com - January 26 at 1:14 AM
4-traders.com logoM&T Bank : Amherst bank robbery suspect faces grand jury action (NYSE:MTB)
www.4-traders.com - January 26 at 1:14 AM
capitalcube.com logoETFs with exposure to M&T Bank Corp. : January 24, 2017 (NYSE:MTB)
www.capitalcube.com - January 24 at 7:27 PM
News IconEarnings in Full Force, Analysts Take Aim at M&T Bank Corporation ... - Wall Street Beacon (NYSE:MTB)
wsbeacon.com - January 24 at 6:37 AM
News IconEarnings in Full Force, Analysts Take Aim at M&T Bank Corporation (NYSE:MTB) - Wall Street Beacon (NYSE:MTB)
wsbeacon.com - January 24 at 12:01 AM
capitalcube.com logoM&T Bank Corp. :MTB-US: Earnings Analysis: Q4, 2016 By the Numbers : January 23, 2017 (NYSE:MTB)
www.capitalcube.com - January 23 at 6:59 PM
News IconLarge Cap Regional – Northeast Banks: M&T Bank Corporation (NYSE:MTB) (NYSE:MTB)
twincountynews.com - January 23 at 10:03 AM
News IconM&T Bank profit buoyed by mortgages, loans (NYSE:MTB)
viveremilano.biz - January 21 at 6:28 PM
News IconSell-side Review & Stock Update on M&T Bank Corporation (NYSE:MTB) (NYSE:MTB)
myhealthbowl.com - January 21 at 6:28 PM
News IconLeading stocks in today’s market: M&T Bank Corporation (NYSE:MTB) (NYSE:MTB)
twincountynews.com - January 21 at 6:28 PM
News IconM&T Bank (NYSE:MTB) 4Q16 earnings; Misses Street View (NYSE:MTB)
baddgoddess.com - January 21 at 12:29 AM
News IconStrs Ohio Has $2033000 Position in M&T Bank Corp. (MTB) (NYSE:MTB)
flapship.com - January 21 at 12:29 AM
reuters.com logoBRIEF-M&T Bank Corp announces 2016 fourth quarter results (NYSE:MTB)
www.reuters.com - January 21 at 12:29 AM
wsj.com logoM&T Bank Earnings, Revenue Rise in Latest Quarter (NYSE:MTB)
www.wsj.com - January 21 at 12:29 AM
News IconM&T Bank Corporation (NASDAQ:MTB) To Report Earnings (NYSE:MTB)
vgtoday.net - January 21 at 12:29 AM
News IconM&T Bank Corporation (NYSE:MTB):Brokerage Firm Rating Analysis (NYSE:MTB)
perspectivabetica.com - January 21 at 12:29 AM
us.rd.yahoo.com logoM&T Bank Corporation Announces 2016 Fourth Quarter And Full-Year Results (NYSE:MTB)
us.rd.yahoo.com - January 21 at 12:29 AM
us.rd.yahoo.com logo7:01 am M&T Bank misses by $0.02 (NYSE:MTB)
us.rd.yahoo.com - January 21 at 12:29 AM
biz.yahoo.com logoQ4 2016 M&T Bank Corp Earnings Release - Before Market Open (NYSE:MTB)
us.rd.yahoo.com - January 21 at 12:29 AM
sg.finance.yahoo.com logoM&T Bank posts 4Q profit (NYSE:MTB)
us.rd.yahoo.com - January 21 at 12:29 AM
us.rd.yahoo.com logoEdited Transcript of MTB earnings conference call or presentation 19-Jan-17 4:00pm GMT (NYSE:MTB)
us.rd.yahoo.com - January 21 at 12:29 AM

Social

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.

M&T Bank Co. (NYSE:MTB) Chart for Thursday, February, 23, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for M&T Bank Co. (NYSE:MTB)

Earnings History Chart

Earnings by Quarter for M&T Bank Co. (NYSE:MTB)

Dividend History Chart

Dividend Payments by Quarter for M&T Bank Co. (NYSE:MTB)

Last Updated on 2/23/2017 by MarketBeat.com Staff