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

About M&T Bank Corp.

M&T Bank Corp. 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: $117.50
  • 50 Day Moving Average: $116.13
  • 200 Day Moving Average: $116.16
  • 52-Week Range: $100.08 - $127.39
  • Trailing P/E Ratio: 16.21
  • Foreward P/E Ratio: 13.71
  • P/E Growth: 2.80
  • Market Cap: $18.48B
  • Outstanding Shares: 156,769,000
  • Beta: 0.75
  • Net Margins: 22.07%
  • Return on Equity: 8.58%
  • Return on Assets: 1.04%
  • Debt-to-Equity Ratio: 0.68%
  • Current Ratio: 1.07%
  • Quick Ratio: 1.07%
Additional Links:
Companies Related to M&T Bank Corp.:

Analyst Ratings

Consensus Ratings for M&T Bank Corp. (NYSE:MTB) (?)
Ratings Breakdown: 1 Sell Rating, 18 Hold Ratings, 5 Buy Ratings
Consensus Rating:Hold (Score: 2.17)
Consensus Price Target: $138.19 (17.61% upside)

Analysts' Ratings History for M&T Bank Corp. (NYSE:MTB)
DateFirmActionRatingPrice TargetDetails
10/20/2016FBR & CoBoost Price TargetMkt Perform$115.00 -> $120.00View Rating Details
10/6/2016WedbushInitiated CoverageNeutral$117.00View Rating Details
9/23/2016Credit Agricole SABoost Price TargetOutperform$128.00 -> $129.00View Rating Details
8/12/2016Barclays PLCReiterated RatingBuyView Rating Details
8/4/2016Robert W. BairdReiterated RatingUnderperformView Rating Details
7/21/2016Jefferies GroupReiterated RatingHold$116.00 -> $111.00View Rating Details
7/12/2016Credit Suisse Group AGReiterated RatingHoldView Rating Details
7/9/2016NomuraDowngradeHoldView Rating Details
7/9/2016Wells Fargo & Co.Reiterated RatingHoldView Rating Details
7/7/2016JPMorgan Chase & Co.Boost Price TargetNeutral$120.00 -> $123.00View Rating Details
7/5/2016Piper Jaffray Cos.Reiterated RatingNeutral$121.00 -> $119.00View Rating Details
6/26/2016Deutsche Bank AGReiterated RatingHoldView 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.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
10/20/2015Bank of America Corp.Lower Price TargetNeutral$128.00 -> $120.00View Rating Details
10/2/2015Sanford C. BernsteinLower Price TargetMarket Perform$135.00 -> $133.00View Rating Details
12/10/2014Raymond James Financial Inc.DowngradeMarket Perform -> UnderperformView Rating Details
(Data available from 10/20/2014 forward)


Earnings History for M&T Bank Corp. (NYSE:MTB)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
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)


Earnings Estimates for M&T Bank Corp. (NYSE:MTB)
Current Year EPS Consensus Estimate: $7.95 EPS
Next Year EPS Consensus Estimate: $8.57 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 20163$2.05$2.21$2.10
Q1 20173$1.84$2.06$1.92
Q2 20173$2.13$2.29$2.19
Q3 20173$2.20$2.41$2.30
Q4 20173$2.27$2.49$2.37
(Data provided by Zacks Investment Research)


Current Dividend Information for M&T Bank Corp. (NYSE:MTB)
Annual Dividend:$2.80
Dividend Yield:2.38%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:38.41% (Based on Trailing 12 Months of Earnings)
35.22% (Based on Current Year Consensus EPS Estimate)
32.67% (Based on Next Year Consensus EPS Estimate)

Dividend History for M&T Bank Corp. (NYSE:MTB)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for M&T Bank Corp. (NYSE:MTB)
Insider Ownership Percentage: 3.63%
Institutional Ownership Percentage: 79.50%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
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)


Latest Headlines for M&T Bank Corp. (NYSE:MTB)
seekingalpha.com logoM&T Banks' (MTB) on Q3 2016 Results - Earnings Call Transcript - Seeking Alpha (NYSE:MTB)
seekingalpha.com - October 20 at 12:00 PM
capitalcube.com logoM&T Bank Corp. breached its 50 day moving average in a Bullish Manner : MTB-US : October 20, 2016 (NYSE:MTB)
www.capitalcube.com - October 20 at 12:00 PM
finance.yahoo.com logoStock Market News for October 20, 2016 (NYSE:MTB)
finance.yahoo.com - October 20 at 12:00 PM
News IconM&T Bank Corporation (NYSE:MTB) Earnings on the Doorstep; Analysts Take Aim - CSZ News (NYSE:MTB)
cincysportszone.com - October 19 at 6:37 PM
nasdaq.com logoWill Higher Costs Weigh on M&T Bank's (MTB) Q3 Earnings? - Nasdaq (NYSE:MTB)
www.nasdaq.com - October 19 at 6:37 PM
finance.yahoo.com logoM&T Bank (MTB) Beats on Q3 Earnings as Revenues Improve (NYSE:MTB)
finance.yahoo.com - October 19 at 6:37 PM
News IconM&T's net income rises 25 percent (NYSE:MTB)
buffalonews.com - October 19 at 11:15 AM
4-traders.com logoM&T BANK CORP : Results of Operations and Financial Condition, Financial Statements and Exhibits (form 8-K) (NYSE:MTB)
www.4-traders.com - October 19 at 11:15 AM
nasdaq.com logoM&T Bank Corp. Profit Climbs 26% In Q3 (NYSE:MTB)
www.nasdaq.com - October 19 at 11:15 AM
wsj.com logoM&T Bank Increases Profit on Mortgage Business (NYSE:MTB)
www.wsj.com - October 19 at 11:15 AM
sg.finance.yahoo.com logoM&T Bank beats Street 3Q forecasts (NYSE:MTB)
sg.finance.yahoo.com - October 19 at 11:15 AM
biz.yahoo.com logoQ3 2016 M&T Bank Corp Earnings Release - Before Market Open (NYSE:MTB)
biz.yahoo.com - October 19 at 11:15 AM
finance.yahoo.com logoM&T Bank (MTB) Beats on Q3 Earnings, Revenues Up Y/Y (NYSE:MTB)
finance.yahoo.com - October 19 at 11:15 AM
biz.yahoo.com logoM&T BANK CORP Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and Exhibits (NYSE:MTB)
biz.yahoo.com - October 19 at 11:15 AM
wsj.com logo[$$] M&T Bank Increases Profit on Mortgage Business (NYSE:MTB)
www.wsj.com - October 19 at 11:15 AM
bizjournals.com logoM&T's net income jumps 27% in 3Q (NYSE:MTB)
www.bizjournals.com - October 19 at 11:15 AM
biz.yahoo.com logoM&T Bank Corp Earnings Call scheduled for 11:00 am ET today (NYSE:MTB)
biz.yahoo.com - October 19 at 11:15 AM
News IconUpdate on M&T Bank Corporation (NYSE:MTB) for the day (NYSE:MTB)
twincountynews.com - October 18 at 6:06 PM
publicnow.com logoM&T Bank Corporation Announces Dividend Declaration on Series A and Series C Preferred Stock (NYSE:MTB)
www.publicnow.com - October 18 at 6:06 PM
News IconEarnings Preview: M&T Bank Corporation (NYSE:MTB) moved down 15 times out of last 27 quarters - The Independent Republic (NYSE:MTB)
theindependentrepublic.com - October 18 at 11:34 AM
finance.yahoo.com logoMajor Banks' Q3 Earnings Slated on Oct 19: BBT, USB & More (NYSE:MTB)
finance.yahoo.com - October 18 at 11:34 AM
News IconM&T Bank Corp. (MTB) to Release Quarterly Earnings on Wednesday - DailyQuint (NYSE:MTB)
dailyquint.com - October 17 at 11:17 AM
News IconLeading stocks in today’s market: M&T Bank Corporation (NYSE:MTB) (NYSE:MTB)
twincountynews.com - October 16 at 10:42 AM
News IconWedbush Begins Coverage on M&T Bank Corp. (MTB) - DailyQuint (NYSE:MTB)
dailyquint.com - October 14 at 9:33 AM
News IconAnalysts Valuations For Two Stocks: M&T Bank Corporation (NYSE:MTB), Boeing Co (NYSE:BA) - The Voice Registrar (NYSE:MTB)
voiceregistrar.com - October 13 at 6:21 PM
4-traders.com logoM&T Bank : 6th Annual Franklin County Library System Book Sale (NYSE:MTB)
www.4-traders.com - October 13 at 9:52 AM
News IconLarge Cap Regional – Northeast Banks: M&T Bank Corporation (NYSE:MTB) (NYSE:MTB)
twincountynews.com - October 12 at 11:36 AM
fool.com logoThis Is the Last Straw -- Wells Fargo CEO John Stumpf Should Be Fired - Motley Fool (NYSE:MTB)
www.fool.com - October 11 at 6:32 PM
News IconBroker Roundup For M&T Bank Corporation (NYSE:MTB) (NYSE:MTB)
www.desotoedge.com - October 10 at 10:57 AM
News IconBroker Roundup For M&T Bank Corporation (NYSE:MTB) - The De ... - The De Soto Edge (NYSE:MTB)
www.desotoedge.com - October 9 at 5:41 PM
finance.yahoo.com logoCoverage initiated on M&T Bank by Wedbush (NYSE:MTB)
finance.yahoo.com - October 7 at 11:24 AM
publicnow.com logoM&T Bank Corporation Releases Results of Dodd-Frank Act Mid-Cycle Company-Run Stress Test (NYSE:MTB)
www.publicnow.com - October 6 at 6:06 PM
News IconEarnings Reaction History: M&T Bank Corporation (NYSE:MTB) has a 55.56% chance to decline - The Independent Republic (NYSE:MTB)
theindependentrepublic.com - October 6 at 11:47 AM
thestreet.com logoWhat You Should Know Before These Regional Banks Report Earnings (NYSE:MTB)
www.thestreet.com - October 6 at 11:47 AM
News IconConsensus Watch on M&T Bank Corporation (NYSE:MTB) - Recall News (NYSE:MTB)
www.automobile-recalls.net - October 5 at 6:09 PM
publicnow.com logoM&T Bank Launches Mortgage Subsidy Program in New Jersey and Neighboring Areas (NYSE:MTB)
www.publicnow.com - October 5 at 11:26 AM
reuters.com logoFitch Affirms Fifth Third Bancorp's Inc. IDRs at 'A/F1'; Outlook Revised t... - Reuters (NYSE:MTB)
www.reuters.com - October 4 at 5:54 PM
businesswire.com logoFitch Affirms M&T Bank Corporation's LT IDR at 'A'; Outlook Stable - Business Wire (press release) (NYSE:MTB)
www.businesswire.com - October 4 at 5:54 PM
publicnow.com logoM&T Bank Corporation Announces Third Quarter Earnings Conference Call (NYSE:MTB)
www.publicnow.com - October 3 at 5:54 PM
finance.yahoo.com logoBB&T Resolves FHA Mortgage Insurance Lawsuit for $83M (NYSE:MTB)
finance.yahoo.com - October 3 at 10:50 AM
News IconRegional – Northeast Banks: M&T Bank Corporation (NYSE:MTB) Position of the day (NYSE:MTB)
twincountynews.com - September 29 at 11:23 AM
reuters.com logoBRIEF-M&T Bank Corporation acknowledges the passing of director Richard G. King (NYSE:MTB)
www.reuters.com - September 28 at 11:17 AM
bizjournals.com logoLongtime M&T Bank Corp. board director passes away (NYSE:MTB)
www.bizjournals.com - September 28 at 11:17 AM
prnewswire.com logoM&T Bank Corporation Acknowledges the Passing of Director ... - PR Newswire (press release) (NYSE:MTB)
www.prnewswire.com - September 27 at 6:09 PM
finance.yahoo.com logoM&T Bank Corporation Acknowledges the Passing of Director Richard G. King (NYSE:MTB)
finance.yahoo.com - September 27 at 6:09 PM
News IconTop Gainers of the Day: M&T Bank Corporation (NYSE:MTB) from Regional – Northeast Banks (NYSE:MTB)
twincountynews.com - September 27 at 10:51 AM
News IconToday's Top Gainers in the Market M&T Bank Corporation (NYSE ... - The Daily Leicester (NYSE:MTB)
thedailyleicester.com - September 24 at 5:43 PM
News IconM&T Bank Corporation (NYSE: MTB) – Is this large market cap stock undervalued? - The Daily Leicester (NYSE:MTB)
thedailyleicester.com - September 21 at 5:55 PM
investornewswire.com logoM&T Bank Corporation (NYSE:MTB): Stock Rating Update - Investor Newswire (NYSE:MTB)
www.investornewswire.com - September 21 at 5:55 PM
News IconHigh Market Cap Stock of the Day – M&T Bank Corporation (NYSE:MTB) (NYSE:MTB)
twincountynews.com - September 19 at 6:15 PM


M&T Bank Corp. (NYSE:MTB) Chart for Thursday, October, 20, 2016

Last Updated on 10/20/2016 by MarketBeat.com Staff