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: $114.16
  • 50 Day Moving Average: $116.95
  • 200 Day Moving Average: $115.53
  • 52-Week Range: $100.08 - $127.39
  • Trailing P/E Ratio: 15.70
  • Foreward P/E Ratio: 13.26
  • P/E Growth: 2.72
  • Market Cap: $17.90B
  • Outstanding Shares: 156,769,000
  • Beta: 0.78
Profitability:
  • Net Margins: 22.07%
  • Return on Equity: 8.58%
  • Return on Assets: 1.04%
Debt:
  • 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, 19 Hold Ratings, 5 Buy Ratings
Consensus Rating:Hold (Score: 2.16)
Consensus Price Target: $137.86 (20.76% upside)

Analysts' Ratings History for M&T Bank Corp. (NYSE:MTB)
Show:
DateFirmActionRatingPrice TargetDetails
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
7/21/2016FBR & CoLower Price TargetHold$120.00 -> $105.00View 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 9/26/2014 forward)

Earnings

Earnings History for M&T Bank Corp. (NYSE:MTB)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/17/2016        
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 Corp. (NYSE:MTB)
Current Year EPS Consensus Estimate: $7.96 EPS
Next Year EPS Consensus Estimate: $8.61 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$2.11
Q1 20172$1.84$2.06$1.95
Q2 20172$2.15$2.29$2.22
Q3 20172$2.30$2.41$2.36
Q4 20172$2.36$2.49$2.43
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for M&T Bank Corp. (NYSE:MTB)
Annual Dividend:$2.80
Dividend Yield:2.45%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:38.41% (Based on Trailing 12 Months of Earnings)
35.18% (Based on Current Year Consensus EPS Estimate)
32.52% (Based on Next Year Consensus EPS Estimate)

Dividend History for M&T Bank Corp. (NYSE:MTB)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
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 Corp. (NYSE:MTB)
Insider Ownership Percentage: 3.63%
Institutional Ownership Percentage: 78.77%
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)

Headlines

Latest Headlines for M&T Bank Corp. (NYSE:MTB)
DateHeadline
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
nasdaq.com logoMTB Makes Notable Cross Below Critical Moving Average ... - Nasdaq (NYSE:MTB)
www.nasdaq.com - September 18 at 5:52 PM
News IconIs M&T Bank Corporation (NYSE:MTB), a large market cap stock a smart buy? (NYSE:MTB)
twincountynews.com - September 18 at 5:51 PM
News IconM&T Bank Corporation (MTB) Receives Anayst Rating - National Daily Press (NYSE:MTB)
www.nationaldailypress.com - September 17 at 10:46 AM
nasdaq.com logoMTB Makes Notable Cross Below Critical Moving Average (NYSE:MTB)
www.nasdaq.com - September 16 at 6:02 PM
News IconM&T nears finish of customer review (NYSE:MTB)
www.buffalonews.com - September 15 at 9:43 AM
stocksdaily.net logoM&T Bank Corporation (NYSE:MTB) High Price Estimate At $130 - Stocks Daily (NYSE:MTB)
www.stocksdaily.net - September 14 at 6:24 PM
News IconActive Stock News: Chemical Financial Corporation (CHFC), M&T ... - National Daily Press (NYSE:MTB)
www.nationaldailypress.com - September 14 at 6:24 PM
4-traders.com logoM&T BANK CORP : Regulation FD Disclosure, Financial Statements and Exhibits (form 8-K) (NYSE:MTB)
www.4-traders.com - September 14 at 10:33 AM
biz.yahoo.com logoM&T BANK CORP Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and Exhibits (NYSE:MTB)
biz.yahoo.com - September 14 at 10:33 AM
4-traders.com logoM&T Bank : to Host Local Not-for-Profits at Buffalo Bills Games (NYSE:MTB)
www.4-traders.com - September 13 at 11:05 AM
publicnow.com logoM&T Bank to Host Local Not-for-Profits at Buffalo Bills Games (NYSE:MTB)
www.publicnow.com - September 13 at 11:05 AM
stocksdaily.net logoM&T Bank Corporation (NYSE:MTB) High Price Estimate At $130 (NYSE:MTB)
www.stocksdaily.net - September 12 at 5:59 PM
4-traders.com logoM&T Bank : Veritable Lowers stake in M&T Bank Corporation (MTB) (NYSE:MTB)
www.4-traders.com - September 12 at 10:54 AM
News IconVeritable Lowers stake in M&T Bank Corporation (MTB) (NYSE:MTB)
www.nationaldailypress.com - September 12 at 10:54 AM
News IconUpdate on M&T Bank Corporation (NYSE:MTB) for the day - Twin County News (NYSE:MTB)
twincountynews.com - September 9 at 5:58 PM
News IconShares Holding Above Moving Averages: M&T Bank Corporation (NYSE:MTB) - Post News (NYSE:MTB)
www.kentuckypostnews.com - September 9 at 5:58 PM
News IconCutler Investment Counsel buys $5,425,978 stake in M&T Bank ... - National Daily Press (NYSE:MTB)
www.nationaldailypress.com - September 9 at 5:58 PM
News IconStock Sliding Down Over the Last Month: M&T Bank Corporation (NYSE:MTB) - Post News (NYSE:MTB)
www.kentuckypostnews.com - September 8 at 10:06 AM
News IconToday's Top Gainers in the Market M&T Bank Corporation (NYSE:MTB) from Financial - The Daily Leicester (NYSE:MTB)
thedailyleicester.com - September 7 at 9:48 AM
capitalcube.com logoM&T Bank Corp. breached its 50 day moving average in a Bearish Manner : MTB-US : September 7, 2016 (NYSE:MTB)
www.capitalcube.com - September 7 at 9:48 AM
News IconShares Higher Over the Last Five Trading Sessions: M&T Bank Corporation (NYSE:MTB) - Post News (NYSE:MTB)
www.kentuckypostnews.com - September 6 at 10:57 AM
News IconShares Continuing to Trade Above Moving Averages: M&T Bank Corporation (NYSE:MTB) - Post News (NYSE:MTB)
www.kentuckypostnews.com - September 3 at 8:44 AM
News IconScorching Hot Financial Stocks Tape: Public Storage (PSA), M&T Bank Corporation (MTB) - The Independent Republic (NYSE:MTB)
theindependentrepublic.com - September 2 at 11:07 AM
prnewswire.com logoM&T Bank Corporation to Participate in Barclays Global Financial Services Conference - PR Newswire (press release) (NYSE:MTB)
www.prnewswire.com - September 2 at 11:07 AM
thestreet.com logoThese 5 Super-Regional Banks Showing Positive Momentum (NYSE:MTB)
www.thestreet.com - September 2 at 11:07 AM
finance.yahoo.com logoM&T Bank Corporation to Participate in Barclays Global Financial Services Conference (NYSE:MTB)
finance.yahoo.com - September 2 at 11:07 AM
finance.yahoo.com logoM&t Bank Corp (MTB) Chairman of the Board and CEO Robert G Wilmers Sold $11.8 million of Shares (NYSE:MTB)
finance.yahoo.com - September 1 at 9:26 AM
News IconM&T Bank hails hometown ties on 160th anniversary (NYSE:MTB)
www.buffalonews.com - August 31 at 11:15 AM
News IconStock Up Over the Past Five Trading Days: M&T Bank Corporation (NYSE:MTB) - Post News (NYSE:MTB)
www.kentuckypostnews.com - August 30 at 6:17 PM
finance.yahoo.com logoM&t Bank Corp (MTB) Chairman of the Board and CEO Robert G Wilmers Sold $11776000 of Stocks - Yahoo Finance (NYSE:MTB)
finance.yahoo.com - August 30 at 6:17 PM
bizjournals.com logoNow 160 years old, M&T Bank plans to keep calling Buffalo home (NYSE:MTB)
www.bizjournals.com - August 30 at 6:17 PM
finance.yahoo.com logoM&t Bank Corp (MTB) Chairman of the Board and CEO Robert G Wilmers Sold $11,776,000 of Stocks (NYSE:MTB)
finance.yahoo.com - August 30 at 9:37 AM
fidaily.com logoInsider Activity - M&T Bank Corporation Common Sto (NYSE:MTB) - Finance Daily (NYSE:MTB)
www.fidaily.com - August 29 at 6:08 PM
News IconStock Higher Over the Last Six Months: M&T Bank Corporation ... - Post News (NYSE:MTB)
www.kentuckypostnews.com - August 29 at 10:49 AM
News IconExecutive Vice President of M&T Bank Corporation (NYSE:MTB), Bojdak Robert J, sells 1,152 shares worth $135,215 (NYSE:MTB)
empowerednews.net - August 27 at 10:38 AM
investors.com logoHealthEquity Nears Buy Point As Big Banks Sell HSA Assets (NYSE:MTB)
www.investors.com - August 26 at 6:02 PM
News Icon2 Sizzling Hot Financial Stocks: M&T Bank Corporation (MTB), Apollo Commercial Real Estate Finance, Inc. (ARI) - The Independent Republic (NYSE:MTB)
theindependentrepublic.com - August 25 at 11:25 AM
News IconA look at a High Market Cap Stock: M&T Bank Corporation, MTB - The Daily Leicester (NYSE:MTB)
thedailyleicester.com - August 25 at 11:25 AM
News IconM&T Bank Corporation (NYSE:MTB) from Regional – Northeast Banks – Todays Top Gains (NYSE:MTB)
twincountynews.com - August 24 at 6:05 PM
publicnow.com logoUpstate NY Businesses Celebrated in M&T Bank’s New “Success Stories” Campaign (NYSE:MTB)
www.publicnow.com - August 23 at 6:29 PM
publicnow.com logoM&T Bank Gives $615,000 in Community Development Grants to New Jersey (NYSE:MTB)
www.publicnow.com - August 22 at 6:18 PM
News IconM&T Bank donates $20K to affordable housing org (PHOTOS) (NYSE:MTB)
www.nj.com - August 19 at 6:13 PM
News IconRegional – Northeast Banks: M&T Bank Corporation (NYSE:MTB) Position of the day (NYSE:MTB)
twincountynews.com - August 19 at 6:13 PM
News IconHow is the Crowd Rating M&T Bank Corporation (NYSE:MTB) Shares? - Post News (NYSE:MTB)
www.kentuckypostnews.com - August 19 at 9:21 AM
News IconIs M&T Bank Corporation(NYSE: MTB), a large market cap stock a smart buy? - The Daily Leicester (NYSE:MTB)
thedailyleicester.com - August 18 at 9:22 AM
thestreet.com logoThese 5 Blue-Chip Stocks Are Breaking Out in August (NYSE:MTB)
www.thestreet.com - August 18 at 9:22 AM

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M&T Bank Corp. (NYSE:MTB) Chart for Monday, September, 26, 2016


Last Updated on 9/26/2016 by MarketBeat.com Staff