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: $151.29
  • 50 Day Moving Average: $133.97
  • 200 Day Moving Average: $120.84
  • 52-Week Range: $100.08 - $154.76
  • Trailing P/E Ratio: 20.59
  • Foreward P/E Ratio: 18.14
  • P/E Growth: 2.85
  • Market Cap: $23.80B
  • Outstanding Shares: 155,048,000
  • Beta: 0.76
Profitability:
  • Net Margins: 22.32%
  • Return on Equity: 8.59%
  • Return on Assets: 1.04%
Debt:
  • Debt-to-Equity Ratio: 0.68%
  • Current Ratio: 1.06%
  • Quick Ratio: 1.06%
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, 15 Hold Ratings, 3 Buy Ratings
Consensus Rating:Hold (Score: 2.11)
Consensus Price Target: $122.80 (20.00% downside)

Analysts' Ratings History for M&T Bank Corp. (NYSE:MTB)
Show:
DateFirmActionRatingPrice TargetDetails
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
10/20/2016FBR & CoBoost Price TargetMkt Perform$115.00 -> $120.00View Rating Details
8/12/2016Barclays PLCReiterated RatingBuyView 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
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
12/10/2014Raymond James Financial Inc.DowngradeMarket Perform -> UnderperformView Rating Details
(Data available from 12/9/2014 forward)

Earnings

Earnings History for M&T Bank Corp. (NYSE:MTB)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
1/17/2017        
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 Corp. (NYSE:MTB)
Current Year EPS Consensus Estimate: $7.93 EPS
Next Year EPS Consensus Estimate: $8.46 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$2.08
Q1 20174$1.85$2.06$1.92
Q2 20174$2.11$2.29$2.18
Q3 20174$2.20$2.41$2.30
Q4 20174$2.25$2.49$2.35
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for M&T Bank Corp. (NYSE:MTB)
Annual Dividend:$2.80
Dividend Yield:1.82%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:37.53% (Based on Trailing 12 Months of Earnings)
35.31% (Based on Current Year Consensus EPS Estimate)
33.10% (Based on Next Year Consensus EPS Estimate)

Dividend History for M&T Bank Corp. (NYSE:MTB)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
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 Corp. (NYSE:MTB)
Insider Ownership Percentage: 3.63%
Institutional Ownership Percentage: 76.96%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
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 Corp. (NYSE:MTB)
DateHeadline
News IconLarge Cap Regional – Northeast Banks: M&T Bank Corporation (NYSE:MTB) (NYSE:MTB)
twincountynews.com - December 5 at 6:44 PM
nasdaq.com logoM&T Bank Corporation (MTB) Ex-Dividend Date Scheduled for November 30, 2016 - Nasdaq (NYSE:MTB)
www.nasdaq.com - November 30 at 11:50 PM
News IconLeading stocks in today’s market: M&T Bank Corporation (NYSE:MTB) (NYSE:MTB)
twincountynews.com - November 29 at 2:44 PM
News IconUpdate on M&T Bank Corporation (NYSE:MTB) for the day (NYSE:MTB)
twincountynews.com - November 23 at 6:22 PM
streetinsider.com logoM&T Bank Corp. (MTB) Declares $0.70 Quarterly Dividend; 2% Yield - StreetInsider.com (NYSE:MTB)
www.streetinsider.com - November 22 at 6:26 PM
finance.yahoo.com logoM&T Bank Corporation Announces Fourth Quarter Common Stock Dividend (NYSE:MTB)
finance.yahoo.com - November 22 at 6:26 PM
nasdaq.com logoM & T Bank (MTB) Shares Cross 2% Yield Mark (NYSE:MTB)
www.nasdaq.com - November 21 at 6:47 PM
bizjournals.com logoMeasure of giving: Philanthropy by the numbers (NYSE:MTB)
www.bizjournals.com - November 18 at 9:17 AM
News IconVolatility Numbers in View for M&T Bank Corporation (NYSE:MTB) - The Business Journal (NYSE:MTB)
belmontbusinessjournal.com - November 17 at 5:58 PM
prnewswire.com logoResearch Reports Coverage on Banking Stocks -- Valley National Bancorp, M&T Bank, Fulton Financial, and Webster ... - PR Newswire (press release) (NYSE:MTB)
www.prnewswire.com - November 16 at 9:58 AM
News IconInsder Trading Filing: Is M&T Bank Corporation (NYSE:MTB) Stock a Sell after Richard Gold’s Insider Sale? (NYSE:MTB)
www.whatsonthorold.com - November 15 at 6:54 PM
News IconChecking the Levels on Shares of M&T Bank Corporation (NYSE:MTB) - Wall Street Lion (NYSE:MTB)
wslnews.com - November 15 at 9:58 AM
stocksdaily.net logoAnalysts Have EPS Target Of $2.03 For M&T Bank Corporation (NYSE:MTB) - Stocks Daily (NYSE:MTB)
www.stocksdaily.net - November 13 at 10:21 AM
stocksdaily.net logoAnalysts Have EPS Target Of $2.03 For M&T Bank Corporation (NYSE:MTB) (NYSE:MTB)
www.stocksdaily.net - November 12 at 6:25 PM
News IconM&T Bank Corporation (NYSE: MTB) – Is this large market cap stock undervalued? - The Daily Leicester (NYSE:MTB)
thedailyleicester.com - November 12 at 8:53 AM
4-traders.com logoM&T Bank : Ravens plan upgrades for M&T Bank Stadium (NYSE:MTB)
www.4-traders.com - November 11 at 6:01 PM
News IconIs M&T Bank Corporation (NYSE:MTB), a large market cap stock a smart buy? (NYSE:MTB)
twincountynews.com - November 11 at 6:01 PM
finance.yahoo.com logoM&T BANK CORP Financials (NYSE:MTB)
finance.yahoo.com - November 10 at 6:00 PM
zacks.com logoM&T Bank (MTB) Worth a Look: Stock Rises 5.1% in Session (NYSE:MTB)
www.zacks.com - November 10 at 9:12 AM
News IconUpdate on Valuation Formula's For M&T Bank Corporation (NYSE:MTB) - StockTalk Daily (NYSE:MTB)
stocktalkdaily.com - November 9 at 8:39 AM
News IconRegional – Northeast Banks: M&T Bank Corporation (NYSE:MTB) Position of the day (NYSE:MTB)
twincountynews.com - November 7 at 6:53 PM
biz.yahoo.com logoM&T BANK CORP Files SEC form 10-Q, Quarterly Report (NYSE:MTB)
biz.yahoo.com - November 4 at 9:44 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 - November 4 at 9:44 AM
News IconStock is up at $122.07 (MTB) M&T Bank Corporation Announces Dividend (NYSE:MTB)
semanariopalestra.com - November 2 at 9:50 AM
thestreet.com logoHow to Trade 5 Regional Banks With Overbought Technical Charts (NYSE:MTB)
www.thestreet.com - November 1 at 10:53 AM
News IconBank of America Corporation's (BAC) (NYSE:MTB)
www.perspectivabetica.com - October 31 at 12:56 PM
News IconM&T Bank Corporation Common Sto (NYSE:MTB) Trading Up - Insiders Are Selling (NYSE:MTB)
magseriesusa.net - October 31 at 12:56 PM
News IconM&T Bank Corp. (MTB) Stake Maintained by Hirtle Callaghan & Co LLC (NYSE:MTB)
avauncer.com - October 31 at 12:56 PM
publicnow.com logoM&T Bank Increases Small Business Lending Across its Communities to Become 6th Largest SBA Lender in U.S. (NYSE:MTB)
www.publicnow.com - October 31 at 12:56 PM
capitalcube.com logoETF’s with exposure to M&T Bank Corp. : October 28, 2016 (NYSE:MTB)
www.capitalcube.com - October 28 at 6:03 PM
biz.yahoo.com logoM&T BANK CORP Files SEC form 8-K, Material Modification to Rights of Security Holders, Amendments to Articles of Inc. (NYSE:MTB)
biz.yahoo.com - October 28 at 6:03 PM
finance.yahoo.com logoM&T Bank Corporation to Participate in BancAnalysts Association of Boston Conference (NYSE:MTB)
finance.yahoo.com - October 28 at 9:56 AM
marketnewsvideo.com logoThe New #142 Most Shorted S&P 500 Component: Chipotle Mexican Grill (NYSE:MTB)
www.marketnewsvideo.com - October 26 at 6:19 PM
News IconTop Gainers of the Day: M&T Bank Corporation (NYSE:MTB) from Regional – Northeast Banks (NYSE:MTB)
twincountynews.com - October 25 at 11:24 AM
capitalcube.com logoM&T Bank Corp. :MTB-US: Earnings Analysis: Q3, 2016 By the Numbers : October 24, 2016 (NYSE:MTB)
www.capitalcube.com - October 24 at 11:43 AM
News IconM&T Bank Corporation (NYSE:MTB) from Regional – Northeast Banks – Todays Top Gains (NYSE:MTB)
twincountynews.com - October 22 at 5:52 PM

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M&T Bank Corp. (NYSE:MTB) Chart for Friday, December, 9, 2016


Last Updated on 12/9/2016 by MarketBeat.com Staff