S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
MarketBeat Week in Review – 5/29 - 6/2
Sell Every Stock, Except ONE (Ticker Revealed) (Ad)
Tragedy that left 5 dead or missing puts spotlight on safety in Alaska charter fishing industry
Russia bans 'unfriendly' countries' journalists from showpiece economic gathering
Sell Every Stock, Except ONE (Ticker Revealed) (Ad)
Biden signs debt ceiling bill that pulls US back from brink of unprecedented default
Biden signs debt ceiling bill that pulls US back from brink of unprecedented default
Laser breakthrough could send stock soaring 2,467% (Ad)
Twitter executive responsible for content safety resigns after Elon Musk criticism
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
MarketBeat Week in Review – 5/29 - 6/2
Sell Every Stock, Except ONE (Ticker Revealed) (Ad)
Tragedy that left 5 dead or missing puts spotlight on safety in Alaska charter fishing industry
Russia bans 'unfriendly' countries' journalists from showpiece economic gathering
Sell Every Stock, Except ONE (Ticker Revealed) (Ad)
Biden signs debt ceiling bill that pulls US back from brink of unprecedented default
Biden signs debt ceiling bill that pulls US back from brink of unprecedented default
Laser breakthrough could send stock soaring 2,467% (Ad)
Twitter executive responsible for content safety resigns after Elon Musk criticism
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
MarketBeat Week in Review – 5/29 - 6/2
Sell Every Stock, Except ONE (Ticker Revealed) (Ad)
Tragedy that left 5 dead or missing puts spotlight on safety in Alaska charter fishing industry
Russia bans 'unfriendly' countries' journalists from showpiece economic gathering
Sell Every Stock, Except ONE (Ticker Revealed) (Ad)
Biden signs debt ceiling bill that pulls US back from brink of unprecedented default
Biden signs debt ceiling bill that pulls US back from brink of unprecedented default
Laser breakthrough could send stock soaring 2,467% (Ad)
Twitter executive responsible for content safety resigns after Elon Musk criticism
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
MarketBeat Week in Review – 5/29 - 6/2
Sell Every Stock, Except ONE (Ticker Revealed) (Ad)
Tragedy that left 5 dead or missing puts spotlight on safety in Alaska charter fishing industry
Russia bans 'unfriendly' countries' journalists from showpiece economic gathering
Sell Every Stock, Except ONE (Ticker Revealed) (Ad)
Biden signs debt ceiling bill that pulls US back from brink of unprecedented default
Biden signs debt ceiling bill that pulls US back from brink of unprecedented default
Laser breakthrough could send stock soaring 2,467% (Ad)
Twitter executive responsible for content safety resigns after Elon Musk criticism
NYSE:MTB

M&T Bank (MTB) Stock Forecast, Price & News

$125.59
+4.29 (+3.54%)
(As of 06/2/2023 ET)
Compare
Today's Range
$121.98
$126.01
50-Day Range
$111.43
$129.61
52-Week Range
$109.36
$193.42
Volume
1.18 million shs
Average Volume
1.21 million shs
Market Capitalization
$20.83 billion
P/E Ratio
9.73
Dividend Yield
4.14%
Price Target
$163.74

M&T Bank MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.56 Rating Score
Upside/​Downside
30.4% Upside
$163.74 Price Target
Short Interest
Healthy
2.97% of Shares Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-0.42
Upright™ Environmental Score
News Sentiment
0.34mentions of M&T Bank in the last 14 days
Based on 12 Articles This Week
Insider Trading
Selling Shares
$82,880 Sold Last Quarter
Proj. Earnings Growth
-3.75%
From $16.82 to $16.19 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

3.44 out of 5 stars

Finance Sector

11th out of 873 stocks

State Commercial Banks Industry

5th out of 181 stocks


MTB stock logo

About M&T Bank (NYSE:MTB) Stock

M&T Bank Corp. operates as a bank holding company, which engages in the provision of retail and commercial banking, trust, wealth management and investment services. It operates through the following segments: Business Banking, Commercial Banking, Commercial Real Estate, Discretionary Portfolio, Residential Mortgage Banking, and Retail Banking. The Business Banking segment provides services to small businesses and professionals through the company's branch network, business banking centers, and other delivery channels such as telephone banking, Internet banking and automated teller machines. The Commercial Banking segment offers credit products and banking services for middle-market and large commercial customers. The Commercial Real Estate segment includes credit and deposit services to its customers. The Discretionary Portfolio segment consists of investment and trading securities, residential mortgage loans and other assets, short-term and long-term borrowed funds, brokered certificates of deposit and interest rate swap agreements related thereto, and Cayman Islands branch deposits. The Residential Mortgage Banking segment consists of residential mortgage loans and sells substan

Receive MTB Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for M&T Bank and its competitors with MarketBeat's FREE daily newsletter.

MTB Stock News Headlines

66,000% upside on tiny biotech?
The Wall Street Journal reports that this medical breakthrough is "Transforming Medicine." One analyst calculated that it could be worth $1 Trillion, making the upside potential of this small-cap 66,000% above today's price.
M&T Bank Co. to Issue Quarterly Dividend of $1.30 (NYSE:MTB)
66,000% upside on tiny biotech?
The Wall Street Journal reports that this medical breakthrough is "Transforming Medicine." One analyst calculated that it could be worth $1 Trillion, making the upside potential of this small-cap 66,000% above today's price.
M&T Bank (NYSE:MTB) Coverage Initiated at StockNews.com
Bond Selloff Adds to the Pressure on Regional Banks
See More Headlines

MTB Price History

MTB Company Calendar

Ex-Dividend for 3/31 Dividend
3/03/2023
Dividend Payable
3/31/2023
Last Earnings
4/17/2023
Ex-Dividend for 6/30 Dividend
5/31/2023
Today
6/03/2023
Dividend Payable
6/30/2023
Next Earnings (Estimated)
7/19/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
State commercial banks
Sub-Industry
Regional Banks
Sector
Finance
CUSIP
55261F10
Employees
22,808
Year Founded
1856

Price Target and Rating

Average Stock Price Forecast
$163.74
High Stock Price Forecast
$200.00
Low Stock Price Forecast
$125.00
Forecasted Upside/Downside
+30.4%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.56
Research Coverage
18 Analysts

Profitability

Net Income
$1.99 billion
Pretax Margin
30.47%

Debt

Sales & Book Value

Annual Sales
$8.60 billion
Cash Flow
$17.39 per share
Book Value
$140.87 per share

Miscellaneous

Free Float
164,261,000
Market Cap
$20.83 billion
Optionable
Optionable
Beta
0.79

Social Links


Key Executives

  • René F. Jones
    Chairman & Chief Executive Officer
  • Darren J. King
    Chief Financial Officer & Senior Executive VP
  • Michael Wisler
    Senior Executive VP & Chief Information Officer
  • Michael J. TodaroMichael J. Todaro
    Chief Risk Officer & Senior Executive VP
  • Laura P. O'Hara
    Chief Legal Officer & Senior Executive VP













MTB Stock - Frequently Asked Questions

Should I buy or sell M&T Bank stock right now?

18 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for M&T Bank in the last year. There are currently 8 hold ratings and 10 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" MTB shares.
View MTB analyst ratings
or view top-rated stocks.

What is M&T Bank's stock price forecast for 2023?

18 Wall Street research analysts have issued 1 year target prices for M&T Bank's stock. Their MTB share price forecasts range from $125.00 to $200.00. On average, they anticipate the company's share price to reach $163.74 in the next twelve months. This suggests a possible upside of 30.4% from the stock's current price.
View analysts price targets for MTB
or view top-rated stocks among Wall Street analysts.

How have MTB shares performed in 2023?

M&T Bank's stock was trading at $145.06 at the beginning of the year. Since then, MTB shares have decreased by 13.4% and is now trading at $125.59.
View the best growth stocks for 2023 here
.

When is M&T Bank's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, July 19th 2023.
View our MTB earnings forecast
.

How were M&T Bank's earnings last quarter?

M&T Bank Co. (NYSE:MTB) released its quarterly earnings results on Monday, April, 17th. The financial services provider reported $4.01 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.98 by $0.03. The financial services provider had revenue of $2.91 billion for the quarter, compared to analysts' expectations of $2.37 billion. M&T Bank had a net margin of 23.20% and a trailing twelve-month return on equity of 11.97%. During the same quarter last year, the business posted $2.73 earnings per share.
Read the conference call transcript
.

How often does M&T Bank pay dividends? What is the dividend yield for M&T Bank?

M&T Bank announced a quarterly dividend on Tuesday, May 16th. Stockholders of record on Thursday, June 1st will be given a dividend of $1.30 per share on Friday, June 30th. This represents a $5.20 dividend on an annualized basis and a yield of 4.14%. The ex-dividend date is Wednesday, May 31st.
Read our dividend analysis for MTB
.

Is M&T Bank a good dividend stock?

M&T Bank (NYSE:MTB) pays an annual dividend of $5.20 per share and currently has a dividend yield of 4.29%. MTB has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 40.28%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, MTB will have a dividend payout ratio of 32.12% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for MTB.

How will M&T Bank's stock buyback program work?

M&T Bank declared that its board has authorized a share repurchase program on Tuesday, July 19th 2022, which permits the company to repurchase $3,000,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to purchase up to 9.7% of its shares through open market purchases. Shares repurchase programs are often an indication that the company's board of directors believes its shares are undervalued.

What is Rene F Jones' approval rating as M&T Bank's CEO?

160 employees have rated M&T Bank Chief Executive Officer Rene F Jones on Glassdoor.com. Rene F Jones has an approval rating of 86% among the company's employees.

What other stocks do shareholders of M&T Bank own?

Based on aggregate information from My MarketBeat watchlists, some companies that other M&T Bank investors own include AT&T (T), Verizon Communications (VZ), Johnson & Johnson (JNJ), Intel (INTC), JPMorgan Chase & Co. (JPM), Merck & Co., Inc. (MRK), Micron Technology (MU), AbbVie (ABBV), Walmart (WMT) and Pfizer (PFE).

What is M&T Bank's stock symbol?

M&T Bank trades on the New York Stock Exchange (NYSE) under the ticker symbol "MTB."

Who are M&T Bank's major shareholders?

M&T Bank's stock is owned by many different institutional and retail investors. Top institutional shareholders include Wellington Management Group LLP (9.02%), BlackRock Inc. (7.80%), FMR LLC (4.76%), State Street Corp (4.81%), JPMorgan Chase & Co. (3.68%) and Geode Capital Management LLC (2.22%). Insiders that own company stock include Christopher E Kay, D Scott N Warman, Denis J Salamone, Doris P Meister, Edna Jennifer Warren, Gary N Geisel, Kevin J Pearson, Kirk W Walters, Michael J Todaro, Michele D Trolli, Robert J Bojdak and Rudina Seseri.
View institutional ownership trends
.

How do I buy shares of M&T Bank?

Shares of MTB stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is M&T Bank's stock price today?

One share of MTB stock can currently be purchased for approximately $125.59.

How much money does M&T Bank make?

M&T Bank (NYSE:MTB) has a market capitalization of $20.83 billion and generates $8.60 billion in revenue each year. The financial services provider earns $1.99 billion in net income (profit) each year or $12.91 on an earnings per share basis.

How many employees does M&T Bank have?

The company employs 22,808 workers across the globe.

How can I contact M&T Bank?

M&T Bank's mailing address is ONE M&T PLAZA, BUFFALO NY, 14203. The official website for the company is www.mtb.com. The financial services provider can be reached via phone at (716) 635-4000, via email at ir@mtb.com, or via fax at 716-842-5021.

This page (NYSE:MTB) was last updated on 6/3/2023 by MarketBeat.com Staff

My Account -