NYSE:MTB - M&T Bank Stock Price, News, Headlines & Rumors

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$176.93 +3.28 (+1.89 %)
(As of 08/16/2018 04:00 PM ET)
Previous Close$173.65
Today's Range$174.47 - $177.63
52-Week Range$141.12 - $197.37
Volume722,400 shs
Average Volume800,223 shs
Market Capitalization$25.01 billion
P/E Ratio18.94
Dividend Yield1.83%
Beta0.91
M&T Bank logoM&T Bank Corporation operates as the holding company for Manufacturers and Traders Trust Company; and Wilmington Trust, National Association that provide retail and commercial banking services. The company's Business Banking segment offers deposit, lending, cash management, and other financial services to small businesses and professionals. Its Commercial Banking segment provides commercial lending and leasing, letters of credit, deposit products, and cash management services to middle-market and large commercial customers. The company's Commercial Real Estate segment offers credit services, which are secured by various multifamily residential and commercial real estates; and deposit services. Its Discretionary Portfolio segment provides securities, residential real estate loans, and other assets; short-term and long-term borrowed funds; brokered deposits; and the Cayman Islands branch deposits, as well as foreign exchange services. The company's Residential Mortgage Banking segment originates and services residential real estate loans for consumers and sells those loans in the secondary market; and purchases servicing rights to loans originated by other entities. Its Retail Banking segment offers demand, savings, and time accounts; consumer installment loans, automobile and recreational vehicle loans, home equity loans and lines of credit, and credit cards; investment products, including mutual funds and annuities; and other services. The company also provides trust and wealth management; fiduciary and custodial; investment management and advisory; and insurance agency services. It offers its services through banking offices, business banking centers, telephone and Internet banking, and automated teller machines. As of December 31, 2017, the company had 780 banking offices in the United States, a commercial banking office in Canada, and an office in the Cayman Islands. M&T Bank Corporation was founded in 1856 and is headquartered in Buffalo, New York.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry State commercial banks
Sub-IndustryRegional Banks
SectorFinance
SymbolNYSE:MTB
CUSIP55261F10
Phone716-635-4000

Debt

Debt-to-Equity Ratio0.58
Current Ratio1.06
Quick Ratio1.06

Price-To-Earnings

Trailing P/E Ratio18.94
Forward P/E Ratio13.78
P/E Growth0.93

Sales & Book Value

Annual Sales$6.02 billion
Price / Sales4.23
Cash Flow$11.5114 per share
Price / Cash15.37
Book Value$99.79 per share
Price / Book1.77

Profitability

EPS (Most Recent Fiscal Year)$9.35
Net Income$1.41 billion
Net Margins24.57%
Return on Equity11.80%
Return on Assets1.46%

Miscellaneous

Employees16,794
Outstanding Shares143,790,000
Market Cap$25.01 billion

M&T Bank (NYSE:MTB) Frequently Asked Questions

What is M&T Bank's stock symbol?

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

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 15th. Investors of record on Friday, June 1st will be paid a dividend of $0.80 per share on Friday, June 29th. This represents a $3.20 dividend on an annualized basis and a yield of 1.81%. The ex-dividend date of this dividend is Thursday, May 31st. This is a positive change from M&T Bank's previous quarterly dividend of $0.75. View M&T Bank's Dividend History.

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

M&T Bank announced that its board has approved a share repurchase program on Wednesday, February 21st 2018, which allows the company to buyback $745,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to repurchase up to 2.8% of its shares through open market purchases. Shares buyback programs are usually a sign that the company's board believes its shares are undervalued.

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

M&T Bank Co. (NYSE:MTB) posted its earnings results on Wednesday, July, 18th. The financial services provider reported $3.26 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $3.17 by $0.09. The financial services provider had revenue of $1.47 billion for the quarter, compared to the consensus estimate of $1.46 billion. M&T Bank had a return on equity of 11.80% and a net margin of 24.57%. During the same quarter in the previous year, the business posted $2.35 earnings per share. View M&T Bank's Earnings History.

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

M&T Bank is scheduled to release their next quarterly earnings announcement on Wednesday, October, 17th 2018. View Earnings Estimates for M&T Bank.

What price target have analysts set for MTB?

15 Wall Street analysts have issued 12 month price objectives for M&T Bank's shares. Their predictions range from $145.00 to $210.00. On average, they expect M&T Bank's share price to reach $177.4667 in the next twelve months. This suggests a possible upside of 0.3% from the stock's current price. View Analyst Price Targets for M&T Bank.

What is the consensus analysts' recommendation for M&T Bank?

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for M&T Bank in the last year. There are currently 1 sell rating, 9 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for M&T Bank.

Who are some of M&T Bank's key competitors?

Who are M&T Bank's key executives?

M&T Bank's management team includes the folowing people:
  • Mr. René F. Jones CPA, Chairman & CEO (Age 53)
  • Mr. Richard S. Gold, Pres, COO & Director (Age 57)
  • Mr. Darren J. King, Exec. VP & CFO (Age 48)
  • Mr. Kevin J. Pearson, Exec. VP & Director (Age 56)
  • Ms. Doris P. Meister, Exec. VP of Wealth & Institutional Services (Age 62)

Has M&T Bank been receiving favorable news coverage?

Press coverage about MTB stock has been trending somewhat positive this week, according to Accern Sentiment Analysis. The research firm scores the sentiment of media coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. M&T Bank earned a news and rumor sentiment score of 0.22 on Accern's scale. They also assigned news headlines about the financial services provider an impact score of 46.08 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the near term. View Recent Headlines for M&T Bank.

Who are M&T Bank's major shareholders?

M&T Bank's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (7.06%), FMR LLC (2.96%), Standard Life Aberdeen plc (1.32%), Wells Fargo & Company MN (1.09%), Millennium Management LLC (0.93%) and American Century Companies Inc. (0.93%). Company insiders that own M&T Bank stock include Brian E Hickey, D Scott N Warman, Darren J King, Denis J Salamone, Drew J Pfirrman, Gary N Geisel, Gino A Martocci, John L Dangelo, Kevin J Pearson, Mark J Czarnecki, Michael J Todaro, Michael R Spychala, Michele D Trolli, Randolph Michael Kasum, Rene F Jones, Richard S Gold, Robert E Sadler Jr, Robert G Wilmers, Robert J Bojdak, Sabeth Siddique and Wilfried Bernard. View Institutional Ownership Trends for M&T Bank.

Which major investors are selling M&T Bank stock?

MTB stock was sold by a variety of institutional investors in the last quarter, including Standard Life Aberdeen plc, BlackRock Inc., American Century Companies Inc., Federated Investors Inc. PA, Dimensional Fund Advisors LP, Wells Fargo & Company MN, Morgan Stanley and Mountain Pacific Investment Advisers Inc. ID. Company insiders that have sold M&T Bank company stock in the last year include D Scott N Warman, Darren J King, Denis J Salamone, Gary N Geisel, Michael J Todaro, Michael R Spychala, Michele D Trolli, Randolph Michael Kasum, Richard S Gold, Robert E Sadler Jr, Robert J Bojdak and Sabeth Siddique. View Insider Buying and Selling for M&T Bank.

Which major investors are buying M&T Bank stock?

MTB stock was acquired by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Millennium Management LLC, FMR LLC, Unigestion Holding SA, Caisse DE Depot ET Placement DU Quebec, Canada Pension Plan Investment Board, Bank of Montreal Can and Bartlett & Co. LLC. View Insider Buying and Selling for M&T Bank.

How do I buy shares of M&T Bank?

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

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

One share of MTB stock can currently be purchased for approximately $176.93.

How big of a company is M&T Bank?

M&T Bank has a market capitalization of $25.01 billion and generates $6.02 billion in revenue each year. The financial services provider earns $1.41 billion in net income (profit) each year or $9.35 on an earnings per share basis. M&T Bank employs 16,794 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 financial services provider can be reached via phone at 716-635-4000 or via email at [email protected]


MarketBeat Community Rating for M&T Bank (NYSE MTB)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  83 (Vote Outperform)
Underperform Votes:  89 (Vote Underperform)
Total Votes:  172
MarketBeat's community ratings are surveys of what our community members think about M&T Bank and other stocks. Vote "Outperform" if you believe MTB will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MTB will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 8/16/2018 by MarketBeat.com Staff

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