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

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$155.7050 +2.15 (+1.40 %)
(As of 12/12/2018 12:02 PM ET)
Previous Close$153.56
Today's Range$153.50 - $155.88
52-Week Range$152.63 - $197.37
Volume247,409 shs
Average Volume830,421 shs
Market Capitalization$22.16 billion
P/E Ratio16.65
Dividend Yield2.53%
Beta0.86
M&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
Current SymbolNYSE:MTB
Previous Symbol
CUSIP55261F10
Phone716-635-4000

Debt

Debt-to-Equity Ratio0.64
Current Ratio1.07
Quick Ratio1.07

Price-To-Earnings

Trailing P/E Ratio16.65
Forward P/E Ratio11.94
P/E Growth1

Sales & Book Value

Annual Sales$6.02 billion
Price / Sales3.63
Cash Flow$11.1616 per share
Price / Cash Flow13.95
Book Value$99.79 per share
Price / Book1.56

Profitability

EPS (Most Recent Fiscal Year)$9.35
Net Income$1.41 billion
Net Margins26.84%
Return on Equity13.15%
Return on Assets1.62%

Miscellaneous

Employees16,794
Outstanding Shares140,360,000
Market Cap$22.16 billion
OptionableOptionable

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, November 20th. Shareholders of record on Monday, December 3rd will be paid a dividend of $1.00 per share on Monday, December 31st. This represents a $4.00 annualized dividend and a yield of 2.57%. The ex-dividend date is Friday, November 30th. View M&T Bank's Dividend History.

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

M&T Bank announced that its Board of Directors has approved a share repurchase plan on Wednesday, February 21st 2018, which allows the company to buyback $745,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to reacquire up to 2.8% of its stock through open market purchases. Stock buyback plans are often an indication that the company's leadership believes its stock is undervalued.

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

M&T Bank Co. (NYSE:MTB) posted its earnings results on Wednesday, October, 17th. The financial services provider reported $3.53 earnings per share for the quarter, beating the Zacks' consensus estimate of $3.35 by $0.18. The financial services provider had revenue of $1.49 billion for the quarter, compared to analysts' expectations of $1.50 billion. M&T Bank had a net margin of 26.84% and a return on equity of 13.15%. During the same period in the prior year, the company earned $2.21 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 Thursday, January 17th 2019. View Earnings Estimates for M&T Bank.

What price target have analysts set for MTB?

15 analysts have issued 12 month price objectives for M&T Bank's stock. Their predictions range from $120.00 to $220.00. On average, they expect M&T Bank's stock price to reach $184.80 in the next twelve months. This suggests a possible upside of 18.7% 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, 4 hold ratings and 10 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for M&T Bank.

Has M&T Bank been receiving favorable news coverage?

News articles about MTB stock have been trending positive recently, according to InfoTrie Sentiment Analysis. The research group ranks the sentiment of press coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. M&T Bank earned a media sentiment score of 2.3 on InfoTrie's scale. They also gave media stories about the financial services provider a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the immediate future.

Are investors shorting M&T Bank?

M&T Bank saw a decrease in short interest in the month of November. As of November 30th, there was short interest totalling 1,465,099 shares, a decrease of 33.6% from the November 15th total of 2,207,650 shares. Based on an average daily volume of 986,935 shares, the days-to-cover ratio is currently 1.5 days. Currently, 1.1% of the company's shares are sold short. View M&T Bank's Current Options Chain.

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)

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 investors include Vanguard Group Inc. (9.96%), BlackRock Inc. (6.95%), JPMorgan Chase & Co. (4.11%), FMR LLC (2.37%), Standard Life Aberdeen plc (1.25%) and Wells Fargo & Company MN (1.12%). Company insiders that own M&T Bank stock include Brian E Hickey, D Scott N Warman, Darren J King, Denis J Salamone, Doris P Meister, Gary N Geisel, Gino A Martocci, John L Dangelo, Michael J Todaro, Michael R Spychala, Michele D Trolli, Randolph Michael Kasum, Richard H Jr Ledgett, Richard S Gold, Robert E Sadler Jr, 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 Capital Research Global Investors, FMR LLC, Renaissance Technologies LLC, Mitsubishi UFJ Trust & Banking Corp, BlackRock Inc., Standard Life Aberdeen plc, AQR Capital Management LLC and Marshall Wace North America L.P.. 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, Doris P Meister, Gary N Geisel, Michael J Todaro, Michael R Spychala, Michele D Trolli, Richard H Jr Ledgett, 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 bought by a variety of institutional investors in the last quarter, including TIAA CREF Investment Management LLC, Janus Henderson Group PLC, Point72 Asset Management L.P., Deutsche Bank AG, First Trust Advisors LP, The Manufacturers Life Insurance Company , PGGM Investments and Dimensional Fund Advisors LP. 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 $155.7050.

How big of a company is M&T Bank?

M&T Bank has a market capitalization of $22.16 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.

What is M&T Bank's official website?

The official website for M&T Bank is http://www.mtb.com.

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:  2.5 out of 5 (star star half star)
Outperform Votes:  110 (Vote Outperform)
Underperform Votes:  113 (Vote Underperform)
Total Votes:  223
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 12/12/2018 by MarketBeat.com Staff

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