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M&T Bank Stock Price, Forecast & Analysis (NYSE:MTB)

$163.38
-0.59 (-0.36 %)
(As of 11/18/2019 02:15 PM ET)
Today's Range
$162.43
Now: $163.38
$163.85
50-Day Range
$149.96
MA: $157.94
$167.95
52-Week Range
$133.78
Now: $163.38
$176.11
Volume240,588 shs
Average Volume624,364 shs
Market Capitalization$21.56 billion
P/E Ratio12.70
Dividend Yield2.45%
Beta1.11
M&T Bank Corporation operates as the holding company for Manufacturers and Traders Trust Company; and Wilmington Trust, National Association that provide banking services. The company's Business Banking segment offers deposits, business loans and leases, and credit cards; and cash management, payroll, and letters of credit services to small businesses and professionals. Read More…

Industry, Sector and Symbol

Industry State commercial banks
Sub-IndustryRegional Banks
SectorFinance
CUSIP55261F10
Phone716-635-4000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$6.45 billion
Cash Flow$15.10 per share
Book Value$110.11 per share

Profitability

Net Income$1.92 billion

Miscellaneous

Employees17,267
Market Cap$21.56 billion
Next Earnings Date1/16/2020 (Estimated)
OptionableOptionable

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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, August 20th. Investors of record on Tuesday, September 3rd will be given a dividend of $1.00 per share on Monday, September 30th. This represents a $4.00 annualized dividend and a dividend yield of 2.45%. The ex-dividend date is Friday, August 30th. View M&T Bank's Dividend History.

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

M&T Bank declared that its Board of Directors has initiated 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 buy up to 2.8% of its stock through open market purchases. Stock buyback programs are often a sign that the company's management believes its stock is undervalued.

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

M&T Bank Co. (NYSE:MTB) issued its quarterly earnings results on Thursday, October, 17th. The financial services provider reported $3.47 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $3.59 by $0.12. The financial services provider had revenue of $1.56 billion for the quarter, compared to the consensus estimate of $1.53 billion. M&T Bank had a return on equity of 13.82% and a net margin of 28.58%. During the same quarter last year, the company earned $3.53 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 16th 2020. View Earnings Estimates for M&T Bank.

What price target have analysts set for MTB?

13 analysts have issued 12-month price objectives for M&T Bank's stock. Their forecasts range from $150.00 to $200.00. On average, they expect M&T Bank's share price to reach $167.75 in the next year. This suggests a possible upside of 2.9% from the stock's current price. View Analyst Price Targets for M&T Bank.

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

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for M&T Bank in the last year. There are currently 1 sell rating, 11 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for M&T Bank.

Has M&T Bank been receiving favorable news coverage?

News headlines about MTB stock have been trending very negative on Monday, according to InfoTrie. The research firm identifies negative and positive press coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. M&T Bank earned a coverage optimism score of -3.0 on InfoTrie's scale. They also gave news stories about the financial services provider a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the stock's share price in the next few days. View News Stories for M&T Bank.

Are investors shorting M&T Bank?

M&T Bank saw a increase in short interest during the month of October. As of October 31st, there was short interest totalling 1,820,000 shares, an increase of 24.7% from the September 30th total of 1,460,000 shares. Based on an average trading volume of 636,000 shares, the days-to-cover ratio is presently 2.9 days. Currently, 1.4% of the shares of the company are short sold. View M&T Bank's Current Options Chain.

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

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

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 54)
  • Mr. Kevin J. Pearson, Exec. VP & Director (Age 57)
  • Mr. Richard S. Gold, Pres, COO & Director (Age 58)
  • Mr. Darren J. King, Exec. VP & CFO (Age 49)
  • Ms. Doris P. Meister, Exec. VP of Wealth & Institutional Services (Age 63)

Who are M&T Bank's major shareholders?

M&T Bank's stock is owned by many different of institutional and retail investors. Top institutional shareholders include USS Investment Management Ltd (0.55%), Sumitomo Mitsui Trust Holdings Inc. (0.39%), Massachusetts Financial Services Co. MA (0.37%), Fenimore Asset Management Inc. (0.32%), First Trust Advisors LP (0.29%) and California Public Employees Retirement System (0.26%). Company insiders that own M&T Bank stock include Brian E Hickey, C Angela Bontempo, D Scott N Warman, Darren J King, Denis J Salamone, Doris P Meister, Gary N Geisel, John L Dangelo, Michael J Todaro, Michael R Spychala, Michele D Trolli, Richard H Jr Ledgett, Richard S Gold, Robert E Sadler Jr, Robert J Bojdak, Sabeth Siddique, Wilfried Bernard and William J Farrell II. 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 State of Tennessee Treasury Department, Envestnet Asset Management Inc., Chicago Equity Partners LLC, Alberta Investment Management Corp, SG Americas Securities LLC, First National Bank of Omaha, Teacher Retirement System of Texas and LGT Capital Partners LTD.. Company insiders that have sold M&T Bank company stock in the last year include Brian E Hickey, C Angela Bontempo, Darren J King, Denis J Salamone, Doris P Meister, Gary N Geisel, John L Dangelo, Michael J Todaro, Michele D Trolli, Richard H Jr Ledgett, Richard S Gold, Robert J Bojdak, Sabeth Siddique and William J Farrell II. View Insider Buying and Selling for M&T Bank.

Which major investors are buying M&T Bank stock?

MTB stock was purchased by a variety of institutional investors in the last quarter, including USS Investment Management Ltd, State of New Jersey Common Pension Fund D, California Public Employees Retirement System, First Trust Advisors LP, Calamos Advisors LLC, Unigestion Holding SA, Strs Ohio and Meeder Asset Management Inc.. Company insiders that have bought M&T Bank stock in the last two years include Michael J Todaro and Wilfried Bernard. 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, Robinhood, Fidelity and Charles Schwab.

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

One share of MTB stock can currently be purchased for approximately $163.01.

How big of a company is M&T Bank?

M&T Bank has a market capitalization of $21.51 billion and generates $6.45 billion in revenue each year. The financial services provider earns $1.92 billion in net income (profit) each year or $12.86 on an earnings per share basis. M&T Bank employs 17,267 workers across the globe.View Additional Information About M&T Bank.

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:  2.2 out of 5 (star star)
Outperform Votes:  153 (Vote Outperform)
Underperform Votes:  192 (Vote Underperform)
Total Votes:  345
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 11/18/2019 by MarketBeat.com Staff

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