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

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$172.27 +3.13 (+1.85 %)
(As of 02/18/2019 03:48 PM ET)
Previous Close$169.14
Today's Range$170.23 - $172.29
52-Week Range$133.78 - $197.37
Volume1.28 million shs
Average Volume948,612 shs
Market Capitalization$24.18 billion
P/E Ratio13.40
Dividend Yield2.36%
Beta1.07
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

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$14.1089 per share
Book Value$101.37 per share

Profitability

Net Income$1.92 billion

Miscellaneous

Employees16,794
Market Cap$24.18 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. Investors of record on Monday, December 3rd will be given a dividend of $1.00 per share on Monday, December 31st. This represents a $4.00 annualized dividend and a yield of 2.32%. 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 declared that its Board of Directors has initiated a share buyback plan on Wednesday, February 21st 2018, which permits the company to buyback $745,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to purchase up to 2.8% of its shares through open market purchases. Shares buyback plans are usually a sign that the company's leadership believes its shares are undervalued.

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

M&T Bank Co. (NYSE:MTB) announced its quarterly earnings data on Thursday, January, 17th. The financial services provider reported $3.76 earnings per share for the quarter, beating the consensus estimate of $3.49 by $0.27. The financial services provider had revenue of $1.54 billion for the quarter, compared to analyst estimates of $1.50 billion. M&T Bank had a net margin of 29.72% and a return on equity of 14.24%. During the same quarter in the prior year, the company earned $2.66 EPS. 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 Monday, April 15th 2019. View Earnings Estimates for M&T Bank.

What price target have analysts set for MTB?

13 brokerages have issued 12 month price objectives for M&T Bank's shares. Their predictions range from $120.00 to $220.00. On average, they anticipate M&T Bank's share price to reach $180.1111 in the next twelve months. This suggests a possible upside of 4.6% 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 4 hold ratings and 9 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?

Media coverage about MTB stock has been trending positive this week, InfoTrie reports. The research group rates the sentiment of media coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. M&T Bank earned a news impact score of 2.3 on InfoTrie's scale. They also gave media coverage about the financial services provider a news buzz of 6.0 out of 10, indicating that recent media coverage is somewhat likely to have an impact on the stock's share price in the immediate future.

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 54)
  • 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)
  • Mr. Michael R. Spychala, Sr. VP, Controller & Principal Accounting Officer

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 BlackRock Inc. (7.28%), Geode Capital Management LLC (1.43%), Northern Trust Corp (1.07%), Standard Life Aberdeen plc (0.89%), M&T Bank Corp (0.84%) and Bank of New York Mellon Corp (0.73%). 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, 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 Standard Life Aberdeen plc, Martingale Asset Management L P, Bank of Montreal Can, Toronto Dominion Bank, Two Sigma Advisers LP, First Trust Advisors LP, Bank of Nova Scotia and Bartlett & Co. LLC. Company insiders that have sold M&T Bank company stock in the last year include Darren J King, Denis J Salamone, Doris P Meister, Michael J Todaro, Richard H Jr Ledgett, 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 BlackRock Inc., M&T Bank Corp, Banco Santander S.A., Abacus Planning Group Inc., Geode Capital Management LLC, Canada Pension Plan Investment Board, State of Tennessee Treasury Department and British Airways Pensions Investment Management Ltd. 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 $172.27.

How big of a company is M&T Bank?

M&T Bank has a market capitalization of $24.18 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 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:  2.4 out of 5 (star star)
Outperform Votes:  115 (Vote Outperform)
Underperform Votes:  123 (Vote Underperform)
Total Votes:  238
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 2/18/2019 by MarketBeat.com Staff

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