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

Sign in or create an account to add this stock to your watchlist.
$158.52 -1.93 (-1.20 %)
(As of 10/15/2018 09:10 AM ET)
Previous Close$160.45
Today's Range$155.36 - $162.05
52-Week Range$155.36 - $197.37
Volume1.09 million shs
Average Volume804,754 shs
Market Capitalization$23.66 billion
P/E Ratio16.95
Dividend Yield2.41%
Beta0.95
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.

Receive MTB News and Ratings via Email

Sign-up to receive the latest news and ratings for MTB and its competitors with MarketBeat's FREE daily newsletter.

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 Ratio16.95
Forward P/E Ratio12.37
P/E Growth0.89

Sales & Book Value

Annual Sales$6.02 billion
Price / Sales3.79
Cash Flow$10.9023 per share
Price / Cash14.54
Book Value$99.79 per share
Price / Book1.59

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

Employees16,760
Outstanding Shares143,790,000
Market Cap$23.66 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, August 21st. Shareholders of record on Tuesday, September 4th will be given a dividend of $1.00 per share on Friday, September 28th. This represents a $4.00 annualized dividend and a dividend yield of 2.52%. The ex-dividend date of this dividend is Friday, August 31st. This is a boost from M&T Bank's previous quarterly dividend of $0.80. 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 buyback 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 buy up to 2.8% of its stock through open market purchases. Stock buyback plans are usually an indication that the company's board of directors 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, July, 18th. The financial services provider reported $3.26 earnings per share for the quarter, topping analysts' consensus estimates of $3.17 by $0.09. The financial services provider earned $1.47 billion during the quarter, compared to analysts' expectations 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 last year, the business earned $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.

How can I listen to M&T Bank's earnings call?

M&T Bank will be holding an earnings conference call on Wednesday, October 17th at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8777802276.

What price target have analysts set for MTB?

15 analysts have issued twelve-month target prices for M&T Bank's stock. Their forecasts range from $120.00 to $220.00. On average, they anticipate M&T Bank's stock price to reach $180.1818 in the next year. This suggests a possible upside of 13.7% 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, 6 hold ratings and 8 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)

Who are M&T Bank's major shareholders?

M&T Bank's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Bank of Montreal Can (0.36%), Berkshire Asset Management LLC PA (0.11%), Sumitomo Mitsui Asset Management Company LTD (0.04%), DNB Asset Management AS (0.03%), State of Alaska Department of Revenue (0.02%) and Denali Advisors LLC (0.01%). Company insiders that own M&T Bank stock include Brian E Hickey, D Scott N Warman, Darren J King, Denis J Salamone, Gary N Geisel, Gino A Martocci, John L Dangelo, 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 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 Denali Advisors LLC, Fox Run Management L.L.C. and Sumitomo Mitsui Asset Management Company LTD. 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, 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 Bank of Montreal Can, Berkshire Asset Management LLC PA, DNB Asset Management AS, Hudson Valley Investment Advisors Inc. ADV, Lenox Wealth Advisors LLC, NEXT Financial Group Inc and State of Alaska Department of Revenue. 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 $158.52.

How big of a company is M&T Bank?

M&T Bank has a market capitalization of $23.66 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 16,760 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:  97 (Vote Outperform)
Underperform Votes:  101 (Vote Underperform)
Total Votes:  198
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 10/15/2018 by MarketBeat.com Staff

Featured Article: Dividend Aristocrat Index

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel