M&T Bank Corp. Company Profile (NYSE:MTB)

About M&T Bank Corp.

M&T Bank Corp. logoM&T Bank Corporation (M&T) is a bank holding company. The Company, through its subsidiaries, M&T Bank and Wilmington Trust, National Association (Wilmington Trust, N.A.), offer a range of retail and commercial banking, trust and wealth management, and investment services to their customers. M&T's segments include Business Banking, Commercial Banking, Commercial Real Estate, Discretionary Portfolio, Residential Mortgage Banking and Retail Banking. The Business Banking segment provides a range of services to small businesses and professionals. The Commercial Real Estate segment provides credit and deposit services to its customers. The Discretionary Portfolio segment includes investment and trading account securities; residential real estate loans and other assets, and Cayman Islands office deposits. The Residential Mortgage Banking segment primarily originates and services residential mortgage loans. The Retail Banking segment offers a range of retail banking services to consumers.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Regional - Northeast Banks
  • Sub-Industry: Regional Banks
  • Exchange: NYSE
  • Symbol: MTB
  • CUSIP: 55261F10
Key Metrics:
  • Previous Close: $117.70
  • 50 Day Moving Average: $116.36
  • 200 Day Moving Average: $114.20
  • Trailing P/E Ratio: 16.18
  • Foreward P/E Ratio: 13.67
  • P/E Growth: 2.72
  • Market Cap: $18.45B
  • Outstanding Shares: 156,769,000
  • Beta: 0.85
Additional Links:
Companies Related to M&T Bank Corp.:

Analyst Ratings

Consensus Ratings for M&T Bank Corp. (NYSE:MTB) (?)
Ratings Breakdown: 1 Sell Rating, 19 Hold Ratings, 4 Buy Ratings
Consensus Rating:Hold (Score: 2.13)
Consensus Price Target: $138.29 (17.49% upside)

Analysts' Ratings History for M&T Bank Corp. (NYSE:MTB)
Show:
DateFirmActionRatingPrice TargetDetails
8/12/2016Barclays PLCReiterated RatingBuyView Rating Details
8/4/2016Robert W. BairdReiterated RatingUnderperformView Rating Details
7/21/2016Jefferies GroupReiterated RatingHold$116.00 -> $111.00View Rating Details
7/21/2016FBR & CoLower Price TargetHold$120.00 -> $105.00View Rating Details
7/12/2016Credit Suisse Group AGReiterated RatingHoldView Rating Details
7/9/2016NomuraDowngradeHoldView Rating Details
7/9/2016Wells Fargo & Co.Reiterated RatingHoldView Rating Details
7/7/2016JPMorgan Chase & Co.Boost Price TargetNeutral$120.00 -> $123.00View Rating Details
7/5/2016Piper Jaffray Cos.Reiterated RatingNeutral$121.00 -> $119.00View Rating Details
6/26/2016Deutsche Bank AGReiterated RatingHoldView Rating Details
4/21/2016Portales PartnersDowngradeOutperform -> Sector PerformView Rating Details
4/19/2016Sandler O'NeillDowngradeBuy -> HoldView Rating Details
4/19/2016Royal Bank Of CanadaLower Price TargetOutperform$135.00 -> $125.00View Rating Details
3/29/2016ArgusInitiated CoverageHoldView Rating Details
1/21/2016MacquarieLower Price TargetNeutral$120.00 -> $110.00View Rating Details
1/21/2016SunTrust Banks Inc.Lower Price TargetBuy$136.00 -> $122.00View Rating Details
1/20/2016Keefe, Bruyette & WoodsLower Price TargetMarket Perform$129.00 -> $120.00View Rating Details
1/11/2016Goldman Sachs Group Inc.DowngradeBuy -> Neutral$138.00 -> $130.00View Rating Details
11/16/2015DanskeBoost Price TargetBuy$425.00 -> $480.00View Rating Details
11/3/2015Evercore ISIInitiated CoverageHold$125.00View Rating Details
10/29/2015Morgan StanleyBoost Price Target$125.00 -> $127.00View Rating Details
10/21/2015Citigroup Inc.Reiterated RatingHoldView Rating Details
10/20/2015Sterne Agee CRTLower Price TargetNeutral$126.00 -> $122.00View Rating Details
10/20/2015Bank of America Corp.Lower Price TargetNeutral$128.00 -> $120.00View Rating Details
10/2/2015Sanford C. BernsteinLower Price TargetMarket Perform$135.00 -> $133.00View Rating Details
12/10/2014Raymond James Financial Inc.DowngradeMarket Perform -> UnderperformView Rating Details
(Data available from 8/28/2014 forward)

Earnings

Earnings History for M&T Bank Corp. (NYSE:MTB)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/17/2016        
7/20/2016Q216$2.08$1.98$1.32 billion$1.31 billionViewListenView Earnings Details
4/18/2016Q116$0.90$1.87$2.99 millionViewListenView Earnings Details
1/19/2016Q415$1.97$2.09$1.24 billionViewListenView Earnings Details
10/19/2015Q3$2.01$1.93$1.15 billionViewListenView Earnings Details
7/16/2015Q215$1.98$1.98$1.13 billion$1.18 billionViewListenView Earnings Details
4/20/2015Q115$1.76$1.65$1.12 billionViewListenView Earnings Details
1/20/2015Q115$1.94$1.92$1.13 billionViewListenView Earnings Details
10/17/2014Q314$1.98$1.94ViewListenView Earnings Details
7/17/2014Q214$1.90$1.98$1.12 billionViewListenView Earnings Details
4/14/2014Q114$1.62$1.66$1.18 millionViewListenView Earnings Details
1/17/2014Q4$1.94$1.74$1.10 billionViewListenView Earnings Details
10/17/2013Q313$2.08$2.11$1.12 billionViewN/AView Earnings Details
7/17/2013Q2 2013$2.11$2.55$1.11 billionViewN/AView Earnings Details
4/15/2013Q1 2013$1.97$2.05$1.11 billionViewN/AView Earnings Details
1/16/2013Q4 2012$2.16$2.16$1.12 billionViewN/AView Earnings Details
10/17/2012$1.85$2.24ViewN/AView Earnings Details
7/17/2012$1.68$1.71ViewN/AView Earnings Details
4/16/2012$1.49$1.50ViewN/AView Earnings Details
1/17/2012$1.45$1.04ViewN/AView Earnings Details
10/19/2011$1.71$1.32ViewN/AView Earnings Details
7/20/2011$1.56$2.42ViewN/AView Earnings Details
4/18/2011$1.40$1.59ViewN/AView Earnings Details
1/14/2011$1.45$1.59ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for M&T Bank Corp. (NYSE:MTB)
Current Year EPS Consensus Estimate: $7.94 EPS
Next Year EPS Consensus Estimate: $8.61 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20163$1.69$1.90$1.81
Q2 20163$2.03$2.10$2.06
Q3 20163$1.99$2.17$2.07
Q4 20163$2.05$2.21$2.11
Q1 20172$1.84$2.06$1.95
Q2 20172$2.15$2.29$2.22
Q3 20172$2.30$2.41$2.36
Q4 20172$2.36$2.49$2.43
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for M&T Bank Corp. (NYSE:MTB)
Annual Dividend:$2.80
Dividend Yield:2.38%
Payout Ratio:38.41% (Based on Trailing 12 Months of Earnings)
35.26% (Based on Current Year Consensus EPS Estimate)
32.52% (Based on Next Year Consensus EPS Estimate)
Dividend Growth:0.00% (3 Year Average)

Dividend History for M&T Bank Corp. (NYSE:MTB)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
8/16/2016quarterly$0.702.38%8/30/20169/1/20169/30/2016
5/17/2016quarterly$0.702.4%5/27/20166/1/20166/30/2016
2/18/2016quarterly$0.702.62%2/26/20163/1/20163/31/2016
10/20/2015quarterly$0.702.43%10/28/201510/30/201512/29/2015
7/22/2015quarterly$0.702.12%8/28/20159/1/20159/30/2015
5/19/2015quarterly$0.702.27%5/28/20156/1/20156/30/2015
2/19/2015quarterly$0.702.31%2/26/20153/2/20153/31/2015
11/18/2014quarterly$0.702.25%11/26/201412/1/201412/31/2014
8/20/2014quarterly$0.702.27%8/28/20149/2/20149/30/2014
5/20/2014quarterly$0.702.33%5/29/20146/2/20146/30/2014
2/19/2014quarterly$0.702.49%2/27/20143/3/20143/31/2014
11/19/2013quarterly$0.702.46%11/27/201312/2/201312/31/2013
8/21/2013quarterly$0.702.36%8/29/20139/3/20139/30/2013
5/21/2013quarterly$0.702.68%5/30/20136/3/20136/28/2013
2/21/2013quarterly$0.702.67%2/28/20133/4/20133/29/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for M&T Bank Corp. (NYSE:MTB)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
8/25/2016Drew J PfirrmanVPSell500$117.47$58,735.00View SEC Filing  
8/25/2016Robert J BojdakInsiderSell1,152$117.37$135,210.24View SEC Filing  
8/18/2016Brian E HickeyInsiderSell6,017$117.45$706,696.65View SEC Filing  
8/9/2016Michael J TodaroInsiderSell1,700$117.57$199,869.00View SEC Filing  
8/1/2016Drew J PfirrmanVPSell3,920$114.44$448,604.80View SEC Filing  
5/12/2016Mark J CzarneckiPresidentSell25,332$115.03$2,913,939.96View SEC Filing  
4/28/2016D Scott N WarmanEVPSell503$119.72$60,219.16View SEC Filing  
4/22/2016John L DangeloVPSell1,050$119.13$125,086.50View SEC Filing  
12/16/2015Richard S. GoldEVPSell6,225$125.37$780,428.25View SEC Filing  
12/15/2015Janet M. ColettiEVPSell5,666$124.06$702,923.96View SEC Filing  
12/15/2015Michael R. SpychalaVPSell7,090$124.59$883,343.10View SEC Filing  
12/2/2015Gino A. MartocciEVPSell3,634$125.66$456,648.44View SEC Filing  
12/1/2015Darren J. KingEVPSell8,869$126.33$1,120,420.77View SEC Filing  
11/12/2015Robert J. BojdakEVPSell12,456$123.89$1,543,173.84View SEC Filing  
10/26/2015Kevin J. PearsonEVPSell20,435$122.37$2,500,630.95View SEC Filing  
7/22/2015John L DangeloVPSell2,670$132.75$354,442.50View SEC Filing  
6/15/2015D Scott N WarmanEVPSell915$126.31$115,573.65View SEC Filing  
11/20/2014Wilfried BernardInsiderBuy93,000$0.01$930.00
11/19/2014Wilfried BernardInsiderBuy372,000$0.01$3,720.00
8/13/2014Kevin J PearsonEVPSell10,055$120.07$1,207,303.85View SEC Filing  
8/4/2014Jorge G PereiraChairmanSell17,241$119.49$2,060,127.09View SEC Filing  
8/1/2014Jorge G PereiraChairmanSell14,470$120.67$1,746,094.90View SEC Filing  
7/30/2014Jorge G PereiraChairmanSell68,289$122.74$8,381,791.86View SEC Filing  
7/21/2014Robert J BojdakEVPSell1,026$121.92$125,089.92View SEC Filing  
6/13/2014Rene F JonesCFOSell4,800$123.09$590,832.00View SEC Filing  
2/27/2014Richard GoldEVPSell9,783$115.37$1,128,664.71View SEC Filing  
2/10/2014Stephen BraunscheidelEVPSell7,000$112.50$787,500.00View SEC Filing  
2/6/2014Gino MartocciEVPSell1,100$111.44$122,584.00View SEC Filing  
2/4/2014Stephen BraunscheidelEVPSell1,985$110.73$219,799.05View SEC Filing  
1/21/2014Robert BojdakEVPSell31,843$111.10$3,537,757.30View SEC Filing  
10/22/2013Michael R SpychalaVPSell1,342$113.26$151,994.92View SEC Filing  
7/22/2013Darren J KingEVPSell10,396$118.93$1,236,396.28View SEC Filing  
7/19/2013Michele D TrolliVPSell4,962$119.00$590,478.00View SEC Filing  
7/19/2013Stephen J BraunscheidelEVPSell44,643$118.14$5,274,124.02View SEC Filing  
6/28/2013Richard S GoldEVPSell6,898$112.01$772,644.98View SEC Filing  
5/22/2013Richard S GoldEVPSell7,000$107.00$749,000.00View SEC Filing  
3/12/2013Richard G KingDirectorBuy1,250$104.17$130,212.50View SEC Filing  
11/1/2012Robert G WilmersCEOSell300,000$104.22$31,266,000.00View SEC Filing  
8/8/2012Rene F JonesCFOSell4,000$86.70$346,800.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for M&T Bank Corp. (NYSE:MTB)
DateHeadline
News IconExecutive Vice President of M&T Bank Corporation (NYSE:MTB), Bojdak Robert J, sells 1,152 shares worth $135,215 (NYSE:MTB)
empowerednews.net - August 27 at 10:38 AM
investors.com logoHealthEquity Nears Buy Point As Big Banks Sell HSA Assets (NYSE:MTB)
www.investors.com - August 26 at 6:02 PM
News Icon2 Sizzling Hot Financial Stocks: M&T Bank Corporation (MTB), Apollo Commercial Real Estate Finance, Inc. (ARI) - The Independent Republic (NYSE:MTB)
theindependentrepublic.com - August 25 at 11:25 AM
News IconA look at a High Market Cap Stock: M&T Bank Corporation, MTB - The Daily Leicester (NYSE:MTB)
thedailyleicester.com - August 25 at 11:25 AM
News IconM&T Bank Corporation (NYSE:MTB) from Regional – Northeast Banks – Todays Top Gains (NYSE:MTB)
twincountynews.com - August 24 at 6:05 PM
publicnow.com logoUpstate NY Businesses Celebrated in M&T Bank’s New “Success Stories” Campaign (NYSE:MTB)
www.publicnow.com - August 23 at 6:29 PM
publicnow.com logoM&T Bank Gives $615,000 in Community Development Grants to New Jersey (NYSE:MTB)
www.publicnow.com - August 22 at 6:18 PM
News IconM&T Bank donates $20K to affordable housing org (PHOTOS) (NYSE:MTB)
www.nj.com - August 19 at 6:13 PM
News IconRegional – Northeast Banks: M&T Bank Corporation (NYSE:MTB) Position of the day (NYSE:MTB)
twincountynews.com - August 19 at 6:13 PM
News IconHow is the Crowd Rating M&T Bank Corporation (NYSE:MTB) Shares? - Post News (NYSE:MTB)
www.kentuckypostnews.com - August 19 at 9:21 AM
News IconIs M&T Bank Corporation(NYSE: MTB), a large market cap stock a smart buy? - The Daily Leicester (NYSE:MTB)
thedailyleicester.com - August 18 at 9:22 AM
thestreet.com logoThese 5 Blue-Chip Stocks Are Breaking Out in August (NYSE:MTB)
www.thestreet.com - August 18 at 9:22 AM
News IconLarge Cap Regional – Northeast Banks: M&T Bank Corporation (NYSE:MTB) (NYSE:MTB)
twincountynews.com - August 17 at 6:30 PM
News IconTop Gainers of the Day: M&T Bank Corporation (NYSE:MTB) from Regional – Northeast Banks (NYSE:MTB)
twincountynews.com - August 16 at 6:25 PM
finance.yahoo.com logoM&T Bank Corporation Announces Third Quarter Common Stock Dividend (NYSE:MTB)
finance.yahoo.com - August 16 at 6:25 PM
finance.yahoo.com logoM&T BANK CORP Financials (NYSE:MTB)
finance.yahoo.com - August 11 at 6:41 PM
fortune.com logoStock to Track: M&T Bank Corporation (NYSE:MTB) - Review Fortune (NYSE:MTB)
reviewfortune.com - August 10 at 9:23 AM
twst.com logoM&T Bank Corporation: M&T Bank Expands ATM Service to Nearly 170 Speedway Stores in New Jersey, New York and Pennsylvania (NYSE:MTB)
www.twst.com - August 9 at 6:33 PM
tradecalls.org logoNuance Investments buys $30,210,153 stake in M&T Bank Corporation (MTB) (NYSE:MTB)
www.tradecalls.org - August 9 at 6:33 PM
tradecalls.org logoNuance Investments buys $30210153 stake in M&T Bank Corporation (MTB) - Trade Calls (NYSE:MTB)
www.tradecalls.org - August 9 at 9:28 AM
News IconIs M&T Bank Corporation (NYSE:MTB), a large market cap stock a smart buy? (NYSE:MTB)
twincountynews.com - August 8 at 6:31 PM
4-traders.com logoM&T Bank : Investing in New Signage across Western New York (NYSE:MTB)
www.4-traders.com - August 8 at 10:58 AM
capitalcube.com logoM&T Bank Corp. breached its 50 day moving average in a Bullish Manner : MTB-US : August 8, 2016 (NYSE:MTB)
www.capitalcube.com - August 8 at 10:58 AM
publicnow.com logoM&T Bank Investing in New Signage across Western New York (NYSE:MTB)
www.publicnow.com - August 8 at 10:58 AM
News IconNew M&T branch opens; Panera to go into former bank site (NYSE:MTB)
www.rbj.net - August 7 at 10:27 AM
reuters.com logoRegons Financial to settle U.S. probe of mortgage practices (NYSE:MTB)
www.reuters.com - August 5 at 6:31 PM
bizjournals.com logoHoward Bank CEO on Ellicott City flooding: 'It is our home' (NYSE:MTB)
www.bizjournals.com - August 5 at 6:31 PM
stocksdaily.net logoM&T Bank Corporation (NYSE:MTB): The Buzzing Stock | Stocks Daily - Stocks Daily (NYSE:MTB)
www.stocksdaily.net - August 5 at 9:24 AM
News IconUpdate on M&T Bank Corporation (NYSE:MTB) for the day (NYSE:MTB)
twincountynews.com - August 4 at 6:40 PM
capitalcube.com logoETF’s with exposure to M&T Bank Corp. : August 4, 2016 (NYSE:MTB)
www.capitalcube.com - August 4 at 6:40 PM
publicnow.com logoM&T Bank Launches New, Improved Website (NYSE:MTB)
www.publicnow.com - August 4 at 6:40 PM
thestreet.com logoHow to Trade These 5 Major Regional Banks Now (NYSE:MTB)
www.thestreet.com - August 4 at 9:28 AM
News IconLeading stocks in today's market: M&T Bank Corporation (NYSE:MTB) - Twin County News (NYSE:MTB)
twincountynews.com - August 3 at 9:37 AM
News IconM&T Bank Corporation (NYSE:MTB) – Top Stock from Financial Sector - The Daily Leicester (NYSE:MTB)
thedailyleicester.com - August 3 at 9:37 AM
tradecalls.org logoSpeece Thorson Capital Group Inc buys $18092855 stake in M&T Bank Corporation (MTB) - Trade Calls (NYSE:MTB)
www.tradecalls.org - August 3 at 9:37 AM
News IconLeading stocks in today’s market: M&T Bank Corporation (NYSE:MTB) (NYSE:MTB)
twincountynews.com - August 2 at 6:37 PM
News IconPeople news: M&T Bank hires Meister for management group, to head Wilmington Trust wealth unit (NYSE:MTB)
www.cnybj.com - July 29 at 9:21 AM
4-traders.com logoM&T Bank : Doris P. Meister Joins M&T Management Group to Head Wilmington Trust Wealth Unit (NYSE:MTB)
www.4-traders.com - July 28 at 6:33 PM
bizjournals.com logoM&T Bank bulks up management group with new Wilmington Trust executive (NYSE:MTB)
www.bizjournals.com - July 28 at 6:33 PM
publicnow.com logoDoris P. Meister Joins M&T Management Group to Head Wilmington Trust Wealth Unit (NYSE:MTB)
www.publicnow.com - July 28 at 10:28 AM
marketnewsvideo.com logoM & T Bank Becomes #191 Most Shorted S&P 500 Component, Replacing Wal-Mart Stores (NYSE:MTB)
www.marketnewsvideo.com - July 28 at 9:33 AM
finance.yahoo.com logoDoris P. Meister joins M&T Management Group, to head Wilmington Trust wealth unit (NYSE:MTB)
finance.yahoo.com - July 28 at 8:00 AM
nasdaq.com logoM&T Bank Corp's Fixed Rate Cumulative Perpetual Preferred Stock, Series C Ex-Dividend Reminder (NYSE:MTB)
www.nasdaq.com - July 26 at 6:37 PM
finance.yahoo.com logoNew Strong Sell Stocks for July 26th (NYSE:MTB)
finance.yahoo.com - July 26 at 8:50 AM
fortune.com logoAnalyst Opinions To Note: M&T Bank Corporation (NYSE:MTB), Fidelity National Information Servcs Inc (NYSE:FIS) - Review Fortune (NYSE:MTB)
reviewfortune.com - July 25 at 6:25 PM
capitalcube.com logoETF’s with exposure to M&T Bank Corp. : July 25, 2016 (NYSE:MTB)
www.capitalcube.com - July 25 at 1:34 PM
seekingalpha.com logoAfter A Long Pause, M&T Bank Results Hint At Hidden Earning Drivers (NYSE:MTB)
seekingalpha.com - July 25 at 10:47 AM
breakingfinancenews.com logoM&T Bank (NYSE:MTB) price target reduced to $105 as disclosed today by FBR Capital (NYSE:MTB)
breakingfinancenews.com - July 24 at 5:51 PM
News IconM&T’s King steps into more-visible role as CFO (NYSE:MTB)
www.buffalonews.com - July 24 at 10:34 AM
News IconEPS Roundup: M&T Bank Corporation (NYSE:MTB), Jones Energy, Inc. (NYSE:JONE), Boardwalk Pipeline Partners ... - Engelwood Daily (NYSE:MTB)
www.engelwooddaily.com - July 22 at 6:10 PM

Social

M&T Bank Corp. (NYSE:MTB) Chart for Sunday, August, 28, 2016


Last Updated on 8/28/2016 by MarketBeat.com Staff