M&T Bank Stock Forecast, Price & News

M&T Bank's stock was trading at $111.18 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, MTB stock has decreased by 16.4% and is now trading at $92.92.
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18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for M&T Bank in the last year. There are currently 14 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold."
View analyst ratings for M&T Bank.

M&T Bank is scheduled to release its next quarterly earnings announcement on Thursday, October 22nd 2020.
View our earnings forecast for M&T Bank.

M&T Bank will be holding an earnings conference call on Thursday, October 22nd at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

M&T Bank Co. (NYSE:MTB) announced its quarterly earnings results on Thursday, July, 23rd. The financial services provider reported $1.76 earnings per share for the quarter, topping analysts' consensus estimates of $1.65 by $0.11. The financial services provider earned $1.44 billion during the quarter, compared to the consensus estimate of $1.47 billion. M&T Bank had a return on equity of 10.22% and a net margin of 22.36%. During the same period in the previous year, the firm earned $3.37 EPS.
View M&T Bank's earnings history.

M&T Bank announced a quarterly dividend on Tuesday, August 18th. Stockholders of record on Tuesday, September 1st will be paid a dividend of $1.10 per share on Wednesday, September 30th. This represents a $4.40 annualized dividend and a dividend yield of 4.74%. The ex-dividend date is Monday, August 31st.
View M&T Bank's dividend history.

18 brokers have issued 1-year target prices for M&T Bank's shares. Their forecasts range from $107.00 to $200.00. On average, they expect M&T Bank's stock price to reach $139.12 in the next twelve months. This suggests a possible upside of 49.7% from the stock's current price.
View analysts' price targets for M&T Bank.

M&T Bank saw a increase in short interest in the month of August. As of August 31st, there was short interest totaling 2,420,000 shares, an increase of 18.0% from the August 15th total of 2,050,000 shares. Based on an average daily trading volume, of 818,600 shares, the short-interest ratio is currently 3.0 days. Approximately 1.9% of the company's shares are sold short.
View M&T Bank's Short Interest.

Some companies that are related to M&T Bank include Truist Financial (TFC), PNC Financial Services Group (PNC), First Republic Bank (FRC), Fifth Third Bancorp (FITB), SVB Financial Group (SIVB), KeyCorp (KEY), Regions Financial (RF), Huntington Bancshares (HBAN), Commerce Bancshares (CBSH), Zions Bancorporation NA (ZION), Prosperity Bancshares (PB), Signature Bank (SBNY), East West Bancorp (EWBC), Cullen/Frost Bankers (CFR) and First Financial Bankshares (FFIN).
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Based on aggregate information from My MarketBeat watchlists, some companies that other M&T Bank investors own include Verizon Communications (VZ), Merck & Co., Inc. (MRK), AT&T (T), Micron Technology (MU), Intel (INTC), Johnson & Johnson (JNJ), JPMorgan Chase & Co. (JPM), AbbVie (ABBV), Pfizer (PFE) and Walmart (WMT).

M&T Bank trades on the New York Stock Exchange (NYSE) under the ticker symbol "MTB."

M&T Bank's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (11.13%), FMR LLC (5.50%), Charles Schwab Investment Management Inc. (1.20%), M&T Bank Corp (0.79%), London Co. of Virginia (0.74%) and Principal Financial Group Inc. (0.72%). Company insiders that own M&T Bank stock 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 institutional ownership trends for M&T Bank.

MTB stock was sold by a variety of institutional investors in the last quarter, including Unigestion Holding SA, Vanguard Group Inc., Jacobs Levy Equity Management Inc., Strs Ohio, Whittier Trust Co., FMR LLC, Jarislowsky Fraser Ltd, and Russell Investments Group Ltd.. Company insiders that have sold M&T Bank company stock in the last year include Darren J King, Denis J Salamone, Doris P Meister, and Richard S Gold.
View insider buying and selling activity for M&T Bank.

MTB stock was purchased by a variety of institutional investors in the last quarter, including Charles Schwab Investment Management Inc., Holocene Advisors LP, London Co. of Virginia, Federated Hermes Inc., UBS Group AG, Hexavest Inc., First Trust Advisors LP, and Pendal Group Ltd.
View insider buying and selling activity for 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.

One share of MTB stock can currently be purchased for approximately $92.92.

M&T Bank has a market capitalization of $11.92 billion and generates $6.94 billion in revenue each year. The financial services provider earns $1.93 billion in net income (profit) each year or $13.75 on an earnings per share basis. M&T Bank employs 17,773 workers across the globe.

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

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]