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

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

M&T Bank announced a quarterly dividend on Wednesday, February 19th. Stockholders of record on Monday, March 2nd will be given a dividend of $1.10 per share on Tuesday, March 31st. This represents a $4.40 annualized dividend and a dividend yield of 2.87%. The ex-dividend date of this dividend is Friday, February 28th. View M&T Bank's Dividend History.

M&T Bank Co. (NYSE:MTB) released its quarterly earnings data on Thursday, January, 23rd. The financial services provider reported $3.60 EPS for the quarter, topping the Zacks' consensus estimate of $3.47 by $0.13. The financial services provider earned $1.53 billion during the quarter, compared to analysts' expectations of $1.52 billion. M&T Bank had a return on equity of 13.37% and a net margin of 27.79%. During the same period in the prior year, the firm posted $3.79 earnings per share. View M&T Bank's Earnings History.

M&T Bank is scheduled to release their next quarterly earnings announcement on Monday, April 20th 2020. View Earnings Estimates for M&T Bank.

15 brokers have issued 12 month target prices for M&T Bank's shares. Their forecasts range from $158.00 to $200.00. On average, they expect M&T Bank's stock price to reach $173.15 in the next twelve months. This suggests a possible upside of 12.8% from the stock's current price. View Analyst Price Targets 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, 11 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for M&T Bank.

News headlines about MTB stock have trended extremely negative this week, according to InfoTrie Sentiment. The research firm identifies positive and negative media coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. M&T Bank earned a news impact score of -4.9 on InfoTrie's scale. They also gave media headlines about the financial services provider a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the company's share price in the immediate future. View News Stories for M&T Bank.

Some companies that are related to M&T Bank include PNC Financial Services Group (PNC), Truist Financial (TFC), SunTrust Banks (STI), Fifth Third Bancorp (FITB), First Republic Bank (FRC), KeyCorp (KEY), Regions Financial (RF), Huntington Bancshares (HBAN), SVB Financial Group (SIVB), Signature Bank (SBNY), Commerce Bancshares (CBSH), Zions Bancorporation NA (ZION), East West Bancorp (EWBC), TCF Financial (TCF) and Cullen/Frost Bankers (CFR).

Based on aggregate information from My MarketBeat watchlists, some companies that other M&T Bank investors own include Micron Technology (MU), Nucor (NUE), Merck & Co., Inc. (MRK), Valley National Bancorp (VLY), Verizon Communications (VZ), Bank of America (BAC), Johnson & Johnson (JNJ), The Coca-Cola (KO), Pfizer (PFE) and JPMorgan Chase & Co. (JPM).

M&T Bank's stock is owned by many different of institutional and retail investors. Top institutional shareholders include State Street Corp (4.72%), FMR LLC (4.72%), Geode Capital Management LLC (1.65%), Goldman Sachs Group Inc. (0.80%), M&T Bank Corp (0.79%) and Principal Financial Group Inc. (0.70%). 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 E Sadler Jr, 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 PGGM Investments, Hexavest Inc., Janus Henderson Group PLC, PNC Financial Services Group Inc., Bank of New York Mellon Corp, Alliancebernstein L.P., Acadian Asset Management LLC and Goldman Sachs Group Inc.. 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, Michele D Trolli, Richard S Gold, Robert J Bojdak and William J Farrell II. View Insider Buying and Selling for M&T Bank.

MTB stock was purchased by a variety of institutional investors in the last quarter, including Pendal Group Ltd, M&G Investment Management Ltd., Anchor Capital Advisors LLC, AQR Capital Management LLC, FMR LLC, Loomis Sayles & Co. L P, Strycker View Capital LLC and Strs Ohio. View Insider Buying and Selling 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 $153.46.

M&T Bank has a market capitalization of $20.02 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 17,267 workers across the globe.View Additional Information About M&T Bank.

The official website for M&T Bank is http://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]