M&T Bank (MTB) Stock Forecast, Price & News

M&T Bank (NYSE:MTB) Frequently Asked Questions

Is M&T Bank a buy right now?

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for M&T Bank in the last year. There are currently 6 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" M&T Bank stock.
View analyst ratings for M&T Bank or view top-rated stocks.

Are investors shorting M&T Bank?

M&T Bank saw a decrease in short interest in April. As of April 30th, there was short interest totaling 2,810,000 shares, a decrease of 18.3% from the April 15th total of 3,440,000 shares. Based on an average trading volume of 1,640,000 shares, the short-interest ratio is currently 1.7 days.
View M&T Bank's Short Interest.

When is M&T Bank's next earnings date?

M&T Bank is scheduled to release its next quarterly earnings announcement on Wednesday, July 20th 2022.
View our earnings forecast for M&T Bank.

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

M&T Bank Co. (NYSE:MTB) announced its quarterly earnings data on Wednesday, April, 20th. The financial services provider reported $2.62 EPS for the quarter, beating the consensus estimate of $2.38 by $0.24. M&T Bank had a trailing twelve-month return on equity of 11.45% and a net margin of 29.31%. During the same period in the prior year, the company earned $3.41 earnings per share.
View M&T Bank's earnings history.

How often does M&T Bank pay dividends? What is the dividend yield for M&T Bank?

M&T Bank declared a quarterly dividend on Tuesday, May 17th. Stockholders of record on Wednesday, June 1st will be given a dividend of $1.20 per share on Thursday, June 30th. This represents a $4.80 dividend on an annualized basis and a dividend yield of 2.84%. The ex-dividend date of this dividend is Tuesday, May 31st.
View M&T Bank's dividend history.

Is M&T Bank a good dividend stock?

M&T Bank pays an annual dividend of $4.80 per share and currently has a dividend yield of 2.95%. M&T Bank does not yet have a strong track record of dividend growth. The dividend payout ratio of M&T Bank is 36.67%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, M&T Bank will have a dividend payout ratio of 28.93% next year. This indicates that M&T Bank will be able to sustain or increase its dividend.
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 authorized a share buyback plan on Tuesday, February 22nd 2022, which allows the company to repurchase $800,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to buy up to 3.4% of its shares through open market purchases. Shares repurchase plans are typically an indication that the company's board of directors believes its shares are undervalued.

What price target have analysts set for MTB?

12 analysts have issued 12 month target prices for M&T Bank's shares. Their forecasts range from $128.68 to $238.00. On average, they expect M&T Bank's stock price to reach $194.81 in the next twelve months. This suggests a possible upside of 15.1% from the stock's current price.
View analysts' price targets for M&T Bank or view top-rated stocks among Wall Street analysts.

Who are M&T Bank's key executives?

M&T Bank's management team includes the following people:

• Mr. Rene F. Jones CPA, Chairman & CEO (Age 57, Pay $2.62M)
• Mr. Richard S. Gold, Pres, COO & Director (Age 61, Pay $1.83M)
• Mr. Darren J. King, Sr. EVP & CFO (Age 52, Pay $1.59M)
• Mr. Kevin J. Pearson, Vice Chairman & Director (Age 60, Pay $1.83M) (LinkedIn Profile)
• Ms. Doris Powers Meister, Exec. VP of Wealth & Institutional Services (Age 66, Pay $1.61M)
• Mr. Michael R. Spychala, Sr. VP, Controller & Principal Accounting Officer
• Mr. Brian Paul Klock, Sr. VP and Head of Markets & Investor Relations
• Ms. Marianne E. Roche, Chief Regulatory Counsel & Enterprise Compliance Risk Mang.
• Ms. Laura P. O'Hara, Sr. EVP & Gen. Counsel
• Mr. Francesco Lagutaine, Sr. VP and Chief Marketing & Communications Officer

What is Rene F Jones' approval rating as M&T Bank's CEO?

160 employees have rated M&T Bank CEO Rene F Jones on Glassdoor.com. Rene F Jones has an approval rating of 86% among M&T Bank's employees.

Who are some of M&T Bank's key competitors?

Some companies that are related to M&T Bank include The PNC Financial Services Group (PNC), Truist Financial (TFC), First Republic Bank (FRC), SVB Financial Group (SIVB), Fifth Third Bancorp (FITB), Regions Financial (RF), Huntington Bancshares (HBAN), KeyCorp (KEY), First Horizon (FHN), Signature Bank (SBNY), First Citizens BancShares (FCNCA), East West Bancorp (EWBC), Webster Financial (WBS), Western Alliance Bancorporation (WAL) and Zions Bancorporation, National Association (ZION).
View all of MTB's competitors.

What other stocks do shareholders of M&T Bank own?

Based on aggregate information from My MarketBeat watchlists, some companies that other M&T Bank investors own include AT&T (T), Verizon Communications (VZ), Johnson & Johnson (JNJ), Intel (INTC), JPMorgan Chase & Co. (JPM), Merck & Co., Inc. (MRK), Micron Technology (MU), AbbVie (ABBV), Walmart (WMT) and Pfizer (PFE).

What is M&T Bank's stock symbol?

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

Who are M&T Bank's major shareholders?

M&T Bank's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (11.32%), BlackRock Inc. (8.75%), Wellington Management Group LLP (6.67%), State Street Corp (5.56%), Capital World Investors (3.23%) and JPMorgan Chase & Co. (3.61%). Company insiders that own M&T Bank stock include D Scott N Warman, Denis J Salamone, Doris P Meister, Kevin J Pearson, Michele D Trolli and Robert J Bojdak.
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 American Century Companies Inc., Los Angeles Capital Management LLC, State Street Corp, JPMorgan Chase & Co., Verition Fund Management LLC, Bank of Montreal Can, NN Investment Partners Holdings N.V., and Covea Finance. Company insiders that have sold M&T Bank company stock in the last year include D Scott N Warman, Kevin J Pearson, and Robert J Bojdak.
View insider buying and selling activity for M&T Bank or view top insider-selling stocks.

Which major investors are buying M&T Bank stock?

MTB stock was purchased by a variety of institutional investors in the last quarter, including Capital World Investors, BlackRock Inc., Wellington Management Group LLP, Invesco Ltd., Royal Bank of Canada, Select Equity Group L.P., Vanguard Group Inc., and LGT Capital Partners LTD..
View insider buying and selling activity for M&T Bank or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is M&T Bank's stock price today?

One share of MTB stock can currently be purchased for approximately $169.22.

How much money does M&T Bank make?

M&T Bank has a market capitalization of $30.36 billion and generates $6.11 billion in revenue each year. The financial services provider earns $1.86 billion in net income (profit) each year or $13.09 on an earnings per share basis.

How many employees does M&T Bank have?

M&T Bank employs 17,569 workers across the globe.

When was M&T Bank founded?

M&T Bank was founded in 1856.

What is M&T Bank's official website?

The official website for M&T Bank is 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, via email at [email protected], or via fax at 716-842-5021.