NYSE:MTB

M&T Bank Stock Forecast, Price & News

$153.89
-1.68 (-1.08 %)
(As of 04/15/2021 12:00 AM ET)
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Today's Range
$151.03
Now: $153.89
$155.59
50-Day Range
$146.57
MA: $153.97
$162.13
52-Week Range
$85.09
Now: $153.89
$164.72
Volume1.28 million shs
Average Volume934,891 shs
Market Capitalization$19.80 billion
P/E Ratio15.36
Dividend Yield2.83%
Beta1.23
M&T Bank Corporation operates as a bank holding company that provides commercial and retail 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 deposit products, commercial lending and leasing, letters of credit, and cash management services for middle-market and large commercial customers. The company's Commercial Real Estate segment originates, sells, and services commercial real estate loans; and offers deposit services. Its Discretionary Portfolio segment provides deposits; securities, residential real estate loans, and other assets; and short and long term borrowed funds, as well as foreign exchange services. The company's Residential Mortgage Banking segment offers 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 finance loans, home equity loans and lines of credit, and credit cards; mutual funds and annuities; and other services. The company also provides trust and wealth management; fiduciary and custodial; investment management; and insurance agency services. It offers its services through banking offices, business banking centers, telephone and Internet banking, mobile banking, and automated teller machines. As of December 31, 2020, the company operates 716 domestic banking offices in New York State, Maryland, New Jersey, Pennsylvania, Delaware, Connecticut, Virginia, West Virginia, and the District of Columbia; a full-service commercial banking office in Ontario, Canada; and an office in George Town, Cayman Islands. M&T Bank Corporation was founded in 1856 and is headquartered in Buffalo, New York.
M&T Bank logo

Industry, Sector and Symbol

Industry State commercial banks
Sub-IndustryRegional Banks
SectorFinance
CUSIP55261F10
Phone716-635-4000
Employees16,718
Year Founded1856

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$6.94 billion
Cash Flow$17.73 per share
Book Value$109.63 per share

Profitability

Net Income$1.93 billion

Miscellaneous

Market Cap$19.80 billion
Next Earnings Date4/19/2021 (Confirmed)
OptionableOptionable

Headlines

M&T Bank, Capital Bank name new hires
April 13, 2021 |  bizjournals.com
$2.96 EPS Expected for M&T Bank Co. (NYSE:MTB) This Quarter
April 12, 2021 |  americanbankingnews.com
Is MTB Stock A Buy or Sell?
April 8, 2021 |  finance.yahoo.com
M&T Bank (NYSE:MTB) Price Target Raised to $167.00
April 7, 2021 |  americanbankingnews.com
Mars Bancorp: A Good Year For A Solid Bank
April 2, 2021 |  seekingalpha.com
See More Headlines

MarketRank

Overall MarketRank

2.18 out of 5 stars

Finance Sector

93rd out of 1,955 stocks

State Commercial Banks Industry

17th out of 310 stocks

Analyst Opinion: 2.1Community Rank: 2.1Dividend Strength: 2.5Insider Behavior: 1.7Valuation: 2.5 5 -4 -3 -2 -1 -
$153.89
-1.68 (-1.08 %)
(As of 04/15/2021 12:00 AM ET)
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M&T Bank (NYSE:MTB) Frequently Asked Questions

Is M&T Bank a buy right now?

12 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for M&T Bank in the last year. There are currently 1 sell rating, 7 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" M&T Bank stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in MTB, but not buy additional shares or sell existing shares.
View analyst ratings for M&T Bank
or view top-rated stocks.

What stocks does MarketBeat like better than M&T Bank?

Wall Street analysts have given M&T Bank a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but M&T Bank wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

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

M&T Bank is scheduled to release its next quarterly earnings announcement on Monday, April 19th 2021.
View our earnings forecast 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 Monday, April 19th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

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

M&T Bank Co. (NYSE:MTB) posted its quarterly earnings results on Wednesday, January, 20th. The financial services provider reported $3.52 EPS for the quarter, topping the Zacks' consensus estimate of $3.03 by $0.49. The financial services provider earned $1.54 billion during the quarter, compared to analyst estimates of $1.46 billion. M&T Bank had a trailing twelve-month return on equity of 9.45% and a net margin of 21.49%. During the same period in the prior year, the business earned $3.60 earnings per share.
View M&T Bank's earnings history
.

How has M&T Bank's stock been impacted by COVID-19?

M&T Bank's stock was trading at $111.18 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, MTB shares have increased by 38.4% and is now trading at $153.89.
View which stocks have been most impacted by COVID-19
.

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 Wednesday, February 17th. Shareholders of record on Monday, March 1st will be paid a dividend of $1.10 per share on Wednesday, March 31st. This represents a $4.40 dividend on an annualized basis and a yield of 2.86%. The ex-dividend date of this dividend is Friday, February 26th.
View M&T Bank's dividend history
.

Is M&T Bank a good dividend stock?

M&T Bank pays an annual dividend of $4.40 per share and currently has a dividend yield of 2.83%. M&T Bank does not yet have a strock track record of dividend growth. The dividend payout ratio of M&T Bank is 32.00%. 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 41.20% 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 announced that its board has initiated a share repurchase plan on Wednesday, January 20th 2021, which authorizes the company to buyback $800,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to purchase up to 4.3% of its stock through open market purchases. Stock buyback plans are generally a sign that the company's management believes its shares are undervalued.

What price target have analysts set for MTB?

12 Wall Street analysts have issued twelve-month price targets for M&T Bank's stock. Their forecasts range from $107.00 to $175.00. On average, they expect M&T Bank's share price to reach $139.40 in the next year. This suggests that the stock has a possible downside of 9.4%.
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 56, Pay $1.92M) (LinkedIn Profile)
  • Mr. Richard S. Gold, Pres, COO & Director (Age 60, Pay $1.46M) (LinkedIn Profile)
  • Mr. Darren J. King, Exec. VP & CFO (Age 51, Pay $1.31M)
  • Mr. Kevin J. Pearson, Vice Chairman & Director (Age 59, Pay $1.46M)
  • Ms. Doris Powers Meister, Exec. VP of Wealth & Institutional Services (Age 65, Pay $1.24M) (LinkedIn Profile)
  • Mr. Michael R. Spychala, Sr. VP, Controller & Principal Accounting Officer (LinkedIn Profile)
  • Ms. Michele D. Trolli, Exec. VP and Chief Technology & Operations Officer (Age 59) (LinkedIn Profile)
  • Mr. Donald J. MacLeod, Admin. VP, Assistant Sec. & Director of IR
  • Ms. Marianne E. Roche, Chief Regulatory Counsel & Enterprise Compliance Risk Mang.
  • Ms. Laura P. O'Hara, Exec. VP & Gen. Counsel

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?

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 number of retail and institutional investors. Top institutional investors include Huntington National Bank (0.15%), Confluence Investment Management LLC (0.12%), State of Alaska Department of Revenue (0.06%), Hexavest Inc. (0.04%), Royal London Asset Management Ltd. (0.04%) and Retirement Systems of Alabama (0.04%). Company insiders that own M&T Bank stock include Brian E Hickey, C Angela Bontempo, Darren J King, Denis J Salamone, Doris P Meister, John L Dangelo, Michael J Todaro, Richard S Gold, Robert J Bojdak and William J Farrell II.
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 Hexavest Inc., State of Alaska Department of Revenue, Retirement Systems of Alabama, Mountain Pacific Investment Advisers Inc. ID, Crossmark Global Holdings Inc., Pacer Advisors Inc., Gateway Investment Advisers LLC, and Collective Family Office LLC. Company insiders that have sold M&T Bank company stock in the last year include Denis J Salamone, and Doris P Meister.
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 bought by a variety of institutional investors in the last quarter, including Huntington National Bank, DnB Asset Management AS, Everence Capital Management Inc., Royal London Asset Management Ltd., Confluence Investment Management LLC, Domani Wealth LLC, Buffington Mohr McNeal, and Calamos Advisors LLC.
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 $153.89.

How much money does M&T Bank make?

M&T Bank has a market capitalization of $19.80 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.

How many employees does M&T Bank have?

M&T Bank employs 16,718 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.

Where are M&T Bank's headquarters?

M&T Bank is headquartered at ONE M&T PLAZA, BUFFALO NY, 14203.

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]


This page was last updated on 4/16/2021 by MarketBeat.com Staff
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