M&T Bank Stock Price, News & Analysis (NYSE:MTB)

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

M&T Bank announced a quarterly dividend on Tuesday, August 20th. Stockholders of record on Tuesday, September 3rd will be given a dividend of $1.00 per share on Monday, September 30th. This represents a $4.00 dividend on an annualized basis and a dividend yield of 2.52%. The ex-dividend date is Friday, August 30th. View M&T Bank's Dividend History.

M&T Bank announced that its board has authorized a stock repurchase program on Wednesday, February 21st 2018, which authorizes the company to repurchase $745,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase up to 2.8% of its stock through open market purchases. Stock repurchase programs are usually a sign that the company's board of directors believes its shares are undervalued.

M&T Bank Co. (NYSE:MTB) posted its earnings results on Thursday, July, 18th. The financial services provider reported $3.34 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $3.70 by $0.36. The financial services provider had revenue of $1.55 billion for the quarter, compared to analyst estimates of $1.53 billion. M&T Bank had a return on equity of 14.26% and a net margin of 29.81%. During the same quarter in the prior year, the business earned $3.26 EPS. View M&T Bank's Earnings History.

M&T Bank is scheduled to release their next quarterly earnings announcement on Thursday, October 17th 2019. View Earnings Estimates for M&T Bank.

M&T Bank will be holding an earnings conference call on Thursday, October 17th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

13 analysts have issued twelve-month price targets for M&T Bank's stock. Their forecasts range from $155.00 to $206.00. On average, they anticipate M&T Bank's stock price to reach $172.08 in the next year. This suggests a possible upside of 8.4% from the stock's current price. View Analyst Price Targets for M&T Bank.

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for M&T Bank in the last year. There are currently 1 sell rating, 10 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for M&T Bank.

Media headlines about MTB stock have trended very negative recently, according to InfoTrie Sentiment Analysis. The research group identifies positive and negative news coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. M&T Bank earned a coverage optimism score of -3.3 on InfoTrie's scale. They also assigned news headlines about the financial services provider a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the stock's share price in the near future. View News Stories for M&T Bank.

M&T Bank saw a increase in short interest in the month of September. As of September 30th, there was short interest totalling 1,450,000 shares, an increase of 15.1% from the August 30th total of 1,260,000 shares. Based on an average daily trading volume, of 694,600 shares, the short-interest ratio is currently 2.1 days. Approximately 1.1% of the shares of the stock are sold short. View M&T Bank's Current Options Chain.

Some companies that are related to M&T Bank include SBERBANK RUSSIA/S (SBRCY), Itau Unibanco (ITUB), Bank of Nova Scotia (BNS), Banco Bradesco (BBD), BANCO BRADESCO/S (BBDO), Bank of New York Mellon (BK), State Street (STT), Fifth Third Bancorp (FITB), Northern Trust (NTRS), Deutsche Bank (DB), Citizens Financial Group (CFG), SVB Financial Group (SIVB), Commerce Bancshares (CBSH), Signature Bank (SBNY) and East West Bancorp (EWBC).

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), Bank of America (BAC), Verizon Communications (VZ), Hudson City Bancorp (HCBK), Johnson & Johnson (JNJ), JPMorgan Chase & Co. (JPM) and The Coca-Cola (KO).

M&T Bank's stock is owned by a number of of retail and institutional investors. Top institutional investors include Hexavest Inc. (0.16%), Berkshire Asset Management LLC PA (0.12%), Confluence Investment Management LLC (0.10%), LGT Capital Partners LTD. (0.06%), Mountain Pacific Investment Advisers Inc. ID (0.05%) and State of Alaska Department of Revenue (0.03%). Company insiders that own M&T Bank stock include Brian E Hickey, C Angela Bontempo, D Scott N Warman, Darren J King, Denis J Salamone, Doris P Meister, Gary N Geisel, John L Dangelo, Michael J Todaro, Michael R Spychala, Michele D Trolli, Richard H Jr Ledgett, Richard S Gold, Robert E Sadler Jr, Robert J Bojdak, Sabeth Siddique, Wilfried Bernard 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 LGT Capital Partners LTD., Berkshire Asset Management LLC PA, State of Alaska Department of Revenue, Gateway Investment Advisers LLC, Rockland Trust Co., Hennessy Advisors Inc., Mountain Pacific Investment Advisers Inc. ID and SevenBridge Financial Group LLC. Company insiders that have sold M&T Bank company stock in the last year include Brian E Hickey, C Angela Bontempo, Darren J King, Doris P Meister, Gary N Geisel, John L Dangelo, Michael J Todaro, Michele D Trolli, Richard H Jr Ledgett, Robert J Bojdak, Sabeth Siddique and William J Farrell II. View Insider Buying and Selling for M&T Bank.

MTB stock was bought by a variety of institutional investors in the last quarter, including Confluence Investment Management LLC, First Hawaiian Bank, Pacer Advisors Inc., Fox Run Management L.L.C., Wealthfront Advisers LLC and North Star Investment Management Corp.. Company insiders that have bought M&T Bank stock in the last two years include Michael J Todaro and Wilfried Bernard. 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 $158.82.

M&T Bank has a market capitalization of $21.23 billion and generates $6.45 billion in revenue each year. The financial services provider earns $1.92 billion in net income (profit) each year or $12.86 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]