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

$152.23
+0.12 (+0.08 %)
(As of 10/21/2019 07:16 AM ET)
Today's Range
$151.62
Now: $152.23
$153.39
50-Day Range
$142.23
MA: $153.66
$159.46
52-Week Range
$133.78
Now: $152.23
$176.11
Volume1.01 million shs
Average Volume630,674 shs
Market Capitalization$20.35 billion
P/E Ratio11.84
Dividend Yield2.63%
Beta1.1
M&T Bank Corporation operates as the holding company for Manufacturers and Traders Trust Company; and Wilmington Trust, National Association that provide banking services. The company's Business Banking segment offers deposits, business loans and leases, and credit cards; and cash management, payroll, and letters of credit services to small businesses and professionals. Read More…

Industry, Sector and Symbol

Industry State commercial banks
Sub-IndustryRegional Banks
SectorFinance
CUSIP55261F10
Phone716-635-4000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$6.45 billion
Cash Flow$15.09 per share
Book Value$108.70 per share

Profitability

Net Income$1.92 billion

Miscellaneous

Employees17,267
Market Cap$20.35 billion
Next Earnings Date1/16/2020 (Estimated)
OptionableOptionable

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

What is M&T Bank's stock symbol?

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

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, August 20th. Shareholders 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 yield of 2.63%. The ex-dividend date of this dividend is Friday, August 30th. View M&T Bank's Dividend History.

How will M&T Bank's stock buyback program work?

M&T Bank declared that its board has approved a share buyback program on Wednesday, February 21st 2018, which allows the company to repurchase $745,000,000.00 in shares, according to EventVestor. This repurchase authorization allows 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 leadership believes its stock is undervalued.

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

M&T Bank Co. (NYSE:MTB) posted its quarterly earnings data on Thursday, October, 17th. The financial services provider reported $3.47 EPS for the quarter, missing analysts' consensus estimates of $3.59 by $0.12. The financial services provider earned $1.56 billion during the quarter, compared to analysts' expectations of $1.53 billion. M&T Bank had a net margin of 28.58% and a return on equity of 13.82%. During the same quarter in the previous year, the business earned $3.53 earnings per share. View M&T Bank's Earnings History.

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

M&T Bank is scheduled to release their next quarterly earnings announcement on Thursday, January 16th 2020. View Earnings Estimates for M&T Bank.

What price target have analysts set for MTB?

12 brokers have issued 12 month target prices for M&T Bank's shares. Their predictions range from $150.00 to $200.00. On average, they expect M&T Bank's stock price to reach $169.00 in the next twelve months. This suggests a possible upside of 11.0% from the stock's current price. View Analyst Price Targets for M&T Bank.

What is the consensus analysts' recommendation for M&T Bank?

12 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 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for M&T Bank.

Has M&T Bank been receiving favorable news coverage?

News coverage about MTB stock has been trending somewhat positive recently, according to InfoTrie Sentiment. The research firm ranks the sentiment of media coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. M&T Bank earned a news impact score of 0.8 on InfoTrie's scale. They also gave media stories 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 effect on the company's share price in the next several days. View News Stories for M&T Bank.

Are investors shorting M&T Bank?

M&T Bank saw a increase in short interest during 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 days-to-cover 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.

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

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

Who are M&T Bank's key executives?

M&T Bank's management team includes the folowing people:
  • Mr. René F. Jones CPA, Chairman & CEO (Age 54)
  • Mr. Kevin J. Pearson, Exec. VP & Director (Age 57)
  • Mr. Richard S. Gold, Pres, COO & Director (Age 58)
  • Mr. Darren J. King, Exec. VP & CFO (Age 49)
  • Ms. Doris P. Meister, Exec. VP of Wealth & Institutional Services (Age 63)

Who are M&T Bank's major shareholders?

M&T Bank's stock is owned by a variety 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%), Whittier Trust Co. (0.06%), LGT Capital Partners LTD. (0.06%) and Nisa Investment Advisors LLC (0.05%). 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.

Which major investors are selling M&T Bank stock?

MTB stock was sold by a variety of institutional investors in the last quarter, including Envestnet Asset Management Inc., LGT Capital Partners LTD., Assenagon Asset Management S.A., Robeco Institutional Asset Management B.V., Berkshire Asset Management LLC PA, State of Alaska Department of Revenue, Gateway Investment Advisers LLC and Oakbrook Investments 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.

Which major investors are buying M&T Bank stock?

MTB stock was purchased by a variety of institutional investors in the last quarter, including Meeder Asset Management Inc., Whittier Trust Co., Confluence Investment Management LLC, Whittier Trust Co. of Nevada Inc., First Hawaiian Bank, Pacer Advisors Inc., Fox Run Management L.L.C. and Sumitomo Mitsui DS Asset Management Company Ltd. 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.

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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

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

One share of MTB stock can currently be purchased for approximately $152.23.

How big of a company is M&T Bank?

M&T Bank has a market capitalization of $20.35 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.

What is M&T Bank's official website?

The official website for M&T Bank is http://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 or via email at [email protected]


MarketBeat Community Rating for M&T Bank (NYSE MTB)

Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  150 (Vote Outperform)
Underperform Votes:  185 (Vote Underperform)
Total Votes:  335
MarketBeat's community ratings are surveys of what our community members think about M&T Bank and other stocks. Vote "Outperform" if you believe MTB will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MTB will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 10/21/2019 by MarketBeat.com Staff

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