NYSE:MTB M&T Bank - MTB Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding M&T Bank Co. Please log in to your account or sign up in order to add this asset to your watchlist. $159.91 +2.13 (+1.35%) (As of 02/7/2023 12:58 PM ET) Add Compare Share Share Today's Range$156.90▼$159.9550-Day Range$140.05▼$170.9252-Week Range$138.43▼$193.42Volume427,765 shsAverage Volume1.36 million shsMarket Capitalization$27.60 billionP/E Ratio13.88Dividend Yield3.02%Price Target$182.32 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability M&T Bank MarketRank™ ForecastAnalyst RatingHold2.47 Rating ScoreUpside/Downside14.9% Upside$182.32 Price TargetShort InterestHealthy1.63% of Shares Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-0.42Upright™ Environmental ScoreNews Sentiment0.03Based on 13 Articles This WeekInsider TradingN/AProj. Earnings Growth2.65%From $18.09 to $18.57 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.3.10 out of 5 starsFinance Sector29th out of 850 stocksState Commercial Banks Industry4th out of 177 stocks 3.2 Analyst's Opinion Consensus RatingM&T Bank has received a consensus rating of Hold. The company's average rating score is 2.47, and is based on 7 buy ratings, 8 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $182.32, M&T Bank has a forecasted upside of 14.9% from its current price of $158.65.Amount of Analyst CoverageM&T Bank has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 5.0 Short Interest Percentage of Shares Shorted1.63% of the outstanding shares of M&T Bank have been sold short.Short Interest Ratio / Days to CoverM&T Bank has a short interest ratio ("days to cover") of 2, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in M&T Bank has recently decreased by 27.88%, indicating that investor sentiment is improving significantly. Previous Next 2.5 Dividend Strength Dividend YieldM&T Bank pays a meaningful dividend of 3.02%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthM&T Bank does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of M&T Bank is 41.67%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, M&T Bank will have a dividend payout ratio of 25.85% next year. This indicates that M&T Bank will be able to sustain or increase its dividend. Previous Next 3.6 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreM&T Bank has received a 45.71% net impact score from Upright. The largest positive contribution comes from its "Societal infrastructure" impact, which is mostly driven by its "Retirement saving services", "Home insurance services for individuals", "Commercial deposit accounts", and "Consumer deposit accounts" products. See details.Environmental SustainabilityThe Environmental Impact score for M&T Bank is -0.42. Previous Next 2.2 News and Social Media Coverage News SentimentM&T Bank has a news sentiment score of 0.03. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.55 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 13 news articles for M&T Bank this week, compared to 8 articles on an average week.Search Interest12 people have searched for MTB on MarketBeat in the last 30 days. This is an increase of 140% compared to the previous 30 days.MarketBeat FollowsOnly 5 people have added M&T Bank to their MarketBeat watchlist in the last 30 days. This is a decrease of -29% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, M&T Bank insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.73% of the stock of M&T Bank is held by insiders.Percentage Held by Institutions84.10% of the stock of M&T Bank is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for M&T Bank are expected to grow by 2.65% in the coming year, from $18.09 to $18.57 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of M&T Bank is 13.77, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 137.48.Price to Earnings Ratio vs. SectorThe P/E ratio of M&T Bank is 13.77, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 184.26.Price to Earnings Growth RatioM&T Bank has a PEG Ratio of 0.80. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioM&T Bank has a P/B Ratio of 1.17. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About M&T Bank (NYSE:MTB) StockM&T Bank Corp. operates as a bank holding company, which engages in the provision of retail and commercial banking, trust, wealth management and investment services. It operates through the following segments: Business Banking, Commercial Banking, Commercial Real Estate, Discretionary Portfolio, Residential Mortgage Banking, and Retail Banking. The Business Banking segment provides services to small businesses and professionals through the company's branch network, business banking centers, and other delivery channels such as telephone banking, Internet banking and automated teller machines. The Commercial Banking segment offers credit products and banking services for middle-market and large commercial customers. The Commercial Real Estate segment includes credit and deposit services to its customers. The Discretionary Portfolio segment consists of investment and trading securities, residential mortgage loans and other assets, short-term and long-term borrowed funds, brokered certificates of deposit and interest rate swap agreements related thereto, and Cayman Islands branch deposits. The Residential Mortgage Banking segment consists of residential mortgage loans and sells substanRead More Receive MTB Stock News and Ratings via Email Sign-up to receive the latest news and ratings for M&T Bank and its competitors with MarketBeat's FREE daily newsletter. Email Address MTB Stock News HeadlinesFebruary 7, 2023 | investing.comM&T Bank Corp Preferred Series H (MTB_ph)February 3, 2023 | nasdaq.comState Street Updates Holdings in M & T Bank (MTB)February 7, 2023 | Investing Trends (Ad)Apple, Amazon, and Walmart are Investing in Solar EnergyThe global market for solar energy is expected to be worth an astronomical $1 trillion by the end of 2028, with increasing adoption of solar by commercial, non-profit, and public entities. Even Fortune 500 companies such as Apple, Amazon, and Walmart are investing in solar to help save money over the long term. So it's little wonder solar is also becoming one of the fastest growing sectors in the U.S. stock market.January 30, 2023 | americanbankingnews.comAnalysts Set M&T Bank Co. (NYSE:MTB) Target Price at $182.32January 28, 2023 | americanbankingnews.comQ1 2023 EPS Estimates for M&T Bank Co. Boosted by Analyst (NYSE:MTB)January 25, 2023 | marketwatch.comM&T Bank Corp. stock outperforms market on strong trading dayJanuary 25, 2023 | finance.yahoo.comM&T Bank Corp/'s Board of Directors added new members after People's United acquisitionJanuary 24, 2023 | seekingalpha.comM&T Bank Offers Rate And Operating Leverage, But Execution Is CrucialFebruary 7, 2023 | Investing Trends (Ad)Apple, Amazon, and Walmart are Investing in Solar EnergyThe global market for solar energy is expected to be worth an astronomical $1 trillion by the end of 2028, with increasing adoption of solar by commercial, non-profit, and public entities. Even Fortune 500 companies such as Apple, Amazon, and Walmart are investing in solar to help save money over the long term. So it's little wonder solar is also becoming one of the fastest growing sectors in the U.S. stock market.January 24, 2023 | marketwatch.comM&T Bank Corp. stock underperforms Tuesday when compared to competitors despite daily gainsJanuary 23, 2023 | msn.comCT Attorney General dissatisfied with M&T Bank four months after merger with People’s United Bank. Here’s what he’s doing about it.January 20, 2023 | finance.yahoo.comM&T Bank Corporation (NYSE:MTB) Q4 2022 Earnings Call TranscriptJanuary 20, 2023 | markets.businessinsider.comWedbush Keeps Their Buy Rating on M&T Bank (MTB)January 20, 2023 | finance.yahoo.comM&T celebrates strong year, says growth will continue after People's United mergerJanuary 19, 2023 | msn.comWhy did M&T Bank stock go up today? Strong Q4 earnings and 2023 outlookJanuary 19, 2023 | seekingalpha.comM&T Bank Corporation (MTB) Q4 2022 Earnings Call TranscriptJanuary 19, 2023 | msn.comM&T Bank Q4 earnings increased as loans grow, interest rates riseJanuary 19, 2023 | finance.yahoo.comM&T Bank (MTB) Q4 Earnings Beat Estimates on Higher RevenuesJanuary 19, 2023 | markets.businessinsider.comM&T Bank Corp. Q4 Profit Rises, but misses estimatesJanuary 12, 2023 | msn.comConfirmed! Billy Joel and Stevie Nicks to perform at M&T Bank StadiumJanuary 10, 2023 | msn.comThe Latest Analyst Ratings for M&T BankJanuary 10, 2023 | seekingalpha.comQ4 Bank Earnings Estimates, Analyst Picks, My Favorite, And Least Favorite Big BanksJanuary 6, 2023 | finance.yahoo.comM&T Bank (NYSE:MTB) investors are sitting on a loss of 5.8% if they invested five years agoJanuary 4, 2023 | msn.comNew lease approved to keep Baltimore Ravens in M&T Bank Stadium through 2037 NFL seasonJanuary 4, 2023 | bizjournals.comRavens to stay in Baltimore's M&T Bank Stadium for at least 15 more yearsJanuary 4, 2023 | msn.comMaryland board approves Ravens’ lease extension for at least 15 more seasons at M&T Bank Stadium in BaltimoreJanuary 4, 2023 | msn.comM&T Bank Stadium lights are red, white, and blue to honor Bills player Damar HamlinSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive MTB Stock News and Ratings via Email Sign-up to receive the latest news and ratings for M&T Bank and its competitors with MarketBeat's FREE daily newsletter. Email Address MTB Company Calendar Ex-Dividend for 12/30 Dividend11/30/2022Dividend Payable12/30/2022Last Earnings1/19/2023Today2/07/2023Next Earnings (Estimated)4/19/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry State commercial banks Sub-IndustryRegional Banks SectorFinance Current SymbolNYSE:MTB CUSIP55261F10 CIK36270 Webwww.mtb.com Phone(716) 635-4000Fax716-842-5021Employees17,569Year Founded1856Price Target and Rating Average Stock Price Forecast$182.32 High Stock Price Forecast$212.00 Low Stock Price Forecast$160.00 Forecasted Upside/Downside+14.0%Consensus RatingHold Rating Score (0-4)2.47 Research Coverage15 Analysts Profitability EPS (Most Recent Fiscal Year)$11.52 Trailing P/E Ratio13.88 Forward P/E Ratio8.84 P/E Growth0.8Net Income$1.89 billion Net Margins23.15% Pretax Margin30.35% Return on Equity11.41% Return on Assets1.31% Debt Debt-to-Equity Ratio0.17 Current Ratio0.91 Quick Ratio0.96 Sales & Book Value Annual Sales$8.60 billion Price / Sales3.21 Cash Flow$14.68 per share Price / Cash Flow10.89 Book Value$135.03 per share Price / Book1.18Miscellaneous Outstanding Shares172,610,000Free Float171,353,000Market Cap$27.60 billion OptionableOptionable Beta0.81 Social Links Key ExecutivesRené F. JonesChairman & Chief Executive OfficerRichard S. GoldPresident, Chief Operating Officer & DirectorDarren J. KingChief Financial Officer & Senior Executive VPMichele D. TrolliEVP, Chief Technology & Operations OfficerLaura P. OHaraChief Legal Officer & Senior Executive VPKey CompetitorsFifth Third BancorpNASDAQ:FITBSVB Financial GroupNASDAQ:SIVBFirst Citizens BancSharesNASDAQ:FCNCAEast West BancorpNASDAQ:EWBCSignature BankNASDAQ:SBNYView All CompetitorsInsiders & InstitutionsBrinker Capital Investments LLCSold 563 shares on 2/6/2023Ownership: 0.020%Robinson Value Management Ltd.Bought 66 shares on 2/6/2023Ownership: 0.008%Burney Co.Sold 92 shares on 2/6/2023Ownership: 0.002%Glassman Wealth ServicesSold 68 shares on 2/6/2023Ownership: 0.001%Parallel Advisors LLCSold 238 shares on 2/6/2023Ownership: 0.000%View All Insider TransactionsView All Institutional Transactions MTB Stock - Frequently Asked Questions Should I buy or sell M&T Bank stock right now? 15 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for M&T Bank in the last year. There are currently 8 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" MTB shares. 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 MTB analyst ratings or view top-rated stocks. What is M&T Bank's stock price forecast for 2023? 15 equities research analysts have issued 1 year price targets for M&T Bank's stock. Their MTB share price forecasts range from $160.00 to $212.00. On average, they predict the company's stock price to reach $182.32 in the next year. This suggests a possible upside of 15.6% from the stock's current price. View analysts price targets for MTB or view top-rated stocks among Wall Street analysts. How have MTB shares performed in 2023? M&T Bank's stock was trading at $145.06 at the beginning of 2023. Since then, MTB shares have increased by 8.8% and is now trading at $157.78. View the best growth stocks for 2023 here. Are investors shorting M&T Bank? M&T Bank saw a decrease in short interest in the month of January. As of January 15th, there was short interest totaling 2,820,000 shares, a decrease of 27.9% from the December 31st total of 3,910,000 shares. Based on an average daily trading volume, of 1,440,000 shares, the short-interest ratio is currently 2.0 days. View M&T Bank's Short Interest. When is M&T Bank's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 19th 2023. View our MTB earnings forecast. How were M&T Bank's earnings last quarter? M&T Bank Co. (NYSE:MTB) issued its earnings results on Thursday, January, 19th. The financial services provider reported $4.29 earnings per share for the quarter, missing the consensus estimate of $4.50 by $0.21. M&T Bank had a net margin of 23.15% and a trailing twelve-month return on equity of 11.41%. During the same period in the previous year, the firm earned $3.37 earnings per share. Read the conference call transcript. How often does M&T Bank pay dividends? What is the dividend yield for M&T Bank? M&T Bank announced a quarterly dividend on Tuesday, November 15th. Shareholders of record on Thursday, December 1st will be given a dividend of $1.20 per share on Friday, December 30th. This represents a $4.80 annualized dividend and a yield of 3.04%. The ex-dividend date is Wednesday, November 30th. Read our dividend analysis for MTB. Is M&T Bank a good dividend stock? M&T Bank (NYSE:MTB) pays an annual dividend of $4.80 per share and currently has a dividend yield of 3.02%. The dividend payout ratio is 41.67%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, MTB will have a dividend payout ratio of 25.85% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for MTB. How will M&T Bank's stock buyback program work? M&T Bank announced that its Board of Directors has authorized a stock buyback program on Tuesday, July 19th 2022, which permits the company to buyback $3,000,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to reacquire up to 9.7% of its stock through open market purchases. Stock buyback programs are often an indication that the company's management believes its shares are undervalued. What is Rene F Jones' approval rating as M&T Bank's CEO? 160 employees have rated M&T Bank Chief Executive Officer Rene F Jones on Glassdoor.com. Rene F Jones has an approval rating of 86% among the company's employees. 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 retail and institutional investors. Top institutional investors include Pendal Group Ltd (0.52%), Sumitomo Mitsui Trust Holdings Inc. (0.30%), Bank of Montreal Can (0.22%), LGT Capital Partners LTD. (0.21%), Strs Ohio (0.17%) and Fenimore Asset Management Inc. (0.15%). Insiders that own company stock include Christopher E Kay, D Scott N Warman, Denis J Salamone, Doris P Meister, Edna Jennifer Warren, Gary N Geisel, Kevin J Pearson, Kirk W Walters, Michael J Todaro, Michele D Trolli and Robert J Bojdak. View institutional ownership trends. How do I buy shares of M&T Bank? Shares of MTB stock 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 $157.78. How much money does M&T Bank make? M&T Bank (NYSE:MTB) has a market capitalization of $27.23 billion and generates $8.60 billion in revenue each year. The financial services provider earns $1.89 billion in net income (profit) each year or $11.52 on an earnings per share basis. How many employees does M&T Bank have? The company employs 17,569 workers across the globe. How can I contact M&T Bank? M&T Bank's mailing address is ONE M&T PLAZA, BUFFALO NY, 14203. The official website for the company is www.mtb.com. The financial services provider can be reached via phone at (716) 635-4000, via email at ir@mtb.com, or via fax at 716-842-5021. This page (NYSE:MTB) was last updated on 2/7/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. 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