NYSE:MTBM&T Bank Stock Price, Forecast & News

$107.64

+4.02 (+3.88 %)

(As of 04/9/2020 07:07 AM ET)

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Today's Range

$103.15

Now: $107.64▼

$108.12

50-Day Range

$88.10

MA: $123.04▼

$169.78

52-Week Range

$87.64

Now: $107.64▼

$174.93

Volume671,559 shs

Average Volume1.32 million shs

Market Capitalization$13.99 billion

P/E Ratio7.82

Dividend Yield4.25%

Beta1.34

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. Its Commercial Banking segment provides credit and banking services for middle-market and large commercial customers. The company's Commercial Real Estate segment offers multifamily residential and commercial real estate credit, and 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; demand, savings; and time accounts; 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, 2018, the company had 750 domestic banking offices in New York State, Maryland, New Jersey, Pennsylvania, Delaware, Connecticut, Virginia, and the District of Columbia; a full-service commercial banking office in Ontario, and Canada; and an office in George Town, Cayman Islands. M&T Bank Corporation was founded in 1856 and is headquartered in Buffalo, New York.

Beat the Market (BTM) Rank^™

4.1 Analyst's Opinion

Consensus Rating
M&T Bank has received a consensus rating of Hold. The company's average rating score is 2.18, and is based on 4 buy ratings, 12 hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $151.13, M&T Bank has a potential upside of 40.4% from its current price of $107.64.
Amount of Analyst Coverage
M&T Bank has been the subject of 10 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.2 Community Rank

Outperform Votes
M&T Bank has received 190 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
M&T Bank has received 243 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
M&T Bank has received 56.12% “underperform” votes from our community.

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.

3.3 Dividend Strength

Dividend Leadership
M&T Bank is a leading dividend payer. It pays a dividend yield of 4.25%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
M&T Bank has only been increasing its dividend for 3 years.
Dividend Coverage
The dividend payout ratio of M&T Bank is 32.00 %. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, M&T Bank will have a dividend payout ratio of 35.00 % next year. This indicates that M&T Bank will be able to sustain or increase its dividend.

1.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, M&T Bank insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $17,018.00 in company stock.
Percentage Held by Insiders
Only 0.58% of the stock of M&T Bank is held by insiders.
Percentage Held by Institutions
82.71% 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.

2.5 Earnings and Valuation

Earnings Growth
Earnings for M&T Bank are expected to grow by 7.34% in the coming year, from $11.71 to $12.57 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of M&T Bank is 7.82, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 11.70.
Price to Earnings Ratio vs. Sector
The P/E ratio of M&T Bank is 7.82, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 11.23.
Price to Earnings Growth Ratio
M&T Bank has a PEG Ratio of 3.15. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
M&T Bank has a P/B Ratio of 0.98. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.62 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NYSE

Industry State commercial banks

Sub-IndustryRegional Banks

SectorFinance

Current SymbolNYSE:MTB

Previous Symbol

CUSIP55261F10

CIK36270

Webhttp://www.mtb.com/

Phone716-635-4000

Debt

Debt-to-Equity Ratio0.48

Current Ratio1.08

Quick Ratio1.08

Price-To-Earnings

Trailing P/E Ratio7.82

Forward P/E Ratio9.19

P/E Growth3.15

Sales & Book Value

Annual Sales$6.94 billion

Price / Sales2.02

Cash Flow$17.56 per share

Price / Cash Flow6.13

Book Value$109.63 per share

Price / Book0.98

Profitability

EPS (Most Recent Fiscal Year)$13.75

Net Income$1.93 billion

Net Margins27.79%

Return on Equity13.37%

Return on Assets1.59%

Miscellaneous

Employees17,773

Outstanding Shares129,950,000

Market Cap$13.99 billion

Next Earnings Date4/20/2020 (Confirmed)

OptionableOptionable

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

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

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 stock has decreased by 3.2% and is now trading at $107.64. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of M&T Bank?

17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for M&T Bank in the last year. There are currently 1 sell rating, 12 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for M&T Bank.

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

M&T Bank is scheduled to release its next quarterly earnings announcement on Monday, April 20th 2020. 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 20th 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 data on Thursday, January, 23rd. The financial services provider reported $3.60 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.47 by $0.13. The financial services provider had revenue of $1.53 billion for the quarter, compared to the consensus estimate of $1.52 billion. M&T Bank had a return on equity of 13.37% and a net margin of 27.79%. During the same quarter in the prior year, the firm earned $3.79 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 announced a quarterly dividend on Wednesday, February 19th. Shareholders of record on Monday, March 2nd will be given a dividend of $1.10 per share on Tuesday, March 31st. This represents a $4.40 annualized dividend and a dividend yield of 4.09%. The ex-dividend date is Friday, February 28th. View M&T Bank's dividend history.

What price target have analysts set for MTB?

17 Wall Street analysts have issued 1-year target prices for M&T Bank's stock. Their forecasts range from $98.00 to $200.00. On average, they expect M&T Bank's share price to reach $151.13 in the next twelve months. This suggests a possible upside of 40.4% from the stock's current price. View analysts' price targets for M&T Bank.

Has M&T Bank been receiving favorable news coverage?

Media stories about MTB stock have trended very negative recently, InfoTrie reports. InfoTrie scores the sentiment of news coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. M&T Bank earned a news sentiment score of -3.3 on InfoTrie's scale. They also assigned media coverage about the financial services provider a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the company's share price in the next several days. View the latest news aboutM&T Bank.

Are investors shorting M&T Bank?

M&T Bank saw a increase in short interest in the month of March. As of March 13th, there was short interest totaling 2,530,900 shares, an increase of 13.0% from the February 27th total of 2,240,000 shares. Based on an average daily volume of 731,600 shares, the short-interest ratio is currently 3.5 days. Currently, 2.0% of the shares of the company are sold short. View M&T Bank's Current Options Chain.

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

Some companies that are related to M&T Bank include Truist Financial (TFC), PNC Financial Services Group (PNC), SunTrust Banks (STI), First Republic Bank (FRC), Fifth Third Bancorp (FITB), KeyCorp (KEY), Regions Financial (RF), Huntington Bancshares (HBAN), SVB Financial Group (SIVB), Commerce Bancshares (CBSH), Zions Bancorporation NA (ZION), Prosperity Bancshares (PB), Signature Bank (SBNY), East West Bancorp (EWBC) and TCF Financial (TCF).

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 Micron Technology (MU), Merck & Co., Inc. (MRK), Nucor (NUE), Verizon Communications (VZ), AT&T (T), Johnson & Johnson (JNJ), Valley National Bancorp (VLY), Home Depot (HD), Bank of America (BAC) and Pfizer (PFE).

Who are M&T Bank's key executives?

M&T Bank's management team includes the following 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)

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 shareholders include Confluence Investment Management LLC (0.11%), LGT Capital Partners LTD. (0.06%), State of Alaska Department of Revenue (0.04%), Mountain Pacific Investment Advisers Inc. ID (0.03%), IFM Investors Pty Ltd (0.01%) and IBM Retirement Fund (0.00%). Company insiders that own M&T Bank stock include Brian E Hickey, C Angela Bontempo, Darren J King, Denis J Salamone, Doris P Meister, Gary N Geisel, John L Dangelo, Michael J Todaro, Michele D Trolli, Richard H Jr Ledgett, Richard S Gold, Robert J Bojdak, Sabeth Siddique and William J Farrell II. View institutional ownership trends for M&T Bank.

Which institutional investors are selling M&T Bank stock?

MTB stock was sold by a variety of institutional investors in the last quarter, including Mountain Pacific Investment Advisers Inc. ID, and IFM Investors Pty Ltd. Company insiders that have sold M&T Bank company stock in the last year include Brian E Hickey, C Angela Bontempo, Darren J King, Denis J Salamone, Doris P Meister, John L Dangelo, Richard S Gold, Robert J Bojdak, and William J Farrell II. View insider buying and selling activity for M&T Bank.

Which institutional investors are buying M&T Bank stock?

MTB stock was acquired by a variety of institutional investors in the last quarter, including LGT Capital Partners LTD., Confluence Investment Management LLC, State of Alaska Department of Revenue, and IBM Retirement Fund. View insider buying and selling activity 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 $107.64.

How big of a company is M&T Bank?

M&T Bank has a market capitalization of $13.99 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. M&T Bank employs 17,773 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]

This page was last updated on 4/9/2020 by MarketBeat.com Staff

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NYSE:MTBM&T Bank Stock Price, Forecast & News

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Beat the Market (BTM) Rank™

4.1 Analyst's Opinion

Consensus Rating

Price Target Upside/Downside

Amount of Analyst Coverage

2.2 Community Rank

Outperform Votes

Underperform Votes

Community Sentiment