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

M&T Bank's stock was trading at $111.18 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, MTB stock has decreased by 11.6% and is now trading at $98.33. View which stocks have been most impacted by Coronavirus.

19 Wall Street analysts have issued "buy," "hold," and "sell" ratings for M&T Bank in the last year. There are currently 2 sell ratings, 14 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for M&T Bank.

M&T Bank is scheduled to release its next quarterly earnings announcement on Thursday, July 23rd 2020. View our earnings forecast for M&T Bank.

M&T Bank will be holding an earnings conference call on Thursday, July 23rd at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

M&T Bank Co. (NYSE:MTB) announced its quarterly earnings results on Monday, April, 20th. The financial services provider reported $1.93 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $1.55 by $0.38. The financial services provider earned $1.51 billion during the quarter, compared to the consensus estimate of $1.48 billion. M&T Bank had a return on equity of 11.84% and a net margin of 24.99%. During the same quarter in the prior year, the business posted $3.35 earnings per share. View M&T Bank's earnings history.

M&T Bank announced a quarterly dividend on Tuesday, May 19th. Investors of record on Monday, June 1st will be paid a dividend of $1.10 per share on Tuesday, June 30th. This represents a $4.40 dividend on an annualized basis and a yield of 4.47%. The ex-dividend date is Friday, May 29th. View M&T Bank's dividend history.

19 equities research analysts have issued 1-year price targets for M&T Bank's stock. Their forecasts range from $79.30 to $200.00. On average, they anticipate M&T Bank's stock price to reach $140.02 in the next year. This suggests a possible upside of 42.4% from the stock's current price. View analysts' price targets for M&T Bank.

News headlines about MTB stock have trended somewhat positive on Wednesday, according to InfoTrie Sentiment Analysis. The research group scores the sentiment of news coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. M&T Bank earned a news sentiment score of 2.0 on InfoTrie's scale. They also gave 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 company's share price in the near term. View the latest news about M&T Bank.

M&T Bank saw a drop in short interest in the month of June. As of June 30th, there was short interest totaling 2,080,000 shares, a drop of 14.4% from the June 15th total of 2,430,000 shares. Based on an average daily trading volume, of 985,500 shares, the days-to-cover ratio is currently 2.1 days. Approximately 1.6% of the shares of the stock are short sold. View M&T Bank's Current Options Chain.

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

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), Verizon Communications (VZ), JPMorgan Chase & Co. (JPM), Pfizer (PFE), AbbVie (ABBV), Home Depot (HD), Intel (INTC) and Johnson & Johnson (JNJ).

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

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%), Hexavest Inc. (0.08%), State of Alaska Department of Revenue (0.08%), Envestnet Asset Management Inc. (0.04%), LGT Capital Partners LTD. (0.04%) and Mountain Pacific Investment Advisers Inc. ID (0.03%). 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.

MTB stock was sold by a variety of institutional investors in the last quarter, including Whittier Trust Co., Envestnet Asset Management Inc., LGT Capital Partners LTD., Whittier Trust Co. of Nevada Inc., IFM Investors Pty Ltd, Mountain Pacific Investment Advisers Inc. ID, Nexus Investment Management ULC, and Carnegie Capital Asset Management LLC. Company insiders that have sold M&T Bank company stock in the last year include Darren J King, Denis J Salamone, Doris P Meister, John L Dangelo, Richard S Gold, and William J Farrell II. View insider buying and selling activity for M&T Bank.

MTB stock was purchased by a variety of institutional investors in the last quarter, including Hexavest Inc., State of Alaska Department of Revenue, Confluence Investment Management LLC, O Keefe Stevens Advisory Inc., Canandaigua National Corp, Municipal Employees Retirement System of Michigan, DNB Asset Management AS, and Farmers & Merchants Trust Co of Chambersburg PA. View insider buying and selling activity 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 $98.33.

M&T Bank has a market capitalization of $12.61 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.

The official website for M&T Bank is 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]