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 1.8% and is now trading at $109.21.
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18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for M&T Bank in the last year. There are currently 1 sell rating, 13 hold ratings and 4 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, October 15th 2020.
View our earnings forecast for M&T Bank.

M&T Bank Co. (NYSE:MTB) posted its quarterly earnings results on Thursday, July, 23rd. The financial services provider reported $1.76 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $1.65 by $0.11. The financial services provider earned $1.44 billion during the quarter, compared to the consensus estimate of $1.47 billion. M&T Bank had a net margin of 22.36% and a return on equity of 10.22%. During the same quarter last year, the business posted $3.37 earnings per share.
View M&T Bank's earnings history.

M&T Bank declared a quarterly dividend on Tuesday, May 19th. Shareholders 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 annualized dividend and a yield of 4.03%. The ex-dividend date is Friday, May 29th.
View M&T Bank's dividend history.

18 Wall Street analysts have issued twelve-month target prices for M&T Bank's shares. Their forecasts range from $79.30 to $200.00. On average, they expect M&T Bank's share price to reach $137.25 in the next year. This suggests a possible upside of 25.7% from the stock's current price.
View analysts' price targets for M&T Bank.

News articles about MTB stock have trended somewhat negative recently, according to InfoTrie Sentiment. The research firm identifies negative and positive press coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. M&T Bank earned a news sentiment score of -1.4 on InfoTrie's scale. They also assigned media headlines about the financial services provider a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the stock's share price in the near term.
View the latest news about M&T Bank.

M&T Bank saw a decline in short interest in June. As of June 15th, there was short interest totaling 2,080,000 shares, a decline of 14.4% from the May 31st total of 2,430,000 shares. Based on an average trading volume of 985,500 shares, the days-to-cover ratio is presently 2.1 days. Approximately 1.6% of the company's stock are sold short.
View M&T Bank's Short Interest.

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), SVB Financial Group (SIVB), KeyCorp (KEY), Regions Financial (RF), Huntington Bancshares (HBAN), Commerce Bancshares (CBSH), Signature Bank (SBNY), Zions Bancorporation NA (ZION), East West Bancorp (EWBC), Prosperity Bancshares (PB), Cullen/Frost Bankers (CFR) and First Financial Bankshares (FFIN).
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Based on aggregate information from My MarketBeat watchlists, some companies that other M&T Bank investors own include Verizon Communications (VZ), Merck & Co., Inc. (MRK), AT&T (T), Micron Technology (MU), Intel (INTC), Johnson & Johnson (JNJ), JPMorgan Chase & Co. (JPM), AbbVie (ABBV), Pfizer (PFE) and Walmart (WMT).

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

M&T Bank's stock is owned by many different retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (11.13%), FMR LLC (5.50%), M&T Bank Corp (0.79%), London Co. of Virginia (0.74%), Principal Financial Group Inc. (0.72%) and Bank of New York Mellon Corp (0.70%). 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 Unigestion Holding SA, Vanguard Group Inc., Strs Ohio, Whittier Trust Co., FMR LLC, Jarislowsky Fraser Ltd, Russell Investments Group Ltd., and Envestnet Asset Management Inc.. 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, and Richard S Gold.
View insider buying and selling activity for M&T Bank.

MTB stock was bought by a variety of institutional investors in the last quarter, including Holocene Advisors LP, London Co. of Virginia, Federated Hermes Inc., UBS Group AG, Hexavest Inc., First Trust Advisors LP, Pendal Group Ltd, and Cubist Systematic Strategies LLC.
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 $109.21.

M&T Bank has a market capitalization of $14.01 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]