M&T Bank - MTB Stock Forecast, Price & News

15 Wall Street equities 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 equities 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.

15 analysts have issued 12 month target prices for M&T Bank's stock. Their MTB share price forecasts range from $160.00 to $212.00. On average, they anticipate the company's stock price to reach $182.32 in the next twelve months. This suggests a possible upside of 14.7% from the stock's current price.
View analysts price targets for MTB or view top-rated stocks among Wall Street analysts.

M&T Bank's stock was trading at $145.06 at the beginning of the year. Since then, MTB stock has increased by 9.6% and is now trading at $159.02.
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M&T Bank saw a decrease in short interest in 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 trading volume of 1,440,000 shares, the days-to-cover ratio is currently 2.0 days.
View M&T Bank's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 19th 2023.
View our MTB earnings forecast.

M&T Bank Co. (NYSE:MTB) posted its quarterly earnings data on Thursday, January, 19th. The financial services provider reported $4.29 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $4.50 by $0.21. M&T Bank had a trailing twelve-month return on equity of 11.41% and a net margin of 23.15%. During the same quarter in the prior year, the company earned $3.37 EPS.
Read the conference call transcript.

M&T Bank declared a quarterly dividend on Tuesday, November 15th. Shareholders of record on Thursday, December 1st will be paid a dividend of $1.20 per share on Friday, December 30th. This represents a $4.80 annualized dividend and a dividend yield of 3.02%. The ex-dividend date is Wednesday, November 30th.
Read our dividend analysis for MTB.

M&T Bank (NYSE:MTB) pays an annual dividend of $4.80 per share and currently has a dividend yield of 3.08%. 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.

M&T Bank declared that its Board of Directors has initiated a share buyback plan on Tuesday, July 19th 2022, which permits the company to repurchase $3,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to reacquire up to 9.7% of its stock through open market purchases. Stock repurchase plans are usually a sign that the company's board of directors believes its shares are undervalued.

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.

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).

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 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.

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.
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One share of MTB stock can currently be purchased for approximately $159.02.

M&T Bank (NYSE:MTB) has a market capitalization of $27.45 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.

The company employs 17,569 workers across the globe.

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.