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

$163.03
-0.92 (-0.56 %)
(As of 01/21/2020 04:03 AM ET)
Today's Range
$162.75
Now: $163.03
$164.72
50-Day Range
$161.80
MA: $167.49
$172.36
52-Week Range
$141.50
Now: $163.03
$176.11
Volume755,015 shs
Average Volume383,937 shs
Market Capitalization$21.51 billion
P/E Ratio11.71
Dividend Yield2.70%
Beta1.11
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. Read More…

Industry, Sector and Symbol

Industry State commercial banks
Sub-IndustryRegional Banks
SectorFinance
CUSIP55261F10
Phone716-635-4000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$6.45 billion
Cash Flow$15.07 per share
Book Value$101.37 per share

Profitability

Net Income$1.92 billion

Miscellaneous

Employees17,267
Market Cap$21.51 billion
Next Earnings Date1/23/2020 (Confirmed)
OptionableOptionable

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

What is M&T Bank's stock symbol?

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

How often does M&T Bank pay dividends? What is the dividend yield for M&T Bank?

M&T Bank declared a quarterly dividend on Tuesday, November 19th. Stockholders of record on Monday, December 2nd will be paid a dividend of $1.10 per share on Tuesday, December 31st. This represents a $4.40 annualized dividend and a dividend yield of 2.70%. The ex-dividend date is Friday, November 29th. This is an increase from M&T Bank's previous quarterly dividend of $1.00. View M&T Bank's Dividend History.

How will M&T Bank's stock buyback program work?

M&T Bank declared that its Board of Directors has initiated a share repurchase program on Wednesday, February 21st 2018, which allows the company to repurchase $745,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to purchase up to 2.8% of its stock through open market purchases. Stock repurchase programs are typically a sign that the company's management believes its shares are undervalued.

How were M&T Bank's earnings last quarter?

M&T Bank Co. (NYSE:MTB) issued its quarterly earnings results on Thursday, October, 17th. The financial services provider reported $3.47 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $3.59 by $0.12. The financial services provider earned $1.56 billion during the quarter, compared to analyst estimates of $1.53 billion. M&T Bank had a return on equity of 13.82% and a net margin of 28.58%. During the same period in the prior year, the firm earned $3.53 earnings per share. View M&T Bank's Earnings History.

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

M&T Bank is scheduled to release their next quarterly earnings announcement on Thursday, January 23rd 2020. View Earnings Estimates 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 Thursday, January 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.

What price target have analysts set for MTB?

14 equities research analysts have issued 12-month target prices for M&T Bank's shares. Their forecasts range from $158.00 to $200.00. On average, they expect M&T Bank's stock price to reach $171.25 in the next year. This suggests a possible upside of 5.0% from the stock's current price. View Analyst Price Targets for M&T Bank.

What is the consensus analysts' recommendation for M&T Bank?

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for M&T Bank in the last year. There are currently 1 sell rating, 11 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for M&T Bank.

Has M&T Bank been receiving favorable news coverage?

News headlines about MTB stock have been trending positive on Tuesday, InfoTrie reports. InfoTrie identifies negative and positive media coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. M&T Bank earned a coverage optimism score of 3.0 on InfoTrie's scale. They also assigned media stories about the financial services provider a news buzz of 5.0 out of 10, meaning that recent media coverage is somewhat likely to have an impact on the company's share price in the immediate future. View News Stories for M&T Bank.

Are investors shorting M&T Bank?

M&T Bank saw a decrease in short interest in the month of December. As of December 13th, there was short interest totalling 1,410,000 shares, a decrease of 26.9% from the November 28th total of 1,930,000 shares. Based on an average daily volume of 595,300 shares, the short-interest ratio is currently 2.4 days. Currently, 1.1% of the company's shares are sold short. View M&T Bank's Current Options Chain.

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

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), Nucor (NUE), Merck & Co., Inc. (MRK), Valley National Bancorp (VLY), Verizon Communications (VZ), Bank of America (BAC), The Coca-Cola (KO), Pfizer (PFE), Johnson & Johnson (JNJ) and JPMorgan Chase & Co. (JPM).

Who are M&T Bank's key executives?

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

Who are M&T Bank's major shareholders?

M&T Bank's stock is owned by a number of of retail and institutional investors. Top institutional investors include Fenimore Asset Management Inc. (0.33%), Boston Trust Walden Corp (0.18%), Huntington National Bank (0.14%), Tocqueville Asset Management L.P. (0.09%), LGT Capital Partners LTD. (0.05%) and Nisa Investment Advisors LLC (0.05%). Company insiders that own M&T Bank stock include Brian E Hickey, C Angela Bontempo, D Scott N Warman, 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 E Sadler Jr, Robert J Bojdak, Sabeth Siddique and William J Farrell II. View Institutional Ownership Trends for M&T Bank.

Which major investors are selling M&T Bank stock?

MTB stock was sold by a variety of institutional investors in the last quarter, including PGGM Investments, Hexavest Inc., Nisa Investment Advisors LLC, Meag Munich Ergo Kapitalanlagegesellschaft MBH, United Services Automobile Association, State of Alaska Department of Revenue, LGT Capital Partners LTD. and First National Bank of Omaha. 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, Gary N Geisel, John L Dangelo, Michael J Todaro, Michele D Trolli, Richard S Gold, Robert J Bojdak, Sabeth Siddique and William J Farrell II. View Insider Buying and Selling for M&T Bank.

Which major investors are buying M&T Bank stock?

MTB stock was bought by a variety of institutional investors in the last quarter, including Boston Trust Walden Corp, Assenagon Asset Management S.A., Fenimore Asset Management Inc., Hennessy Advisors Inc., Thomasville National Bank, Cerebellum GP LLC, Norway Savings Bank and Huntington National Bank. View Insider Buying and Selling 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 $163.03.

How big of a company is M&T Bank?

M&T Bank has a market capitalization of $21.51 billion and generates $6.45 billion in revenue each year. The financial services provider earns $1.92 billion in net income (profit) each year or $12.86 on an earnings per share basis. M&T Bank employs 17,267 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]


MarketBeat Community Rating for M&T Bank (NYSE MTB)

Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  169 (Vote Outperform)
Underperform Votes:  209 (Vote Underperform)
Total Votes:  378
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.
This page was last updated on 1/21/2020 by MarketBeat.com Staff

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