M&T Bank Stock Forecast, Price & News

14 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for M&T Bank in the last year. There are currently 6 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" M&T Bank stock.
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14 analysts have issued twelve-month price targets for M&T Bank's shares. Their MTB stock forecasts range from $128.68 to $238.00. On average, they expect M&T Bank's share price to reach $193.31 in the next year. This suggests a possible upside of 23.1% from the stock's current price.
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M&T Bank's stock was trading at $153.58 at the start of the year. Since then, MTB stock has increased by 2.3% and is now trading at $157.06.
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M&T Bank saw a decrease in short interest during the month of June. As of June 15th, there was short interest totaling 3,220,000 shares, a decrease of 19.5% from the May 31st total of 4,000,000 shares. Based on an average daily volume of 1,530,000 shares, the days-to-cover ratio is currently 2.1 days.
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M&T Bank is scheduled to release its next quarterly earnings announcement on Wednesday, July 20th 2022.
View our earnings forecast for M&T Bank.

M&T Bank will be holding an earnings conference call on Wednesday, July 20th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 402-220-5380.

M&T Bank Co. (NYSE:MTB) posted its quarterly earnings results on Wednesday, April, 20th. The financial services provider reported $2.73 earnings per share for the quarter, topping analysts' consensus estimates of $2.26 by $0.47. The financial services provider had revenue of $1.45 billion for the quarter, compared to the consensus estimate of $1.43 billion. M&T Bank had a trailing twelve-month return on equity of 11.45% and a net margin of 29.31%. During the same period in the prior year, the business posted $3.41 earnings per share.
View M&T Bank's earnings history.

M&T Bank announced a quarterly dividend on Tuesday, May 17th. Investors of record on Wednesday, June 1st will be paid a dividend of $1.20 per share on Thursday, June 30th. This represents a $4.80 annualized dividend and a yield of 3.06%. The ex-dividend date is Tuesday, May 31st.
View M&T Bank's dividend history.

M&T Bank(NYSE:MTB) pays an annual dividend of $4.80 per share and currently has a dividend yield of 3.03%. M&T Bank does not yet have a strong track record of dividend growth. The dividend payout ratio of M&T Bank is 36.67%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, M&T Bank will have a dividend payout ratio of 25.82% next year. This indicates that M&T Bank will be able to sustain or increase its dividend.
View M&T Bank's dividend history.

M&T Bank announced that its board has approved a stock buyback plan on Tuesday, February 22nd 2022, which authorizes the company to repurchase $800,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to reacquire up to 3.4% of its stock through open market purchases. Stock repurchase plans are usually a sign that the company's management believes its shares are undervalued.

160 employees have rated M&T Bank CEO Rene F Jones on Glassdoor.com. Rene F Jones has an approval rating of 86% among M&T Bank's employees.

Some companies that are related to M&T Bank include The PNC Financial Services Group (PNC), Truist Financial (TFC), First Republic Bank (FRC), SVB Financial Group (SIVB), Fifth Third Bancorp (FITB), Huntington Bancshares (HBAN), Regions Financial (RF), KeyCorp (KEY), First Horizon (FHN), Signature Bank (SBNY), First Citizens BancShares (FCNCA), East West Bancorp (EWBC), Commerce Bancshares (CBSH), Western Alliance Bancorporation (WAL) and Zions Bancorporation, National Association (ZION).
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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 a variety of retail and institutional investors. Top institutional investors include Farmer Steven Patrick (0.06%), Bard Financial Services Inc. (0.01%), Somerset Trust Co (0.00%) and Neville Rodie & Shaw Inc. (0.00%). Company insiders that own M&T Bank stock include Christopher E Kay, D Scott N Warman, Darren J King, Denis J Salamone, Doris P Meister, John L Dangelo, Kevin J Pearson, Michael J Todaro, Michele D Trolli, Richard S Gold, Robert J Bojdak 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 Somerset Trust Co. Company insiders that have sold M&T Bank company stock in the last two years include Christopher E Kay, D Scott N Warman, Denis J Salamone, Doris P Meister, Kevin J Pearson, Michele D Trolli, and Robert J Bojdak.
View insider buying and selling activity for M&T Bank or view top insider-selling stocks.

MTB stock was purchased by a variety of institutional investors in the last quarter, including Farmer Steven Patrick, Bard Financial Services Inc., and Neville Rodie & Shaw Inc..
View insider buying and selling activity for M&T Bank or or view top insider-buying stocks.

Shares of MTB 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 $157.06.

M&T Bank (NYSE:MTB) has a market capitalization of $28.18 billion and generates $6.11 billion in revenue each year. The financial services provider earns $1.86 billion in net income (profit) each year or $13.09 on an earnings per share basis.

M&T Bank employs 17,569 workers across the globe.

M&T Bank was founded in 1856.

M&T Bank's mailing address is ONE M&T PLAZA, BUFFALO NY, 14203. The official website for M&T Bank 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.