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

$148.31
+0.93 (+0.63 %)
(As of 08/22/2019 04:00 PM ET)
Today's Range
$146.47
Now: $148.31
$148.98
50-Day Range
$144.66
MA: $161.27
$174.23
52-Week Range
$133.78
Now: $148.31
$180.77
Volume480,541 shs
Average Volume778,997 shs
Market Capitalization$19.82 billion
P/E Ratio11.53
Dividend Yield2.71%
Beta1.05
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$14.9808 per share
Book Value$108.18 per share

Profitability

Net Income$1.92 billion

Miscellaneous

Employees17,267
Market Cap$19.82 billion
Next Earnings Date10/16/2019 (Estimated)
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, August 20th. Stockholders of record on Tuesday, September 3rd will be paid a dividend of $1.00 per share on Monday, September 30th. This represents a $4.00 dividend on an annualized basis and a dividend yield of 2.70%. The ex-dividend date of this dividend is Friday, August 30th. View M&T Bank's Dividend History.

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

M&T Bank announced that its Board of Directors has approved a stock buyback program on Wednesday, February 21st 2018, which permits the company to buyback $745,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to purchase up to 2.8% of its shares through open market purchases. Shares buyback programs are typically an indication that the company's leadership believes its stock is undervalued.

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

M&T Bank Co. (NYSE:MTB) issued its quarterly earnings data on Thursday, July, 18th. The financial services provider reported $3.34 earnings per share for the quarter, missing the consensus estimate of $3.70 by $0.36. The financial services provider earned $1.55 billion during the quarter, compared to analyst estimates of $1.53 billion. M&T Bank had a return on equity of 14.26% and a net margin of 29.81%. During the same period in the prior year, the business posted $3.26 EPS. 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 Wednesday, October 16th 2019. View Earnings Estimates for M&T Bank.

What price target have analysts set for MTB?

14 equities research analysts have issued 1-year price targets for M&T Bank's shares. Their forecasts range from $155.00 to $220.00. On average, they expect M&T Bank's share price to reach $176.5833 in the next year. This suggests a possible upside of 19.1% 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 2 sell ratings, 7 hold ratings and 5 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 stories about MTB stock have trended positive recently, according to InfoTrie Sentiment. The research group identifies positive and negative press coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. M&T Bank earned a coverage optimism score of 2.5 on InfoTrie's scale. They also assigned news headlines about the financial services provider a news buzz of 6.0 out of 10, indicating that recent press coverage is somewhat likely to have an effect on the stock's share price in the next several days. View News Stories for M&T Bank.

Are investors shorting M&T Bank?

M&T Bank saw a increase in short interest during the month of July. As of July 31st, there was short interest totalling 1,669,800 shares, an increase of 14.1% from the June 30th total of 1,464,000 shares. Based on an average trading volume of 736,400 shares, the days-to-cover ratio is presently 2.3 days. Currently, 1.3% of the company's stock are short sold. 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?

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 institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (10.74%), BlackRock Inc. (7.48%), Invesco Ltd. (2.84%), Nuveen Asset Management LLC (1.49%), Wells Fargo & Company MN (1.20%) and Northern Trust Corp (1.16%). 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, Michael J Todaro, Michael R Spychala, Michele D Trolli, Randolph Michael Kasum, Richard H Jr Ledgett, Richard S Gold, Robert E Sadler Jr, Robert J Bojdak, Sabeth Siddique, Wilfried Bernard and William J Farrell II. View Institutional Ownership Trends for M&T Bank.

Which institutional investors are selling M&T Bank stock?

MTB stock was sold by a variety of institutional investors in the last quarter, including Invesco Ltd., Balyasny Asset Management LLC, Natixis, Natixis, Ellis Investment Partners LLC, M&T Bank Corp, Russell Investments Group Ltd. and Canada Pension Plan Investment Board. 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, Michael J Todaro, Michele D Trolli, Richard H Jr Ledgett, Robert J Bojdak, Sabeth Siddique and William J Farrell II. View Insider Buying and Selling for M&T Bank.

Which institutional investors are buying M&T Bank stock?

MTB stock was bought by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, Hexavest Inc., Renaissance Technologies LLC, AQR Capital Management LLC, USS Investment Management Ltd, Unigestion Holding SA, Morgan Stanley and Bank of America Corp DE. Company insiders that have bought M&T Bank stock in the last two years include Michael J Todaro and Wilfried Bernard. 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, Scottrade, Fidelity and Charles Schwab.

What is M&T Bank's stock price today?

One share of MTB stock can currently be purchased for approximately $148.31.

How big of a company is M&T Bank?

M&T Bank has a market capitalization of $19.82 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:  2.3 out of 5 (star star)
Outperform Votes:  140 (Vote Outperform)
Underperform Votes:  165 (Vote Underperform)
Total Votes:  305
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 8/22/2019 by MarketBeat.com Staff

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