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

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

M&T Bank declared a quarterly dividend on Tuesday, November 19th. Investors 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 2.57%. The ex-dividend date of this dividend is Friday, November 29th. This is a positive change from M&T Bank's previous quarterly dividend of $1.00. View M&T Bank's Dividend History.

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

M&T Bank Co. (NYSE:MTB) posted its quarterly earnings data on Thursday, January, 23rd. The financial services provider reported $3.60 EPS for the quarter, beating the consensus estimate of $3.47 by $0.13. The financial services provider had revenue of $1.53 billion for the quarter, compared to analysts' expectations of $1.52 billion. M&T Bank had a net margin of 27.79% and a return on equity of 13.38%. During the same quarter last year, the firm posted $3.79 EPS. View M&T Bank's Earnings History.

M&T Bank is scheduled to release their next quarterly earnings announcement on Monday, April 20th 2020. View Earnings Estimates for M&T Bank.

15 analysts have issued 1-year price objectives for M&T Bank's shares. Their forecasts range from $158.00 to $200.00. On average, they expect M&T Bank's share price to reach $171.92 in the next year. This suggests a possible upside of 0.3% from the stock's current price. View Analyst Price Targets for M&T Bank.

15 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 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for M&T Bank.

News coverage about MTB stock has been trending somewhat negative recently, InfoTrie Sentiment reports. InfoTrie identifies negative and positive press coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. M&T Bank earned a media sentiment score of -1.4 on InfoTrie's scale. They also gave headlines about the financial services provider a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the company's share price in the near term. View News Stories for M&T Bank.

Some companies that are related to M&T Bank include PNC Financial Services Group (PNC), Truist Financial (TFC), SunTrust Banks (STI), Fifth Third Bancorp (FITB), KeyCorp (KEY), First Republic Bank (FRC), Regions Financial (RF), Huntington Bancshares (HBAN), SVB Financial Group (SIVB), Zions Bancorporation NA (ZION), Signature Bank (SBNY), Commerce Bancshares (CBSH), East West Bancorp (EWBC), TCF Financial (TCF) and Western Alliance Bancorporation (WAL).

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).

M&T Bank's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Fenimore Asset Management Inc. (0.33%), Boston Trust Walden Corp (0.18%), New York State Teachers Retirement System (0.14%), Huntington National Bank (0.14%), Marathon Asset Management LLP (0.12%) and Strs Ohio (0.09%). 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 E Sadler Jr, 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 PGGM Investments, Hexavest Inc., Mountain Pacific Investment Advisers Inc. ID, New York State Teachers Retirement System, Nisa Investment Advisors LLC, Meag Munich Ergo Kapitalanlagegesellschaft MBH, United Services Automobile Association and State of Alaska Department of Revenue. 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 and William J Farrell II. View Insider Buying and Selling for M&T Bank.

MTB stock was bought by a variety of institutional investors in the last quarter, including Strs Ohio, Marathon Asset Management LLP, CHURCHILL MANAGEMENT Corp, Boston Trust Walden Corp, Assenagon Asset Management S.A., Fenimore Asset Management Inc., Hennessy Advisors Inc. and Thomasville National Bank. View Insider Buying and Selling 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 $171.49.

M&T Bank has a market capitalization of $22.63 billion and generates $6.94 billion in revenue each year. The financial services provider earns $1.92 billion in net income (profit) each year or $13.75 on an earnings per share basis. M&T Bank employs 17,267 workers across the globe.View Additional Information About M&T Bank.

The official website for M&T Bank is http://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]