NYSE:MTBM&T Bank Stock Price, Forecast & News

M&T Bank's stock was trading at $111.18 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, MTB shares have decreased by 9.5% and is now trading at $100.59. View which stocks have been most impacted by Coronavirus.

19 Wall Street analysts have issued "buy," "hold," and "sell" ratings for M&T Bank in the last year. There are currently 2 sell ratings, 14 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for M&T Bank.

M&T Bank is scheduled to release its next quarterly earnings announcement on Thursday, July 23rd 2020. View our earnings forecast for M&T Bank.

M&T Bank will be holding an earnings conference call on Thursday, July 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.

M&T Bank Co. (NYSE:MTB) posted its earnings results on Monday, April, 20th. The financial services provider reported $1.93 EPS for the quarter, beating analysts' consensus estimates of $1.55 by $0.38. The financial services provider had revenue of $1.51 billion for the quarter, compared to the consensus estimate of $1.48 billion. M&T Bank had a net margin of 24.99% and a return on equity of 11.84%. During the same quarter last year, the company earned $3.35 EPS. View M&T Bank's earnings history.

M&T Bank announced a quarterly dividend on Tuesday, May 19th. Shareholders of record on Monday, June 1st will be paid a dividend of $1.10 per share on Tuesday, June 30th. This represents a $4.40 annualized dividend and a dividend yield of 4.37%. The ex-dividend date of this dividend is Friday, May 29th. View M&T Bank's dividend history.

19 Wall Street analysts have issued 12 month price targets for M&T Bank's shares. Their forecasts range from $79.30 to $200.00. On average, they expect M&T Bank's stock price to reach $140.02 in the next year. This suggests a possible upside of 39.2% from the stock's current price. View analysts' price targets for M&T Bank.

Media coverage about MTB stock has been trending negative recently, according to InfoTrie Sentiment Analysis. The research firm identifies positive and negative press coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. M&T Bank earned a news impact score of -2.8 on InfoTrie's scale. They also gave news headlines about the financial services provider a news buzz of 7.0 out of 10, meaning that recent press coverage is likely to have an impact on the company's share price in the next few days. View the latest news about M&T Bank.

M&T Bank saw a increase in short interest in June. As of June 15th, there was short interest totaling 2,430,000 shares, an increase of 13.6% from the May 31st total of 2,140,000 shares. Based on an average daily trading volume, of 1,060,000 shares, the short-interest ratio is currently 2.3 days. Currently, 1.9% of the company's shares are short sold. View M&T Bank's Current Options Chain.

Some companies that are related to M&T Bank include Truist Financial (TFC), PNC Financial Services Group (PNC), First Republic Bank (FRC), Fifth Third Bancorp (FITB), KeyCorp (KEY), SVB Financial Group (SIVB), Regions Financial (RF), Huntington Bancshares (HBAN), Commerce Bancshares (CBSH), Signature Bank (SBNY), Zions Bancorporation NA (ZION), Prosperity Bancshares (PB), East West Bancorp (EWBC), Cullen/Frost Bankers (CFR) and TCF Financial (TCF). View all competitors.

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), Verizon Communications (VZ), JPMorgan Chase & Co. (JPM), Pfizer (PFE), AbbVie (ABBV), Home Depot (HD), Intel (INTC) and Johnson & Johnson (JNJ).

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 Confluence Investment Management LLC (0.11%). 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 J Bojdak, Sabeth Siddique and William J Farrell II. View institutional ownership trends for M&T Bank.

MTB stock was purchased by a variety of institutional investors in the last quarter, including Confluence Investment Management LLC. View insider buying and selling activity 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 $100.59.

M&T Bank has a market capitalization of $12.90 billion and generates $6.94 billion in revenue each year. The financial services provider earns $1.93 billion in net income (profit) each year or $13.75 on an earnings per share basis. M&T Bank employs 17,773 workers across the globe.

The official website for M&T Bank is 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]