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 twelve months. 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 "moderate buy" M&T Bank stock.
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14 Wall Street analysts have issued 1-year price targets for M&T Bank's stock. Their MTB stock forecasts range from $128.68 to $238.00. On average, they anticipate M&T Bank's stock price to reach $193.31 in the next twelve months. This suggests a possible upside of 21.0% 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 shares have increased by 4.0% and is now trading at $159.71.
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M&T Bank saw a decline in short interest in the month of June. As of June 15th, there was short interest totaling 3,220,000 shares, a decline 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 presently 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) released its earnings results on Wednesday, April, 20th. The financial services provider reported $2.73 EPS for the quarter, beating the consensus estimate 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 net margin of 29.31% and a trailing twelve-month return on equity of 11.45%. During the same period last year, the company earned $3.41 earnings per share.
View M&T Bank's earnings history.

M&T Bank announced a quarterly dividend on Tuesday, May 17th. Shareholders 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 3.01%. The ex-dividend date of this dividend 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 3.01%. 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 26.79% 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 declared that its board has authorized a share repurchase program on Tuesday, February 22nd 2022, which authorizes the company to buyback $800,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to reacquire up to 3.4% of its shares through open market purchases. Shares buyback programs are often a sign that the company's board of directors believes its stock is 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), Regions Financial (RF), Huntington Bancshares (HBAN), KeyCorp (KEY), First Horizon (FHN), Signature Bank (SBNY), First Citizens BancShares (FCNCA), East West Bancorp (EWBC), Commerce Bancshares (CBSH), Zions Bancorporation, National Association (ZION) and Western Alliance Bancorporation (WAL).
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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."

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 $159.71.

M&T Bank (NYSE:MTB) has a market capitalization of $28.65 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.