NYSE:MTB M&T Bank - MTB Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding M&T Bank Co. Please log in to your account or sign up in order to add this asset to your watchlist. $114.93 +2.56 (+2.28%) (As of 03/24/2023 12:00 AM ET) Add Compare Share Share Today's Range$110.00▼$115.6550-Day Range$112.37▼$161.3352-Week Range$110.00▼$193.42Volume3.07 million shsAverage Volume2.75 million shsMarket Capitalization$19.31 billionP/E Ratio9.98Dividend Yield4.52%Price Target$182.18 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability M&T Bank MarketRank™ ForecastAnalyst RatingHold2.47 Rating ScoreUpside/Downside58.6% Upside$182.24 Price TargetShort InterestHealthy1.32% of Shares Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-0.42Upright™ Environmental ScoreNews Sentiment0.01Based on 20 Articles This WeekInsider TradingN/AProj. Earnings Growth2.76%From $18.09 to $18.59 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.3.56 out of 5 starsFinance Sector9th out of 868 stocksState Commercial Banks Industry2nd out of 179 stocks 4.2 Analyst's Opinion Consensus RatingM&T Bank has received a consensus rating of Hold. The company's average rating score is 2.44, and is based on 7 buy ratings, 9 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $182.24, M&T Bank has a forecasted upside of 58.6% from its current price of $114.93.Amount of Analyst CoverageM&T Bank has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 4.0 Short Interest Percentage of Shares Shorted1.32% of the outstanding shares of M&T Bank have been sold short.Short Interest Ratio / Days to CoverM&T Bank has a short interest ratio ("days to cover") of 1.6, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in M&T Bank has recently decreased by 0.90%, indicating that investor sentiment is improving. Previous Next 3.3 Dividend Strength Dividend LeadershipM&T Bank is a leading dividend payer. It pays a dividend yield of 4.42%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthM&T Bank has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of M&T Bank is 45.14%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, M&T Bank will have a dividend payout ratio of 27.97% next year. This indicates that M&T Bank will be able to sustain or increase its dividend. Previous Next 3.6 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreM&T Bank has received a 45.71% net impact score from Upright. The largest positive contribution comes from its "Societal infrastructure" impact, which is mostly driven by its "Retirement saving services", "Home insurance services for individuals", "Commercial deposit accounts", and "Consumer deposit accounts" products. See details.Environmental SustainabilityThe Environmental Impact score for M&T Bank is -0.42. Previous Next 2.8 News and Social Media Coverage News SentimentM&T Bank has a news sentiment score of 0.01. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.64 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 20 news articles for M&T Bank this week, compared to 8 articles on an average week.Search Interest38 people have searched for MTB on MarketBeat in the last 30 days. This is an increase of 58% compared to the previous 30 days.MarketBeat Follows15 people have added M&T Bank to their MarketBeat watchlist in the last 30 days. This is an increase of 150% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, M&T Bank insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.97% of the stock of M&T Bank is held by insiders.Percentage Held by Institutions84.10% of the stock of M&T Bank is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.8 Earnings and Valuation Earnings GrowthEarnings for M&T Bank are expected to grow by 2.76% in the coming year, from $18.09 to $18.59 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of M&T Bank is 9.98, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 113.03.Price to Earnings Ratio vs. SectorThe P/E ratio of M&T Bank is 9.98, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 129.83.Price to Earnings Growth RatioM&T Bank has a PEG Ratio of 0.72. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioM&T Bank has a P/B Ratio of 0.85. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About M&T Bank (NYSE:MTB) StockM&T Bank Corp. operates as a bank holding company, which engages in the provision of retail and commercial banking, trust, wealth management and investment services. It operates through the following segments: Business Banking, Commercial Banking, Commercial Real Estate, Discretionary Portfolio, Residential Mortgage Banking, and Retail Banking. The Business Banking segment provides services to small businesses and professionals through the company's branch network, business banking centers, and other delivery channels such as telephone banking, Internet banking and automated teller machines. The Commercial Banking segment offers credit products and banking services for middle-market and large commercial customers. The Commercial Real Estate segment includes credit and deposit services to its customers. The Discretionary Portfolio segment consists of investment and trading securities, residential mortgage loans and other assets, short-term and long-term borrowed funds, brokered certificates of deposit and interest rate swap agreements related thereto, and Cayman Islands branch deposits. The Residential Mortgage Banking segment consists of residential mortgage loans and sells substanRead More Receive MTB Stock News and Ratings via Email Sign-up to receive the latest news and ratings for M&T Bank and its competitors with MarketBeat's FREE daily newsletter. Email Address MTB Stock News HeadlinesMarch 25, 2023 | americanbankingnews.comM&T Bank (NYSE:MTB) Price Target Lowered to $183.00 at Royal Bank of CanadaMarch 25, 2023 | americanbankingnews.comM&T Bank (NYSE:MTB) Rating Lowered to Peer Perform at Wolfe ResearchMarch 25, 2023 | Behind the Markets (Ad)BREAKING: Tiny biotech successfully treats blindnessThere's a tiny biotech in Cambridge that's using a breakthrough technology to treat blindness. This company has already shown success in human trials... And Our research shows that anyone who gets in today could see a 46,751% return.March 24, 2023 | bizjournals.comPrince George’s County, M&T Bank partner on new accelerator for Latino-owned businessesMarch 24, 2023 | msn.comWolfe Research Downgrades M & T Bank (MTB)March 24, 2023 | msn.comWestport police warn of possible M&T Bank scams after fake hostage callMarch 22, 2023 | fool.comWill Warren Buffett Buy the Dip on Bank Stocks?March 21, 2023 | theglobeandmail.com3 Regional Bank Buys For Income InvestorsMarch 25, 2023 | Behind the Markets (Ad)Buy THIS stock before Taiwan is attacked... If the United States goes to war with another nuclear armed superpower, this could have a devastating impact on your retirement portfolio. Now, even Taiwan's own foreign minister is saying that China is on the cusp of a full scale invasion. But the good news is, if China invades Taiwan, there is a way to protect yourself.March 21, 2023 | washingtonpost.comHow This Non-Silicon Valley Bank Managed Its DepositsMarch 21, 2023 | markets.businessinsider.comBank Stocks: Valuation a New Worry, Bank Run Risk DimsMarch 21, 2023 | markets.businessinsider.comBank Stocks: Valuation a New Worry, But Wedbush Analyst Picks These 3 Bank StocksMarch 20, 2023 | finance.yahoo.comM&T Bank Corporation Announces First Quarter 2023 Earnings Release and Conference CallMarch 19, 2023 | americanbankingnews.comM&T Bank Co. (NYSE:MTB) Receives $182.18 Average PT from BrokeragesMarch 17, 2023 | bizjournals.comWilmington Trust, M&T pros share inflation, recession forecast with Buffalo investorsMarch 14, 2023 | bizjournals.comAs share prices plunge, Buffalo banks weather fallout from Silicon Valley Bank failureMarch 14, 2023 | finance.yahoo.com25 Largest Banks in the US by Asset SizeMarch 14, 2023 | barrons.com3 Regional Bank Stocks That Might Be Opportunities in the Sell-OffMarch 13, 2023 | bizjournals.comM&T's René Jones' talks merger challenges, local tragedy & inflation impacts in annual letterMarch 10, 2023 | cnbc.comSilicon Valley Bank blowup highlights deposit risks vs TreasurysMarch 8, 2023 | finance.yahoo.comM&T Bank Chairman and CEO René Jones Speaks to Serving Communities and Driving Positive Change in Annual LetterMarch 8, 2023 | finance.yahoo.comM&T Bank's Stock Is Starting to Turn the CornerMarch 7, 2023 | finance.yahoo.comDow Falls More Than 550 Points as Powell Warns of Faster Rate IncreasesMarch 7, 2023 | finance.yahoo.comStocks Fall After Powell Warns of Faster Rate IncreasesMarch 7, 2023 | bizjournals.comM&T relies on 'community rituals' to build brand in New England after People's acquisitionMarch 1, 2023 | marketwatch.comM&T Bank Corp. stock falls Wednesday, underperforms marketFebruary 28, 2023 | finance.yahoo.comM&T Bank Announces Harlem Small Business Innovation Lab in Partnership with Carver Federal Savings BankSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive MTB Stock News and Ratings via Email Sign-up to receive the latest news and ratings for M&T Bank and its competitors with MarketBeat's FREE daily newsletter. Email Address MTB Company Calendar Ex-Dividend for 12/30 Dividend11/30/2022Dividend Payable12/30/2022Last Earnings1/19/2023Ex-Dividend for 3/31 Dividend3/03/2023Today3/25/2023Dividend Payable3/31/2023Next Earnings (Confirmed)4/17/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry State commercial banks Sub-IndustryRegional Banks SectorFinance Current SymbolNYSE:MTB CUSIP55261F10 CIK36270 Webwww.mtb.com Phone(716) 635-4000Fax716-842-5021Employees22,808Year Founded1856Price Target and Rating Average Stock Price Forecast$182.24 High Stock Price Forecast$212.00 Low Stock Price Forecast$160.00 Forecasted Upside/Downside+58.5%Consensus RatingHold Rating Score (0-4)2.47 Research Coverage16 Analysts Profitability EPS (Most Recent Fiscal Year)$11.52 Trailing P/E Ratio9.98 Forward P/E Ratio6.35 P/E Growth0.78Net Income$1.99 billion Net Margins23.15% Pretax Margin30.35% Return on Equity11.41% Return on Assets1.31% Debt Debt-to-Equity Ratio0.17 Current Ratio0.96 Quick Ratio0.96 Sales & Book Value Annual Sales$8.60 billion Price / Sales2.24 Cash Flow$15.14 per share Price / Cash Flow7.59 Book Value$135.03 per share Price / Book0.85Miscellaneous Outstanding Shares168,040,000Free Float166,414,000Market Cap$19.31 billion OptionableOptionable Beta0.82 Social Links Key ExecutivesRené F. JonesChairman & Chief Executive OfficerRichard S. GoldPresident & Chief Operating OfficerDarren J. KingChief Financial Officer & Senior Executive VPMichael WislerSenior Executive VP & Chief Information OfficerMichael J. TodaroChief Risk Officer & Senior Executive VPKey CompetitorsFifth Third BancorpNASDAQ:FITBFirst Citizens BancSharesNASDAQ:FCNCAEast West BancorpNASDAQ:EWBCCommerce BancsharesNASDAQ:CBSHSVB Financial GroupNASDAQ:SIVBView All CompetitorsInsiders & InstitutionsB. Riley Wealth Advisors Inc.Sold 233 shares on 3/15/2023Ownership: 0.003%Claro Advisors LLCBought 754 shares on 3/13/2023Ownership: 0.002%Victory Capital Management Inc.Sold 125,673 shares on 3/10/2023Ownership: 0.172%Rockefeller Capital Management L.P.Sold 2,186 shares on 3/6/2023Ownership: 0.012%Lakewood Asset Management LLCBought 10,789 shares on 3/1/2023Ownership: 0.006%View All Insider TransactionsView All Institutional Transactions MTB Stock - Frequently Asked Questions Should I buy or sell M&T Bank stock right now? 16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for M&T Bank in the last twelve months. There are currently 9 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" MTB shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in MTB, but not buy additional shares or sell existing shares. View MTB analyst ratings or view top-rated stocks. What is M&T Bank's stock price forecast for 2023? 16 equities research analysts have issued twelve-month target prices for M&T Bank's shares. Their MTB share price forecasts range from $160.00 to $212.00. On average, they predict the company's share price to reach $182.24 in the next year. This suggests a possible upside of 58.6% from the stock's current price. View analysts price targets for MTB or view top-rated stocks among Wall Street analysts. How have MTB shares performed in 2023? M&T Bank's stock was trading at $145.06 at the beginning of the year. Since then, MTB shares have decreased by 20.8% and is now trading at $114.93. View the best growth stocks for 2023 here. Are investors shorting M&T Bank? M&T Bank saw a drop in short interest in the month of February. As of February 15th, there was short interest totaling 2,230,000 shares, a drop of 20.9% from the January 31st total of 2,820,000 shares. Based on an average daily volume of 1,330,000 shares, the days-to-cover ratio is presently 1.7 days. View M&T Bank's Short Interest. When is M&T Bank's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Monday, April 17th 2023. View our MTB earnings forecast. How can I listen to M&T Bank's earnings call? M&T Bank will be holding an earnings conference call on Monday, April 17th at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 402-220-2676. How were M&T Bank's earnings last quarter? M&T Bank Co. (NYSE:MTB) released its quarterly earnings results on Thursday, January, 19th. The financial services provider reported $4.57 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $4.47 by $0.10. The financial services provider earned $2.51 billion during the quarter, compared to analysts' expectations of $2.37 billion. M&T Bank had a net margin of 23.15% and a trailing twelve-month return on equity of 11.41%. During the same period in the prior year, the firm posted $3.37 EPS. Read the conference call transcript. How often does M&T Bank pay dividends? What is the dividend yield for M&T Bank? M&T Bank announced a quarterly dividend on Wednesday, February 22nd. Stockholders of record on Monday, March 6th will be given a dividend of $1.30 per share on Friday, March 31st. This represents a $5.20 dividend on an annualized basis and a dividend yield of 4.52%. The ex-dividend date is Friday, March 3rd. This is a boost from the stock's previous quarterly dividend of $1.20. Read our dividend analysis for MTB. What ETFs hold M&T Bank's stock? ETFs with the largest weight of M&T Bank (NYSE:MTB) stock in their portfolio include iShares U.S. Regional Banks ETF (IAT), Democratic Large Cap Core ETF (DEMZ), Invesco KBW Bank ETF (KBWB), SPDR S&P Regional Banking ETF (KRE), Sound Equity Income ETF (SDEI), Schwab Ariel ESG ETF (SAEF), Invesco Zacks Mid-Cap ETF (CZA) and Davis Select Financial ETF (DFNL). Is M&T Bank a good dividend stock? M&T Bank (NYSE:MTB) pays an annual dividend of $5.20 per share and currently has a dividend yield of 4.08%. MTB has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 45.14%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, MTB will have a dividend payout ratio of 27.97% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for MTB. How will M&T Bank's stock buyback program work? M&T Bank declared that its Board of Directors has initiated a stock buyback program on Tuesday, July 19th 2022, which permits the company to repurchase $3,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to repurchase up to 9.7% of its stock through open market purchases. Stock repurchase programs are often an indication that the company's leadership believes its shares are undervalued. What is Rene F Jones' approval rating as M&T Bank's CEO? 160 employees have rated M&T Bank Chief Executive Officer Rene F Jones on Glassdoor.com. Rene F Jones has an approval rating of 86% among the company's employees. What other stocks do shareholders of M&T Bank own? 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). What is M&T Bank's stock symbol? M&T Bank trades on the New York Stock Exchange (NYSE) under the ticker symbol "MTB." Who are M&T Bank's major shareholders? M&T Bank's stock is owned by a number of retail and institutional investors. Top institutional shareholders include JPMorgan Chase & Co. (3.20%), Charles Schwab Investment Management Inc. (2.15%), Geode Capital Management LLC (2.02%), Morgan Stanley (1.73%), Wells Fargo & Company MN (1.72%) and Barrow Hanley Mewhinney & Strauss LLC (1.44%). Insiders that own company stock include Christopher E Kay, D Scott N Warman, Denis J Salamone, Doris P Meister, Edna Jennifer Warren, Gary N Geisel, Kevin J Pearson, Kirk W Walters, Michael J Todaro, Michele D Trolli and Robert J Bojdak. View institutional ownership trends. How do I buy shares of M&T Bank? Shares of MTB stock 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. Compare Top Brokerages Here. What is M&T Bank's stock price today? One share of MTB stock can currently be purchased for approximately $114.93. How much money does M&T Bank make? M&T Bank (NYSE:MTB) has a market capitalization of $19.31 billion and generates $8.60 billion in revenue each year. The financial services provider earns $1.99 billion in net income (profit) each year or $11.52 on an earnings per share basis. How many employees does M&T Bank have? The company employs 22,808 workers across the globe. How can I contact M&T Bank? M&T Bank's mailing address is ONE M&T PLAZA, BUFFALO NY, 14203. The official website for the company 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. This page (NYSE:MTB) was last updated on 3/25/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. 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