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.
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Industry, Sector and Symbol
Industry State commercial banks
Sub-IndustryRegional Banks
SectorFinance
Phone716-635-4000
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$6.45 billion
Profitability
Miscellaneous
Employees17,267
Next Earnings Date10/16/2019 (Estimated)
OptionableOptionable
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 announced a quarterly dividend on Tuesday, May 21st. Stockholders of record on Monday, June 3rd will be given a dividend of $1.00 per share on Friday, June 28th. This represents a $4.00 dividend on an annualized basis and a dividend yield of 2.71%. The ex-dividend date is Friday, May 31st. View M&T Bank's Dividend History.
How will M&T Bank's stock buyback program work?
M&T Bank announced that its board has approved a share buyback plan 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 reacquire up to 2.8% of its shares through open market purchases. Shares buyback plans are typically a sign that the company's board of directors believes its shares are undervalued.
How were M&T Bank's earnings last quarter?
M&T Bank Co. (NYSE:MTB) issued its quarterly earnings results on Thursday, July, 18th. The financial services provider reported $3.34 EPS for the quarter, missing analysts' consensus estimates of $3.70 by $0.36. The financial services provider had revenue of $1.55 billion for the quarter, compared to the consensus estimate 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 last year, the business earned $3.26 earnings per share. View M&T Bank's Earnings History.
When is M&T Bank's next earnings date?
What price target have analysts set for MTB?
14 brokerages have issued 1-year target prices for M&T Bank's stock. Their forecasts range from $155.00 to $220.00. On average, they anticipate M&T Bank's share price to reach $176.5833 in the next twelve months. This suggests a possible upside of 19.7% 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?
Media stories about MTB stock have been trending negative recently, InfoTrie Sentiment Analysis reports. The research firm scores the sentiment of news coverage by monitoring more than six thousand news and blog 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 sentiment score of -2.3 on InfoTrie's scale. They also gave headlines about the financial services provider a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the stock's share price in the near term. View News Stories for M&T Bank.
Are investors shorting M&T Bank?
M&T Bank saw a increase in short interest in 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 short-interest ratio is currently 2.3 days. Approximately 1.3% of the shares of the stock are short sold. View M&T Bank's Current Options Chain.
Who are some of M&T Bank's key competitors?
Some companies that are related to M&T Bank include SBERBANK RUSSIA/S (SBRCY), BANCO BRADESCO/S (BBDO), Bank of Nova Scotia (BNS), Bank of New York Mellon (BK), Fifth Third Bancorp (FITB), State Street (STT), Northern Trust (NTRS), Citizens Financial Group (CFG), Deutsche Bank (DB), SVB Financial Group (SIVB), Signature Bank (SBNY), Commerce Bancshares (CBSH), East West Bancorp (EWBC), Popular (BPOP) and First Citizens BancShares (FCNCA).
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 Micron Technology (MU), Nucor (NUE), Merck & Co., Inc. (MRK), Valley National Bancorp (VLY), Bank of America (BAC), Verizon Communications (VZ), Hudson City Bancorp (HCBK), Johnson & Johnson (JNJ), JPMorgan Chase & Co. (JPM) and Pfizer (PFE).
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 variety 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, Ellis Investment Partners LLC, M&T Bank Corp, Russell Investments Group Ltd., Canada Pension Plan Investment Board and UBS Asset Management Americas Inc.. 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 acquired 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 $147.52.
How big of a company is M&T Bank?
M&T Bank has a market capitalization of $19.72 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?
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)
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.
