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

$100.37
+5.16 (+5.42 %)
(As of 07/10/2020 04:00 PM ET)
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Today's Range
$95.12
Now: $100.37
$100.42
50-Day Range
$95.21
MA: $107.05
$127.40
52-Week Range
$85.09
Now: $100.37
$174.37
Volume859,200 shs
Average Volume938,653 shs
Market Capitalization$12.87 billion
P/E Ratio8.13
Dividend Yield4.38%
Beta1.22
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. Its Commercial Banking segment provides credit and banking services for middle-market and large commercial customers. The company's Commercial Real Estate segment offers multifamily residential and commercial real estate credit, and deposit services. Its Discretionary Portfolio segment provides deposits; securities, residential real estate loans, and other assets; and short and long term borrowed funds, as well as foreign exchange services. The company's Residential Mortgage Banking segment offers residential real estate loans for consumers and sells those loans in the secondary market; and purchases servicing rights to loans originated by other entities. Its Retail Banking segment offers demand, savings, and time accounts; consumer installment loans, automobile and recreational finance loans, home equity loans and lines of credit, and credit cards; demand, savings; and time accounts; mutual funds and annuities; and other services. The company also provides trust and wealth management; fiduciary and custodial; investment management; and insurance agency services. It offers its services through banking offices, business banking centers, telephone and Internet banking, mobile banking, and automated teller machines. As of December 31, 2018, the company had 750 domestic banking offices in New York State, Maryland, New Jersey, Pennsylvania, Delaware, Connecticut, Virginia, and the District of Columbia; a full-service commercial banking office in Ontario, and Canada; and an office in George Town, Cayman Islands. M&T Bank Corporation was founded in 1856 and is headquartered in Buffalo, New York.
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M&T Bank logo

Beat the Market (BTM) Rank

Analyst Opinion: 4.0Community Rank: 2.1Dividend Strength: 3.3Insider Behavior: 1.0Valuation: 3.1 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.72 out of 5 stars


Industry, Sector and Symbol

Industry State commercial banks
Sub-IndustryRegional Banks
SectorFinance
CUSIP55261F10
Phone716-635-4000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$6.94 billion
Cash Flow$16.90 per share
Book Value$109.63 per share

Profitability

Net Income$1.93 billion

Miscellaneous

Employees17,773
Market Cap$12.87 billion
Next Earnings Date7/23/2020 (Confirmed)
OptionableOptionable

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M&T Bank (NYSE:MTB) Frequently Asked Questions

How has M&T Bank's stock been impacted by COVID-19 (Coronavirus)?

M&T Bank's stock was trading at $111.18 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, MTB shares have decreased by 9.7% and is now trading at $100.37. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of M&T Bank?

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.

When is M&T Bank's next earnings date?

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.

How can I listen to M&T Bank's earnings call?

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.

How were M&T Bank's earnings last quarter?

M&T Bank Co. (NYSE:MTB) announced its earnings results on Monday, April, 20th. The financial services provider reported $1.93 earnings per share for the quarter, topping analysts' consensus estimates of $1.55 by $0.38. The financial services provider earned $1.51 billion during the quarter, compared to analysts' expectations 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 period in the previous year, the firm earned $3.35 earnings per share. View M&T Bank's earnings history.

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 19th. Investors of record on Monday, June 1st will be given a dividend of $1.10 per share on Tuesday, June 30th. This represents a $4.40 annualized dividend and a dividend yield of 4.38%. The ex-dividend date is Friday, May 29th. View M&T Bank's dividend history.

What price target have analysts set for MTB?

19 brokers have issued 12 month price targets for M&T Bank's stock. Their forecasts range from $79.30 to $200.00. On average, they expect M&T Bank's share price to reach $140.02 in the next twelve months. This suggests a possible upside of 39.5% from the stock's current price. View analysts' price targets for M&T Bank.

Has M&T Bank been receiving favorable news coverage?

News headlines about MTB stock have been trending very negative recently, InfoTrie reports. The research group rates the sentiment of media coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. M&T Bank earned a media sentiment score of -3.2 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 media coverage is extremely unlikely to have an impact on the stock's share price in the near future. View the latest news about M&T Bank.

Are investors shorting M&T Bank?

M&T Bank saw a decrease in short interest during the month of June. As of June 30th, there was short interest totaling 2,080,000 shares, a decrease of 14.4% from the June 15th total of 2,430,000 shares. Based on an average daily trading volume, of 985,500 shares, the days-to-cover ratio is presently 2.1 days. Approximately 1.6% of the company's stock are short sold. View M&T Bank's Current Options Chain.

Who are some of M&T Bank's key competitors?

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

Who are M&T Bank's key executives?

M&T Bank's management team includes the following 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)

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 investors include Confluence Investment Management LLC (0.11%), Hexavest Inc. (0.08%), State of Alaska Department of Revenue (0.08%), Envestnet Asset Management Inc. (0.04%), LGT Capital Partners LTD. (0.04%) and Mountain Pacific Investment Advisers Inc. ID (0.03%). 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.

Which major investors are selling M&T Bank stock?

MTB stock was sold by a variety of institutional investors in the last quarter, including Whittier Trust Co., Envestnet Asset Management Inc., LGT Capital Partners LTD., Whittier Trust Co. of Nevada Inc., Mountain Pacific Investment Advisers Inc. ID, Nexus Investment Management ULC, Carnegie Capital Asset Management LLC, and Courier Capital LLC. Company insiders that have sold M&T Bank company stock in the last year include Darren J King, Denis J Salamone, Doris P Meister, John L Dangelo, Richard S Gold, and William J Farrell II. View insider buying and selling activity for M&T Bank.

Which major investors are buying M&T Bank stock?

MTB stock was bought by a variety of institutional investors in the last quarter, including Hexavest Inc., State of Alaska Department of Revenue, Confluence Investment Management LLC, O Keefe Stevens Advisory Inc., Canandaigua National Corp, Municipal Employees Retirement System of Michigan, DNB Asset Management AS, and Farmers & Merchants Trust Co of Chambersburg PA. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

What is M&T Bank's stock price today?

One share of MTB stock can currently be purchased for approximately $100.37.

How big of a company is M&T Bank?

M&T Bank has a market capitalization of $12.87 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.

What is M&T Bank's official website?

The official website for M&T Bank is www.mtb.com.

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]

This page was last updated on 7/13/2020 by MarketBeat.com Staff

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