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S&P 500   4,026.12
DOW   34,347.03
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Walmart shooter left 'death note,' bought gun day of killing
THE BEST BLACK FRIDAY DEAL YET (Ad)
US stocks wobble to a mixed close, indexes keep weekly gains
Arrival, Coupa Software rise; Apple, Activision fall
See how to make money instead of spending it on Black Friday with this offer (Ad)
New this week: Lizzo, 'Criminal Minds' and 'The Woman King'
Police: Walmart shooter bought gun just hours before killing
See how to make money instead of spending it on Black Friday with this offer (Ad)
Global shares mixed as investors eye China virus crisis
Musk says granting 'amnesty' to suspended Twitter accounts
S&P 500   4,026.12
DOW   34,347.03
QQQ   286.92
Walmart shooter left 'death note,' bought gun day of killing
THE BEST BLACK FRIDAY DEAL YET (Ad)
US stocks wobble to a mixed close, indexes keep weekly gains
Arrival, Coupa Software rise; Apple, Activision fall
See how to make money instead of spending it on Black Friday with this offer (Ad)
New this week: Lizzo, 'Criminal Minds' and 'The Woman King'
Police: Walmart shooter bought gun just hours before killing
See how to make money instead of spending it on Black Friday with this offer (Ad)
Global shares mixed as investors eye China virus crisis
Musk says granting 'amnesty' to suspended Twitter accounts
S&P 500   4,026.12
DOW   34,347.03
QQQ   286.92
Walmart shooter left 'death note,' bought gun day of killing
THE BEST BLACK FRIDAY DEAL YET (Ad)
US stocks wobble to a mixed close, indexes keep weekly gains
Arrival, Coupa Software rise; Apple, Activision fall
See how to make money instead of spending it on Black Friday with this offer (Ad)
New this week: Lizzo, 'Criminal Minds' and 'The Woman King'
Police: Walmart shooter bought gun just hours before killing
See how to make money instead of spending it on Black Friday with this offer (Ad)
Global shares mixed as investors eye China virus crisis
Musk says granting 'amnesty' to suspended Twitter accounts
NYSE:MTB

M&T Bank - MTB Stock Forecast, Price & News

$172.14
+0.27 (+0.16%)
(As of 11/25/2022 04:00 PM ET)
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Today's Range
$171.29
$172.59
50-Day Range
$161.40
$189.36
52-Week Range
$141.49
$193.42
Volume
316,459 shs
Average Volume
1.35 million shs
Market Capitalization
$29.71 billion
P/E Ratio
16.24
Dividend Yield
2.79%
Price Target
$199.92

M&T Bank MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.54 Rating Score
Upside/​Downside
16.1% Upside
$199.92 Price Target
Short Interest
Healthy
1.77% of Shares Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-0.42
Upright™ Environmental Score
News Sentiment
0.25mentions of M&T Bank in the last 14 days
Based on 5 Articles This Week
Insider Trading
Selling Shares
$377,100 Sold Last Quarter
Proj. Earnings Growth
33.38%
From $14.53 to $19.38 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.95 out of 5 stars

Finance Sector

69th out of 894 stocks

State Commercial Banks Industry

16th out of 186 stocks

MTB stock logo

About M&T Bank (NYSE:MTB) Stock

M&T Bank Corporation operates as a bank holding company that provides commercial and retail banking services. The company's Business Banking segment offers deposit, lending, cash management, and other financial services to small businesses and professionals. Its Commercial Banking segment provides deposit products, commercial lending and leasing, letters of credit, and cash management services for middle-market and large commercial customers. The company's Commercial Real Estate segment originates, sells, and services commercial real estate loans; and offers 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; mutual funds and annuities; and other services. The company also provides trust and wealth management; fiduciary and custodial; insurance agency; institutional brokerage and securities; and investment management services. It offers its services through banking offices, business banking centers, telephone and internet banking, and automated teller machines. As of December 31, 2021, the company operates 688 domestic banking offices in New York State, Maryland, New Jersey, Pennsylvania, Delaware, Connecticut, Virginia, West Virginia, and the District of Columbia; and a full-service commercial banking office in Ontario, Canada. M&T Bank Corporation was founded in 1856 and is headquartered in Buffalo, New York.

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MTB Stock News Headlines

Strong Q3 Driving Growth At S&P 500 Component Citizens Financial (MTB)
Citizens Financial Group is among regional banks showing sizable growth recently due to higher rates they can charge on financial products offered to customers.
M&T Bank (NYSE:MTB) Has Affirmed Its Dividend Of $1.20
Bank Robbery in Enfield
M&T Bank Third Quarter 2022 Earnings: Misses Expectations
40 Under 40: Chavuanne Cousins of M&T Bank
Why M&T Bank Stock Was Down 13% This Week
Why Shares of M&T Bank Are Falling Today
M&T Bank Posts Higher 3Q Net Interest Income
See More Headlines
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MTB Company Calendar

Ex-Dividend for 9/30 Dividend
8/31/2022
Dividend Payable
9/30/2022
Last Earnings
10/19/2022
Today
11/26/2022
Ex-Dividend for 12/30 Dividend
11/30/2022
Dividend Payable
12/30/2022
Fiscal Year End
12/31/2022
Next Earnings (Estimated)
1/19/2023

Industry, Sector and Symbol

Industry
State commercial banks
Sub-Industry
Regional Banks
Sector
Finance
CUSIP
55261F10
Employees
17,569
Year Founded
1856

Price Target and Rating

Average Stock Price Forecast
$199.92
High Stock Price Forecast
$255.00
Low Stock Price Forecast
$170.00
Forecasted Upside/Downside
+16.1%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.54
Research Coverage
13 Analysts

Profitability

Net Income
$1.86 billion
Pretax Margin
29.79%

Debt

Sales & Book Value

Annual Sales
$6.11 billion
Cash Flow
$17.30 per share
Book Value
$134.67 per share

Miscellaneous

Free Float
171,353,000
Market Cap
$29.71 billion
Optionable
Optionable
Beta
0.79

Social Links


Key Executives

  • Mr. Rene F. Jones CPA (Age 57)
    Chairman & CEO
    Comp: $2.62M
  • Mr. Richard S. Gold (Age 61)
    Pres & COO
    Comp: $1.83M
  • Mr. Darren J. King (Age 52)
    Sr. EVP & CFO
    Comp: $1.59M
  • Mr. Kevin J. PearsonMr. Kevin J. Pearson (Age 60)
    Vice Chairman
    Comp: $1.83M
  • Ms. Doris Powers Meister (Age 66)
    Sr. Exec. VP of Wealth & Institutional Services
    Comp: $1.61M
  • Mr. Michael R. Spychala
    Sr. VP, Controller & Principal Accounting Officer
  • Mr. Michael A. Wisler
    Sr. VP & Chief Information Officer
  • Mr. Brian Paul Klock
    Sr. VP and Head of Markets & Investor Relations
  • Ms. Marianne E. Roche
    Chief Regulatory Counsel & Enterprise Compliance Risk Mang.
  • Ms. Laura P. O'Hara
    Sr. EVP & Gen. Counsel













MTB Stock - Frequently Asked Questions

Should I buy or sell M&T Bank stock right now?

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for M&T Bank in the last year. There are currently 6 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" MTB shares.
View MTB analyst ratings
or view top-rated stocks.

What is M&T Bank's stock price forecast for 2023?

13 Wall Street analysts have issued twelve-month price objectives for M&T Bank's stock. Their MTB share price forecasts range from $170.00 to $255.00. On average, they predict the company's stock price to reach $199.92 in the next year. This suggests a possible upside of 16.1% 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 2022?

M&T Bank's stock was trading at $153.58 at the beginning of the year. Since then, MTB shares have increased by 12.1% and is now trading at $172.14.
View the best growth stocks for 2022 here
.

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

The company is scheduled to release its next quarterly earnings announcement on Thursday, January 19th 2023.
View our MTB earnings forecast
.

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

M&T Bank Co. (NYSE:MTB) announced its earnings results on Wednesday, October, 19th. The financial services provider reported $3.83 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $4.21 by $0.38. The financial services provider earned $2.24 billion during the quarter, compared to the consensus estimate of $2.29 billion. M&T Bank had a net margin of 22.80% and a trailing twelve-month return on equity of 10.74%. During the same quarter last year, the firm posted $3.76 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 declared a quarterly dividend on Tuesday, November 15th. Shareholders of record on Thursday, December 1st will be paid a dividend of $1.20 per share on Friday, December 30th. This represents a $4.80 annualized dividend and a yield of 2.79%. The ex-dividend date is Wednesday, November 30th.
Read our dividend analysis for MTB
.

Is M&T Bank a good dividend stock?

M&T Bank (NYSE:MTB) pays an annual dividend of $4.80 per share and currently has a dividend yield of 2.79%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 45.28%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, MTB will have a dividend payout ratio of 24.77% 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 share buyback plan on Tuesday, July 19th 2022, which authorizes the company to buyback $3,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to purchase up to 9.7% of its stock through open market purchases. Stock buyback plans are usually a sign that the company's board 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 many different retail and institutional investors. Top institutional investors include Vanguard Group Inc. (11.87%), BlackRock Inc. (7.66%), State Street Corp (4.59%), Barrow Hanley Mewhinney & Strauss LLC (1.53%), M&T Bank Corp (1.08%) and Dimensional Fund Advisors LP (0.97%). 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 $172.14.

How much money does M&T Bank make?

M&T Bank (NYSE:MTB) has a market capitalization of $29.71 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 $10.60 on an earnings per share basis.

How many employees does M&T Bank have?

The company employs 17,569 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 11/26/2022 by MarketBeat.com Staff