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

M&T Bank trades on the New York Stock Exchange (NYSE) under the ticker symbol "MTB."

M&T Bank declared a quarterly dividend on Tuesday, November 19th. Stockholders of record on Monday, December 2nd will be given a dividend of $1.10 per share on Tuesday, December 31st. This represents a $4.40 annualized dividend and a dividend yield of 2.64%. The ex-dividend date of this dividend is Friday, November 29th. This is an increase from M&T Bank's previous quarterly dividend of $1.00. View M&T Bank's Dividend History.

M&T Bank declared that its board has approved a share repurchase program on Wednesday, February 21st 2018, which permits the company to repurchase $745,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to repurchase up to 2.8% of its stock through open market purchases. Stock repurchase programs are often a sign that the company's management believes its stock is undervalued.

M&T Bank Co. (NYSE:MTB) released its quarterly earnings data on Thursday, January, 23rd. The financial services provider reported $3.60 earnings per share for the quarter, beating analysts' consensus estimates of $3.47 by $0.13. The financial services provider earned $1.53 billion during the quarter, compared to the consensus estimate of $1.52 billion. M&T Bank had a net margin of 27.79% and a return on equity of 13.37%. During the same period in the prior year, the firm posted $3.79 earnings per share. View M&T Bank's Earnings History.

M&T Bank is scheduled to release their next quarterly earnings announcement on Monday, April 20th 2020. View Earnings Estimates for M&T Bank.

16 brokerages have issued twelve-month price targets for M&T Bank's stock. Their forecasts range from $158.00 to $200.00. On average, they expect M&T Bank's share price to reach $173.29 in the next twelve months. This suggests a possible upside of 3.9% from the stock's current price. View Analyst Price Targets for M&T Bank.

16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for M&T Bank in the last year. There are currently 1 sell rating, 12 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for M&T Bank.

News headlines about MTB stock have trended very negative on Wednesday, according to InfoTrie. The research firm rates the sentiment of news coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. M&T Bank earned a media sentiment score of -3.8 on InfoTrie's scale. They also assigned media coverage about the financial services provider a news buzz of 8.0 out of 10, meaning that recent news coverage is very likely to have an impact on the company's share price in the immediate future. View News Stories for M&T Bank.

Some companies that are related to M&T Bank include PNC Financial Services Group (PNC), Truist Financial (TFC), SunTrust Banks (STI), Fifth Third Bancorp (FITB), First Republic Bank (FRC), KeyCorp (KEY), Regions Financial (RF), Huntington Bancshares (HBAN), SVB Financial Group (SIVB), Commerce Bancshares (CBSH), Signature Bank (SBNY), Zions Bancorporation NA (ZION), East West Bancorp (EWBC), TCF Financial (TCF) and Western Alliance Bancorporation (WAL).

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), Verizon Communications (VZ), Bank of America (BAC), The Coca-Cola (KO), Pfizer (PFE), Johnson & Johnson (JNJ) and JPMorgan Chase & Co. (JPM).

M&T Bank's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include State Street Corp (4.72%), FMR LLC (4.72%), Goldman Sachs Group Inc. (0.80%), M&T Bank Corp (0.79%), Principal Financial Group Inc. (0.70%) and Bank of New York Mellon Corp (0.68%). 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 E Sadler Jr, Robert J Bojdak, Sabeth Siddique and William J Farrell II. View Institutional Ownership Trends for M&T Bank.

MTB stock was sold by a variety of institutional investors in the last quarter, including PGGM Investments, Hexavest Inc., Janus Henderson Group PLC, PNC Financial Services Group Inc., Bank of New York Mellon Corp, Alliancebernstein L.P., Acadian Asset Management LLC and Goldman Sachs Group 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, John L Dangelo, Michele D Trolli, Richard S Gold, Robert J Bojdak and William J Farrell II. View Insider Buying and Selling for M&T Bank.

MTB stock was purchased by a variety of institutional investors in the last quarter, including Pendal Group Ltd, M&G Investment Management Ltd., Anchor Capital Advisors LLC, AQR Capital Management LLC, FMR LLC, Loomis Sayles & Co. L P, Strycker View Capital LLC and Strs Ohio. View Insider Buying and Selling for 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.

One share of MTB stock can currently be purchased for approximately $166.80.

M&T Bank has a market capitalization of $22.01 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 17,267 workers across the globe.View Additional Information About M&T Bank.

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

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]