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NYSE:MTB

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

$159.91
+2.13 (+1.35%)
(As of 02/7/2023 12:58 PM ET)
Add
Compare
Today's Range
$156.90
$159.95
50-Day Range
$140.05
$170.92
52-Week Range
$138.43
$193.42
Volume
427,765 shs
Average Volume
1.36 million shs
Market Capitalization
$27.60 billion
P/E Ratio
13.88
Dividend Yield
3.02%
Price Target
$182.32

M&T Bank MarketRank™ Forecast

Analyst Rating
Hold
2.47 Rating Score
Upside/​Downside
14.9% Upside
$182.32 Price Target
Short Interest
Healthy
1.63% of Shares Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-0.42
Upright™ Environmental Score
News Sentiment
0.03mentions of M&T Bank in the last 14 days
Based on 13 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
2.65%
From $18.09 to $18.57 Per Share

Overall MarketRank

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

3.10 out of 5 stars

Finance Sector

29th out of 850 stocks

State Commercial Banks Industry

4th out of 177 stocks

MTB stock logo

About M&T Bank (NYSE:MTB) Stock

M&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 substan

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MTB Stock News Headlines

M&T Bank Corp Preferred Series H (MTB_ph)
Apple, Amazon, and Walmart are Investing in Solar Energy
The global market for solar energy is expected to be worth an astronomical $1 trillion by the end of 2028, with increasing adoption of solar by commercial, non-profit, and public entities. Even Fortune 500 companies such as Apple, Amazon, and Walmart are investing in solar to help save money over the long term. So it's little wonder solar is also becoming one of the fastest growing sectors in the U.S. stock market.
Analysts Set M&T Bank Co. (NYSE:MTB) Target Price at $182.32
Apple, Amazon, and Walmart are Investing in Solar Energy
The global market for solar energy is expected to be worth an astronomical $1 trillion by the end of 2028, with increasing adoption of solar by commercial, non-profit, and public entities. Even Fortune 500 companies such as Apple, Amazon, and Walmart are investing in solar to help save money over the long term. So it's little wonder solar is also becoming one of the fastest growing sectors in the U.S. stock market.
Wedbush Keeps Their Buy Rating on M&T Bank (MTB)
M&T Bank Corp. Q4 Profit Rises, but misses estimates
The Latest Analyst Ratings for M&T Bank
See More Headlines
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MTB Company Calendar

Ex-Dividend for 12/30 Dividend
11/30/2022
Dividend Payable
12/30/2022
Last Earnings
1/19/2023
Today
2/07/2023
Next Earnings (Estimated)
4/19/2023
Fiscal Year End
12/31/2023

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
$182.32
High Stock Price Forecast
$212.00
Low Stock Price Forecast
$160.00
Forecasted Upside/Downside
+14.0%
Consensus Rating
Hold
Rating Score (0-4)
2.47
Research Coverage
15 Analysts

Profitability

Net Income
$1.89 billion
Pretax Margin
30.35%

Debt

Sales & Book Value

Annual Sales
$8.60 billion
Cash Flow
$14.68 per share
Book Value
$135.03 per share

Miscellaneous

Free Float
171,353,000
Market Cap
$27.60 billion
Optionable
Optionable
Beta
0.81

Social Links


Key Executives

  • René F. Jones
    Chairman & Chief Executive Officer
  • Richard S. Gold
    President, Chief Operating Officer & Director
  • Darren J. King
    Chief Financial Officer & Senior Executive VP
  • Michele D. TrolliMichele D. Trolli
    EVP, Chief Technology & Operations Officer
  • Laura P. OHara
    Chief Legal Officer & Senior Executive VP













MTB Stock - Frequently Asked Questions

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

15 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for M&T Bank in the last year. There are currently 8 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street research 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?

15 equities research analysts have issued 1 year price targets for M&T Bank's stock. Their MTB share price forecasts range from $160.00 to $212.00. On average, they predict the company's stock price to reach $182.32 in the next year. This suggests a possible upside of 15.6% 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 2023. Since then, MTB shares have increased by 8.8% and is now trading at $157.78.
View the best growth stocks for 2023 here
.

Are investors shorting M&T Bank?

M&T Bank saw a decrease in short interest in the month of January. As of January 15th, there was short interest totaling 2,820,000 shares, a decrease of 27.9% from the December 31st total of 3,910,000 shares. Based on an average daily trading volume, of 1,440,000 shares, the short-interest ratio is currently 2.0 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 Wednesday, April 19th 2023.
View our MTB earnings forecast
.

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

M&T Bank Co. (NYSE:MTB) issued its earnings results on Thursday, January, 19th. The financial services provider reported $4.29 earnings per share for the quarter, missing the consensus estimate of $4.50 by $0.21. 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 previous year, the firm earned $3.37 earnings per share.
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 Tuesday, November 15th. Shareholders of record on Thursday, December 1st will be given a dividend of $1.20 per share on Friday, December 30th. This represents a $4.80 annualized dividend and a yield of 3.04%. 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 3.02%. The dividend payout ratio is 41.67%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, MTB will have a dividend payout ratio of 25.85% 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 announced that its Board of Directors has authorized a stock buyback program on Tuesday, July 19th 2022, which permits the company to buyback $3,000,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to reacquire up to 9.7% of its stock through open market purchases. Stock buyback programs are often an indication that the company's management 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 variety of retail and institutional investors. Top institutional investors include Pendal Group Ltd (0.52%), Sumitomo Mitsui Trust Holdings Inc. (0.30%), Bank of Montreal Can (0.22%), LGT Capital Partners LTD. (0.21%), Strs Ohio (0.17%) and Fenimore Asset Management Inc. (0.15%). 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 $157.78.

How much money does M&T Bank make?

M&T Bank (NYSE:MTB) has a market capitalization of $27.23 billion and generates $8.60 billion in revenue each year. The financial services provider earns $1.89 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 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 2/7/2023 by MarketBeat.com Staff