S&P 500   3,970.99
DOW   32,237.53
QQQ   310.89
Closing prices for crude oil, gold and other commodities
Bank Accounts: Frozen! (Ad)
MarketBeat Week in Review – 3/20 - 3/24
Jet pitched wildly, killing 1, amid cockpit warnings: NTSB
Free Stock Analysis Report: Invest Smarter With Powerful Data (Ad)pixel
Bank failures and rescue test Yellen's decades of experience
Germany, EU reach agreement in combustion engine row
Modern Day Options Trading For Beginners! (Ad)pixel
Intel co-founder, philanthropist Gordon Moore dies at 94
'What can we do?': Millions in African countries need power
S&P 500   3,970.99
DOW   32,237.53
QQQ   310.89
Closing prices for crude oil, gold and other commodities
Bank Accounts: Frozen! (Ad)
MarketBeat Week in Review – 3/20 - 3/24
Jet pitched wildly, killing 1, amid cockpit warnings: NTSB
Free Stock Analysis Report: Invest Smarter With Powerful Data (Ad)pixel
Bank failures and rescue test Yellen's decades of experience
Germany, EU reach agreement in combustion engine row
Modern Day Options Trading For Beginners! (Ad)pixel
Intel co-founder, philanthropist Gordon Moore dies at 94
'What can we do?': Millions in African countries need power
S&P 500   3,970.99
DOW   32,237.53
QQQ   310.89
Closing prices for crude oil, gold and other commodities
Bank Accounts: Frozen! (Ad)
MarketBeat Week in Review – 3/20 - 3/24
Jet pitched wildly, killing 1, amid cockpit warnings: NTSB
Free Stock Analysis Report: Invest Smarter With Powerful Data (Ad)pixel
Bank failures and rescue test Yellen's decades of experience
Germany, EU reach agreement in combustion engine row
Modern Day Options Trading For Beginners! (Ad)pixel
Intel co-founder, philanthropist Gordon Moore dies at 94
'What can we do?': Millions in African countries need power
S&P 500   3,970.99
DOW   32,237.53
QQQ   310.89
Closing prices for crude oil, gold and other commodities
Bank Accounts: Frozen! (Ad)
MarketBeat Week in Review – 3/20 - 3/24
Jet pitched wildly, killing 1, amid cockpit warnings: NTSB
Free Stock Analysis Report: Invest Smarter With Powerful Data (Ad)pixel
Bank failures and rescue test Yellen's decades of experience
Germany, EU reach agreement in combustion engine row
Modern Day Options Trading For Beginners! (Ad)pixel
Intel co-founder, philanthropist Gordon Moore dies at 94
'What can we do?': Millions in African countries need power
NYSE:MTB

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

$114.93
+2.56 (+2.28%)
(As of 03/24/2023 12:00 AM ET)
Add
Compare
Today's Range
$110.00
$115.65
50-Day Range
$112.37
$161.33
52-Week Range
$110.00
$193.42
Volume
3.07 million shs
Average Volume
2.75 million shs
Market Capitalization
$19.31 billion
P/E Ratio
9.98
Dividend Yield
4.52%
Price Target
$182.18

M&T Bank MarketRank™ Forecast

Analyst Rating
Hold
2.47 Rating Score
Upside/​Downside
58.6% Upside
$182.24 Price Target
Short Interest
Healthy
1.32% of Shares Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-0.42
Upright™ Environmental Score
News Sentiment
0.01mentions of M&T Bank in the last 14 days
Based on 20 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
2.76%
From $18.09 to $18.59 Per Share

Overall MarketRank

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

3.56 out of 5 stars

Finance Sector

9th out of 868 stocks

State Commercial Banks Industry

2nd out of 179 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

Receive MTB Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for M&T Bank and its competitors with MarketBeat's FREE daily newsletter.

MTB Stock News Headlines

BREAKING: Tiny biotech successfully treats blindness
There's a tiny biotech in Cambridge that's using a breakthrough technology to treat blindness. This company has already shown success in human trials... And Our research shows that anyone who gets in today could see a 46,751% return.
3 Regional Bank Buys For Income Investors
Buy THIS stock before Taiwan is attacked
... If the United States goes to war with another nuclear armed superpower, this could have a devastating impact on your retirement portfolio. Now, even Taiwan's own foreign minister is saying that China is on the cusp of a full scale invasion. But the good news is, if China invades Taiwan, there is a way to protect yourself.
How This Non-Silicon Valley Bank Managed Its Deposits
Bank Stocks: Valuation a New Worry, Bank Run Risk Dims
25 Largest Banks in the US by Asset Size
M&T Bank's Stock Is Starting to Turn the Corner
See More Headlines
Receive MTB Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for M&T Bank and its competitors with MarketBeat's FREE daily newsletter.

MTB Company Calendar

Ex-Dividend for 12/30 Dividend
11/30/2022
Dividend Payable
12/30/2022
Last Earnings
1/19/2023
Ex-Dividend for 3/31 Dividend
3/03/2023
Today
3/25/2023
Dividend Payable
3/31/2023
Next Earnings (Confirmed)
4/17/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
State commercial banks
Sub-Industry
Regional Banks
Sector
Finance
CUSIP
55261F10
Employees
22,808
Year Founded
1856

Price Target and Rating

Average Stock Price Forecast
$182.24
High Stock Price Forecast
$212.00
Low Stock Price Forecast
$160.00
Forecasted Upside/Downside
+58.5%
Consensus Rating
Hold
Rating Score (0-4)
2.47
Research Coverage
16 Analysts

Profitability

Net Income
$1.99 billion
Pretax Margin
30.35%

Debt

Sales & Book Value

Annual Sales
$8.60 billion
Cash Flow
$15.14 per share
Book Value
$135.03 per share

Miscellaneous

Free Float
166,414,000
Market Cap
$19.31 billion
Optionable
Optionable
Beta
0.82

Social Links


Key Executives

  • René F. Jones
    Chairman & Chief Executive Officer
  • Richard S. Gold
    President & Chief Operating Officer
  • Darren J. King
    Chief Financial Officer & Senior Executive VP
  • Michael Wisler
    Senior Executive VP & Chief Information Officer
  • Michael J. TodaroMichael J. Todaro
    Chief Risk Officer & Senior Executive VP













MTB Stock - Frequently Asked Questions

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

16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for M&T Bank in the last twelve months. There are currently 9 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street 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?

16 equities research analysts have issued twelve-month target prices for M&T Bank's shares. Their MTB share price forecasts range from $160.00 to $212.00. On average, they predict the company's share price to reach $182.24 in the next year. This suggests a possible upside of 58.6% 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 the year. Since then, MTB shares have decreased by 20.8% and is now trading at $114.93.
View the best growth stocks for 2023 here
.

Are investors shorting M&T Bank?

M&T Bank saw a drop in short interest in the month of February. As of February 15th, there was short interest totaling 2,230,000 shares, a drop of 20.9% from the January 31st total of 2,820,000 shares. Based on an average daily volume of 1,330,000 shares, the days-to-cover ratio is presently 1.7 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 Monday, April 17th 2023.
View our MTB earnings forecast
.

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

M&T Bank will be holding an earnings conference call on Monday, April 17th at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 402-220-2676.

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

M&T Bank Co. (NYSE:MTB) released its quarterly earnings results on Thursday, January, 19th. The financial services provider reported $4.57 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $4.47 by $0.10. The financial services provider earned $2.51 billion during the quarter, compared to analysts' expectations of $2.37 billion. 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 prior year, the firm posted $3.37 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 announced a quarterly dividend on Wednesday, February 22nd. Stockholders of record on Monday, March 6th will be given a dividend of $1.30 per share on Friday, March 31st. This represents a $5.20 dividend on an annualized basis and a dividend yield of 4.52%. The ex-dividend date is Friday, March 3rd. This is a boost from the stock's previous quarterly dividend of $1.20.
Read our dividend analysis for MTB
.

Is M&T Bank a good dividend stock?

M&T Bank (NYSE:MTB) pays an annual dividend of $5.20 per share and currently has a dividend yield of 4.08%. MTB has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 45.14%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, MTB will have a dividend payout ratio of 27.97% 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 stock buyback program on Tuesday, July 19th 2022, which permits the company to repurchase $3,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to repurchase up to 9.7% of its stock through open market purchases. Stock repurchase programs are often an indication that the company's leadership 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 number of retail and institutional investors. Top institutional shareholders include JPMorgan Chase & Co. (3.20%), Charles Schwab Investment Management Inc. (2.15%), Geode Capital Management LLC (2.02%), Morgan Stanley (1.73%), Wells Fargo & Company MN (1.72%) and Barrow Hanley Mewhinney & Strauss LLC (1.44%). 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 $114.93.

How much money does M&T Bank make?

M&T Bank (NYSE:MTB) has a market capitalization of $19.31 billion and generates $8.60 billion in revenue each year. The financial services provider earns $1.99 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 22,808 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 3/25/2023 by MarketBeat.com Staff