M&T Bank Stock Forecast, Price & News

9 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for M&T Bank in the last year. There are currently 1 sell rating, 4 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" M&T Bank stock. 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 analyst ratings for M&T Bank or view top-rated stocks.

Wall Street analysts have given M&T Bank a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but M&T Bank wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

M&T Bank is scheduled to release its next quarterly earnings announcement on Wednesday, July 21st 2021.
View our earnings forecast for M&T Bank.

M&T Bank will be holding an earnings conference call on Wednesday, July 21st at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 404-537-3406 with passcode "1338608".

M&T Bank Co. (NYSE:MTB) announced its quarterly earnings results on Sunday, April, 18th. The financial services provider reported $3.33 EPS for the quarter, beating analysts' consensus estimates of $3.00 by $0.33. The financial services provider earned $1.49 billion during the quarter, compared to analyst estimates of $1.49 billion. M&T Bank had a net margin of 24.89% and a trailing twelve-month return on equity of 10.39%. During the same period in the previous year, the business earned $1.93 earnings per share.
View M&T Bank's earnings history.

M&T Bank's stock was trading at $111.18 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, MTB stock has increased by 32.8% and is now trading at $147.65.
View which stocks have been most impacted by COVID-19.

M&T Bank announced a quarterly dividend on Tuesday, May 18th. Shareholders of record on Tuesday, June 1st will be given a dividend of $1.10 per share on Wednesday, June 30th. This represents a $4.40 annualized dividend and a dividend yield of 2.98%. The ex-dividend date of this dividend is Friday, May 28th.
View M&T Bank's dividend history.

M&T Bank pays an annual dividend of $4.40 per share and currently has a dividend yield of 3.08%. M&T Bank does not yet have a strong track record of dividend growth. The dividend payout ratio of M&T Bank is 43.91%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, M&T Bank will have a dividend payout ratio of 34.87% next year. This indicates that M&T Bank will be able to sustain or increase its dividend.
View M&T Bank's dividend history.

M&T Bank declared that its board has authorized a stock buyback plan on Wednesday, January 20th 2021, which authorizes the company to buyback $800,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to reacquire up to 4.3% of its shares through open market purchases. Shares buyback plans are typically an indication that the company's leadership believes its shares are undervalued.

9 analysts have issued 1 year price objectives for M&T Bank's stock. Their forecasts range from $111.00 to $180.00. On average, they expect M&T Bank's share price to reach $159.83 in the next year. This suggests a possible upside of 8.3% from the stock's current price.
View analysts' price targets for M&T Bank or view top-rated stocks among Wall Street analysts.

160 employees have rated M&T Bank CEO Rene F Jones on Glassdoor.com. Rene F Jones has an approval rating of 86% among M&T Bank's employees.

Some companies that are related to M&T Bank include The PNC Financial Services Group (PNC), Truist Financial (TFC), First Republic Bank (FRC), SVB Financial Group (SIVB), Fifth Third Bancorp (FITB), KeyCorp (KEY), Regions Financial (RF), Huntington Bancshares (HBAN), Signature Bank (SBNY), East West Bancorp (EWBC), Western Alliance Bancorporation (WAL), First Horizon (FHN), Zions Bancorporation, National Association (ZION), Commerce Bancshares (CBSH) and First Citizens BancShares (FCNCA).
View all of MTB's competitors.

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).

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

M&T Bank's stock is owned by a number of retail and institutional investors. Top institutional investors include BlackRock Inc. (7.89%), JPMorgan Chase & Co. (3.29%), Geode Capital Management LLC (1.83%), Northern Trust Corp (1.09%), Loomis Sayles & Co. L P (0.99%) and Amundi Asset Management US Inc. (0.92%). Company insiders that own M&T Bank stock include D Scott N Warman, Darren J King, Denis J Salamone, Doris P Meister, John L Dangelo, Michael J Todaro, Michele D Trolli, Richard S Gold 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 Principal Financial Group Inc., Principal Financial Group Inc., BlackRock Inc., Allianz Asset Management GmbH, Nuveen Asset Management LLC, Loomis Sayles & Co. L P, M&G Investment Management Ltd., and Mitsubishi UFJ Trust & Banking Corp. Company insiders that have sold M&T Bank company stock in the last year include D Scott N Warman, Denis J Salamone, Doris P Meister, and Michele D Trolli.
View insider buying and selling activity for M&T Bank or view top insider-selling stocks.

MTB stock was bought by a variety of institutional investors in the last quarter, including Select Equity Group L.P., Amundi Asset Management US Inc., Los Angeles Capital Management LLC, JPMorgan Chase & Co., Royal Bank of Canada, Absher Wealth Management LLC, NFJ Investment Group LLC, and Brandywine Global Investment Management LLC.
View insider buying and selling activity for M&T Bank or or view top insider-buying stocks.

Shares of MTB 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.

One share of MTB stock can currently be purchased for approximately $147.65.

M&T Bank has a market capitalization of $19.00 billion and generates $6.28 billion in revenue each year. The financial services provider earns $1.35 billion in net income (profit) each year or $10.02 on an earnings per share basis.

M&T Bank employs 17,373 workers across the globe.

M&T Bank was founded in 1856.

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

M&T Bank is headquartered at ONE M&T PLAZA, BUFFALO NY, 14203.

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]