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NYSE:MTB

M&T Bank Stock Forecast, Price & News

$157.06
-1.57 (-0.99%)
(As of 07/6/2022 12:00 AM ET)
Add
Compare
Today's Range
$154.50
$158.15
50-Day Range
$157.06
$180.80
52-Week Range
$128.46
$186.95
Volume
1.59 million shs
Average Volume
1.51 million shs
Market Capitalization
$28.18 billion
P/E Ratio
12.00
Dividend Yield
3.03%
Price Target
$193.31

M&T Bank MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.57 Rating Score
Upside/​Downside
23.1% Upside
$193.31 Price Target
Short Interest
Healthy
1.79% of Shares Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-0.42
Upright™ Environmental Score
News Sentiment
0.51mentions of M&T Bank in the last 14 days
Based on 16 Articles This Week
Insider Trading
Selling Shares
$1.34 M Sold Last Quarter
Proj. Earnings Growth
27.33%
From $14.60 to $18.59 Per Share

Overall MarketRank

MarketRank is calculated as 30% analysis score, 20% valuation score, 10% short interest score, 10% dividend score, 10% sustainability score, 10% news and social score, and 10% insider trading score.

3.03 out of 5 stars

Finance Sector

38th out of 1,396 stocks

State Commercial Banks Industry

8th out of 243 stocks

30 days | 90 days | 365 days | Advanced Chart

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M&T Bank 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.

MTB Stock News Headlines

On The Lookout: DeWitt bank robber
M&T Bank (NYSE:MTB) Stock Rating Upgraded by Robert W. Baird
Analysts Set M&T Bank Co. (NYSE:MTB) PT at $196.15
Analysts Set M&T Bank Co. (NYSE:MTB) Price Target at $196.15
Emprise Bank names local banking veteran as CFO
MTB Crosses Below Key Moving Average Level
See More Headlines

Industry, Sector and Symbol

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

Company Calendar

Last Earnings
4/20/2022
Ex-Dividend for 6/30 Dividend
5/31/2022
Dividend Payable
6/30/2022
Today
7/06/2022
Next Earnings (Confirmed)
7/20/2022
Fiscal Year End
12/31/2022

Price Target and Rating

Average Stock Price Forecast
$193.31
High Stock Price Forecast
$238.00
Low Stock Price Forecast
$128.68
Forecasted Upside/Downside
+23.1%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.57142857142857
Research Coverage
14 Analysts

Profitability

Net Income
$1.86 billion
Pretax Margin
38.63%

Debt

Sales & Book Value

Annual Sales
$6.11 billion
Cash Flow
$16.98 per share
Book Value
$125.53 per share

Miscellaneous

Free Float
178,107,000
Market Cap
$28.18 billion
Optionable
Optionable
Beta
0.89

Social Links















M&T Bank Frequently Asked Questions

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

14 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for M&T Bank in the last year. There are currently 6 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" M&T Bank stock.
View analyst ratings for M&T Bank
or view top-rated stocks.

What is M&T Bank's stock price forecast for 2022?

14 analysts have issued twelve-month price targets for M&T Bank's shares. Their MTB stock forecasts range from $128.68 to $238.00. On average, they expect M&T Bank's share price to reach $193.31 in the next year. This suggests a possible upside of 23.1% from the stock's current price.
View analysts' price targets for M&T Bank
or view top-rated stocks among Wall Street analysts.

How has M&T Bank's stock performed in 2022?

M&T Bank's stock was trading at $153.58 at the start of the year. Since then, MTB stock has increased by 2.3% and is now trading at $157.06.
View the best growth stocks for 2022 here
.

Are investors shorting M&T Bank?

M&T Bank saw a decrease in short interest during the month of June. As of June 15th, there was short interest totaling 3,220,000 shares, a decrease of 19.5% from the May 31st total of 4,000,000 shares. Based on an average daily volume of 1,530,000 shares, the days-to-cover ratio is currently 2.1 days.
View M&T Bank's Short Interest
.

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

M&T Bank is scheduled to release its next quarterly earnings announcement on Wednesday, July 20th 2022.
View our earnings forecast for M&T Bank
.

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

M&T Bank will be holding an earnings conference call on Wednesday, July 20th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 402-220-5380.

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

M&T Bank Co. (NYSE:MTB) posted its quarterly earnings results on Wednesday, April, 20th. The financial services provider reported $2.73 earnings per share for the quarter, topping analysts' consensus estimates of $2.26 by $0.47. The financial services provider had revenue of $1.45 billion for the quarter, compared to the consensus estimate of $1.43 billion. M&T Bank had a trailing twelve-month return on equity of 11.45% and a net margin of 29.31%. During the same period in the prior year, the business posted $3.41 earnings per share.
View M&T Bank's earnings history
.

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, May 17th. Investors of record on Wednesday, June 1st will be paid a dividend of $1.20 per share on Thursday, June 30th. This represents a $4.80 annualized dividend and a yield of 3.06%. The ex-dividend date is Tuesday, May 31st.
View M&T Bank's dividend history
.

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 3.03%. M&T Bank does not yet have a strong track record of dividend growth. The dividend payout ratio of M&T Bank is 36.67%. 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 25.82% next year. This indicates that M&T Bank will be able to sustain or increase its dividend.
View M&T Bank's dividend history.

How will M&T Bank's stock buyback program work?

M&T Bank announced that its board has approved a stock buyback plan on Tuesday, February 22nd 2022, which authorizes the company to repurchase $800,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to reacquire up to 3.4% of its stock through open market purchases. Stock repurchase plans are usually a sign that the company's management believes its shares are undervalued.

Who are M&T Bank's key executives?

M&T Bank's management team includes the following people:
  • Mr. Rene F. Jones CPA, Chairman & CEO (Age 57, Pay $2.62M)
  • Mr. Richard S. Gold, Pres & COO (Age 61, Pay $1.83M)
  • Mr. Darren J. King, Sr. EVP & CFO (Age 52, Pay $1.59M)
  • Mr. Kevin J. Pearson, Vice Chairman (Age 60, Pay $1.83M) (LinkedIn Profile)
  • Ms. Doris Powers Meister, Exec. VP of Wealth & Institutional Services (Age 66, Pay $1.61M)
  • Mr. Michael R. Spychala, Sr. VP, Controller & Principal Accounting 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
  • Mr. Francesco Lagutaine, Sr. VP and Chief Marketing & Communications Officer

What is Rene F Jones' approval rating as M&T Bank's CEO?

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.

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 Farmer Steven Patrick (0.06%), Bard Financial Services Inc. (0.01%), Somerset Trust Co (0.00%) and Neville Rodie & Shaw Inc. (0.00%). Company insiders that own M&T Bank stock include Christopher E Kay, D Scott N Warman, Darren J King, Denis J Salamone, Doris P Meister, John L Dangelo, Kevin J Pearson, Michael J Todaro, Michele D Trolli, Richard S Gold, Robert J Bojdak and William J Farrell II.
View institutional ownership trends for M&T Bank
.

Which institutional investors are selling M&T Bank stock?

MTB stock was sold by a variety of institutional investors in the last quarter, including Somerset Trust Co. Company insiders that have sold M&T Bank company stock in the last two years include Christopher E Kay, D Scott N Warman, Denis J Salamone, Doris P Meister, Kevin J Pearson, Michele D Trolli, and Robert J Bojdak.
View insider buying and selling activity for M&T Bank
or view top insider-selling stocks.

Which institutional investors are buying M&T Bank stock?

MTB stock was purchased by a variety of institutional investors in the last quarter, including Farmer Steven Patrick, Bard Financial Services Inc., and Neville Rodie & Shaw Inc..
View insider buying and selling activity for M&T Bank
or or view top insider-buying stocks.

How do I buy shares of 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 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 $157.06.

How much money does M&T Bank make?

M&T Bank (NYSE:MTB) has a market capitalization of $28.18 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 $13.09 on an earnings per share basis.

How many employees does M&T Bank have?

M&T Bank employs 17,569 workers across the globe.

When was M&T Bank founded?

M&T Bank was founded in 1856.

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 M&T Bank 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 7/6/2022 by MarketBeat.com Staff

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