M&T Bank Stock Forecast, Price & News

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for M&T Bank in the last twelve months. There are currently 1 sell rating, 6 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street 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.

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M&T Bank is scheduled to release its next quarterly earnings announcement on Thursday, October 28th 2021.
View our earnings forecast for M&T Bank.

M&T Bank Co. (NYSE:MTB) announced its quarterly earnings data on Tuesday, July, 20th. The financial services provider reported $3.41 earnings per share for the quarter, missing the consensus estimate of $3.70 by $0.29. The financial services provider had revenue of $1.46 billion for the quarter, compared to the consensus estimate of $1.49 billion. M&T Bank had a net margin of 28.58% and a trailing twelve-month return on equity of 11.70%. During the same quarter in the previous year, the company earned $1.76 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 COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, MTB stock has increased by 23.7% and is now trading at $137.51.
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M&T Bank declared a quarterly dividend on Tuesday, August 17th. Investors of record on Wednesday, September 1st will be paid a dividend of $1.10 per share on Thursday, September 30th. This represents a $4.40 dividend on an annualized basis and a dividend yield of 3.20%. The ex-dividend date of this dividend is Tuesday, August 31st.
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 3.21%. 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 35.63% 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 of Directors has authorized a share buyback plan on Wednesday, January 20th 2021, which permits the company to buyback $800,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to purchase up to 4.3% of its stock through open market purchases. Stock buyback plans are generally a sign that the company's board believes its shares are undervalued.

12 brokers have issued 1 year price objectives for M&T Bank's shares. Their forecasts range from $128.68 to $175.00. On average, they expect M&T Bank's share price to reach $158.23 in the next twelve months. This suggests a possible upside of 15.1% 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), Huntington Bancshares (HBAN), KeyCorp (KEY), Regions Financial (RF), Signature Bank (SBNY), East West Bancorp (EWBC), Western Alliance Bancorporation (WAL), Zions Bancorporation, National Association (ZION), First Horizon (FHN), First Citizens BancShares (FCNCA) and Commerce Bancshares (CBSH).
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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 many different institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (11.01%), BlackRock Inc. (8.03%), FMR LLC (7.38%), State Street Corp (5.64%), JPMorgan Chase & Co. (3.66%) and Invesco Ltd. (3.40%). Company insiders that own M&T Bank stock include D Scott N Warman, Darren J King, Denis J Salamone, Doris P Meister, Michele D Trolli and Richard S Gold.
View institutional ownership trends for M&T Bank.

MTB stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Balyasny Asset Management LLC, Vontobel Asset Management Inc., Principal Financial Group Inc., Invesco Ltd., AQR Capital Management LLC, Royal Bank of Canada, and Wells Fargo & Company MN. Company insiders that have sold M&T Bank company stock in the last year include D Scott N Warman, Denis J Salamone, and Michele D Trolli.
View insider buying and selling activity for M&T Bank or view top insider-selling stocks.

MTB stock was acquired by a variety of institutional investors in the last quarter, including Amundi, JPMorgan Chase & Co., Border to Coast Pensions Partnership Ltd, Bank of America Corp DE, Bank of America Corp DE, Millennium Management LLC, Marathon Asset Management LLP, and Charles Schwab Investment Management Inc..
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.
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One share of MTB stock can currently be purchased for approximately $137.51.

M&T Bank has a market capitalization of $17.69 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]