M&T Bank (MTB) Stock Price, News & Analysis

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for M&T Bank in the last year. There are currently 9 hold ratings and 6 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.

15 Wall Street analysts have issued twelve-month price targets for M&T Bank's shares. Their MTB share price targets range from $133.65 to $179.00. On average, they anticipate the company's share price to reach $156.92 in the next year. This suggests a possible upside of 11.3% from the stock's current price.
View analysts price targets for MTB or view top-rated stocks among Wall Street analysts.

M&T Bank's stock was trading at $137.08 on January 1st, 2024. Since then, MTB shares have increased by 2.8% and is now trading at $140.94.
View the best growth stocks for 2024 here.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, July 17th 2024.
View our MTB earnings forecast.

M&T Bank Co. (NYSE:MTB) issued its earnings results on Monday, April, 15th. The financial services provider reported $3.02 EPS for the quarter, missing analysts' consensus estimates of $3.13 by $0.11. The financial services provider had revenue of $2.26 billion for the quarter, compared to the consensus estimate of $2.26 billion. M&T Bank had a net margin of 21.49% and a trailing twelve-month return on equity of 11.59%. During the same period last year, the company posted $4.09 EPS.
Read the conference call transcript.

M&T Bank announced a quarterly dividend on Wednesday, February 21st. Investors of record on Monday, March 4th will be given a dividend of $1.30 per share on Friday, March 29th. This represents a $5.20 dividend on an annualized basis and a yield of 3.69%. The ex-dividend date is Friday, March 1st.
Read our dividend analysis for MTB.

M&T Bank (NYSE:MTB) pays an annual dividend of $5.20 per share and currently has a dividend yield of 3.86%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 32.95%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, MTB will have a dividend payout ratio of 32.44% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for MTB.

ETFs with the largest weight of M&T Bank (NYSE:MTB) stock in their portfolio include iShares U.S. Regional Banks ETF (IAT), First Trust Nasdaq Bank ETF (FTXO), Invesco KBW Bank ETF (KBWB), Proshares Equities For Rising Rates ETF (EQRR), Sound Equity Dividend Income ETF (DIVY), Sound Equity Income ETF (SDEI), SPDR S&P Regional Banking ETF (KRE) and JPMorgan Equity Focus ETF (JPEF).

M&T Bank declared that its board has approved a share buyback plan on Tuesday, July 19th 2022, which authorizes the company to buyback $3,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to purchase up to 9.7% of its stock through open market purchases. Stock buyback plans are often a sign that the company's board believes its shares are undervalued.

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.

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's stock is owned by many different retail and institutional investors. Top institutional investors include Los Angeles Capital Management LLC (0.25%), Matrix Asset Advisors Inc. NY (0.06%), Reinhart Partners LLC. (0.05%), Sound Income Strategies LLC (0.05%), O Keefe Stevens Advisory Inc. (0.02%) and Courier Capital LLC (0.02%). Insiders that own company stock include Christopher E Kay, D Scott N Warman, Daryl N Bible, David K Norton, Doris P Meister, Edna Jennifer Warren, Gary N Geisel, George P Carter, Jeffrey J Tengel, Jerry Franklin, John P Barnes, Kevin J Pearson, Kirk W Walters, Lee C Powlus, Mark F Herron, Michael J Todaro, Michele D Trolli, Paul J Hennessy, R David Rosato, Robert J Bojdak and Rudina Seseri.
View institutional ownership trends.

Shares of MTB stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.