Representative Gilbert Ray Cisneros, Jr. (D-California) recently bought shares of M&T Bank Corporation (NYSE:MTB). In a filing disclosed on December 15th, the Representative disclosed that they had bought between $1,001 and $15,000 in M&T Bank stock on November 18th. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.
Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):
- Sold $1,001 – $15,000 in shares of Spotify Technology (NYSE:SPOT) on 11/26/2025.
- Sold $1,001 – $15,000 in shares of Alphabet (NASDAQ:GOOGL) on 11/26/2025.
- Purchased $1,001 – $15,000 in shares of First Watch Restaurant Group (NASDAQ:FWRG) on 11/26/2025.
- Purchased $1,001 – $15,000 in shares of TKO Group (NYSE:TKO) on 11/26/2025.
- Sold $1,001 – $15,000 in shares of RBC Bearings (NYSE:RBC) on 11/24/2025.
- Sold $1,001 – $15,000 in shares of Stifel Financial (NYSE:SF) on 11/24/2025.
- Purchased $1,001 – $15,000 in shares of Logan Energy (CVE:LGN) on 11/24/2025.
- Sold $1,001 – $15,000 in shares of Primoris Services (NASDAQ:PRIM) on 11/24/2025.
- Purchased $15,001 – $50,000 in shares of LandBridge (NYSE:LB) on 11/21/2025.
- Purchased $50,001 – $100,000 in shares of LandBridge (NYSE:LB) on 11/20/2025.
M&T Bank Stock Performance
Shares of M&T Bank stock opened at $205.96 on Friday. The company has a current ratio of 0.97, a quick ratio of 0.97 and a debt-to-equity ratio of 0.49. The stock’s fifty day moving average price is $189.14 and its 200-day moving average price is $191.97. The firm has a market cap of $31.65 billion, a P/E ratio of 12.68, a P/E/G ratio of 0.97 and a beta of 0.61. M&T Bank Corporation has a 12 month low of $150.75 and a 12 month high of $208.09.
M&T Bank Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Wednesday, December 31st. Shareholders of record on Monday, December 1st will be issued a $1.50 dividend. This represents a $6.00 annualized dividend and a dividend yield of 2.9%. The ex-dividend date is Monday, December 1st. M&T Bank’s dividend payout ratio is currently 36.95%.
Wall Street Analysts Forecast Growth
A number of research analysts have recently issued reports on the stock. Jefferies Financial Group lifted their price objective on shares of M&T Bank from $215.00 to $235.00 and gave the stock a “buy” rating in a research report on Monday, December 1st. Piper Sandler started coverage on M&T Bank in a report on Monday, October 6th. They set an “overweight” rating and a $225.00 price objective for the company. Keefe, Bruyette & Woods boosted their target price on M&T Bank from $220.00 to $230.00 and gave the stock a “market perform” rating in a research note on Wednesday. Cantor Fitzgerald began coverage on shares of M&T Bank in a research note on Wednesday, September 10th. They set an “overweight” rating and a $228.00 price objective for the company. Finally, Truist Financial downgraded M&T Bank from a “buy” rating to a “hold” rating and set a $217.00 target price for the company. in a report on Friday, December 12th. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, M&T Bank currently has an average rating of “Moderate Buy” and a consensus price target of $214.62.
View Our Latest Report on M&T Bank
Hedge Funds Weigh In On M&T Bank
A number of hedge funds and other institutional investors have recently made changes to their positions in MTB. Wealth Preservation Advisors LLC acquired a new position in shares of M&T Bank during the first quarter worth $25,000. WPG Advisers LLC bought a new stake in M&T Bank during the 1st quarter valued at $25,000. Golden State Wealth Management LLC grew its position in shares of M&T Bank by 2,214.3% during the 2nd quarter. Golden State Wealth Management LLC now owns 162 shares of the financial services provider’s stock valued at $31,000 after purchasing an additional 155 shares in the last quarter. Bank of Jackson Hole Trust grew its stake in M&T Bank by 342.9% in the 3rd quarter. Bank of Jackson Hole Trust now owns 155 shares of the financial services provider’s stock worth $31,000 after buying an additional 120 shares in the last quarter. Finally, Triumph Capital Management bought a new stake in M&T Bank in the 3rd quarter worth approximately $32,000. 84.68% of the stock is owned by institutional investors.
Insider Buying and Selling at M&T Bank
In related news, Director Robert E. Sadler, Jr. sold 6,000 shares of the business’s stock in a transaction that occurred on Tuesday, November 25th. The stock was sold at an average price of $190.06, for a total value of $1,140,360.00. Following the transaction, the director directly owned 17,070 shares of the company’s stock, valued at approximately $3,244,324.20. The trade was a 26.01% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Christopher E. Kay sold 5,250 shares of the stock in a transaction dated Wednesday, November 26th. The shares were sold at an average price of $191.70, for a total transaction of $1,006,425.00. Following the completion of the transaction, the executive vice president directly owned 5,501 shares of the company’s stock, valued at approximately $1,054,541.70. The trade was a 48.83% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.53% of the stock is owned by insiders.
About Representative Cisneros
Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.
Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.
Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.
M&T Bank Company Profile
M&T Bank Corporation is a bank holding company headquartered in Buffalo, New York, that provides a broad range of banking and financial services to individuals, businesses and institutions. The company operates a commercial and retail banking franchise that includes deposit-taking, lending, and payment services delivered through branch networks, digital channels and commercial banking teams. M&T serves customers across the northeastern and mid‑Atlantic United States and has expanded its geographic footprint through strategic acquisitions.
Its core businesses include commercial banking for middle‑market and community businesses, consumer and retail banking, mortgage origination and servicing, treasury and cash management, and wealth management and trust services.
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