M&T Bank (NYSE:MTB) Receives “Neutral” Rating from Bank of America

Bank of America reiterated their neutral rating on shares of M&T Bank (NYSE:MTB) in a research report sent to investors on Wednesday morning, MarketBeat Ratings reports. Bank of America currently has a $225.00 price objective on the financial services provider’s stock.

A number of other equities research analysts also recently weighed in on the company. Wells Fargo & Company raised their price target on M&T Bank from $185.00 to $205.00 and gave the stock an “underweight” rating in a research note on Monday. Truist Financial lowered shares of M&T Bank from a “buy” rating to a “hold” rating and set a $217.00 price objective for the company. in a research note on Friday, December 12th. Citigroup increased their target price on shares of M&T Bank from $215.00 to $225.00 and gave the stock a “neutral” rating in a research report on Friday, January 2nd. Wall Street Zen upgraded M&T Bank from a “sell” rating to a “hold” rating in a report on Saturday, November 1st. Finally, The Goldman Sachs Group reaffirmed a “neutral” rating and issued a $230.00 price target on shares of M&T Bank in a research report on Tuesday. One research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, eleven have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $221.18.

M&T Bank Stock Down 0.9%

NYSE MTB opened at $209.49 on Wednesday. M&T Bank has a 12 month low of $150.75 and a 12 month high of $211.99. The company has a market capitalization of $32.20 billion, a P/E ratio of 12.90, a PEG ratio of 0.90 and a beta of 0.59. The company’s 50 day simple moving average is $195.30 and its 200 day simple moving average is $194.22. The company has a debt-to-equity ratio of 0.49, a current ratio of 0.97 and a quick ratio of 0.97.

M&T Bank (NYSE:MTB) last posted its quarterly earnings data on Wednesday, March 9th. The financial services provider reported $3.54 earnings per share (EPS) for the quarter. The firm had revenue of $1.54 billion for the quarter. M&T Bank had a return on equity of 10.62% and a net margin of 20.91%. Equities research analysts expect that M&T Bank will post 16.57 earnings per share for the current fiscal year.

M&T Bank Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Monday, December 1st were paid a $1.50 dividend. The ex-dividend date of this dividend was Monday, December 1st. This represents a $6.00 dividend on an annualized basis and a yield of 2.9%. M&T Bank’s payout ratio is presently 36.95%.

Insider Transactions at M&T Bank

In related news, Director Robert E. Sadler, Jr. sold 6,000 shares of the business’s stock in a transaction 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 sale, the director owned 17,070 shares of the company’s stock, valued at $3,244,324.20. The trade was a 26.01% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Christopher E. Kay sold 5,250 shares of the business’s stock in a transaction on 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 sale, the executive vice president owned 5,501 shares in the company, valued at $1,054,541.70. This represents 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 company insiders.

Institutional Investors Weigh In On M&T Bank

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Bank of Jackson Hole Trust lifted its position in shares of M&T Bank by 342.9% during the third quarter. Bank of Jackson Hole Trust now owns 155 shares of the financial services provider’s stock worth $31,000 after purchasing an additional 120 shares in the last quarter. Triumph Capital Management acquired a new stake in shares of M&T Bank in the third quarter valued at approximately $32,000. Golden State Wealth Management LLC raised its position in M&T Bank by 2,214.3% in the 2nd quarter. Golden State Wealth Management LLC now owns 162 shares of the financial services provider’s stock worth $31,000 after purchasing an additional 155 shares during the last quarter. Ameriflex Group Inc. lifted its holdings in M&T Bank by 82.4% during the 3rd quarter. Ameriflex Group Inc. now owns 186 shares of the financial services provider’s stock worth $37,000 after buying an additional 84 shares in the last quarter. Finally, Twin Peaks Wealth Advisors LLC bought a new position in M&T Bank in the 2nd quarter valued at $36,000. Institutional investors and hedge funds own 84.68% of the company’s stock.

Key M&T Bank News

Here are the key news stories impacting M&T Bank this week:

• Positive Sentiment: TD Cowen raised its price target to $250 and maintained a “buy” rating — the highest target in this batch, implying ~19.3% upside from current levels. This is a clear bullish catalyst. Benzinga
• Positive Sentiment: Goldman Sachs lifted its price target to $230 (from $207), signaling improved analyst confidence and adding upward pressure on shares. Goldman Sachs PT Raise
• Positive Sentiment: Barclays raised its price target to $236 (from $220), another supportive analyst move that boosts upside expectations. Barclays PT Raise
• Positive Sentiment: Market reaction included a new 52-week high following analyst upgrades, reflecting positive momentum from recent bullish coverage. 52-Week High Article
• Neutral Sentiment: Bank of America reaffirmed a “neutral” rating with a $225 price target (~7.4% upside), which is constructive but not strongly bullish. BofA Coverage
• Neutral Sentiment: Wells Fargo raised its target to $205, but that level sits below current market prices — a mixed signal that tempers upside from other raises. Wells Fargo PT
• Neutral Sentiment: FORGE and M&T announced manufacturing-focused grants at a regional event — positive for community/brand but unlikely to move the stock materially. FORGE Grant News
• Negative Sentiment: Evercore ISI downgraded M&T from “outperform” to “hold” despite lifting its target to $225 — the cut in rating is a negative signal that likely pressured the stock. Evercore Downgrade

About M&T Bank

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.