Recent Analysts’ Ratings Updates for M&T Bank (MTB)

Several analysts have recently updated their ratings and price targets for M&T Bank (NYSE: MTB):

• 3/7/2026 – M&T Bank was upgraded by Wall Street Zen from “sell” to “hold”.
• 3/5/2026 – M&T Bank had its price target raised by Jefferies Financial Group Inc. from $255.00 to $265.00. They now have a “buy” rating on the stock.
• 3/3/2026 – M&T Bank had its price target raised by Cantor Fitzgerald from $238.00 to $255.00. They now have an “overweight” rating on the stock.
• 3/2/2026 – M&T Bank had its price target raised by Morgan Stanley from $251.00 to $271.00. They now have an “equal weight” rating on the stock.
• 2/21/2026 – M&T Bank was downgraded by Wall Street Zen from “hold” to “sell”.
• 2/9/2026 – M&T Bank had its price target raised by JPMorgan Chase & Co. from $217.00 to $244.50. They now have a “neutral” rating on the stock.
• 2/4/2026 – M&T Bank had its price target raised by UBS Group AG from $217.00 to $230.00. They now have a “neutral” rating on the stock.
• 1/31/2026 – M&T Bank was upgraded by Wall Street Zen from “sell” to “hold”.
• 1/23/2026 – M&T Bank was downgraded by Wall Street Zen from “hold” to “sell”.
• 1/20/2026 – M&T Bank was given a new $230.00 price target by Truist Financial Corporation.
• 1/20/2026 – M&T Bank had its price target raised by The Goldman Sachs Group, Inc. from $230.00 to $231.00. They now have a “neutral” rating on the stock.
• 1/16/2026 – M&T Bank had its price target raised by Jefferies Financial Group Inc. from $250.00 to $255.00. They now have a “buy” rating on the stock.
• 1/16/2026 – M&T Bank had its price target raised by Cantor Fitzgerald from $228.00 to $238.00. They now have an “overweight” rating on the stock.
• 1/16/2026 – M&T Bank had its price target raised by Piper Sandler from $225.00 to $235.00.
• 1/16/2026 – M&T Bank had its price target raised by Royal Bank Of Canada from $210.00 to $220.00. They now have an “outperform” rating on the stock.

M&T Bank Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Monday, March 2nd will be paid a dividend of $1.50 per share. This represents a $6.00 annualized dividend and a yield of 2.9%. The ex-dividend date is Monday, March 2nd. M&T Bank’s dividend payout ratio is presently 35.19%.

Insider Activity at M&T Bank

In other M&T Bank news, Vice Chairman Gary N. Geisel sold 887 shares of the firm’s stock in a transaction on Wednesday, January 28th. The shares were sold at an average price of $215.79, for a total value of $191,405.73. Following the sale, the insider directly owned 16,446 shares in the company, valued at $3,548,882.34. This trade represents a 5.12% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director John P. Barnes sold 21,193 shares of the business’s stock in a transaction dated Monday, February 9th. The stock was sold at an average price of $235.85, for a total transaction of $4,998,369.05. Following the transaction, the director owned 15,142 shares in the company, valued at approximately $3,571,240.70. The trade was a 58.33% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 49,092 shares of company stock valued at $11,182,250 in the last quarter. Company insiders own 0.53% of the company’s stock.

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.