M&T Bank (NYSE:MTB – Get Free Report) had its price target reduced by investment analysts at UBS Group from $230.00 to $225.00 in a research note issued on Tuesday,MarketScreener reports. The brokerage presently has a “neutral” rating on the financial services provider’s stock. UBS Group’s price objective points to a potential upside of 2.72% from the stock’s current price.
Several other research analysts have also recently issued reports on MTB. Keefe, Bruyette & Woods lifted their target price on shares of M&T Bank from $220.00 to $230.00 and gave the stock a “market perform” rating in a report on Wednesday, December 17th. Wall Street Zen cut shares of M&T Bank from a “hold” rating to a “sell” rating in a report on Saturday, March 21st. Jefferies Financial Group lifted their target price on shares of M&T Bank from $250.00 to $255.00 and gave the stock a “buy” rating in a report on Wednesday. Morgan Stanley decreased their target price on shares of M&T Bank from $271.00 to $245.00 and set an “equal weight” rating for the company in a report on Tuesday, March 31st. Finally, Cantor Fitzgerald lifted their target price on shares of M&T Bank from $238.00 to $255.00 and gave the stock an “overweight” rating in a report on Tuesday, March 3rd. One research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, twelve have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $230.24.
Read Our Latest Analysis on MTB
M&T Bank Stock Up 3.3%
M&T Bank (NYSE:MTB – Get Free Report) last issued its earnings results on Friday, January 16th. The financial services provider reported $4.72 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.47 by $0.25. The business had revenue of $1.79 billion during the quarter, compared to analysts’ expectations of $2.47 billion. M&T Bank had a net margin of 21.55% and a return on equity of 10.94%. During the same period in the previous year, the company earned $3.77 earnings per share. On average, analysts anticipate that M&T Bank will post 16.57 EPS for the current fiscal year.
M&T Bank announced that its Board of Directors has approved a share repurchase program on Tuesday, March 31st that authorizes the company to repurchase $5.00 billion in shares. This repurchase authorization authorizes the financial services provider to repurchase up to 16.7% of its stock through open market purchases. Stock repurchase programs are usually a sign that the company’s leadership believes its stock is undervalued.
Insider Activity at M&T Bank
In other news, EVP Michael A. Wisler sold 8,237 shares of M&T Bank stock in a transaction that occurred on Thursday, February 26th. The shares were sold at an average price of $223.48, for a total value of $1,840,804.76. Following the completion of the sale, the executive vice president directly owned 4,643 shares in the company, valued at $1,037,617.64. The trade was a 63.95% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Kirk W. Walters sold 909 shares of the business’s stock in a transaction that occurred on Tuesday, February 3rd. The shares were sold at an average price of $227.37, for a total transaction of $206,679.33. Following the sale, the director owned 5,976 shares of the company’s stock, valued at $1,358,763.12. This trade represents a 13.20% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 49,092 shares of company stock valued at $11,182,250. Insiders own 0.44% of the company’s stock.
Institutional Trading of M&T Bank
Several large investors have recently added to or reduced their stakes in the business. Bank of New York Mellon Corp grew its position in M&T Bank by 3.6% during the fourth quarter. Bank of New York Mellon Corp now owns 1,416,224 shares of the financial services provider’s stock valued at $285,341,000 after buying an additional 49,336 shares during the period. Canoe Financial LP grew its position in M&T Bank by 50.5% during the fourth quarter. Canoe Financial LP now owns 652,744 shares of the financial services provider’s stock valued at $131,515,000 after buying an additional 219,065 shares during the period. Barclays PLC grew its position in M&T Bank by 3.9% during the fourth quarter. Barclays PLC now owns 530,305 shares of the financial services provider’s stock valued at $106,846,000 after buying an additional 20,120 shares during the period. Davis Asset Management L.P. grew its position in M&T Bank by 23.1% during the fourth quarter. Davis Asset Management L.P. now owns 400,000 shares of the financial services provider’s stock valued at $80,592,000 after buying an additional 75,000 shares during the period. Finally, Russell Investments Group Ltd. grew its position in M&T Bank by 35.4% during the fourth quarter. Russell Investments Group Ltd. now owns 396,531 shares of the financial services provider’s stock valued at $79,954,000 after buying an additional 103,692 shares during the period. 84.68% of the stock is currently owned by institutional investors.
M&T Bank News Summary
Here are the key news stories impacting M&T Bank this week:
- Positive Sentiment: Jefferies raised its price target on MTB to $255 and maintained a buy rating, signaling steady upside from a respected sell‑side shop and likely contributing to bullish flows. Read More.
- Positive Sentiment: Bloomberg Law reports M&T escaped a lawsuit from Hudson City investors over its acquisition — removing a legal overhang that could have created uncertainty or future liabilities. Read More.
- Positive Sentiment: MTB has outperformed peers over the last six months (roughly +12.8%), which supports momentum-chasing demand from investors rotating into better-performing regional banks. Read More.
- Neutral Sentiment: Goldman Sachs nudged its price target up to $235 but kept a neutral rating — a modest positive for valuation but not a conviction buy signal. Read More.
- Negative Sentiment: JPMorgan trimmed its target to $231.50 and reiterated neutral, removing some upside from a major institutional view and likely weighing on investor enthusiasm. Read More.
- Negative Sentiment: UBS lowered its price target to $225 and kept a neutral rating, another downward adjustment that reduces consensus upside. Read More.
- Negative Sentiment: A Zacks preview suggests M&T may lack the key ingredients for an earnings beat in its upcoming report, which could cap rallies if results or guidance disappoint. Read More.
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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