M&T Bank (NYSE:MTB) Price Target Raised to $235.00

M&T Bank (NYSE:MTB) had its price target increased by DA Davidson from $233.00 to $235.00 in a research note issued to investors on Thursday, Marketbeat reports. They currently have a neutral rating on the financial services provider’s stock.

A number of other equities analysts also recently commented on MTB. The Goldman Sachs Group lifted their target price on M&T Bank from $231.00 to $235.00 and gave the company a “neutral” rating in a research note on Monday, April 6th. UBS Group decreased their target price on M&T Bank from $230.00 to $225.00 and set a “neutral” rating for the company in a research note on Tuesday, April 7th. Wells Fargo & Company lifted their target price on M&T Bank from $185.00 to $205.00 and gave the company an “underweight” rating in a research note on Monday, January 5th. Keefe, Bruyette & Woods lifted their target price on M&T Bank from $220.00 to $230.00 and gave the company a “market perform” rating in a research note on Wednesday, December 17th. Finally, Evercore downgraded M&T Bank from an “outperform” rating to a “hold” rating and boosted their price objective for the stock from $210.00 to $225.00 in a research report on Tuesday, January 6th. Nine investment analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $234.28.

M&T Bank Stock Performance

Shares of MTB stock opened at $218.96 on Thursday. The company has a quick ratio of 0.96, a current ratio of 0.88 and a debt-to-equity ratio of 0.44. The business has a 50 day moving average of $214.83 and a two-hundred day moving average of $204.23. M&T Bank has a 52 week low of $154.98 and a 52 week high of $239.00. The company has a market cap of $32.63 billion, a P/E ratio of 12.26, a PEG ratio of 1.08 and a beta of 0.60.

M&T Bank (NYSE:MTB) last issued its earnings results on Wednesday, April 15th. The financial services provider reported $4.18 EPS for the quarter, beating analysts’ consensus estimates of $4.02 by $0.16. M&T Bank had a return on equity of 11.35% and a net margin of 22.07%.The company had revenue of $2.44 billion during the quarter, compared to the consensus estimate of $2.43 billion. During the same period in the previous year, the firm posted $3.32 earnings per share. As a group, analysts anticipate that M&T Bank will post 16.57 EPS for the current year.

M&T Bank declared that its Board of Directors has initiated a share repurchase program on Tuesday, March 31st that allows the company to repurchase $5.00 billion in shares. This repurchase authorization allows the financial services provider to repurchase up to 16.7% of its shares through open market purchases. Shares repurchase programs are generally a sign that the company’s board of directors believes its stock is undervalued.

M&T Bank Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Monday, March 2nd were issued a $1.50 dividend. This represents a $6.00 dividend on an annualized basis and a yield of 2.7%. The ex-dividend date of this dividend was Monday, March 2nd. M&T Bank’s dividend payout ratio is 33.59%.

Insiders Place Their Bets

In related news, Vice Chairman Gary N. Geisel sold 887 shares of the stock in a transaction that occurred on Wednesday, January 28th. The stock was sold at an average price of $215.79, for a total value of $191,405.73. Following the completion of the transaction, the insider directly owned 16,446 shares of the company’s stock, valued at $3,548,882.34. This represents a 5.12% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director John P. Barnes sold 21,193 shares of the stock in a transaction that occurred on Monday, February 9th. The stock was sold at an average price of $235.85, for a total value of $4,998,369.05. Following the completion of the transaction, the director directly owned 15,142 shares of the company’s stock, valued at $3,571,240.70. This trade represents a 58.33% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 49,092 shares of company stock valued at $11,182,250. 0.44% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On M&T Bank

Institutional investors have recently added to or reduced their stakes in the company. Bank of Jackson Hole Trust lifted its position in M&T Bank by 342.9% in 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 during the period. Triumph Capital Management acquired a new stake in M&T Bank in the third quarter worth approximately $32,000. Elyxium Wealth LLC acquired a new stake in M&T Bank in the fourth quarter worth approximately $33,000. Ameriflex Group Inc. lifted its position in M&T Bank by 82.4% in the third quarter. Ameriflex Group Inc. now owns 186 shares of the financial services provider’s stock worth $37,000 after purchasing an additional 84 shares during the period. Finally, Westside Investment Management Inc. lifted its position in M&T Bank by 61.8% in the third quarter. Westside Investment Management Inc. now owns 199 shares of the financial services provider’s stock worth $39,000 after purchasing an additional 76 shares during the period. 84.68% of the stock is currently owned by institutional investors and hedge funds.

M&T Bank News Summary

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

• Positive Sentiment: Q1 beat — M&T reported EPS of $4.18 vs. $4.02 expected, with revenue roughly in line and management outlining a $7.2B–$7.35B 2026 NII outlook and solid fee-income guidance; the results and guidance support near-term earnings momentum. Read More.
• Positive Sentiment: Analyst upgrades/price-target lifts — several firms raised targets and reiterated bullish ratings, including Jefferies to $265 (buy), Piper Sandler to $240 (overweight), Robert W. Baird to $240 (outperform) and DA Davidson to $235 (neutral). These upgrades increase buy-side visibility and likely contributed to upward pressure on the stock. Read More. Read More. Read More. Read More.
• Neutral Sentiment: Capital and outlook adjustments — management moved its CET1 target range to ~10% and framed capital deployment alongside the NII outlook; this clarifies capital policy but will be watched for buybacks/dividends timing. Read More.
• Negative Sentiment: Rising expenses and some profit-pressure signals — while EPS beat, operating expenses rose and one headline noted Q1 net income/earnings pressure (reported net earnings comparisons and an item citing a $664M earnings figure), which could cap margin upside if costs persist. 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.