M&T Bank (NYSE:MTB) Price Target Raised to $265.00

M&T Bank (NYSE:MTB) had its price target upped by Jefferies Financial Group from $255.00 to $265.00 in a research note released on Thursday,MarketScreener reports. Jefferies Financial Group currently has a buy rating on the financial services provider’s stock.

MTB has been the subject of a number of other reports. Royal Bank Of Canada increased their price target on M&T Bank from $220.00 to $225.00 and gave the company an “outperform” rating in a research note on Thursday. JPMorgan Chase & Co. decreased their price target on M&T Bank from $244.50 to $231.50 and set a “neutral” rating for the company in a research note on Tuesday, April 7th. The Goldman Sachs Group increased their price target 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. Wall Street Zen cut M&T Bank from a “hold” rating to a “sell” rating in a research note on Saturday, March 21st. Finally, Barclays increased their price target on M&T Bank from $220.00 to $236.00 and gave the company an “equal weight” rating in a research note on Monday, January 5th. Nine research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $234.28.

M&T Bank Trading Up 0.9%

M&T Bank stock opened at $218.96 on Thursday. The stock has a 50-day moving average of $214.83 and a two-hundred day moving average of $204.23. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.96 and a current ratio of 0.88. M&T Bank has a one year low of $154.98 and a one year high of $239.00. The stock has a market cap of $32.63 billion, a PE ratio of 12.26, a price-to-earnings-growth ratio of 1.08 and a beta of 0.60.

M&T Bank (NYSE:MTB) last released its quarterly 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 analysts’ expectations of $2.43 billion. During the same period last year, the business posted $3.32 earnings per share. On average, research analysts anticipate that M&T Bank will post 16.57 EPS for the current fiscal year.

M&T Bank declared that its Board of Directors has initiated a stock repurchase program on Tuesday, March 31st that permits the company to repurchase $5.00 billion in shares. This repurchase authorization permits the financial services provider to repurchase up to 16.7% of its stock through open market purchases. Stock repurchase programs are typically an indication that the company’s leadership believes its stock is undervalued.

M&T Bank Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Monday, March 2nd were paid a $1.50 dividend. This represents a $6.00 annualized dividend and a dividend yield of 2.7%. The ex-dividend date was Monday, March 2nd. M&T Bank’s dividend payout ratio (DPR) is presently 33.59%.

Insider Transactions at M&T Bank

In other news, EVP Michael A. Wisler sold 8,237 shares of the firm’s stock in a transaction dated Thursday, February 26th. The stock was sold at an average price of $223.48, for a total value of $1,840,804.76. Following the completion of the transaction, the executive vice president directly owned 4,643 shares in the company, valued at $1,037,617.64. This trade represents a 63.95% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director John P. Barnes sold 21,193 shares of the firm’s stock in a transaction dated 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 owned 15,142 shares of the company’s stock, valued at approximately $3,571,240.70. The trade was a 58.33% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 49,092 shares of company stock valued at $11,182,250. 0.44% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the stock. Bank of Jackson Hole Trust raised its position in 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 valued at $31,000 after acquiring an additional 120 shares in the last quarter. Triumph Capital Management purchased a new position in M&T Bank during the third quarter valued at approximately $32,000. Elyxium Wealth LLC purchased a new position in M&T Bank during the fourth quarter valued at approximately $33,000. Ameriflex Group Inc. raised its position in M&T Bank by 82.4% during the third quarter. Ameriflex Group Inc. now owns 186 shares of the financial services provider’s stock valued at $37,000 after acquiring an additional 84 shares in the last quarter. Finally, Westside Investment Management Inc. raised its position in M&T Bank by 61.8% during the third quarter. Westside Investment Management Inc. now owns 199 shares of the financial services provider’s stock valued at $39,000 after acquiring an additional 76 shares in the last quarter. 84.68% of the stock is currently owned by hedge funds and other institutional investors.

More M&T Bank News

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.

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.