Barclays Increases M&T Bank (NYSE:MTB) Price Target to $267.00

M&T Bank (NYSE:MTB) had its price target upped by Barclays from $236.00 to $267.00 in a research report issued on Thursday, Marketbeat reports. The firm presently has an “equal weight” rating on the financial services provider’s stock. Barclays‘s target price points to a potential upside of 7.11% from the stock’s previous close.

Several other brokerages have also commented on MTB. Jefferies Financial Group reaffirmed a “buy” rating and issued a $300.00 price objective on shares of M&T Bank in a research report on Wednesday. Piper Sandler boosted their target price on shares of M&T Bank from $235.00 to $240.00 and gave the stock an “overweight” rating in a research report on Thursday, April 16th. Wall Street Zen lowered shares of M&T Bank from a “hold” rating to a “sell” rating in a research note on Sunday, July 12th. Argus upped their price target on shares of M&T Bank from $230.00 to $245.00 and gave the company a “buy” rating in a research note on Friday, April 17th. Finally, JPMorgan Chase & Co. raised their price target on shares of M&T Bank from $227.00 to $251.50 and gave the stock a “neutral” rating in a report on Monday, July 6th. Seven analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $249.50.

M&T Bank Trading Down 1.9%

M&T Bank stock opened at $249.28 on Thursday. The stock has a 50-day moving average of $225.98 and a two-hundred day moving average of $218.95. The company has a debt-to-equity ratio of 0.53, a quick ratio of 0.94 and a current ratio of 0.89. M&T Bank has a one year low of $174.76 and a one year high of $255.00. The stock has a market cap of $36.51 billion, a PE ratio of 13.16, a price-to-earnings-growth ratio of 1.25 and a beta of 0.57.

M&T Bank (NYSE:MTB) last issued its quarterly earnings results on Wednesday, July 15th. The financial services provider reported $5.35 earnings per share for the quarter, topping the consensus estimate of $4.66 by $0.69. M&T Bank had a return on equity of 11.80% and a net margin of 22.72%.The business had revenue of $2.53 billion during the quarter, compared to the consensus estimate of $2.46 billion. During the same quarter last year, the company earned $4.28 earnings per share. On average, research analysts anticipate that M&T Bank will post 18.92 EPS for the current fiscal year.

M&T Bank announced that its Board of Directors has authorized a stock repurchase program on Tuesday, March 31st that authorizes the company to buyback $5.00 billion in outstanding shares. This buyback authorization authorizes the financial services provider to repurchase up to 16.7% of its shares through open market purchases. Shares buyback programs are often a sign that the company’s board believes its shares are undervalued.

Insider Buying and Selling at M&T Bank

In other M&T Bank news, EVP Christopher E. Kay sold 3,105 shares of M&T Bank stock in a transaction dated Thursday, May 7th. The stock was sold at an average price of $216.50, for a total transaction of $672,232.50. Following the completion of the transaction, the executive vice president owned 6,753 shares in the company, valued at approximately $1,462,024.50. This trade represents a 31.50% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Insiders own 0.44% of the company’s stock.

Institutional Trading of M&T Bank

Several hedge funds and other institutional investors have recently bought and sold shares of MTB. Bogart Wealth LLC grew its holdings in M&T Bank by 233.3% during the first quarter. Bogart Wealth LLC now owns 120 shares of the financial services provider’s stock worth $25,000 after acquiring an additional 84 shares during the period. Triumph Capital Management acquired a new position in M&T Bank in the third quarter valued at approximately $32,000. Elyxium Wealth LLC acquired a new position in M&T Bank in the fourth quarter valued at approximately $33,000. Bank of Jackson Hole Trust boosted its position in M&T Bank by 38.7% in the 4th quarter. Bank of Jackson Hole Trust now owns 215 shares of the financial services provider’s stock worth $43,000 after purchasing an additional 60 shares in the last quarter. Finally, Hoese & Co LLP purchased a new stake in M&T Bank in the 4th quarter worth approximately $50,000. 84.68% of the stock is owned by institutional investors and hedge funds.

Key Headlines Impacting M&T Bank

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

• Positive Sentiment: M&T Bank posted stronger-than-expected Q2 results, with revenue above estimates and normalized EPS beating forecasts, driven by mid-single-digit loan growth and solid net interest income. M&T Bank: Loan And NII Growth Support Upside (Rating Upgrade)
• Positive Sentiment: Several analysts raised their price targets after the earnings report, including Barclays, Robert W. Baird, and Keefe, Bruyette & Woods, signaling improved confidence in MTB’s outlook. M&T Bank Analysts Increase Their Forecasts After Strong Q2 Results
• Neutral Sentiment: One note suggested the shares may be fully valued after buyback and preferred capital moves, indicating the upside could be more limited after the recent run-up. M&T Bank (MTB) Looks Fully Valued After Buyback And Preferred Capital Moves
• Neutral Sentiment: Other headlines confirmed that Q2 sales topped estimates, reinforcing the overall earnings beat but adding little new beyond the strong quarterly report. M&T Bank’s (NYSE:MTB) Q2 CY2026 Sales Top Estimates

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.