M&T Bank Corporation (MTB)

NYSE: MTB · Real-Time Price · USD
195.41
-2.85 (-1.44%)
Jan 22, 2025, 1:17 PM EST - Market open
-1.44%
Market Cap 32.35B
Revenue (ttm) 8.67B
Net Income (ttm) 2.45B
Shares Out 165.53M
EPS (ttm) 14.64
PE Ratio 13.35
Forward PE 12.03
Dividend $5.40 (2.76%)
Ex-Dividend Date Dec 2, 2024
Volume 429,940
Open 197.79
Previous Close 198.26
Day's Range 194.43 - 197.79
52-Week Range 128.31 - 225.70
Beta 0.78
Analysts Buy
Price Target 221.68 (+13.44%)
Earnings Date Jan 16, 2025

About MTB

M&T Bank Corporation operates as a bank holding company for Manufacturers and Traders Trust Company and Wilmington Trust, National Association that engages in the provision of retail and commercial banking products and services in the United States. The company operates through three segments: Commercial Bank, Retail Bank, and Institutional Services and Wealth Management. It offers a range of credit products and banking services, such as commercial lending and leasing, letters of credits, commercial real estate loans, and credit facilities secu... [Read more]

Sector Financials
Founded 1856
Employees 22,223
Stock Exchange NYSE
Ticker Symbol MTB
Full Company Profile

Financial Performance

In 2024, M&T Bank's revenue was $8.67 billion, a decrease of -3.66% compared to the previous year's $9.00 billion. Earnings were $2.45 billion, a decrease of -7.09%.

Financial Statements

Analyst Forecast

According to 17 analysts, the average rating for MTB stock is "Buy." The 12-month stock price forecast is $221.68, which is an increase of 13.44% from the latest price.

Price Target
$221.68
(13.44% upside)
Analyst Consensus: Buy
Stock Forecasts

News

The 3 Best Bank Stocks to Buy for 2025

Investors received a big boost on January 15 with a December, 2024 Consumer Price Index report showing core inflation rose less than expected. This reassured Wall Street the Federal Reserve could cont...

Other symbols: COFUSB
4 days ago - Benzinga

M&T Bank: Continuing Market Perform Rating, Stick With It

M&T Bank: Continuing Market Perform Rating, Stick With It

6 days ago - Seeking Alpha

M&T Bank Corporation (MTB) Q4 2024 Earnings Call Transcript

M&T Bank Corporation (NYSE:MTB) Q4 2024 Results Conference Call January 16, 2025 8:00 AM ET Company Participants Brian Klock - Head, Markets & IR Daryl Bible - Senior Executive Vice President & CFO C...

6 days ago - Seeking Alpha

M&T Bank Corporation (NYSE:MTB) announces fourth quarter 2024 results

BUFFALO, N.Y. , Jan. 16, 2024 /PRNewswire/ -- M&T Bank Corporation ("M&T" or "the Company") reports quarterly net income of $681 million or $3.86 of diluted earnings per common share and full-year net...

6 days ago - PRNewsWire

M&T Bank Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

M&T Bank Corporation MTB will release earnings results for its fourth quarter, before the opening bell on Thursday, Jan. 16, 2025.

9 days ago - Benzinga

M&T Bank Corporation Announces Quarterly Preferred Stock Dividends

BUFFALO, N.Y. , Jan. 10, 2025 /PRNewswire/ -- M&T Bank Corporation ("M&T") (NYSE:MTB) announced that it has declared quarterly cash dividends on the following series of perpetual preferred stock: A di...

11 days ago - PRNewsWire

M&T Bank Appoints Krista Phillips as Chief Customer Officer

BUFFALO, N.Y. , Jan. 6, 2025 /PRNewswire/ -- M&T Bank Corporation (NYSE:MTB) today announced the appointment of Krista Phillips as its first Chief Customer Officer.

16 days ago - PRNewsWire

M&T Bank: Dividend Growth At A Good Price

M&T Bank Corporation, founded in 1856, offers diversified banking and financial services primarily in the Northeast and Mid-Atlantic regions. The bank's loan portfolio, mainly consisting of C&I loans,...

19 days ago - Seeking Alpha

M&T Bank Corporation Announces Fourth Quarter and Full-Year 2024 Earnings Release and Conference Call

BUFFALO, N.Y. , Dec. 19, 2024 /PRNewswire/ -- M&T Bank Corporation ("M&T") (NYSE:MTB) plans to announce its fourth quarter and full-year 2024 earnings results in a press release that will be issued be...

4 weeks ago - PRNewsWire

M&T Bank Decreases Prime Rate

BUFFALO, N.Y. , Dec. 18, 2024 /PRNewswire/ -- Effective Thursday, December 19, 2024, M&T Bank Corporation ("M&T") (NYSE:MTB) will decrease its prime lending rate from 7.75% to 7.50%.

4 weeks ago - PRNewsWire

M&T Bank Names Shannon Lazare as New Jersey Regional President

Seasoned Banker to Lead M&T Bank in New Jersey BUFFALO, N.Y. , Dec. 5, 2024 /PRNewswire/ -- M&T Bank (NYSE:MTB) ("M&T") today announced the appointment of Shannon Lazare as its New Jersey Regional Pre...

6 weeks ago - PRNewsWire

6 Regional Bank Stocks to Buy Before Trump Names New SEC Leadership

The regional banking sector has spent much of the last two years making headlines for all the wrong reasons. Bank failures like Silicon Valley, Signature Bank, and First Republic Bank rocked the secto...

Other symbols: DFSKEYRFTFCUSB
7 weeks ago - Benzinga

M&T Bank Corporation Announces Conference Call Dates to Review Quarterly 2026 Earnings and Revised Dates to Review 2025 Earnings

BUFFALO, N.Y. , Nov. 21, 2024 /PRNewswire/ -- M&T Bank Corporation ("M&T") (NYSE:MTB) announced today that it plans to host conference calls to review 2026 quarterly financial results on the following...

2 months ago - PRNewsWire

Clara Capital Announces New Treasury Banking Relationship With M&T Bank Corporation

SYOSSET, N.Y.--(BUSINESS WIRE)--Clara Capital Servicing LLC (“Clara Capital”), a leading provider of innovative financial lending solutions for small- and medium-sized businesses, is excited to announ...

2 months ago - Business Wire

M&T Bank Corporation Announces Fourth Quarter Common Stock Dividend

BUFFALO, N.Y. , Nov. 19, 2024 /PRNewswire/ -- M&T Bank Corporation ("M&T") (NYSE:MTB) announced that it has declared a quarterly cash dividend of $1.35 per share on its common stock.

2 months ago - PRNewsWire

M&T Bank Corporation to Participate in the Goldman Sachs Financial Services Conference

BUFFALO, N.Y. , Nov. 18, 2024 /PRNewswire/ -- M&T Bank Corporation ("M&T") (NYSE:MTB) will participate in the Goldman Sachs Financial Services Conference being held in New York City.

2 months ago - PRNewsWire

M&T Bank Corporation to Participate in the BancAnalysts Association of Boston Conference

BUFFALO, N.Y. , Oct. 25, 2024 /PRNewswire/ -- M&T Bank Corporation ("M&T") (NYSE: MTB) will participate in the BancAnalysts Association of Boston Conference being held in Boston, MA.

3 months ago - PRNewsWire

M&T Bank Analysts Boost Their Forecasts After Upbeat Earnings

M&T Bank Corporation MTB reported better-than-expected third-quarter financial results on Thursday.

3 months ago - Benzinga

M&T Bank: Powering Higher On Strong Results

M&T Bank Corporation has reported strong Q3 earnings, with EPS beating expectations due to lower credit loss provisions and modest expenses. Despite minimal growth in loans and a slight dip in deposit...

3 months ago - Seeking Alpha

Regional Banks Report Credit Quality Remained Strong in Q3

Four regional banks said Thursday (Oct. 17) that credit quality remained strong in the third quarter, while reporting mixed results in terms of growth in lending and deposits. Commerce Bancshares, Hun...

Other symbols: CBSHHBANSTBA
3 months ago - PYMNTS

M&T Bank Corporation (MTB) Q3 2024 Earnings Call Transcript

M&T Bank Corporation (NYSE:MTB) Q3 2024 Earnings Conference Call October 17, 2024 8:00 AM ET Company Participants Brian Klock - Head, Markets & IR Daryl Bible - Senior Executive Vice President & CFO ...

3 months ago - Seeking Alpha

M&T Bank: Improved Credit Quality Highlights A Strong Q3

M&T Bank Corporation shares have surged over 50% in the past year, with a 4% gain following strong quarterly earnings, and I maintain a “hold” rating. The bank's net interest income rose to $1.74 bill...

3 months ago - Seeking Alpha

M&T Bank Corporation (NYSE:MTB) announces third quarter 2024 results

BUFFALO, N.Y. , Oct. 17, 2024 /PRNewswire/ -- M&T Bank Corporation ("M&T" or "the Company") reports quarterly net income of $721 million or $4.02 of diluted earnings per common share.

3 months ago - PRNewsWire

M&T Bank Gears Up For Q3 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts

M&T Bank Corporation MTB will release earnings results for its third quarter, before the opening bell on Thursday, Oct. 17.

3 months ago - Benzinga

Market Navigator: Opportunities in regional banks

Jay Woods, Freedom Capital Markets chief global strategist, joins 'Power Lunch' to discuss opportunities in regional banks.

Other symbols: FHNPNC
3 months ago - CNBC Television