M&T Bank Corporation (MTB)
| Market Cap | 35.43B |
| Revenue (ttm) | 8.50B |
| Net Income (ttm) | 2.26B |
| Shares Out | 165.92M |
| EPS (ttm) | 13.52 |
| PE Ratio | 15.79 |
| Forward PE | 13.80 |
| Dividend | $5.40 (2.53%) |
| Ex-Dividend Date | Sep 3, 2024 |
| Volume | 650,256 |
| Open | 214.75 |
| Previous Close | 213.71 |
| Day's Range | 211.40 - 214.75 |
| 52-Week Range | 123.46 - 216.84 |
| Beta | 0.73 |
| Analysts | Buy |
| Price Target | 202.50 (-5.16%) |
| Earnings Date | Oct 17, 2024 |
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]
Financial Performance
In 2023, M&T Bank's revenue was $9.00 billion, an increase of 17.44% compared to the previous year's $7.66 billion. Earnings were $2.64 billion, an increase of 39.40%.
Financial StatementsAnalyst Forecast
According to 16 analysts, the average rating for MTB stock is "Buy." The 12-month stock price forecast is $202.5, which is a decrease of -5.16% from the latest price.
News
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...
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.
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.
M&T Bank Decreases Prime Rate
BUFFALO, N.Y. , Nov. 7, 2024 /PRNewswire/ -- Effective Friday, November 8, 2024, M&T Bank Corporation ("M&T") (NYSE: MTB) will decrease its prime lending rate from 8.00% to 7.75%.
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.
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.
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...
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...
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 ...
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...
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.
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.
M&T Bank Corporation Announces Quarterly Preferred Stock Dividends
BUFFALO, N.Y. , Oct. 16, 2024 /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...
Market Navigator: Opportunities in regional banks
Jay Woods, Freedom Capital Markets chief global strategist, joins 'Power Lunch' to discuss opportunities in regional banks.
M&T Bank Ranks No. 10 Among SBA Lenders
Bank continues to lead small-business lending throughout its footprint BUFFALO, N.Y. , Oct. 16, 2024 /PRNewswire/ -- M&T Bank (NYSE:MTB) approved 1,832 7(a) program U.S. Small Business Administration...
Analyst gives regional bank stock picks for investors
While Big Banks continue to report third quarter earnings — notably Bank of America (BAC), Goldman Sachs (GS), and Citigroup (C) today — let's not forget about the regional banks. Wedbush Securities m...
Can M&T Bank reach $210? Wolfe Research thinks so and upgrades to outperform
M&T Bank Corp (NYSE: MTB) received a significant boost on October 4 when Wolfe Research upgraded the stock to Outperform from Peer Perform, raising the price target to $210 from $187. This new target ...
This Morgan Stanley Analyst Turns Bullish; Here Are Top 5 Upgrades For Friday
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page.
M&T CHARITABLE FOUNDATION: REQUESTS FOR PROPOSALS FOR FINAL ROUND OF $25 MILLION AMPLIFY FUND
Initiative designed to advance financial inclusion and prosperity throughout New England, Long Island and New York's Westchester County BUFFALO, N.Y. , Oct. 3, 2024 /PRNewswire/ -- The M&T Charitable ...
This Salesforce Analyst Turns Bullish; Here Are Top 5 Upgrades For Wednesday
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page.
M&T Bank Corporation Announces Third Quarter 2024 Earnings Release and Conference Call
BUFFALO, N.Y. , Sept. 5, 2024 /PRNewswire/ -- M&T Bank Corporation ("M&T") (NYSE: MTB) plans to announce its third quarter 2024 earnings results in a press release that will be issued before the marke...
Financial Upgrades: BAC, V, & MTB
A morning of upgrades in financial stocks shone a bright spot on an early post-holiday sell-off. Bank of America (BAC), Visa (V), and M&T Bank (MTB) all received upgrades from analysts.
M&T Bank Corporation Announces Third Quarter Common Stock Dividend
BUFFALO, N.Y. , Aug. 20, 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.
M&T Bank draws downgrade on ‘mixed bag' from lower interest rates
M&T Bank Corp. was downgraded to underweight from equal-weight at Wells Fargo on Thursday as one analyst said the regional-banking giant faces potential downside from its exposure to lower interest ra...