M&T Bank Corporation (MTB)
| Market Cap | 20.11B |
| Revenue (ttm) | 5.15B |
| Net Income (ttm) | 1.28B |
| Shares Out | 128.29M |
| EPS (ttm) | 9.94 |
| PE Ratio | 15.73 |
| Forward PE | 12.85 |
| Dividend | $4.40 |
| Dividend Yield | 2.81% |
| Trading Day | March 5 |
| Last Price | $156.35 |
| Previous Close | $152.99 |
| Change ($) | 3.36 |
| Change (%) | 2.20% |
| Day's Open | 156.79 |
| Day's Range | 150.00 - 158.19 |
| Day's Volume | 958,130 |
| 52-Week Range | 82.02 - 163.56 |
Rising interest rates and economic stimulus have been a winning combination for bank stock investors in recent months. Since the beginning of November, the Financial Select Sector SPDR Fund (N...
BUFFALO, N.Y., March 1, 2021 /PRNewswire/ -- M&T Bank Corporation (NYSE:MTB)("M&T") will participate in the RBC Capital Markets Global Financial Institutions Conference being held in a virtual...
CFOs of Citi (C) and JPMorgan (JPM) expect the performance of trading revenues to be weaker than that reported in the year-ago quarter due to lower volatility.
NEW ORLEANS, Feb. 24, 2021 /PRNewswire/ -- Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC ("KSF") are investigating the proposed sal...
The deal boosts M&T Bank to roughly $200 billion in assets and creates one of the premier regional banks in the Northeast.
M&T Bank (MTB) and People's United (PBCT) all-stock acquisition deal for a total market value of $7.6 billion will create a diversified, community-focused banking franchise.
M&A in banks will get bigger: KBW CEO Tom Michaud
M&T Bank has agreed to buy People's United Financial for $7.6 billion in an all-stock deal. KBW CEO Tom Michaud says bigger banks will become more profitable through these M&A deals.
NEW YORK, Feb. 22, 2021 /PRNewswire/ -- Rowley Law PLLC is investigating potential securities law violations by People's United Financial, Inc. (NASDAQ: PBCT) and its board of directors concer...
People's United shareholders will receive 0.118 of a share of M&T common stock for each share they own. People's United shareholders will collectively own approximately 28% of the combined bus...
Two of the largest regional banks in the Northeast will create a combined entity with more than $200 billion in assets.
BUFFALO, N.Y. and BRIDGEPORT, Conn., Feb. 22, 2021 /PRNewswire/ -- M&T Bank Corporation (NYSE: MTB) ("M&T") and People's United Financial, Inc. (NASDAQ: PBCT) ("People's United") announced tod...
M&T Bank Corp is closing in on an acquisition deal to buy People's United Financial for more than $7 billion, The Wall Street Journal (WSJ) reported on Monday (Feb. 22), citing sources. The al...
M&T Bank Corporation (MTB) reported earnings 30 days ago. What's next for the stock?
The latest quarterly report made some changes at the top of the list -- and could lead to other shifts in the future.
As he has for most of the last year, Buffett continued to sell his bank holdings in the fourth quarter of 2020.
BUFFALO, N.Y., Feb. 17, 2021 /PRNewswire/ -- M&T Bank Corporation ("M&T") (NYSE:MTB) announced that it has declared a quarterly cash dividend of $1.10 per share on its common stock. The divide...
Moody's affirms M&T Bank's (MTB) ratings on its good liquidity position, stable earnings and solid asset quality. The rating outlook remains stable.
BUFFALO, N.Y., Feb. 10, 2021 /PRNewswire/ -- M&T Bank (NYSE:MTB) has again been recognized as one of the country's top banks for businesses for delivering exceptional customer service by Green...
BUFFALO, N.Y., Feb. 5, 2021 /PRNewswire/ -- M&T Bank Corporation (NYSE:MTB)("M&T") will participate in the KBW Winter Financial Services Symposium being held in a virtual format. Representativ...
We have narrowed down our search to six momentum stocks as the northbound journey of Wall Street is likely to resume soon. These are: AAPL, F, ALLY, CFG, COF and MTB.
M&T Bank Corporation (MTB) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
SAN DIEGO--(BUSINESS WIRE)--M&T Bank is partnering with Point Predictive to provide frictionless fraud detection capabilities that seamlessly integrate into the customer journey.
M&T Bank Corporation (MTB) Q4 2020 Results - Earnings Call Transcript
M&T Bank's (MTB) Q4 results reflect higher revenues, partly offset by escalating provisions and expenses.
Shares of M&T Bank (NYSE:MTB) were flat in pre-market trading after the company reported Q4 results. Quarterly Results Earnings per share decreased 2.76% over the past year to $3.52, which bea...
BUFFALO, N.Y., Jan. 21, 2021 /PRNewswire/ -- M&T Bank Corporation ("M&T") (NYSE: MTB) today reported its results of operations for 2020. GAAP Results of Operations. Diluted earnings per common...
BUFFALO, N.Y., Jan. 20, 2021 /PRNewswire/ -- M&T Bank Corporation ("M&T") (NYSE:MTB) announced that its Board of Directors authorized a stock repurchase program of up to $800 million of shares...
M&T Bank (NYSE:MTB) announces its next round of earnings this Thursday, January 21. Here is Benzinga's everything-that-matters guide for this Thursday's Q4 earnings announcement.
M&T Bank (MTB) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
M&T Bank's (MTB) Q4 earnings might have been hurt by dismal lending scenario, lower interest rates and higher costs. However, improvement in mortgage banking business is likely to have aided.
M&T Bank Corp.: A Regional Bank That Is Priced Right
According to the GuruFocus All-in-One Screener, a Premium feature, as of Dec. 29, the following guru-held companies have positive future earnings estimates from Morningstar analysts.
M&T Bank has stayed profitable amid the pandemic: CEO
René Jones, M&T Bank CEO says M&T Bank has the strongest underwriting performance over the last four decades. joins 'Closing Bell' to discuss the Fed stress test results.
Regional banks have endured a very difficult 2020. The SPDR S&P Regional Banking ETF (KRE) has lost almost 14% of its value year-to-date while the S&P 500 is higher by 13%.
As investors continue searching for Christmas bargains, five undervalued, predictable companies in Warren Buffett (Trades, Portfolio)'s third-quarter equity portfolio are Biogen Inc. (NASDAQ:B...
BUFFALO, N.Y., Dec. 10, 2020 /PRNewswire/ -- M&T Bank Corporation ("M&T") (NYSE: MTB) plans to announce its fourth quarter and full-year 2020 earnings results in a press release that will be i...
BUFFALO, N.Y., Nov. 24, 2020 /PRNewswire/ -- M&T Bank Corporation (NYSE:MTB)("M&T") will participate in the Goldman Sachs 2020 U.S. Financial Services Conference being held in a virtual format...
Third-quarter 13-F filings of major investment management companies have been hitting the market over the last couple of weeks. Investors monitor these regulatory filings not only to find lucr...
Buffett and his investing lieutenants made a number of big-time buys and sells during the third quarter.
The regional lender is matching the four previous payouts.
BUFFALO, N.Y., Nov. 17, 2020 /PRNewswire/ -- M&T Bank Corporation ("M&T") (NYSE: MTB) announced that it has declared a quarterly cash dividend of $1.10 per share on its common stock. The divid...
Berkshire Hathaway reduces its stake in major banks, JP Morgan, PNC, M&T
Leslie Picker joins 'Closing Bell' to report Berkshire Hathaway is reducing its stake in major banks.
BUFFALO, N.Y., Nov. 16, 2020 /PRNewswire/ -- M&T Bank Corporation (NYSE: MTB) ("M&T") announced today the election of Leslie Godridge, who recently retired as the Vice Chair and Co-Head of Cor...
The bank has had a tough year, but with solid underwriting comes plenty of upside, especially if the economy can begin to recover in 2021.
All banks are anticipating loan losses due to the pandemic, but the regional players appear more exposed to those risks than both their larger and smaller peers.
It is not just Big Pharma that is reaping a windfall from the positive news on the COVID-19 vaccine front, but big banks as well. Pfizer and BioNTech's release of promising vaccine trial data ...
An effective vaccine in 2021 could get the economy churning at a more normal level and effectively help banks avoid some of the loan losses they are currently projecting.
BUFFALO, N.Y., Oct. 29, 2020 /PRNewswire/ -- M&T Bank Corporation (NYSE: MTB)("M&T") will participate in the BancAnalysts Association of Boston Conference being held in a virtual format. Repre...
About MTB
M&T Bank Corporation operates as a bank holding company that provides commercial and retail banking services. The company's Business Banking segment offers deposit, lending, cash management, and other financial services to small businesses and professionals. Its Commercial Banking segment provides deposit products, commercial lending and leasing, letters of credit, and cash management services for middle-market and large commercial customers. The company's Commercial Real Estate segment originates, sells, and services commercial real estate loa... [Read more...]
| Industry Banks-Regional | Founded 1856 |
| CEO Rene Jones | Employees 16,718 |
| Stock Exchange NYSE | Ticker Symbol MTB |
Financial Performance
In 2020, M&T Bank's revenue was $5.15 billion, a decrease of -14.31% compared to the previous year's $6.02 billion. Earnings were $1.28 billion, a decrease of -30.84%.
Analyst Forecasts
According to 21 analysts, the average rating for M&T Bank stock is "Hold." The 12-month stock price forecast is 159.03, which is an increase of 1.71% from the latest price.