M&T Bank Corporation (MTB)
| Market Cap | 29.90B |
| Revenue (ttm) | 5.99B |
| Net Income (ttm) | 1.69B |
| Shares Out | 179.42M |
| EPS (ttm) | 13.09 |
| PE Ratio | 12.73 |
| Forward PE | 12.82 |
| Dividend | $4.70 (2.82%) |
| Ex-Dividend Date | May 31, 2022 |
| Volume | 1,597,950 |
| Open | 159.50 |
| Previous Close | 159.64 |
| Day's Range | 159.22 - 167.65 |
| 52-Week Range | 128.46 - 186.95 |
| Beta | 0.86 |
| Analysts | Buy |
| Price Target | 210.24 (+26.2%) |
| Earnings Date | Jul 20, 2022 |
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...]
Financial Performance
In 2021, M&T Bank's revenue was $6.07 billion, an increase of 17.69% compared to the previous year's $5.15 billion. Earnings were $1.78 billion, an increase of 38.93%.
Financial StatementsAnalyst Forecast
According to 25 analysts, the average rating for MTB stock is "Buy." The 12-month stock price forecast is 210.24, which is an increase of 26.16% from the latest price.
News
M&T Bank Corporation Announces Second Quarter 2022 Earnings Release and Conference Call
BUFFALO, N.Y. , June 21, 2022 /PRNewswire/ -- M&T Bank Corporation ("M&T") (NYSE: MTB) plans to announce its second quarter 2022 earnings results in a press release that will be issued before the market...
M&T Bank Corporation President and Chief Operating Officer Rich Gold Announces Retirement
BUFFALO, N.Y. , June 16, 2022 /PRNewswire/ -- Richard ("Rich") Gold, president and chief operating officer for M&T Bank Corporation (NYSE: MTB), has announced his intention to retire, effective after th...
M&T Increases Prime Rate
BUFFALO, N.Y. , June 15, 2022 /PRNewswire/ -- Effective Thursday, June 16, 2022, M&T (NYSE:MTB) will increase its prime lending rate from 4.00% to 4.75% About M&T M&T Bank Corporation is a financial hol...
This is Why M&T Bank Corporation (MTB) is a Great Dividend Stock
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does M&T Bank Corporation (MTB) have what it takes?
Doors Open for 75 Bps Rate Hike on 8.6% Inflation: 3 Bank Picks
With a 75 basis point interest rate hike by the Fed in the cards to tackle red-hot inflation, banks like M&T Bank (MTB), First Republic Bank (FRC) and SVB Financial (SIVB) are worth considering.
Northern Trust Selected by Wilmington Trust to Support Market-Leading Collective Investment Trust (CIT) Platform
CHICAGO--(BUSINESS WIRE)-- #assetmanagement--Northern Trust was selected for its extensive experience supporting Collective Investment Trust funds and focused client service.
What Makes M&T Bank Corporation (MTB) a Strong Momentum Stock: Buy Now?
Does M&T Bank Corporation (MTB) have what it takes to be a top stock pick for momentum investors? Let's find out.
Three-Stock Lunch: Kinder Morgan, M&T Bank and Bristol-Myers Squibb
Steve Grasso, Grasso Global CEO and CNBC contributor, joins 'Power Lunch' to discuss Grasso's thoughts on stocks like Kinder Morgan, M&T Bank and Bristol-Myers Squibb.
4 Reasons Why You Should Invest in M&T Bank (MTB) Stock Now
M&T Bank (MTB) looks like a wise investment option, given a strong balance sheet, inorganic growth moves and encouraging capital deployment activities.
3 Major Regional Bank Stocks Benefiting From Higher Rates
The Zacks Major Regional Banks will gain from the Fed's aggressive monetary policy and rise in loan demand. Business restructuring and digitization also offer support.
M&T Bank Corporation (MTB) Down 8.4% Since Last Earnings Report: Can It Rebound?
M&T Bank Corporation (MTB) reported earnings 30 days ago. What's next for the stock?
Earnings Estimates Rising for M&T Bank Corporation (MTB): Will It Gain?
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.
M&T Bank Expands Community Investment with New $25 Million 'Amplify Fund'
First significant philanthropic effort by M&T Bank across the former People's United footprint BUFFALO, N.Y., May 18, 2022 /PRNewswire/ -- Following the completion of its merger with People's United Fin...
M&T Bank Corporation Announces Second Quarter Common Stock Dividend
BUFFALO, N.Y. , May 17, 2022 /PRNewswire/ -- M&T Bank Corporation ("M&T") (NYSE:MTB) announced that it has declared a quarterly cash dividend of $1.20 per share on its common stock.
M&T Bank Names Grace Lee Eastern Massachusetts Regional President and Group Lead of New England Government Banking
BOSTON , May 11, 2022 /PRNewswire/ -- Grace Lee has been named Eastern Massachusetts Regional President and Group Lead of New England Government Banking at M&T Bank. In her new role, she will ensure col...
3 Top S&P 500 Stock Market Gainers Today: IBM Rallies As Netflix Crashes
M&T Bank and IBM were the S&P 500 winners Wednesday. Netflix was easily the big loser.
Why Shares of M&T Bank Are Rising Today
The bank easily beat analysts' first-quarter earnings estimates, and revenue was in line with expectations.
M&T Bank (MTB) Q1 Earnings Beat, NII Dips on Lower Loans
M&T Bank (MTB) witnesses a decline in revenues in Q1 on a fall in NII and loans. While non-interest revenues rise, cost woes prevail.
M&T Bank Corporation (MTB) Q1 Earnings Top Estimates
M&T Bank Corporation (MTB) delivered earnings and revenue surprises of 20.80% and 1.32%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?
M&T Bank Corporation Announces First Quarter Results
BUFFALO, N.Y. , April 20, 2022 /PRNewswire/ -- M&T Bank Corporation ("M&T") (NYSE: MTB) today reported its results of operations for the quarter ended March 31, 2022.
M&T Bank Corporation Announces Series H Preferred Stock Quarterly Dividend
BUFFALO, N.Y. , April 19, 2022 /PRNewswire/ -- M&T Bank Corporation ("M&T") (NYSE:MTB) announced today it has declared a quarterly cash dividend of $0.3515625 per share on its Perpetual Fixed-to-Floatin...
Why Earnings Season Could Be Great for M&T Bank (MTB)
M&T Bank (MTB) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
What's in the Cards for M&T Bank (MTB) This Earnings Season?
While loan growth is expected to have aided M&T Bank's (MTB) Q1 interest income, low mortgage banking revenues and high expenses are anticipated to have been spoilsports.
M&T Bank Launches Multicultural Small Business Innovation Lab for Greater Harrisburg Entrepreneurs
M&T partnering with Harrisburg University of Science and Technology to offer six-week program HARRISBURG, Pa. , April 14, 2022 /PRNewswire/ -- M&T Bank is looking for as many as 40 entrepreneurs to part...
Earnings Preview: M&T Bank Corporation (MTB) Q1 Earnings Expected to Decline
M&T Bank Corporation (MTB) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.