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M&T Bank Corporation (MTB)

Stock Price: $156.35 USD 3.36 (2.20%)
Updated Mar 5, 2021 4:00 PM EST - Market closed
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

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Benzinga - 4 days ago

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...

Other stocks mentioned: CFG, KBE, PNC, WFC, XLF
PRNewsWire - 4 days ago

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...

Zacks Investment Research - 1 week ago

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.

Other stocks mentioned: C, JPM, WFC
PRNewsWire - 1 week ago

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 Motley Fool - 1 week ago

The deal boosts M&T Bank to roughly $200 billion in assets and creates one of the premier regional banks in the Northeast.

Zacks Investment Research - 1 week ago

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.

CNBC Television - 1 week ago

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.

Other stocks mentioned: PBCT
PRNewsWire - 1 week ago

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...

Other stocks mentioned: PBCT
Fox Business - 1 week ago

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...

The Motley Fool - 1 week ago

Two of the largest regional banks in the Northeast will create a combined entity with more than $200 billion in assets.

Forbes - 1 week ago

The M&T-People's deal is valued at $7.6 billion

Other stocks mentioned: PBCT
PRNewsWire - 1 week ago

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...

Other stocks mentioned: PBCT
PYMNTS - 1 week ago

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...

Zacks Investment Research - 2 weeks ago

M&T Bank Corporation (MTB) reported earnings 30 days ago. What's next for the stock?

The Motley Fool - 2 weeks ago

The latest quarterly report made some changes at the top of the list -- and could lead to other shifts in the future.

Other stocks mentioned: AXP, KO, MCO, WFC
The Motley Fool - 2 weeks ago

As he has for most of the last year, Buffett continued to sell his bank holdings in the fourth quarter of 2020.

Other stocks mentioned: BAC, JPM, PNC, USB, WFC
PRNewsWire - 2 weeks ago

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...

Zacks Investment Research - 3 weeks ago

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.

PRNewsWire - 3 weeks ago

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...

PRNewsWire - 1 month ago

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...

Zacks Investment Research - 1 month ago

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.

Other stocks mentioned: AAPL, ALLY, CFG, COF, F
Zacks Investment Research - 1 month ago

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.

Business Wire - 1 month ago

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.

Seeking Alpha - 1 month ago

M&T Bank Corporation (MTB) Q4 2020 Results - Earnings Call Transcript

Zacks Investment Research - 1 month ago

M&T Bank's (MTB) Q4 results reflect higher revenues, partly offset by escalating provisions and expenses.

Benzinga - 1 month ago

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...

PRNewsWire - 1 month ago

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...

PRNewsWire - 1 month ago

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...

Benzinga - 1 month ago

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.

Zacks Investment Research - 1 month ago

M&T Bank (MTB) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Zacks Investment Research - 1 month ago

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.

Seeking Alpha - 2 months ago

M&T Bank Corp.: A Regional Bank That Is Priced Right

GuruFocus - 2 months ago

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.

Other stocks mentioned: IPG, SNA, TSCO, RJF
CNBC Television - 2 months ago

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.

GuruFocus - 2 months ago

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%.

GuruFocus - 2 months ago

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...

Other stocks mentioned: BIIB, BK, GL, KR
PRNewsWire - 2 months ago

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...

PRNewsWire - 3 months ago

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...

GuruFocus - 3 months ago

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...

Other stocks mentioned: AMTD, BAC, BK, GS, JPM, WFC
The Motley Fool - 3 months ago

Buffett and his investing lieutenants made a number of big-time buys and sells during the third quarter.

Other stocks mentioned: COST, GOLD, TMUS, BRK.A, BRK.B
The Motley Fool - 3 months ago

The regional lender is matching the four previous payouts.

PRNewsWire - 3 months ago

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...

CNBC Television - 3 months ago

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.

Other stocks mentioned: PNC, JPM
PRNewsWire - 3 months ago

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 Motley Fool - 3 months ago

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.

The Motley Fool - 3 months ago

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.

Other stocks mentioned: BAC, C, CFG, FITB, FRC, HBAN, JPM, KEY, KRE, PFE, PNC, RF, TFC
PYMNTS - 3 months ago

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 ...

Other stocks mentioned: BAC, CMA, JPM
The Motley Fool - 3 months ago

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.

Other stocks mentioned: JPM, PFE
PRNewsWire - 4 months ago

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...

The Motley Fool - 4 months ago

These companies have been continuous holdings of Berkshire Hathaway for at least 14 years.

Other stocks mentioned: AXP, COST, GL, JNJ, KO, MCO, PG, UPS, USB, WFC

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
Full Company Profile

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%.

Financial Statements

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.

Price Target
$159.03
(1.71% upside)
Analyst Consensus: Hold