M&T Bank Corporation (MTB)
|Net Income (ttm)||1.89B|
|Ex-Dividend Date||Mar 3, 2023|
|Day's Range||120.20 - 124.04|
|52-Week Range||110.00 - 193.42|
|Price Target||177.87 (+47.59%)|
|Earnings Date||Apr 17, 2023|
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]
In 2022, M&T Bank's revenue was $7.66 billion, an increase of 26.29% compared to the previous year's $6.07 billion. Earnings were $1.89 billion, an increase of 6.44%.Financial Statements
According to 26 analysts, the average rating for MTB stock is "Buy." The 12-month stock price forecast is $177.87, which is an increase of 47.59% from the latest price.
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M&T Increases Prime Rate
BUFFALO, N.Y. , March 22, 2023 /PRNewswire/ -- Effective Thursday, March 23, 2023, M&T Bank (NYSE:MTB) will increase its prime lending rate from 7.75% to 8.00%.
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M&T Bank Corporation Announces First Quarter 2023 Earnings Release and Conference Call
BUFFALO, N.Y. , March 20, 2023 /PRNewswire/ -- M&T Bank Corporation ("M&T") (NYSE: MTB) plans to announce its first quarter 2023 earnings results in a press release that will be issued before the mark...
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M&T Bank Announces Harlem Small Business Innovation Lab in Partnership with Carver Federal Savings Bank
The six-week program is designed to help empower, develop, and uplift multicultural business owners, will culminate in pitch competition HARLEM, N.Y., Feb. 28, 2023 /PRNewswire/ -- M&T Bank's Harlem M...
Loan Growth Supports M&T Bank (MTB) Despite Rising Costs
M&T Bank's (MTB) top line gets support from increasing loans and deposit balances from acquisitions. However, continued cost increases and deteriorating credit quality are concerning.
M&T Bank (MTB) Announces 8.3% Increase in Quarterly Dividend
M&T Bank (MTB) announces a hike of 8.3% in its quarterly cash dividend. This, along with share repurchases and strategic buyouts, will continue to enhance shareholder value.
M&T Bank Corporation to Participate in the RBC Capital Markets Global Financial Institutions Conference
BUFFALO, N.Y. , Feb. 23, 2023 /PRNewswire/ -- M&T Bank Corporation (NYSE:MTB)("M&T") will participate in the RBC Capital Markets Global Financial Institutions Conference being held in New York City.
M&T Bank Corporation Announces Increased Common Stock Dividend
BUFFALO, N.Y. , Feb. 22, 2023 /PRNewswire/ -- M&T Bank Corporation ("M&T") (NYSE:MTB) announced that it has declared a quarterly cash dividend of $1.30 per share on its common stock.
M&T Bank Recognized for Its Strong Relationships with Small-Business Customers
Latest Coalition Greenwich survey highlights bank's commitment to help small employers BUFFALO, N.Y. , Feb. 15, 2023 /PRNewswire/ -- For the second consecutive year, M&T Bank (NYSE:MTB) has been recog...
M&T Bank (MTB) Q4 Earnings Beat Estimates on Higher Revenues
Increase in revenues, solid loan and deposit balance and higher rates support M&T Bank's (MTB) Q4 earnings, while higher provisions and expenses pose as undermining factors.
M&T Bank Corporation (MTB) Q4 Earnings and Revenues Beat Estimates
M&T Bank Corporation (MTB) delivered earnings and revenue surprises of 2.24% and 5.99%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
M&T BANK CORPORATION ANNOUNCES FOURTH QUARTER AND FULL-YEAR RESULTS
BUFFALO, N.Y. , Jan. 19, 2023 /PRNewswire/ -- M&T Bank Corporation ("M&T") (NYSE: MTB) today reported its results of operations for the full year and quarter ended December 31, 2022.
M&T Bank Corporation Announces Series H Preferred Stock Quarterly Dividend
BUFFALO, N.Y. , Jan. 18, 2023 /PRNewswire/ -- M&T Bank Corporation ("M&T") (NYSE: MTB) announced that it has declared a quarterly cash dividend of $0.3515625 per share on its Perpetual Fixed-to-Floati...
M&T Bank Corporation Elects Carlton J. Charles to Board of Directors
BUFFALO, N.Y. , Jan. 18, 2023 /PRNewswire/ -- M&T Bank Corporation (NYSE: MTB) ("M&T") announced today the election of Carlton J.
M&T Bank Corporation (MTB) Reports Next Week: Wall Street Expects Earnings Growth
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.
3 Best Performing S&P 500 Bank Stocks of 2022
Despite a challenging operating backdrop in 2022, the S&P 500 banks - Regions (RF), M&T Bank (MTB) and Huntington (HBAN) - remain on investors' radar on strong fundamentals and prospects.
M&T Bank Corporation Announces Fourth Quarter & Full-Year 2022 Earnings Release and Conference Call
BUFFALO, N.Y. , Dec. 21, 2022 /PRNewswire/ -- M&T Bank Corporation ("M&T") (NYSE: MTB) plans to announce its fourth quarter and full-year 2022 earnings results in a press release that will be issued b...
M&T Bank's (MTB) Subsidiary to Sell CIT Business to Madison
M&T Bank's (MTB) subsidiary, Wilmington Trust, agrees to sell its collective investment trust business to Madison.