M&T Bank Corporation (MTB)

NYSE: MTB · IEX Real-Time Price · USD
166.64
+7.00 (4.38%)
Jun 24, 2022 4:02 PM EDT - Market closed
4.38%
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...]

Industry Banks
Founded 1856
CEO Rene Jones
Employees 17,457
Stock Exchange NYSE
Ticker Symbol MTB
Full Company Profile

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 Statements

Analyst 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.

Price Target
$210.24
(26.16% upside)
Analyst Consensus: Buy
Stock Forecasts

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.

Other symbols: FRCSIVB

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.

Other symbols: NTRS

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.

Other symbols: BMYKMI

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.

Other symbols: CMAFITB

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.

Other symbols: IBMHCA

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.