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M&T Bank Corporation (MTB)

Stock Price: $152.54 USD -1.79 (-1.16%)
Updated Jun 16, 2021 10:36 AM EDT - Market open
Market Cap 19.63B
Revenue (ttm) 5.41B
Net Income (ttm) 1.46B
Shares Out 128.54M
EPS (ttm) 11.34
PE Ratio 13.45
Forward PE 11.99
Dividend $4.40
Dividend Yield 2.88%
Trading Day June 16
Last Price $152.54
Previous Close $154.33
Change ($) -1.79
Change (%) -1.16%
Day's Open 153.12
Day's Range 151.40 - 153.12
Day's Volume 69,115
52-Week Range 86.46 - 167.12

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BUFFALO, N.Y., June 15, 2021 /PRNewswire/ -- M&T Bank announced it will be the first U.S. bank to team up with MagnusCards™ by Magnusmode, a free app dedicated to making the world a more accessible plac...

1 day ago - PRNewsWire

BUFFALO, N.Y., June 8, 2021 /PRNewswire/ -- M&T Bank Corporation (NYSE: MTB) (M&T Bank) today released its 2020 Environmental, Social, and Governance (ESG) Report [mtb.com/esg].

1 week ago - PRNewsWire

BUFFALO, N.Y., June 2, 2021 /PRNewswire/ -- M&T Bank Corporation ("M&T") (NYSE: MTB) plans to announce its second quarter 2021 earnings results in a press release that will be issued before the market o...

2 weeks ago - PRNewsWire

The following banks have grown their earnings per share over the past five-year period. According to the GuruFocus discounted cash flow calculator as of June 1, all of them also trade with a margin of s...

Other stocks mentioned: CNBKA, HIFS, SBNY, SIVB
2 weeks ago - GuruFocus

M&T Bank (MTB) and People's United (PBCT) receive shareholder nod for merger deal, reflecting the companies' confidence in the rationale and synergies of the merger.

2 weeks ago - Zacks Investment Research

BUFFALO, N.Y., May 26, 2021 /PRNewswire/ -- M&T Bank has appointed Mike Keegan, its long-time Area Executive for Upstate New York and New England, to a new role as Executive Vice President and Head of C...

2 weeks ago - PRNewsWire

BUFFALO, N.Y. and BRIDGEPORT, Conn.

Other stocks mentioned: PBCT
2 weeks ago - PRNewsWire

BUFFALO, N.Y., May 24, 2021 /PRNewswire/ -- M&T Bank Corporation ("M&T") (NYSE: MTB), the nation's fifth largest Small Business Administration (SBA) lender in fiscal year 2020, today announced more than...

3 weeks ago - PRNewsWire

M&T Bank Corporation (MTB) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

3 weeks ago - Zacks Investment Research

Berkshire Hathaway has continued to reduce its stakes in banks.

Other stocks mentioned: AXP, BAC, JPM, PNC, SYF, USB, WFC
3 weeks ago - The Motley Fool

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

3 weeks ago - Zacks Investment Research

BUFFALO, N.Y., May 19, 2021 /PRNewswire/ -- M&T Bank Corporation ("M&T") (NYSE: MTB) today announced that Brian Klock joined M&T Bank as senior vice president, May 17, 2021 and work closely with current...

4 weeks ago - PRNewsWire

BUFFALO, N.Y., May 18, 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.

4 weeks ago - PRNewsWire

Investors are gearing up for a potential jump in inflation rates following an unprecedented $6 trillion in U.S. government stimulus spending since the beginning of 2020. An extended period of elevated i...

Other stocks mentioned: C, PNC
1 month ago - Benzinga

BUFFALO, N.Y., April 28, 2021 /PRNewswire/ -- M&T Bank today debuted its collaborative workspace inside the Tech Hub at Seneca One, marking the completion of construction at the now-transformed downtown...

1 month ago - PRNewsWire

BUFFALO, N.Y., April 22, 2021 /PRNewswire/ -- M&T Bank Corporation announced the appointment of John D'Angelo as Director of its Environmental, Social, and Governance (ESG) Office, a newly created role ...

1 month ago - PRNewsWire

M&T Bank CEO: We're going to see robust recovery due to stimulus

YouTube video

M&T Bank has outperformed the broader market this year, rallying by 19 percent compared to just 11 percent for the S&P 500. M&T Bank CEO Rene Jones joins 'Closing Bell' to discuss whether the strong eco...

1 month ago - CNBC Television

M&T Bank's (MTB) Q1 performance highlights strong capital position, higher loans balance and lower provisions.

1 month ago - Zacks Investment Research

M&T Bank Corporation (MTB) delivered earnings and revenue surprises of 15.20% and 0.86%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

1 month ago - Zacks Investment Research

Shares of M&T Bank (NYSE:MTB) rose 1.2% in pre-market trading after the company reported Q1 results. Quarterly Results Earnings per share rose 74.87% over the past year to $3.41, which beat the estimate...

1 month ago - Benzinga

BUFFALO, N.Y., April 19, 2021 /PRNewswire/ -- M&T Bank Corporation ("M&T") (NYSE: MTB) today reported its results of operations for the quarter ended March 31, 2021.

1 month ago - PRNewsWire

Some of the stocks that may grab investor focus today are: Wall Street expects Coca-Cola Co (NYSE: KO) to report quarterly earnings at $0.50 per share on revenue of $8.61 billion before the opening bell...

Other stocks mentioned: IBM, KO, TSLA, UAL
1 month ago - Benzinga

M&T Bank (NYSE:MTB) unveils its next round of earnings this Monday, April 19. Get prepared with Benzinga's ultimate preview for M&T Bank's Q1 earnings.

2 months ago - Benzinga

M&T Bank (MTB) Q1 earnings might have been hurt by dismal lending scenario, lower interest rates and higher costs. However, strong equity markets and robust mortgage banking business might have aided.

2 months ago - Zacks Investment Research

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.

2 months ago - Zacks Investment Research

Looking for a combination of value and income can be hard with the S&P 500 trading at a twelve-month trailing price-earnings ratio of 39 and offering an average dividend yield of 1.5%.

Other stocks mentioned: BXP, IFF
2 months ago - GuruFocus

You can't understand the story of M&T Bank without understanding the story of its chairman and CEO, Rene Jones.

2 months ago - The Motley Fool

For years, analysts and portfolio managers have anticipated the return of value stocks as the market has moved higher, and for years they have continued to underperform growth stocks.

Other stocks mentioned: CAH, MPC, NRG, PFG
2 months ago - 24/7 Wall Street

As of March 24, the GuruFocus All-in-One Screener, a Premium feature, found that the following companies have low price-earnings ratios and high dividend yields.

Other stocks mentioned: ETR, IX, KR, PPL
2 months ago - GuruFocus

Despite mounting expenses, steady capital-deployment activities and rising loan balance are likely to keep M&T Bank (MTB) at an advantageous position.

2 months ago - Zacks Investment Research

BUFFALO, N.Y., March 18, 2021 /PRNewswire/ -- M&T Bank Corporation ("M&T") (NYSE:MTB) plans to announce its first quarter 2021 earnings results in a press release that will be issued before the market o...

2 months ago - PRNewsWire

Banks are likely to benefit as Fed offers upbeat GDP growth projections. Let's check M&T Bank (MTB), East West Bancorp (EWBC), Synovus (SNV), Webster (WBS) & Western Alliance (WAL) as these are likely t...

Other stocks mentioned: EWBC, SNV, WAL, WBS
2 months ago - Zacks Investment Research

Strong fundamentals and growth prospects make M&T Bank (MTB) stock a wise investment option now.

3 months ago - Zacks Investment Research

Berkshire spent billions on stocks in the fourth quarter, but did quite a bit of selling, too.

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

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 (NYSE: XLF) ...

Other stocks mentioned: CFG, KBE, PNC, WFC, XLF
3 months ago - Benzinga

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 format. R...

3 months ago - PRNewsWire

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
3 months ago - Zacks Investment Research

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 sale of Peopl...

3 months ago - PRNewsWire

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

3 months ago - The Motley Fool

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.

3 months ago - Zacks Investment Research

M&A in banks will get bigger: KBW CEO Tom Michaud

YouTube video

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
3 months ago - CNBC Television

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 concerning the p...

Other stocks mentioned: PBCT
3 months ago - PRNewsWire

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 business.

3 months ago - Fox Business

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

3 months ago - The Motley Fool

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

Other stocks mentioned: PBCT
3 months ago - Forbes

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 today that th...

Other stocks mentioned: PBCT
3 months ago - PRNewsWire

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 all-stock ag...

3 months ago - PYMNTS

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

3 months ago - Zacks Investment Research

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
3 months ago - The Motley Fool

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
3 months ago - The Motley Fool

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
17,157
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 167.96, which is an increase of 10.11% from the latest price.

Price Target
$167.96
(10.11% upside)
Analyst Consensus: Hold