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M&T Bank Corporation (MTB)

Stock Price: $118.72 USD -2.27 (-1.87%)
Updated November 30, 12:43 PM EST - Market open

Stock Price Chart

Key Info

Market Cap 15.23B
Revenue (ttm) 5.17B
Net Income (ttm) 1.30B
Shares Out 128.29M
EPS (ttm) 10.04
PE Ratio 11.82
Forward PE 12.22
Dividend $4.40
Dividend Yield 3.71%

Stock Quote

Trading Day November 30
Last Price $118.72
Previous Close $120.98
Change ($) -2.27
Change (%) -1.87%
Day's Open 119.50
Day's Range 118.56 - 121.19
Day's Volume 391,581
52-Week Range 86.31 - 168.24

More Stats

Market Cap 15.23B
Enterprise Value n/a
Earnings Date (est) n/a
Ex-Dividend Date Nov 30, 2020
Shares Outstanding 128.29M
Float n/a
EPS (basic) 10.02
EPS (diluted) 10.04
FCF / Share 8.36
Dividend $4.40
Dividend Yield 3.71%
Earnings Yield 8.46%
FCF Yield 7.04%
Payout Ratio 43.90%
Shares Short 2.37M
Short Ratio 2.08
Short % of Float n/a
Beta 1.21
PE Ratio 11.82
Forward PE 12.22
P/FCF Ratio 14.21
PS Ratio 2.95
PB Ratio 1.05
Revenue 5.17B
Operating Income 2.12B
Net Income 1.30B
Free Cash Flow 1.07B
Net Cash 16.18B
Net Cash / Share 126.13
Gross Margin 115.54%
Operating Margin 41.05%
Profit Margin 25.20%
FCF Margin 20.75%
ROA 1.04%
ROE 8.63%
ROIC 1.50%
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Forecasts

Analyst Ratings (21)

Buy 3
Overweight 1
Hold 16
Underweight 0
Sell 1

Analyst Consensus: Overweight

Price Target

$122.52*
(3.21% upside)
Low
100
Current: $118.72
High
159
Target: 122.52
*Average 12-month price target from 19 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Year2019201820172016201520142013201220112010
Revenue6,0165,7965,4645,1064,4984,3324,3534,0623,7033,008
Revenue Growth3.79%6.08%7.02%13.52%3.83%-0.5%7.18%9.7%23.11%-
Gross Profit6,0165,7965,4645,1064,4984,3324,3534,0623,7033,008
Operating Income2,8382,8002,6422,3781,9171,8831,8821,7141,3861,230
Net Income1,8501,8361,3281,2239889791,062953782676
Shares Outstanding132140151155133132130128126119
Earnings Per Share13.7512.748.707.787.187.428.207.546.355.69
EPS Growth7.93%46.44%11.83%8.36%-3.23%-9.51%8.75%18.74%11.6%-
Dividend Per Share4.103.553.002.802.802.802.802.802.802.80
Dividend Growth15.49%18.33%7.14%0%0%0%0%0%0%-
Operating Cash Flow2,3582,0902,7821,1831,7421,0999325001,7721,676
Capital Expenditures-178-97.68-78.97-108-81.94-73.16-130-91.52-70.01-70.46
Free Cash Flow2,1801,9922,7031,0761,6601,0268034081,7021,605
Cash & Equivalents8,6269,7116,5006,3218,9627,8443,3242,1171,6071,035
Total Debt7,04912,8438,3179,65712,7869,2005,3695,6827,4688,788
Net Cash / Debt1,578-3,133-1,817-3,336-3,824-1,355-2,045-3,566-5,861-7,753
Assets119,873120,097118,593123,449122,78896,68685,16283,00977,92468,021
Liabilities104,156104,637102,343106,963106,61584,35073,85772,80668,65359,664
Book Value15,71715,46016,25116,48716,17312,33611,30610,2039,2718,358
Numbers in millions USD, except per-share numbers.

Company Profile

Company Details

Full Name M&T Bank Corporation
Country United States
Employees 16,980
CEO René F. Jones

Stock Information

Ticker Symbol MTB
Stock Exchange New York Stock Exchange
Sector Financial Services
Industry Banks—Regional
Unique Identifier NYSE: MTB

Description

M&T Bank Corporation operates as the holding company for Manufacturers and Traders Trust Company; and Wilmington Trust, National Association that provide banking services. The company's Business Banking segment offers deposits, business loans and leases, and credit cards; and cash management, payroll, and letters of credit services to small businesses and professionals. Its Commercial Banking segment provides credit and banking services for middle-market and large commercial customers. The company's Commercial Real Estate segment offers multifamily residential and commercial real estate credit, and deposit services. Its Discretionary Portfolio segment provides deposits; securities, residential real estate loans, and other assets; and short and long term borrowed funds, as well as foreign exchange services. The company's Residential Mortgage Banking segment offers residential real estate loans for consumers and sells those loans in the secondary market; and purchases servicing rights to loans originated by other entities. Its Retail Banking segment offers demand, savings, and time accounts; consumer installment loans, automobile and recreational finance loans, home equity loans and lines of credit, and credit cards; mutual funds and annuities; and other services. The company also provides trust and wealth management; fiduciary and custodial; investment management; and insurance agency services. It offers its services through banking offices, business banking centers, telephone and Internet banking, mobile banking, and automated teller machines. As of December 31, 2019, the company operates 731 domestic banking offices in New York State, Maryland, New Jersey, Pennsylvania, Delaware, Connecticut, Virginia, West Virginia, and the District of Columbia; a full-service commercial banking office in Ontario, and Canada; and an office in George Town, Cayman Islands. M&T Bank Corporation was founded in 1856 and is headquartered in Buffalo, New York.