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M&T Bank Corporation (MTB)

NYSE: MTB · Delayed Price · USD
133.94 -3.61 (-2.62%)
Sep 20, 2021 4:00 PM EDT - Market closed
Market Cap17.24B
Revenue (ttm)5.76B
Net Income (ttm)1.67B
Shares Out128.67M
EPS (ttm)13.01
PE Ratio10.30
Forward PE11.00
Dividend$4.40 (3.29%)
Ex-Dividend DateAug 31, 2021
Volume852,563
Open134.01
Previous Close137.55
Day's Range131.42 - 134.18
52-Week Range85.78 - 165.79
Beta1.20
AnalystsHold
Price Target161.26 (+20.4%)
Est. Earnings DateOct 21, 2021

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...

IndustryBanks
Founded1856
CEORene Jones
Employees16,978
Stock ExchangeNYSE
Ticker SymbolMTB
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 Forecast

According to 21 analysts, the average rating for M&T Bank stock is "Hold." The 12-month stock price forecast is 161.26, which is an increase of 20.40% from the latest price.

Price Target
$161.26
(20.40% upside)
Analyst Consensus: Hold

News

M&T Bank Corporation Announces Third Quarter Earnings Conference Call

BUFFALO, N.Y., Sept. 20, 2021 /PRNewswire/ -- M&T Bank Corporation ("M&T") (NYSE: MTB) plans to announce its third quarter 2021 earnings results in a press release that will be issued before the market ...

20 hours ago - PRNewsWire

M&T Bank Corporation to Participate in Barclays Global Financial Services Conference

BUFFALO, N.Y., Sept. 1, 2021 /PRNewswire/ -- M&T Bank Corporation (NYSE:MTB)("M&T") will participate in the Barclays Global Financial Services Conference, which is being held in a virtual format.

2 weeks ago - PRNewsWire

M&T Bank Corporation Announces Third Quarter Common Stock Dividend

BUFFALO, N.Y., Aug. 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.

1 month ago - PRNewsWire

We like the banking group right now: Matrix Advisors' Katz

David Katz, Matrix Asset Advisors on the sectors and stocks he's watching right now. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi » Subscribe to CNBC TV...

Other symbols:BKUSB
1 month ago - CNBC Television

3 Top Buy-Rated Stocks With Dividends Expected to Rise This Week

After years of a low interest rate environment, many investors have turned to equities not only for the growth potential but also for solid and dependable dividends that help to provide an income stream.

Other symbols:CABOVRTS
1 month ago - 24/7 Wall Street

M&T Bank Features Business Clients in Virtual Spotlight Shop

BUFFALO, N.Y., Aug. 16, 2021 /PRNewswire/ -- M&T Bank (NYSE: MTB) is featuring more than 70 of its business clients throughout seven states and Washington, D.C.

1 month ago - PRNewsWire

2 Cheap Dividend Stocks You Can Buy Right Now

Both of these stocks deliver higher-than-average dividend yields and recently made acquisitions.

Other symbols:PNC
1 month ago - The Motley Fool

M&T Bank, Aspen Institute Announce Recipients of Baltimore City's First Weaver Awards

BALTIMORE, Aug. 11, 2021 /PRNewswire/ -- M&T Bank (NYSE: MTB) and Weave: The Social Fabric Project, a program of the Aspen Institute, have announced winners of the first-ever Weaver Awards celebrating a...

1 month ago - PRNewsWire

A Bad Quarter Offers a Good Opportunity to Get In on This Historically Strong Bank Stock

This bank has struggled in 2021 and now trades at a historically low valuation that could present a good buying opportunity.

Other symbols:PBCT
1 month ago - The Motley Fool

Is This Regional Bank a Buy After Missing Analyst Expectations?

M&T Bank narrowly missed analyst expectations on revenue, but came up short on diluted EPS by a wider margin.

1 month ago - The Motley Fool

M&T Bank Corporation and People's United Provide Update on Pending Merger

BUFFALO, N.Y. and BRIDGEPORT, Conn.

Other symbols:PBCT
1 month ago - PRNewsWire

M&T Bank's (MTB) Q2 Earnings Miss Estimates, Expenses Flare Up

M&T Bank's (MTB) Q2 earnings reflect rise in fee income and recapture of provisions amid cost woes.

1 month ago - Zacks Investment Research

M&T Bank Corporation (MTB) Q2 Earnings and Revenues Lag Estimates

M&T Bank Corporation (MTB) delivered earnings and revenue surprises of -6.76% and -1.99%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

1 month ago - Zacks Investment Research

M&T Bank: Q2 Earnings Insights

Shares of M&T Bank (NYSE:MTB) moved higher by 0.6% in pre-market trading after the company reported Q2 results. Quarterly Results Earnings per share rose 96.02% year over year to $3.45, which missed the...

1 month ago - Benzinga

M&T Bank Corporation Announces Second Quarter Results

BUFFALO, N.Y., July 21, 2021 /PRNewswire/ -- M&T Bank Corporation ("M&T") (NYSE: MTB) today reported its results of operations for the quarter ended June 30, 2021.

2 months ago - PRNewsWire

Is a Surprise Coming for M&T Bank (MTB) This Earnings Season?

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

2 months ago - Zacks Investment Research

Earnings Outlook For M&T Bank

On Wednesday, July 21, M&T Bank (NYSE:MTB) will release its latest earnings report. Check out Benzinga's preview to understand the implications.

2 months ago - Benzinga

5 Dirt-Cheap Stocks Set to Report Triple-Digit Earnings Growth

Hasbro (HAS), FreeportMcMoRan (FCX), LyondellBasell (LYB), M&T Bank (MTB) and Dow (DOW) are undervalued at the current levels and are expected to report triple-digit earnings growth.

Other symbols:DOWFCXHASLYB
2 months ago - Zacks Investment Research

M&T Bank Again Earns 'Outstanding' Rating On Community Reinvestment Act Exam

BUFFALO, N.Y., July 20, 2021 /PRNewswire/ -- M&T Bank (NYSE: MTB) has again received an "Outstanding" Community Reinvestment Act (CRA) rating from the Federal Reserve Bank of New York – a streak of earn...

2 months ago - PRNewsWire

M&T Bank (MTB) to Report Q2 Earnings: What's in the Offing?

While soft loan demand and flattening of the yield curve are expected to have hurt M&T Bank's (MTB) net interest income, strength in fee income growth is anticipated to have buoyed its Q2 performance.

2 months ago - Zacks Investment Research

M&T Bank Once Again Named a Best Place to Work for Disability Inclusion

BUFFALO, N.Y., July 15, 2021 /PRNewswire/ --  M&T Bank  (NYSE: MTB) announced today that for the third year in a row it has been recognized as one of the Best Places to Work for Disability Inclusion in ...

2 months ago - PRNewsWire

M&T Bank Corporation (MTB) Reports Next Week: Wall Street Expects Earnings Growth

M&T Bank Corporation (MTB) possesses 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

The 6 Biggest Bank Acquisitions in the First Half of 2021

Bank mergers and acquisitions rebounded in the first half of 2021 after slowing down last year due to the pandemic.

2 months ago - The Motley Fool

Stocks This Week: Buy Juniper Networks And M&T Bank

Stocks are due to extend the rally. Here are long recommendations.

Other symbols:JNPR
2 months ago - Forbes

M&T Bank (MTB) Launches New Features Under Wilmington Advisors (Revised)

M&T Bank (MTB) launches Wilmington Advisors @ M&T to transition its retail brokerage and advisory business to the LPL platform.

2 months ago - Zacks Investment Research