M&T Bank Corporation (MTB)

M&T Bank Stock Forecast

Stock Price Forecast

The 18 analysts that cover M&T Bank stock have a consensus rating of "Buy" and an average price target of $216.08, which forecasts a 4.48% increase in the stock price over the next year. The lowest target is $185 and the highest is $251.

Price Target: $216.08 (+4.48%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$185	$216.08	$217	$251
Change	-10.55%	+4.48%	+4.92%	+21.36%

Analyst Ratings

The average analyst rating for M&T Bank stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Jul '25	Aug '25	Sep '25	Oct '25	Nov '25	Dec '25
Strong Buy	3	3	3	3	3	2
Buy	7	7	7	7	7	7
Hold	8	8	9	10	10	8
Sell	1	1	1	1	1	1
Strong Sell	0	0	0	0	0	0
Total	19	19	20	21	21	18

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
David Konrad Keefe, Bruyette & Woods	Keefe, Bruyette & Woods	Hold Maintains $220 → $230	Hold	Maintains	$220 → $230	+11.21%	Dec 17, 2025
Brian Foran Truist Securities	Truist Securities	Strong Buy → Hold Downgrades $217	Strong Buy → Hold	Downgrades	$217	+4.92%	Dec 12, 2025
Steven Alexoloulos TD Cowen	TD Cowen	Strong Buy Maintains $235 → $245	Strong Buy	Maintains	$235 → $245	+18.46%	Oct 20, 2025
Brian Foran Truist Securities	Truist Securities	Strong Buy Maintains $227 → $217	Strong Buy	Maintains	$227 → $217	+4.92%	Oct 17, 2025
Erika Najarian UBS	UBS	Hold Maintains $207 → $208	Hold	Maintains	$207 → $208	+0.57%	Oct 7, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

9.78B

Increased by 12.85%

from 8.67B

Revenue Next Year

10.14B

Increased by 3.67%

from 9.78B

EPS This Year

16.94

Increased by 15.70%

from 14.64

EPS Next Year

18.94

Increased by 11.79%

from 16.94

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	5.15B	6.07B	7.66B	9.00B	8.67B	9.78B	10.14B
Revenue Growth	-13.63%	17.70%	26.29%	17.44%	-3.66%	12.85%	3.67%
EPS	9.94	13.80	11.53	15.79	14.64	16.94	18.94
EPS Growth	-27.75%	38.86%	-16.45%	36.95%	-7.28%	15.70%	11.79%
Forward PE	-	-	-	-	-	12.21	10.92
No. Analysts	-	-	-	-	-	24	24

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027	2028	2029	2030
High	10.2B	10.7B
Avg	9.8B	10.1B
Low	9.3B	9.4B

Revenue Growth

Revenue Growth	2025	2026	2027	2028	2029	2030
High	18.0%	9.6%
Avg	12.9%	3.7%
Low	7.6%	-3.4%

EPS Forecast

EPS	2025	2026	2027	2028	2029	2030
High	17.93	20.22
Avg	16.94	18.94
Low	15.90	17.26

EPS Growth

EPS Growth	2025	2026	2027	2028	2029	2030
High	22.5%	19.4%
Avg	15.7%	11.8%
Low	8.6%	1.9%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.