M&T Bank Corporation (MTB)

M&T Bank Stock Forecast

Stock Price Forecast

The 20 analysts with 12-month price forecasts for M&T Bank stock have an average target of 208.9, with a low estimate of 161 and a high estimate of 253. The average target predicts an increase of 30.47% from the current stock price of 160.11.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$161	$208.9	$210	$253
Change	+0.56%	+30.47%	+31.16%	+58.02%

Analyst Ratings

The average analyst rating for M&T Bank stock from 20 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Nov '24	Dec '24	Jan '25	Feb '25	Mar '25	Apr '25
Strong Buy	1	1	2	2	2	2
Buy	7	6	6	6	6	8
Hold	7	9	8	8	8	9
Sell	1	1	1	1	1	1
Strong Sell	0	0	0	0	0	0
Total	16	17	17	17	17	20

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Brian Foran Truist Securities	Truist Securities	Strong Buy Maintains $225 → $200	Strong Buy	Maintains	$225 → $200	+24.91%	Apr 15, 2025
Brad Erickson RBC Capital	RBC Capital	Buy Maintains $208 → $200	Buy	Maintains	$208 → $200	+24.91%	Apr 15, 2025
Frank Schiraldi Piper Sandler	Piper Sandler	Buy Maintains $220 → $210	Buy	Maintains	$220 → $210	+31.16%	Apr 15, 2025
Mike Mayo Wells Fargo	Wells Fargo	Sell Maintains $185 → $175	Sell	Maintains	$185 → $175	+9.30%	Apr 15, 2025
Jason Goldberg Barclays	Barclays	Hold Maintains $235 → $220	Hold	Maintains	$235 → $220	+37.41%	Apr 15, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

9.76B

Increased by 12.54%

from 8.67B

Revenue Next Year

10.16B

Increased by 4.17%

from 9.76B

EPS This Year

16.52

Increased by 12.87%

from 14.64

EPS Next Year

18.99

Increased by 14.93%

from 16.52

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	5.15B	6.07B	7.66B	9.00B	8.67B	9.76B	10.16B	10.38B
Revenue Growth	-13.63%	17.70%	26.29%	17.44%	-3.66%	12.54%	4.17%	2.14%
EPS	9.94	13.80	11.53	15.79	14.64	16.52	18.99	21.27
EPS Growth	-27.75%	38.86%	-16.45%	36.95%	-7.28%	12.87%	14.93%	11.98%
Forward PE	-	-	-	-	-	9.69	8.43	7.53
No. Analysts	-	-	-	-	-	21	21	8

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

Revenue Forecast

Revenue	2025	2026	2027	2028	2029
High	10.2B	10.7B	11.0B
Avg	9.8B	10.2B	10.4B
Low	9.2B	9.4B	9.6B

Revenue Growth

Revenue Growth	2025	2026	2027	2028	2029
High	18.1%	9.7%	8.4%
Avg	12.5%	4.2%	2.1%
Low	6.6%	-3.3%	-5.6%

EPS Forecast

EPS	2025	2026	2027	2028	2029
High	18.12	21.27	23.80
Avg	16.52	18.99	21.27
Low	15.59	17.81	20.14

EPS Growth

EPS Growth	2025	2026	2027	2028	2029
High	23.8%	28.7%	25.3%
Avg	12.9%	14.9%	12.0%
Low	6.5%	7.8%	6.0%

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.