M&T Bank Corporation (MTB)
NYSE: MTB · Real-Time Price · USD
213.52
-0.19 (-0.09%)
Nov 20, 2024, 4:00 PM EST - Market closed

M&T Bank Stock Forecast

Stock Price Forecast

The 16 analysts with 12-month price forecasts for M&T Bank stock have an average target of 202.5, with a low estimate of 145 and a high estimate of 232. The average target predicts a decrease of -5.16% from the current stock price of 213.52.

Analyst Consensus: Buy
Target Low Average Median High
Price $145 $202.5 $210 $232
Change -32.09% -5.16% -1.65% +8.65%

Analyst Ratings

The average analyst rating for M&T Bank stock from 16 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 Jun '24Jul '24Aug '24Sep '24Oct '24Nov '24
Strong Buy 122222
Buy 444577
Hold 998766
Sell 001111
Strong Sell 000000
Total 141515151616

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Wells Fargo
Wells Fargo
Sell
Maintains
$190$205
Sell Maintains $190$205 -3.99% Nov 15, 2024
Evercore ISI Group
Evercore ISI Group
Buy
Maintains
$210$232
Buy Maintains $210$232 +8.65% Oct 30, 2024
DA Davidson
DA Davidson
Hold
Maintains
$192$207
Hold Maintains $192$207 -3.05% Oct 21, 2024
Wells Fargo
Wells Fargo
Sell
Maintains
$165$190
Sell Maintains $165$190 -11.02% Oct 18, 2024
B of A Securities
B of A Securities
Strong Buy
Maintains
$188$218
Strong Buy Maintains $188$218 +2.10% Oct 18, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
9.36B
Revenue Next Year
9.70B
from 9.36B
Increased by 3.63%
EPS This Year
14.75
from 15.79
Decreased by -6.56%
EPS Next Year
16.44
from 14.75
Increased by 11.40%
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2019 Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
-----9.36B9.70B10.12B
Revenue Growth
2.96%-13.63%17.70%26.29%17.44%-3.63%4.28%
EPS
13.759.9413.8011.5315.7914.7516.4418.59
EPS Growth
7.99%-27.75%38.86%-16.45%36.95%-6.56%11.40%13.11%
Forward PE
-----14.4712.9911.48
No. Analysts -----232318
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
High 9.9B 10.3B 10.8B
Avg 9.4B 9.7B 10.1B
Low 9.0B 9.2B 9.6B

Revenue Growth

Revenue Growth 20242025202620272028
High -
9.6%
11.0%
Avg -
3.6%
4.3%
Low -
-1.5%
-1.1%

EPS Forecast

EPS 20242025202620272028
High 15.94 17.85 20.81
Avg 14.75 16.44 18.59
Low 14.05 15.37 15.62

EPS Growth

EPS Growth 20242025202620272028
High
0.9%
21.0%
26.6%
Avg
-6.6%
11.4%
13.1%
Low
-11.0%
4.1%
-5.0%
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.