M&T Bank Stock Forecast

Stock Price Forecast

The 17 analysts with 12-month price forecasts for M&T Bank stock have an average target of 221.68, with a low estimate of 161 and a high estimate of 250. The average target predicts an increase of 13.36% from the current stock price of 195.56.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$161	$221.68	$223	$250
Change	-17.67%	+13.36%	+14.03%	+27.84%

Analyst Ratings

The average analyst rating for M&T Bank stock from 17 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	Aug '24	Sep '24	Oct '24	Nov '24	Dec '24	Jan '25
Strong Buy	2	2	2	1	1	2
Buy	4	5	7	7	6	6
Hold	8	7	6	7	9	8
Sell	1	1	1	1	1	1
Strong Sell	0	0	0	0	0	0
Total	15	15	16	16	17	17

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Peter Winter DA Davidson	DA Davidson	Hold Maintains $222 → $223	Hold	Maintains	$222 → $223	+14.03%	Jan 17, 2025
Brian Foran Truist Securities	Truist Securities	Strong Buy Reiterates $233 → $236	Strong Buy	Reiterates	$233 → $236	+20.68%	Jan 17, 2025
Brian Foran Truist Securities	Truist Securities	Strong Buy Initiates $233	Strong Buy	Initiates	$233	+19.15%	Jan 7, 2025
Jason Goldberg Barclays	Barclays	Hold Maintains $228 → $235	Hold	Maintains	$228 → $235	+20.17%	Jan 6, 2025
David Rochester Compass Point	Compass Point	Hold Maintains $220 → $250	Hold	Maintains	$220 → $250	+27.84%	Dec 10, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

9.76B

Revenue Next Year

10.20B

from 9.76B

4.50%

from 9.76B

EPS This Year

16.47

from 14.64

12.48%

from 14.64

EPS Next Year

18.65

from 16.47

13.28%

from 16.47

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	-	-	-	-	-	9.76B	10.20B	10.13B
Revenue Growth	-13.63%	17.70%	26.29%	17.44%	-3.66%	-	4.50%	-0.69%
EPS	9.94	13.80	11.53	15.79	14.64	16.47	18.65	15.40
EPS Growth	-27.75%	38.86%	-16.45%	36.95%	-7.28%	12.48%	13.28%	-17.43%
Forward PE	-	-	-	-	-	11.88	10.48	12.70
No. Analysts	-	-	-	-	-	23	18	2

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

Revenue Forecast

Revenue	2025	2026	2027
High	10.3B	10.8B	10.8B
Avg	9.8B	10.2B	10.1B
Low	9.3B	9.6B	9.6B

Revenue Growth

Revenue Growth	2025	2026	2027
High	-	10.7%	5.5%
Avg	-	4.5%	-0.7%
Low	-	-1.6%	-5.7%

EPS Forecast

EPS	2025	2026	2027
High	17.85	20.93	16.01
Avg	16.47	18.65	15.40
Low	15.37	15.62	14.95

EPS Growth

EPS Growth	2025	2026	2027
High	22.0%	27.1%	-14.2%
Avg	12.5%	13.3%	-17.4%
Low	5.0%	-5.1%	-19.9%

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.