M&T Bank Corporation (MTB)
NYSE: MTB · IEX Real-Time Price · USD
145.44
+0.64 (0.44%)
Mar 28, 2024, 4:00 PM EDT - Market closed

M&T Bank Stock Forecast

Stock Price Forecast

The 14 analysts with 12-month price forecasts for M&T Bank stock have an average target of 151.69, with a low estimate of 133 and a high estimate of 179. The average target predicts an increase of 4.30% from the current stock price of 145.44.

Analyst Consensus: Buy
Target Low Average Median High
Price $133 $151.69 $152 $179
Change -8.55% +4.30% +4.51% +23.07%

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 Oct '23Nov '23Dec '23Jan '24Feb '24Mar '24
Strong Buy 333333
Buy 553444
Hold 999999
Sell 000000
Strong Sell 000000
Total 171715161616

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Evercore ISI Group
Evercore ISI Group
Hold
Maintains
$146$157
Hold Maintains $146$157 +7.95% Mar 28, 2024
DA Davidson
DA Davidson
Hold
Reiterates
$159
Hold Reiterates $159 +9.32% Mar 6, 2024
Morgan Stanley
Morgan Stanley
Buy
Maintains
$160$179
Buy Maintains $160$179 +23.07% Feb 7, 2024
DA Davidson
DA Davidson
Hold
Maintains
$163$159
Hold Maintains $163$159 +9.32% Jan 19, 2024
Piper Sandler
Piper Sandler
Buy
Maintains
$156$152
Buy Maintains $156$152 +4.51% Jan 19, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
9.19B
from 9.00B
Increased by 2.18%
Revenue Next Year
9.49B
from 9.19B
Increased by 3.23%
EPS This Year
14.19
from 15.79
Decreased by -10.14%
EPS Next Year
16.14
from 14.19
Increased by 13.73%
Year 201920202021202220232024202520262027
Revenue
6.02B5.15B6.07B7.66B9.00B9.19B9.49B9.89B9.90B
Revenue Growth
3.79%-14.31%17.70%26.29%17.44%2.18%3.23%4.20%0.11%
EPS
13.759.9413.8011.5315.7914.1916.1418.57-
EPS Growth
7.93%-27.71%38.83%-16.45%36.95%-10.14%13.73%15.10%-
No. Analysts -----242282
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 2024202520262027
High 9.7B 10.1B 10.6B 10.3B
Avg 9.2B 9.5B 9.9B 9.9B
Low 8.8B 8.9B 9.3B 9.6B

Revenue Growth

Revenue Growth 2024202520262027
High
7.8%
10.3%
11.7%
4.1%
Avg
2.2%
3.2%
4.2%
0.1%
Low
-1.9%
-2.7%
-2.2%
-2.9%

EPS Forecast

EPS 202420252026
High 16.72 17.96 22.31
Avg 14.19 16.14 18.57
Low 13.08 14.61 14.84

EPS Growth

EPS Growth 202420252026
High
5.9%
26.5%
38.3%
Avg
-10.1%
13.7%
15.1%
Low
-17.1%
3.0%
-8.1%
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.