M&T Bank (MTB) Stock Price, News & Analysis

Company Overview

M&T Bank Corp. operates as a bank holding company, which engages in the provision of retail and commercial banking, trust, wealth management and investment services. It operates through the following segments: Business Banking, Commercial Banking, Commercial Real Estate, Discretionary Portfolio, Residential Mortgage Banking, and Retail Banking. The Business Banking segment provides services to small businesses and professionals through the company's branch network, business banking centers, and other delivery channels such as telephone banking, Internet banking and automated teller machines. The Commercial Banking segment offers credit products and banking services for middle-market and large commercial customers. The Commercial Real Estate segment includes credit and deposit services to its customers. The Discretionary Portfolio segment consists of investment and trading securities, residential mortgage loans and other assets, short-term and long-term borrowed funds, brokered certificates of deposit and interest rate swap agreements related thereto, and Cayman Islands branch deposits. The Residential Mortgage Banking segment consists of residential mortgage loans and sells substantially all of those loans in the secondary market to investors. The Retail Banking segment offers services to consumers through several delivery channels which include branch offices, automated teller machines, telephone banking, and Internet banking. The company was founded on August 30, 1856, and is headquartered in Buffalo, NY.

Key Stats

• Today's Range: $192.38 to $198.39
• 50-Day Range: $185.42 to $202.18
• 52-Week Range: $133.03 to $225.70
• Volume: 1.75 million shs
• Average Volume: 945,721 shs
• Market Capitalization: $31.80 billion
• P/E Ratio: 13.23
• Dividend Yield: 2.79%
• Price Target: $221.68
• Consensus Rating: Hold

M&T Bank Stock Analysis - MarketRank™

M&T Bank scored higher than 98% of companies evaluated by MarketBeat, and ranked 40th out of 930 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.2 / 5
• Analyst Rating: Hold

Consensus Rating

M&T Bank has received a consensus rating of Hold. The company's average rating score is 2.41, and is based on 8 buy ratings, 8 hold ratings, and 1 sell rating.

Amount of Analyst Coverage

M&T Bank has been the subject of 9 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 12.73%

Earnings Growth

Earnings for M&T Bank are expected to grow by 12.73% in the coming year, from $16.57 to $18.68 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of M&T Bank is 13.23, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 23.68.

Price to Earnings Ratio vs. Sector

The P/E ratio of M&T Bank is 13.23, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 24.08.

Price to Earnings Growth Ratio

M&T Bank has a PEG Ratio of 1.38. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

M&T Bank has a P/B Ratio of 1.19. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

2.09% of the outstanding shares of M&T Bank have been sold short.

Short Interest Ratio / Days to Cover

M&T Bank has a short interest ratio ("days to cover") of 2.9, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in M&T Bank has recently increased by 9.90%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Yield

M&T Bank pays a meaningful dividend of 2.73%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

M&T Bank does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of M&T Bank is 36.91%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, M&T Bank will have a dividend payout ratio of 28.91% next year. This indicates that M&T Bank will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 3.6 / 5
• Environmental Score: -0.42

Percentage of Shares Shorted

2.09% of the outstanding shares of M&T Bank have been sold short.

Short Interest Ratio / Days to Cover

M&T Bank has a short interest ratio ("days to cover") of 2.9, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in M&T Bank has recently increased by 9.90%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 3.5 / 5
• News Sentiment: 1.26

News Sentiment

M&T Bank has a news sentiment score of 1.26. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.89 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 22 news articles for M&T Bank this week, compared to 14 articles on an average week.

Search Interest

10 people have searched for MTB on MarketBeat in the last 30 days. This is an increase of 233% compared to the previous 30 days.

MarketBeat Follows

Only 6 people have added M&T Bank to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, M&T Bank insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,005,777.00 in company stock.

Percentage Held by Insiders

Only 0.82% of the stock of M&T Bank is held by insiders.

Percentage Held by Institutions

84.68% of the stock of M&T Bank is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

MTB Stock Analysis - Frequently Asked Questions

How have MTB shares performed this year?

M&T Bank's stock was trading at $188.01 on January 1st, 2025. Since then, MTB stock has increased by 2.9% and is now trading at $193.4840.
View the best growth stocks for 2025 here.

How were M&T Bank's earnings last quarter?

M&T Bank Co. (NYSE:MTB) issued its quarterly earnings data on Thursday, January, 16th. The financial services provider reported $3.92 EPS for the quarter, beating the consensus estimate of $3.70 by $0.22. M&T Bank had a net margin of 19.24% and a trailing twelve-month return on equity of 10.12%.
Read the conference call transcript.

Is M&T Bank buying back stock?

M&T Bank's Board of Directors initiated a stock buyback plan on Wednesday, January 22nd 2025, which authorizes the company to repurchase $4,000,000,000 in shares, according to EventVestor. This means that the company could reacquire up to 12.3% of its stock through open market purchases. Stock buyback plans are typically an indication that the company's board believes its stock is undervalued.

Who are M&T Bank's major shareholders?

Top institutional shareholders of M&T Bank include Vanguard Group Inc. (11.75%), FMR LLC (8.50%), Wellington Management Group LLP (4.48%) and JPMorgan Chase & Co. (3.66%). Insiders that own company stock include Rene F Jones, Denis J Salamone, Kevin J Pearson, John P Barnes, Daryl N Bible, Robert E Sadler Jr, Robert J Bojdak, Gary N Geisel, Michele D Trolli, Christopher E Kay, D Scott N Warman, John R Taylor, Tracy S Woodrow, Michael J Todaro, Kirk W Walters, Rudina Seseri, Edna Jennifer Warren and Doris P Meister.
View institutional ownership trends.

How do I buy shares of M&T Bank?

Shares of MTB stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of M&T Bank own?

Based on aggregate information from My MarketBeat watchlists, some other companies that M&T Bank investors own include NVIDIA (NVDA), Humana (HUM), Meta Platforms (META), Verizon Communications (VZ), American Water Works (AWK), Broadcom (AVGO) and Advanced Micro Devices (AMD).

Company Calendar

• Ex-Dividend for 12/31 Dividend: 12/02/2024
• Dividend Payable: 12/31/2024
• Last Earnings: 1/16/2025
• Today: 2/22/2025
• Ex-Dividend for 3/31 Dividend: 3/03/2025
• Dividend Payable: 3/31/2025
• Next Earnings (Estimated): 4/21/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: State commercial banks
• Sub-Industry: Regional Banks
• Current Symbol: NYSE:MTB
• CUSIP: 55261F10
• CIK: 36270
• Web: www.mtb.com
• Phone: (716) 635-4000
• Fax: 716-842-5021
• Employees: 22,223
• Year Founded: 1856

Price Target and Rating

• Average Stock Price Target: $221.68
• High Stock Price Target: $250.00
• Low Stock Price Target: $161.00
• Potential Upside/Downside: +14.6%
• Consensus Rating: Hold
• Rating Score (0-4): 2.41
• Research Coverage: 17 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $14.63
• Trailing P/E Ratio: 13.23
• Forward P/E Ratio: 11.68
• P/E Growth: 1.38
• Net Income: $2.59 billion
• Net Margins: 19.24%
• Pretax Margin: 24.60%
• Return on Equity: 10.12%
• Return on Assets: 1.25%

Debt

• Debt-to-Equity Ratio: 0.47
• Current Ratio: 0.98
• Quick Ratio: 0.99

Sales & Book Value

• Annual Sales: $13.45 billion
• Price / Sales: 2.36
• Cash Flow: $18.53 per share
• Price / Cash Flow: 10.44
• Book Value: $162.07 per share
• Price / Book: 1.19

Miscellaneous

• Outstanding Shares: 164,330,000
• Free Float: 164,560,000
• Market Cap: $31.80 billion
• Optionable: Optionable
• Beta: 0.79