DA Davidson Forecasts M&T Bank's Q2 Earnings (NYSE:MTB)

M&T Bank Co. (NYSE:MTB - Free Report) - Stock analysts at DA Davidson issued their Q2 2025 earnings per share estimates for shares of M&T Bank in a research report issued on Tuesday, April 15th. DA Davidson analyst P. Winter forecasts that the financial services provider will earn $3.94 per share for the quarter. DA Davidson currently has a "Neutral" rating and a $189.00 target price on the stock. The consensus estimate for M&T Bank's current full-year earnings is $16.57 per share. DA Davidson also issued estimates for M&T Bank's FY2025 earnings at $15.89 EPS.

M&T Bank (NYSE:MTB - Get Free Report) last released its quarterly earnings data on Monday, April 14th. The financial services provider reported $3.38 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $3.41 by ($0.03). M&T Bank had a net margin of 19.24% and a return on equity of 10.12%. The firm had revenue of $2.31 billion for the quarter, compared to analyst estimates of $2.35 billion. During the same period in the previous year, the business posted $3.09 EPS.

Other research analysts also recently issued reports about the company. Robert W. Baird dropped their price target on M&T Bank from $220.00 to $200.00 and set an "outperform" rating on the stock in a research report on Tuesday. Barclays reduced their price target on shares of M&T Bank from $235.00 to $220.00 and set an "equal weight" rating for the company in a report on Tuesday. Piper Sandler reduced their target price on shares of M&T Bank from $220.00 to $210.00 and set an "overweight" rating for the company in a research note on Tuesday. StockNews.com upgraded M&T Bank from a "sell" rating to a "hold" rating in a research note on Wednesday, February 5th. Finally, JPMorgan Chase & Co. reduced their price objective on M&T Bank from $212.50 to $186.50 and set a "neutral" rating for the company in a research report on Thursday, April 3rd. One analyst has rated the stock with a sell rating, nine have assigned a hold rating and nine have given a buy rating to the company. Based on data from MarketBeat, M&T Bank presently has a consensus rating of "Hold" and a consensus target price of $208.14.

M&T Bank Stock Performance

M&T Bank stock traded up $1.19 during trading hours on Wednesday, reaching $160.09. 1,105,142 shares of the company were exchanged, compared to its average volume of 1,112,880. The company has a current ratio of 0.98, a quick ratio of 0.99 and a debt-to-equity ratio of 0.47. The stock has a 50-day moving average of $177.25 and a 200 day moving average of $191.10. The firm has a market cap of $26.30 billion, a price-to-earnings ratio of 10.94, a PEG ratio of 1.38 and a beta of 0.58. M&T Bank has a 12 month low of $139.56 and a 12 month high of $225.70.

Hedge Funds Weigh In On M&T Bank

A number of institutional investors have recently bought and sold shares of MTB. Sanctuary Advisors LLC raised its position in shares of M&T Bank by 0.3% in the 4th quarter. Sanctuary Advisors LLC now owns 15,819 shares of the financial services provider's stock worth $3,195,000 after acquiring an additional 52 shares in the last quarter. Quadrant Capital Group LLC boosted its holdings in shares of M&T Bank by 5.8% during the 4th quarter. Quadrant Capital Group LLC now owns 971 shares of the financial services provider's stock valued at $183,000 after buying an additional 53 shares in the last quarter. Catalina Capital Group LLC grew its position in shares of M&T Bank by 2.0% in the 4th quarter. Catalina Capital Group LLC now owns 2,824 shares of the financial services provider's stock worth $531,000 after buying an additional 56 shares during the period. Marcum Wealth LLC grew its holdings in M&T Bank by 4.9% in the first quarter. Marcum Wealth LLC now owns 1,231 shares of the financial services provider's stock worth $220,000 after purchasing an additional 57 shares during the period. Finally, Parallel Advisors LLC increased its position in M&T Bank by 1.7% during the 4th quarter. Parallel Advisors LLC now owns 3,512 shares of the financial services provider's stock valued at $660,000 after buying an additional 60 shares in the last quarter. 84.68% of the stock is owned by institutional investors.

Insiders Place Their Bets

In related news, EVP Christopher E. Kay sold 1,738 shares of the firm's stock in a transaction on Wednesday, March 12th. The stock was sold at an average price of $172.34, for a total value of $299,526.92. Following the completion of the sale, the executive vice president now owns 10,751 shares of the company's stock, valued at $1,852,827.34. This trade represents a 13.92 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Company insiders own 0.53% of the company's stock.

M&T Bank Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Monday, March 3rd were paid a dividend of $1.35 per share. This represents a $5.40 annualized dividend and a dividend yield of 3.37%. The ex-dividend date was Monday, March 3rd. M&T Bank's dividend payout ratio (DPR) is 36.17%.

M&T Bank declared that its Board of Directors has initiated a stock repurchase program on Wednesday, January 22nd that permits the company to repurchase $4.00 billion in shares. This repurchase authorization permits the financial services provider to purchase up to 12.3% of its shares through open market purchases. Shares repurchase programs are typically a sign that the company's board believes its shares are undervalued.

M&T Bank Company Profile

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: Commercial Bank, Retail Bank, Institutional Services and Wealth Management, and All Other.