M&T Bank Co. (NYSE:MTB - Free Report) - Analysts at Zacks Research raised their Q1 2025 EPS estimates for M&T Bank in a research report issued on Wednesday, February 5th. Zacks Research analyst R. Department now expects that the financial services provider will post earnings of $3.50 per share for the quarter, up from their previous forecast of $3.47. The consensus estimate for M&T Bank's current full-year earnings is $16.56 per share. Zacks Research also issued estimates for M&T Bank's Q2 2025 earnings at $4.01 EPS, Q3 2025 earnings at $4.27 EPS, Q4 2025 earnings at $4.39 EPS, Q1 2026 earnings at $4.56 EPS and FY2027 earnings at $21.94 EPS.
M&T Bank (NYSE:MTB - Get Free Report) last posted its quarterly earnings results 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 return on equity of 10.12% and a net margin of 19.24%. During the same period in the previous year, the company posted $2.74 earnings per share.
A number of other equities analysts have also recently issued reports on the stock. The Goldman Sachs Group lifted their target price on shares of M&T Bank from $216.00 to $243.00 and gave the stock a "neutral" rating in a research report on Tuesday, November 26th. Bank of America increased their price objective on shares of M&T Bank from $188.00 to $218.00 and gave the stock a "buy" rating in a report on Friday, October 18th. Royal Bank of Canada boosted their target price on shares of M&T Bank from $190.00 to $208.00 and gave the company an "outperform" rating in a report on Friday, October 18th. Truist Financial reiterated a "buy" rating and issued a $236.00 price target (up previously from $233.00) on shares of M&T Bank in a report on Friday, January 17th. Finally, Piper Sandler raised their price objective on M&T Bank from $205.00 to $243.00 and gave the stock an "overweight" rating in a report on Wednesday, November 27th. One investment analyst has rated the stock with a sell rating, nine have given a hold rating and eight have issued a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average target price of $221.68.
View Our Latest Stock Analysis on M&T Bank
M&T Bank Price Performance
MTB stock traded down $2.16 during trading on Friday, reaching $198.22. 376,479 shares of the company were exchanged, compared to its average volume of 1,259,330. The stock's 50 day moving average price is $197.10 and its 200 day moving average price is $188.15. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.99 and a current ratio of 0.93. The company has a market cap of $32.89 billion, a P/E ratio of 13.56, a PEG ratio of 1.42 and a beta of 0.79. M&T Bank has a 52-week low of $130.84 and a 52-week high of $225.70.
M&T Bank Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Monday, December 2nd were given a $1.35 dividend. This represents a $5.40 annualized dividend and a dividend yield of 2.72%. The ex-dividend date was Monday, December 2nd. M&T Bank's payout ratio is presently 36.91%.
M&T Bank announced that its board has authorized a stock buyback plan on Wednesday, January 22nd that permits the company to buyback $4.00 billion in outstanding shares. This buyback authorization permits the financial services provider to purchase up to 12.3% of its stock through open market purchases. Stock buyback plans are typically a sign that the company's leadership believes its stock is undervalued.
Insider Transactions at M&T Bank
In other M&T Bank news, EVP Tracy S. Woodrow sold 2,121 shares of M&T Bank stock in a transaction dated Tuesday, November 26th. The stock was sold at an average price of $220.75, for a total transaction of $468,210.75. Following the transaction, the executive vice president now directly owns 5,141 shares of the company's stock, valued at approximately $1,134,875.75. The trade was a 29.21 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Michael J. Todaro sold 4,786 shares of M&T Bank stock in a transaction that occurred on Tuesday, November 12th. The stock was sold at an average price of $214.10, for a total value of $1,024,682.60. Following the completion of the sale, the executive vice president now owns 2,787 shares of the company's stock, valued at approximately $596,696.70. The trade was a 63.20 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 29,397 shares of company stock worth $6,379,459 over the last quarter. Company insiders own 0.82% of the company's stock.
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently added to or reduced their stakes in MTB. FMR LLC raised its stake in shares of M&T Bank by 13.9% in the third quarter. FMR LLC now owns 12,349,398 shares of the financial services provider's stock valued at $2,199,675,000 after buying an additional 1,508,846 shares during the period. State Street Corp raised its position in M&T Bank by 6.4% during the third quarter. State Street Corp now owns 8,773,439 shares of the financial services provider's stock valued at $1,562,725,000 after purchasing an additional 527,854 shares in the last quarter. Charles Schwab Investment Management Inc. grew its holdings in shares of M&T Bank by 5.0% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 5,289,727 shares of the financial services provider's stock valued at $994,522,000 after purchasing an additional 252,583 shares during the last quarter. Geode Capital Management LLC boosted its holdings in shares of M&T Bank by 1.6% during the third quarter. Geode Capital Management LLC now owns 4,329,814 shares of the financial services provider's stock worth $768,824,000 after purchasing an additional 66,337 shares during the period. Finally, Senvest Management LLC increased its position in shares of M&T Bank by 12.3% during the third quarter. Senvest Management LLC now owns 882,841 shares of the financial services provider's stock valued at $157,252,000 after buying an additional 96,500 shares during the period. 84.68% of the stock is currently owned by hedge funds and other institutional investors.
About M&T Bank
(
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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.
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