Q1 Earnings Forecast for M&T Bank Issued By Zacks Research

M&T Bank Co. (NYSE:MTB - Free Report) - Zacks Research increased their Q1 2025 earnings estimates for shares of M&T Bank in a report released on Wednesday, January 8th. Zacks Research analyst R. Department now anticipates that the financial services provider will post earnings of $3.47 per share for the quarter, up from their previous estimate of $3.46. The consensus estimate for M&T Bank's current full-year earnings is $14.63 per share.

M&T Bank (NYSE:MTB - Get Free Report) last announced its quarterly earnings data on Thursday, October 17th. The financial services provider reported $4.08 EPS for the quarter, beating analysts' consensus estimates of $3.60 by $0.48. M&T Bank had a return on equity of 9.52% and a net margin of 17.82%. The business had revenue of $2.33 billion during the quarter, compared to the consensus estimate of $2.30 billion.

MTB has been the subject of several other research reports. Evercore ISI upped their price target on shares of M&T Bank from $210.00 to $232.00 and gave the stock an "outperform" rating in a research report on Wednesday, October 30th. Citigroup cut M&T Bank from a "buy" rating to a "neutral" rating and lifted their target price for the company from $220.00 to $230.00 in a report on Monday, November 25th. Compass Point upped their price target on M&T Bank from $220.00 to $250.00 and gave the stock a "neutral" rating in a research note on Tuesday, December 10th. Barclays lifted their price objective on M&T Bank from $228.00 to $235.00 and gave the company an "equal weight" rating in a research note on Monday, January 6th. Finally, Keefe, Bruyette & Woods raised their price target on shares of M&T Bank from $205.00 to $221.00 and gave the company a "market perform" rating in a report on Wednesday, December 4th. One research analyst has rated the stock with a sell rating, nine have given a hold rating and eight have assigned a buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of "Hold" and an average price target of $216.86.

M&T Bank Stock Down 1.7 %

MTB opened at $187.82 on Monday. The stock has a market capitalization of $31.16 billion, a price-to-earnings ratio of 13.90, a price-to-earnings-growth ratio of 2.79 and a beta of 0.79. M&T Bank has a 12 month low of $128.31 and a 12 month high of $225.70. The company has a debt-to-equity ratio of 0.44, a current ratio of 0.99 and a quick ratio of 0.99. The business has a 50-day moving average of $203.16 and a two-hundred day moving average of $182.33.

M&T Bank Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, December 31st. Shareholders of record on Monday, December 2nd were paid a dividend of $1.35 per share. The ex-dividend date of this dividend was Monday, December 2nd. This represents a $5.40 dividend on an annualized basis and a yield of 2.88%. M&T Bank's dividend payout ratio (DPR) is 39.97%.

Insider Transactions at M&T Bank

In other M&T Bank news, EVP John R. Taylor sold 1,436 shares of the business's stock in a transaction on Monday, October 28th. The shares were sold at an average price of $195.03, for a total transaction of $280,063.08. Following the completion of the sale, the executive vice president now owns 5,618 shares in the company, valued at $1,095,678.54. The trade was a 20.36 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Vice Chairman Gary N. Geisel sold 2,490 shares of the firm's stock in a transaction dated Tuesday, December 3rd. The stock was sold at an average price of $215.89, for a total transaction of $537,566.10. Following the completion of the transaction, the insider now owns 16,429 shares in the company, valued at approximately $3,546,856.81. The trade was a 13.16 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 84,994 shares of company stock valued at $17,211,278. Insiders own 0.82% of the company's stock.

Institutional Investors Weigh In On M&T Bank

Several institutional investors and hedge funds have recently bought and sold shares of MTB. Capital Performance Advisors LLP acquired a new stake in shares of M&T Bank during the 3rd quarter worth approximately $44,000. Principal Financial Group Inc. increased its position in M&T Bank by 1.4% in the third quarter. Principal Financial Group Inc. now owns 199,111 shares of the financial services provider's stock worth $35,466,000 after buying an additional 2,797 shares during the period. Smead Capital Management Inc. lifted its stake in M&T Bank by 3.5% in the third quarter. Smead Capital Management Inc. now owns 493,817 shares of the financial services provider's stock valued at $87,959,000 after buying an additional 16,657 shares during the last quarter. National Pension Service boosted its holdings in shares of M&T Bank by 5.2% during the third quarter. National Pension Service now owns 268,138 shares of the financial services provider's stock valued at $47,761,000 after acquiring an additional 13,302 shares during the period. Finally, Nomura Asset Management Co. Ltd. boosted its holdings in shares of M&T Bank by 6.1% during the third quarter. Nomura Asset Management Co. Ltd. now owns 50,275 shares of the financial services provider's stock valued at $8,955,000 after acquiring an additional 2,883 shares during the period. Institutional investors and hedge funds own 84.68% of the company's stock.

M&T Bank Company Profile

M&T Bank Corporation operates as a bank holding company for Manufacturers and Traders Trust Company and Wilmington Trust, National Association that engages in the provision of retail and commercial banking products and services in the United States. The company operates through three segments: Commercial Bank, Retail Bank, and Institutional Services and Wealth Management.