M&T Bank Corp

M&T Bank Corp Stock Forecast & Price Prediction

Live M&T Bank Corp Stock (MTB) Price
$193.14

22

Ratings

  • Buy 4
  • Hold 14
  • Sell 4
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$193.14

P/E Ratio

14.10

Volume Traded Today

$1.2M

Dividend

$1.35

52 Week High/low

200.94/115.93

M&T Bank Corp Market Cap

$31.84B

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MTB Summary

From what 22 stock analysts predict, the share price for M&T Bank Corp (MTB) might increase by 5.52% in the next year. This is based on a 12-month average estimation for MTB. Price targets go from $127.05 to $240. The majority of stock analysts believe MTB is a hold. Please note analyst price targets are not guaranteed and could be missed completely.

MTB Analyst Ratings

About 22 Wall Street analysts have assigned MTB 4 buy ratings, 14 hold ratings, and 4 sell ratings. This means that analysts expect M&T Bank Corp to generate similar returns as the market. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on MTB. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.

MTB stock forecast by analyst

These are the latest 20 analyst ratings of MTB.

Analyst/Firm

Rating

Price Target

Change

Date

John Pancari
Evercore ISI Group

Outperform

$232

Maintains

Oct 30, 2024
Peter Winter
DA Davidson

Neutral

$207

Maintains

Oct 21, 2024
Jason Goldberg
Barclays

Equal-Weight

$228

Maintains

Oct 18, 2024
Gerard Cassidy
RBC Capital

Outperform

$208

Maintains

Oct 18, 2024
Ryan Nash
Goldman Sachs

Neutral

$216

Maintains

Oct 18, 2024
Mike Mayo
Wells Fargo

Underweight

$190

Maintains

Oct 18, 2024
Ebrahim Poonawala
B of A Securities

Buy

$218

Maintains

Oct 18, 2024
Bill Carcache
Wolfe Research

Outperform

$210

Upgrade

Oct 4, 2024
John Pancari
Evercore ISI Group

Outperform

$210

Upgrade

Oct 2, 2024
David Chiaverini
Wedbush

Outperform

$210

Maintains

Sep 24, 2024
Steven Alexopoulos
JP Morgan

Overweight

$215

Upgrade

Sep 3, 2024
Mike Mayo
Wells Fargo

Underweight

$165

Downgrade

Aug 15, 2024
Manan Gosalia
Morgan Stanley

Overweight

$220

Maintains

Aug 5, 2024
Steven Alexopoulos
JP Morgan

Neutral

$183

Maintains

Jul 23, 2024
Ebrahim Poonawala
B of A Securities

Buy

$188

Maintains

Jul 22, 2024
Frank Schiraldi
Piper Sandler

Overweight

$190

Maintains

Jul 22, 2024
Gerard Cassidy
RBC Capital

Outperform

$174

Maintains

Jul 19, 2024
David Konrad
Keefe, Bruyette & Woods

Market Perform

$180

Maintains

Jul 19, 2024
Keith Horowitz
Citigroup

Buy

$195

Maintains

Jul 19, 2024
Peter Winter
DA Davidson

Neutral

$185

Maintains

Jul 19, 2024

MTB Company Information

What They Do: Provides retail and commercial banking services.

Business Model: M&T Bank Corporation operates as a bank holding company, generating revenue through various banking products and services across three segments: Commercial Bank, Retail Bank, and Institutional Services and Wealth Management. The company earns money from interest on loans, fees for services provided, and commissions from investment products offered to its clients.

Other Information: Founded in 1856 and headquartered in Buffalo, New York, M&T Bank serves a diverse clientele, including middle-market and large commercial customers, as well as individual consumers and small businesses. The bank offers a wide range of financial products, which positions it well to cater to the needs of both personal and commercial clients.
MTB
M&T Bank Corp (MTB)

When did it IPO

1991

Staff Count

22,110

Country

United States

Sector/Industry

Financial Services/Banks - Regional

CEO

Mr. Rene F. Jones CPA

Market Cap

$31.84B

M&T Bank Corp (MTB) Financial Data

In 2023, MTB generated $9.40B in revenue, which was a increase of 17.28% from the previous year. This can be seen as a signal that MTB's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.

Revenue From 2020

$5.95B

Revenue From 2021

$5.96B

0.12 %
From Previous Year

Revenue From 2022

$8.01B

34.40 %
From Previous Year

Revenue From 2023

$9.40B

17.28 %
From Previous Year
  • Revenue TTM $8.50B
  • Operating Margin TTM 42.8%
  • Gross profit TTM $0
  • Return on assets TTM 1.1%
  • Return on equity TTM 8.7%
  • Profit Margin 28.1%
  • Book Value Per Share 158.74%
  • Market capitalisation $31.84B
  • Revenue for 2021 $5.96B
  • Revenue for 2022 $8.01B
  • Revenue for 2023 $9.40B
  • EPS this year (TTM) $13.52

M&T Bank Corp (MTB) Latest News

News Image

Fri, 25 Oct 2024

Sentiment - NEUTRAL

Source - PRNewsWire

Summary - M&T Bank Corporation (NYSE: MTB) will attend the BancAnalysts Association of Boston Conference in Boston, MA, on October 25, 2024.

Why It Matters - M&T Bank's participation in the conference may signal strategic insights and potential growth opportunities, influencing investor sentiment and stock performance.

News Image

Tue, 22 Oct 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - M&T Bank Corporation (MTB) is being evaluated for its potential as a top stock pick for momentum investors. Further analysis is needed to determine its suitability.

Why It Matters - The inquiry into M&T Bank's momentum potential signals potential growth, attracting investors looking for strong performance and upward trends in stock value.

News Image

Fri, 18 Oct 2024

Sentiment - POSITIVE

Source - Benzinga

Summary - M&T Bank Corporation (MTB) reported third-quarter financial results that exceeded expectations.

Why It Matters - M&T Bank's strong Q3 results may signal financial health and growth potential, positively influencing investor confidence and stock performance.

News Image

Thu, 17 Oct 2024

Sentiment - NEUTRAL

Source - Seeking Alpha

Summary - M&T Bank Corporation will host its Q3 2024 Earnings Conference Call on October 17, 2024, at 8:00 AM ET, featuring executives and various financial analysts.

Why It Matters - The scheduled earnings call provides insights into M&T Bank's financial performance, influencing stock valuation and investor sentiment based on earnings results and future outlook.

News Image

Wed, 16 Oct 2024

Sentiment - NEUTRAL

Source - PRNewsWire

Summary - M&T Bank Corporation declared a quarterly dividend of $0.3515625 per share on its Series H Preferred Stock, payable December 16, 2024, to shareholders of record by December 2, 2024.

Why It Matters - M&T Bank's declaration of dividends on preferred stock signals financial stability and commitment to returning value to shareholders, potentially boosting investor confidence and stock appeal.

News Image

Thu, 17 Oct 2024

Sentiment - NEUTRAL

Source - PRNewsWire

Summary - M&T Bank Corporation reported a quarterly net income of $721 million, translating to $4.02 in diluted earnings per share for the period ending October 17, 2024.

Why It Matters - M&T Bank's strong quarterly net income and earnings per share indicate robust financial health, potentially boosting investor confidence and stock performance.

...

MTB Frequently asked questions

The highest forecasted price for MTB is $240 from Betsy Graseck at Morgan Stanley.

The lowest forecasted price for MTB is $127.05 from from

The MTB analyst ratings consensus are 4 buy ratings, 14 hold ratings, and 4 sell ratings.