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.
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.
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 |
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
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
Revenue From 2021
Revenue From 2022
Revenue From 2023
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.
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.
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.
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.
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.
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.