M&T Bank Corporation (NYSE:MTB) Receives Consensus Rating of “Hold” from Analysts

Shares of M&T Bank Corporation (NYSE:MTBGet Free Report) have earned an average recommendation of “Hold” from the twenty-two research firms that are currently covering the firm, MarketBeat reports. One investment analyst has rated the stock with a sell rating, eleven have issued a hold rating, nine have given a buy rating and one has given a strong buy rating to the company. The average twelve-month price objective among brokerages that have issued a report on the stock in the last year is $221.1842.

MTB has been the topic of several analyst reports. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of M&T Bank in a research report on Monday, December 29th. UBS Group upped their target price on shares of M&T Bank from $207.00 to $208.00 and gave the company a “neutral” rating in a report on Tuesday, October 7th. Keefe, Bruyette & Woods lifted their price target on M&T Bank from $220.00 to $230.00 and gave the stock a “market perform” rating in a report on Wednesday, December 17th. Barclays boosted their price target on M&T Bank from $220.00 to $236.00 and gave the stock an “equal weight” rating in a research report on Monday. Finally, Cowen reiterated a “buy” rating on shares of M&T Bank in a research note on Wednesday.

View Our Latest Analysis on M&T Bank

Insider Transactions at M&T Bank

In related news, Director Robert E. Sadler, Jr. sold 6,000 shares of M&T Bank stock in a transaction dated Tuesday, November 25th. The shares were sold at an average price of $190.06, for a total transaction of $1,140,360.00. Following the completion of the sale, the director owned 17,070 shares of the company’s stock, valued at approximately $3,244,324.20. The trade was a 26.01% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, EVP Christopher E. Kay sold 5,250 shares of the stock in a transaction dated Wednesday, November 26th. The shares were sold at an average price of $191.70, for a total transaction of $1,006,425.00. Following the completion of the transaction, the executive vice president directly owned 5,501 shares in the company, valued at approximately $1,054,541.70. This represents a 48.83% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Company insiders own 0.53% of the company’s stock.

Institutional Trading of M&T Bank

Hedge funds have recently added to or reduced their stakes in the company. Canoe Financial LP increased its holdings in M&T Bank by 46.8% in the 3rd quarter. Canoe Financial LP now owns 433,679 shares of the financial services provider’s stock valued at $85,704,000 after buying an additional 138,173 shares during the period. Commerzbank Aktiengesellschaft FI boosted its position in shares of M&T Bank by 27.3% during the 2nd quarter. Commerzbank Aktiengesellschaft FI now owns 8,111 shares of the financial services provider’s stock worth $1,574,000 after acquiring an additional 1,741 shares in the last quarter. Ethic Inc. increased its stake in M&T Bank by 20.8% in the second quarter. Ethic Inc. now owns 25,741 shares of the financial services provider’s stock valued at $4,988,000 after acquiring an additional 4,432 shares during the last quarter. Sumitomo Mitsui Trust Group Inc. raised its position in M&T Bank by 3.1% during the second quarter. Sumitomo Mitsui Trust Group Inc. now owns 463,669 shares of the financial services provider’s stock valued at $89,947,000 after purchasing an additional 13,749 shares in the last quarter. Finally, Marshall Wace LLP raised its position in M&T Bank by 6.2% during the second quarter. Marshall Wace LLP now owns 584,438 shares of the financial services provider’s stock valued at $113,375,000 after purchasing an additional 33,920 shares in the last quarter. 84.68% of the stock is owned by institutional investors and hedge funds.

Key Headlines Impacting M&T Bank

Here are the key news stories impacting M&T Bank this week:

  • Positive Sentiment: TD Cowen raised its price target to $250 and kept a “buy” rating, signaling strong upside expectations that likely supported buyer demand. TD Cowen raises PT to $250
  • Positive Sentiment: Shares hit a new 52‑week high after at least one analyst upgrade, reinforcing momentum and momentum-driven inflows. New 52‑week high after analyst upgrade
  • Neutral Sentiment: Bank of America reaffirmed a “neutral” rating with a $225 price target, offering limited near-term directional guidance but a modest upside to the stock. BofA reaffirms neutral, $225 PT
  • Neutral Sentiment: Wells Fargo boosted its price target to $205, a raise that may be viewed positively by some investors even though the target remains below the recent trading level. Wells Fargo raises PT to $205
  • Neutral Sentiment: Analysts and commentators are reassessing MTB’s valuation after recent share-price momentum and signals of undervaluation, adding analytical debate rather than a clear catalyst. Valuation assessment after momentum
  • Neutral Sentiment: Community/marketing outreach — M&T is distributing 25,000 “Billieve Together” flags; a PR initiative with no direct financial impact but positive brand visibility. PR: flag giveaway
  • Negative Sentiment: Wolfe Research downgraded M&T, which likely pressured some holders and created selling pressure among more conservative institutional investors. Wolfe downgrades MTB
  • Negative Sentiment: Evercore ISI also downgraded the stock, adding to conflicting analyst signals and increasing short-term volatility. Evercore downgrades MTB

M&T Bank Price Performance

Shares of NYSE MTB opened at $213.59 on Friday. The company has a debt-to-equity ratio of 0.49, a current ratio of 0.97 and a quick ratio of 0.97. The business has a 50-day moving average of $195.92 and a 200-day moving average of $194.36. The stock has a market capitalization of $32.83 billion, a price-to-earnings ratio of 13.15, a PEG ratio of 0.89 and a beta of 0.59. M&T Bank has a fifty-two week low of $150.75 and a fifty-two week high of $215.49.

M&T Bank (NYSE:MTBGet Free Report) last issued its quarterly earnings results on Wednesday, March 9th. The financial services provider reported $3.54 EPS for the quarter. The firm had revenue of $1.54 billion during the quarter. M&T Bank had a return on equity of 10.62% and a net margin of 20.91%. As a group, sell-side analysts predict that M&T Bank will post 16.57 earnings per share for the current fiscal year.

M&T Bank Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Monday, December 1st were issued a $1.50 dividend. This represents a $6.00 annualized dividend and a dividend yield of 2.8%. The ex-dividend date was Monday, December 1st. M&T Bank’s payout ratio is currently 36.95%.

About M&T Bank

(Get Free Report)

M&T Bank Corporation is a bank holding company headquartered in Buffalo, New York, that provides a broad range of banking and financial services to individuals, businesses and institutions. The company operates a commercial and retail banking franchise that includes deposit-taking, lending, and payment services delivered through branch networks, digital channels and commercial banking teams. M&T serves customers across the northeastern and mid‑Atlantic United States and has expanded its geographic footprint through strategic acquisitions.

Its core businesses include commercial banking for middle‑market and community businesses, consumer and retail banking, mortgage origination and servicing, treasury and cash management, and wealth management and trust services.

Further Reading

Analyst Recommendations for M&T Bank (NYSE:MTB)

Receive News & Ratings for M&T Bank Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for M&T Bank and related companies with MarketBeat.com's FREE daily email newsletter.