M&T Bank (NYSE:MTB) Hits New 52-Week High Following Better-Than-Expected Earnings

Shares of M&T Bank Corporation (NYSE:MTB) hit a new 52-week high on Friday following a stronger than expected earnings report. The company traded as high as $215.71 and last traded at $208.5690, with a volume of 205981 shares traded. The stock had previously closed at $212.57.

The financial services provider reported $4.67 EPS for the quarter, beating analysts’ consensus estimates of $4.47 by $0.20. The business had revenue of $2.48 billion during the quarter, compared to the consensus estimate of $2.47 billion. M&T Bank had a return on equity of 10.62% and a net margin of 20.91%.During the same quarter in the previous year, the business earned $3.77 earnings per share.

M&T Bank Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Monday, December 1st were issued a $1.50 dividend. The ex-dividend date was Monday, December 1st. This represents a $6.00 annualized dividend and a yield of 2.9%. M&T Bank’s dividend payout ratio (DPR) is presently 36.95%.

Key Stories Impacting M&T Bank

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

• Positive Sentiment: Earnings beat — M&T posted Q4 net income of $759 million, diluted EPS of $4.67 vs. consensus ~$4.47, and revenue of $2.48 billion; full‑year net income was $2.85 billion, or $17.00 per share. This beat and strong yearly results are the primary catalysts for the rally. PR Newswire Release
• Positive Sentiment: Higher net interest income and margin — management cited growth in net interest income and a stronger net interest margin as key profit drivers, which supports better core banking profitability in the current rate environment. WSJ: Net Interest Income
• Positive Sentiment: Mortgage banking contributed — M&T highlighted stronger mortgage‑banking results, helping lift quarterly profit beyond core NII gains. That diversifying contribution reduced reliance on deposit spread compression alone. Reuters: Mortgage Banking
• Neutral Sentiment: Analyst attention/pre‑earnings revisions — coverage noted that MTB had the mix of factors that historically lead to beats; some Street models were adjusted ahead of the print, which can amplify moves but also sets expectations. Benzinga: Analyst Forecasts
• Neutral Sentiment: Company materials available — management posted a press release and slide deck with the results (useful for parsing margin drivers and regional business trends). Slide Deck / Press Release
• Neutral Sentiment: Local operations update — M&T celebrated a branch reopening in Harrisburg; positive for community presence but unlikely to move the stock materially. CPBJ: Branch Reopening

Analyst Ratings Changes

MTB has been the topic of a number of recent research reports. Wolfe Research cut M&T Bank from an “outperform” rating to a “peer perform” rating in a research note on Wednesday, January 7th. Robert W. Baird increased their price objective on shares of M&T Bank from $225.00 to $230.00 and gave the company an “outperform” rating in a research report on Thursday, December 18th. Keefe, Bruyette & Woods boosted their target price on shares of M&T Bank from $220.00 to $230.00 and gave the stock a “market perform” rating in a research report on Wednesday, December 17th. Truist Financial downgraded shares of M&T Bank from a “buy” rating to a “hold” rating and set a $217.00 target price for the company. in a research note on Friday, December 12th. Finally, Bank of America reaffirmed a “neutral” rating and set a $225.00 price target on shares of M&T Bank in a research note on Wednesday, January 7th. One equities research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, eleven have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, M&T Bank has an average rating of “Hold” and a consensus price target of $221.18.

Insider Transactions at M&T Bank

In other news, EVP Christopher E. Kay sold 5,250 shares of the company’s stock in a transaction that occurred on Wednesday, November 26th. The stock was 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 of the company’s stock, valued at approximately $1,054,541.70. This represents a 48.83% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Robert E. Sadler, Jr. sold 6,000 shares of the business’s stock in a transaction that occurred on Tuesday, November 25th. The shares were sold at an average price of $190.06, for a total value of $1,140,360.00. Following the transaction, the director owned 17,070 shares of the company’s stock, valued at $3,244,324.20. This represents a 26.01% decrease in their position. The SEC filing for this sale provides additional information. Company insiders own 0.53% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of MTB. Golden State Wealth Management LLC raised its holdings in shares of M&T Bank by 2,214.3% during the second quarter. Golden State Wealth Management LLC now owns 162 shares of the financial services provider’s stock valued at $31,000 after buying an additional 155 shares during the last quarter. Bank of Jackson Hole Trust increased its stake in M&T Bank by 342.9% during the 3rd quarter. Bank of Jackson Hole Trust now owns 155 shares of the financial services provider’s stock valued at $31,000 after buying an additional 120 shares during the period. Triumph Capital Management acquired a new position in M&T Bank during the 3rd quarter valued at about $32,000. Twin Peaks Wealth Advisors LLC acquired a new stake in shares of M&T Bank in the 2nd quarter worth approximately $36,000. Finally, Ameriflex Group Inc. boosted its holdings in shares of M&T Bank by 82.4% in the third quarter. Ameriflex Group Inc. now owns 186 shares of the financial services provider’s stock valued at $37,000 after acquiring an additional 84 shares in the last quarter. Institutional investors own 84.68% of the company’s stock.

M&T Bank Stock Down 2.4%

The firm has a market cap of $31.90 billion, a price-to-earnings ratio of 12.81, a price-to-earnings-growth ratio of 0.93 and a beta of 0.59. The company has a quick ratio of 0.97, a current ratio of 0.97 and a debt-to-equity ratio of 0.49. The stock’s 50 day moving average is $198.73 and its 200 day moving average is $195.03.

M&T Bank Company Profile

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.