Munich Reinsurance Co Stock Corp in Munich Lowers Position in M&T Bank Corporation $MTB

Posted by Sarita Garza on Jul 9th, 2026

Munich Reinsurance Co Stock Corp in Munich lessened its stake in M&T Bank Corporation (NYSE:MTB – Free Report) by 15.6% during the first quarter, Holdings Channel reports. The firm owned 296,290 shares of the financial services provider’s stock after selling 54,786 shares during the period. M&T Bank makes up approximately 1.5% of Munich Reinsurance Co Stock Corp in Munich’s portfolio, making the stock its 24th largest position. Munich Reinsurance Co Stock Corp in Munich’s holdings in M&T Bank were worth $61,249,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Commonwealth Retirement Investments LLC raised its position in M&T Bank by 0.4% in the 4th quarter. Commonwealth Retirement Investments LLC now owns 10,991 shares of the financial services provider’s stock valued at $2,214,000 after buying an additional 44 shares during the last quarter. Ransom Advisory Ltd grew its stake in shares of M&T Bank by 2.0% in the 4th quarter. Ransom Advisory Ltd now owns 2,513 shares of the financial services provider’s stock worth $506,000 after acquiring an additional 50 shares in the last quarter. Wedbush Securities Inc. grew its stake in shares of M&T Bank by 2.4% in the 4th quarter. Wedbush Securities Inc. now owns 2,223 shares of the financial services provider’s stock worth $448,000 after acquiring an additional 52 shares in the last quarter. Bank of Jackson Hole Trust raised its holdings in shares of M&T Bank by 38.7% in the fourth quarter. Bank of Jackson Hole Trust now owns 215 shares of the financial services provider’s stock valued at $43,000 after purchasing an additional 60 shares during the last quarter. Finally, Thoroughbred Financial Services LLC lifted its position in shares of M&T Bank by 2.1% during the fourth quarter. Thoroughbred Financial Services LLC now owns 3,465 shares of the financial services provider’s stock valued at $698,000 after purchasing an additional 70 shares in the last quarter. Hedge funds and other institutional investors own 84.68% of the company’s stock.

M&T Bank Trading Down 2.1%

NYSE:MTB opened at $234.73 on Thursday. The company has a current ratio of 0.94, a quick ratio of 0.94 and a debt-to-equity ratio of 0.44. The stock has a market capitalization of $34.38 billion, a PE ratio of 13.14, a price-to-earnings-growth ratio of 1.17 and a beta of 0.57. The firm’s 50 day moving average is $221.87 and its 200 day moving average is $217.15. M&T Bank Corporation has a 12 month low of $174.76 and a 12 month high of $243.57.

M&T Bank (NYSE:MTB – Get Free Report) last announced its quarterly earnings data on Wednesday, April 15th. The financial services provider reported $4.18 earnings per share for the quarter, beating the consensus estimate of $4.02 by $0.16. M&T Bank had a return on equity of 11.35% and a net margin of 22.07%.The business had revenue of $2.44 billion during the quarter, compared to analyst estimates of $2.43 billion. During the same period in the prior year, the company earned $3.32 earnings per share. Sell-side analysts expect that M&T Bank Corporation will post 18.81 earnings per share for the current year.

M&T Bank Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Monday, June 1st were given a dividend of $1.50 per share. This represents a $6.00 dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date of this dividend was Monday, June 1st. M&T Bank’s dividend payout ratio is currently 33.59%.

M&T Bank announced that its board has approved a stock buyback plan on Tuesday, March 31st that allows the company to buyback $5.00 billion in outstanding shares. This buyback authorization allows the financial services provider to repurchase up to 16.7% of its shares through open market purchases. Shares buyback plans are usually an indication that the company’s leadership believes its shares are undervalued.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on the stock. Jefferies Financial Group boosted their price target on shares of M&T Bank from $255.00 to $265.00 and gave the stock a “buy” rating in a report on Thursday, April 16th. Royal Bank Of Canada lifted their target price on shares of M&T Bank from $225.00 to $230.00 and gave the stock an “outperform” rating in a research report on Tuesday, June 23rd. Argus boosted their target price on M&T Bank from $230.00 to $245.00 and gave the stock a “buy” rating in a research note on Friday, April 17th. Cantor Fitzgerald reduced their target price on M&T Bank from $255.00 to $253.00 and set an “overweight” rating for the company in a report on Friday, April 17th. Finally, DA Davidson increased their price target on M&T Bank from $233.00 to $235.00 and gave the company a “neutral” rating in a research report on Thursday, April 16th. Seven research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $240.55.

View Our Latest Stock Analysis on MTB

Insider Activity at M&T Bank

In other news, EVP Christopher E. Kay sold 3,105 shares of the stock in a transaction on Thursday, May 7th. The stock was sold at an average price of $216.50, for a total transaction of $672,232.50. Following the completion of the transaction, the executive vice president owned 6,753 shares in the company, valued at approximately $1,462,024.50. This represents a 31.50% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.44% of the stock is owned by corporate insiders.

Key Stories Impacting M&T Bank

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

Positive Sentiment: UBS raised its price target on M&T Bank (MTB) to $252 from $225, suggesting upside from current levels even while keeping a neutral rating. UBS Raises M&T Bank Price Target to $252.00
Positive Sentiment: Analysts at Zacks and Benzinga highlighted expectations for higher second-quarter earnings, saying MTB has the ingredients for a possible earnings beat ahead of its July 15 report. M&T Bank Corporation Reports Next Week: Wall Street Expects Earnings Growth
Neutral Sentiment: Wells Fargo and Robert W. Baird also issued updates, but both kept cautious/neutral-type stances, which limits the immediate upside case for the stock. M&T Bank Given New $215.00 Price Target at Wells Fargo & Company
Neutral Sentiment: News that M&T Bank will release quarterly earnings next Wednesday is keeping the stock in focus, but the market is still waiting for the actual results before making a stronger move. M&T Bank to Release Quarterly Earnings on Wednesday
Negative Sentiment: Despite outperforming some peers intraday, the shares have still been trading lower overall as investors appear cautious ahead of earnings and mixed analyst commentary. M&T Bank Corp. stock outperforms competitors despite losses on the day

M&T Bank Profile

(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.