M&T Bank/MTB

$140.91

4.71%
-
1D1W1MYTD1YMAX

About M&T Bank

M&T Bank Corporation is a financial holding company. The Company has two wholly owned bank subsidiaries: M&T Bank and Wilmington Trust, N.A. Its subsidiaries offer a range of retail and commercial banking, trust and wealth management, and investment services to their customers. Its segments include Commercial Bank, Retail Bank and Institutional Services and Wealth Management. The Commercial Bank segment provides a range of credit products and banking services to middle-market and large commercial customers, mainly within the markets served by the Company. The Retail Bank segment provides a range of services to consumers and small businesses through its branch network and several other delivery channels, such as telephone banking, Internet banking and automated teller machines. The Institutional Services and Wealth Management segment provides a variety of trustee, agency, investment management and administrative services for corporations and institutions, investment bankers and others.

Ticker

MTB

Sector

Financials

Trading on

NYSE

Industry

Money Center Banks

CEO

Rene Jones

Employees

21,736

Headquarters

Buffalo, United States

M&T Bank Metrics

BasicAdvanced
$22.42B
Market cap
8.51
P/E ratio
$15.81
EPS
0.79
Beta
$5.20
Dividend rate
3.86%
Dividend yield
$22.42B
0.79208
$148.23
$108.53
1.21M
$5.20
30.423
50.143
32.97%
1.34%
10.93%
8.512
2.325
0.896
1.222
8.363
3.14%
3.86%
3.86%
63.66%
43.97%
34.6%
16.67%
5.73%

What the Analysts think about M&T Bank

Analyst Ratings

Majority rating from 23 analysts.
Hold

Price Targets

Average projection from 19 analysts.
13.02% upside
High $180.00
Low $127.05
$140.91
Current price
$159.26
Average price target

M&T Bank Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
14.53% profit margin
QuarterlyAnnual
Q4 23
QoQ growth
Revenue
$3.32B
3.66%
Net income
$482.4M
-30.08%
Profit margin
14.53%
-32.58%

M&T Bank Earnings Performance

Earnings per share (EPS)

Company profitability
Beat by 4.69%
QuarterlyAnnual
Q1 23
Q2 23
Q3 23
Q4 23
Q1 24
Actual
$4.01
$5.05
$3.98
$3.61
-
Expected
$3.99
$4.04
$3.93
$3.45
$3.09
Surprise
0.42%
25%
1.19%
4.69%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

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FAQs

What’s the current market cap for M&T Bank stock?

M&T Bank (MTB) has a market cap of $22.42B as of April 15, 2024.

What is the P/E ratio for M&T Bank stock?

The price to earnings (P/E) ratio for M&T Bank (MTB) stock is 8.51 as of April 15, 2024.

Does M&T Bank stock pay dividends?

Yes, the M&T Bank (MTB) stock pays dividends to shareholders. As of April 15, 2024, the dividend rate is $5.2 and the yield is 3.86%. M&T Bank has a payout ratio of 32.97% on a trailing twelve-month basis.

When is the next M&T Bank dividend payment date?

The next M&T Bank (MTB) dividend payment date is unconfirmed.

What is the beta indicator for M&T Bank?

M&T Bank (MTB) has a beta rating of 0.79. This means that it is less volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 0.5 would mean it moves half as much as the market.

What is the M&T Bank stock price target?

The target price for M&T Bank (MTB) stock is $159.26, which is 13.02% above the current price of $140.91. This is an average based on projections from 19 analysts, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

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