DA Davidson Estimates M&T Bank’s Q2 Earnings (NYSE:MTB)

M&T Bank Co. (NYSE:MTB) – Stock analysts at DA Davidson issued their Q2 2025 EPS estimates for M&T Bank in a note issued to investors on Tuesday, April 15th. DA Davidson analyst P. Winter forecasts that the financial services provider will earn $3.94 per share for the quarter. DA Davidson has a “Neutral” rating and a $189.00 price objective on the stock. The consensus estimate for M&T Bank’s current full-year earnings is $16.57 per share. DA Davidson also issued estimates for M&T Bank’s FY2025 earnings at $15.89 EPS.

M&T Bank (NYSE:MTB) last posted its quarterly earnings data on Monday, April 14th. The financial services provider reported $3.38 earnings per share for the quarter, missing analysts’ consensus estimates of $3.41 by ($0.03). M&T Bank had a net margin of 19.24% and a return on equity of 10.12%. The company had revenue of $2.31 billion for the quarter, compared to the consensus estimate of $2.35 billion. During the same period last year, the business earned $3.09 EPS.

A number of other analysts have also weighed in on the stock. Royal Bank of Canada reduced their price objective on shares of M&T Bank from $208.00 to $200.00 and set an “outperform” rating for the company in a research note on Tuesday. Robert W. Baird decreased their price objective on shares of M&T Bank from $220.00 to $200.00 and set an “outperform” rating for the company in a report on Tuesday. JPMorgan Chase & Co. reduced their target price on M&T Bank from $212.50 to $186.50 and set a “neutral” rating for the company in a report on Thursday, April 3rd. Wells Fargo & Company decreased their price target on M&T Bank from $185.00 to $175.00 and set an “underweight” rating for the company in a research note on Tuesday. Finally, Evercore ISI dropped their price target on shares of M&T Bank from $234.00 to $205.00 and set an “outperform” rating on the stock in a report on Thursday, March 13th. One analyst has rated the stock with a sell rating, nine have given a hold rating and nine have assigned a buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $208.14.

M&T Bank Price Performance

MTB opened at $158.84 on Wednesday. The firm has a market cap of $26.10 billion, a PE ratio of 10.86, a P/E/G ratio of 1.38 and a beta of 0.58. The stock has a 50-day moving average price of $178.78 and a 200-day moving average price of $191.32. M&T Bank has a 1 year low of $137.76 and a 1 year high of $225.70. The company has a debt-to-equity ratio of 0.47, a current ratio of 0.98 and a quick ratio of 0.99.

M&T Bank Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Monday, March 3rd were issued a dividend of $1.35 per share. The ex-dividend date was Monday, March 3rd. This represents a $5.40 annualized dividend and a dividend yield of 3.40%. M&T Bank’s dividend payout ratio is presently 36.91%.

M&T Bank announced that its board has approved a stock repurchase plan on Wednesday, January 22nd that allows the company to repurchase $4.00 billion in outstanding shares. This repurchase authorization allows the financial services provider to repurchase up to 12.3% of its shares through open market purchases. Shares repurchase plans are usually an indication that the company’s board believes its shares are undervalued.

Insider Activity

In related news, EVP Christopher E. Kay sold 1,738 shares of the stock in a transaction that occurred on Wednesday, March 12th. The shares were sold at an average price of $172.34, for a total value of $299,526.92. Following the completion of the transaction, the executive vice president now directly owns 10,751 shares of the company’s stock, valued at $1,852,827.34. This trade represents a 13.92 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Company insiders own 0.53% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of MTB. Sanctuary Advisors LLC increased its position in shares of M&T Bank by 0.3% in the 4th quarter. Sanctuary Advisors LLC now owns 15,819 shares of the financial services provider’s stock valued at $3,195,000 after acquiring an additional 52 shares during the period. Quadrant Capital Group LLC raised its position in M&T Bank by 5.8% during the 4th quarter. Quadrant Capital Group LLC now owns 971 shares of the financial services provider’s stock worth $183,000 after buying an additional 53 shares during the last quarter. Catalina Capital Group LLC lifted its stake in M&T Bank by 2.0% during the 4th quarter. Catalina Capital Group LLC now owns 2,824 shares of the financial services provider’s stock valued at $531,000 after acquiring an additional 56 shares during the period. Marcum Wealth LLC boosted its holdings in shares of M&T Bank by 4.9% in the 1st quarter. Marcum Wealth LLC now owns 1,231 shares of the financial services provider’s stock valued at $220,000 after acquiring an additional 57 shares during the last quarter. Finally, Parallel Advisors LLC increased its stake in shares of M&T Bank by 1.7% in the fourth quarter. Parallel Advisors LLC now owns 3,512 shares of the financial services provider’s stock worth $660,000 after acquiring an additional 60 shares during the period. Institutional investors and hedge funds own 84.68% of the company’s stock.

M&T Bank Company Profile

M&T Bank Corp. operates as a bank holding company, which engages in the provision of retail and commercial banking, trust, wealth management, and investment services. It operates through the following segments: Commercial Bank, Retail Bank, Institutional Services and Wealth Management, and All Other.