Zacks Research Comments on M&T Bank’s Q2 Earnings (NYSE:MTB)

M&T Bank Co. (NYSE:MTB) – Analysts at Zacks Research decreased their Q2 2025 EPS estimates for M&T Bank in a research note issued on Monday, May 5th. Zacks Research analyst R. Department now expects that the financial services provider will post earnings of $3.98 per share for the quarter, down from their previous estimate of $4.01. The consensus estimate for M&T Bank’s current full-year earnings is $16.57 per share. Zacks Research also issued estimates for M&T Bank’s Q3 2025 earnings at $4.28 EPS, Q4 2025 earnings at $4.41 EPS, Q1 2026 earnings at $3.98 EPS, Q3 2026 earnings at $4.73 EPS, Q4 2026 earnings at $4.81 EPS and FY2027 earnings at $20.21 EPS.

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

Other equities analysts have also issued reports about the company. Wells Fargo & Company dropped 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, April 15th. StockNews.com downgraded M&T Bank from a “hold” rating to a “sell” rating in a research report on Tuesday. Evercore ISI reduced 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 research report on Thursday, March 13th. Deutsche Bank Aktiengesellschaft upgraded shares of M&T Bank from a “hold” rating to a “buy” rating and set a $210.00 price objective for the company in a research report on Thursday, April 24th. Finally, Robert W. Baird dropped 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 research note on Tuesday, April 15th. Two investment analysts have rated the stock with a sell rating, eight have given a hold rating and ten have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, M&T Bank currently has a consensus rating of “Hold” and a consensus price target of $208.24.

M&T Bank Stock Down 0.3 %

Shares of MTB stock opened at $177.11 on Thursday. The stock has a market cap of $29.10 billion, a P/E ratio of 12.11, a PEG ratio of 1.38 and a beta of 0.58. The company’s fifty day simple moving average is $170.16 and its two-hundred day simple moving average is $189.62. The company has a quick ratio of 0.99, a current ratio of 0.98 and a debt-to-equity ratio of 0.47. M&T Bank has a 52 week low of $139.78 and a 52 week high of $225.70.

M&T Bank Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Monday, March 3rd were issued a $1.35 dividend. The ex-dividend date was Monday, March 3rd. This represents a $5.40 annualized dividend and a dividend yield of 3.05%. M&T Bank’s dividend payout ratio is currently 36.17%.

M&T Bank announced that its board has initiated a stock buyback plan on Wednesday, January 22nd that permits the company to repurchase $4.00 billion in outstanding shares. This repurchase authorization permits the financial services provider to reacquire up to 12.3% of its stock through open market purchases. Stock repurchase plans are often a sign that the company’s management believes its shares are undervalued.

Insider Transactions at M&T Bank

In other M&T Bank news, EVP Christopher E. Kay sold 1,738 shares of the stock in a transaction on Wednesday, March 12th. The stock was sold at an average price of $172.34, for a total transaction of $299,526.92. Following the sale, the executive vice president now owns 10,751 shares of the company’s stock, valued at approximately $1,852,827.34. This trade represents a 13.92 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 0.53% of the company’s stock.

Institutional Investors Weigh In On M&T Bank

A number of hedge funds have recently made changes to their positions in MTB. Sanctuary Advisors LLC raised its position in shares of M&T Bank by 0.3% during the 4th quarter. Sanctuary Advisors LLC now owns 15,819 shares of the financial services provider’s stock valued at $3,195,000 after buying an additional 52 shares during the period. Quadrant Capital Group LLC raised its position in M&T Bank by 5.8% in the fourth quarter. Quadrant Capital Group LLC now owns 971 shares of the financial services provider’s stock valued at $183,000 after purchasing an additional 53 shares during the period. Catalina Capital Group LLC grew its holdings in shares of 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 worth $531,000 after purchasing an additional 56 shares during the period. Marcum Wealth LLC increased its position in shares of M&T Bank by 4.9% during the 1st quarter. Marcum Wealth LLC now owns 1,231 shares of the financial services provider’s stock worth $220,000 after purchasing an additional 57 shares during the last quarter. Finally, Parallel Advisors LLC boosted its stake in M&T Bank by 1.7% during the fourth quarter. Parallel Advisors LLC now owns 3,512 shares of the financial services provider’s stock worth $660,000 after buying an additional 60 shares during the period. 84.68% of the stock is currently owned by hedge funds and other institutional investors.

About M&T Bank

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.