M&T Bank Corporation (NYSE:MTB – Free Report) – DA Davidson issued their Q3 2025 EPS estimates for shares of M&T Bank in a report released on Thursday, July 17th. DA Davidson analyst P. Winter anticipates that the financial services provider will post earnings per share of $4.44 for the quarter. DA Davidson has a “Neutral” rating and a $207.00 price target 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 $16.66 EPS and FY2026 earnings at $18.96 EPS.
Several other brokerages also recently issued reports on MTB. JPMorgan Chase & Co. cut their price objective on M&T Bank from $212.50 to $186.50 and set a “neutral” rating for the company in a research report on Thursday, April 3rd. Morgan Stanley lifted their price target on M&T Bank from $206.00 to $215.00 and gave the company an “overweight” rating in a report on Friday, June 20th. Barclays reduced their price target on shares of M&T Bank from $235.00 to $220.00 and set an “equal weight” rating on the stock in a research report on Tuesday, April 15th. Wall Street Zen upgraded shares of M&T Bank from a “sell” rating to a “hold” rating in a research report on Wednesday, May 14th. Finally, TD Cowen assumed coverage on shares of M&T Bank in a research report on Thursday, May 15th. They set a “buy” rating and a $230.00 target price on the stock. One analyst has rated the stock with a sell rating, eight have issued a hold rating and thirteen have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $212.88.
M&T Bank Stock Up 0.3%
NYSE MTB opened at $196.15 on Friday. The stock’s 50 day simple moving average is $188.64 and its 200 day simple moving average is $184.37. M&T Bank has a one year low of $150.75 and a one year high of $225.70. The firm has a market cap of $31.49 billion, a PE ratio of 12.70, a price-to-earnings-growth ratio of 1.38 and a beta of 0.63. The company has a debt-to-equity ratio of 0.47, a current ratio of 0.91 and a quick ratio of 0.97.
M&T Bank (NYSE:MTB – Get Free Report) last posted its quarterly earnings data on Wednesday, July 16th. The financial services provider reported $4.28 earnings per share for the quarter, topping the consensus estimate of $4.04 by $0.24. M&T Bank had a net margin of 20.44% and a return on equity of 10.35%. The company had revenue of $2.40 billion during the quarter, compared to analyst estimates of $2.39 billion. During the same quarter last year, the business posted $3.73 earnings per share.
M&T Bank Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Monday, June 30th. Stockholders of record on Monday, June 2nd were given a $1.35 dividend. The ex-dividend date was Monday, June 2nd. This represents a $5.40 annualized dividend and a dividend yield of 2.75%. M&T Bank’s dividend payout ratio is currently 36.17%.
Insider Activity
In related news, Director Robert E. Sadler, Jr. sold 6,700 shares of the company’s stock in a transaction dated Thursday, June 12th. The stock was sold at an average price of $183.52, for a total value of $1,229,584.00. Following the completion of the sale, the director owned 23,070 shares in the company, valued at approximately $4,233,806.40. This represents a 22.51% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. 0.53% of the stock is owned by corporate insiders.
Hedge Funds Weigh In On M&T Bank
Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Exchange Traded Concepts LLC raised its position in shares of M&T Bank by 53.8% in the 1st quarter. Exchange Traded Concepts LLC now owns 526 shares of the financial services provider’s stock valued at $94,000 after acquiring an additional 184 shares during the period. Private Trust Co. NA increased its stake in M&T Bank by 16.5% in the first quarter. Private Trust Co. NA now owns 644 shares of the financial services provider’s stock valued at $115,000 after purchasing an additional 91 shares in the last quarter. Concurrent Investment Advisors LLC acquired a new stake in M&T Bank in the first quarter worth $225,000. Kingswood Wealth Advisors LLC raised its holdings in M&T Bank by 4.4% in the first quarter. Kingswood Wealth Advisors LLC now owns 2,076 shares of the financial services provider’s stock worth $370,000 after purchasing an additional 88 shares during the period. Finally, American Century Companies Inc. boosted its position in shares of M&T Bank by 0.9% during the fourth quarter. American Century Companies Inc. now owns 67,987 shares of the financial services provider’s stock worth $12,782,000 after purchasing an additional 610 shares in the last quarter. Institutional investors 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.
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