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M&T Bank (MTB)
NYSE:MTB
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MTB Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$128.31 - $225.70
Previous Close$185.42
Volume3.38M
Average Volume (3M)1.13M
Market Cap
$30.77B
Enterprise Value$44.96B
Total Cash (Recent Filing)$0.00
Total Debt (Recent Filing)$14.19B
Price to Earnings (P/E)13.7
Beta0.98
Next Earnings
Jan 16, 2025EPS Estimate
$3.73Last Dividend Ex-Date
Dec 02, 2024Dividend Yield2.85%
Share Statistics
EPS (TTM)13.52
Shares Outstanding165,921,158
10 Day Avg. Volume1,448,543
30 Day Avg. Volume1,130,129
Standard Deviation0.09
R-Squared0.20
Alpha0.00217
Financial Highlights & Ratios
Price to Book (P/B)1.16
Price to Sales (P/S)3.38
Price to Cash Flow (P/CF)-275.80
P/FCF Ratio28.40
Enterprise Value/Market CapN/A
Enterprise Value/Revenue4.90
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$226.84Price Target Upside19.72% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering16
M&T Bank News
PremiumCompany Announcements
M&T Bank Highlights Strategic Growth and Sustainability Goals
Bulls Say, Bears Say
Bulls Say
Capital PositionM&T Bank's strong capital position, with CET1 at 11.5% and over $5 billion in excess, suggests robust potential for future growth and stability.
Earnings OutlookM&T Bank's earnings outlook is solid, with a large benefit from the roll-off of receive fixed swaps driving a sizable uplift to net interest income.
Loan Growth PotentialM&T Bank's stock should sustain its premium valuation given superior loan growth potential, disciplined expense control, and a stable-to-rising net interest margin.
Bears Say
Commercial Real Estate ExposureM&T Bank's office commercial real estate (CRE) exposure and relatively lower loan loss reserves are expected to remain a headwind.
Growth And Expense OverhangIn the near term, CRE is likely to be an overhang in terms of growth, expenses, and capital due to costly workouts.
Growth ChallengesResults reflect negative operating leverage year-over-year with core revenue down 1% and expenses up 6%.
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Ownership Overview
0.39% Insiders
30.59% Mutual Funds
14.56% Other Institutional Investors
26.05% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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MTB FAQ
What was M&T Bank’s price range in the past 12 months?
M&T Bank lowest stock price was $128.31 and its highest was $225.70 in the past 12 months.
What is M&T Bank’s market cap?
Currently, no data Available
When is M&T Bank’s upcoming earnings report date?
M&T Bank’s upcoming earnings report date is Jan 16, 2025 which is in 26 days.
How were M&T Bank’s earnings last quarter?
M&T Bank released its earnings results on Oct 17, 2024. The company reported $4.02 earnings per share for the quarter, beating the consensus estimate of $3.642 by $0.378.
Is M&T Bank overvalued?
According to Wall Street analysts M&T Bank’s price is currently Undervalued.
Does M&T Bank pay dividends?
M&T Bank pays a Quarterly dividend of $1.35 which represents an annual dividend yield of 2.85%. See more information on M&T Bank dividends here
What is M&T Bank’s EPS estimate?
M&T Bank’s EPS estimate is $3.73.
How many shares outstanding does M&T Bank have?
M&T Bank has 165,921,160 shares outstanding.
What happened to M&T Bank’s price movement after its last earnings report?
M&T Bank reported an EPS of $4.02 in its last earnings report, beating expectations of $3.642. Following the earnings report the stock price went up 5.027%.
Which hedge fund is a major shareholder of M&T Bank?
Among the largest hedge funds holding M&T Bank’s share is Polaris Capital Management LLC. It holds M&T Bank’s shares valued at 34M.
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M&T Bank Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$226.84 (19.72% Upside)
$226.84 (19.72% Upside)
Blogger Sentiment
Bullish
MTB Sentiment 83%
Sector Average 65%
Sector Average 65%
Hedge Fund Trend
Increased
By 172.6K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $25.9M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Negative
Last 7 Days ▲ 0.6%
Last 30 Days ▼ 1.5%
Last 30 Days ▼ 1.5%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
37.42%
12-Months-Change
Fundamentals
Return on Equity
8.66%
Trailing 12-Months
Asset Growth
1.27%
Trailing 12-Months
Company Description
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 following segments: Business Banking, Commercial Banking, Commercial Real Estate, Discretionary Portfolio, Residential Mortgage Banking, and Retail Banking. The Business Banking segment provides services to small businesses and professionals through the company's branch network, business banking centres and other delivery channels such as telephone banking, Internet banking and automated teller machines. The Commercial Banking segment offers credit products and banking services for middle-market and large commercial customers. The Commercial Real Estate segment includes credit and deposit services to its customers. The Discretionary Portfolio segment consists of investment and trading securities, residential mortgage loans and other assets, short-term and long-term borrowed funds, brokered certificates of deposit and interest rate swap agreements related thereto, and Cayman Islands branch deposits. The Residential Mortgage Banking segment comprises of residential mortgage loans and sells substantially all of those loans in the secondary market to investors. The Retail Banking segment offers services to consumers through several delivery channels which include branch offices, automated teller machines, telephone banking, and Internet banking. The company was founded on August 30, 1856 and is headquartered in Buffalo, NY.
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MTB Company Deck
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MTB Earnings Call
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Positive
The earnings call highlighted strong financial performance with significant growth in net income, improved asset quality, and increased CET1 ratio. There were positive developments in loan growth and share repurchases, but challenges remain with the decline in noninterest-bearing deposits and high deposit costs. Overall, the positives outweigh the negatives, indicating a strong quarter for M&T Bank.Read More>---
MTB Stock 12 Month Forecast
Average Price Target
$226.84
▲(19.72% Upside)
Technical Analysis
Best Analysts Covering MTB
1 Year
1 Year Success Rate
9/12 ratings generated profit
1 Year Average Return
+20.67%
assigned a buy rating 2 months ago
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