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M&T Bank (MTB)
NYSE:MTB
M&T Bank (MTB) Stock Price & Analysis
659 Followers
MTB Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$105.03 - $147.01
Previous Close$137.39
Volume533.88K
Average Volume (3M)1.25M
Market Cap
$23.76B
Enterprise Value$37.00B
Total Cash (Recent Filing)$0.00
Total Debt (Recent Filing)$13.52B
Price to Earnings (P/E)9.5
Beta0.85
Next Earnings
Jul 18, 2024EPS Estimate
$3.52Last Dividend Ex-Date
Mar 01, 2024Dividend Yield3.69%
Share Statistics
EPS (TTM)14.80
Shares Outstanding166,624,291
10 Day Avg. Volume1,217,528
30 Day Avg. Volume1,250,260
Standard Deviation0.09
R-Squared0.23
Alpha-0.00393
Financial Highlights & Ratios
Price to Book (P/B)1.37
Price to Sales (P/S)2.44
Price to Cash Flow (P/CF)7.00
P/FCF Ratio3.60
Enterprise Value/Market CapN/A
Enterprise Value/Revenue3.84
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$161.91Price Target Upside16.47% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering13
M&T Bank News
PremiumCompany Announcements
M&T Bank Updates Investor Presentation with Financial OutlookBulls Say, Bears Say
Bulls Say
Asset QualityCommercial Real Estate portfolio risk is stabilizing, suggesting improved asset quality and risk management.
Financial OutlookThe company has guided for higher Net Interest Income, indicating potential growth in profitability.
Shareholder ValueThe company's strong capital position provides flexibility for funding growth or pursuing share buybacks, indicating potential for increased shareholder value.
Bears Say
Credit QualityCredit quality deteriorated incrementally, with NCOs increasing $52 million to $148 million.
Financial PerformanceRevenue $12mm below forecast with shortfall on fee income.
Loan QualityThere was a sequential increase in total criticized and non-accrual loans, suggesting potential concerns in loan quality.
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Ownership Overview
5.99% Insiders
32.45% Mutual Funds
26.54% Other Institutional Investors
35.02% 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 $105.03 and its highest was $147.01 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 Jul 18, 2024 which is in 91 days.
How were M&T Bank’s earnings last quarter?
M&T Bank released its earnings results on Apr 15, 2024. The company reported $3.02 earnings per share for the quarter, beating the consensus estimate of $3.007 by $0.013.
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 $1.3 which represents an annual dividend yield of 3.69%. See more information on M&T Bank dividends here
What is M&T Bank’s EPS estimate?
M&T Bank’s EPS estimate is $3.52.
How many shares outstanding does M&T Bank have?
M&T Bank has 166,620,990 shares outstanding.
What happened to M&T Bank’s price movement after its last earnings report?
M&T Bank reported an EPS of $3.02 in its last earnings report, beating expectations of $3.007. Following the earnings report the stock price went up 4.741%.
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 24M.
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M&T Bank Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$161.91 (16.47% Upside)
$161.91 (16.47% Upside)
Blogger Sentiment
Bullish
MTB Sentiment 76%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Increased
By 29.7K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $5.3M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▲ 2.0%
Last 30 Days ▼ 5.4%
Last 30 Days ▼ 5.4%
News Sentiment
Bullish
Bullish news 67%
Bearish news 33%
Bearish news 33%
Technicals
SMA
Positive
20 days / 200 days
Momentum
22.69%
12-Months-Change
Fundamentals
Return on Equity
9.77%
Trailing 12-Months
Asset Growth
6.00%
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
Q1 2024
0:00 / 0:00
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MTB Stock 12 Months Forecast
Average Price Target
$161.91
▲(16.47% Upside)
Technical Analysis
Best Analysts Covering MTB
1 Year
1 Year Success Rate
7/10 ratings generated profit
1 Year Average Return
+5.39%
reiterated a buy rating 2 months ago
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