Working with TipRanks
Follow Us
Stocks
ETFs
Options
Commodities
Crypto
Currency
Research Tools
Calendars
Economic Indicators
Calculators
Education
About Us
Working with TipRanks
Follow Us
M&T Bank (MTB)
NYSE:MTB
M&T Bank (MTB) Stock Price & Analysis
661 Followers
MTB Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$105.03 - $148.93
Previous Close$146.27
Volume531.89K
Average Volume (3M)1.09M
Market Cap
$24.37B
Enterprise Value$37.89B
Total Cash (Recent Filing)$0.00
Total Debt (Recent Filing)$13.52B
Price to Earnings (P/E)9.9
Beta0.85
Next Earnings
Jul 18, 2024EPS Estimate
$3.52Last Dividend Ex-Date
Mar 01, 2024Dividend Yield3.55%
Share Statistics
EPS (TTM)14.80
Shares Outstanding166,624,291
10 Day Avg. Volume817,432
30 Day Avg. Volume1,093,270
Standard Deviation0.09
R-Squared0.23
Alpha-0.00416
Financial Highlights & Ratios
Price to Book (P/B)1.49
Price to Sales (P/S)2.53
Price to Cash Flow (P/CF)7.60
P/FCF Ratio4.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue3.93
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$161.91Price Target Upside10.46% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering13
M&T Bank News
PremiumCompany Announcements
M&T Bank Shares Investor Presentation Insights
PremiumCompany Announcements
M&T Bank Updates Investor Presentation with Financial OutlookBulls Say, Bears Say
Bulls Say
Financial HealthManagement's rigorous stress testing and review of the loan portfolio minimizes the risk of unexpected credit quality issues, providing confidence in the company's financial health.
Financial PerformanceAnalyst nudges full-year earnings per share (EPS) estimates higher, reflecting optimism in the company's financial performance.
Market ValuationThe stock is seen as undervalued, trading below pre-pandemic price-to-earnings ratios and offering attractive risk/reward despite commercial real estate market concerns.
Bears Say
Financial PerformanceRevenue $12mm below forecast with shortfall on fee income.
Interest MarginsNIM below forecast at 3.52%, decreasing due to higher liquidity and borrowing costs.
Loan QualityThere was a sequential increase in total criticized and non-accrual loans, suggesting potential concerns in loan quality.
---
Ownership Overview
5.99% Insiders
32.84% Mutual Funds
28.62% Other Institutional Investors
32.55% 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.
---
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 $148.93 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 74 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 3.55%. 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.
---
M&T Bank Stock Smart Score
Neutral
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$161.91 (10.46% Upside)
$161.91 (10.46% Upside)
Blogger Sentiment
Bullish
MTB Sentiment 75%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Increased
By 29.7K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $8.3M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Neutral
Last 7 Days ▼ 0.7%
Last 30 Days ▲ 1.4%
Last 30 Days ▲ 1.4%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
29.72%
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.
---
MTB Company Deck
---
MTB Earnings Call
Q1 2024
0:00 / 0:00
---
MTB Stock 12 Months Forecast
Average Price Target
$161.91
▲(10.46% Upside)
Technical Analysis
Best Analysts Covering MTB
1 Year
1 Year Success Rate
19/29 ratings generated profit
1 Year Average Return
+8.25%
reiterated a buy rating 20 days ago
Copying Gerard Cassidy's trades and holding each position for 1 Year would result in 65.52% of your transactions generating a profit, with an average return of +8.25% per trade.
---