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M&T Bank (MTB)
NYSE:MTB
Holding MTB?
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MTB Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$123.46 - $216.84
Previous Close$213.52
Volume751.86K
Average Volume (3M)1.08M
Market Cap
$35.46B
Enterprise Value$49.65B
Total Cash (Recent Filing)$0.00
Total Debt (Recent Filing)$14.19B
Price to Earnings (P/E)15.8
Beta1.07
Next Earnings
Jan 16, 2025EPS Estimate
$3.76Next Dividend Ex-Date
Dec 02, 2024Dividend Yield2.48%
Share Statistics
EPS (TTM)13.52
Shares Outstanding165,921,158
10 Day Avg. Volume912,918
30 Day Avg. Volume1,084,530
Standard Deviation0.09
R-Squared0.20
Alpha0.00152
Financial Highlights & Ratios
Price to Book (P/B)1.34
Price to Sales (P/S)3.88
Price to Cash Flow (P/CF)-316.60
P/FCF Ratio32.60
Enterprise Value/Market CapN/A
Enterprise Value/Revenue5.41
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$220.92Price Target Upside1.99% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering12
M&T Bank News
Bulls Say, Bears Say
Bulls Say
Capital And Growth StrategyMTB benefits from greater optionality given its excess capital position, allowing for potential organic growth or significant share repurchases.
Credit PerformanceCredit metrics improved with lower net charge-offs, nonperforming loans, and criticized loans on a sequential basis.
Regulatory EnvironmentPost-election euphoria is warranted, in management's view, given bank clients and banks themselves should have less regulatory hurdles with which to contend, which could lead to increased M&A activity at the borrower level (supporting increased loan growth) as well as potentially at the bank level.
Bears Say
Competitive EnvironmentMore competition in a slower growing footprint as larger bank competitors increasingly target MTB's mid-tier type of city.
Financial PerformanceResults reflect negative operating leverage with core revenue down 1% and expenses up 6%.
Market ExposureMTB is over indexed to CRE with greater CRE/office exposures at 2x versus peers, contributing to higher stressed capital buffer and only modest buybacks.
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Ownership Overview
0.41% Insiders
31.18% Mutual Funds
14.52% Other Institutional Investors
26.46% 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 $123.46 and its highest was $216.84 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 54 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 2.48%. See more information on M&T Bank dividends here
What is M&T Bank’s EPS estimate?
M&T Bank’s EPS estimate is $3.76.
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 5.028%.
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:
$220.92 (1.99% Upside)
$220.92 (1.99% 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 $20.4M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 2.2%
Last 30 Days ▲ 11.0%
Last 30 Days ▲ 11.0%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
74.44%
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
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MTB Stock 12 Month Forecast
Average Price Target
$220.92
▲(1.99% Upside)
Technical Analysis
Best Analysts Covering MTB
1 Year
1 Year Success Rate
11/11 ratings generated profit
1 Year Average Return
+28.14%
reiterated a buy rating 4 months ago
Copying Keith Horowitz's trades and holding each position for 1 Year would result in 100.00% of your transactions generating a profit, with an average return of +28.14% per trade.
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