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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$115.93 - $200.94
Previous Close$193.14
Volume3.08M
Average Volume (3M)1.02M
Market Cap
$31.84B
Enterprise Value$46.03B
Total Cash (Recent Filing)$0.00
Total Debt (Recent Filing)$14.19B
Price to Earnings (P/E)14.1
Beta0.92
Next Earnings
Jan 16, 2025EPS Estimate
$3.76Last Dividend Ex-Date
Sep 03, 2024Dividend Yield2.78%
Share Statistics
EPS (TTM)13.51
Shares Outstanding167,000,691
10 Day Avg. Volume1,008,661
30 Day Avg. Volume1,020,645
Standard Deviation0.09
R-Squared0.20
Alpha0.00152
Financial Highlights & Ratios
Price to Book (P/B)1.26
Price to Sales (P/S)3.48
Price to Cash Flow (P/CF)5.90
P/FCF Ratio3.70
Enterprise Value/Market CapN/A
Enterprise Value/Revenue5.01
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$215.58Price Target Upside-0.45% Downside
Rating ConsensusModerate Buy
Number of Analyst Covering12
M&T Bank News
Bulls Say, Bears Say
Bulls Say
Capital FlexibilityCapital flexibility should allow M&T to drive superior loan growth, accelerate buybacks, and stay opportunistic on mergers and acquisitions.
Capital PositionM&T Bank's stock should sustain its premium valuation given excess capital positioning, superior loan growth potential, disciplined expense control, and a stable-to-rising net interest margin.
Stock PerformanceM&T-MTB shares outperformed peers as 3Q24 core EPS of $4.02 beat expectations.
Bears Say
Competitive PressureIncreased competition from larger banks targeting MTB's mid-tier type of city poses challenges.
Financial Performance ConcernsResults reflect negative operating leverage with core revenue down 1% and expenses up 6%.
Growth ChallengesMTB operates in one of the slowest growing bank footprints based on estimated annual population growth.
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Ownership Overview
0.42% Insiders
30.98% Mutual Funds
3.37% Other Institutional Investors
38.60% 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 $115.92 and its highest was $200.94 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 67 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 Overvalued.
Does M&T Bank pay dividends?
M&T Bank pays a Quarterly dividend of $1.35 which represents an annual dividend yield of 2.78%. 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 167,000,690 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 29M.
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M&T Bank Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$215.58 (-0.45% Downside)
$215.58 (-0.45% Downside)
Blogger Sentiment
Bullish
MTB Sentiment 83%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Increased
By 19.8K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $15.9M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 0.9%
Last 30 Days ▲ 15.4%
Last 30 Days ▲ 15.4%
Technicals
SMA
Positive
20 days / 200 days
Momentum
63.44%
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
$215.58
▼(-0.45% Downside)
Technical Analysis
Best Analysts Covering MTB
1 Year
1 Year Success Rate
11/11 ratings generated profit
1 Year Average Return
+22.31%
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 +22.31% per trade.
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