M&T Bank
MTB

$166.51

1.6%

Market Cap: $27.8B

About: M&T Bank is one of the largest regional banks in the United States, with branches in New York, Pennsylvania, West Virginia, Virginia, Maryland, Delaware, and New Jersey. The bank was founded to serve manufacturing and trading businesses around the Erie Canal and is primarily focused on commercial real estate and commercial-related lending, with some retail operations also present.

Employees: 21,927

Financials State Commercial Banks

0

Funds holding %

of 6,686 funds

0

Analysts bullish %

of 15 analysts

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

75% more funds holding in top 10

Funds holding in top 10: 4 [Q1] → 7 (+3) [Q2]

72% more call options, than puts

Call options by funds: $139M | Put options by funds: $81.1M

33% more first-time investments, than exits

New positions opened: 100 | Existing positions closed: 75

11% more repeat investments, than reductions

Existing positions increased: 335 | Existing positions reduced: 301

3% more funds holding

Funds holding: 873 [Q1] → 898 (+25) [Q2]

4% more capital invested

Capital invested by funds: $20.7B [Q1] → $21.5B (+$777M) [Q2]

0.39% less ownership

Funds ownership: 85.65% [Q1] → 85.26% (-0.39%) [Q2]

See Fund Rankings

Research analyst outlook

15 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target

$161

3%

downside

Avg. target

$181

9%

upside

High target

$220

32%

upside

15 analyst ratings

8 positive

53%

6 neutral

40%

1 negative

7%

JP Morgan Steven Alexopoulos 73% 1-year accuracy 37 / 51 met price target	29%upside $215	Overweight Upgraded	3 Sept 2024
Wells Fargo Mike Mayo 78% 1-year accuracy 14 / 18 met price target	1%downside $165	Underweight Downgraded	15 Aug 2024
Morgan Stanley Manan Gosalia 73% 1-year accuracy 16 / 22 met price target	32%upside $220	Overweight Maintained	5 Aug 2024
JP Morgan Steven Alexopoulos 73% 1-year accuracy 37 / 51 met price target	10%upside $183	Neutral Maintained	23 Jul 2024
B of A Securities Ebrahim Poonawala 73% 1-year accuracy 11 / 15 met price target	13%upside $188	Buy Maintained	22 Jul 2024

See Analyst Rankings

Financial journalist opinion

Based on 7 articles about MTB published over the past 30 days

M&T Bank Corporation Announces Third Quarter 2024 Earnings Release and Conference Call

BUFFALO, N.Y. , Sept. 5, 2024 /PRNewswire/ -- M&T Bank Corporation ("M&T") (NYSE: MTB) plans to announce its third quarter 2024 earnings results in a press release that will be issued before the market opens on Thursday, October 17, 2024.

M&T Bank Corporation Announces Third Quarter 2024 Earnings Release and Conference Call

Financial Upgrades: BAC, V, & MTB

A morning of upgrades in financial stocks shone a bright spot on an early post-holiday sell-off. Bank of America (BAC), Visa (V), and M&T Bank (MTB) all received upgrades from analysts.

Financial Upgrades: BAC, V, & MTB

The Motley Fool

Forget New York Community Bancorp: Billionaires Are Buying Up This Bank Stock Instead

When interest rates rose and banking became a more difficult business, New York Community Bancorp quickly found itself in need of a bailout. M&T Bank faced the same difficult conditions and hasn't skipped a beat.

Forget New York Community Bancorp: Billionaires Are Buying Up This Bank Stock Instead

M&T Bank Corporation Announces Third Quarter Common Stock Dividend

BUFFALO, N.Y. , Aug. 20, 2024 /PRNewswire/ -- M&T Bank Corporation ("M&T") (NYSE:MTB) announced that it has declared a quarterly cash dividend of $1.35 per share on its common stock.

M&T Bank Corporation Announces Third Quarter Common Stock Dividend

M&T Bank draws downgrade on ‘mixed bag' from lower interest rates

M&T Bank Corp. was downgraded to underweight from equal-weight at Wells Fargo on Thursday as one analyst said the regional-banking giant faces potential downside from its exposure to lower interest rates and competition from larger players in mid-tier cities.

M&T Bank draws downgrade on ‘mixed bag' from lower interest rates

M&T Bank Corporation to Participate in the Barclays Global Financial Services Conference

BUFFALO, N.Y. , Aug. 14, 2024 /PRNewswire/ -- M&T Bank Corporation ("M&T") (NYSE:MTB) will participate in the Barclays Global Financial Services Conference being held in New York City.

M&T Bank Corporation to Participate in the Barclays Global Financial Services Conference

M&T Bank Names Lopa Kolluri as Head of Affordable Housing Lending

Updates to M&T's Affordable Housing Platform Reinforce Bank's Commitment to its Clients and Communities NEW YORK , Aug. 12, 2024 /PRNewswire/ -- M&T Bank (NYSE: MTB) today announced that it has appointed Lopa Kolluri as Head of Affordable Housing Lending. In this new role, Kolluri is responsible for the development, oversight, and day-to-day management of the Affordable Housing vertical within M&T's Commercial Bank.

M&T Bank Names Lopa Kolluri as Head of Affordable Housing Lending

16 stocks to exploit August's explosive election-year gains

U.S. stocks typically do especially well during August in presidential election years like this one. On average since its inception in 1896, the Dow Jones Industrial Average DJIA has gained 2.8% in August of a presidential election year.

16 stocks to exploit August's explosive election-year gains

CVS, MO, MTB: Stocks to Watch

Equity markets are showing classic late cycle behavior, according to Dan Genter. He goes over his stock picks CVS Health (CVS), Altria (MO), M&T Bank (MTB).

CVS, MO, MTB: Stocks to Watch

3 Overlooked Bank Stocks to Buy With Lower Interest Rates in 2025

As we speed through the second half of 2024, bank stocks remain an attractive opportunity for discerning investors. The banking industry is one of the more appealing sectors, given that tech stock valuations are at unsustainable levels.

3 Overlooked Bank Stocks to Buy With Lower Interest Rates in 2025

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