M&T Bank
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
0
Funds holding %
of 7,139 funds
0
Analysts bullish %
of 9 analysts
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
155% more first-time investments, than exits
New positions opened: 163 | Existing positions closed: 64
6% more funds holding
Funds holding: 924 [Q3] → 981 (+57) [Q4]
1% more capital invested
Capital invested by funds: $26.6B [Q3] → $27B (+$350M) [Q4]
0% more repeat investments, than reductions
Existing positions increased: 336 | Existing positions reduced: 336
3.26% less ownership
Funds ownership: 89.72% [Q3] → 86.46% (-3.26%) [Q4]
9% less funds holding in top 10
Funds holding in top 10: 11 [Q3] → 10 (-1) [Q4]
14% less call options, than puts
Call options by funds: $103M | Put options by funds: $120M
Research analyst outlook
9 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$221
14%
upside
Avg. target
$234
21%
upside
High target
$250
29%
upside
9 analyst ratings
2 positive
22%
7 neutral
78%
0 negative
0%
DA Davidson Peter Winter 71% 1-year accuracy 12 / 17 met price target | 15%upside $223 | Neutral Maintained | 17 Jan 2025 |
Truist Securities Brian Foran 82% 1-year accuracy 9 / 11 met price target | 22%upside $236 | Buy Reiterated | 17 Jan 2025 |
Barclays Jason Goldberg 75% 1-year accuracy 42 / 56 met price target | 21%upside $235 | Equal-Weight Maintained | 6 Jan 2025 |
Compass Point David Rochester 63% 1-year accuracy 15 / 24 met price target | 29%upside $250 | Neutral Maintained | 10 Dec 2024 |
Keefe, Bruyette & Woods David Konrad 77% 1-year accuracy 23 / 30 met price target | 14%upside $221 | Market Perform Maintained | 4 Dec 2024 |
Financial journalist opinion
Based on 6 articles about MTB published over the past 30 days
Positive
Zacks Investment Research
1 day ago
Are You Looking for a High-Growth Dividend Stock?
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does M&T Bank Corporation (MTB) have what it takes?
Neutral
PRNewsWire
2 days ago
M&T Bank Corporation Announces First Quarter Common Stock Dividend
BUFFALO, N.Y. , Feb. 19, 2025 /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.
Neutral
GlobeNewsWire
1 week ago
Wilmington Trust & AccessFintech Streamline Private Credit Lifecycle Management
LONDON and NEW YORK, Feb. 12, 2025 (GLOBE NEWSWIRE) -- Wilmington Trust and AccessFintech have announced a new collaboration that automates and streamlines loan lifecycle management using the Synergy platform. This effort drives real-time data transparency and collaboration, significantly reducing discrepancies and resolution times among various organizations across the loan market.
Neutral
PRNewsWire
2 weeks ago
M&T Bank Corporation to Participate in the RBC Financial Institutions Conference
BUFFALO, N.Y. , Feb. 6, 2025 /PRNewswire/ -- M&T Bank Corporation ("M&T") (NYSE:MTB) will participate in the RBC Financial Institutions Conference being held in New York City.
Positive
Zacks Investment Research
2 weeks ago
Why M&T Bank Corporation (MTB) is a Great Dividend Stock Right Now
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does M&T Bank Corporation (MTB) have what it takes?
Neutral
PRNewsWire
3 weeks ago
M&T Bank Appoints Neeraj Singh as New Chief Risk Officer
Mike Todaro, M&T's Current Chief Risk Officer, to Retire in Q1 2025 BUFFALO, N.Y. , Jan. 27, 2025 /PRNewswire/ -- M&T Bank (NYSE:MTB) is pleased to announce the appointment of Neeraj Singh as the bank's next Chief Risk Officer (CRO) effective January 31, 2025.
Neutral
PRNewsWire
1 month ago
M&T Bank Corporation Announces Common Stock Repurchase Program
BUFFALO, N.Y. , Jan. 22, 2025 /PRNewswire/ -- M&T Bank Corporation ("M&T") (NYSE:MTB) announced that its Board of Directors authorized a share repurchase program to repurchase up to $4.0 billion of M&T common stock, $0.50 par value per share, on the open market or in privately negotiated transactions.
Positive
Benzinga
1 month ago
The 3 Best Bank Stocks to Buy for 2025
Investors received a big boost on January 15 with a December, 2024 Consumer Price Index report showing core inflation rose less than expected. This reassured Wall Street the Federal Reserve could continue to lower interest rates in 2025.
Positive
Zacks Investment Research
1 month ago
Why M&T Bank Corporation (MTB) is a Top Dividend Stock for Your Portfolio
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does M&T Bank Corporation (MTB) have what it takes?
Neutral
Zacks Investment Research
1 month ago
M&T Bank Q4 Earnings Beat Estimates on Fee Income Growth, Stock Up
Strong fee income, higher loan balances, along with lower expenses, support MTB's Q4 earnings. Yet, a decline in deposit balance remains a near-term concern.
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