M&T Bank (NYSE: MTB) has recently received a number of price target changes and ratings updates:
- 4/4/2025 – M&T Bank had its price target lowered by analysts at Truist Financial Co. from $236.00 to $225.00. They now have a “buy” rating on the stock.
- 4/3/2025 – M&T Bank had its price target lowered by analysts at JPMorgan Chase & Co. from $212.50 to $186.50. They now have a “neutral” rating on the stock.
- 3/28/2025 – M&T Bank had its price target lowered by analysts at Wells Fargo & Company from $205.00 to $185.00. They now have an “underweight” rating on the stock.
- 3/24/2025 – M&T Bank had its price target lowered by analysts at Citigroup Inc. from $230.00 to $195.00. They now have a “neutral” rating on the stock.
- 3/13/2025 – M&T Bank had its price target lowered by analysts at Morgan Stanley from $269.00 to $253.00. They now have an “overweight” rating on the stock.
- 3/13/2025 – M&T Bank had its price target lowered by analysts at Evercore ISI from $234.00 to $205.00. They now have an “outperform” rating on the stock.
M&T Bank Trading Down 1.1 %
Shares of NYSE:MTB traded down $1.81 during trading on Tuesday, reaching $155.85. The company’s stock had a trading volume of 962,025 shares, compared to its average volume of 1,106,360. The firm’s 50 day simple moving average is $185.95 and its two-hundred day simple moving average is $192.65. The company has a current ratio of 0.98, a quick ratio of 0.99 and a debt-to-equity ratio of 0.47. M&T Bank Co. has a 12 month low of $133.03 and a 12 month high of $225.70. The stock has a market capitalization of $25.60 billion, a PE ratio of 10.65, a price-to-earnings-growth ratio of 1.38 and a beta of 0.58.
M&T Bank (NYSE:MTB – Get Free Report) last announced its earnings results on Thursday, January 16th. The financial services provider reported $3.92 EPS for the quarter, topping analysts’ consensus estimates of $3.70 by $0.22. M&T Bank had a return on equity of 10.12% and a net margin of 19.24%. During the same period in the previous year, the business posted $2.74 earnings per share. On average, research analysts predict that M&T Bank Co. will post 16.57 EPS for the current fiscal year.
M&T Bank Announces Dividend
Insiders Place Their Bets
In related news, EVP Christopher E. Kay sold 1,738 shares of the business’s stock in a transaction on Wednesday, March 12th. The stock was sold at an average price of $172.34, for a total transaction of $299,526.92. Following the completion of the transaction, the executive vice president now owns 10,751 shares in the company, valued at $1,852,827.34. The trade was a 13.92 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.53% of the stock is owned by insiders.
Institutional Trading of M&T Bank
Several institutional investors and hedge funds have recently made changes to their positions in MTB. Sanctuary Advisors LLC increased its stake in M&T Bank by 0.3% in the 4th quarter. Sanctuary Advisors LLC now owns 15,819 shares of the financial services provider’s stock worth $3,195,000 after buying an additional 52 shares during the period. Quadrant Capital Group LLC grew its stake in M&T Bank by 5.8% in the 4th quarter. Quadrant Capital Group LLC now owns 971 shares of the financial services provider’s stock worth $183,000 after acquiring an additional 53 shares in the last quarter. Catalina Capital Group LLC increased its position in shares of M&T Bank by 2.0% during the fourth quarter. Catalina Capital Group LLC now owns 2,824 shares of the financial services provider’s stock worth $531,000 after acquiring an additional 56 shares during the period. Marcum Wealth LLC raised its stake in shares of M&T Bank by 4.9% during the first quarter. Marcum Wealth LLC now owns 1,231 shares of the financial services provider’s stock valued at $220,000 after acquiring an additional 57 shares in the last quarter. Finally, Parallel Advisors LLC boosted its holdings in shares of M&T Bank by 1.7% in the fourth quarter. Parallel Advisors LLC now owns 3,512 shares of the financial services provider’s stock valued at $660,000 after purchasing an additional 60 shares during the period. 84.68% of the stock is currently owned by institutional investors.
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 the following segments: Commercial Bank, Retail Bank, Institutional Services and Wealth Management, and All Other.
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