Weekly Investment Analysts’ Ratings Updates for M&T Bank (MTB)

A number of research firms have changed their ratings and price targets for M&T Bank (NYSE: MTB):

• 5/19/2025 – M&T Bank had its “outperform” rating reaffirmed by analysts at Royal Bank of Canada. They now have a $200.00 price target on the stock.
• 5/15/2025 – M&T Bank is now covered by analysts at TD Cowen. They set a “buy” rating and a $230.00 price target on the stock.
• 5/14/2025 – M&T Bank is now covered by analysts at Cowen Inc. They set a “buy” rating on the stock.
• 5/14/2025 – M&T Bank was upgraded by analysts at StockNews.com from a “sell” rating to a “hold” rating.
• 5/6/2025 – M&T Bank was downgraded by analysts at StockNews.com from a “hold” rating to a “sell” rating.
• 4/24/2025 – M&T Bank was upgraded by analysts at Deutsche Bank Aktiengesellschaft from a “hold” rating to a “buy” rating. They now have a $210.00 price target on the stock.
• 4/15/2025 – M&T Bank had its price target lowered by analysts at Wells Fargo & Company from $185.00 to $175.00. They now have an “underweight” rating on the stock.
• 4/15/2025 – M&T Bank had its price target lowered by analysts at Piper Sandler from $220.00 to $210.00. They now have an “overweight” rating on the stock.
• 4/15/2025 – M&T Bank had its price target lowered by analysts at Royal Bank of Canada from $208.00 to $200.00. They now have an “outperform” rating on the stock.
• 4/15/2025 – M&T Bank had its price target lowered by analysts at Robert W. Baird from $220.00 to $200.00. They now have an “outperform” rating on the stock.
• 4/15/2025 – M&T Bank had its price target lowered by analysts at DA Davidson from $205.00 to $189.00. They now have a “neutral” rating on the stock.
• 4/15/2025 – M&T Bank had its price target lowered by analysts at Barclays PLC from $235.00 to $220.00. They now have an “equal weight” rating on the stock.
• 4/15/2025 – M&T Bank had its price target lowered by analysts at Truist Financial Co. from $225.00 to $200.00. They now have a “buy” rating on the stock.
• 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.

M&T Bank Stock Down 0.9%

NYSE:MTB traded down $1.61 during trading hours on Tuesday, reaching $185.73. The company had a trading volume of 707,517 shares, compared to its average volume of 1,344,210. The firm has a market cap of $29.81 billion, a price-to-earnings ratio of 12.70, a P/E/G ratio of 1.38 and a beta of 0.58. The business’s 50-day simple moving average is $171.53 and its two-hundred day simple moving average is $189.20. M&T Bank Co. has a twelve month low of $139.78 and a twelve month high of $225.70. The company has a quick ratio of 0.99, a current ratio of 0.98 and a debt-to-equity ratio of 0.47.

M&T Bank (NYSE:MTB) last released its earnings results on Monday, April 14th. The financial services provider reported $3.38 EPS for the quarter, missing the consensus estimate of $3.41 by ($0.03). M&T Bank had a net margin of 19.24% and a return on equity of 10.12%. The business had revenue of $2.31 billion for the quarter, compared to the consensus estimate of $2.35 billion. During the same period in the prior year, the business posted $3.09 EPS. On average, equities analysts expect that M&T Bank Co. will post 16.57 earnings per share for the current year.

M&T Bank Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Monday, March 3rd were paid a $1.35 dividend. This represents a $5.40 annualized dividend and a yield of 2.91%. The ex-dividend date of this dividend was Monday, March 3rd. M&T Bank’s payout ratio is currently 36.17%.

Insider Transactions at M&T Bank

In related news, EVP Christopher E. Kay sold 1,738 shares of the business’s stock in a transaction that occurred 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 sale, the executive vice president now directly owns 10,751 shares in the company, valued at approximately $1,852,827.34. The trade was a 13.92% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 0.53% of the company’s stock.

Institutional Investors Weigh In On M&T Bank

Hedge funds have recently added to or reduced their stakes in the business. FMR LLC raised its stake in M&T Bank by 14.3% during the 4th quarter. FMR LLC now owns 14,110,412 shares of the financial services provider’s stock worth $2,652,899,000 after acquiring an additional 1,761,014 shares in the last quarter. Wellington Management Group LLP boosted its holdings in M&T Bank by 33.1% during the first quarter. Wellington Management Group LLP now owns 9,894,065 shares of the financial services provider’s stock worth $1,768,564,000 after buying an additional 2,460,315 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its holdings in shares of M&T Bank by 5.0% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 5,289,727 shares of the financial services provider’s stock valued at $994,522,000 after purchasing an additional 252,583 shares in the last quarter. Geode Capital Management LLC increased its position in M&T Bank by 0.9% during the fourth quarter. Geode Capital Management LLC now owns 4,370,762 shares of the financial services provider’s stock worth $819,768,000 after buying an additional 40,948 shares in the last quarter. Finally, Invesco Ltd. boosted its holdings in M&T Bank by 15.2% in the first quarter. Invesco Ltd. now owns 3,552,666 shares of the financial services provider’s stock valued at $635,039,000 after acquiring an additional 468,758 shares during the last quarter. 84.68% of the stock is currently owned by institutional investors and hedge funds.

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.