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M&T Bank (MTB) Stock

Profile

Country:

United States

IPO:

17 March 1980

Indexes:

Description:

M&T Bank Corporation is a financial holding company that provides financial services. The company was founded in 1856, with its headquarters in Buffalo, New York. The business banking segment offers deposits, business loans, and leasing services. The commercial banking segment provides credit and banking services for medium and large commercial clients. The wealth management segment offers deposits, securities, residential real estate loans, and other assets. The residential mortgage segment offers home loans for consumers and sells these loans on the secondary market. The retail banking segment offers checking accounts, savings accounts, and time deposits, among other services.

Key Details

Price

$191.54

TTM Dividend Yield

2.79%(-27.72% YoY)

PE Ratio

14.18(+66.04% YoY)

Beta

0.81

Events Calendar

Earnings

Next earnings date:

Jan 16, 2025

Recent quarterly earnings:

Oct 17, 2024

Recent annual earnings:

Jan 18, 2024
Dividend

Next ex-dividend date:

N/A

Recent ex-dividend date:

Dec 02, 2024
Splits

Next split:

N/A

Recent split:

Oct 06, 2000

Analyst ratings

Recent major analysts updates

10 Dec '24 Compass Point
Neutral
04 Dec '24 Keefe, Bruyette & Woods
Market Perform
04 Dec '24 JP Morgan
Neutral
27 Nov '24 Piper Sandler
Overweight
26 Nov '24 Goldman Sachs
Neutral
25 Nov '24 Citigroup
Neutral
15 Nov '24 Wells Fargo
Underweight
30 Oct '24 Evercore ISI Group
Outperform
21 Oct '24 DA Davidson
Neutral
18 Oct '24 Wells Fargo
Underweight

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Institutional Ownership

Will M&T Bank (MTB) Beat Estimates Again in Its Next Earnings Report?
Will M&T Bank (MTB) Beat Estimates Again in Its Next Earnings Report?
Will M&T Bank (MTB) Beat Estimates Again in Its Next Earnings Report?
MTB
zacks.com03 January 2025

M&T Bank (MTB) has a strong track record of surprising with its earnings and currently has the right mix of factors that suggest it may exceed expectations in its upcoming quarterly report.

M&T Bank Decreases Prime Rate
M&T Bank Decreases Prime Rate
M&T Bank Decreases Prime Rate
MTB
prnewswire.com18 December 2024

BUFFALO, N.Y., Dec. 18, 2024 /PRNewswire/ -- Starting on Thursday, December 19, 2024, M&T Bank Corporation ("M&T") (NYSE:MTB) will lower its prime lending rate from 7.75% to 7.50%.

M&T Bank Corporation Announces Conference Call Dates to Review Quarterly 2026 Earnings and Revised Dates to Review 2025 Earnings
M&T Bank Corporation Announces Conference Call Dates to Review Quarterly 2026 Earnings and Revised Dates to Review 2025 Earnings
M&T Bank Corporation Announces Conference Call Dates to Review Quarterly 2026 Earnings and Revised Dates to Review 2025 Earnings
MTB
prnewswire.com21 November 2024

BUFFALO, N.Y., Nov. 21, 2024 /PRNewswire/ -- M&T Bank Corporation ("M&T") (NYSE:MTB) has announced that it will hold conference calls to discuss its quarterly financial results for 2026 on specific dates. The call for the first quarter of 2026 is scheduled for Wednesday, April 15, 2026, at 8:00 a.m.

M&T Bank Corporation Announces Fourth Quarter Common Stock Dividend
M&T Bank Corporation Announces Fourth Quarter Common Stock Dividend
M&T Bank Corporation Announces Fourth Quarter Common Stock Dividend
MTB
prnewswire.com19 November 2024

BUFFALO, N.Y., Nov. 19, 2024 /PRNewswire/ -- M&T Bank Corporation ("M&T") (NYSE:MTB) has announced that it will pay a quarterly cash dividend of $1.35 for each share of its common stock.

M&T Bank Corporation to Participate in the Goldman Sachs Financial Services Conference
M&T Bank Corporation to Participate in the Goldman Sachs Financial Services Conference
M&T Bank Corporation to Participate in the Goldman Sachs Financial Services Conference
MTB
prnewswire.com18 November 2024

BUFFALO, N.Y., Nov. 18, 2024 /PRNewswire/ -- M&T Bank Corporation ("M&T") (NYSE:MTB) will take part in the Goldman Sachs Financial Services Conference taking place in New York City.

M&T Bank Corporation to Participate in the BancAnalysts Association of Boston Conference
M&T Bank Corporation to Participate in the BancAnalysts Association of Boston Conference
M&T Bank Corporation to Participate in the BancAnalysts Association of Boston Conference
MTB
prnewswire.com25 October 2024

BUFFALO, N.Y., Oct. 25, 2024 /PRNewswire/ -- M&T Bank Corporation ("M&T") (NYSE: MTB) will take part in the BancAnalysts Association of Boston Conference taking place in Boston, MA.

What Makes M&T Bank Corporation (MTB) a Strong Momentum Stock: Buy Now?
What Makes M&T Bank Corporation (MTB) a Strong Momentum Stock: Buy Now?
What Makes M&T Bank Corporation (MTB) a Strong Momentum Stock: Buy Now?
MTB
zacks.com22 October 2024

Is M&T Bank Corporation (MTB) a strong choice for momentum investors? Let's take a closer look.

M&T Bank: Powering Higher On Strong Results
M&T Bank: Powering Higher On Strong Results
M&T Bank: Powering Higher On Strong Results
MTB
seekingalpha.com17 October 2024

M&T Bank Corporation has announced solid earnings for the third quarter, with earnings per share exceeding predictions thanks to reduced credit loss provisions and controlled expenses. Although there was only a small increase in loans and a slight decrease in deposits, the net interest margin rose to 3.62%, suggesting stable margins ahead with planned rate cuts. Additionally, asset quality has strengthened, as loan charge-offs have decreased and nonaccrual loans are down 18% compared to last year, showing improved borrower performance.

Life Time Announces Prize Purses For The 2025 Editions Of UNBOUND Gravel 200, Leadville Trail 100 MTB and Big Sugar Gravel
Life Time Announces Prize Purses For The 2025 Editions Of UNBOUND Gravel 200, Leadville Trail 100 MTB and Big Sugar Gravel
Life Time Announces Prize Purses For The 2025 Editions Of UNBOUND Gravel 200, Leadville Trail 100 MTB and Big Sugar Gravel
MTB
prnewswire.com17 October 2024

The prize money and scoring system for the 2025 Grand Prix have been revealed, featuring a new format that counts the best five out of six races. Life Time, a leading healthy lifestyle brand and event organizer, announced this along with the race lineup last week. The new prize purse is the largest ever and includes additional awards for individual races.

M&T Bank Q3 Earnings Surpass Estimates on Y/Y Rise in Fee Income
M&T Bank Q3 Earnings Surpass Estimates on Y/Y Rise in Fee Income
M&T Bank Q3 Earnings Surpass Estimates on Y/Y Rise in Fee Income
MTB
zacks.com17 October 2024

MTB's results for the third quarter of 2024 show improvement due to higher non-interest income and loans. However, a drop in net interest income is a negative factor.

FAQ

  • What is the primary business of M&T Bank?
  • What is the ticker symbol for M&T Bank?
  • Does M&T Bank pay dividends?
  • What sector is M&T Bank in?
  • What industry is M&T Bank in?
  • What country is M&T Bank based in?
  • When did M&T Bank go public?
  • Is M&T Bank in the S&P 500?
  • Is M&T Bank in the NASDAQ 100?
  • Is M&T Bank in the Dow Jones?
  • When was M&T Bank's last earnings report?
  • When does M&T Bank report earnings?
  • Should I buy M&T Bank stock now?

What is the primary business of M&T Bank?

M&T Bank Corporation is a financial holding company that provides financial services. The company was founded in 1856, with its headquarters in Buffalo, New York. The business banking segment offers deposits, business loans, and leasing services. The commercial banking segment provides credit and banking services for medium and large commercial clients. The wealth management segment offers deposits, securities, residential real estate loans, and other assets. The residential mortgage segment offers home loans for consumers and sells these loans on the secondary market. The retail banking segment offers checking accounts, savings accounts, and time deposits, among other services.

What is the ticker symbol for M&T Bank?

The ticker symbol for M&T Bank is NYSE:MTB

Does M&T Bank pay dividends?

Yes, M&T Bank pays dividends. The last payment was $1.35, with an ex-dividend date on 02 December 2024

What sector is M&T Bank in?

M&T Bank is in the Financial Services sector

What industry is M&T Bank in?

M&T Bank is in the Banks - Regional industry

What country is M&T Bank based in?

M&T Bank is headquartered in United States

When did M&T Bank go public?

M&T Bank's initial public offering (IPO) was on 17 March 1980

Is M&T Bank in the S&P 500?

Yes, M&T Bank is included in the S&P 500 index

Is M&T Bank in the NASDAQ 100?

No, M&T Bank is not included in the NASDAQ 100 index

Is M&T Bank in the Dow Jones?

No, M&T Bank is not included in the Dow Jones index

When was M&T Bank's last earnings report?

M&T Bank's most recent earnings report was on 17 October 2024

When does M&T Bank report earnings?

The next expected earnings date for M&T Bank is 16 January 2025

Should I buy M&T Bank stock now?

As of today, analysts generally recommend a 'Buy' rating. However, it's important to do your own research and consider your financial situation before making any investment decisions