What is the target price for M&T Bank stock?
Their forecasts range from $128.68 to $212.00. On average, they expect M&T Bank's stock price to reach $175.97 in the next twelve months. This suggests a possible upside of 6.9% from the stock's current price. View analysts' price targets for M&T Bank or view top-rated stocks among Wall Street analysts. Who are M&T Bank's key executives?
What is the upside for M&T Bank (MTB) stock?
Their forecasts range from $128.68 to $212.00. On average, they expect M&T Bank's stock price to reach $175.97 in the next twelve months. This suggests a possible upside of 6.9% from the stock's current price. View analysts' price targets for M&T Bank or view top-rated stocks among Wall Street analysts.
Who holds M&T Bank's stock?
Only 0.64% of the stock of M&T Bank is held by insiders. 85.30% of the stock of M&T Bank is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Earnings for M&T Bank are expected to decrease by -11.83% in the coming year, from $13.86 to $12.22 per share.
Who bought MTB stock last quarter?
MTB stock was acquired by a variety of institutional investors in the last quarter, including MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH, LGT Capital Partners LTD., Russell Investments Group Ltd., M&G Investment Management Ltd., Huntington National Bank, Boston Trust Walden Corp, Gulf International Bank UK Ltd, and Absher Wealth Management LLC.
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Is M&T bank stock a good buy?
M&T Bank Corporation's trailing 12-month revenue is $3.9 billion with a 46.2% profit margin. Year-over-year quarterly sales growth most recently was -8.7%. Analysts expect adjusted earnings to reach $13.454 per share for the current fiscal year. M&T Bank Corporation currently has a 2.9% dividend yield.
Who owns M&T?
1967 – moved to new headquarters at One M&T Plaza. 1969 – M&T Bank became the major subsidiary of First Empire State Corporation, a bank holding company. 1980s – acquired by Robert Wilmers and other shareholders. Current shareholders include Warren Buffet.
Who did M&T bank buy?
People's United Financial, Inc.BUFFALO, N.Y. , April 2, 2022 /PRNewswire/ -- M&T Bank Corporation (NYSE: MTB) ("M&T") announced today the successful completion of M&T's acquisition of People's United Financial, Inc. (NASDAQ: PBCT) ("People's United") valued at $8.3 billion .
Is M & T bank publicly traded?
A. M&T is currently listed and traded on the New York Stock Exchange.
Is M&T bank a good bank?
The company offers a wide range of checking and savings accounts as well as loans, retirement accounts, credit cards, debit cards and investment products and services. GOBankingRates ranked M&T Bank as one of the Best Regional Banks and Top 100 Banks of 2022.
Did M&T bank get bought out?
Read news about the merger. On April 2, 2022, People's United Bank, N.A. merged into M&T Bank. It is now part of M&T Bank and its former branches and most services will operate as the People's United division of M&T Bank until we complete the integration of our systems later in 2022.
Is M&T a big bank?
M&T Bank Corporation (Manufacturers and Traders Trust Company) is an American bank holding company headquartered in Buffalo, New York....M&T Bank.M&T Bank headquarters in BuffaloRevenueUS$6.12 billion (2021)Net incomeUS$1.776 billion (2021)Total assetsUS$155.12 billion (2021)Total equityUS$17.903 billion (2021)12 more rows
Is M&T bank part of bank of America?
M&T Bank has 690 branches serving the Upper East Coast and Florida....M&T Bank vs Bank of America.M&T BankBank of AmericaM&T BankBank of AmericaIRA CDLocations690 bank branches located throughout New York, New Jersey, Pennsylvania, Maryland, Washington, D.C., Virginia, West Virginia and FloridaApproximately 4,300 retail financial centers34 more rows
What does M&T stand for?
Manufacturers and Traders Trust CompanyM&T Bank traces its origins to the founding of Manufacturers and Traders Bank in Buffalo, New York. As a result of mergers, acquisitions and name changes, M&T Bank Corporation's principal bank is now known as Manufacturers and Traders Trust Company, or M&T Bank.
Is M&T bank FDIC insured?
M&T Bank is a member of the Federal Reserve System and the Federal Home Loan Bank System, and its deposits are insured by the FDIC up to applicable limits.
Is Citizens bank a black owned bank?
Founded in 1921 by five black businessmen, today Citizens Trust Bank is a federally certified CDFI and the third largest African American owned financial institution in the nation with assets of more than $350 million.
What does PNC stand for?
Pittsburgh National Corporation and Provident National CorporationPNC is the product of a merger of two distinguished Pennsylvania banks in 1983: Pittsburgh National Corporation and Provident National Corporation based in Philadelphia. Each of these institutions had served diverse markets so that merger creating PNC also became the largest bank in Pennsylvania.
Is M&T Bank stock a Buy, Sell or Hold?
M&T Bank stock has received a consensus rating of hold. The average rating score is and is based on 10 buy ratings, 20 hold ratings, and 1 sell rat...
What was the 52-week low for M&T Bank stock?
The low in the last 52 weeks of M&T Bank stock was 128.50. According to the current price, M&T Bank is 129.06% away from the 52-week low.
What was the 52-week high for M&T Bank stock?
The high in the last 52 weeks of M&T Bank stock was 186.93. According to the current price, M&T Bank is 88.72% away from the 52-week high.
What are analysts forecasts for M&T Bank stock?
The 31 analysts offering price forecasts for M&T Bank have a median target of 175.52, with a high estimate of 238.00 and a low estimate of 135.00....
Should I buy or sell M&T Bank stock right now?
13 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for M&T Bank in the last year. There are currently 6 hold ratings an...
What is M&T Bank's stock price forecast for 2022?
13 brokerages have issued twelve-month target prices for M&T Bank's shares. Their forecasts range from $128.68 to $238.00. On average, they expect...
How has M&T Bank's stock performed in 2022?
M&T Bank's stock was trading at $153.58 on January 1st, 2022. Since then, MTB shares have increased by 8.0% and is now trading at $165.84. View th...
Are investors shorting M&T Bank?
M&T Bank saw a increase in short interest in May. As of May 31st, there was short interest totaling 4,000,000 shares, an increase of 52.7% from the...
When is M&T Bank's next earnings date?
M&T Bank is scheduled to release its next quarterly earnings announcement on Wednesday, July 20th 2022. View our earnings forecast for M&T Bank .
How were M&T Bank's earnings last quarter?
M&T Bank Co. (NYSE:MTB) issued its quarterly earnings data on Wednesday, April, 20th. The financial services provider reported $2.62 earnings per s...
How often does M&T Bank pay dividends? What is the dividend yield for M&T Bank?
M&T Bank announced a quarterly dividend on Tuesday, May 17th. Shareholders of record on Wednesday, June 1st will be given a dividend of $1.20 per s...
Is M&T Bank a good dividend stock?
M&T Bank(NYSE:MTB) pays an annual dividend of $4.80 per share and currently has a dividend yield of 2.89%. M&T Bank does not yet have a strong trac...
How will M&T Bank's stock buyback program work?
M&T Bank announced that its board has approved a stock repurchase program on Tuesday, February 22nd 2022, which allows the company to buyback $800,...
When will M&T Bank repurchase stock?
How much does M&T make?
M&T Bank declared that its Board of Directors has approved a stock repurchase program on Wednesday, January 20th 2021, which allows the company to repurchase $800,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to reacquire up to 4.3% of its shares through open market purchases.
New York Stock Exchange
M&T Bank has a market capitalization of $16.64 billion and generates $6.28 billion in revenue each year. The financial services provider earns $1.35 billion in net income (profit) each year or $10.02 on an earnings per share basis.
Environmental, Social, and Governance Rating
A Bank holding Company which provide individuals, corporations and other businesses, and institutions with commercial & retail banking services, including loans and deposits, trust, mortgage banking, asset management, insurance & other financial services.
Business Summary
"B" score indicates good relative ESG performance and an above-average degree of transparency in reporting material ESG data publicly and privately. Scores range from AAA to D.
