About MTB
M&T Bank Corporation operates as a bank holding company for Manufacturers and Traders Trust Company and Wilmington Trust, National Association that engages in the provision of retail and commercial banking products and services in the United States. The company operates through three segments: Commercial Bank, Retail Bank, and Institutional Services and Wealth Management. It offers a range of credit products and banking services, such as commercial lending and leasing, letters of credits, commercial real estate loans, and credit facilities secu... [Read more]
Industry Banks - Regional
Sector Financials
Founded 1856
Employees 22,223
Stock Exchange NYSE
Ticker Symbol MTB
Full Company Profile
Financial Performance
In 2023, M&T Bank's revenue was $9.00 billion, an increase of 17.44% compared to the previous year's $7.66 billion. Earnings were $2.64 billion, an increase of 39.40%.
Financial Statements
Analyst Forecast
According to 16 analysts, the average rating for MTB stock is "Buy." The 12-month stock price forecast is $151.28, which is an increase of 6.81% from the latest price.
Price Target
$151.28
(6.81% upside)
Analyst Consensus: Buy
Stock Forecasts
News
In Annual Letter, M&T Bank Chairman and CEO René Jones Reflects on the Importance of Public Trust for Institutions, Industries, and Communities
BUFFALO, N.Y. , March 5, 2024 /PRNewswire/ -- M&T Bank (NYSE:MTB) Chairman and CEO René Jones has released his annual letter to shareholders, continuing a longstanding tradition of providing honest an...
1 day ago - PRNewsWire
Fears about office-space loans are ‘overblown,' Citi says
While commercial-real-estate loan delinquencies will increase, the $39 billion that banks have already set aside to cover losses should be enough to mitigate any impact to the system, Citi analysts sa...
Other symbols: BPOPCFGCMAFHNKEYNYCB
12 days ago - Market Watch
M&T Bank Corporation Announces First Quarter Common Stock Dividend
BUFFALO, N.Y. , Feb. 21, 2024 /PRNewswire/ -- M&T Bank Corporation ("M&T") (NYSE:MTB) announced that it has declared a quarterly cash dividend of $1.30 per share on its common stock.
14 days ago - PRNewsWire
M&T Bank Corporation to Participate in the RBC Financial Institutions Conference
BUFFALO, N.Y. , Feb. 16, 2024 /PRNewswire/ -- M&T Bank Corporation ("M&T") (NYSE:MTB) will participate in the RBC Financial Institutions Conference being held in New York City.
19 days ago - PRNewsWire
M&T CHARITABLE FOUNDATION ANNOUNCES $8.2 MILLION IN GRANTS TO 68 NONPROFITS ACROSS NEW ENGLAND, LONG ISLAND, AND ROCKLAND COUNTY, NY
Funding is Part of M&T's $25 Million Amplify Fund Commitment to Address Racial Equity and Social Justice Issues BUFFALO, N.Y. , Feb. 13, 2024 /PRNewswire/ -- The M&T Charitable Foundation, the philant...
22 days ago - PRNewsWire
M&T Realty Capital Corporation Announces Record Year of Senior Housing Lending Activity in 2023
Ranks #1 Fannie Mae DUS Producer for Seniors Housing and the #2 Freddie Mac Seniors Housing Lender for 2023 BALTIMORE , Feb. 12, 2024 /PRNewswire/ --M&T Realty Capital Corporation (M&T RCC), a wholl...
23 days ago - PRNewsWire
New York Community Bank Was an ‘Outlier.' Bank Stocks to Buy on the Dip.
Citigroup analyst Keith Horowitz upgraded Citizens Financial Group to Buy from Hold, and reiterated a Buy rating on M&T Bank.
Other symbols: CFG
4 weeks ago - Barrons
Regional Bank Stocks Stabilize After Two-Day Selloff. NY Community Bancorp Is Up.
Regional bank stocks looked to stabilize early Friday following a two-day selloff after New York Community Bancorp's surprise loss and drastic reserve increase.
Other symbols: NYCBKREWALZION
4 weeks ago - Barrons
Regional Bank Stock Sell-Off Sparked By Commercial Real Estate Loan Fears
Regional U.S. banking stocks slipped sharply on Thursday as a surprise quarterly loss posted by New York Community Bancorp (NYCB) sparked fears that commercial real estate loans (CRE) pose broader ris...
Other symbols: EWBCNYCBVLYWALZION
4 weeks ago - Investopedia
M&T Realty Capital Corporation Appoints New CEO and Announces Other Organizational Changes
National Production Managers and Life Company Platform Manager are Among Other Key Appointments Driving the Next Phase of Business Growth BALTIMORE , Jan. 23, 2024 /PRNewswire/ -- M&T Realty Capital C...
6 weeks ago - PRNewsWire
Not all regional banks are created equal, says Jim Cramer
'Mad Money' host Jim Cramer talks the state of regional banks and investing opportunities in the sector.
Other symbols: CFGCMAFHNHBANKREPNCTCBI
6 weeks ago - CNBC Television
M&T Bank's profit plunges on FDIC fee-related expense, costly deposits
M&T Bank's fourth-quarter profit plummeted 37% on Thursday, due to higher deposit costs and a special assessment fee the lender has to pay to refill a government deposit insurance fund
7 weeks ago - Reuters
M&T Bank Corporation Announces Series H Preferred Stock Quarterly Dividend
BUFFALO, N.Y. , Jan. 17, 2024 /PRNewswire/ -- M&T Bank Corporation ("M&T") (NYSE:MTB) announced that it has declared a quarterly cash dividend of $0.3515625 per share on its Perpetual Fixed-to-Floatin...
7 weeks ago - PRNewsWire
M&T Bank Corporation Announces Fourth Quarter & Full-Year 2023 Earnings Release and Conference Call
BUFFALO, N.Y. , Dec. 21, 2023 /PRNewswire/ -- M&T Bank Corporation ("M&T") (NYSE:MTB) plans to announce its fourth quarter and full-year 2023 earnings results in a press release that will be issued be...
2 months ago - PRNewsWire
M&T Bank Corporation to Participate in the Goldman Sachs US Financial Services Conference
BUFFALO, N.Y. , Nov. 21, 2023 /PRNewswire/ -- M&T Bank Corporation ("M&T") (NYSE:MTB) will participate in the Goldman Sachs US Financial Services Conference being held in New York City.
3 months ago - PRNewsWire
M&T Bank Gives $100,000 to Five Charities in Maine to Support Lewiston Recovery Efforts
PORTLAND, Maine , Nov. 15, 2023 /PRNewswire/ -- The M&T Charitable Foundation, the philanthropic arm of M&T Bank (NYSE: MTB), announced today that it has committed $100,000 to five separate charities ...
4 months ago - PRNewsWire
M&T Bank Corporation Announces Fourth Quarter Common Stock Dividend
BUFFALO, N.Y. , Nov. 14, 2023 /PRNewswire/ -- M&T Bank Corporation ("M&T") (NYSE:MTB) announced that it has declared a quarterly cash dividend of $1.30 per share on its common stock.
4 months ago - PRNewsWire
Banking and trucking: Is the economy rolling toward troubles?
The SPDR S&P Regional Banking ETF NYSEARCA: KRE closed 1.08% lower on November 6, after a privately held regional bank was closed by the Iowa Division of Banking.
Other symbols: BACFHNGSJPMKBWBNYCBTFC
4 months ago - MarketBeat
M&T Bank Corporation to Participate in the BancAnalysts Association of Boston Conference
BUFFALO, N.Y. , Oct. 25, 2023 /PRNewswire/ --M&T Bank Corporation ("M&T") (NYSE:MTB) will participate in the BancAnalysts Association of Boston Conference being held in Boston, MA.
4 months ago - PRNewsWire
M&T Bank Corporation (NYSE:MTB) announces third quarter 2023 results
BUFFALO, N.Y. , Oct. 18, 2023 /PRNewswire/ -- M&T Bank Corporation ("M&T" or "the Company") reports net income of $690 million or $3.98 of diluted earnings per common share.
5 months ago - PRNewsWire
Challenges Loom for Regional Banks as Interest Rates Surge
First up are JPMorgan Chase & Co. NYSE: JPM, Wells Fargo Co. NYSE: WFC and Citigroup Inc. NYSE: C. Those reports will likely offer hints as to whether the bigger financial institutions are seeing con...
Other symbols: CFGCMARFZIONKRE
5 months ago - MarketBeat
M&T Ranks No. 6 Among SBA Lenders Following Record-Breaking Year
Bank continues to lead small-business lending in Buffalo/Rochester, Baltimore, Delaware, Syracuse and Washington, D.C.; jumps to top spot in Connecticut during fiscal year 2023 BUFFALO, N.Y.
5 months ago - PRNewsWire
M&T Bank Commits $250,000 to Harrisburg University's Center for Innovation and Entrepreneurship
The bank's five-year commitment will support CIE's training of entrepreneurs in Central Pa. HARRISBURG, Pa.
5 months ago - PRNewsWire
M&T BANK APPOINTS DAVID W. HOLLIS AS CHIEF HUMAN RESOURCES OFFICER
BUFFALO, N.Y. , Oct. 10, 2023 /PRNewswire/ -- M&T Bank (NYSE:MTB) announced its appointment of David W.
5 months ago - PRNewsWire
M&T Bank Provides $1.22 Million to Community Revitalization Programs in Pennsylvania
Funding dedicated to42initiatives approved for state's Neighborhood Assistance Program HARRISBURG, Pa. , Sept. 27, 2023 /PRNewswire/ -- M&T Bank (NYSE: MTB) has provided $1.22 million this year to 4...
5 months ago - PRNewsWire
