M&T Bank (NYSE:MTB) - Stock Price, News & Analysis

MTB Stock Overview

MTB fundamental analysis
Snowflake Score
Valuation	4/6
Future Growth	0/6
Past Performance	5/6
Financial Health	5/6
Dividends	5/6

Rewards

Trading at 59.1% below our estimate of its fair value

Earnings grew by 84% over the past year

Pays a reliable dividend of 4.07%

Risk Analysis

Earnings are forecast to decline by an average of 5.3% per year for the next 3 years

M&T Bank Corporation Competitors

Huntington Bancshares

NasdaqGS:HBAN

US$15.8b

Regions Financial

NYSE:RF

US$14.9b

Citizens Financial Group

NYSE:CFG

US$12.4b

East West Bancorp

NasdaqGS:EWBC

US$8.6b

Price History & Performance

Summary of all time highs, changes and price drops for M&T Bank
Historical stock prices
Current Share Price	US$127.73
52 Week High	US$171.27
52 Week Low	US$108.53
Beta	0.83
1 Month Change	14.00%
3 Month Change	2.14%
1 Year Change	-24.87%
3 Year Change	3.84%
5 Year Change	-20.71%
Change since IPO	1,846.36%

M&T Bank Delivering With A More Conservative But Still Profitable Plan

Oct 20

Recent updates

We Ran A Stock Scan For Earnings Growth And M&T Bank (NYSE:MTB) Passed With Ease

Aug 08

Why M&T Bank Is A Strong Buy And A Hidden Value Opportunity

Jul 20

M&T Bank: 4.5% Yield, Solid Deposit Franchise, 18% Discount To BV

Jun 26

M&T Bank Offers Rate And Operating Leverage, But Execution Is Crucial

Jan 24

M&T Bank Q4 2022 Earnings Preview

Jan 18

M&T Bank upped to Outperform at Wedbush, calling it a 'defensive safe haven'

Jan 03

M&T Bank to sell Collective Investment Trust unit to Madison Dearborn

Dec 19

M&T Bank (NYSE:MTB) Will Pay A Dividend Of $1.20

Nov 19

M&T Bank declares $1.20 dividend

Nov 15

M&T Bank Q3 consensus EPS down Y/Y as other regional banks miss

Oct 18

M&T Bank - The Price Is High

Aug 26

M&T Bank declares $1.20 dividend

Aug 17

M&T Bank: Regional Banking's Best Now Near-Term Cap-Gain Prospect

Jul 25

M&T Bank authorizes $3B in share repurchase program, declares preferred dividends

Jul 19

M&T Bank Is Charting A Different Course For The Early Part Of The Tightening Cycle

Feb 04

M&T Bank: Acquisition Remains The Biggest Catalyst

Dec 31

Shareholder Returns

	MTB	US Banks	US Market
7D	2.1%	1.6%	0.09%
1Y	-24.9%	-10.9%	10.4%

Return vs Industry: MTB underperformed the US Banks industry which returned -11% over the past year.

Return vs Market: MTB underperformed the US Market which returned 13.3% over the past year.

Price Volatility

Is MTB's price volatile compared to industry and market?
MTB volatility
MTB Average Weekly Movement	4.6%
Banks Industry Average Movement	4.5%
Market Average Movement	6.0%
10% most volatile stocks in US Market	15.4%
10% least volatile stocks in US Market	2.9%

Stable Share Price: MTB is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: MTB's weekly volatility (5%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1856	22,424	Ren Jones	https://www3.mtb.com

M&T Bank Corporation operates as a bank holding company for Manufacturers and Traders Trust Company and Wilmington Trust, National Association that offer retail and commercial banking products and services in the United States. The company’s Business Banking segment offers deposit, lending, cash management, and other financial services to small businesses and professionals. Its Commercial Banking segment provides deposit products, commercial lending and leasing, letters of credit, and cash management services for middle-market and large commercial customers.

M&T Bank Corporation Fundamentals Summary

How do M&T Bank's earnings and revenue compare to its market cap?
MTB fundamental statistics
Market Cap	US$20.79b
Earnings (TTM)	US$2.92b
Revenue (TTM)	US$9.34b

7.3x

P/E Ratio

0.9x

P/B Ratio

Is MTB overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
MTB income statement (TTM)
Revenue	US$9.34b
Cost of Revenue	US$0
Gross Profit	US$9.34b
Other Expenses	US$6.42b
Earnings	US$2.92b

Last Reported Earnings

Sep 30, 2023

Next Earnings Date

Jan 18, 2024

Earnings per share (EPS)	17.59
Gross Margin	100.00%
Net Profit Margin	31.25%
Debt/Equity Ratio	58.6%

How did MTB perform over the long term?

See historical performance and comparison

Dividends

4.1%

Current Dividend Yield

29%

Payout Ratio

Does MTB pay a reliable dividends?

See MTB dividend history and benchmarks

When do you need to buy MTB by to receive an upcoming dividend?
M&T Bank dividend dates
Ex Dividend Date	Nov 30 2023
Dividend Pay Date	Dec 29 2023
Days until Ex dividend	1 day
Days until Dividend pay date	28 days

Does MTB pay a reliable dividends?

See MTB dividend history and benchmarks

MTB Stock Overview

Rewards

Risk Analysis

M&T Bank Corporation Competitors

NasdaqGS:HBAN

US$15.8b

NYSE:RF

US$14.9b

NYSE:CFG

US$12.4b

NasdaqGS:EWBC

US$8.6b

Price History & Performance

Recent News & Updates

Upcoming dividend of US$1.30 per share at 4.2% yield

M&T Bank Corporation Announces Fourth Quarter Common Stock Dividend, Payable on December 29, 2023

M&T Bank Delivering With A More Conservative But Still Profitable Plan

Third quarter 2023 earnings: EPS exceeds analyst expectations

M&T Bank Corporation Reports Net Charge-Offs Results for the Third Quarter Ended September 30, 2023

M&T Bank Appoints David W. Hollis as Chief Human Resources Officer

Recent updates

Upcoming dividend of US$1.30 per share at 4.2% yield

M&T Bank Corporation Announces Fourth Quarter Common Stock Dividend, Payable on December 29, 2023

M&T Bank Delivering With A More Conservative But Still Profitable Plan

Third quarter 2023 earnings: EPS exceeds analyst expectations

M&T Bank Corporation Reports Net Charge-Offs Results for the Third Quarter Ended September 30, 2023

M&T Bank Appoints David W. Hollis as Chief Human Resources Officer

Navigating M&T Bank: A Hidden Gem Or A Lost Cause?

M&T Bank Corporation to Report Q3, 2023 Results on Oct 18, 2023

M&T Bank Corporation Names Phil Cohen as Regional President for Maine

Deposit Pressures Make M&T Bank A Sell

Upcoming dividend of US$1.30 per share at 4.1% yield

M&T Bank Corporation Announces Third Quarter Common Stock Dividend, Payable on September 29, 2023

We Ran A Stock Scan For Earnings Growth And M&T Bank (NYSE:MTB) Passed With Ease

Mt Bank Appoints Mark Hutton as Delaware Regional President

M&T Bank Corporation Provides Earnings Guidance for the Year 2023

Why M&T Bank Is A Strong Buy And A Hidden Value Opportunity

New major risk - Revenue and earnings growth

Second quarter 2023 earnings: EPS and revenues exceed analyst expectations

MT Bank Announces Management Appointments

M&T Bank: 4.5% Yield, Solid Deposit Franchise, 18% Discount To BV

M&T Bank Corporation to Report Q2, 2023 Results on Jul 19, 2023

M&T Bank Corporation (NYSE:MTB) announces an Equity Buyback for $8,000 million worth of its shares.

Chief Financial Officer recently bought US$1.2m worth of stock

Upcoming dividend of US$1.30 per share at 4.2% yield

Independent Director recently sold US$83k worth of stock

Independent Director notifies of intention to sell stock

M&T Bank Corporation and M&T Bank Announce Executive Changes

M&T Bank Corporation Announces Second Quarter Common Stock Dividend, Payable on June 30, 2023

First quarter 2023 earnings: EPS and revenues exceed analyst expectations

Price target decreased by 8.5% to US$154

Investor sentiment deteriorates as stock falls 16%

Independent Director recently bought US$61k worth of stock

M&T Bank Offers Rate And Operating Leverage, But Execution Is Crucial

Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

M&T Bank Corporation Reports Net-Charge Offs for the Fourth Quarter 2022

M&T Bank Corporation Elects Carlton J. Charles to the Board of Directors

M&T Bank Q4 2022 Earnings Preview

M&T Bank Corporation Announces Calvin G. Butler, Jr. Steps Down from its Board of Directors

M&T Bank upped to Outperform at Wedbush, calling it a 'defensive safe haven'

M&T Bank Corporation to Report Q4, 2022 Results on Jan 19, 2023

M&T Bank to sell Collective Investment Trust unit to Madison Dearborn

M&T Bank Corporation Appoints Chris Kay as Head of Enterprise Platforms

Upcoming dividend of US$1.20 per share

M&T Bank Appoints Sam Bluso as Head of Institutional Real Estate

M&T Bank (NYSE:MTB) Will Pay A Dividend Of $1.20

M&T Bank Corporation Announces Fourth Quarter Common Stock Dividend, Payable on December 30, 2022

M&T Bank declares $1.20 dividend

Arthur J. Gallagher & Co. (NYSE:AJG) completed the acquisition of M&T Insurance Agency, Inc. from M&T Bank Corporation (NYSE:MTB).

Third quarter 2022 earnings: EPS and revenues miss analyst expectations

M&T Bank Corporation Reports Net Charge-Offs for the Quarter Ended September 30, 2022

M&T Bank Q3 consensus EPS down Y/Y as other regional banks miss

Arthur J. Gallagher & Co. (NYSE:AJG) signed a definitive agreement to acquire M&T Insurance Agency, Inc. from M&T Bank Corporation (NYSE:MTB).

Insider recently sold US$377k worth of stock

M&T Bank Corporation to Report Q3, 2022 Results on Oct 19, 2022

M&T Bank - The Price Is High

Upcoming dividend of US$1.20 per share

M&T Bank Corporation Announces Third Quarter Common Stock Dividend, Payable on September 30, 2022

M&T Bank declares $1.20 dividend

Insider recently sold US$573k worth of stock