M&T Bank Future Growth

Future criteria checks 1/6

M&T Bank is forecast to grow earnings and revenue by 6.4% and 4.9% per annum respectively. EPS is expected to grow by 9% per annum. Return on equity is forecast to be 9.4% in 3 years.

Key information

6.4%

Earnings growth rate

9.0%

EPS growth rate

Banks earnings growth	10.2%
Revenue growth rate	4.9%
Future return on equity	9.4%
Analyst coverage	Good
Last updated	18 Oct 2024

Recent future growth updates

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

Earnings and Revenue Growth Forecasts

NYSE:MTB - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	9,956	2,780	N/A	N/A	13
12/31/2025	9,584	2,613	N/A	N/A	15
12/31/2024	9,236	2,434	N/A	N/A	12
9/30/2024	8,499	2,261	N/A	N/A	N/A
6/30/2024	8,473	2,251	3,926	4,182	N/A
3/31/2024	8,773	2,465	3,849	4,085	N/A
12/31/2023	8,998	2,636	3,649	3,905	N/A
9/30/2023	9,341	2,918	3,803	4,059	N/A
6/30/2023	9,283	2,875	3,549	3,776	N/A
3/31/2023	8,512	2,227	3,465	3,706	N/A
12/31/2022	7,662	1,891	4,360	4,574	N/A
9/30/2022	6,770	1,587	4,128	4,317	N/A
6/30/2022	6,200	1,442	3,474	3,666	N/A
3/31/2022	5,990	1,688	2,870	3,016	N/A
12/31/2021	6,067	1,777	2,566	2,715	N/A
9/30/2021	6,005	1,795	2,548	2,682	N/A
6/30/2021	5,762	1,672	2,067	2,190	N/A
3/31/2021	5,411	1,456	2,027	2,178	N/A
12/31/2020	5,155	1,279	617	789	N/A
9/30/2020	5,165	1,301	1,072	1,256	N/A
6/30/2020	5,364	1,409	1,819	2,008	N/A
3/31/2020	5,695	1,638	1,351	1,550	N/A
12/31/2019	5,968	1,850	2,180	2,358	N/A
9/30/2019	5,994	1,901	1,619	1,777	N/A
6/30/2019	5,953	1,945	1,906	2,049	N/A
3/31/2019	5,934	1,965	1,900	2,019	N/A
12/31/2018	5,796	1,836	1,992	2,090	N/A
9/30/2018	5,719	1,613	2,180	2,256	N/A
6/30/2018	5,633	1,444	N/A	1,680	N/A
3/31/2018	5,549	1,332	N/A	1,980	N/A
12/31/2017	5,464	1,328	N/A	2,782	N/A
9/30/2017	5,319	1,333	N/A	2,177	N/A
6/30/2017	5,235	1,324	N/A	2,157	N/A
3/31/2017	5,168	1,276	N/A	2,021	N/A
12/31/2016	5,106	1,223	N/A	1,183	N/A
9/30/2016	5,045	1,164	N/A	1,567	N/A
6/30/2016	4,831	1,094	N/A	1,834	N/A
3/31/2016	4,701	1,045	N/A	1,732	N/A
12/31/2015	4,519	988	N/A	1,742	N/A
9/30/2015	4,401	994	N/A	1,572	N/A
6/30/2015	4,404	988	N/A	1,188	N/A
3/31/2015	4,349	986	N/A	996	N/A
12/31/2014	4,332	979	N/A	1,099	N/A
9/30/2014	4,302	928	N/A	1,203	N/A
6/30/2014	4,313	951	N/A	785	N/A
3/31/2014	4,347	1,019	N/A	795	N/A
12/31/2013	4,353	1,062	N/A	932	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: MTB's forecast earnings growth (6.4% per year) is above the savings rate (2.5%).

Earnings vs Market: MTB's earnings (6.4% per year) are forecast to grow slower than the US market (15.2% per year).

High Growth Earnings: MTB's earnings are forecast to grow, but not significantly.

Revenue vs Market: MTB's revenue (4.9% per year) is forecast to grow slower than the US market (8.8% per year).

High Growth Revenue: MTB's revenue (4.9% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: MTB's Return on Equity is forecast to be low in 3 years time (9.4%).

M&T Bank Future Growth

Future criteria checks 1/6

Key information

Recent future growth updates

Price target increased by 7.6% to US$179

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

Price target decreased by 8.5% to US$154

Recent updates

Third quarter 2024 earnings: EPS exceeds analyst expectations

M&T Bank: Improved Credit Quality Highlights A Strong Q3

M&T Bank Corporation Announces Net Charge-Offs for the Third Quarter Ended September 30, 2024

M&T Bank Corporation to Report Q3, 2024 Results on Oct 17, 2024

Independent Director recently sold US$1.7m worth of stock

Independent Director notifies of intention to sell stock

Second quarter dividend of US$1.35 announced

M&T Bank Corporation Announces Third Quarter Common Stock Dividend, Payable on September 30, 2024

M&T Bank Names Lopa Kolluri as Head of Affordable Housing Lending

Insider recently sold US$1.3m worth of stock

Price target increased by 7.6% to US$179

M&T Bank: Strong Credit Recoveries Power A Better Q2 (Rating Upgrade)

Second quarter 2024 earnings: EPS and revenues exceed analyst expectations

M&T Bank Corporation Reports Net Charge Offs for the Second Quarter Ended June 30, 2024

Hold Steady: Evaluating M&T Bank Corporation Performance

M&T Bank Corporation to Report Q2, 2024 Results on Jul 18, 2024

7.3% Yield And Investment Grade? Yes! M&T Bank

First quarter dividend increased to US$1.35

M&T Bank Corporation Declares Quarterly Cash Dividend, Payable on June 28, 2024

Insider recently sold US$2.3m worth of stock

First quarter 2024 earnings: Revenues and EPS in line with analyst expectations

Independent Director notifies of intention to sell stock

First quarter 2024 earnings: Revenues and EPS in line with analyst expectations

M&T Bank: Buy The Dip

New major risk - Revenue and earnings growth

New major risk - Revenue and earnings growth

M&T Bank Corporation Appoints Sarah Knakmuhs as Chief Communications Officer

M&T Bank Corporation to Report Q1, 2024 Results on Apr 15, 2024

M&T Bank Corporation, Annual General Meeting, Apr 16, 2024

Full year 2023 earnings: EPS misses analyst expectations

Fourth quarter dividend of US$1.30 announced

M&T Bank Corporation Announces First Quarter Common Stock Dividend, Payable on March 29, 2024

M&T Bank: Fully Re-Rated (Rating Downgrade)

Full year 2023 earnings: EPS misses analyst expectations

M&T Bank Hasn't Seen The Price Growth It Deserves

M&T Bank Corporation to Report Q4, 2023 Results on Jan 18, 2024

Here's Why M&T Bank (NYSE:MTB) Has Caught The Eye Of Investors

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