In Annual Letter, M&T Bank Chairman and CEO René Jones Reflects on the Enduring Fundamentals that Sustain Long-Term Performance

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Major Banks
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Recent Analyst Ratings for
$MTB

DatePrice TargetRatingAnalyst
12/4/2024$215.00 → $223.50Overweight → Neutral
Analyst
11/25/2024$220.00 → $230.00Buy → Neutral
Citigroup
10/4/2024$210.00Peer Perform → Outperform
Wolfe Research
10/2/2024$187.00 → $210.00In-line → Outperform
Evercore ISI
9/3/2024$183.00 → $215.00Neutral → Overweight
JP Morgan
8/15/2024$170.00 → $165.00Equal Weight → Underweight
Wells Fargo
12/18/2023$145.00Buy → Hold
Deutsche Bank
9/29/2023$133.65Buy → Hold
Odeon
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  • M&T Bank Corporation Announces First Quarter 2025 Earnings Release and Conference Call

    BUFFALO, N.Y., March 13, 2025 /PRNewswire/ -- M&T Bank Corporation ("M&T") (NYSE:MTB) plans to announce its first quarter 2025 earnings results in a press release that will be issued before the market opens on Monday, April 14, 2025. Following the release, M&T will conduct a conference call and webcast at 8:00 a.m. (ET) to discuss the earnings results. The conference call and webcast may contain forward-looking statements and other material information. Domestic callers wishing to participate in the call may dial toll free (800) 347-7315.  International participants, using any applicable international calling codes, may dial (785) 424-1755. Callers should reference M&T Bank Corporation or th

    $MTB
    Major Banks
    Finance
  • M&T Bank Appoints Carmen Magistro as Northern Pennsylvania Regional President

    Magistro brings 22 years of experience, more than 16 with M&T BUFFALO, N.Y., March 4, 2025 /PRNewswire/ -- M&T Bank (NYSE:MTB) has appointed Carmen Magistro as Northern Pennsylvania Regional President. Previously serving as M&T's Commercial Senior Group Manager for Northern Pennsylvania Commercial & Industrial, Magistro has assumed additional responsibilities to help strengthen M&T's presence in the community and enhance service to customers throughout the region. In this expanded role, Magistro will partner closely with the Community Bank leadership team for Northern Pennsylv

    $MTB
    Major Banks
    Finance
  • In Annual Letter, M&T Bank Chairman and CEO René Jones Reflects on the Enduring Fundamentals that Sustain Long-Term Performance

    BUFFALO, N.Y., March 3, 2025 /PRNewswire/ -- M&T Bank (NYSE:MTB) Chairman and CEO René Jones has released his annual letter to shareholders, continuing a longstanding tradition of reflecting on the bank's performance and sharing insights about the state of the company, the economic conditions impacting its communities, and the broader banking industry. This year's letter: Highlights M&T's strong financial results in 2024, as it continues to outperform peer banks.Comments on M&T's commitment to the fundamentals that sustain it: managing liquidity, prudently allocating capital,

    $MTB
    Major Banks
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  • M&T Bank Appoints Carmen Magistro as Northern Pennsylvania Regional President

    Magistro brings 22 years of experience, more than 16 with M&T BUFFALO, N.Y., March 4, 2025 /PRNewswire/ -- M&T Bank (NYSE:MTB) has appointed Carmen Magistro as Northern Pennsylvania Regional President. Previously serving as M&T's Commercial Senior Group Manager for Northern Pennsylvania Commercial & Industrial, Magistro has assumed additional responsibilities to help strengthen M&T's presence in the community and enhance service to customers throughout the region. In this expanded role, Magistro will partner closely with the Community Bank leadership team for Northern Pennsylv

    $MTB
    Major Banks
    Finance
  • In Annual Letter, M&T Bank Chairman and CEO René Jones Reflects on the Enduring Fundamentals that Sustain Long-Term Performance

    BUFFALO, N.Y., March 3, 2025 /PRNewswire/ -- M&T Bank (NYSE:MTB) Chairman and CEO René Jones has released his annual letter to shareholders, continuing a longstanding tradition of reflecting on the bank's performance and sharing insights about the state of the company, the economic conditions impacting its communities, and the broader banking industry. This year's letter: Highlights M&T's strong financial results in 2024, as it continues to outperform peer banks.Comments on M&T's commitment to the fundamentals that sustain it: managing liquidity, prudently allocating capital,

    $MTB
    Major Banks
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  • M&T Bank Appoints Neeraj Singh as New Chief Risk Officer

    Mike Todaro, M&T's Current Chief Risk Officer, to Retire in Q1 2025 BUFFALO, N.Y., Jan. 27, 2025 /PRNewswire/ -- M&T Bank (NYSE:MTB) is pleased to announce the appointment of Neeraj Singh as the bank's next Chief Risk Officer (CRO) effective January 31, 2025. Singh will succeed M&T's current CRO, Mike Todaro, whose long-planned retirement was recently announced. Singh joins M&T Bank from USAA, where he served as the Chief Risk Officer and a member of the executive council responsible for overseeing all financial and non-financial risks and compliance. Singh brings over 20 year

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    Major Banks
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  • M&T Bank Corporation Announces First Quarter 2025 Earnings Release and Conference Call

    BUFFALO, N.Y., March 13, 2025 /PRNewswire/ -- M&T Bank Corporation ("M&T") (NYSE:MTB) plans to announce its first quarter 2025 earnings results in a press release that will be issued before the market opens on Monday, April 14, 2025. Following the release, M&T will conduct a conference call and webcast at 8:00 a.m. (ET) to discuss the earnings results. The conference call and webcast may contain forward-looking statements and other material information. Domestic callers wishing to participate in the call may dial toll free (800) 347-7315.  International participants, using any applicable international calling codes, may dial (785) 424-1755. Callers should reference M&T Bank Corporation or th

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  • M&T Bank Corporation Announces First Quarter Common Stock Dividend

    BUFFALO, N.Y., Feb. 19, 2025 /PRNewswire/ -- M&T Bank Corporation ("M&T") (NYSE:MTB) announced that it has declared a quarterly cash dividend of $1.35 per share on its common stock. The dividend will be payable March 31, 2025, to shareholders of record at the close of business on March 3, 2025. About M&T M&T is a financial holding company headquartered in Buffalo, New York. M&T's principal banking subsidiary, M&T Bank, provides banking products and services with a branch and ATM network spanning the eastern U.S. from Maine to Virginia and Washington, D.C. Trust-related services are provided in select markets in the U.S. and abroad by M&T's Wilmington Trust-affiliated companies and by M&T Ban

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  • M&T Bank Corporation (NYSE:MTB) announces fourth quarter 2024 results

    BUFFALO, N.Y., Jan. 16, 2024 /PRNewswire/ -- M&T Bank Corporation ("M&T" or "the Company") reports quarterly net income of $681 million or $3.86 of diluted earnings per common share and full-year net income of $2.59 billion or $14.64 of diluted earnings per common share. (Dollars in millions, except per share data) 4Q24 3Q24 4Q23 2024 2023 Earnings Highlights Net interest income $        1,728 $        1,726 $        1,722 $        6,852 $        7,115 Taxable-equivalent adjustment 12 13 13 50 54 Net interest income - taxable-equivalent 1,740 1,739 1,735 6,902 7,169 Provision for credit losses 140 120 225 610 645 Noninterest income 657 606 578 2,427 2,528 Noninterest expense 1,363 1,303 1,45

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