UBS downgraded M&T Bank from Buy to Neutral
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 10/4/2024 | $210.00 | Peer Perform → Outperform | Wolfe Research |
| 10/2/2024 | $187.00 → $210.00 | In-line → Outperform | Evercore ISI |
| 9/3/2024 | $183.00 → $215.00 | Neutral → Overweight | JP Morgan |
| 8/15/2024 | $170.00 → $165.00 | Equal Weight → Underweight | Wells Fargo |
| 12/18/2023 | $145.00 | Buy → Hold | Deutsche Bank |
| 9/29/2023 | $133.65 | Buy → Hold | Odeon |
| 4/18/2023 | $150.00 | Hold → Buy | Argus |
| 4/10/2023 | Buy → Neutral | UBS |
BUFFALO, N.Y., Nov. 21, 2024 /PRNewswire/ -- M&T Bank Corporation ("M&T") (NYSE:MTB) announced today that it plans to host conference calls to review 2026 quarterly financial results on the following dates: First quarter 2026 – Wednesday, April 15, 2026, at 8:00 a.m. (ET)Second quarter 2026 – Wednesday, July 15, 2026, at 8:00 a.m. (ET)Third quarter 2026 – Friday, October 16, 2026, at 8:00 a.m. (ET)Fourth quarter 2026 – Tuesday, January 19, 2027, at 8:00 a.m. (ET)M&T also announced revised dates to host conference calls to review 2025 quarterly results: First quarter 2025 – Monday, April 14, 2025, at 8:00 a.m. (ET) (No Change)Second quarter 2025 – Wednesday, July 16, 2025, at 11:00 a.m. (ET)
BUFFALO, N.Y., Nov. 19, 2024 /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 December 31, 2024, to shareholders of record at the close of business on December 2, 2024. About M&TM&T Bank Corporation 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 co
BUFFALO, N.Y., Oct. 17, 2024 /PRNewswire/ -- M&T Bank Corporation ("M&T" or "the Company") reports quarterly net income of $721 million or $4.02 of diluted earnings per common share. (Dollars in millions, except per share data) 3Q24 2Q24 3Q23 Earnings Highlights Net interest income $ 1,726 $ 1,718 $ 1,775 Taxable-equivalent adjustment 13 13 15 Net interest income - taxable-equivalent 1,739 1,731 1,790 Provision for credit losses 120 150 150 Noninterest income 606 584 560 Noninterest expense 1,303 1,297 1,278 Net income 721 655 690 Net income available to common shareholders - diluted 674 626 664 Diluted earnings per common share 4.02 3.73 3.98 Return on average assets -
4 - M&T BANK CORP (0000036270) (Issuer)
4 - M&T BANK CORP (0000036270) (Issuer)
4 - M&T BANK CORP (0000036270) (Issuer)
Wolfe Research upgraded M&T Bank from Peer Perform to Outperform and set a new price target of $210.00
Evercore ISI upgraded M&T Bank from In-line to Outperform and set a new price target of $210.00 from $187.00 previously
JP Morgan upgraded M&T Bank from Neutral to Overweight and set a new price target of $215.00 from $183.00 previously
13F-HR/A - M&T BANK CORP (0000036270) (Filer)
13F-HR - M&T BANK CORP (0000036270) (Filer)
10-Q - M&T BANK CORP (0000036270) (Filer)
Updates to M&T's Affordable Housing Platform Reinforce Bank's Commitment to its Clients and Communities NEW YORK, Aug. 12, 2024 /PRNewswire/ -- M&T Bank (NYSE:MTB) today announced that it has appointed Lopa Kolluri as Head of Affordable Housing Lending. In this new role, Kolluri is responsible for the development, oversight, and day-to-day management of the Affordable Housing vertical within M&T's Commercial Bank. Kolluri will execute M&T's affordable housing business strategy and establish operational processes and governance structures to ensure the efficient delivery of first-rate customer service to its affordable housing clients. In addition, she will continue to strengthen the M&T's ex
Knakmuhs to lead internal and external communications in newly created role BUFFALO, N.Y., March 21, 2024 /PRNewswire/ -- M&T Bank Corporation (NYSE:MTB) today announced that it has appointed Sarah Knakmuhs as chief communications officer. In this newly created role, Knakmuhs will continue to evolve and mature M&T's communication platforms and capabilities to enhance the bank's profile and strengthen engagement with stakeholders, including employees, shareholders, the media, and the communities M&T serves. Knakmuhs will report to Chris Kay, head of Enterprise Platforms, and is based in Washington, D.C. "Sarah's appointment to Chief Communications Officer represents an important step toward e
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 Corporation (M&T RCC), a wholly-owned subsidiary of M&T Bank specializing in providing competitive financing nationwide for multifamily properties, commercial income properties, healthcare facilities, and other property types, announces a series of organizational changes designed to position the business for continued growth and expansion. Michael Edelman, currently serving as President, will succeed current CEO Michael Berman, who will transition to the role of Executive Advisor. Both executives
SC 13G - M&T BANK CORP (0000036270) (Subject)
SC 13G/A - M&T BANK CORP (0000036270) (Subject)
SC 13G/A - M&T BANK CORP (0000036270) (Subject)
4 - M&T BANK CORP (0000036270) (Issuer)
BUFFALO, N.Y., Nov. 21, 2024 /PRNewswire/ -- M&T Bank Corporation ("M&T") (NYSE:MTB) announced today that it plans to host conference calls to review 2026 quarterly financial results on the following dates: First quarter 2026 – Wednesday, April 15, 2026, at 8:00 a.m. (ET)Second quarter 2026 – Wednesday, July 15, 2026, at 8:00 a.m. (ET)Third quarter 2026 – Friday, October 16, 2026, at 8:00 a.m. (ET)Fourth quarter 2026 – Tuesday, January 19, 2027, at 8:00 a.m. (ET)M&T also announced revised dates to host conference calls to review 2025 quarterly results: First quarter 2025 – Monday, April 14, 2025, at 8:00 a.m. (ET) (No Change)Second quarter 2025 – Wednesday, July 16, 2025, at 11:00 a.m. (ET)
Clara Capital Servicing LLC ("Clara Capital"), a leading provider of innovative financial lending solutions for small- and medium-sized businesses, is excited to announce the successful transition of its treasury banking platform to M&T Bank ("M&T") (NYSE:MTB). M&T is known for its exceptional service, innovative financial products, and commitment to the customers and communities it serves. Recently, Clara Capital secured a $20 million line of credit ("the new line") from Revere Capital. The new line, coupled with this strategic M&T banking relationship marks another significant step in strengthening the Company's financial infrastructure supporting its continued growth. As part of the
BUFFALO, N.Y., Nov. 19, 2024 /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 December 31, 2024, to shareholders of record at the close of business on December 2, 2024. About M&TM&T Bank Corporation 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 co
JP Morgan analyst Steven Alexopoulos maintains M&T Bank (NYSE:MTB) with a Neutral and raises the price target from $180 to $183.
B of A Securities analyst Ebrahim Poonawala maintains M&T Bank (NYSE:MTB) with a Buy and raises the price target from $160 to $188.
Piper Sandler analyst Frank Schiraldi maintains M&T Bank (NYSE:MTB) with a Overweight and raises the price target from $164 to $190.