Bank of America Reaffirms “Neutral” Rating for M&T Bank (NYSE:MTB)

M&T Bank (NYSE:MTB)‘s stock had its “neutral” rating restated by research analysts at Bank of America in a research report issued on Wednesday, MarketBeat reports. They presently have a $225.00 price target on the financial services provider’s stock. Bank of America‘s price target points to a potential upside of 5.34% from the company’s previous close.

Other research analysts have also issued reports about the company. Robert W. Baird increased their price objective on M&T Bank from $225.00 to $230.00 and gave the company an “outperform” rating in a research report on Thursday, December 18th. Wolfe Research downgraded M&T Bank from an “outperform” rating to a “peer perform” rating in a research report on Wednesday. Truist Financial cut M&T Bank from a “buy” rating to a “hold” rating and set a $217.00 price target on the stock. in a report on Friday, December 12th. Jefferies Financial Group lifted their price objective on M&T Bank from $235.00 to $250.00 and gave the stock a “buy” rating in a research report on Friday, December 19th. Finally, Weiss Ratings reissued a “buy (b-)” rating on shares of M&T Bank in a report on Monday, December 29th. One research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, eleven have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $221.18.

M&T Bank Stock Up 1.9%

Shares of NYSE:MTB opened at $213.59 on Wednesday. The company has a quick ratio of 0.97, a current ratio of 0.97 and a debt-to-equity ratio of 0.49. The firm has a market cap of $32.83 billion, a P/E ratio of 13.15, a P/E/G ratio of 0.89 and a beta of 0.59. M&T Bank has a 12 month low of $150.75 and a 12 month high of $215.49. The company’s 50-day moving average price is $195.92 and its two-hundred day moving average price is $194.36.

M&T Bank (NYSE:MTB) last announced its earnings results on Wednesday, March 9th. The financial services provider reported $3.54 earnings per share for the quarter. M&T Bank had a net margin of 20.91% and a return on equity of 10.62%. The company had revenue of $1.54 billion during the quarter. As a group, research analysts forecast that M&T Bank will post 16.57 EPS for the current fiscal year.

Insider Activity at M&T Bank

In other M&T Bank news, EVP Christopher E. Kay sold 5,250 shares of the stock in a transaction on Wednesday, November 26th. The shares were sold at an average price of $191.70, for a total value of $1,006,425.00. Following the sale, the executive vice president directly owned 5,501 shares in the company, valued at approximately $1,054,541.70. This trade represents a 48.83% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Robert E. Sadler, Jr. sold 6,000 shares of the company’s stock in a transaction on Tuesday, November 25th. The shares were sold at an average price of $190.06, for a total transaction of $1,140,360.00. Following the completion of the sale, the director owned 17,070 shares of the company’s stock, valued at approximately $3,244,324.20. This represents a 26.01% decrease in their position. The disclosure for this sale is available in the SEC filing. 0.53% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On M&T Bank

Several large investors have recently modified their holdings of the business. Bank of Jackson Hole Trust raised its position in shares of M&T Bank by 342.9% during the third quarter. Bank of Jackson Hole Trust now owns 155 shares of the financial services provider’s stock worth $31,000 after purchasing an additional 120 shares during the period. Triumph Capital Management bought a new stake in M&T Bank during the 3rd quarter worth approximately $32,000. Golden State Wealth Management LLC raised its holdings in M&T Bank by 2,214.3% during the 2nd quarter. Golden State Wealth Management LLC now owns 162 shares of the financial services provider’s stock worth $31,000 after buying an additional 155 shares during the period. Ameriflex Group Inc. raised its holdings in M&T Bank by 82.4% during the 3rd quarter. Ameriflex Group Inc. now owns 186 shares of the financial services provider’s stock worth $37,000 after buying an additional 84 shares during the period. Finally, Twin Peaks Wealth Advisors LLC bought a new position in M&T Bank in the second quarter valued at approximately $36,000. 84.68% of the stock is currently owned by institutional investors.

Trending Headlines about M&T Bank

Here are the key news stories impacting M&T Bank this week:

• Positive Sentiment: TD Cowen raised its price target to $250 and kept a “buy” rating, signaling strong upside expectations that likely supported buyer demand. TD Cowen raises PT to $250
• Positive Sentiment: Shares hit a new 52‑week high after at least one analyst upgrade, reinforcing momentum and momentum-driven inflows. New 52‑week high after analyst upgrade
• Neutral Sentiment: Bank of America reaffirmed a “neutral” rating with a $225 price target, offering limited near-term directional guidance but a modest upside to the stock. BofA reaffirms neutral, $225 PT
• Neutral Sentiment: Wells Fargo boosted its price target to $205, a raise that may be viewed positively by some investors even though the target remains below the recent trading level. Wells Fargo raises PT to $205
• Neutral Sentiment: Analysts and commentators are reassessing MTB’s valuation after recent share-price momentum and signals of undervaluation, adding analytical debate rather than a clear catalyst. Valuation assessment after momentum
• Neutral Sentiment: Community/marketing outreach — M&T is distributing 25,000 “Billieve Together” flags; a PR initiative with no direct financial impact but positive brand visibility. PR: flag giveaway
• Negative Sentiment: Wolfe Research downgraded M&T, which likely pressured some holders and created selling pressure among more conservative institutional investors. Wolfe downgrades MTB
• Negative Sentiment: Evercore ISI also downgraded the stock, adding to conflicting analyst signals and increasing short-term volatility. Evercore downgrades MTB

About M&T Bank

M&T Bank Corporation is a bank holding company headquartered in Buffalo, New York, that provides a broad range of banking and financial services to individuals, businesses and institutions. The company operates a commercial and retail banking franchise that includes deposit-taking, lending, and payment services delivered through branch networks, digital channels and commercial banking teams. M&T serves customers across the northeastern and mid‑Atlantic United States and has expanded its geographic footprint through strategic acquisitions.

Its core businesses include commercial banking for middle‑market and community businesses, consumer and retail banking, mortgage origination and servicing, treasury and cash management, and wealth management and trust services.