M&T Bank (NYSE:MTB) Stock Price Expected to Rise, TD Cowen Analyst Says

M&T Bank (NYSE:MTB) had its target price raised by stock analysts at TD Cowen from $245.00 to $250.00 in a research report issued to clients and investors on Wednesday,Benzinga reports. The firm presently has a “buy” rating on the financial services provider’s stock. TD Cowen’s price target suggests a potential upside of 17.05% from the stock’s current price.

Other research analysts have also recently issued research reports about the stock. Wells Fargo & Company boosted their price target on shares of M&T Bank from $185.00 to $205.00 and gave the company an “underweight” rating in a research report on Monday. Wolfe Research cut shares of M&T Bank from an “outperform” rating to a “peer perform” rating in a research note on Wednesday. Barclays lifted their price target on shares of M&T Bank from $220.00 to $236.00 and gave the company an “equal weight” rating in a research report on Monday. Cowen reissued a “buy” rating on shares of M&T Bank in a research note on Wednesday. Finally, Jefferies Financial Group upped their price target on M&T Bank from $235.00 to $250.00 and gave the company a “buy” rating in a research note on Friday, December 19th. One analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, eleven have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $221.18.

M&T Bank Stock Up 1.9%

Shares of NYSE MTB opened at $213.59 on Wednesday. The stock has a market cap of $32.83 billion, a PE ratio of 13.15, a P/E/G ratio of 0.89 and a beta of 0.59. The company has a current ratio of 0.97, a quick ratio of 0.97 and a debt-to-equity ratio of 0.49. M&T Bank has a 12-month low of $150.75 and a 12-month high of $215.49. The company has a 50-day moving average of $195.92 and a 200 day moving average of $194.36.

M&T Bank (NYSE:MTB) last issued 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 return on equity of 10.62% and a net margin of 20.91%.The business had revenue of $1.54 billion for the quarter. As a group, sell-side analysts predict that M&T Bank will post 16.57 EPS for the current fiscal year.

Insider Activity

In other M&T Bank news, Director Robert E. Sadler, Jr. sold 6,000 shares of the business’s stock in a transaction on Tuesday, November 25th. The shares were sold at an average price of $190.06, for a total value of $1,140,360.00. Following the completion of the transaction, the director owned 17,070 shares in the company, valued at $3,244,324.20. The trade was a 26.01% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, 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 completion of the sale, the executive vice president owned 5,501 shares in the company, valued at approximately $1,054,541.70. The trade was a 48.83% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.53% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On M&T Bank

A number of hedge funds have recently bought and sold shares of MTB. Canoe Financial LP raised its holdings in M&T Bank by 46.8% during the third quarter. Canoe Financial LP now owns 433,679 shares of the financial services provider’s stock worth $85,704,000 after purchasing an additional 138,173 shares in the last quarter. Commerzbank Aktiengesellschaft FI raised its stake in M&T Bank by 27.3% during the 2nd quarter. Commerzbank Aktiengesellschaft FI now owns 8,111 shares of the financial services provider’s stock worth $1,574,000 after acquiring an additional 1,741 shares in the last quarter. Ethic Inc. lifted its position in M&T Bank by 20.8% in the second quarter. Ethic Inc. now owns 25,741 shares of the financial services provider’s stock valued at $4,988,000 after acquiring an additional 4,432 shares during the last quarter. Sumitomo Mitsui Trust Group Inc. boosted its stake in M&T Bank by 3.1% in the second quarter. Sumitomo Mitsui Trust Group Inc. now owns 463,669 shares of the financial services provider’s stock valued at $89,947,000 after acquiring an additional 13,749 shares in the last quarter. Finally, Marshall Wace LLP boosted its stake in M&T Bank by 6.2% in the second quarter. Marshall Wace LLP now owns 584,438 shares of the financial services provider’s stock valued at $113,375,000 after acquiring an additional 33,920 shares in the last quarter. Institutional investors and hedge funds own 84.68% of the company’s stock.

Key Stories Impacting 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

M&T Bank Company Profile

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.