Recent Analysts’ Ratings Changes for M&T Bank (MTB)

M&T Bank (NYSE: MTB) has recently received a number of price target changes and ratings updates:

• 1/16/2026 – M&T Bank had its price target raised by analysts at Jefferies Financial Group Inc. from $250.00 to $255.00. They now have a “buy” rating on the stock.
• 1/16/2026 – M&T Bank had its price target raised by analysts at Cantor Fitzgerald from $228.00 to $238.00. They now have an “overweight” rating on the stock.
• 1/16/2026 – M&T Bank had its price target raised by analysts at Piper Sandler from $225.00 to $235.00.
• 1/16/2026 – M&T Bank had its price target raised by analysts at Royal Bank Of Canada from $210.00 to $220.00. They now have an “outperform” rating on the stock.
• 1/7/2026 – M&T Bank had its “buy” rating reaffirmed by analysts at Cowen Inc.
• 1/7/2026 – M&T Bank was downgraded by analysts at Wolfe Research from an “outperform” rating to a “peer perform” rating.
• 1/7/2026 – M&T Bank had its price target raised by analysts at TD Cowen from $245.00 to $250.00. They now have a “buy” rating on the stock.
• 1/7/2026 – M&T Bank had its “neutral” rating reaffirmed by analysts at Bank of America Corporation. They now have a $225.00 price target on the stock.
• 1/6/2026 – M&T Bank had its “neutral” rating reaffirmed by analysts at The Goldman Sachs Group, Inc.. They now have a $230.00 price target on the stock.
• 1/6/2026 – M&T Bank was downgraded by analysts at Evercore ISI from an “outperform” rating to a “hold” rating. They now have a $225.00 price target on the stock, up previously from $210.00.
• 1/5/2026 – M&T Bank had its price target raised by analysts at Barclays PLC from $220.00 to $236.00. They now have an “equal weight” rating on the stock.
• 1/5/2026 – M&T Bank had its price target raised by analysts at Wells Fargo & Company from $185.00 to $205.00. They now have an “underweight” rating on the stock.
• 1/2/2026 – M&T Bank had its price target raised by analysts at Citigroup Inc. from $215.00 to $225.00. They now have a “neutral” rating on the stock.
• 12/29/2025 – M&T Bank had its “buy (b-)” rating reaffirmed by analysts at Weiss Ratings.
• 12/22/2025 – M&T Bank had its “buy (b-)” rating reaffirmed by analysts at Weiss Ratings.
• 12/19/2025 – M&T Bank had its price target raised by analysts at Jefferies Financial Group Inc. from $235.00 to $250.00. They now have a “buy” rating on the stock.
• 12/18/2025 – M&T Bank had its price target raised by analysts at Robert W. Baird from $225.00 to $230.00. They now have an “outperform” rating on the stock.
• 12/17/2025 – M&T Bank had its price target raised by analysts at Keefe, Bruyette & Woods from $220.00 to $230.00. They now have a “market perform” rating on the stock.
• 12/15/2025 – M&T Bank had its “buy (b-)” rating reaffirmed by analysts at Weiss Ratings.
• 12/12/2025 – M&T Bank was downgraded by analysts at Truist Financial Corporation from a “buy” rating to a “hold” rating. They now have a $217.00 price target on the stock.
• 12/8/2025 – M&T Bank had its “buy (b-)” rating reaffirmed by analysts at Weiss Ratings.
• 12/1/2025 – M&T Bank had its “buy (b-)” rating reaffirmed by analysts at Weiss Ratings.
• 12/1/2025 – M&T Bank had its price target raised by analysts at Jefferies Financial Group Inc. from $215.00 to $235.00. They now have a “buy” rating on the stock.
• 11/25/2025 – M&T Bank had its “buy (b-)” rating reaffirmed by analysts at Weiss Ratings.

M&T Bank Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Monday, December 1st were issued a $1.50 dividend. The ex-dividend date of this dividend was Monday, December 1st. This represents a $6.00 annualized dividend and a dividend yield of 2.8%. M&T Bank’s dividend payout ratio (DPR) is 35.19%.

Insider Buying and Selling

In related news, Director Robert E. Sadler, Jr. sold 6,000 shares of the stock in a transaction dated 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 sale, the director owned 17,070 shares in the company, valued at approximately $3,244,324.20. This trade represents a 26.01% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Christopher E. Kay sold 5,250 shares of the stock in a transaction on Wednesday, November 26th. The stock was sold at an average price of $191.70, for a total value of $1,006,425.00. Following the transaction, the executive vice president owned 5,501 shares of the company’s stock, valued at $1,054,541.70. This represents a 48.83% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Corporate insiders own 0.53% of the company’s stock.

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.