M&T Bank (NYSE:MTB) Price Target Raised to $267.00

M&T Bank (NYSE:MTB) had its target price raised by Barclays from $236.00 to $267.00 in a research report report published on Thursday, MarketBeat reports. The firm currently has an equal weight rating on the financial services provider’s stock.

Several other brokerages have also recently issued reports on MTB. UBS Group boosted their price objective on shares of M&T Bank from $225.00 to $252.00 and gave the company a “neutral” rating in a research note on Tuesday, July 7th. Royal Bank Of Canada increased their price objective on shares of M&T Bank from $225.00 to $230.00 and gave the company an “outperform” rating in a research report on Tuesday, June 23rd. The Goldman Sachs Group raised their target price on M&T Bank from $231.00 to $235.00 and gave the company a “neutral” rating in a research note on Monday, April 6th. Cantor Fitzgerald lifted their price target on shares of M&T Bank from $253.00 to $262.00 and gave the stock an “overweight” rating in a research note on Wednesday. Finally, Argus upped their price objective on M&T Bank from $230.00 to $245.00 and gave the company a “buy” rating in a research note on Friday, April 17th. Seven investment analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, M&T Bank currently has an average rating of “Hold” and a consensus price target of $249.50.

M&T Bank Stock Performance

Shares of NYSE MTB opened at $249.28 on Thursday. The company has a market cap of $36.51 billion, a PE ratio of 13.16, a price-to-earnings-growth ratio of 1.23 and a beta of 0.57. The company has a debt-to-equity ratio of 0.53, a current ratio of 0.89 and a quick ratio of 0.94. M&T Bank has a 12 month low of $174.76 and a 12 month high of $255.00. The company has a 50-day simple moving average of $225.98 and a 200-day simple moving average of $218.95.

M&T Bank (NYSE:MTB) last issued its quarterly earnings results on Wednesday, July 15th. The financial services provider reported $5.35 earnings per share for the quarter, topping analysts’ consensus estimates of $4.66 by $0.69. The company had revenue of $2.53 billion for the quarter, compared to analyst estimates of $2.46 billion. M&T Bank had a return on equity of 11.80% and a net margin of 22.72%.During the same quarter in the prior year, the company posted $4.28 EPS. On average, equities analysts anticipate that M&T Bank will post 19.2 earnings per share for the current year.

M&T Bank declared that its Board of Directors has initiated a share buyback program on Tuesday, March 31st that allows the company to buyback $5.00 billion in shares. This buyback authorization allows the financial services provider to buy up to 16.7% of its stock through open market purchases. Stock buyback programs are often a sign that the company’s board believes its stock is undervalued.

M&T Bank Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Monday, June 1st were given a dividend of $1.50 per share. This represents a $6.00 dividend on an annualized basis and a yield of 2.4%. The ex-dividend date was Monday, June 1st. M&T Bank’s payout ratio is 31.68%.

Insiders Place Their Bets

In related news, EVP Christopher E. Kay sold 3,105 shares of the stock in a transaction dated Thursday, May 7th. The shares were sold at an average price of $216.50, for a total value of $672,232.50. Following the completion of the transaction, the executive vice president owned 6,753 shares in the company, valued at $1,462,024.50. This represents a 31.50% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. 0.44% of the stock is owned by insiders.

Hedge Funds Weigh In On M&T Bank

A number of institutional investors and hedge funds have recently added to or reduced their stakes in MTB. Bogart Wealth LLC boosted its stake in M&T Bank by 233.3% during the first quarter. Bogart Wealth LLC now owns 120 shares of the financial services provider’s stock valued at $25,000 after buying an additional 84 shares in the last quarter. Triumph Capital Management acquired a new stake in shares of M&T Bank during the third quarter valued at approximately $32,000. Elyxium Wealth LLC acquired a new stake in M&T Bank during the 4th quarter valued at $33,000. Bank of Jackson Hole Trust raised its position in M&T Bank by 38.7% during the fourth quarter. Bank of Jackson Hole Trust now owns 215 shares of the financial services provider’s stock valued at $43,000 after buying an additional 60 shares during the period. Finally, Hoese & Co LLP acquired a new position in shares of M&T Bank in the 4th quarter valued at about $50,000. 84.68% of the stock is owned by institutional investors.

Key M&T Bank News

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

• Positive Sentiment: M&T Bank posted stronger-than-expected Q2 results, with revenue above estimates and normalized EPS beating forecasts, driven by mid-single-digit loan growth and solid net interest income. M&T Bank: Loan And NII Growth Support Upside (Rating Upgrade)
• Positive Sentiment: Several analysts raised their price targets after the earnings report, including Barclays, Robert W. Baird, and Keefe, Bruyette & Woods, signaling improved confidence in MTB’s outlook. M&T Bank Analysts Increase Their Forecasts After Strong Q2 Results
• Neutral Sentiment: One note suggested the shares may be fully valued after buyback and preferred capital moves, indicating the upside could be more limited after the recent run-up. M&T Bank (MTB) Looks Fully Valued After Buyback And Preferred Capital Moves
• Neutral Sentiment: Other headlines confirmed that Q2 sales topped estimates, reinforcing the overall earnings beat but adding little new beyond the strong quarterly report. M&T Bank’s (NYSE:MTB) Q2 CY2026 Sales Top Estimates

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.