FY2025 EPS Estimates for M&T Bank Cut by Zacks Research

M&T Bank Co. (NYSE:MTBFree Report) – Stock analysts at Zacks Research decreased their FY2025 earnings per share (EPS) estimates for M&T Bank in a note issued to investors on Monday, May 5th. Zacks Research analyst R. Department now forecasts that the financial services provider will post earnings per share of $16.04 for the year, down from their previous forecast of $16.17. The consensus estimate for M&T Bank’s current full-year earnings is $16.57 per share. Zacks Research also issued estimates for M&T Bank’s Q2 2026 earnings at $4.67 EPS, FY2026 earnings at $18.19 EPS and Q1 2027 earnings at $4.86 EPS.

M&T Bank (NYSE:MTBGet Free Report) last issued its quarterly earnings data on Monday, April 14th. The financial services provider reported $3.38 earnings per share for the quarter, missing analysts’ consensus estimates of $3.41 by ($0.03). The company had revenue of $2.31 billion for the quarter, compared to the consensus estimate of $2.35 billion. M&T Bank had a net margin of 19.24% and a return on equity of 10.12%. During the same quarter in the prior year, the firm earned $3.09 earnings per share.

Several other equities analysts have also recently issued reports on MTB. Barclays lowered their price objective on shares of M&T Bank from $235.00 to $220.00 and set an “equal weight” rating on the stock in a research note on Tuesday, April 15th. Deutsche Bank Aktiengesellschaft upgraded M&T Bank from a “hold” rating to a “buy” rating and set a $210.00 target price on the stock in a report on Thursday, April 24th. JPMorgan Chase & Co. decreased their target price on shares of M&T Bank from $212.50 to $186.50 and set a “neutral” rating for the company in a report on Thursday, April 3rd. Royal Bank of Canada reduced their price target on shares of M&T Bank from $208.00 to $200.00 and set an “outperform” rating for the company in a research report on Tuesday, April 15th. Finally, Truist Financial cut their target price on shares of M&T Bank from $225.00 to $200.00 and set a “buy” rating on the stock in a research note on Tuesday, April 15th. Two equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and ten have assigned a buy rating to the company’s stock. Based on data from MarketBeat, M&T Bank has an average rating of “Hold” and a consensus price target of $208.24.

Check Out Our Latest Report on MTB

M&T Bank Price Performance

NYSE MTB opened at $177.56 on Wednesday. The firm has a market capitalization of $29.17 billion, a PE ratio of 12.14, a P/E/G ratio of 1.38 and a beta of 0.58. The company has a debt-to-equity ratio of 0.47, a current ratio of 0.98 and a quick ratio of 0.99. M&T Bank has a 12 month low of $139.78 and a 12 month high of $225.70. The company’s 50 day simple moving average is $170.25 and its 200 day simple moving average is $189.74.

Institutional Investors Weigh In On M&T Bank

A number of hedge funds and other institutional investors have recently bought and sold shares of MTB. Wood Tarver Financial Group LLC acquired a new stake in M&T Bank in the fourth quarter valued at $29,000. Banque Transatlantique SA bought a new stake in M&T Bank in the 4th quarter valued at about $38,000. Y.D. More Investments Ltd raised its stake in M&T Bank by 122.6% during the 4th quarter. Y.D. More Investments Ltd now owns 207 shares of the financial services provider’s stock worth $39,000 after buying an additional 114 shares during the period. Grove Bank & Trust boosted its holdings in M&T Bank by 104.6% in the first quarter. Grove Bank & Trust now owns 223 shares of the financial services provider’s stock worth $40,000 after acquiring an additional 114 shares in the last quarter. Finally, Human Investing LLC acquired a new stake in M&T Bank in the fourth quarter valued at approximately $44,000. Institutional investors own 84.68% of the company’s stock.

Insider Activity at M&T Bank

In other news, EVP Christopher E. Kay sold 1,738 shares of the business’s stock in a transaction on Wednesday, March 12th. The stock was sold at an average price of $172.34, for a total transaction of $299,526.92. Following the completion of the transaction, the executive vice president now owns 10,751 shares of the company’s stock, valued at approximately $1,852,827.34. The trade was a 13.92 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.53% of the stock is currently owned by corporate insiders.

M&T Bank Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Monday, March 3rd were issued a dividend of $1.35 per share. This represents a $5.40 dividend on an annualized basis and a dividend yield of 3.04%. The ex-dividend date of this dividend was Monday, March 3rd. M&T Bank’s dividend payout ratio is currently 36.17%.

M&T Bank announced that its Board of Directors has approved a share buyback plan on Wednesday, January 22nd that allows the company to buyback $4.00 billion in shares. This buyback authorization allows the financial services provider to reacquire up to 12.3% of its stock through open market purchases. Stock buyback plans are generally a sign that the company’s management believes its stock is undervalued.

About M&T Bank

(Get Free Report)

M&T Bank Corp. operates as a bank holding company, which engages in the provision of retail and commercial banking, trust, wealth management, and investment services. It operates through the following segments: Commercial Bank, Retail Bank, Institutional Services and Wealth Management, and All Other.

Further Reading

Earnings History and Estimates for M&T Bank (NYSE:MTB)

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