Q2 Earnings Forecast for M&T Bank Issued By Zacks Research

M&T Bank Co. (NYSE:MTB) – Stock analysts at Zacks Research dropped their Q2 2025 earnings estimates for shares of M&T Bank in a note issued to investors on Monday, May 5th. Zacks Research analyst R. Department now anticipates that the financial services provider will post earnings per share of $3.98 for the quarter, down from their previous forecast of $4.01. 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 Q3 2025 earnings at $4.28 EPS, Q4 2025 earnings at $4.41 EPS, Q1 2026 earnings at $3.98 EPS, Q3 2026 earnings at $4.73 EPS, Q4 2026 earnings at $4.81 EPS and FY2027 earnings at $20.21 EPS.

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

Several other research analysts also recently issued reports on the stock. Citigroup lowered their price objective on shares of M&T Bank from $230.00 to $195.00 and set a “neutral” rating on the stock in a research report on Monday, March 24th. Truist Financial reduced their price objective on M&T Bank from $225.00 to $200.00 and set a “buy” rating for the company in a research note on Tuesday, April 15th. Morgan Stanley dropped their target price on M&T Bank from $269.00 to $253.00 and set an “overweight” rating on the stock in a report on Thursday, March 13th. Robert W. Baird decreased their price target on M&T Bank from $220.00 to $200.00 and set an “outperform” rating for the company in a report on Tuesday, April 15th. Finally, Deutsche Bank Aktiengesellschaft raised shares of M&T Bank from a “hold” rating to a “buy” rating and set a $210.00 price objective on the stock in a research note on Thursday, April 24th. Two investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and ten have issued a buy rating to the stock. According to data from MarketBeat, M&T Bank has a consensus rating of “Hold” and a consensus price target of $208.24.

M&T Bank Stock Performance

Shares of MTB opened at $177.11 on Thursday. The company’s 50 day simple moving average is $170.16 and its 200-day simple moving average is $189.62. The firm has a market cap of $29.10 billion, a PE ratio of 12.11, a price-to-earnings-growth ratio of 1.38 and a beta of 0.58. M&T Bank has a 12-month low of $139.78 and a 12-month high of $225.70. The company has a current ratio of 0.98, a quick ratio of 0.99 and a debt-to-equity ratio of 0.47.

M&T Bank announced that its board has approved a stock buyback program on Wednesday, January 22nd that permits the company to repurchase $4.00 billion in shares. This repurchase authorization permits the financial services provider to repurchase up to 12.3% of its shares through open market purchases. Shares repurchase programs are often a sign that the company’s board believes its shares are undervalued.

M&T Bank Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Monday, March 3rd were paid a $1.35 dividend. The ex-dividend date was Monday, March 3rd. This represents a $5.40 dividend on an annualized basis and a yield of 3.05%. M&T Bank’s payout ratio is 36.17%.

Insiders Place Their Bets

In other news, EVP Christopher E. Kay sold 1,738 shares of the firm’s stock in a transaction that occurred on Wednesday, March 12th. The shares were 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 directly owns 10,751 shares of the company’s stock, valued at $1,852,827.34. This trade represents a 13.92 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.53% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On M&T Bank

Hedge funds have recently bought and sold shares of the stock. FMR LLC increased its position in M&T Bank by 14.3% during the 4th quarter. FMR LLC now owns 14,110,412 shares of the financial services provider’s stock worth $2,652,899,000 after purchasing an additional 1,761,014 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its stake in shares of M&T Bank by 5.0% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 5,289,727 shares of the financial services provider’s stock worth $994,522,000 after purchasing an additional 252,583 shares during the last quarter. Geode Capital Management LLC grew its holdings in shares of M&T Bank by 0.9% during the fourth quarter. Geode Capital Management LLC now owns 4,370,762 shares of the financial services provider’s stock worth $819,768,000 after buying an additional 40,948 shares in the last quarter. Norges Bank acquired a new position in shares of M&T Bank in the fourth quarter valued at approximately $317,690,000. Finally, Northern Trust Corp lifted its stake in shares of M&T Bank by 14.7% during the fourth quarter. Northern Trust Corp now owns 1,683,329 shares of the financial services provider’s stock valued at $316,483,000 after buying an additional 215,100 shares during the period. Hedge funds and other institutional investors own 84.68% of the company’s stock.

M&T Bank Company Profile

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.