Keefe, Bruyette & Woods Boosts M&T Bank (NYSE:MTB) Price Target to $250.00

M&T Bank (NYSE:MTB) had its price objective raised by Keefe, Bruyette & Woods from $242.00 to $250.00 in a research note issued to investors on Thursday,Benzinga reports. The firm presently has a “market perform” rating on the financial services provider’s stock. Keefe, Bruyette & Woods’ price objective suggests a potential upside of 0.29% from the company’s previous close.

Other equities research analysts have also recently issued reports about the stock. DA Davidson raised their target price on shares of M&T Bank from $233.00 to $235.00 and gave the stock a “neutral” rating in a research report on Thursday, April 16th. Robert W. Baird reiterated a “neutral” rating and set a $240.00 price target on shares of M&T Bank in a research report on Monday, July 6th. Wall Street Zen downgraded shares of M&T Bank from a “hold” rating to a “sell” rating in a research note on Sunday, July 12th. UBS Group raised their price objective on shares of M&T Bank from $225.00 to $252.00 and gave the stock a “neutral” rating in a report on Tuesday, July 7th. Finally, Wells Fargo & Company lifted their price objective on M&T Bank from $205.00 to $215.00 and gave the company an “underweight” rating in a research report on Monday, July 6th. Seven investment analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $249.50.

M&T Bank Price Performance

Shares of M&T Bank stock opened at $249.28 on Thursday. The company has a quick ratio of 0.94, a current ratio of 0.89 and a debt-to-equity ratio of 0.53. The company has a market cap of $36.51 billion, a PE ratio of 13.16, a P/E/G ratio of 1.25 and a beta of 0.57. The business has a 50 day moving average of $225.98 and a 200 day moving average of $218.95. M&T Bank has a 52 week low of $174.76 and a 52 week high of $255.00.

M&T Bank (NYSE:MTB) last released its quarterly earnings results on Wednesday, July 15th. The financial services provider reported $5.35 earnings per share for the quarter, beating the consensus estimate of $4.66 by $0.69. The business had revenue of $2.53 billion for the quarter, compared to analysts’ expectations of $2.46 billion. M&T Bank had a net margin of 22.72% and a return on equity of 11.80%. During the same quarter in the previous year, the business posted $4.28 earnings per share. As a group, equities research analysts forecast that M&T Bank will post 18.92 earnings per share for the current year.

M&T Bank announced that its board has authorized a share buyback program on Tuesday, March 31st that allows the company to repurchase $5.00 billion in outstanding shares. This repurchase authorization allows the financial services provider to repurchase up to 16.7% of its shares through open market purchases. Shares repurchase programs are generally a sign that the company’s board of directors believes its shares are undervalued.

Insider Activity

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 directly owned 6,753 shares in the company, valued at $1,462,024.50. This trade represents a 31.50% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.44% of the stock is currently owned by insiders.

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. Delphi Management Inc. MA purchased a new stake in shares of M&T Bank during the fourth quarter valued at approximately $1,524,000. LSV Asset Management raised its holdings in M&T Bank by 14.5% in the 4th quarter. LSV Asset Management now owns 391,900 shares of the financial services provider’s stock worth $78,960,000 after acquiring an additional 49,500 shares during the last quarter. Adams Diversified Equity Fund Inc. raised its holdings in M&T Bank by 22.8% in the 1st quarter. Adams Diversified Equity Fund Inc. now owns 119,900 shares of the financial services provider’s stock worth $24,786,000 after acquiring an additional 22,300 shares during the last quarter. SG Americas Securities LLC lifted its position in M&T Bank by 270.4% in the 4th quarter. SG Americas Securities LLC now owns 63,638 shares of the financial services provider’s stock valued at $12,822,000 after acquiring an additional 46,458 shares in the last quarter. Finally, Canoe Financial LP lifted its position in M&T Bank by 50.5% in the 4th quarter. Canoe Financial LP now owns 652,744 shares of the financial services provider’s stock valued at $131,515,000 after acquiring an additional 219,065 shares in the last quarter. Hedge funds and other institutional investors own 84.68% of the company’s stock.

M&T Bank News Summary

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.