M&T Bank (NYSE:MTB) Price Target Raised to $250.00

M&T Bank (NYSE:MTB) had its price objective boosted by Robert W. Baird from $240.00 to $250.00 in a report published on Thursday morning, Marketbeat Ratings reports. The brokerage currently has a neutral rating on the financial services provider’s stock.

Several other research firms have also issued reports on MTB. Royal Bank Of Canada lifted their price target on shares of M&T Bank from $225.00 to $230.00 and gave the stock an “outperform” rating in a report on Tuesday, June 23rd. Keefe, Bruyette & Woods increased their price objective on M&T Bank from $242.00 to $250.00 and gave the company a “market perform” rating in a report on Thursday. Jefferies Financial Group reissued a “buy” rating and issued a $300.00 price objective on shares of M&T Bank in a research report on Wednesday. Argus boosted their target price on M&T Bank from $230.00 to $245.00 and gave the stock a “buy” rating in a research note on Friday, April 17th. Finally, Barclays upped their target price on M&T Bank from $236.00 to $267.00 and gave the company an “equal weight” rating in a research report on Thursday. Seven analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, M&T Bank presently has an average rating of “Hold” and a consensus price target of $249.50.

M&T Bank Stock Down 1.9%

Shares of M&T Bank stock opened at $249.28 on Thursday. The firm’s 50 day moving average price is $225.98 and its 200-day moving average price is $218.95. The company has a quick ratio of 0.94, a current ratio of 0.89 and a debt-to-equity ratio of 0.53. M&T Bank has a 52-week low of $174.76 and a 52-week high of $255.00. The company has a market cap of $36.51 billion, a P/E ratio of 13.16, a PEG ratio of 1.23 and a beta of 0.57.

M&T Bank (NYSE:MTB) last posted its quarterly earnings data on Wednesday, July 15th. The financial services provider reported $5.35 EPS for the quarter, topping the consensus estimate of $4.66 by $0.69. M&T Bank had a net margin of 22.72% and a return on equity of 11.80%. The firm had revenue of $2.53 billion during the quarter, compared to analyst estimates of $2.46 billion. During the same quarter in the previous year, the business posted $4.28 EPS. On average, sell-side analysts predict that M&T Bank will post 19.2 EPS for the current fiscal year.

M&T Bank announced that its board has approved a stock buyback program on Tuesday, March 31st that authorizes the company to buyback $5.00 billion in shares. This buyback authorization authorizes the financial services provider to purchase up to 16.7% of its stock through open market purchases. Stock buyback programs are typically a sign that the company’s management believes its stock is undervalued.

M&T Bank Dividend Announcement

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

Insider Buying and Selling at M&T Bank

In other news, EVP Christopher E. Kay sold 3,105 shares of the business’s stock in a transaction on Thursday, May 7th. The shares were sold at an average price of $216.50, for a total transaction of $672,232.50. Following the sale, the executive vice president directly owned 6,753 shares of the company’s stock, valued at $1,462,024.50. The trade was a 31.50% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.44% of the stock is owned by company insiders.

Institutional Trading of M&T Bank

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Commonwealth Retirement Investments LLC grew its stake in M&T Bank by 0.4% during the 4th quarter. Commonwealth Retirement Investments LLC now owns 10,991 shares of the financial services provider’s stock valued at $2,214,000 after acquiring an additional 44 shares in the last quarter. Ransom Advisory Ltd raised its holdings in M&T Bank by 2.0% in the 4th quarter. Ransom Advisory Ltd now owns 2,513 shares of the financial services provider’s stock valued at $506,000 after acquiring an additional 50 shares during the last quarter. Wedbush Securities Inc. lifted its stake in M&T Bank by 2.4% in the 4th quarter. Wedbush Securities Inc. now owns 2,223 shares of the financial services provider’s stock worth $448,000 after purchasing an additional 52 shares in the last quarter. CX Institutional lifted its stake in M&T Bank by 3.4% in the 2nd quarter. CX Institutional now owns 1,650 shares of the financial services provider’s stock worth $393,000 after purchasing an additional 54 shares in the last quarter. Finally, Bank of Jackson Hole Trust boosted its holdings in shares of M&T Bank by 38.7% during the 4th quarter. Bank of Jackson Hole Trust now owns 215 shares of the financial services provider’s stock worth $43,000 after purchasing an additional 60 shares during the last quarter. Institutional investors and hedge funds own 84.68% of the company’s stock.

M&T Bank News Roundup

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.