M&T Bank (NYSE:MTB) Price Target Raised to $205.00

M&T Bank (NYSE:MTBFree Report) had its price target upped by Wells Fargo & Company from $185.00 to $205.00 in a research note published on Monday,MarketScreener reports. They currently have an underweight rating on the financial services provider’s stock.

A number of other research firms have also issued reports on MTB. Weiss Ratings reiterated a “buy (b-)” rating on shares of M&T Bank in a report on Monday, December 29th. Evercore ISI increased their price objective on shares of M&T Bank from $222.00 to $225.00 and gave the company an “outperform” rating in a research report on Tuesday, September 30th. Barclays lifted their price objective on shares of M&T Bank from $220.00 to $236.00 and gave the company an “equal weight” rating in a research note on Monday. UBS Group upped their target price on shares of M&T Bank from $207.00 to $208.00 and gave the company a “neutral” rating in a research note on Tuesday, October 7th. Finally, Robert W. Baird 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 research note on Thursday, December 18th. One research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, M&T Bank presently has a consensus rating of “Hold” and a consensus price target of $221.18.

Read Our Latest Stock Report on M&T Bank

M&T Bank Stock Performance

NYSE:MTB opened at $209.49 on Monday. The company has a current ratio of 0.97, a quick ratio of 0.97 and a debt-to-equity ratio of 0.49. The firm has a market capitalization of $32.20 billion, a price-to-earnings ratio of 12.90, a PEG ratio of 0.90 and a beta of 0.59. The firm’s fifty day simple moving average is $195.30 and its 200 day simple moving average is $194.22. M&T Bank has a twelve month low of $150.75 and a twelve month high of $211.99.

M&T Bank (NYSE:MTBGet Free Report) last announced its quarterly earnings results on Wednesday, March 9th. The financial services provider reported $3.54 earnings per share (EPS) for the quarter. M&T Bank had a return on equity of 10.62% and a net margin of 20.91%.The firm had revenue of $1.54 billion during the quarter. As a group, equities research analysts expect that M&T Bank will post 16.57 earnings per share for the current fiscal year.

M&T Bank Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Monday, December 1st were issued a dividend of $1.50 per share. This represents a $6.00 annualized dividend and a yield of 2.9%. The ex-dividend date of this dividend was Monday, December 1st. M&T Bank’s dividend payout ratio (DPR) is currently 36.95%.

Insider Activity

In other news, EVP Christopher E. Kay sold 5,250 shares of the company’s stock in a transaction dated Wednesday, November 26th. The shares were sold at an average price of $191.70, for a total value of $1,006,425.00. Following the sale, the executive vice president owned 5,501 shares in the company, valued at approximately $1,054,541.70. This represents a 48.83% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Robert E. Sadler, Jr. sold 6,000 shares of the stock in a transaction dated Tuesday, November 25th. The stock was sold at an average price of $190.06, for a total transaction of $1,140,360.00. Following the transaction, the director directly owned 17,070 shares in the company, valued at $3,244,324.20. The trade was a 26.01% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.53% of the stock is currently owned by insiders.

Institutional Investors Weigh In On M&T Bank

Several institutional investors and hedge funds have recently made changes to their positions in the company. Canoe Financial LP boosted its holdings in M&T Bank by 24,443.7% in the second quarter. Canoe Financial LP now owns 295,506 shares of the financial services provider’s stock worth $57,325,000 after purchasing an additional 294,302 shares during the period. Goldman Sachs Group Inc. boosted its holdings in shares of M&T Bank by 20.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 1,097,864 shares of the financial services provider’s stock valued at $196,243,000 after buying an additional 187,780 shares during the period. Strs Ohio acquired a new position in shares of M&T Bank in the 1st quarter valued at about $29,566,000. Danske Bank A S bought a new stake in shares of M&T Bank during the 3rd quarter valued at about $29,612,000. Finally, Russell Investments Group Ltd. raised its stake in M&T Bank by 94.9% during the third quarter. Russell Investments Group Ltd. now owns 292,839 shares of the financial services provider’s stock worth $57,879,000 after acquiring an additional 142,593 shares during the period. 84.68% of the stock is owned by institutional investors and hedge funds.

Key Stories Impacting M&T Bank

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

  • Positive Sentiment: TD Cowen raised its price target to $250 and maintained a “buy” rating — the highest target in this batch, implying ~19.3% upside from current levels. This is a clear bullish catalyst. Benzinga
  • Positive Sentiment: Goldman Sachs lifted its price target to $230 (from $207), signaling improved analyst confidence and adding upward pressure on shares. Goldman Sachs PT Raise
  • Positive Sentiment: Barclays raised its price target to $236 (from $220), another supportive analyst move that boosts upside expectations. Barclays PT Raise
  • Positive Sentiment: Market reaction included a new 52-week high following analyst upgrades, reflecting positive momentum from recent bullish coverage. 52-Week High Article
  • Neutral Sentiment: Bank of America reaffirmed a “neutral” rating with a $225 price target (~7.4% upside), which is constructive but not strongly bullish. BofA Coverage
  • Neutral Sentiment: Wells Fargo raised its target to $205, but that level sits below current market prices — a mixed signal that tempers upside from other raises. Wells Fargo PT
  • Neutral Sentiment: FORGE and M&T announced manufacturing-focused grants at a regional event — positive for community/brand but unlikely to move the stock materially. FORGE Grant News
  • Negative Sentiment: Evercore ISI downgraded M&T from “outperform” to “hold” despite lifting its target to $225 — the cut in rating is a negative signal that likely pressured the stock. Evercore Downgrade

M&T Bank Company Profile

(Get Free Report)

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.

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Analyst Recommendations for M&T Bank (NYSE:MTB)

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