M&T Bank (NYSE:MTB) Price Target Raised to $235.00

Posted by Scott Moore on Jan 18th, 2026

M&T Bank (NYSE:MTB – Get Free Report) had its target price increased by research analysts at Piper Sandler from $225.00 to $235.00 in a research note issued to investors on Friday,MarketScreener reports. Piper Sandler’s target price points to a potential upside of 10.54% from the company’s current price.

MTB has been the topic of a number of other research reports. Truist Financial lowered shares of M&T Bank from a “buy” rating to a “hold” rating and set a $217.00 target price on the stock. in a research report on Friday, December 12th. The Goldman Sachs Group restated a “neutral” rating and set a $230.00 price objective on shares of M&T Bank in a report on Tuesday, January 6th. Wall Street Zen raised M&T Bank from a “sell” rating to a “hold” rating in a research report on Saturday, November 1st. Citigroup increased their target price on M&T Bank from $215.00 to $225.00 and gave the stock a “neutral” rating in a research report on Friday, January 2nd. Finally, Bank of America reissued a “neutral” rating and issued a $225.00 price target on shares of M&T Bank in a research note on Wednesday, January 7th. One analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, eleven have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $223.55.

Get Our Latest Stock Analysis on M&T Bank

M&T Bank Stock Performance

NYSE MTB opened at $212.59 on Friday. The company has a quick ratio of 0.97, a current ratio of 0.97 and a debt-to-equity ratio of 0.49. M&T Bank has a fifty-two week low of $150.75 and a fifty-two week high of $215.71. The business has a fifty day moving average of $199.27 and a 200-day moving average of $195.14. The stock has a market cap of $32.67 billion, a price-to-earnings ratio of 12.47, a price-to-earnings-growth ratio of 0.94 and a beta of 0.59.

M&T Bank (NYSE:MTB – Get Free Report) last posted its quarterly earnings data on Friday, January 16th. The financial services provider reported $4.72 EPS for the quarter, topping analysts’ consensus estimates of $4.47 by $0.25. The firm had revenue of $2.48 billion during the quarter, compared to analysts’ expectations of $2.47 billion. M&T Bank had a return on equity of 10.62% and a net margin of 20.91%.During the same quarter last year, the business posted $3.77 EPS. As a group, analysts predict that M&T Bank will post 16.57 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other M&T Bank news, EVP Christopher E. Kay sold 5,250 shares of the business’s stock in a transaction dated Wednesday, November 26th. The stock was sold at an average price of $191.70, for a total transaction of $1,006,425.00. Following the transaction, the executive vice president owned 5,501 shares in the company, valued at $1,054,541.70. The trade was a 48.83% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Robert E. Sadler, Jr. sold 6,000 shares of the company’s stock in a transaction dated Tuesday, November 25th. The stock was sold at an average price of $190.06, for a total value of $1,140,360.00. Following the completion of the sale, the director directly owned 17,070 shares of the company’s stock, valued at $3,244,324.20. The trade was a 26.01% decrease in their position. The disclosure for this sale is available in the SEC filing. Company insiders own 0.53% of the company’s stock.

Institutional Investors Weigh In On M&T Bank

Several hedge funds have recently modified their holdings of the stock. Canoe Financial LP lifted its position in M&T Bank by 50.5% during the 4th quarter. Canoe Financial LP now owns 652,744 shares of the financial services provider’s stock worth $131,515,000 after acquiring an additional 219,065 shares in the last quarter. Danske Bank A S purchased a new stake in shares of M&T Bank during the third quarter valued at approximately $29,612,000. Russell Investments Group Ltd. lifted its position in shares of 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 purchasing an additional 142,593 shares in the last quarter. Adams Diversified Equity Fund Inc. acquired a new position in shares of M&T Bank during the third quarter worth $18,497,000. Finally, SG Americas Securities LLC boosted its stake in shares of M&T Bank by 932.4% in the second quarter. SG Americas Securities LLC now owns 100,169 shares of the financial services provider’s stock valued at $19,432,000 after purchasing an additional 90,466 shares during the period. 84.68% of the stock is currently owned by hedge funds and other institutional investors.

Key Stories Impacting M&T Bank

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

Positive Sentiment: Quarterly beat — M&T delivered $4.67 EPS vs. $4.47 consensus and $2.48B revenue vs. $2.47B, with quarterly net income of $759M. This print confirms earnings strength and higher profitability. MTB Q4 Earnings Beat on Higher NII & Fee Income, Stock Down
Positive Sentiment: Core drivers — Management cited rising net interest income and an improved net interest margin, plus a rebound in mortgage banking, as the main profit drivers — supportive for near-term earnings power. M&T Bank’s fourth-quarter profit lifted by interest income growth
Neutral Sentiment: Full-year results & outlook — M&T reported FY 2025 EPS of $17.00; the company provided detail in its slide deck and call but did not materially change long-term guidance, leaving analysts to update models. M&T Bank Corporation announces fourth quarter and full-year 2025 results
Neutral Sentiment: Earnings call detail — The full earnings call transcript and presentation provide color on loan growth, deposit trends and expense drivers; investors should review guidance/comments on loan demand and cost trajectory. M&T Bank Corporation (MTB) Q4 2025 Earnings Call Transcript
Negative Sentiment: Costs and market reaction — Zacks and other coverage note rising operating costs and an early share decline after the print; investors worried about expense trends and margin sustainability weighed on the stock’s initial reaction. MTB Q4 Earnings Beat on Higher NII & Fee Income, Stock Down
Neutral Sentiment: Sector context — CNBC coverage highlights mixed results across regional banks this week; MTB’s shares are trading within that broader sector narrative, so macro/peer flows could influence near-term price action. Regional banks report mixed results

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.