M&T Bank Corporation (MTB)
- Previous Close
139.30 - Open
139.92 - Bid --
- Ask --
- Day's Range
139.55 - 143.18 - 52 Week Range
108.53 - 148.23 - Volume
774,221 - Avg. Volume
1,202,751 - Market Cap (intraday)
23.781B - Beta (5Y Monthly) 0.78
- PE Ratio (TTM)
9.65 - EPS (TTM)
14.79 - Earnings Date Jul 18, 2024
- Forward Dividend & Yield 5.20 (3.73%)
- Ex-Dividend Date Mar 1, 2024
- 1y Target Est
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M&T Bank Corporation operates as a bank holding company for Manufacturers and Traders Trust Company and Wilmington Trust, National Association that engages in the provision of retail and commercial banking products and services in the United States. The company operates through three segments: Commercial Bank, Retail Bank, and Institutional Services and Wealth Management. It offers a range of credit products and banking services, such as commercial lending and leasing, letters of credits, commercial real estate loans, and credit facilities secured by various commercial real estate to middle-market and large commercial customers. The company also provides customers deposit products, including demand, savings and time accounts, and other services; automobile and recreational finance loans, home equity loans and lines of credit, credit cards, and other loan products, as well as residential mortgage and real estate loans; business loans, cash management, payroll, and direct deposit services to consumers and small businesses through branch network, telephone banking, internet banking, and automated teller machines. In addition, it offers trustee, agency, investment management, security brokerage, and administrative services; personal trust, planning, fiduciary, asset management, family office, and other services; and investment products, including mutual funds and annuities, and other services for corporations and institutions, investment bankers, corporate tax, finance and legal executives, and other institutional clients. The company was founded in 1856 and is headquartered in Buffalo, New York.
www3.mtb.com21,736
Full Time Employees
December 31
Fiscal Year Ends
Sector
Industry
Recent News: MTB
Performance Overview: MTB
Trailing total returns as of 4/19/2024, which may include dividends or other distributions. Benchmark is .
YTD Return
1-Year Return
3-Year Return
5-Year Return
Compare To: MTB
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Statistics: MTB
Valuation Measures
Market Cap
23.21B
Enterprise Value
--
Trailing P/E
9.41
Forward P/E
9.99
PEG Ratio (5yr expected)
--
Price/Sales (ttm)
2.51
Price/Book (mrq)
0.92
Enterprise Value/Revenue
--
Enterprise Value/EBITDA
--
Financial Highlights
Profitability and Income Statement
Profit Margin
29.29%
Return on Assets (ttm)
1.23%
Return on Equity (ttm)
9.78%
Revenue (ttm)
8.77B
Net Income Avi to Common (ttm)
2.46B
Diluted EPS (ttm)
14.79
Balance Sheet and Cash Flow
Total Cash (mrq)
33.94B
Total Debt/Equity (mrq)
--
Levered Free Cash Flow (ttm)
--
Research Analysis: MTB
Fair Value
Analyst Recommendations
- Strong Buy
- Buy
- Hold
- Underperform
- Sell
Research Reports: MTB
Analyst Report: M&T Bank Corporation
M&T Bank is one of the largest regional banks in the United States, with branches in New York, Pennsylvania, West Virginia, Virginia, Maryland, Delaware, and New Jersey. The bank was founded to serve manufacturing and trading businesses around the Erie Canal and is primarily focused on commercial real estate and commercial-related lending, with some retail operations also present.
RatingNeutralPrice TargetMarket Update: FL, MTB
Stocks are up at midday trading on Monday following a volatile week. The 10-year Treasury yields are the highest since November on the heels of strong retail sales data. U.S. retail sales were above expectations, rising 0.7% in March. This follows an upwardly revised 0.9% increase in February. Sales excluding automobiles were up 1.1%, and excluding gasoline were up 0.6%. Among the advancing sales categories were gasoline stations (+2.1%), general merchandise (+1.1%) and building material & garden stores (+0.7%). Among the declining sales categories were sporting goods, hobby, music & bookstores (-1.8%), clothing (-1.6%) and electronic & appliances (-1.2%).The Dow was up 0.5%, while the S&P 500 gained 0.4% and the Nasdaq rose 0.1%. Crude oil is trading near above $84 per barrel and gold fell $6 to $2368 per ounce.
Analyst Report: M & T Bank Corp
Headquartered in Buffalo, New York, M&T Bank Corp. is a bank holding company that operates branch offices in New York, Maryland, New Jersey, Pennsylvania, Delaware, Connecticut, Virginia, West Virginia, and the District of Columbia. The company was founded in 1856.
RatingBullishPrice TargetMarket Update: FL, MTB
Stocks are up at midday trading on Monday following a volatile week. The 10-year Treasury yields are the highest since November on the heels of strong retail sales data. U.S. retail sales were above expectations, rising 0.7% in March. This follows an upwardly revised 0.9% increase in February. Sales excluding automobiles were up 1.1%, and excluding gasoline were up 0.6%. Among the advancing sales categories were gasoline stations (+2.1%), general merchandise (+1.1%) and building material & garden stores (+0.7%). Among the declining sales categories were sporting goods, hobby, music & bookstores (-1.8%), clothing (-1.6%) and electronic & appliances (-1.2%).The Dow was up 0.5%, while the S&P 500 gained 0.4% and the Nasdaq rose 0.1%. Crude oil is trading near above $84 per barrel and gold fell $6 to $2368 per ounce.