11 favored bank stocks that still trade at cheap valuations
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Sep 26 2024
0mins
Source: MarketWatch
Bank Stocks Performance: Bank stocks are experiencing a rally, with several analysts favoring certain stocks that remain undervalued compared to their book value as funding costs decrease.
Investor Concerns: Investor sentiment has been negatively impacted by significant events such as the failures of large regional banks in 2023, pressures on commercial real estate valuations, and high short-term interest rates affecting lenders' profit margins.
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Analyst Views on MTB
Wall Street analysts forecast MTB stock price to rise
13 Analyst Rating
4 Buy
9 Hold
0 Sell
Moderate Buy
Current: 203.780
Low
210.00
Averages
229.25
High
251.00
Current: 203.780
Low
210.00
Averages
229.25
High
251.00
About MTB
M&T Bank Corporation is a financial holding company. The Company’s principal banking subsidiary, M&T Bank, provides banking products and services with a branch and ATM network spanning the eastern United States from Maine to Virginia and Washington, D.C. Trust-related services are provided in select markets in the United States and abroad by its Wilmington Trust-affiliated companies and by M&T Bank. Its segments include Commercial Bank, Retail Bank and Institutional Services and Wealth Management. The Commercial Bank segment provides a range of credit products and banking services to middle-market and large commercial customers, mainly within the markets served by the Company. The Retail Bank segment provides a wide range of services to consumers and small businesses through the Company’s branch network and several other delivery channels. The Institutional Services and Wealth Management segment provides a variety of trustee, agency, investment management and administrative services.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
M&T Bank to Announce Q1 2026 Earnings Results
- Earnings Release Schedule: M&T Bank is set to announce its Q1 2026 earnings results before the market opens on April 15, 2026, which is expected to provide critical financial data and business performance insights, aiding investors in assessing the company's financial health.
- Conference Call Details: Following the earnings release, M&T will hold a conference call and webcast at 8:00 a.m. ET, allowing participants to dial in at 800-347-7315 (domestic) or 785-424-1755 (international), ensuring timely access to the latest information for investors.
- Replay Availability: A replay of the conference call will be available until April 22, 2026, with domestic callers using 800-723-5759 and international callers using 402-220-2662, providing convenience for investors who cannot attend live.
- Webcast Access: The conference call will be webcast live on M&T's website, with the replay expected to be accessible by 3:00 p.m. on April 15, 2026, further enhancing information transparency and investor engagement.
See More
M&T Bank to Announce Q1 2026 Earnings Results
- Earnings Announcement Schedule: M&T Bank is set to release its Q1 2026 earnings results before the market opens on April 15, 2026, providing investors with crucial insights into its financial performance and future growth potential.
- Conference Call Details: Following the earnings release, M&T will host a conference call and webcast at 8:00 a.m. ET, allowing participants to dial in toll-free at 800-347-7315 or internationally at 785-424-1755, ensuring global investor engagement in the discussion.
- Replay and Archive Availability: The call replay will be accessible until April 22, 2026, with investors able to listen by calling 800-723-5759 or 402-220-2662 (international) without needing a conference ID or passcode, facilitating easy access to the information.
- Company Background: M&T Bank Corporation, headquartered in Buffalo, New York, offers banking products and services across the eastern U.S., with trust-related services available in select markets domestically and internationally, highlighting its extensive market reach.
See More
M&T Bank Releases Shareholder Letter Highlighting Financial Performance
- Strong Financial Performance: M&T Bank achieved record earnings last year, demonstrating robust financial performance despite geopolitical and interest rate uncertainties, highlighting its solid foundation and potential for sustained growth in key markets.
- Investment in Technology and Talent: The bank is increasing investments in technology and talent to innovate and better serve clients, thereby enhancing customer satisfaction and market competitiveness, ensuring long-term sustainability.
- Navigating Economic Challenges: By focusing on generating high-quality earnings rather than chasing short-term growth, M&T Bank has distinguished itself in a complex economic environment, showcasing strong resilience against risks in the banking sector.
- Employee Gratitude and Culture: CEO René Jones expressed gratitude to employees in his letter, emphasizing the uniqueness of the company culture and asserting that exceptional talent is crucial for navigating change, fostering innovation, and meeting client needs, which lays a solid foundation for the bank's future growth.
See More
M&T Bank Reports Record Earnings and Strategic Innovations in 2025
- Outstanding Financial Performance: M&T Bank achieved a record $2.88 billion in earnings for 2025, demonstrating its ability to outperform peers in an uncertain operating environment, thereby solidifying its market position.
- Technology Transformation Outcomes: The bank's investments in technology and talent have driven business innovation and improved customer service quality, ensuring long-term sustainable growth.
- Market Adaptability: In the face of multiple uncertainties, including geopolitical tensions and interest rate fluctuations, M&T Bank focused on generating high-quality earnings, avoiding the pursuit of short-term growth, which has allowed it to maintain a competitive edge.
- Commitment to Employee Development: Chairman and CEO René Jones reiterated the importance of employees, emphasizing that top talent is crucial for the bank's adaptability, innovation, and ability to meet client needs, ensuring the company's competitiveness in the future.
See More
S&P 500 Stock Analysis: Buy and Sell Recommendations
- Dover's Dismal Outlook: Dover (DOV), with a market cap of $29.92 billion, has shown no organic revenue growth over the past two years, indicating a reliance on acquisitions for expansion, while its earnings per share have only grown by 4.6% annually, suggesting declining profitability; trading at $221.88 per share, it has a forward P/E of 20.8, raising investment risks.
- M&T Bank's Lackluster Growth: M&T Bank (MTB), valued at $32.67 billion, has experienced muted annual revenue growth of just 1.4% over the last two years, trailing its peers, with earnings per share growth at only 4.2%, and an estimated tangible book value growth of 4.5% for the next 12 months, trading at $215 per share with a forward P/B of 1.2, warranting caution for investors.
- Palantir's Strong Performance: Palantir Technologies (PLTR), with a market cap of $366.4 billion, has averaged 59.5% billings growth over the past year, indicating a robust pipeline of new contracts, enabling clients to quickly ramp up spending and recover customer acquisition costs; currently priced at $153.51, it has a forward price-to-sales ratio of 52.2, reflecting strong growth potential.
- Market Disparity Intensifies: The current market is rapidly distinguishing quality stocks from overvalued ones, with AI technologies swiftly transforming sectors; investors should focus on emerging stocks, as StockStory's AI system has successfully identified several potential winners, helping investors seize market opportunities.
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KBWB ETF 52-Week Price Analysis
- Price Range Analysis: KBWB ETF's 52-week low is $51.125 and high is $91.435, with the last trade at $84.00, indicating significant volatility and shifts in investor sentiment within the market.
- Technical Analysis Tool: Comparing the current share price to the 200-day moving average provides investors with valuable insights for technical analysis, aiding in the assessment of market trends and potential buy or sell opportunities.
- ETF Unit Trading Mechanism: ETFs trade similarly to stocks, where investors buy and sell 'units' that can be created or destroyed based on investor demand, impacting the underlying holdings of the ETF.
- Inflows and Outflows Monitoring: Weekly monitoring of changes in shares outstanding helps identify ETFs experiencing notable inflows or outflows, where inflows necessitate the purchase of underlying assets, while outflows may lead to the sale of these assets, thereby affecting individual stock performance.
See More
M&T Bank to Announce Q1 2026 Earnings Results
- Earnings Release Schedule: M&T Bank is set to announce its Q1 2026 earnings results before the market opens on April 15, 2026, which is expected to provide critical financial data and business performance insights, aiding investors in assessing the company's financial health.
- Conference Call Details: Following the earnings release, M&T will hold a conference call and webcast at 8:00 a.m. ET, allowing participants to dial in at 800-347-7315 (domestic) or 785-424-1755 (international), ensuring timely access to the latest information for investors.
- Replay Availability: A replay of the conference call will be available until April 22, 2026, with domestic callers using 800-723-5759 and international callers using 402-220-2662, providing convenience for investors who cannot attend live.
- Webcast Access: The conference call will be webcast live on M&T's website, with the replay expected to be accessible by 3:00 p.m. on April 15, 2026, further enhancing information transparency and investor engagement.
See More
M&T Bank to Announce Q1 2026 Earnings Results
- Earnings Announcement Schedule: M&T Bank is set to release its Q1 2026 earnings results before the market opens on April 15, 2026, providing investors with crucial insights into its financial performance and future growth potential.
- Conference Call Details: Following the earnings release, M&T will host a conference call and webcast at 8:00 a.m. ET, allowing participants to dial in toll-free at 800-347-7315 or internationally at 785-424-1755, ensuring global investor engagement in the discussion.
- Replay and Archive Availability: The call replay will be accessible until April 22, 2026, with investors able to listen by calling 800-723-5759 or 402-220-2662 (international) without needing a conference ID or passcode, facilitating easy access to the information.
- Company Background: M&T Bank Corporation, headquartered in Buffalo, New York, offers banking products and services across the eastern U.S., with trust-related services available in select markets domestically and internationally, highlighting its extensive market reach.
See More
M&T Bank Releases Shareholder Letter Highlighting Financial Performance
- Strong Financial Performance: M&T Bank achieved record earnings last year, demonstrating robust financial performance despite geopolitical and interest rate uncertainties, highlighting its solid foundation and potential for sustained growth in key markets.
- Investment in Technology and Talent: The bank is increasing investments in technology and talent to innovate and better serve clients, thereby enhancing customer satisfaction and market competitiveness, ensuring long-term sustainability.
- Navigating Economic Challenges: By focusing on generating high-quality earnings rather than chasing short-term growth, M&T Bank has distinguished itself in a complex economic environment, showcasing strong resilience against risks in the banking sector.
- Employee Gratitude and Culture: CEO René Jones expressed gratitude to employees in his letter, emphasizing the uniqueness of the company culture and asserting that exceptional talent is crucial for navigating change, fostering innovation, and meeting client needs, which lays a solid foundation for the bank's future growth.
See More
M&T Bank Reports Record Earnings and Strategic Innovations in 2025
- Outstanding Financial Performance: M&T Bank achieved a record $2.88 billion in earnings for 2025, demonstrating its ability to outperform peers in an uncertain operating environment, thereby solidifying its market position.
- Technology Transformation Outcomes: The bank's investments in technology and talent have driven business innovation and improved customer service quality, ensuring long-term sustainable growth.
- Market Adaptability: In the face of multiple uncertainties, including geopolitical tensions and interest rate fluctuations, M&T Bank focused on generating high-quality earnings, avoiding the pursuit of short-term growth, which has allowed it to maintain a competitive edge.
- Commitment to Employee Development: Chairman and CEO René Jones reiterated the importance of employees, emphasizing that top talent is crucial for the bank's adaptability, innovation, and ability to meet client needs, ensuring the company's competitiveness in the future.
See More
S&P 500 Stock Analysis: Buy and Sell Recommendations
- Dover's Dismal Outlook: Dover (DOV), with a market cap of $29.92 billion, has shown no organic revenue growth over the past two years, indicating a reliance on acquisitions for expansion, while its earnings per share have only grown by 4.6% annually, suggesting declining profitability; trading at $221.88 per share, it has a forward P/E of 20.8, raising investment risks.
- M&T Bank's Lackluster Growth: M&T Bank (MTB), valued at $32.67 billion, has experienced muted annual revenue growth of just 1.4% over the last two years, trailing its peers, with earnings per share growth at only 4.2%, and an estimated tangible book value growth of 4.5% for the next 12 months, trading at $215 per share with a forward P/B of 1.2, warranting caution for investors.
- Palantir's Strong Performance: Palantir Technologies (PLTR), with a market cap of $366.4 billion, has averaged 59.5% billings growth over the past year, indicating a robust pipeline of new contracts, enabling clients to quickly ramp up spending and recover customer acquisition costs; currently priced at $153.51, it has a forward price-to-sales ratio of 52.2, reflecting strong growth potential.
- Market Disparity Intensifies: The current market is rapidly distinguishing quality stocks from overvalued ones, with AI technologies swiftly transforming sectors; investors should focus on emerging stocks, as StockStory's AI system has successfully identified several potential winners, helping investors seize market opportunities.
See More
KBWB ETF 52-Week Price Analysis
- Price Range Analysis: KBWB ETF's 52-week low is $51.125 and high is $91.435, with the last trade at $84.00, indicating significant volatility and shifts in investor sentiment within the market.
- Technical Analysis Tool: Comparing the current share price to the 200-day moving average provides investors with valuable insights for technical analysis, aiding in the assessment of market trends and potential buy or sell opportunities.
- ETF Unit Trading Mechanism: ETFs trade similarly to stocks, where investors buy and sell 'units' that can be created or destroyed based on investor demand, impacting the underlying holdings of the ETF.
- Inflows and Outflows Monitoring: Weekly monitoring of changes in shares outstanding helps identify ETFs experiencing notable inflows or outflows, where inflows necessitate the purchase of underlying assets, while outflows may lead to the sale of these assets, thereby affecting individual stock performance.
See More
