MTB

M&T Bank Corp

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Advanced Chart

193.770

+0.1(0.052%)1D

Overview
Forecast
Valuation
Earnings

Line

Candle

YTD

High

194.060

Open

192.680

VWAP

193.27

Vol

779.37K

Mkt Cap

30.33B

Low

190.1696

Amount

150.63M

EV/EBITDA(TTM)

11.96

Total Shares

166.85M

45.05B

EV/OCF(TTM)

P/S(TTM)

3.88

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.

Market Estimates

Earnings Estimates

Revenue

YoY Chg

EPS

YoYChg

FY2026Q1

FY2025Q4

FY2025Q3

2.45B

+6.24%

4.035

+21.54%

2.48B

+3.88%

4.529

+20%

2.45B

+4.87%

4.358

+8.09%

Estimates Revision

The market is revising No Change the revenue expectations for M&T Bank Corporation (MTB) for FY2025, with the revenue forecasts being adjusted by 0% over the past three months. During the same period, the stock price has changed by 14.85%.

Revenue Estimates for FY2025

No Change

0.00%

In Past 3 Month

EPS Estimates for FY2025

No Change

0.00%

In Past 3 Month

Stock Price

Go Up

+14.85%

In Past 3 Month

16 Analyst Rating

5.97% Upside

Wall Street analysts forecast MTB stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for MTB is 205.34 USD with a low forecast of 175.00 USD and a high forecast of 236.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

10 Buy

5 Hold

1 Sell

Moderate Buy

5.97% Upside

Current: 193.770

Low

175.00

Averages

205.34

High

236.00

5.97% Upside

Current: 193.770

Low

175.00

Averages

205.34

High

236.00

DA Davidson

Neutral

maintain

$189 -> $207

2025-07-17

Reason

DA Davidson

Price Target

$189 -> $207

2025-07-17

maintain

Neutral

Reason

DA Davidson raised the firm's price target on M&T Bank to $207 from $189 and keeps a Neutral rating on the shares. The company reported a solid quarter, with core EPS beating consensus thanks to stronger fees and lower credit costs, though it was overshadowed by reduced net interest income guidance for 2025 due to weaker than expected loan growth, the analyst tells investors in a research note.

Wells Fargo

Underweight

maintain

$175 -> $185

2025-07-16

Reason

Wells Fargo

Price Target

$175 -> $185

2025-07-16

maintain

Underweight

Reason

Wells Fargo raised the firm's price target on M&T Bank to $185 from $175 and keeps an Underweight rating on the shares. The company's Q2 earnings were solid with good fees and positive operating leverage, but this was also "largely expected", with upside coming from improving credit and lower shares as the bank had repurchased $1.1B of stock, the analyst tells investors in a research note.

BofA

Ebrahim Poonawala

maintain

$198 -> $223

2025-07-13

Reason

BofA

Ebrahim Poonawala

Price Target

$198 -> $223

2025-07-13

maintain

Reason

BofA analyst Ebrahim Poonawala raised the firm's price target on M&T Bank to $223 from $198 and keeps a Buy rating on the shares. The firm adjusted regional bank price targets as part of a Q2 earnings preview. A lack of interest rate cuts delay a rebound in growth, but "resilient" earnings, an acceleration in loan growth, and investment banking activity server as catalysts for the stocks, the analyst tells investors in a research note.

JPMorgan

Andrew Dietrich

Neutral

maintain

2025-07-10

Reason

JPMorgan

Andrew Dietrich

Price Target

2025-07-10

maintain

Neutral

Reason

JPMorgan analyst Andrew Dietrich raised the firm's price target on M&T Bank to $205.50 from $180.50 and keeps a Neutral rating on the shares as part of a Q2 preview for the large cap banks. The firm attributes the recent outperformance of the large bank stocks to hope for a continued good economy and regulatory benefits with some reduction in capital requirements. In the near term, JPMorgan expects large bank stocks to remain in a narrow range due to "moderate fundamentals" and above average valuations.

Keefe Bruyette

Market Perform

maintain

$200 -> $217

2025-07-09

Reason

Keefe Bruyette

Price Target

$200 -> $217

2025-07-09

maintain

Market Perform

Reason

Keefe Bruyette raised the firm's price target on M&T Bank to $217 from $200 and keeps a Market Perform rating on the shares following a transfer of coverage. The firm is bullish on the long-term structural benefits of scale for the large-cap banks. It prefers business models that can produce leading returns with high degrees of predictability.

Morgan Stanley

Overweight

maintain

$215 -> $236

2025-07-03

Reason

Morgan Stanley

Price Target

$215 -> $236

2025-07-03

maintain

Overweight

Reason

Morgan Stanley raised the firm's price target on M&T Bank to $236 from $215 and keeps an Overweight rating on the shares. Midcap banks are trading at their widest discount to the largest banks in over 10 years, and the setup is positive going into earnings with green shoots on loan acceleration, benign credit and ongoing benefits to net interest income, the analyst tells investors in a research note.

See All Ratings

Valuation Metrics

The current forward P/E ratio for M&T Bank Corp (MTB.N) is 10.98, compared to its 5-year average forward P/E of 10.52. For a more detailed relative valuation and DCF analysis to assess M&T Bank Corp 's fair value, click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.

Fair

5Y Average PE

10.52

Current PE

10.98

Overvalued PE

12.19

Undervalued PE

8.85

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.

N/A

5Y Average EV/EBITDA

0.00

Current EV/EBITDA

0.00

Overvalued EV/EBITDA

0.00

Undervalued EV/EBITDA

0.00

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.

Fair

5Y Average PS

2.80

Current PS

3.11

Overvalued PS

3.21

Undervalued PS

2.40