MTB - M&T Bank Corp Stock Price, Fair Value and News

150.73USD+2.42 (+1.63%)Delayed as of 08 May 2024, 01:45 pm ET

Market Summary

USD150.73+2.42

Delayedas of 08 May 2024, 01:45 pm

1.63%

MTB Alerts

3 major insider sales recently.

MTB Stock Price

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MTB RSI Chart

MTB Valuation

Market Cap

24.7B

Price/Earnings (Trailing)

9.62

Price/Sales (Trailing)

2.32

EV/EBITDA

3.34

Price/Free Cashflow

6.05

MTB Price/Sales (Trailing)

MTB Profitability

EBT Margin

31.54%

Return on Equity

9.46%

Return on Assets

1.19%

Free Cashflow Yield

16.52%

MTB Fundamentals

MTB Revenue

Revenue (TTM)

10.6B

Rev. Growth (Yr)

17.96%

Rev. Growth (Qtr)

0.18%

MTB Earnings

Earnings (TTM)

2.6B

Earnings Growth (Yr)

-24.32%

Earnings Growth (Qtr)

10.07%

Breaking Down MTB Revenue

52 Week Range

110.45150.81

(Low)(High)

Last 7 days

2.7%

Last 30 days

6.9%

Last 90 days

13.6%

Trailing 12 Months

27.5%

How does MTB drawdown profile look like?

MTB Financial Health

Debt/Equity

0.42

Debt/Cashflow

0.36

MTB Investor Care

Dividend Yield

3.51%

Dividend/Share (TTM)

5.2

Shares Dilution (1Y)

0.59%

Diluted EPS (TTM)

14.8

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2024	10.6B	0	0	0
2023	7.6B	8.7B	9.6B	10.2B
2022	3.9B	4.3B	5.1B	6.2B
2021	4.1B	4.0B	4.0B	3.9B
2020	4.8B	4.6B	4.3B	4.2B
2019	4.7B	4.9B	4.9B	4.9B
2018	4.2B	4.3B	4.5B	4.6B
2017	3.9B	4.0B	4.1B	4.2B
2016	3.4B	3.6B	3.8B	3.9B
2015	3.0B	3.0B	3.0B	3.2B
2014	3.0B	2.9B	2.9B	3.0B
2013	3.0B	3.0B	3.0B	3.0B
2012	2.8B	2.9B	2.9B	2.9B
2011	2.7B	2.7B	2.8B	2.8B
2010	2.7B	2.8B	2.7B	2.7B
2009	3.0B	2.9B	2.8B	2.7B
2008	0	3.5B	3.4B	3.3B
2007	0	0	0	3.5B

Get all data in R, Python etc through our Historical Stock Data APIs

Tracking the Latest Insider Buys and Sells of M&T Bank Corp

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
May 06, 2024	walters kirk w	acquired	2,045,950	134	15,225	-
May 06, 2024	walters kirk w	sold	-2,394,730	148	-16,179	-
May 06, 2024	barnes john p	sold	-7,747,650	148	-52,187	-
May 06, 2024	barnes john p	acquired	7,171,540	137	52,187	-
May 03, 2024	barnes john p	sold	-1,963,950	147	-13,360	-
May 03, 2024	barnes john p	acquired	1,731,440	129	13,360	-
May 03, 2024	meister doris p.	sold	-495,125	147	-3,362	sr. executive vice president
Apr 30, 2024	rich melinda r	acquired	-	-	935	-
Apr 30, 2024	geisel gary n	acquired	-	-	970	-
Apr 30, 2024	salamone denis j	acquired	-	-	935	-

Which funds bought or sold MTB recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 06, 2024	Merit Financial Group, LLC	added	13.12	42,055	242,549	0.01%
May 06, 2024	HOWARD WEALTH MANAGEMENT, LLC	unchanged	-	20,591	358,219	0.29%
May 06, 2024	OLD SECOND NATIONAL BANK OF AURORA	unchanged	-	284	4,945	-%
May 06, 2024	Savant Capital, LLC	added	0.06	194,882	3,358,100	0.04%
May 06, 2024	Advisory Services Network, LLC	added	387	915,305	1,134,980	0.03%
May 06, 2024	Addison Advisors LLC	added	21.86	77,145	340,476	0.12%
May 06, 2024	HighTower Advisors, LLC	reduced	-4.22	119,000	8,079,000	0.01%
May 06, 2024	Parallel Advisors, LLC	added	2.7	47,382	576,289	0.02%
May 06, 2024	Carnegie Capital Asset Management, LLC	reduced	-6.02	-1,121	397,051	0.01%
May 06, 2024	Nordwand Advisors, LLC	sold off	-100	-6,169	-	-%

Are Funds Buying or Selling MTB?

Are funds buying MTB calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own MTB

No. of Funds

MTB Alerts

3 major insider sales recently.

Unveiling M&T Bank Corp's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	vanguard group inc	11.71%	19,433,884	SC 13G/A
Feb 09, 2024	wellington management group llp	8.04%	13,341,040	SC 13G/A
Jan 29, 2024	state street corp	5.51%	9,151,943	SC 13G/A
Jan 26, 2024	blackrock inc.	7.9%	13,109,596	SC 13G/A
Feb 09, 2023	fmr llc	-	0	SC 13G/A
Feb 09, 2023	vanguard group inc	11.79%	20,344,678	SC 13G/A
Feb 06, 2023	wellington management group llp	6.49%	11,207,528	SC 13G/A
Feb 03, 2023	state street corp	4.60%	7,948,380	SC 13G/A
Jan 31, 2023	blackrock inc.	7.5%	12,997,787	SC 13G/A
Feb 11, 2022	state street corp	5.83%	7,500,122	SC 13G/A

Recent SEC filings of M&T Bank Corp

View All Filings

Date Filed	Form Type	Document
May 07, 2024	FWP	Prospectus Filed
May 07, 2024	4	Insider Trading
May 07, 2024	4	Insider Trading
May 07, 2024	4	Insider Trading
May 07, 2024	13F-HR	Fund Holdings Report
May 06, 2024	424B5	Prospectus Filed
May 06, 2024	144	Notice of Insider Sale Intent
May 06, 2024	144	Notice of Insider Sale Intent
May 03, 2024	8-K	Current Report
May 03, 2024	144	Notice of Insider Sale Intent

Peers (Alternatives to M&T Bank Corp)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
JPM	550.7B	174.7B	-2.88%	39.91%	10.94	3.15	53.11%	19.83%
BAC	296.0B	127.4B	1.99%	36.69%	11.83	2.15	56.12%	-12.56%
WFC	210.0B	85.8B	4.95%	56.96%	11.19	2.45	35.02%	26.14%
C	118.3B	125.0B	0.65%	33.74%	14.8	0.95	37.85%	-
CFG	16.2B	10.4B	4.71%	38.12%	11.31	1.55	26.22%	-33.87%
KEY	14.1B	8.1B	-0.80%	54.34%	16.12	1.73	32.15%	-50.93%
MID-CAP
CMA	7.1B	4.2B	1.12%	47.25%	10.15	1.66	34.68%	-45.96%
ZION	6.5B	3.9B	4.13%	80.63%	9.55	1.64	45.91%	-25.03%
ABCB	3.4B	1.3B	5.29%	67.41%	12.7	2.67	43.24%	-22.35%
ASB	3.3B	1.8B	5.37%	45.89%	20.77	1.64	47.11%	-59.32%
SMALL-CAP
AMNB	497.6M	120.2M	6.68%	49.76%	19.02	4.14	45.65%	-13.98%
ALRS	399.1M	152.4M	-3.36%	49.04%	40.14	2.62	16.94%	-73.84%
AROW	389.7M	162.6M	0.47%	17.60%	12.96	2.4	25.39%	-38.37%
ACNB	273.7M	96.6M	-5.55%	16.05%	8.64	2.83	11.02%	-11.37%
ASRV	40.3M	60.9M	-4.84%	-16.90%	-12.04	0.66	24.06%	-144.92%

M&T Bank Corp News

Latest updates

M&T Bank Corp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	0.2%	2,745	2,740	2,641	2,516	2,327	2,072	1,782	1,465	928	959	993	970	1,017	1,039	1,001	1,032	1,120	1,186	1,229	1,238	1,226
EBITDA Margin	-7.5%	0.97*	1.05*	1.19*	1.29*	1.30*	1.37*	1.42*	1.47*	1.62*	1.63*	1.62*	1.57*	-	-	-	-	-	-	-	-	-
Interest Expenses	-2.5%	1,680	1,722	1,775	1,799	1,818	1,827	1,679	1,412	904	934	967	942	981	989	943	957	977	1,009	1,030	1,041	1,050
Income Taxes	-7.2%	133	143	217	293	225	246	201	60.00	113	142	162	148	145	149	115	71.00	81.00	159	155	152	152
Earnings Before Taxes	6.1%	664	626	907	1,160	926	1,012	848	278	475	600	657	606	593	621	487	312	350	652	635	626	634
EBT Margin	-10.9%	0.32*	0.35*	0.42*	0.45*	0.40*	0.42*	0.43*	0.46*	0.61*	0.62*	0.62*	0.57*	-	-	-	-	-	-	-	-	-
Net Income	10.1%	531	482	690	867	702	766	647	218	362	458	495	458	447	471	372	241	269	493	480	473	483
Net Income Margin	-9.9%	0.24*	0.27*	0.32*	0.34*	0.30*	0.32*	0.33*	0.35*	0.46*	0.47*	0.47*	0.43*	-	-	-	-	-	-	-	-	-
Free Cashflow	-24.0%	608	800	1,420	1,257	428	954	1,137	1,187	1,296	697	486	537	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2
Assets	3.3%	215,137	208,264	209,124	207,672	202,956	200,730	199,343	197,955	204,033	149,864	155,107	151,901	150,623	150,481	142,601	138,627	139,537	124,578	119,873	125,501	121,555
Cash Equivalents	-2.1%	1,695	1,731	1,769	1,848	1,818	1,520	-	2,256	1,688	1,411	1,338	1,480	1,410	1,260	1,553	1,489	1,355	1,298	1,436	1,819	1,272
Net PPE	-1.8%	1,707	1,739	1,681	1,673	1,664	1,654	-	1,620	1,600	1,135	1,145	1,118	1,117	1,149	1,162	1,147	1,155	1,155	1,141	1,074	1,067
Goodwill	0%	8,465	8,465	8,465	8,465	8,490	8,490	-	8,501	8,501	3,900	4,593	4,593	4,593	4,593	4,593	4,593	4,593	4,593	4,593	4,593	4,593
Liabilities	3.7%	187,968	181,307	182,928	181,871	177,579	175,412	-	172,699	178,238	131,988	137,204	134,372	133,902	134,035	126,414	122,526	123,592	108,762	104,156	109,721	105,863
Short Term Borrowings	-9.8%	4,795	5,316	6,731	7,908	6,995	3,555	-	918	1,119	50.00	47.00	104	91.00	59.00	59.00	46.00	52.00	59.00	62.00	5,514	4,611
Long Term Debt	39.6%	11,450	8,201	7,123	7,417	7,463	3,965	-	3,459	3,017	3,444	3,485	3,500	3,499	3,499	4,382	5,459	6,321	6,321	6,986	7,003	7,656
Shareholder's Equity	0.8%	27,169	26,957	26,197	25,801	25,377	25,318	6.00	25,256	25,795	17,876	17,903	17,529	16,720	16,447	16,187	16,101	15,945	15,816	15,717	15,780	15,692
Retained Earnings	1.6%	17,812	17,524	17,284	16,837	16,212	15,754	-	15,220	14,809	14,831	14,646	14,366	14,030	13,732	13,444	13,132	12,919	12,837	12,821	12,490	12,162
Additional Paid-In Capital	-0.4%	9,976	10,020	10,012	10,000	9,986	10,002	-	9,994	9,987	6,612	6,635	6,625	6,621	6,611	6,617	6,610	6,599	6,588	6,594	6,585	6,578
Shares Outstanding	-	166	-	166	167	168	-	173	160	177	129	-	129	129	129	-	-	-	-	-	-	-
Float	-	-	-	-	19,900,658,494	-	-	-	-	27,304,085,267	-	-	-	18,124	-	-	-	12,939	-	-	-	22,178

Cashflow (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Cashflow (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-24.0%	608	800	1,420	1,257	428	954	1,137	1,187	1,296	697	486	537	995	664	-6.01	526	-394	1,131	747	67.00	413
Cashflow From Investing	-1137.0%	-7,082	683	-1,907	-4,901	-1,747	-3,665	6,219	9,843	4,196	-3,452	-1,195	-50.62	-8,931	-4,043	967	-15,091	-3,852	4,727	-3,418	-852	271
Cashflow From Financing	523.3%	6,438	-1,520	408	3,675	1,617	1,976	-6,788	-10,753	-5,417	2,614	779	-335	7,644	3,443	-826	14,623	4,109	-6,240	3,220	790	-1,022
Dividend Payments	2.5%	221	216	216	216	221	205	209	213	157	154	142	142	142	142	142	142	143	145	133	134	140
Buy Backs	-	-	-	-	-	594	600	600	-	-	-	-	-	-	-	-	-	374	282	300	402	366

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MTB Income Statement

2024-03-31

Consolidated Statement of Income (Unaudited) - USD ($) shares in Thousands, $ in Millions	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Interest income
Loans and leases, including fees	$ 2,097	$ 1,850
Investment securities
Fully taxable	212	181
Exempt from federal taxes	16	17
Deposits at banks	419	278
Other	1	1
Total interest income	2,745	2,327
Interest expense
Savings and interest-checking deposits	615	277
Time deposits	225	89
Short-term borrowings	84	58
Long-term borrowings	141	85
Total interest expense	1,065	509
Net interest income	1,680	1,818
Provision for credit losses	200	120
Net interest income after provision for credit losses	1,480	1,698
Other income
Brokerage services income	29	24
Trading account and other non-hedging derivative gains	9	12
Gain (loss) on bank investment securities	2
Other revenues from operations	152	159
Total other income	580	587
Other expense
Salaries and employee benefits	833	808
Equipment and net occupancy	129	127
Outside data processing and software	120	106
Professional and other services	85	125
FDIC assessments	60	30
Advertising and marketing	20	31
Amortization of core deposit and other intangible assets	15	17
Other costs of operations	134	115
Total other expense	1,396	1,359
Income before taxes	664	926
Income taxes	133	224
Net income	531	702
Net income available to common shareholders
Basic	505	676
Diluted	$ 505	$ 676
Net income per common share
Basic	$ 3.04	$ 4.03
Diluted	$ 3.02	$ 4.01
Average common shares outstanding
Basic	166,460	167,732
Diluted	167,084	168,410
Mortgage Banking Revenues [Member]
Other income
Revenue from contract with customer	$ 104	$ 85
Service Charges on Deposit Accounts [Member]
Other income
Revenue from contract with customer	124	113
Trust Income [Member]
Other income
Revenue from contract with customer	$ 160	$ 194

MTB Balance Sheet

2024-03-31

Consolidated Balance Sheet (Unaudited) - USD ($) $ in Millions	Mar. 31, 2024	Dec. 31, 2023
Assets
Cash and due from banks	$ 1,695	$ 1,731
Interest-bearing deposits at banks	32,144	28,069
Trading account	99	106
Investment securities
Available for sale (cost: $12,396 at March 31, 2024; $10,691 at December 31, 2023)	12,134	10,440
Held to maturity (fair value: $13,865 at March 31, 2024; $14,308 at December 31, 2023)	15,078	15,330
Equity and other securities (cost: $1,279 at March 31, 2024; $1,125 at December 31, 2023)	1,284	1,127
Total investment securities	28,496	26,897
Loans and leases, net of unearned discount of $928 at March 31, 2024 and $868 at December 31, 2023	134,973	134,068
Allowance for credit losses	(2,191)	(2,129)
Loans and leases, net	132,782	131,939
Premises and equipment	1,707	1,739
Goodwill	8,465	8,465
Core deposit and other intangible assets	132	147
Accrued interest and other assets	9,617	9,171
Total assets	215,137	208,264
Liabilities
Noninterest-bearing deposits	50,578	49,294
Savings and interest-checking deposits	96,339	93,221
Time deposits	20,279	20,759
Total deposits	167,196	163,274
Short-term borrowings	4,795	5,316
Accrued interest and other liabilities	4,527	4,516
Long-term borrowings	11,450	8,201
Total liabilities	187,968	181,307
Shareholders' equity
Preferred stock, $1.00 par, 20,000,000 shares authorized; Issued and outstanding: Liquidation preference of $1,000 per share: 350,000 shares at March 31, 2024 and December 31, 2023; Liquidation preference of $10,000 per share: 140,000 shares at March 31, 2024 and December 31, 2023; Liquidation preference of $25 per share: 10,000,000 shares at March 31, 2024 and December 31, 2023	2,011	2,011
Common stock, $0.50 par, 250,000,000 shares authorized, 179,436,779 shares issued at March 31, 2024 and December 31, 2023	90	90
Common stock issuable, [11,458] shares at March 31, 2024; 12,217 shares at December 31, 2023	1	1
Additional paid-in capital	9,976	10,020
Retained earnings	17,812	17,524
Accumulated other comprehensive income (loss), net	(589)	(459)
Treasury stock - common, at cost - [12,724,121] shares at March 31, 2024; 13,300,298 shares at December 31, 2023	(2,132)	(2,230)
Total shareholders’ equity	27,169	26,957
Total liabilities and shareholders’ equity	$ 215,137	$ 208,264

About M&T Bank Corp

M&T Bank Corporation operates as a bank holding company for Manufacturers and Traders Trust Company and Wilmington Trust, National Association that offer retail and commercial banking products and services in the United States. The company's Business Banking segment offers deposit, lending, cash management, and other financial services to small businesses and professionals. Its Commercial Banking segment provides deposit products, commercial lending and leasing, letters of credit, and cash management services for middle-market and large commercial customers. The company's Commercial Real Estate segment originates, sells, and services commercial real estate loans; and offers deposit, and credit services. Its Discretionary Portfolio segment provides deposits, securities, residential real estate loans, and other assets; and short and long term borrowed funds, as well as foreign exchange services. The company's Residential Mortgage Banking segment offers residential real estate loans for consumers and sells those loans in the secondary market; and purchases servicing rights to loans, and sub-services residential real estate loans for others. Its Retail Banking segment offers demand, savings, and time accounts; consumer installment loans, automobile and recreational finance loans, home equity loans and lines of credit, and credit cards; mutual funds and annuities; and other services. The company also provides trust and wealth management; fiduciary and custodial; insurance agency; institutional brokerage and securities; and investment management and advisory services; financial management, and planning, leasing, and financing services. It offers its services through banking offices, business banking centers, telephone and internet banking, and automated teller machines. M&T Bank Corporation was founded in 1856 and is headquartered in Buffalo, New York.

CEO	Mr. Rene F. Jones CPA
WEBSITE	https://www3.mtb.com
INDUSTRY	Banks Diversified
EMPLOYEES	22946

M&T Bank Corp Frequently Asked Questions

What is the ticker symbol for M&T Bank Corp? What does MTB stand for in stocks?

MTB is the stock ticker symbol of M&T Bank Corp. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of M&T Bank Corp (MTB)?

As of Tue May 07 2024, market cap of M&T Bank Corp is 24.73 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of MTB stock?

You can check MTB's fair value in chart for subscribers.

What is the fair value of MTB stock?

You can check MTB's fair value in chart for subscribers. The fair value of M&T Bank Corp is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of M&T Bank Corp is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for MTB so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is M&T Bank Corp a good stock to buy?

The fair value guage provides a quick view whether MTB is over valued or under valued. Whether M&T Bank Corp is cheap or expensive depends on the assumptions which impact M&T Bank Corp's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for MTB.

What is M&T Bank Corp's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Tue May 07 2024, MTB's PE ratio (Price to Earnings) is 9.62 and Price to Sales (PS) ratio is 2.32. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. MTB PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on M&T Bank Corp's stock?

In the past 10 years, M&T Bank Corp has provided 0.042 (multiply by 100 for percentage) rate of return.