Zacks Research Issues Positive Outlook for M&T Bank Earnings

M&T Bank Corporation (NYSE:MTB) – Equities researchers at Zacks Research lifted their Q2 2026 EPS estimates for M&T Bank in a research note issued to investors on Thursday, October 9th. Zacks Research analyst Team now forecasts that the financial services provider will post earnings per share of $4.63 for the quarter, up from their previous estimate of $4.62. The consensus estimate for M&T Bank’s current full-year earnings is $16.57 per share. Zacks Research also issued estimates for M&T Bank’s Q1 2027 earnings at $4.71 EPS and Q2 2027 earnings at $5.03 EPS.

M&T Bank (NYSE:MTB) last announced its quarterly earnings data on Wednesday, March 9th. The financial services provider reported $3.54 earnings per share (EPS) for the quarter. The business had revenue of $1.54 billion for the quarter. M&T Bank had a net margin of 20.44% and a return on equity of 10.35%.

A number of other research analysts have also recently issued reports on the stock. Citigroup lifted their price objective on shares of M&T Bank from $200.00 to $212.00 and gave the company a “neutral” rating in a research note on Wednesday, July 2nd. Piper Sandler began coverage on shares of M&T Bank in a research note on Monday, October 6th. They issued an “overweight” rating and a $225.00 price objective on the stock. Wells Fargo & Company boosted their target price on shares of M&T Bank from $175.00 to $185.00 and gave the stock an “underweight” rating in a research note on Thursday, July 17th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of M&T Bank in a research note on Wednesday, October 8th. Finally, UBS Group boosted their target price on shares of M&T Bank from $207.00 to $208.00 and gave the stock a “neutral” rating in a research note on Tuesday, October 7th. One investment analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $216.18.

M&T Bank Stock Performance

Shares of NYSE:MTB opened at $182.62 on Monday. The company’s 50 day simple moving average is $195.10 and its 200 day simple moving average is $186.23. The stock has a market capitalization of $28.54 billion, a price-to-earnings ratio of 11.83, a price-to-earnings-growth ratio of 0.90 and a beta of 0.62. The company has a debt-to-equity ratio of 0.47, a current ratio of 0.97 and a quick ratio of 0.97. M&T Bank has a 1 year low of $150.75 and a 1 year high of $225.70.

M&T Bank Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 30th. Investors of record on Tuesday, September 2nd were paid a $1.50 dividend. This is a positive change from M&T Bank’s previous quarterly dividend of $1.35. This represents a $6.00 annualized dividend and a dividend yield of 3.3%. The ex-dividend date of this dividend was Tuesday, September 2nd. M&T Bank’s payout ratio is presently 38.86%.

Insider Buying and Selling

In related news, Director John P. Barnes sold 15,000 shares of the business’s stock in a transaction on Friday, August 22nd. The shares were sold at an average price of $199.79, for a total value of $2,996,850.00. Following the sale, the director owned 17,866 shares of the company’s stock, valued at $3,569,448.14. The trade was a 45.64% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, EVP Peter D’arcy sold 2,461 shares of the business’s stock in a transaction on Tuesday, July 22nd. The stock was sold at an average price of $197.31, for a total transaction of $485,579.91. Following the completion of the sale, the executive vice president directly owned 9,319 shares in the company, valued at approximately $1,838,731.89. This represents a 20.89% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 18,738 shares of company stock valued at $3,734,612 over the last 90 days. 0.53% of the stock is owned by insiders.

Hedge Funds Weigh In On M&T Bank

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Canandaigua National Bank & Trust Co. acquired a new position in M&T Bank in the third quarter valued at $200,000. Heartwood Wealth Advisors LLC raised its holdings in shares of M&T Bank by 13.7% during the third quarter. Heartwood Wealth Advisors LLC now owns 1,330 shares of the financial services provider’s stock valued at $263,000 after purchasing an additional 160 shares during the period. First Citizens Financial Corp bought a new position in shares of M&T Bank during the 3rd quarter worth about $211,000. GAMMA Investing LLC boosted its position in shares of M&T Bank by 8.3% during the 3rd quarter. GAMMA Investing LLC now owns 5,403 shares of the financial services provider’s stock worth $1,068,000 after purchasing an additional 414 shares in the last quarter. Finally, Valeo Financial Advisors LLC boosted its position in shares of M&T Bank by 36.1% during the 2nd quarter. Valeo Financial Advisors LLC now owns 2,311 shares of the financial services provider’s stock worth $448,000 after purchasing an additional 613 shares in the last quarter. Institutional investors and hedge funds own 84.68% of the company’s stock.

M&T Bank Company Profile

M&T Bank Corp. operates as a bank holding company, which engages in the provision of retail and commercial banking, trust, wealth management, and investment services. It operates through the following segments: Commercial Bank, Retail Bank, Institutional Services and Wealth Management, and All Other.