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

148.00USD+1.14 (+0.78%)Market Closed

Market Summary

USD148.00+1.14

Market Closed

0.78%

MTB Alerts

1 major insider sales recently.

MTB Stock Price

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MTB RSI Chart

MTB Valuation

Market Cap

24.5B

Price/Earnings (Trailing)

8.93

Price/Sales (Trailing)

2.39

EV/EBITDA

2.88

Price/Free Cashflow

6.27

MTB Price/Sales (Trailing)

MTB Profitability

EBT Margin

35.40%

Return on Equity

10.17%

Return on Assets

1.32%

Free Cashflow Yield

15.96%

MTB Fundamentals

MTB Revenue

Revenue (TTM)

10.2B

Rev. Growth (Yr)

32.23%

Rev. Growth (Qtr)

3.73%

MTB Earnings

Earnings (TTM)

2.7B

Earnings Growth (Yr)

-37%

Earnings Growth (Qtr)

-30.08%

Breaking Down MTB Revenue

Last 7 days

6.9%

Last 30 days

3.3%

Last 90 days

2.9%

Trailing 12 Months

17.9%

How does MTB drawdown profile look like?

MTB Financial Health

Debt/Equity

0.3

Debt/Cashflow

0.48

MTB Investor Care

Dividend Yield

3.54%

Dividend/Share (TTM)

5.2

Buy Backs (1Y)

0.70%

Diluted EPS (TTM)

15.79

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
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
Apr 18, 2024	meister doris p.	sold	-164,735	138	-1,186	sr. executive vice president
Apr 17, 2024	meister doris p.	sold	-226,388	138	-1,638	sr. executive vice president
Mar 14, 2024	geisel gary n	sold	-99,014	140	-703	-
Mar 13, 2024	walters kirk w	sold	-4,182,520	145	-28,845	-
Mar 13, 2024	walters kirk w	acquired	3,604,450	124	28,845	-
Mar 11, 2024	meister doris p.	sold	-568,819	143	-3,961	sr. executive vice president
Feb 23, 2024	meister doris p.	sold	-231,003	137	-1,675	sr. executive vice president
Feb 16, 2024	todaro michael j.	acquired	-	-	2,411	sr. executive vice president
Feb 16, 2024	o'hara laura p.	acquired	-	-	1,258	sr. evp & chief legal officer
Feb 16, 2024	jones rene f	sold (taxes)	-1,503,290	138	-10,869	chairman of the board and ceo

Which funds bought or sold MTB recently?

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Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 23, 2024	LORING WOLCOTT & COOLIDGE FIDUCIARY ADVISORS LLP/MA	unchanged	-	8,754	168,260	-%
Apr 23, 2024	Aquila Investment Management LLC	sold off	-100	-685,400	-	-%
Apr 23, 2024	WASHINGTON TRUST Co	unchanged	-	1,572	27,343	-%
Apr 23, 2024	AMALGAMATED BANK	reduced	-1.24	271,000	5,923,000	0.05%
Apr 23, 2024	Community Financial Services Group, LLC	new	-	271,246	271,246	0.06%
Apr 23, 2024	BANK OF STOCKTON	sold off	-100	-298,992	-	-%
Apr 23, 2024	Hunter Perkins Capital Management, LLC	new	-	435,000	435,000	0.09%
Apr 23, 2024	Global Retirement Partners, LLC	reduced	-1.27	16,255	191,585	0.01%
Apr 23, 2024	FIFTH THIRD BANCORP	reduced	-24.74	-342,641	1,357,970	-%
Apr 23, 2024	Louisiana State Employees Retirement System	reduced	-3.00	39,968	1,410,770	0.03%

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

1 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
Apr 19, 2024	4	Insider Trading
Apr 19, 2024	4	Insider Trading
Apr 18, 2024	144	Notice of Insider Sale Intent
Apr 18, 2024	8-K	Current Report
Apr 17, 2024	144	Notice of Insider Sale Intent
Apr 15, 2024	8-K	Current Report
Apr 15, 2024	8-K	Current Report
Mar 15, 2024	4	Insider Trading
Mar 15, 2024	4	Insider Trading
Mar 14, 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	553.3B	171.1B	-2.31%	36.49%	11.17	3.23	60.72%	31.52%
BAC	302.1B	130.3B	3.56%	28.93%	11.39	2.32	79.51%	-3.68%
WFC	218.1B	85.7B	6.72%	47.09%	11.39	2.55	41.49%	39.96%
C	119.7B	133.3B	3.01%	27.78%	12.98	0.9	79.09%	-
CFG	16.0B	10.2B	-0.51%	22.27%	9.98	1.57	44.53%	-22.43%
KEY	13.8B	7.9B	-2.00%	32.35%	14.22	1.74	46.47%	-49.56%
MID-CAP
CMA	7.0B	4.2B	1.92%	23.45%	7.92	1.67	56.25%	-23.46%
ZION	6.2B	3.9B	2.71%	47.68%	9.1	1.57	45.91%	-25.03%
ABCB	3.3B	1.3B	1.85%	41.72%	12.28	2.58	43.24%	-22.35%
ASB	3.2B	2.0B	3.40%	20.85%	17.57	1.64	70.97%	-50.03%
SMALL-CAP
AMNB	497.6M	120.2M	6.68%	49.76%	19.02	4.14	45.65%	-13.98%
ALRS	414.1M	164.9M	-1.69%	36.50%	35.41	2.51	42.66%	-70.76%
AROW	383.2M	162.6M	-4.81%	4.19%	12.74	2.36	25.39%	-38.37%
ACNB	291.3M	96.6M	-3.52%	8.70%	9.19	3.01	11.02%	-11.37%
ASRV	45.1M	60.9M	-2.56%	-9.83%	-13.48	0.74	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	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	3.7%	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	1,220
EBITDA Margin	-10.6%	1.05*	1.17*	1.29*	1.30*	1.37*	1.42*	1.47*	1.62*	1.63*	1.62*	1.57*	1.48*	-	-	-	-	-	-	-	-	-
Interest Expenses	-3.0%	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	1,059
Income Taxes	-34.1%	143	217	293	225	246	201	60.00	113	142	162	148	145	149	115	71.00	81.00	159	155	152	152	153
Earnings Before Taxes	-31.1%	626	907	1,160	926	1,012	848	278	475	600	657	606	593	621	487	312	350	652	635	626	634	699
EBT Margin	-15.5%	0.35*	0.42*	0.45*	0.40*	0.42*	0.43*	0.46*	0.61*	0.62*	0.62*	0.57*	0.49*	-	-	-	-	-	-	-	-	-
Net Income	-30.1%	482	690	867	702	766	647	218	362	458	495	458	447	471	372	241	269	493	480	473	483	546
Net Income Margin	-15.3%	0.27*	0.32*	0.34*	0.30*	0.32*	0.33*	0.35*	0.46*	0.47*	0.47*	0.43*	0.37*	-	-	-	-	-	-	-	-	-
Free Cashflow	-43.6%	800	1,420	1,257	428	954	1,137	1,187	1,296	697	486	537	995	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	-0.4%	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	120,025
Cash Equivalents	-2.1%	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	1,267
Net PPE	3.4%	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	1,045
Goodwill	0.0%	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	4,593
Liabilities	-0.9%	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	104,438
Short Term Borrowings	-21.0%	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	3,603
Long Term Debt	15.1%	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	8,476
Shareholder's Equity	2.9%	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	15,588
Retained Earnings	1.4%	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	11,842
Additional Paid-In Capital	0.1%	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	6,568
Shares Outstanding	-100.0%	-	166	167	168	-	173	160	177	129	-	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	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	-43.6%	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	550
Cashflow From Investing	135.8%	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	-2,946
Cashflow From Financing	-472.5%	-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	2,690
Dividend Payments	-0.1%	216	216	216	221	205	209	213	157	154	142	142	142	142	142	142	143	145	133	134	140	139
Buy Backs	-	-	-	-	594	600	600	-	-	-	-	-	-	-	-	-	374	282	300	402	366	500

MTB Income Statement

2023-12-31

Consolidated Statement of Income - USD ($) $ in Millions	12 Months Ended
Consolidated Statement of Income - USD ($) $ in Millions	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Interest income
Loans and leases, including fees	$ 8,021	$ 5,237	$ 3,749
Investment securities
Fully taxable	773	448	141
Exempt from federal taxes	66	51
Deposits at banks	1,360	509	48
Other	4	2	1
Total interest income	10,224	6,247	3,939
Interest expense
Savings and interest-checking deposits	1,746	271	33
Time deposits	671	24	19
Short-term borrowings	292	19
Long-term borrowings	400	111	62
Total interest expense	3,109	425	114
Net interest income	7,115	5,822	3,825
Provision for credit losses	645	517	(75)
Net interest income after provision for credit losses	6,470	5,305	3,900
Other income
Brokerage services income	102	88	63
Trading account and other non-hedging derivative gains	49	27	24
Gain (loss) on bank investment securities	4	(6)	(21)
Other revenues from operations	809	703	483
Total other income	2,528	2,357	2,167
Other expense
Salaries and employee benefits	2,997	2,787	2,046
Equipment and net occupancy	520	474	327
Outside data processing and software	437	376	292
Professional and other services	413	509	379
FDIC assessments	315	90	70
Advertising and marketing	108	90	64
Amortization of core deposit and other intangible assets	62	56	10
Other costs of operations	527	668	424
Total other expense	5,379	5,050	3,612
Income before taxes	3,619	2,612	2,455
Income taxes	878	620	596
Net income	2,741	1,992	1,859
Net income available to common shareholders
Basic	2,636	1,891	1,777
Diluted	$ 2,636	$ 1,891	$ 1,777
Net income per common share
Basic	$ 15.85	$ 11.59	$ 13.81
Diluted	$ 15.79	$ 11.53	$ 13.8
Mortgage Banking Revenues [Member]
Other income
Revenue from contract with customer	$ 409	$ 357	$ 571
Service Charges on Deposit Accounts [Member]
Other income
Revenue from contract with customer	475	447	402
Trust Income [Member]
Other income
Revenue from contract with customer	$ 680	$ 741	$ 645

MTB Balance Sheet

2023-12-31

Consolidated Balance Sheet - USD ($) $ in Millions	Dec. 31, 2023	Dec. 31, 2022
Assets
Cash and due from banks	$ 1,731	$ 1,517
Interest-bearing deposits at banks	28,069	24,959
Federal funds sold		3
Trading account	106	118
Investment securities
Available for sale (cost: $10,69] at December 31, 2023 ; $11,193 at December 31, 2022)	10,440	10,749
Held to maturity (fair value: $14,308 at December 31, 2023; $12,375 at December 31, 2022)	15,330	13,530
Equity and other securities (cost: : $1,125 at December 31, 2023; $934 at December 31, 2022)	1,127	932
Total investment securities	26,897	25,211
Loans receivable	134,936	132,074
Unearned discount	(868)	(510)
Loans and leases, net of unearned discount	134,068	131,564
Allowance for credit losses	(2,129)	(1,925)
Loans and leases, net	131,939	129,639
Premises and equipment	1,739	1,654
Goodwill	8,465	8,490
Core deposit and other intangible assets	147	209
Accrued interest and other assets	9,171	8,930
Total assets	208,264	200,730
Liabilities
Noninterest-bearing deposits	49,294	65,502
Savings and interest-checking deposits	93,221	87,911
Time deposits	20,759	10,102
Total deposits	163,274	163,515
Short-term borrowings	5,316	3,555
Accrued interest and other liabilities	4,516	4,377
Long-term borrowings	8,201	3,965
Total liabilities	181,307	175,412
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 December 31, 2023 and December 31, 2022; Liquidation preference of $10,000 per share: 140,000 shares at December 31, 2023 and December 31,2022; Liquidation preference of $25 per share: 10,000,000 shares at December 31, 2023 and December 31, 2022	2,011	2,011
Common stock, $.50 par, 250,000,000 shares authorized, 179,436,779 shares issued at December 31, 2023 and December 31, 2022	90	90
Common stock issuable, [12,217] shares at December 31, 2023; 14,031 shares at December 31, 2022	1	1
Additional paid-in capital	10,020	10,002
Retained earnings	17,524	15,754
Accumulated other comprehensive income (loss), net	(459)	(790)
Treasury stock - common, at cost - [13,300,298] shares at December 31, 2023; 10,165,419 shares at December 31, 2022	(2,230)	(1,750)
Total shareholders’ equity	26,957	25,318
Total liabilities and shareholders’ equity	$ 208,264	$ 200,730

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 Apr 23 2024, market cap of M&T Bank Corp is 24.47 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 Apr 23 2024, MTB's PE ratio (Price to Earnings) is 8.93 and Price to Sales (PS) ratio is 2.39. 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 0.04 (multiply by 100 for percentage) rate of return.