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MTB

146.35USD-14.00(-8.73%)Delayedas of 07 Dec 2022, 03:04 pm

M&T Bank Corp

Market Summary

USD146.35-14.00Delayedas of 07 Dec 2022, 03:04 pm
-8.73%

MTB Alerts

MTB Stock Price

RSI Chart

Valuation

Market Cap

29.5B

Price/Earnings

19.26

Price/Sales

6.8

Price/Cashflow

8.06

MarketCap/EBT

14.69

Price/Sales

Profitability

EBT Margin

46.26%

Return on Equity

5.94%

Return on Assets

0.75%

Fundamentals

Revenue

Revenue (TTM)

5.1B

Revenue Y/Y

79.42%

Revenue Q/Q

21.59%

Earnings

Earnings (TTM)

1.7B

Earnings Y/Y

30.5%

Earnings Q/Q

197.26%

Price Action

52 Week Range

139.58193.42
(Low)(High)

Last 7 days

-5.5%

Last 30 days

-4.0%

Last 90 days

-12.3%

Trailing 12 Months

7.2%

Financial Health

Debt/Equity

0.12

Debt/Cashflow

1.22

Investor Care

Dividend Yield

2.05%

Shares Dilution (1Y)

37.85%

Diluted EPS (TTM)

10.6

Peers (Alternatives to M&T Bank)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
56.4B
31.4B
2.48% -20.63%
5.3
1.79
0.52% 14.47%
29.5B
5.1B
-3.99% 7.16%
19.26
6.8
27.72% -10.02%
20.3B
6.0B
-1.99% -14.04%
11.01
3.86
22.70% -13.14%
13.8B
4.9B
-6.07% -71.12%
7.82
3.25
67.44% -15.87%
10.1B
2.0B
-7.21% -14.74%
10.75
5.7
25.70% 23.17%
MID-CAP
8.5B
923.1M
-3.67% -1.10%
17.99
9.67
8.27% -13.57%
7.3B
2.3B
-7.75% -42.79%
7.39
3.65
51.75% 19.31%
6.5B
1.0B
0.04% -1.10%
12.92
6.41
-2.99% -3.05%
5.4B
407.7M
-3.11% -30.88%
23.52
13.84
9.35% 0.19%
5.3B
2.3B
-0.69% -15.32%
6.04
2.44
9.00% 16.18%
2.5B
426.3M
-8.88% 15.30%
13.16
5.92
-6.64% 8.49%
2.1B
212.5M
-8.49% 2.69%
20.53
9.87
9.13% 6.33%
2.1B
614.0M
-4.79% -3.07%
10.42
3.55
4.86% -4.30%
SMALL-CAP
1.9B
327.3M
4.69% -6.81%
16.9
6.16
15.67% 1.27%

Financials for M&T Bank

Income Statement (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Revenue18.1%5,1334,3453,8503,9394,019
Earnings Before Taxes9.5%2,2002,0102,3382,4552,476
Net Income9.9%1,6841,5331,7741,8591,872
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Assets-3.0%197,955204,033149,864155,107151,901
    Cash Equivalents33.6%2,2561,6881,4111,3381,480
  Net PPE1.3%1,6201,6001,1351,1451,118
  Goodwill0%8,5018,5014,5934,5934,593
Liabilities-3.1%172,699178,238131,988137,204134,372
.    Short Term Borrowings-18.0%9181,1195047104
  Long Term Debt14.6%3,4593,0173,4443,4853,500
Shareholder's Equity-2.1%25,25625,79517,87617,90317,529
  Retained Earnings2.8%15,22014,80914,83114,64614,366
  Additional Paid-In Capital0.1%9,9949,9876,6126,6356,625
Accumulated Depreciation-1,027----
Shares Outstanding37.6%177129129--
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Cashflow From Operations17.7%4,3173,6663,0162,7152,682
  Share Based Compensation-85
Cashflow From Investing79.0%16,8049,389-504.27-13,631.60-14,221.66
Cashflow From Financing-59.2%-20,345.40-12,777.92-2,360.2510,70111,530
  Dividend Payments10.1%734666595580567
  Buy Backs100.0%2,4001,200

Risks

What is the probability of a big loss on MTB?

55.8%


Probability that M&T Bank stock will be more than 20% underwater in next one year

19.2%


Probability that M&T Bank stock will be more than 30% underwater in next one year.

18.5%


Probability that M&T Bank stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does MTB drawdown profile look like?

Y-axis is the maximum loss one would have experienced if M&T Bank was unfortunately bought at previous high price.

Returns

Cumulative Returns on MTB

7.6%


10-Year Cumulative Returns

6.3%


7-Year Cumulative Returns

1.2%


5-Year Cumulative Returns

1.5%


3-Year Cumulative Returns

What are the long-term rolling returns for MTB?

FIve years rolling returns for M&T Bank.

Which funds bought or sold MTB recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2022-11-29
Bridgefront Capital, LLC
SOLD OFF
-100
-253,000
-
-%
2022-11-23
Toroso Investments, LLC
REDUCED
-7.39
24,000
1,043,000
0.04%
2022-11-23
Eagle Bay Advisors LLC
UNCHANGED
-
30,766
325,000
0.20%
2022-11-22
CVA Family Office, LLC
ADDED
35.71
22,000
64,000
0.02%
2022-11-22
IHT Wealth Management, LLC
NEW
-
287,000
287,000
0.02%
2022-11-22
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
NEW
-
9,557,000
9,557,000
0.11%
2022-11-22
B. Riley Wealth Advisors, Inc.
ADDED
21.35
238,000
935,000
0.03%
2022-11-22
Coombe, Bender & Co LLC
REDUCED
-1.47
51,000
625,000
0.56%
2022-11-21
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
REDUCED
-1.66
4,230,000
52,353,000
0.09%
2022-11-21
DEARBORN PARTNERS LLC
UNCHANGED
-
44,000
461,000
0.02%

1–10 of 45

Latest Funds Activity

Are funds buying MTB calls or puts?
Are funds bullish or bearish(Calls - Puts)?
No. of funds that own MTB

M&T Bank News

InvestorsObserver

M&t Bank Corp (MTB) Stock: How Does it Score on Fundamental Metrics?.34 minutes ago

MTB Fair Value

Recent SEC filings of M&T Bank

View All Filings
Date Filed Form Type Document
Nov 18, 2022
8-K
Current Report
Nov 17, 2022
13F-HR/A
Fund Holdings Report
Nov 14, 2022
13F-HR
Fund Holdings Report
Nov 07, 2022
10-Q
Quarterly Report
Oct 25, 2022
4
Insider Trading
Oct 19, 2022
8-K
Current Report
Sep 29, 2022
8-K
Current Report
Sep 13, 2022
8-K
Current Report
Sep 12, 2022
4
Insider Trading
Aug 31, 2022
11-KT
11-KT

Latest Insider Trading transactions for MTB

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2022-09-09
Warman D Scott N
SOLD
-377,100
188.55
-2,000
Sr. Executive Vice President
2022-08-19
GEISEL GARY N
SOLD
-94,600.6
189.201
-500
-
2022-08-19
GEISEL GARY N
SOLD
-100,918
189.34
-533
-
2022-08-19
Todaro Michael J.
SOLD
-198,270
188.829
-1,050
Sr. Executive Vice President
2022-08-15
Bojdak Robert J
SOLD
-243,551
188.799
-1,290
Sr. Executive Vice President
2022-08-12
Trolli Michele D
SOLD
-883,351
189.276
-4,667
Executive Vice President
2022-08-10
BARNES JOHN P
SOLD
-2,302,680
184.097
-12,508
-
2022-08-10
BARNES JOHN P
ACQUIRED
1,371,750
109.67
12,508
-
2022-08-09
WALTERS KIRK W
SOLD
-109,080
180
-606
-
2022-08-09
WALTERS KIRK W
SOLD
-181,080
180
-1,006
-

1–10 of 50

René F. Jones
17600
M&T Bank Corporation operates as a bank holding company that provides commercial and retail banking services. 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 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 originated by other entities. 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 services. It offers its services through banking offices, business banking centers, telephone and internet banking, and automated teller machines. As of December 31, 2021, the company operates 688 domestic banking offices in New York State, Maryland, New Jersey, Pennsylvania, Delaware, Connecticut, Virginia, West Virginia, and the District of Columbia; and a full-service commercial banking office in Ontario, Canada. M&T Bank Corporation was founded in 1856 and is headquartered in Buffalo, New York.

MTB Income Statement

2022-09-30
Consolidated Statement of Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Interest income    
Loans and leases, including fees$ 1,455,612$ 944,422$ 3,572,954$ 2,843,969
Investment securities    
Fully taxable135,76633,209294,290104,736
Exempt from federal taxes16,5554834,388113
Deposits at banks172,95614,923272,00930,507
Other6243441,270941
Total interest income1,781,513992,9464,174,9112,980,266
Interest expense    
Savings and interest-checking deposits68,6907,000103,34426,556
Time deposits1,1243,5733,74815,667
Deposits at Cayman Islands office   201
Short-term borrowings2,67026,0905
Long-term borrowings30,33815,12167,14746,852
Total interest expense102,82225,696180,32989,281
Net interest income1,678,691967,2503,994,5822,890,985
Provision for credit losses115,000(20,000)427,000(60,000)
Net interest income after provision for credit losses1,563,691987,2503,567,5822,950,985
Other income    
Brokerage services income21,08620,49065,41443,868
Trading account and non-hedging derivative gains5,0815,56312,74318,349
Gain/(loss) on bank investment securities(1,108)291(1,913)(22,646)
Other revenues from operations153,189120,485436,943344,114
Total other income563,079569,1261,675,0661,588,357
Other expense    
Salaries and employee benefits736,354510,4222,090,0751,530,634
Equipment and net occupancy127,11780,738337,584244,057
Outside data processing and software95,06872,782268,607213,025
FDIC assessments28,10518,81066,26650,874
Advertising and marketing21,39815,20858,05743,200
Printing, postage and supplies14,7687,91740,48828,367
Amortization of core deposit and other intangible assets18,3842,73838,0248,213
Other costs of operations238,059190,719743,047565,753
Total other expense1,279,253899,3343,642,1482,684,123
Income before taxes847,517657,0421,600,5001,855,219
Income taxes200,921161,582374,208454,441
Net income646,596495,4601,226,2921,400,778
Net income available to common shareholders    
Basic620,549475,9581,152,4001,342,805
Diluted$ 620,554$ 475,961$ 1,152,406$ 1,342,812
Net income per common share    
Basic$ 3.55$ 3.70$ 7.18$ 10.44
Diluted$ 3.53$ 3.69$ 7.14$ 10.43
Average common shares outstanding    
Basic174,609128,689160,474128,632
Diluted175,682128,844161,295128,786
Mortgage Banking Revenues [Member]    
Other income    
Revenue from contract with customer$ 83,041$ 159,995$ 275,115$ 432,062
Service Charges on Deposit Accounts [Member]    
Other income    
Revenue from contract with customer115,213105,426340,890296,721
Trust Income [Member]    
Other income    
Revenue from contract with customer$ 186,577$ 156,876$ 545,874$ 475,889

MTB Balance Sheet

2022-09-30
Consolidated Balance Sheet (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Assets  
Cash and due from banks$ 2,255,810$ 1,337,577
Interest-bearing deposits at banks25,391,52841,872,304
Trading account129,67249,745
Investment securities  
Available for sale (cost: $11,340,155 at September 30, 2022; $3,849,347 at December 31, 2021)10,870,3463,955,804
Held to maturity (fair value: $11,544,655 at September 30, 2022; $2,771,290 at December 31, 2021)12,898,8622,734,674
Equity and other securities (cost: $832,604 at September 30, 2022; $461,516 at December 31, 2021)834,557465,382
Total investment securities24,603,7657,155,860
Loans and leases128,608,53893,136,678
Unearned discount(382,951)(224,226)
Loans and leases, net of unearned discount128,225,58792,912,452
Allowance for credit losses(1,875,591)(1,469,226)
Loans and leases, net126,349,99691,443,226
Premises and equipment1,620,3391,144,765
Goodwill8,501,3574,593,112
Core deposit and other intangible assets226,9743,998
Accrued interest and other assets8,876,0387,506,573
Total assets197,955,479155,107,160
Liabilities  
Noninterest-bearing deposits73,023,27160,131,480
Savings and interest-checking deposits86,015,70068,603,966
Time deposits4,806,4172,807,963
Total deposits163,845,388131,543,409
Short-term borrowings917,80647,046
Accrued interest and other liabilities4,476,4562,127,931
Long-term borrowings3,459,3363,485,369
Total liabilities172,698,986137,203,755
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 September 30, 2022 and December 31, 2021; Liquidation preference of $10,000 per share: 140,000 shares at September 30, 2022 and December 31, 2021; Liquidation preference of $25 per share: 10,000,000 shares at September 30, 20222,010,6001,750,000
Common stock, $.50 par, 250,000,000 shares authorized, 179,436,779 shares issued at September 30, 2022 and 159,741,898 shares issued at December 31, 202189,71879,871
Common stock issuable, 13,951 shares at September 30, 2022; 15,769 shares at December 31, 20211,0981,212
Additional paid-in capital9,994,3956,635,000
Retained earnings15,219,82814,646,448
Accumulated other comprehensive income (loss), net(899,993)(127,578)
Treasury stock - common, at cost - 6,551,133 shares at September 30, 2022; 31,052,845 shares at December 31, 2021(1,159,153)(5,081,548)
Total shareholders’ equity25,256,49317,903,405
Total liabilities and shareholders’ equity$ 197,955,479$ 155,107,160