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MTB

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

153.83USD+0.36 (+0.23%)Delayed

Market Summary

MTB
USD153.83+0.36
Delayed
0.23%

MTB Alerts

  • 4 major insider sales recently.

MTB Stock Price

View Fullscreen

MTB RSI Chart

MTB Valuation

Market Cap

25.7B

Price/Earnings (Trailing)

9.99

Price/Sales (Trailing)

2.41

EV/EBITDA

3.43

Price/Free Cashflow

6.28

MTB Price/Sales (Trailing)

MTB Profitability

EBT Margin

31.54%

Return on Equity

9.46%

Return on Assets

1.19%

Free Cashflow Yield

15.92%

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

Last 7 days

0.1%

Last 30 days

10.6%

Last 90 days

11.2%

Trailing 12 Months

25.5%

How does MTB drawdown profile look like?

MTB Financial Health

Debt/Equity

0.42

Debt/Cashflow

0.36

MTB Investor Care

Dividend Yield

3.38%

Dividend/Share (TTM)

5.2

Shares Dilution (1Y)

0.59%

Diluted EPS (TTM)

14.8

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
202410.6B000
20237.6B8.7B9.6B10.2B
20223.9B4.3B5.1B6.2B
20214.1B4.0B4.0B3.9B
20204.8B4.6B4.3B4.2B
20194.7B4.9B4.9B4.9B
20184.2B4.3B4.5B4.6B
20173.9B4.0B4.1B4.2B
20163.4B3.6B3.8B3.9B
20153.0B3.0B3.0B3.2B
20143.0B2.9B2.9B3.0B
20133.0B3.0B3.0B3.0B
20122.8B2.9B2.9B2.9B
20112.7B2.7B2.8B2.8B
20102.7B2.8B2.7B2.7B
20093.0B2.9B2.8B2.7B
200803.5B3.4B3.3B
20070003.5B

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

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
May 14, 2024
barnes john p
sold
-6,709,460
154
-43,426
-
May 14, 2024
barnes john p
acquired
6,487,410
149
43,426
-
May 10, 2024
walters kirk w
sold
-1,169,450
153
-7,633
-
May 10, 2024
kay christopher e
sold
-280,034
153
-1,821
sr. executive vice president
May 10, 2024
walters kirk w
sold
-718,248
153
-4,688
-
May 10, 2024
walters kirk w
sold
-406,004
153
-2,650
-
May 09, 2024
walters kirk w
acquired
1,160,310
149
7,767
-
May 09, 2024
walters kirk w
sold
-1,183,610
152
-7,767
-
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
-

1–10 of 50

Which funds bought or sold MTB recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
May 16, 2024
Colony Group, LLC
new
-
271,000
271,000
-%
May 16, 2024
Global Financial Private Client, LLC
unchanged
-
31.00
716
-%
May 16, 2024
JANE STREET GROUP, LLC
reduced
-43.29
-6,105,050
9,223,510
-%
May 16, 2024
Beacon Capital Management, LLC
new
-
3,200
3,200
-%
May 16, 2024
COMERICA BANK
reduced
-1.35
223,813
5,019,190
0.02%
May 16, 2024
High Falls Advisors, Inc
unchanged
-
16,524
287,482
0.07%
May 16, 2024
B. Riley Wealth Advisors, Inc.
added
18.79
63,836
731,469
0.02%
May 16, 2024
HANCOCK WHITNEY CORP
added
4.7
150,091
1,504,580
0.05%
May 16, 2024
FSA Wealth Management LLC
unchanged
-
90.00
5,090
-%
May 16, 2024
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
added
1.6
2,904,560
40,173,700
0.05%

1–10 of 39

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

Unveiling M&T Bank Corp's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm 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 16, 2024
4
Insider Trading
May 14, 2024
144
Notice of Insider Sale Intent
May 14, 2024
CERT
CERT
May 13, 2024
4
Insider Trading
May 13, 2024
4
Insider Trading
May 13, 2024
8-A12B
8-A12B
May 13, 2024
8-K
Current Report
May 10, 2024
144
Notice of Insider Sale Intent
May 10, 2024
144
Notice of Insider Sale Intent
May 09, 2024
144
Notice of Insider Sale Intent

Peers (Alternatives to M&T Bank Corp)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
588.1B
174.7B
13.73% 46.82%
11.68
3.37
53.11% 19.83%
307.4B
137.9B
11.58% 38.08%
12.28
2.23
56.12% -12.56%
213.0B
85.8B
6.86% 51.95%
11.35
2.48
35.02% 26.14%
122.2B
125.0B
10.16% 38.13%
15.29
0.98
37.85% -
16.9B
10.4B
12.51% 41.04%
11.81
1.62
26.22% -33.87%
14.5B
8.1B
6.72% 53.23%
16.61
1.78
32.15% -50.93%
MID-CAP
7.3B
4.2B
10.08% 41.38%
10.46
1.71
34.68% -45.96%
6.6B
4.1B
14.23% 65.05%
10.55
1.63
32.93% -30.73%
3.5B
1.3B
13.35% 57.95%
12.32
2.65
30.60% -12.99%
3.4B
2.0B
11.57% 43.03%
20.88
1.65
47.11% -59.32%
SMALL-CAP
497.6M
120.2M
6.68% 49.76%
19.02
4.14
45.65% -13.98%
417.1M
173.1M
15.06% 27.00%
14.3
2.41
26.54% -34.86%
390.4M
152.4M
-0.90% 32.84%
39.27
2.56
16.94% -73.84%
295.5M
98.7M
10.19% 20.01%
10.04
2.99
6.27% -22.90%
48.0M
62.5M
8.95% -1.75%
-16.24
0.77
18.83% -145.18%

M&T Bank Corp News

Latest updates
Defense World6 hours ago
Yahoo Singapore News14 May 202409:16 pm
Defense World14 May 202409:46 am

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

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue0.2%2,7452,7402,6412,5162,3272,0721,7821,4659289599939701,0171,0391,0011,0321,1201,1861,2291,2381,226
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%1,6801,7221,7751,7991,8181,8271,6791,4129049349679429819899439579771,0091,0301,0411,050
Income Taxes-7.2%13314321729322524620160.0011314216214814514911571.0081.00159155152152
Earnings Before Taxes6.1%6646269071,1609261,012848278475600657606593621487312350652635626634
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 Income10.1%531482690867702766647218362458495458447471372241269493480473483
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%6088001,4201,2574289541,1371,1871,296697486537---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q2
Assets3.3%215,137208,264209,124207,672202,956200,730199,343197,955204,033149,864155,107151,901150,623150,481142,601138,627139,537124,578119,873125,501121,555
    Cash Equivalents-2.1%1,6951,7311,7691,8481,8181,520-2,2561,6881,4111,3381,4801,4101,2601,5531,4891,3551,2981,4361,8191,272
  Net PPE-1.8%1,7071,7391,6811,6731,6641,654-1,6201,6001,1351,1451,1181,1171,1491,1621,1471,1551,1551,1411,0741,067
  Goodwill0%8,4658,4658,4658,4658,4908,490-8,5018,5013,9004,5934,5934,5934,5934,5934,5934,5934,5934,5934,5934,593
Liabilities3.7%187,968181,307182,928181,871177,579175,412-172,699178,238131,988137,204134,372133,902134,035126,414122,526123,592108,762104,156109,721105,863
  Short Term Borrowings-9.8%4,7955,3166,7317,9086,9953,555-9181,11950.0047.0010491.0059.0059.0046.0052.0059.0062.005,5144,611
  Long Term Debt39.6%11,4508,2017,1237,4177,4633,965-3,4593,0173,4443,4853,5003,4993,4994,3825,4596,3216,3216,9867,0037,656
Shareholder's Equity0.8%27,16926,95726,19725,80125,37725,3186.0025,25625,79517,87617,90317,52916,72016,44716,18716,10115,94515,81615,71715,78015,692
  Retained Earnings1.6%17,81217,52417,28416,83716,21215,754-15,22014,80914,83114,64614,36614,03013,73213,44413,13212,91912,83712,82112,49012,162
  Additional Paid-In Capital-0.4%9,97610,02010,01210,0009,98610,002-9,9949,9876,6126,6356,6256,6216,6116,6176,6106,5996,5886,5946,5856,578
Shares Outstanding-166-166167168-173160177129-129129129-------
Float----19,900,658,494----27,304,085,267---18,124---12,939---22,178
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations-24.0%6088001,4201,2574289541,1371,1871,296697486537995664-6.01526-3941,13174767.00413
Cashflow From Investing-1137.0%-7,082683-1,907-4,901-1,747-3,6656,2199,8434,196-3,452-1,195-50.62-8,931-4,043967-15,091-3,8524,727-3,418-852271
Cashflow From Financing523.3%6,438-1,5204083,6751,6171,976-6,788-10,753-5,4172,614779-3357,6443,443-82614,6234,109-6,2403,220790-1,022
  Dividend Payments2.5%221216216216221205209213157154142142142142142142143145133134140
  Buy Backs-----594600600---------374282300402366
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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 taxable212181
Exempt from federal taxes1617
Deposits at banks419278
Other11
Total interest income2,7452,327
Interest expense  
Savings and interest-checking deposits615277
Time deposits22589
Short-term borrowings8458
Long-term borrowings14185
Total interest expense1,065509
Net interest income1,6801,818
Provision for credit losses200120
Net interest income after provision for credit losses1,4801,698
Other income  
Brokerage services income2924
Trading account and other non-hedging derivative gains912
Gain (loss) on bank investment securities2 
Other revenues from operations152159
Total other income580587
Other expense  
Salaries and employee benefits833808
Equipment and net occupancy129127
Outside data processing and software120106
Professional and other services85125
FDIC assessments6030
Advertising and marketing2031
Amortization of core deposit and other intangible assets1517
Other costs of operations134115
Total other expense1,3961,359
Income before taxes664926
Income taxes133224
Net income531702
Net income available to common shareholders  
Basic505676
Diluted$ 505$ 676
Net income per common share  
Basic$ 3.04$ 4.03
Diluted$ 3.02$ 4.01
Average common shares outstanding  
Basic166,460167,732
Diluted167,084168,410
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 customer124113
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 banks32,14428,069
Trading account99106
Investment securities  
Available for sale (cost: $12,396 at March 31, 2024; $10,691 at December 31, 2023)12,13410,440
Held to maturity (fair value: $13,865 at March 31, 2024; $14,308 at December 31, 2023)15,07815,330
Equity and other securities (cost: $1,279 at March 31, 2024; $1,125 at December 31, 2023)1,2841,127
Total investment securities28,49626,897
Loans and leases, net of unearned discount of $928 at March 31, 2024 and $868 at December 31, 2023134,973134,068
Allowance for credit losses(2,191)(2,129)
Loans and leases, net132,782131,939
Premises and equipment1,7071,739
Goodwill8,4658,465
Core deposit and other intangible assets132147
Accrued interest and other assets9,6179,171
Total assets215,137208,264
Liabilities  
Noninterest-bearing deposits50,57849,294
Savings and interest-checking deposits96,33993,221
Time deposits20,27920,759
Total deposits167,196163,274
Short-term borrowings4,7955,316
Accrued interest and other liabilities4,5274,516
Long-term borrowings11,4508,201
Total liabilities187,968181,307
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, 20232,0112,011
Common stock, $0.50 par, 250,000,000 shares authorized, 179,436,779 shares issued at March 31, 2024 and December 31, 20239090
Common stock issuable, [11,458] shares at March 31, 2024; 12,217 shares at December 31, 202311
Additional paid-in capital9,97610,020
Retained earnings17,81217,524
Accumulated other comprehensive income (loss), net(589)(459)
Treasury stock - common, at cost - [12,724,121] shares at March 31, 2024; 13,300,298 shares at December 31, 2023(2,132)(2,230)
Total shareholders’ equity27,16926,957
Total liabilities and shareholders’ equity$ 215,137$ 208,264
MTB
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
 WEBSITEhttps://www3.mtb.com
 INDUSTRYBanks Diversified
 EMPLOYEES22946

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 Fri May 17 2024, market cap of M&T Bank Corp is 25.67 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 Fri May 17 2024, MTB's PE ratio (Price to Earnings) is 9.99 and Price to Sales (PS) ratio is 2.41. 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 0.047 (multiply by 100 for percentage) rate of return.