MTB Stock Recent News

M&T Bank Corporation (MTB) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Lower expenses are likely to have supported M&T Bank's (MTB) bottom-line growth in third-quarter 2023. However, declining NII on softer loan demand is concerning.

M&T Bank is a nuanced hold with a $155 price target, suggesting limited upside. Sturdy foundation: Conservative lending, robust capital, consistent dividend. Challenges: Increased nonperforming loans, low credit allowance, projected negative revenue growth.

BUFFALO, N.Y. , Sept. 22, 2023 /PRNewswire/ -- M&T Bank Corporation ("M&T") (NYSE:MTB) plans to announce its third quarter 2023 earnings results in a press release that will be issued before the market opens on Wednesday, October 18, 2023.

M&T Bank's (MTB) top-line growth is supported by rising NII and non-interest income. However, high costs and significant exposure to commercial real estate loans are concerning.

BUFFALO, N.Y., Aug. 22, 2023 /PRNewswire/ -- M&T Bank Corporation ("M&T") (NYSE:MTB) announced today that it plans to host conference calls to review quarterly financial results on the following dates: Third quarter 2023 – Wednesday, October 18, 2023, at 10:00 a.m.

If you're a value investor looking for great businesses with cheap valuations, look no further than the banking sector in the United States. In early spring, the sector had been hit hard by a wave of awe-inducing bank failures.

The "Halftime Report" traders give their top picks to watch for the second half.

M&T Bank Corporation (MTB) came out with quarterly earnings of $5.12 per share, beating the Zacks Consensus Estimate of $4.11 per share. This compares to earnings of $3.10 per share a year ago.

M&T Bank Corporation beat Wall Street estimates for second-quarter profit on Wednesday, as the U.S. Federal Reserve's rapid rate hikes to tame inflation boosted the lender's interest income.