DA Davidson Forecasts M&T Bank’s Q1 Earnings (NYSE:MTB)

M&T Bank Co. (NYSE:MTB) – Equities research analysts at DA Davidson issued their Q1 2025 earnings per share (EPS) estimates for M&T Bank in a research report issued to clients and investors on Friday, January 17th. DA Davidson analyst P. Winter forecasts that the financial services provider will post earnings per share of $3.46 for the quarter. DA Davidson has a “Neutral” rating and a $223.00 price objective on the stock. The consensus estimate for M&T Bank’s current full-year earnings is $14.58 per share.

Other analysts have also recently issued reports about the company. Evercore ISI boosted their price objective on M&T Bank from $210.00 to $232.00 and gave the company an “outperform” rating in a research report on Wednesday, October 30th. Bank of America boosted their price objective on M&T Bank from $188.00 to $218.00 and gave the company a “buy” rating in a research report on Friday, October 18th. Piper Sandler boosted their price target on M&T Bank from $205.00 to $243.00 and gave the stock an “overweight” rating in a research report on Wednesday, November 27th. StockNews.com upgraded M&T Bank from a “sell” rating to a “hold” rating in a research report on Friday, October 18th. Finally, Truist Financial reiterated a “buy” rating and set a $236.00 price target (up from $233.00) on shares of M&T Bank in a research report on Friday. One investment analyst has rated the stock with a sell rating, nine have issued a hold rating and eight have assigned a buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $221.68.

M&T Bank Trading Up 0.4 %

Shares of NYSE:MTB opened at $196.88 on Monday. M&T Bank has a 12-month low of $128.31 and a 12-month high of $225.70. The company has a market capitalization of $32.67 billion, a PE ratio of 14.57, a PEG ratio of 2.16 and a beta of 0.79. The business has a 50 day moving average of $202.41 and a two-hundred day moving average of $183.95. The company has a current ratio of 0.99, a quick ratio of 0.99 and a debt-to-equity ratio of 0.44.

M&T Bank (NYSE:MTB) last released its earnings results on Thursday, January 16th. The financial services provider reported $3.92 EPS for the quarter, topping analysts’ consensus estimates of $3.70 by $0.22. M&T Bank had a return on equity of 9.52% and a net margin of 17.82%. During the same quarter in the prior year, the business earned $2.74 earnings per share.

M&T Bank Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Monday, December 2nd were given a dividend of $1.35 per share. This represents a $5.40 annualized dividend and a dividend yield of 2.74%. The ex-dividend date of this dividend was Monday, December 2nd. M&T Bank’s dividend payout ratio (DPR) is presently 39.97%.

Insider Transactions at M&T Bank

In other M&T Bank news, Director Kirk W. Walters sold 1,590 shares of M&T Bank stock in a transaction that occurred on Wednesday, November 6th. The stock was sold at an average price of $210.22, for a total transaction of $334,249.80. Following the transaction, the director now owns 2,108 shares of the company’s stock, valued at $443,143.76. The trade was a 43.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, EVP John R. Taylor sold 1,436 shares of M&T Bank stock in a transaction that occurred on Monday, October 28th. The stock was sold at an average price of $195.03, for a total value of $280,063.08. Following the transaction, the executive vice president now directly owns 5,618 shares in the company, valued at approximately $1,095,678.54. This trade represents a 20.36 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 64,994 shares of company stock valued at $13,331,878. Corporate insiders own 0.82% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the stock. Plato Investment Management Ltd grew its stake in shares of M&T Bank by 2,300.0% in the 3rd quarter. Plato Investment Management Ltd now owns 168 shares of the financial services provider’s stock valued at $30,000 after purchasing an additional 161 shares during the last quarter. Ashton Thomas Securities LLC purchased a new position in shares of M&T Bank in the 3rd quarter valued at approximately $32,000. Hexagon Capital Partners LLC grew its stake in shares of M&T Bank by 54.4% in the 3rd quarter. Hexagon Capital Partners LLC now owns 193 shares of the financial services provider’s stock valued at $34,000 after purchasing an additional 68 shares during the last quarter. Migdal Insurance & Financial Holdings Ltd. boosted its stake in shares of M&T Bank by 329.2% in the third quarter. Migdal Insurance & Financial Holdings Ltd. now owns 206 shares of the financial services provider’s stock valued at $37,000 after buying an additional 158 shares in the last quarter. Finally, Capital Performance Advisors LLP purchased a new stake in shares of M&T Bank in the third quarter valued at approximately $44,000. 84.68% of the stock is currently owned by hedge funds and other institutional investors.

About M&T Bank

M&T Bank Corporation operates as a bank holding company for Manufacturers and Traders Trust Company and Wilmington Trust, National Association that engages in the provision of retail and commercial banking products and services in the United States. The company operates through three segments: Commercial Bank, Retail Bank, and Institutional Services and Wealth Management.