FY2026 Earnings Forecast for M&T Bank Issued By DA Davidson

M&T Bank Co. (NYSE:MTB) – Equities research analysts at DA Davidson boosted their FY2026 earnings per share estimates for M&T Bank in a research report issued to clients and investors on Wednesday, April 2nd. DA Davidson analyst P. Winter now expects that the financial services provider will post earnings of $18.54 per share for the year, up from their prior forecast of $18.52. DA Davidson currently has a “Neutral” rating and a $223.00 price target on the stock. The consensus estimate for M&T Bank’s current full-year earnings is $16.57 per share.

A number of other equities research analysts also recently weighed in on the company. Compass Point boosted their target price on M&T Bank from $220.00 to $250.00 and gave the stock a “neutral” rating in a research report on Tuesday, December 10th. Evercore ISI dropped their price objective on M&T Bank from $234.00 to $205.00 and set an “outperform” rating for the company in a report on Thursday, March 13th. Wells Fargo & Company reduced their target price on shares of M&T Bank from $205.00 to $185.00 and set an “underweight” rating on the stock in a research note on Friday, March 28th. Citigroup dropped their price target on shares of M&T Bank from $230.00 to $195.00 and set a “neutral” rating for the company in a research note on Monday, March 24th. Finally, Morgan Stanley reduced their price objective on shares of M&T Bank from $269.00 to $253.00 and set an “overweight” rating on the stock in a research note on Thursday, March 13th. One equities research analyst has rated the stock with a sell rating, nine have given a hold rating and eight have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $215.97.

M&T Bank Stock Performance

MTB stock opened at $157.13 on Thursday. The company has a 50 day moving average price of $186.82 and a 200 day moving average price of $192.54. M&T Bank has a fifty-two week low of $133.03 and a fifty-two week high of $225.70. The company has a debt-to-equity ratio of 0.47, a current ratio of 0.98 and a quick ratio of 0.99. The stock has a market capitalization of $25.82 billion, a PE ratio of 10.74, a price-to-earnings-growth ratio of 1.38 and a beta of 0.58.

M&T Bank (NYSE:MTB) last announced its earnings results on Thursday, January 16th. The financial services provider reported $3.92 earnings per share for the quarter, topping analysts’ consensus estimates of $3.70 by $0.22. M&T Bank had a net margin of 19.24% and a return on equity of 10.12%. During the same period in the prior year, the firm earned $2.74 earnings per share.

M&T Bank announced that its Board of Directors has approved a share buyback program on Wednesday, January 22nd that allows the company to repurchase $4.00 billion in outstanding shares. This repurchase authorization allows the financial services provider to reacquire up to 12.3% of its shares through open market purchases. Shares repurchase programs are usually an indication that the company’s leadership believes its stock is undervalued.

M&T Bank Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Monday, March 3rd were given a dividend of $1.35 per share. This represents a $5.40 dividend on an annualized basis and a dividend yield of 3.44%. The ex-dividend date of this dividend was Monday, March 3rd. M&T Bank’s dividend payout ratio is currently 36.91%.

Insider Activity

In related news, EVP Christopher E. Kay sold 1,738 shares of the firm’s stock in a transaction on Wednesday, March 12th. The shares were sold at an average price of $172.34, for a total transaction of $299,526.92. Following the sale, the executive vice president now directly owns 10,751 shares in the company, valued at $1,852,827.34. This trade represents a 13.92 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. 0.53% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On M&T Bank

A number of institutional investors and hedge funds have recently added to or reduced their stakes in MTB. Hennion & Walsh Asset Management Inc. boosted its position in shares of M&T Bank by 34.7% during the fourth quarter. Hennion & Walsh Asset Management Inc. now owns 7,835 shares of the financial services provider’s stock worth $1,473,000 after buying an additional 2,018 shares during the period. Flagship Harbor Advisors LLC lifted its stake in M&T Bank by 89.8% in the 4th quarter. Flagship Harbor Advisors LLC now owns 2,737 shares of the financial services provider’s stock valued at $515,000 after acquiring an additional 1,295 shares in the last quarter. US Bancorp DE boosted its position in M&T Bank by 24.3% during the 4th quarter. US Bancorp DE now owns 8,382 shares of the financial services provider’s stock worth $1,576,000 after acquiring an additional 1,639 shares during the last quarter. Summit Trail Advisors LLC bought a new position in shares of M&T Bank during the 4th quarter worth approximately $290,000. Finally, Valeo Financial Advisors LLC bought a new position in shares of M&T Bank during the 4th quarter worth approximately $297,000. 84.68% of the stock is owned by institutional investors and hedge funds.

M&T Bank Company Profile

M&T Bank Corp. operates as a bank holding company, which engages in the provision of retail and commercial banking, trust, wealth management, and investment services. It operates through the following segments: Commercial Bank, Retail Bank, Institutional Services and Wealth Management, and All Other.