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M&T Bank (MTB)

(Delayed Data from NYSE)

$146.86 USD

146.86
727,096

+1.18 (0.81%)

Updated Apr 23, 2024 03:59 PM ET

After-Market: $146.85 -0.01 (-0.01%) 7:58 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.20%
2Buy18.04%
3Hold9.52%
4Sell5.20%
5Strong Sell2.60%
S&P50011.13%

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3-Hold of 5     3    

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

Zacks Style Scores Education - Learn more about the Zacks Style Scores

B Value D Growth A Momentum B VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Top 17% (44 out of 252)

Industry: Banks - Major Regional

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Better trading starts here.

Balance Sheet

Research for MTB

The Zacks Equity Research reports, or ZER for short, are our in-house, independently produced research reports.

The ever popular one-page Snapshot reports are generated for virtually every single Zacks Ranked stock. It's packed with all of the company's key stats and salient decision making information. Including the Zacks Rank, Zacks Industry Rank, Style Scores, the Price, Consensus & Surprise chart, graphical estimate analysis and how a stocks stacks up to its peers.

The detailed multi-page Analyst report does an even deeper dive on the company's vital statistics. In addition to all of the proprietary analysis in the Snapshot, the report also visually displays the four components of the Zacks Rank (Agreement, Magnitude, Upside and Surprise); provides a comprehensive overview of the company business drivers, complete with earnings and sales charts; a recap of their last earnings report; and a bulleted list of reasons to buy or sell the stock. It also includes an industry comparison table to see how your stock compares to its expanded industry, and the S&P 500.

Researching stocks has never been so easy or insightful as with the ZER Analyst and Snapshot reports.

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Fiscal Year End for M&T Bank Corporation falls in the month of December.

All items in Millions except Per Share data.

12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Assets          
Cash & Equivalents 29,906 26,597 43,678 26,285 9,097
Receivables 141,110 138,569 98,532 103,501 95,516
Notes Receivable 0 0 0 0 0
Inventories 0 0 0 0 0
Other Current Assets 0 0 0 0 0
Total Current Assets 171,016 165,166 142,209 129,787 104,612
Net Property & Equipment 1,739 1,654 1,145 1,162 1,141
Investments & Advances 26,897 25,211 7,156 7,046 9,497
Other Non-Current Assets 0 0 0 0 0
Deferred Charges 0 0 0 0 0
Intangibles 8,612 8,699 4,597 4,607 4,622
Deposits & Other Assets 0 0 0 0 0
Total Assets 208,264 200,730 155,107 142,601 119,873
Liabilities & Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Notes Payable 5,316 3,555 47 59 62
Accounts Payable 163,274 163,515 131,543 119,806 94,770
Current Portion Long-Term Debt 0 0 0 0 0
Current Portion Capital Leases 0 0 0 0 0
Accrued Expenses 4,516 4,378 2,128 2,166 2,337
Income Taxes Payable 0 0 0 0 0
Other Current Liabilities 0 0 0 0 0
Total Current Liabilities 173,106 171,447 133,718 122,032 97,170
Mortgages 0 0 0 0 0
Deferred Taxes/Income 0 0 0 0 0
Convertible Debt 0 0 0 0 0
Long-Term Debt 8,201 3,965 3,485 4,382 6,986
Non-Current Capital Leases 0 0 0 0 0
Other Non-Current Liabilities 0 0 0 0 0
Minority Interest (Liabilities) 0 0 0 0 0
Total Liabilities 181,307 175,412 137,204 126,414 104,156
Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Preferred Stock 2,011 2,011 1,750 1,250 1,250
Common Stock (Par) 90 90 80 80 80
Capital Surplus 10,020 10,003 6,635 6,617 6,594
Retained Earnings 17,524 15,754 14,646 13,444 12,821
Other Equity -458 -789 -126 -62 -205
Treasury Stock 2,230 1,750 5,082 5,143 4,823
Total Shareholder's Equity 26,957 25,318 17,903 16,187 15,717
Total Liabilities & Shareholder's Equity 208,264 200,730 155,107 142,601 119,873
Total Common Equity 24,946 23,307 16,153 14,937 14,467
Shares Outstanding 165.90 172.60 128.60 128.20 131.90
Book Value Per Share 150.37 135.04 125.61 116.52 109.68

Fiscal Year End for M&T Bank Corporation falls in the month of December.

All items in Millions except Per Share data.

3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Assets          
Cash & Equivalents 33,938 29,906 32,020 29,093 24,289
Receivables 132,782 141,110 139,460 140,347 139,878
Notes Receivable NA 0 0 0 0
Inventories NA 0 0 0 0
Other Current Assets NA 0 0 0 0
Total Current Assets 166,720 171,016 171,480 169,440 164,167
Net Property & Equipment NA 1,739 1,681 1,673 1,664
Investments & Advances 28,496 26,897 27,336 27,916 28,443
Other Non-Current Assets NA 0 0 0 0
Deferred Charges NA 0 0 0 0
Intangibles 8,597 8,612 8,627 8,642 8,682
Deposits & Other Assets 11,324 0 0 0 0
Total Assets 215,137 208,264 209,124 207,672 202,956
Liabilities & Shareholders Equity 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Notes Payable 4,795 5,316 6,731 7,908 6,995
Accounts Payable 167,196 163,274 164,128 162,058 159,075
Current Portion Long-Term Debt NA 0 0 0 0
Current Portion Capital Leases NA 0 0 0 0
Accrued Expenses 4,527 4,516 4,946 4,488 4,046
Income Taxes Payable NA 0 0 0 0
Other Current Liabilities NA 0 0 0 0
Total Current Liabilities 176,518 173,106 175,804 174,454 170,116
Mortgages NA 0 0 0 0
Deferred Taxes/Income NA 0 0 0 0
Convertible Debt NA 0 0 0 0
Long-Term Debt 11,450 8,201 7,123 7,417 7,463
Non-Current Capital Leases NA 0 0 0 0
Other Non-Current Liabilities NA 0 0 0
Minority Interest (Liabilities) NA 0 0 0 0
Total Liabilities 187,968 181,307 182,928 181,871 177,579
Shareholders Equity 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Preferred Stock 2,011 2,011 2,011 2,011 2,011
Common Stock (Par) 25,158 90 90 90 90
Capital Surplus NA 10,020 10,012 10,000 9,986
Retained Earnings NA 17,524 17,284 16,837 16,212
Other Equity NA -458 -941 -864 -644
Treasury Stock NA 2,230 2,260 2,273 2,278
Total Shareholder's Equity 27,169 26,957 26,197 25,801 25,377
Total Liabilities & Shareholder's Equity 215,137 208,264 209,124 207,672 202,956
Total Common Equity 25,158 24,946 24,186 23,790 23,367
Shares Outstanding 166.60 165.90 165.90 165.80 168.00
Book Value Per Share 151.01 150.37 145.79 143.49 139.09