M&T Bank (MTB)
(Delayed Data from NYSE)
$155.06 USD
+1.27 (0.83%)
Updated May 14, 2024 04:00 PM ET
After-Market: $155.04 -0.02 (-0.01%) 7:58 PM ET
3-Hold of 5 3
B Value F Growth C Momentum D VGM
Company Summary
Headquartered in Buffalo, N.Y. and founded in 1969, M&T Bank Corporation operates in New York, MD, New Jersey, PA, Delaware, CT, Virginia, WV and the District of Columbia through following segments:
The Business Banking segment provides various products and services including business loans and leases, credit cards, deposit products and financial services to small businesses and professionals.
The Commercial Banking segment provides commercial lending and leasing, letters of credit, deposit products and cash management services to middle-market and large commercial customers.
The Commercial Real Estate segment provides credit ...
Company Summary
Headquartered in Buffalo, N.Y. and founded in 1969, M&T Bank Corporation operates in New York, MD, New Jersey, PA, Delaware, CT, Virginia, WV and the District of Columbia through following segments:
The Business Banking segment provides various products and services including business loans and leases, credit cards, deposit products and financial services to small businesses and professionals.
The Commercial Banking segment provides commercial lending and leasing, letters of credit, deposit products and cash management services to middle-market and large commercial customers.
The Commercial Real Estate segment provides credit and deposit services to its customers.
The Discretionary Portfolio segment includes investment and trading securities, residential mortgage loans and other assets; short-term and long-term borrowed funds; foreign exchange services; brokered certificates of deposit and interest rate swap agreements related thereto; and Cayman Islands office deposits.
The Residential Mortgage Banking segment originates and services residential mortgage loans and sells substantially all of those loans in the secondary market to investors or to the Discretionary Portfolio segment.
The Retail Banking segment offers various services to consumers through several delivery channels and certain deposit products through the delivery channels of Wilmington Trust, N.A. Credit services offered by the segment include consumer installment loans, automobile loans, home equity loans and lines of credit and credit cards.
The ‘All Other’ category reflects other activities of the company that are not directly attributable to the reported segments.
In 2023, the company divested Collective Investment Trust (CIT) business to a private equity firm. In 2022, M&T Bank completed the acquisition of People's United for an all-stock deal valued at $8.3 billion. In 2015, M&T Bank closed its merger with Hudson City Bancorp in a $5.3-billion cash-and-stock deal.
As of Dec 31, 2023, M&T Bank had $208.26 billion of assets, $134.07 billion of loans and leases, net of unearned discount, $163.27 billion of deposits and $26.96 billion of shareholders' equity.
General Information
M&T Bank Corporation
ONE M&T PLAZA 5TH FLOOR
BUFFALO, NY 14203
Phone: 716-635-4000
Fax: 716-842-5021
Web: http://www3.mtb.com
Email: ir@mtb.com
Industry | Banks - Major Regional |
Sector | Finance |
Fiscal Year End | December |
Last Reported Quarter | 3/31/2024 |
Exp Earnings Date | 7/17/2024 |
EPS Information
Current Quarter EPS Consensus Estimate | 3.55 |
Current Year EPS Consensus Estimate | 13.94 |
Estimated Long-Term EPS Growth Rate | 8.60 |
Exp Earnings Date | 7/17/2024 |
Price and Volume Information
Zacks Rank | |
Yesterday's Close | 153.79 |
52 Week High | 155.33 |
52 Week Low | 108.53 |
Beta | 0.78 |
20 Day Moving Average | 877,547.69 |
Target Price Consensus | 160.23 |
4 Week | 9.12 |
12 Week | 11.19 |
YTD | 12.19 |
4 Week | 5.78 |
12 Week | 6.60 |
YTD | 2.49 |
Shares Outstanding (millions) | 166.85 |
Market Capitalization (millions) | 25,660.54 |
Short Ratio | NA |
Last Split Date | 10/6/2000 |
Dividend Yield | 3.38% |
Annual Dividend | $5.20 |
Payout Ratio | 0.35 |
Change in Payout Ratio | 0.00 |
Last Dividend Payout / Amount | 3/1/2024 / $1.30 |
Fundamental Ratios
P/E (F1) | 11.03 |
Trailing 12 Months | 10.20 |
PEG Ratio | 1.28 |
vs. Previous Year | -24.45% |
vs. Previous Quarter | 9.96% |
vs. Previous Year | 14.10% |
vs. Previous Quarter | 0.21% |
Price/Book | 1.02 |
Price/Cash Flow | 7.77 |
Price / Sales | 1.95 |
3/31/24 | 10.68 |
12/31/23 | 11.40 |
9/30/23 | 12.92 |
3/31/24 | 1.25 |
12/31/23 | 1.34 |
9/30/23 | 1.51 |
3/31/24 | 1.00 |
12/31/23 | 0.99 |
9/30/23 | 0.98 |
3/31/24 | 1.00 |
12/31/23 | 0.99 |
9/30/23 | 0.98 |
3/31/24 | 19.89 |
12/31/23 | 21.88 |
9/30/23 | 25.50 |
3/31/24 | 19.52 |
12/31/23 | 21.49 |
9/30/23 | 24.81 |
3/31/24 | 25.50 |
12/31/23 | 28.38 |
9/30/23 | 32.86 |
3/31/24 | 150.99 |
12/31/23 | 150.31 |
9/30/23 | 145.74 |
3/31/24 | NA |
12/31/23 | NA |
9/30/23 | NA |
3/31/24 | 0.46 |
12/31/23 | 0.33 |
9/30/23 | 0.29 |
3/31/24 | 29.65 |
12/31/23 | 23.33 |
9/30/23 | 21.38 |