M&T Bank (NYSE:MTB) Hits New 52-Week High – Time to Buy?

Posted by Brenda Bartman on Aug 13th, 2026

M&T Bank Corporation (NYSE:MTB – Get Free Report) reached a new 52-week high during trading on Thursday . The stock traded as high as $255.68 and last traded at $254.9880, with a volume of 42561 shares changing hands. The stock had previously closed at $253.55.

Analysts Set New Price Targets

MTB has been the subject of several research reports. Weiss Ratings reiterated a “buy (b)” rating on shares of M&T Bank in a research note on Thursday, June 4th. JPMorgan Chase & Co. raised their target price on shares of M&T Bank from $251.50 to $265.50 and gave the company a “neutral” rating in a research note on Wednesday, July 29th. Wall Street Zen upgraded shares of M&T Bank from a “sell” rating to a “hold” rating in a report on Monday, July 20th. Wells Fargo & Company upped their price target on shares of M&T Bank from $215.00 to $224.00 and gave the stock an “underweight” rating in a research report on Thursday, July 16th. Finally, Evercore set a $260.00 price target on M&T Bank in a report on Monday, July 6th. Seven investment analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $252.28.

Check Out Our Latest Stock Report on MTB

M&T Bank Stock Performance

The company has a market capitalization of $36.75 billion, a price-to-earnings ratio of 13.44, a price-to-earnings-growth ratio of 1.17 and a beta of 0.57. The company has a current ratio of 0.96, a quick ratio of 0.96 and a debt-to-equity ratio of 0.53. The stock has a 50-day simple moving average of $240.00 and a 200-day simple moving average of $224.11.

M&T Bank (NYSE:MTB – Get Free Report) last released its quarterly earnings results on Wednesday, July 15th. The financial services provider reported $5.35 earnings per share for the quarter, topping analysts’ consensus estimates of $4.66 by $0.69. The business had revenue of $2.53 billion during the quarter, compared to the consensus estimate of $2.46 billion. M&T Bank had a net margin of 22.72% and a return on equity of 11.80%. During the same quarter last year, the company earned $4.28 earnings per share. On average, analysts anticipate that M&T Bank Corporation will post 19.42 earnings per share for the current year.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the stock. Bogart Wealth LLC increased its position in shares of M&T Bank by 233.3% in the 1st quarter. Bogart Wealth LLC now owns 120 shares of the financial services provider’s stock worth $25,000 after purchasing an additional 84 shares during the last quarter. Triumph Capital Management bought a new position in shares of M&T Bank during the third quarter worth about $32,000. Elyxium Wealth LLC bought a new position in shares of M&T Bank during the fourth quarter worth about $33,000. Bank of Jackson Hole Trust grew its stake in M&T Bank by 38.7% in the fourth quarter. Bank of Jackson Hole Trust now owns 215 shares of the financial services provider’s stock worth $43,000 after purchasing an additional 60 shares in the last quarter. Finally, FNY Investment Advisers LLC acquired a new position in M&T Bank in the second quarter worth about $51,000. 84.68% of the stock is currently owned by institutional investors.

About M&T Bank

(Get Free Report)

M&T Bank Corporation is a bank holding company headquartered in Buffalo, New York, that provides a broad range of banking and financial services to individuals, businesses and institutions. The company operates a commercial and retail banking franchise that includes deposit-taking, lending, and payment services delivered through branch networks, digital channels and commercial banking teams. M&T serves customers across the northeastern and mid‑Atlantic United States and has expanded its geographic footprint through strategic acquisitions.

Its core businesses include commercial banking for middle‑market and community businesses, consumer and retail banking, mortgage origination and servicing, treasury and cash management, and wealth management and trust services.