Insider Selling: M&T Bank (NYSE:MTB) Director Sells $150,167.92 in Stock

Posted by Brenda Bartman on Aug 28th, 2026

M&T Bank Corporation (NYSE:MTB – Get Free Report) Director Rudina Seseri sold 623 shares of the company’s stock in a transaction on Friday, August 21st. The shares were sold at an average price of $241.04, for a total transaction of $150,167.92. Following the completion of the transaction, the director owned 3,649 shares of the company’s stock, valued at $879,554.96. This represents a 14.58% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

M&T Bank Stock Down 1.2%

MTB opened at $238.52 on Friday. The business’s 50-day simple moving average is $244.34 and its 200-day simple moving average is $225.76. The company has a debt-to-equity ratio of 0.53, a quick ratio of 0.96 and a current ratio of 0.96. M&T Bank Corporation has a one year low of $174.76 and a one year high of $255.95. The stock has a market capitalization of $34.45 billion, a P/E ratio of 12.59, a price-to-earnings-growth ratio of 1.12 and a beta of 0.57.

M&T Bank (NYSE:MTB – Get Free Report) last announced its earnings results on Wednesday, July 15th. The financial services provider reported $5.35 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.66 by $0.69. The firm had revenue of $2.53 billion during the quarter, compared to analysts’ expectations of $2.46 billion. M&T Bank had a return on equity of 11.80% and a net margin of 22.72%.During the same period in the prior year, the firm earned $4.28 EPS. Analysts anticipate that M&T Bank Corporation will post 19.43 EPS for the current year.

M&T Bank Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 1st will be paid a $1.50 dividend. The ex-dividend date is Tuesday, September 1st. This represents a $6.00 dividend on an annualized basis and a yield of 2.5%. M&T Bank’s payout ratio is currently 31.68%.

Institutional Investors Weigh In On M&T Bank

Several large investors have recently modified their holdings of the stock. Amundi grew its position in M&T Bank by 7.7% in the 2nd quarter. Amundi now owns 388,916 shares of the financial services provider’s stock valued at $92,566,000 after buying an additional 27,795 shares during the last quarter. HighTower Advisors LLC raised its position in M&T Bank by 4.6% during the 2nd quarter. HighTower Advisors LLC now owns 54,108 shares of the financial services provider’s stock worth $12,878,000 after buying an additional 2,366 shares during the last quarter. VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new position in M&T Bank during the 2nd quarter worth $595,000. California State Teachers Retirement System raised its position in M&T Bank by 23,449.1% during the 2nd quarter. California State Teachers Retirement System now owns 50,491,441 shares of the financial services provider’s stock worth $12,017,468,000 after buying an additional 50,277,032 shares during the last quarter. Finally, Alan B Lancz & Associates Inc. acquired a new stake in shares of M&T Bank in the 2nd quarter worth $212,000. Hedge funds and other institutional investors own 84.68% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on MTB. Evercore set a $260.00 target price on shares of M&T Bank in a research report on Monday, July 6th. Robert W. Baird upped their price target on shares of M&T Bank from $240.00 to $250.00 and gave the company a “neutral” rating in a research report on Thursday, July 16th. Deutsche Bank Aktiengesellschaft cut shares of M&T Bank from a “buy” rating to a “hold” rating and set a $250.00 price target for the company. in a research note on Thursday, July 23rd. Keefe, Bruyette & Woods raised their price objective on shares of M&T Bank from $242.00 to $250.00 and gave the stock a “market perform” rating in a research report on Thursday, July 16th. Finally, Barclays lifted their price objective on shares of M&T Bank from $236.00 to $267.00 and gave the company an “equal weight” rating in a research note on Thursday, July 16th. Seven research analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, M&T Bank currently has a consensus rating of “Hold” and a consensus target price of $253.43.

View Our Latest Analysis on MTB

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.