Cora Capital Advisors LLC Sells 3,718 Shares of M&T Bank Corporation $MTB

Posted by George Bondi on Nov 6th, 2026

Cora Capital Advisors LLC reduced its stake in shares of M&T Bank Corporation (NYSE:MTB – Free Report) by 72.4% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,418 shares of the financial services provider’s stock after selling 3,718 shares during the quarter. Cora Capital Advisors LLC’s holdings in M&T Bank were worth $309,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in MTB. Wedmont Private Capital lifted its stake in shares of M&T Bank by 1.0% in the 2nd quarter. Wedmont Private Capital now owns 4,405 shares of the financial services provider’s stock valued at $1,067,000 after purchasing an additional 45 shares during the last quarter. Integrity Alliance LLC. increased its position in shares of M&T Bank by 2.0% during the 3rd quarter. Integrity Alliance LLC. now owns 2,449 shares of the financial services provider’s stock valued at $533,000 after purchasing an additional 48 shares during the last quarter. CX Institutional increased its position in shares of M&T Bank by 3.4% during the 2nd quarter. CX Institutional now owns 1,650 shares of the financial services provider’s stock valued at $393,000 after purchasing an additional 54 shares during the last quarter. Cidel Asset Management Inc. raised its holdings in M&T Bank by 5.4% during the 2nd quarter. Cidel Asset Management Inc. now owns 1,196 shares of the financial services provider’s stock valued at $285,000 after buying an additional 61 shares during the period. Finally, Hudock Inc. raised its holdings in M&T Bank by 0.4% during the 3rd quarter. Hudock Inc. now owns 13,891 shares of the financial services provider’s stock valued at $3,023,000 after buying an additional 62 shares during the period. 84.68% of the stock is owned by institutional investors.

M&T Bank Price Performance

Shares of MTB stock opened at $219.80 on Friday. The stock has a 50 day moving average price of $224.76 and a 200 day moving average price of $225.26. M&T Bank Corporation has a 52-week low of $179.75 and a 52-week high of $255.95. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.89 and a current ratio of 0.89. The firm has a market capitalization of $31.74 billion, a P/E ratio of 11.62, a P/E/G ratio of 1.30 and a beta of 0.64.

M&T Bank (NYSE:MTB – Get Free Report) last announced its quarterly earnings data on Friday, October 16th. The financial services provider reported $5.08 EPS for the quarter, beating the consensus estimate of $4.93 by $0.15. M&T Bank had a return on equity of 11.86% and a net margin of 22.63%. The company had revenue of $2.54 billion for the quarter, compared to the consensus estimate of $2.53 billion. During the same quarter in the prior year, the company posted $4.82 EPS. As a group, sell-side analysts predict that M&T Bank Corporation will post 19.48 earnings per share for the current year.

M&T Bank Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 1st were paid a dividend of $1.50 per share. This represents a $6.00 dividend on an annualized basis and a dividend yield of 2.7%. The ex-dividend date of this dividend was Tuesday, September 1st. M&T Bank’s payout ratio is currently 31.32%.

Insiders Place Their Bets

In other news, CEO René Jones sold 19,396 shares of the company’s stock in a transaction dated Monday, September 14th. The shares were sold at an average price of $239.35, for a total value of $4,642,432.60. Following the transaction, the chief executive officer directly owned 103,831 shares in the company, valued at approximately $24,851,949.85. This represents a 15.74% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Rudina Seseri sold 623 shares of the firm’s stock in a transaction dated Friday, August 21st. The stock was sold at an average price of $241.04, for a total transaction of $150,167.92. Following the completion of the transaction, the director directly owned 3,649 shares in the company, valued at $879,554.96. This represents a 14.58% decrease in their position. The SEC filing for this sale provides additional information. 0.44% of the stock is currently owned by insiders.

Analyst Ratings Changes

Several research firms have commented on MTB. Keefe, Bruyette & Woods lifted 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 note on Thursday, July 16th. Truist Financial cut their price objective on shares of M&T Bank from $250.00 to $235.00 and set a “hold” rating on the stock in a research report on Tuesday, October 20th. TD Cowen initiated coverage on shares of M&T Bank in a research note on Thursday, October 8th. They issued a “hold” rating and a $245.00 target price on the stock. Evercore set a $230.00 target price on shares of M&T Bank in a report on Thursday, October 1st. Finally, JPMorgan Chase & Co. dropped their price target on shares of M&T Bank from $265.50 to $248.50 and set a “neutral” rating for the company in a research note on Friday, October 2nd. Eight investment analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $244.89.

View Our Latest Report on MTB

M&T Bank Company Profile

(Free Report)

M&T Bank Corporation is a regional financial holding company headquartered in Buffalo, New York. Its principal banking subsidiary, M&T Bank, was founded in 1856 and provides financial products and services to individuals, businesses and institutions.

The company’s offerings include consumer and commercial deposit accounts, residential and commercial real estate lending, business loans, credit cards, treasury management and other banking services. Through its wealth management and institutional businesses, including Wilmington Trust, M&T also provides investment management, fiduciary, trust, estate planning and related corporate services.

M&T Bank serves customers through branch locations and digital banking channels in several states, primarily across the Mid-Atlantic and Northeast, including New York, Pennsylvania, Maryland, New Jersey, Delaware, Virginia, West Virginia and the District of Columbia.