M&T Bank (NYSE:MTB) Stock Rating Cut to Sell at Wall Street Zen

Posted by on Nov 7th, 2026

M&T Bank (NYSE:MTB – Get Free Report) was downgraded by investment analysts at Wall Street Zen from a “hold” rating to a “sell” rating in a report released on Saturday, Wall Street Zen reports.

A number of other equities analysts have also recently commented on the company. JPMorgan Chase & Co. lowered their target price on M&T Bank from $265.50 to $248.50 and set a “neutral” rating for the company in a report on Friday, October 2nd. Wolfe Research cut shares of M&T Bank from a “peer perform” rating to an “underperform” rating and set a $198.00 target price on the stock. in a research report on Tuesday, October 27th. Truist Financial reduced their price target 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. Robert W. Baird lifted their target price on M&T Bank from $240.00 to $250.00 and gave the stock a “neutral” rating in a report on Thursday, July 16th. Finally, Evercore set a $230.00 target price on M&T Bank in a report on Thursday, October 1st. Eight investment analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, M&T Bank presently has an average rating of “Hold” and an average price target of $244.89.

Get Our Latest Stock Analysis on M&T Bank

M&T Bank Stock Performance

Shares of MTB opened at $218.16 on Friday. The company has a debt-to-equity ratio of 0.54, a current ratio of 0.89 and a quick ratio of 0.89. M&T Bank has a one year low of $179.75 and a one year high of $255.95. The business has a fifty day moving average of $224.35 and a 200 day moving average of $225.29. The firm has a market capitalization of $31.51 billion, a P/E ratio of 11.61, a PEG ratio of 1.30 and a beta of 0.64.

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

Insider Activity

In other M&T Bank news, Director Rudina Seseri sold 623 shares of the business’s stock in a transaction dated Friday, August 21st. The stock was sold at an average price of $241.04, for a total value of $150,167.92. Following the completion of the transaction, the director owned 3,649 shares of the company’s stock, valued at approximately $879,554.96. The trade was a 14.58% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Rene F. Jones sold 19,396 shares of the firm’s stock in a transaction dated Monday, September 14th. The stock was sold at an average price of $239.35, for a total transaction of $4,642,432.60. Following the completion of the sale, the chief executive officer owned 103,831 shares of the company’s stock, valued at $24,851,949.85. This trade represents a 15.74% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.44% of the company’s stock.

Hedge Funds Weigh In On M&T Bank

A number of institutional investors and hedge funds have recently added to or reduced their stakes in MTB. Bank of New York Mellon Corp acquired a new stake in shares of M&T Bank during the second quarter worth about $330,978,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in shares of M&T Bank by 2.6% in the second quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,060,517 shares of the financial services provider’s stock worth $252,414,000 after acquiring an additional 26,486 shares during the last quarter. Aberdeen Group plc lifted its stake in M&T Bank by 332.1% in the 3rd quarter. Aberdeen Group plc now owns 523,220 shares of the financial services provider’s stock valued at $113,853,000 after acquiring an additional 402,126 shares in the last quarter. Davis Asset Management L.P. acquired a new position in M&T Bank in the second quarter valued at about $97,584,000. Finally, Hsbc Holdings PLC grew its holdings in shares of M&T Bank by 18.9% during the second quarter. Hsbc Holdings PLC now owns 396,157 shares of the financial services provider’s stock valued at $94,364,000 after buying an additional 62,877 shares during the last quarter. Institutional investors and hedge funds own 84.68% of the company’s stock.

M&T Bank Company Profile

(Get Free Report)

M&T Bank Corporation is a regional financial holding company headquartered in Buffalo, New York. Founded in 1856 as Manufacturers and Traders Bank, the company operates primarily through M&T Bank and its wealth-management subsidiary, Wilmington Trust.

M&T provides retail and commercial banking services, including checking and savings accounts, loans, mortgages, credit cards, and cash-management services. Through Wilmington Trust and other businesses, it also offers wealth management, trust, investment, and related financial services.

The company serves individuals, businesses, and institutions across parts of the northeastern and Mid-Atlantic United States, with a presence extending into the Washington, DC, area.

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Analyst Recommendations for M&T Bank (NYSE:MTB)

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