Zacks Research Estimates M&T Bank’s Q1 Earnings (NYSE:MTB)

M&T Bank Corporation (NYSE:MTB) – Investment analysts at Zacks Research lowered their Q1 2026 earnings estimates for shares of M&T Bank in a research report issued on Thursday, November 6th. Zacks Research analyst Team now anticipates that the financial services provider will post earnings per share of $3.95 for the quarter, down from their previous estimate of $3.96. The consensus estimate for M&T Bank’s current full-year earnings is $16.57 per share. Zacks Research also issued estimates for M&T Bank’s Q4 2026 earnings at $4.95 EPS.

M&T Bank (NYSE:MTB) last announced its quarterly earnings results on Wednesday, March 9th. The financial services provider reported $3.54 earnings per share for the quarter. M&T Bank had a return on equity of 10.62% and a net margin of 20.91%.The firm had revenue of $1.54 billion for the quarter.

Several other brokerages have also weighed in on MTB. UBS Group increased their price objective on shares of M&T Bank from $207.00 to $208.00 and gave the company a “neutral” rating in a research report on Tuesday, October 7th. Weiss Ratings raised shares of M&T Bank from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday. Wells Fargo & Company raised their price objective on shares of M&T Bank from $175.00 to $185.00 and gave the stock an “underweight” rating in a research report on Thursday, July 17th. Cantor Fitzgerald assumed coverage on M&T Bank in a report on Wednesday, September 10th. They set an “overweight” rating and a $228.00 price objective for the company. Finally, Truist Financial lowered their target price on M&T Bank from $227.00 to $217.00 and set a “buy” rating on the stock in a research note on Friday, October 17th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, M&T Bank presently has a consensus rating of “Moderate Buy” and an average target price of $217.76.

M&T Bank Stock Performance

Shares of NYSE MTB opened at $186.59 on Monday. The company has a current ratio of 0.97, a quick ratio of 0.97 and a debt-to-equity ratio of 0.49. The company has a market capitalization of $28.68 billion, a P/E ratio of 11.49, a P/E/G ratio of 0.87 and a beta of 0.66. M&T Bank has a 12 month low of $150.75 and a 12 month high of $225.70. The stock has a 50 day moving average of $190.63 and a 200-day moving average of $189.31.

Institutional Trading of M&T Bank

A number of institutional investors have recently modified their holdings of the stock. Wealth Preservation Advisors LLC bought a new position in shares of M&T Bank in the first quarter worth $25,000. WPG Advisers LLC acquired a new stake in M&T Bank during the first quarter worth about $25,000. Bank of Jackson Hole Trust increased its holdings in M&T Bank by 342.9% in the 3rd quarter. Bank of Jackson Hole Trust now owns 155 shares of the financial services provider’s stock valued at $31,000 after buying an additional 120 shares during the period. Golden State Wealth Management LLC increased its holdings in M&T Bank by 2,214.3% in the 2nd quarter. Golden State Wealth Management LLC now owns 162 shares of the financial services provider’s stock valued at $31,000 after buying an additional 155 shares during the period. Finally, Twin Peaks Wealth Advisors LLC acquired a new position in shares of M&T Bank in the 2nd quarter valued at approximately $36,000. 84.68% of the stock is currently owned by institutional investors.

Insider Activity

In related news, Director John P. Barnes sold 15,000 shares of the stock in a transaction that occurred on Friday, August 22nd. The stock was sold at an average price of $199.79, for a total transaction of $2,996,850.00. Following the sale, the director owned 17,866 shares of the company’s stock, valued at $3,569,448.14. This represents a 45.64% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Company insiders own 0.53% of the company’s stock.

M&T Bank Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Tuesday, September 2nd were given a $1.50 dividend. The ex-dividend date was Tuesday, September 2nd. This is a positive change from M&T Bank’s previous quarterly dividend of $1.35. This represents a $6.00 dividend on an annualized basis and a dividend yield of 3.2%. M&T Bank’s dividend payout ratio (DPR) is presently 36.95%.

About M&T Bank

M&T Bank Corp. operates as a bank holding company, which engages in the provision of retail and commercial banking, trust, wealth management, and investment services. It operates through the following segments: Commercial Bank, Retail Bank, Institutional Services and Wealth Management, and All Other.