M&T Bank (NYSE:MTB) Upgraded at Wall Street Zen

Posted by Stanley Muller on Jul 23rd, 2026

Wall Street Zen upgraded shares of M&T Bank (NYSE:MTB – Free Report) from a sell rating to a hold rating in a report released on Monday morning.

Other research analysts also recently issued research reports about the company. Jefferies Financial Group restated a “buy” rating and issued a $300.00 price objective on shares of M&T Bank in a research note on Wednesday, July 15th. Cantor Fitzgerald lifted their target price on M&T Bank from $253.00 to $262.00 and gave the stock an “overweight” rating in a research note on Wednesday, July 15th. UBS Group boosted their price target on shares of M&T Bank from $225.00 to $252.00 and gave the stock a “neutral” rating in a report on Tuesday, July 7th. Robert W. Baird increased 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. Finally, JPMorgan Chase & Co. raised their price objective on shares of M&T Bank from $227.00 to $251.50 and gave the stock a “neutral” rating in a report on Monday, July 6th. Seven research analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $251.43.

Check Out Our Latest Report on M&T Bank

M&T Bank Price Performance

Shares of NYSE MTB opened at $250.85 on Monday. The company has a market capitalization of $36.74 billion, a PE ratio of 13.24, a PEG ratio of 1.15 and a beta of 0.57. The company has a quick ratio of 0.94, a current ratio of 0.89 and a debt-to-equity ratio of 0.53. The stock’s 50 day moving average price is $228.54 and its 200-day moving average price is $220.06. M&T Bank has a twelve month low of $174.76 and a twelve month high of $255.00.

M&T Bank (NYSE:MTB – Get Free Report) last issued its quarterly earnings results on Wednesday, July 15th. The financial services provider reported $5.35 EPS for the quarter, beating analysts’ consensus estimates of $4.66 by $0.69. The company had revenue of $2.53 billion during the quarter, compared to the consensus estimate 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 last year, the business posted $4.28 earnings per share. On average, equities analysts anticipate that M&T Bank will post 19.44 EPS for the current year.

M&T Bank declared that its Board of Directors has authorized a stock repurchase plan on Tuesday, March 31st that permits the company to buyback $5.00 billion in shares. This buyback authorization permits the financial services provider to purchase up to 16.7% of its shares through open market purchases. Shares buyback plans are usually an indication that the company’s management believes its shares are undervalued.

Insider Transactions at M&T Bank

In other M&T Bank news, EVP Christopher E. Kay sold 3,105 shares of the business’s stock in a transaction on Thursday, May 7th. The stock was sold at an average price of $216.50, for a total value of $672,232.50. Following the sale, the executive vice president directly owned 6,753 shares in the company, valued at $1,462,024.50. The trade was a 31.50% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 0.44% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On M&T Bank

Several large investors have recently added to or reduced their stakes in MTB. Bogart Wealth LLC boosted its position in M&T Bank by 233.3% during the first 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 period. Triumph Capital Management bought a new stake in shares of M&T Bank in the third quarter valued at approximately $32,000. Elyxium Wealth LLC purchased a new stake in shares of M&T Bank during the 4th quarter valued at approximately $33,000. Bank of Jackson Hole Trust lifted its stake in shares of M&T Bank by 38.7% during the 4th quarter. Bank of Jackson Hole Trust now owns 215 shares of the financial services provider’s stock valued at $43,000 after buying an additional 60 shares in the last quarter. Finally, Hoese & Co LLP bought a new position in M&T Bank in the 4th quarter worth approximately $50,000. Hedge funds and other institutional investors own 84.68% of the company’s stock.

M&T Bank Company Profile

(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.