JPMorgan Chase & Co. Increases M&T Bank (NYSE:MTB) Price Target to $265.50

Posted by Francis Steltz on Jul 29th, 2026

M&T Bank (NYSE:MTB – Get Free Report) had its price objective hoisted by analysts at JPMorgan Chase & Co. from $251.50 to $265.50 in a research report issued to clients and investors on Wednesday,Benzinga reports. The brokerage currently has a “neutral” rating on the financial services provider’s stock. JPMorgan Chase & Co.‘s price objective points to a potential upside of 5.53% from the stock’s current price.

A number of other analysts have also issued reports on MTB. UBS Group set a $280.00 price target on M&T Bank in a report on Wednesday. Deutsche Bank Aktiengesellschaft cut M&T Bank from a “buy” rating to a “hold” rating and set a $250.00 target price for the company. in a report on Thursday, July 23rd. The Goldman Sachs Group lifted their price objective on M&T Bank from $231.00 to $235.00 and gave the company a “neutral” rating in a report on Monday, April 6th. Argus raised their target price on shares of M&T Bank from $230.00 to $245.00 and gave the company a “buy” rating in a research report on Friday, April 17th. Finally, Evercore set a $260.00 price target on shares of M&T Bank in a report on Monday, July 6th. Seven research analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $253.53.

View Our Latest Stock Report on M&T Bank

M&T Bank Trading Down 0.4%

Shares of MTB stock traded down $1.02 on Wednesday, reaching $251.59. 487,929 shares of the company’s stock were exchanged, compared to its average volume of 1,165,380. The company’s fifty day simple moving average is $231.98 and its 200 day simple moving average is $221.20. M&T Bank has a 52 week low of $174.76 and a 52 week high of $255.00. The company has a current ratio of 0.89, a quick ratio of 0.94 and a debt-to-equity ratio of 0.53. The stock has a market capitalization of $36.84 billion, a PE ratio of 13.29, a P/E/G ratio of 1.15 and a beta of 0.57.

M&T Bank (NYSE:MTB – Get Free Report) last announced its quarterly earnings data on Wednesday, July 15th. The financial services provider reported $5.35 EPS for the quarter, beating the consensus estimate of $4.66 by $0.69. The company had revenue of $2.53 billion for 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 quarter in the prior year, the company posted $4.28 EPS. As a group, analysts forecast that M&T Bank will post 19.42 EPS for the current year.

M&T Bank declared that its board has initiated a stock buyback program on Tuesday, March 31st that permits the company to repurchase $5.00 billion in outstanding shares. This repurchase authorization permits the financial services provider to repurchase up to 16.7% of its shares through open market purchases. Shares repurchase programs are usually a sign that the company’s management believes its shares are undervalued.

Insider Activity at M&T Bank

In other M&T Bank news, EVP Christopher E. Kay sold 3,105 shares of the company’s stock in a transaction that occurred on Thursday, May 7th. The shares were sold at an average price of $216.50, for a total transaction of $672,232.50. Following the transaction, the executive vice president owned 6,753 shares in the company, valued at approximately $1,462,024.50. This represents a 31.50% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Corporate insiders own 0.44% of the company’s stock.

Hedge Funds Weigh In On M&T Bank

Several hedge funds have recently made changes to their positions in the company. FNY Investment Advisers LLC acquired a new stake in M&T Bank during the 2nd quarter worth about $51,000. First Citizens Financial Corp boosted its stake in shares of M&T Bank by 15.6% in the second quarter. First Citizens Financial Corp now owns 1,233 shares of the financial services provider’s stock worth $293,000 after buying an additional 166 shares during the last quarter. GAMMA Investing LLC grew its holdings in M&T Bank by 7.1% during the second quarter. GAMMA Investing LLC now owns 6,343 shares of the financial services provider’s stock worth $1,510,000 after acquiring an additional 422 shares during the period. Canandaigua National Bank & Trust Co. acquired a new stake in M&T Bank during the second quarter worth about $224,000. Finally, CoreCap Advisors LLC raised its position in M&T Bank by 2,310.0% during the second quarter. CoreCap Advisors LLC now owns 482 shares of the financial services provider’s stock valued at $115,000 after acquiring an additional 462 shares in the last quarter. 84.68% of the stock is owned by institutional investors and hedge funds.

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.