Morgan Stanley Issues Pessimistic Forecast for M&T Bank (NYSE:MTB) Stock Price

Posted by Brian Himes on Sep 30th, 2026

M&T Bank (NYSE:MTB – Get Free Report) had its price objective reduced by equities researchers at Morgan Stanley from $304.00 to $301.00 in a research report issued on Monday, Marketbeat Ratings reports. The firm currently has an “overweight” rating on the financial services provider’s stock. Morgan Stanley’s target price would suggest a potential upside of 38.43% from the company’s current price.

MTB has been the subject of several other research reports. Robert W. Baird lifted their price target on shares of M&T Bank from $240.00 to $250.00 and gave the stock a “neutral” rating in a research report on Thursday, July 16th. JPMorgan Chase & Co. upped their target price on shares of M&T Bank from $251.50 to $265.50 and gave the company a “neutral” rating in a research report on Wednesday, July 29th. Truist Financial cut their price target on M&T Bank from $268.00 to $250.00 and set a “hold” rating on the stock in a research note on Wednesday, September 23rd. UBS Group raised their price target on M&T Bank from $252.00 to $255.00 and gave the stock a “neutral” rating in a research report on Monday, August 3rd. Finally, Cantor Fitzgerald lifted their price objective on M&T Bank from $262.00 to $285.00 and gave the stock an “overweight” rating in a research note on Wednesday, August 19th. Eight equities research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $253.68.

Read Our Latest Stock Analysis on M&T Bank

M&T Bank Stock Down 1.4%

NYSE MTB opened at $217.44 on Monday. The stock has a fifty day moving average of $240.27 and a 200-day moving average of $227.10. The stock has a market capitalization of $31.40 billion, a P/E ratio of 11.48, a price-to-earnings-growth ratio of 1.25 and a beta of 0.56. M&T Bank has a 52 week low of $174.76 and a 52 week high of $255.95. The company has a debt-to-equity ratio of 0.53, a quick ratio of 0.96 and a current ratio of 0.96.

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 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.66 by $0.69. The business had revenue of $2.53 billion for the quarter, compared to analyst estimates 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 firm posted $4.28 earnings per share. On average, equities research analysts forecast that M&T Bank will post 19.45 EPS for the current year.

Insider Activity

In other M&T Bank news, CEO René Jones sold 19,396 shares of the stock in a transaction dated Monday, September 14th. The stock was sold at an average price of $239.35, for a total value of $4,642,432.60. Following the completion of the sale, the chief executive officer directly owned 103,831 shares in the company, valued at $24,851,949.85. This represents a 15.74% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available 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 value of $150,167.92. Following the sale, the director directly owned 3,649 shares in the company, valued at approximately $879,554.96. This represents a 14.58% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 20,028 shares of company stock valued at $4,794,884 over the last 90 days. Corporate insiders own 0.44% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the stock. Bank of New York Mellon Corp increased its position in shares of M&T Bank by 3.6% during the fourth quarter. Bank of New York Mellon Corp now owns 1,416,224 shares of the financial services provider’s stock worth $285,341,000 after acquiring an additional 49,336 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in shares of M&T Bank by 2.6% during 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 period. Davis Asset Management L.P. bought a new stake in M&T Bank in the 2nd quarter valued at $97,584,000. Hsbc Holdings PLC lifted its position in M&T Bank by 18.9% in the 2nd quarter. Hsbc Holdings PLC now owns 396,157 shares of the financial services provider’s stock valued at $94,364,000 after acquiring an additional 62,877 shares in the last quarter. Finally, Amundi boosted its stake in M&T Bank by 7.7% in the 2nd quarter. Amundi now owns 388,916 shares of the financial services provider’s stock worth $92,566,000 after purchasing an additional 27,795 shares during the period. Institutional investors own 84.68% of the company’s stock.

M&T Bank Company Profile

(Get Free Report)

M&T Bank Corporation is a regional financial services company headquartered in Buffalo, New York. Founded in 1856, the company operates primarily through its M&T Bank subsidiary and serves consumers, businesses, institutions and government entities.

M&T Bank provides a range of banking products and services, including checking and savings accounts, consumer lending, residential mortgages, credit cards, commercial loans, treasury management and investment services. Through its wealth management and institutional businesses, the company also offers trust, investment management, custody and related financial services.

The bank serves customers across a footprint concentrated in the Mid-Atlantic and Northeastern United States, including New York, Pennsylvania, Maryland, New Jersey, Delaware, Virginia, West Virginia and Washington, DC Its businesses also include Wilmington Trust, which provides wealth management, corporate and institutional trust, and related services.

John R.