M&T Bank (MTB) – Analysts’ Weekly Ratings Changes

Posted by on Nov 6th, 2026

Several brokerages have updated their recommendations and price targets on shares of M&T Bank (NYSE: MTB) in the last few weeks:

  • 10/27/2026 – M&T Bank was downgraded by Wolfe Research from “peer perform” to “underperform”. They now have a $198.00 price target on the stock.
  • 10/21/2026 – M&T Bank had its price target raised by Citigroup from $225.00 to $230.00. They now have a “neutral” rating on the stock.
  • 10/20/2026 – M&T Bank had its price target lowered by Truist Financial from $250.00 to $235.00. They now have a “hold” rating on the stock.
  • 10/19/2026 – M&T Bank had its price target lowered by DA Davidson from $262.00 to $258.00. They now have a “neutral” rating on the stock.
  • 10/19/2026 – M&T Bank had its price target lowered by Royal Bank Of Canada from $255.00 to $245.00. They now have an “outperform” rating on the stock.
  • 10/19/2026 – M&T Bank had its price target lowered by Morgan Stanley from $301.00 to $294.00. They now have an “overweight” rating on the stock.
  • 10/14/2026 – M&T Bank had its price target lowered by Cantor Fitzgerald from $285.00 to $255.00. They now have an “overweight” rating on the stock.
  • 10/8/2026 – M&T Bank is now covered by TD Cowen. They set a “hold” rating and a $245.00 price target on the stock.
  • 10/6/2026 – M&T Bank is now covered by Raymond James Financial. They set an “outperform” rating and a $250.00 price target on the stock.
  • 10/6/2026 – M&T Bank is now covered by Raymond James Financial. They set an “outperform” rating and a $250.00 price target on the stock.
  • 10/5/2026 – M&T Bank had its price target lowered by UBS Group from $255.00 to $238.00. They now have a “neutral” rating on the stock.
  • 10/2/2026 – M&T Bank had its price target lowered by JPMorgan Chase & Co. from $265.50 to $248.50. They now have a “neutral” rating on the stock.
  • 10/1/2026 – M&T Bank was given a new $230.00 price target by Evercore.
  • 9/28/2026 – M&T Bank had its price target lowered by Morgan Stanley from $304.00 to $301.00. They now have an “overweight” rating on the stock.
  • 9/24/2026 – M&T Bank had its price target lowered by Jefferies Financial Group from $300.00 to $275.00. They now have a “buy” rating on the stock.
  • 9/23/2026 – M&T Bank had its price target lowered by Truist Financial from $268.00 to $250.00. They now have a “hold” rating on the stock.
  • 9/8/2026 – M&T Bank was upgraded by Morgan Stanley from “equal weight” to “overweight”. They now have a $304.00 price target on the stock, up from $253.00.

M&T Bank Stock Performance

M&T Bank stock traded down $1.62 during trading hours on Friday, hitting $218.16. The stock had a trading volume of 859,201 shares, compared to its average volume of 1,111,083. The company has a 50-day moving average of $224.76 and a two-hundred day moving average of $225.26. The company has a quick ratio of 0.89, a current ratio of 0.89 and a debt-to-equity ratio of 0.54. The company has a market cap of $31.51 billion, a PE ratio of 11.39, a price-to-earnings-growth ratio of 1.30 and a beta of 0.64. M&T Bank Corporation has a fifty-two week low of $179.75 and a fifty-two week high of $255.95.

M&T Bank (NYSE:MTB – Get Free Report) last announced its quarterly earnings data on Friday, October 16th. The financial services provider reported $5.08 EPS for the quarter, topping analysts’ consensus estimates of $4.93 by $0.15. The company had revenue of $2.54 billion during the quarter, compared to the consensus estimate 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 last year, the company earned $4.82 EPS. On average, equities research analysts anticipate that M&T Bank Corporation will post 19.48 EPS for the current fiscal year.

M&T Bank Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 1st were paid a dividend of $1.50 per share. The ex-dividend date was Tuesday, September 1st. This represents a $6.00 dividend on an annualized basis and a yield of 2.8%. M&T Bank’s payout ratio is currently 31.32%.

Insiders Place Their Bets

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

M&T Bank Corporation is a regional financial holding company headquartered in Buffalo, New York. Its principal banking subsidiary, M&T Bank, was founded in 1856 and provides financial products and services to individuals, businesses and institutions.

The company’s offerings include consumer and commercial deposit accounts, residential and commercial real estate lending, business loans, credit cards, treasury management and other banking services. Through its wealth management and institutional businesses, including Wilmington Trust, M&T also provides investment management, fiduciary, trust, estate planning and related corporate services.

M&T Bank serves customers through branch locations and digital banking channels in several states, primarily across the Mid-Atlantic and Northeast, including New York, Pennsylvania, Maryland, New Jersey, Delaware, Virginia, West Virginia and the District of Columbia.

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