DA Davidson Weighs in on M&T Bank’s Q2 Earnings (NYSE:MTB)

M&T Bank Co. (NYSE:MTB) – Research analysts at DA Davidson issued their Q2 2025 earnings estimates for shares of M&T Bank in a report released on Tuesday, April 15th. DA Davidson analyst P. Winter forecasts that the financial services provider will post earnings per share of $3.94 for the quarter. DA Davidson currently has a “Neutral” rating and a $189.00 target price on the stock. The consensus estimate for M&T Bank’s current full-year earnings is $16.57 per share. DA Davidson also issued estimates for M&T Bank’s FY2025 earnings at $15.89 EPS.

Other equities analysts also recently issued reports about the company. Evercore ISI decreased their price target on M&T Bank from $234.00 to $205.00 and set an “outperform” rating for the company in a research note on Thursday, March 13th. Citigroup lowered their price target on M&T Bank from $230.00 to $195.00 and set a “neutral” rating for the company in a report on Monday, March 24th. JPMorgan Chase & Co. reduced their price objective on M&T Bank from $212.50 to $186.50 and set a “neutral” rating on the stock in a research note on Thursday, April 3rd. Morgan Stanley lowered their target price on shares of M&T Bank from $269.00 to $253.00 and set an “overweight” rating for the company in a research note on Thursday, March 13th. Finally, StockNews.com upgraded shares of M&T Bank from a “sell” rating to a “hold” rating in a research report on Wednesday, February 5th. One research analyst has rated the stock with a sell rating, nine have assigned a hold rating and nine have given a buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average target price of $208.14.

M&T Bank Price Performance

Shares of NYSE MTB opened at $159.47 on Wednesday. The business has a 50 day moving average price of $179.62 and a two-hundred day moving average price of $191.54. M&T Bank has a fifty-two week low of $136.18 and a fifty-two week high of $225.70. The firm has a market cap of $26.20 billion, a PE ratio of 10.90, a price-to-earnings-growth ratio of 1.38 and a beta of 0.58. The company has a quick ratio of 0.99, a current ratio of 0.98 and a debt-to-equity ratio of 0.47.

M&T Bank (NYSE:MTB) last posted its quarterly earnings data on Monday, April 14th. The financial services provider reported $3.38 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $3.41 by ($0.03). The firm had revenue of $2.31 billion for the quarter, compared to analysts’ expectations of $2.35 billion. M&T Bank had a net margin of 19.24% and a return on equity of 10.12%. During the same quarter in the prior year, the business earned $3.09 EPS.

Institutional Investors Weigh In On M&T Bank

Large investors have recently modified their holdings of the stock. MML Investors Services LLC lifted its stake in M&T Bank by 13.4% during the third quarter. MML Investors Services LLC now owns 6,852 shares of the financial services provider’s stock valued at $1,220,000 after buying an additional 809 shares in the last quarter. Y Intercept Hong Kong Ltd purchased a new stake in M&T Bank in the 3rd quarter worth about $332,000. Barclays PLC boosted its position in M&T Bank by 11.9% during the 3rd quarter. Barclays PLC now owns 578,266 shares of the financial services provider’s stock worth $102,999,000 after acquiring an additional 61,375 shares during the period. Sanctuary Advisors LLC grew its stake in M&T Bank by 14.7% during the 3rd quarter. Sanctuary Advisors LLC now owns 15,767 shares of the financial services provider’s stock valued at $2,808,000 after acquiring an additional 2,018 shares in the last quarter. Finally, Wilmington Savings Fund Society FSB increased its holdings in shares of M&T Bank by 80.6% in the 3rd quarter. Wilmington Savings Fund Society FSB now owns 13,901 shares of the financial services provider’s stock valued at $2,476,000 after purchasing an additional 6,205 shares during the period. 84.68% of the stock is owned by institutional investors.

Insider Transactions at M&T Bank

In other M&T Bank news, EVP Christopher E. Kay sold 1,738 shares of M&T Bank stock in a transaction that occurred on Wednesday, March 12th. The shares were sold at an average price of $172.34, for a total value of $299,526.92. Following the transaction, the executive vice president now owns 10,751 shares in the company, valued at approximately $1,852,827.34. The trade was a 13.92 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Corporate insiders own 0.53% of the company’s stock.

M&T Bank announced that its board has approved a stock repurchase program on Wednesday, January 22nd that authorizes the company to buyback $4.00 billion in shares. This buyback authorization authorizes the financial services provider to repurchase up to 12.3% of its stock through open market purchases. Stock buyback programs are usually an indication that the company’s board believes its stock is undervalued.

M&T Bank Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Monday, March 3rd were issued a $1.35 dividend. This represents a $5.40 dividend on an annualized basis and a yield of 3.39%. The ex-dividend date was Monday, March 3rd. M&T Bank’s payout ratio is 36.91%.

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.