M&T Bank (MTB) – Investment Analysts’ Recent Ratings Updates

A number of firms have modified their ratings and price targets on shares of M&T Bank (NYSE: MTB) recently:

• 8/19/2026 – M&T Bank had its price target raised by Cantor Fitzgerald from $262.00 to $285.00. They now have an “overweight” rating on the stock.
• 8/3/2026 – M&T Bank had its price target raised by UBS Group AG from $252.00 to $255.00. They now have a “neutral” rating on the stock.
• 7/29/2026 – M&T Bank was given a new $280.00 price target by UBS Group AG.
• 7/29/2026 – M&T Bank had its price target raised by JPMorgan Chase & Co. from $251.50 to $265.50. They now have a “neutral” rating on the stock.
• 7/23/2026 – M&T Bank was downgraded by Deutsche Bank Aktiengesellschaft from “buy” to “hold”. They now have a $250.00 price target on the stock.
• 7/21/2026 – M&T Bank had its price target raised by Truist Financial Corporation from $230.00 to $268.00. They now have a “hold” rating on the stock.
• 7/20/2026 – M&T Bank was upgraded by Wall Street Zen from “sell” to “hold”.
• 7/16/2026 – M&T Bank had its price target raised by DA Davidson from $263.00 to $266.00. They now have a “neutral” rating on the stock.
• 7/16/2026 – M&T Bank had its price target raised by Royal Bank Of Canada from $230.00 to $255.00. They now have an “outperform” rating on the stock.
• 7/16/2026 – M&T Bank had its price target raised by Wells Fargo & Company from $215.00 to $224.00. They now have an “underweight” rating on the stock.
• 7/16/2026 – M&T Bank had its price target raised by Robert W. Baird from $240.00 to $250.00. They now have a “neutral” rating on the stock.
• 7/16/2026 – M&T Bank had its price target raised by Barclays PLC from $236.00 to $267.00. They now have an “equal weight” rating on the stock.
• 7/16/2026 – M&T Bank had its price target raised by Keefe, Bruyette & Woods from $242.00 to $250.00. They now have a “market perform” rating on the stock.
• 7/15/2026 – M&T Bank had its “buy” rating reaffirmed by Jefferies Financial Group Inc.. They now have a $300.00 price target on the stock.
• 7/15/2026 – M&T Bank had its price target raised by Cantor Fitzgerald from $253.00 to $262.00. They now have an “overweight” rating on the stock.
• 7/12/2026 – M&T Bank was downgraded by Wall Street Zen from “hold” to “sell”.
• 7/7/2026 – M&T Bank had its price target raised by UBS Group AG from $225.00 to $252.00. They now have a “neutral” rating on the stock.
• 7/6/2026 – M&T Bank was given a new $260.00 price target by Evercore Inc.
• 7/6/2026 – M&T Bank had its price target raised by JPMorgan Chase & Co. from $227.00 to $251.50. They now have a “neutral” rating on the stock.
• 7/6/2026 – M&T Bank had its “neutral” rating reaffirmed by Robert W. Baird. They now have a $240.00 price target on the stock.
• 7/6/2026 – M&T Bank had its price target raised by Wells Fargo & Company from $205.00 to $215.00. They now have an “underweight” rating on the stock.
• 6/29/2026 – M&T Bank had its price target raised by Morgan Stanley from $245.00 to $253.00. They now have an “equal weight” rating on the stock.
• 6/29/2026 – M&T Bank had its price target raised by Morgan Stanley from $245.00 to $253.00. They now have an “equal weight” rating on the stock.
• 6/23/2026 – M&T Bank had its price target raised by Royal Bank Of Canada from $225.00 to $230.00. They now have an “outperform” rating on the stock.
• 6/20/2026 – M&T Bank was upgraded by Wall Street Zen from “sell” to “hold”.

M&T Bank Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 1st will be given a $1.50 dividend. The ex-dividend date is Tuesday, September 1st. This represents a $6.00 annualized dividend and a yield of 2.4%. M&T Bank’s payout ratio is presently 31.68%.

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.