Rep. Gilbert Ray Cisneros, Jr. Buys M&T Bank Corporation (NYSE:MTB) Stock

Representative Gilbert Ray Cisneros, Jr. (D-California) recently bought shares of M&T Bank Corporation (NYSE:MTB). In a filing disclosed on December 15th, the Representative disclosed that they had bought between $1,001 and $15,000 in M&T Bank stock on November 18th. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of Spotify Technology (NYSE:SPOT) on 11/26/2025.
• Sold $1,001 – $15,000 in shares of Alphabet (NASDAQ:GOOGL) on 11/26/2025.
• Purchased $1,001 – $15,000 in shares of First Watch Restaurant Group (NASDAQ:FWRG) on 11/26/2025.
• Purchased $1,001 – $15,000 in shares of TKO Group (NYSE:TKO) on 11/26/2025.
• Sold $1,001 – $15,000 in shares of RBC Bearings (NYSE:RBC) on 11/24/2025.
• Sold $1,001 – $15,000 in shares of Stifel Financial (NYSE:SF) on 11/24/2025.
• Purchased $1,001 – $15,000 in shares of Logan Energy (CVE:LGN) on 11/24/2025.
• Sold $1,001 – $15,000 in shares of Primoris Services (NASDAQ:PRIM) on 11/24/2025.
• Purchased $15,001 – $50,000 in shares of LandBridge (NYSE:LB) on 11/21/2025.
• Purchased $50,001 – $100,000 in shares of LandBridge (NYSE:LB) on 11/20/2025.

M&T Bank Trading Up 1.1%

Shares of NYSE:MTB traded up $2.30 during trading on Friday, reaching $205.96. The stock had a trading volume of 2,929,388 shares, compared to its average volume of 1,198,890. The company has a quick ratio of 0.97, a current ratio of 0.97 and a debt-to-equity ratio of 0.49. The stock has a market cap of $31.65 billion, a P/E ratio of 12.68, a PEG ratio of 0.98 and a beta of 0.61. The business has a fifty day moving average price of $188.64 and a 200-day moving average price of $191.79. M&T Bank Corporation has a fifty-two week low of $150.75 and a fifty-two week high of $208.09.

M&T Bank (NYSE:MTB) last issued its quarterly earnings results on Wednesday, March 9th. The financial services provider reported $3.54 earnings per share for the quarter. M&T Bank had a return on equity of 10.62% and a net margin of 20.91%.The company had revenue of $1.54 billion during the quarter. As a group, analysts anticipate that M&T Bank Corporation will post 16.57 earnings per share for the current fiscal year.

M&T Bank Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, December 31st. Stockholders of record on Monday, December 1st will be issued a dividend of $1.50 per share. The ex-dividend date is Monday, December 1st. This represents a $6.00 dividend on an annualized basis and a dividend yield of 2.9%. M&T Bank’s payout ratio is 36.95%.

Insider Buying and Selling

In related news, EVP Christopher E. Kay sold 5,250 shares of the company’s stock in a transaction on Wednesday, November 26th. The shares were sold at an average price of $191.70, for a total value of $1,006,425.00. Following the sale, the executive vice president directly owned 5,501 shares of the company’s stock, valued at $1,054,541.70. This represents a 48.83% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Robert E. Sadler, Jr. sold 6,000 shares of the firm’s stock in a transaction on Tuesday, November 25th. The stock was sold at an average price of $190.06, for a total transaction of $1,140,360.00. Following the transaction, the director directly owned 17,070 shares of the company’s stock, valued at approximately $3,244,324.20. This represents a 26.01% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.53% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on MTB. Evercore ISI increased their target price on M&T Bank from $222.00 to $225.00 and gave the stock an “outperform” rating in a research report on Tuesday, September 30th. TD Cowen increased their price objective on shares of M&T Bank from $235.00 to $245.00 and gave the stock a “buy” rating in a report on Monday, October 20th. Cowen restated a “buy” rating on shares of M&T Bank in a report on Monday, October 20th. Keefe, Bruyette & Woods upped their price target on shares of M&T Bank from $220.00 to $230.00 and gave the stock a “market perform” rating in a research report on Wednesday. Finally, Truist Financial lowered shares of M&T Bank from a “buy” rating to a “hold” rating and set a $217.00 price target on the stock. in a report on Friday, December 12th. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, seven have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, M&T Bank currently has an average rating of “Moderate Buy” and an average target price of $214.62.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in MTB. HighTower Advisors LLC lifted its holdings in M&T Bank by 3.5% in the 1st quarter. HighTower Advisors LLC now owns 55,343 shares of the financial services provider’s stock worth $9,893,000 after buying an additional 1,864 shares in the last quarter. Boston Partners acquired a new position in shares of M&T Bank in the first quarter worth about $2,070,000. Kovitz Investment Group Partners LLC boosted its holdings in M&T Bank by 18.9% in the first quarter. Kovitz Investment Group Partners LLC now owns 3,445 shares of the financial services provider’s stock valued at $616,000 after purchasing an additional 548 shares during the last quarter. Horizon Investments LLC grew its stake in M&T Bank by 4.1% during the 1st quarter. Horizon Investments LLC now owns 2,411 shares of the financial services provider’s stock valued at $431,000 after purchasing an additional 94 shares in the last quarter. Finally, Dimensional Fund Advisors LP increased its holdings in M&T Bank by 0.8% during the 1st quarter. Dimensional Fund Advisors LP now owns 1,611,137 shares of the financial services provider’s stock worth $287,932,000 after purchasing an additional 12,580 shares during the last quarter. 84.68% of the stock is currently owned by hedge funds and other institutional investors.

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.

Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

M&T Bank Company Profile

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.