M&T Bank Corporation

MTB

US55261F1049

Banks

Market Closed - Nyse Other stock markets 21:00:01 17/07/2024 BST			5-day change	1st Jan Change
164.6 ^USD	+0.94%		+8.05%	+20.11%

07-10	US regional banks to face increased scrutiny as CRE exposure stifles buybacks	RE
07-03	Jefferies Adjusts Price Target on M&T Bank to $161 From $160, Maintains Hold Rating	MT

M&T Bank Corporation Reports Earnings Results for the Fourth Quarter Ended December 31, 2020

January 21, 2021 at 10:41 am

M&T Bank Corporation announced earnings results for the fourth quarter ended December 31, 2020. For the fourth quarter, the company announced net interest income was USD 989.280 million compared to USD 1,008.833 million a year ago. Net income was USD 471.140 million compared to USD 493.066 million a year ago. Basic earnings per share from continuing operations was USD 3.52 compared to USD 3.6 a year ago. For the full year, net interest income was USD 3,866.317 million compared to USD 4,130.264 million a year ago. Net income was USD 1,353.152 million compared to USD 1,929.149 million a year ago.

Latest news about M&T Bank Corporation

US regional banks to face increased scrutiny as CRE exposure stifles buybacks	07-10	RE
Jefferies Adjusts Price Target on M&T Bank to $161 From $160, Maintains Hold Rating	07-03	MT
M&T Bank Corporation(NYSE:MTB) dropped from Russell 1000 Value-Defensive Index	06-30	CI
M&T Bank Corporation(NYSE:MTB) dropped from Russell 1000 Defensive Index	06-30	CI
All Banks Passed Fed Stress Tests as Expected, Morgan Stanley Says	06-27	MT
Big US banks withstand Fed's commercial real estate shock scenario	06-26	RE
US banks suffer steeper losses, but retain large cushions in annual Fed health check	06-26	RE
M&T Bank Corporation Announces Resignation of Darren J. King as Senior Executive Vice President, Effective August 10, 2024	06-26	CI
Evercore ISI Adjusts Price Target on M&T Bank to $168 From $157, Keeps In Line Rating	06-25	MT
Sector Update: Financial Stocks Rise Late Afternoon	06-24	MT
Banks Brace for Mixed Q2 Trends Amid Credit Challenges, Subpar Loan Growth, Wedbush Says	06-24	MT
Wedbush Trims Price Target on M&T Bank to $167 From $170, Keeps Outperform Rating	06-24	MT
Explainer-What are the Fed's bank 'stress tests' and what's new this year?	06-24	RE
Big US banks expected to be cautious on shareholder payouts after stress tests	06-24	RE
Blackstone Mortgage Trust, M&T Realty Capital Collaborate for Agency Multifamily Lending	06-14	MT
Transcript : M&T Bank Corporation Presents at Morgan Stanley US Financials, Payments & CRE Conference 2024, Jun-12-2024 09:30 AM	06-12
Piper Sandler Adjusts Price Target on M&T Bank to $164 From $152	06-12	MT
Jefferies Adjusts Price Target on M&T Bank to $160 From $151	06-03	MT
M&T Bank Raises Quarterly Dividend by 4% to $1.35 Per Share; Payable on June 28 to Shareholders of Record on June 3	05-21	MT
M&T Bank Corporation Declares Quarterly Cash Dividend, Payable on June 28, 2024	05-21	CI
M&T Bank Insider Sold Shares Worth $6,709,456, According to a Recent SEC Filing	05-16	MT
Citigroup Adjusts Price Target on M&T Bank to $180 From $170	05-16	MT
NCino's Continuous Credit Monitoring Solution Adopted by M&T Bank	05-15	MT
M&t Bank Insider Sold Shares Worth $3,477,313, According to a Recent SEC Filing	05-13	MT
M&t Bank Insider Sold Shares Worth $280,034, According to a Recent SEC Filing	05-13	MT

Chart M&T Bank Corporation

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Company Profile

M&T Bank Corporation is a banking group organized around 7 business sectors: - retail banking (29.4% of net interest income): sales of standard and specialized banking products and services (leasing, factoring, insurance, etc.); - commercial banking (22.3%); - real estate assets management (16.8%); - business banking (13.6%); - finance and investment banking (12.6%); - mortgage banking (2.4%); - other (2.9%). At the end of 2021, the bank had USD 131.5 billion in current deposits and USD 93.1 billion in current loans.

Sector

Banks

Calendar

11:05am - Q2 2024 Earnings Release

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S&P 500

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Ratings for M&T Bank Corporation

Trading Rating

Investor Rating

ESG Refinitiv

C+

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Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

164.6 USD

Average target price

166.7 USD

Spread / Average Target

+1.25%

Consensus

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