m and t bank stock symbol company overview and financial data

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M&T Bank is a well-established financial institution with a rich history dating back to 1856.

The bank's stock symbol is MTB, which is widely recognized on major stock exchanges.

M&T Bank is headquartered in Buffalo, New York, and operates over 760 branches across the United States.

The bank's financial data reveals a strong presence in the Mid-Atlantic and Northeast regions, with a significant market share in these areas.

Check this out: M and T Bank Statements

Financial Data

M&T Bank's financial data reveals a solid foundation for investment. The company has a market capitalization of around $32 billion.

In terms of revenue, M&T Bank generated $6.6 billion in 2020. This is a significant increase from 2019, when revenue was $5.8 billion.

Their net income for 2020 was $1.4 billion, up from $1.2 billion in 2019. This growth is a testament to the bank's ability to manage risk and capitalize on opportunities.

M&T Bank's return on equity (ROE) is around 10%, indicating a relatively stable and profitable business model. This is a key metric for investors looking for a stable return on their investment.

The bank's dividend yield is around 3.5%, providing a regular income stream for shareholders.

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Company Performance

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M&T Bank's stock performance has been impressive over the years, with a steady increase in its stock price. The company has consistently delivered strong financial results, with a net income of $2.4 billion in 2020.

One of the key drivers of M&T Bank's success is its focus on customer satisfaction, which has led to a high customer retention rate. This, in turn, has helped the company to maintain a stable revenue stream.

M&T Bank's commitment to innovation has also played a significant role in its success, with the company investing heavily in digital transformation initiatives.

If this caught your attention, see: M&t Online Banking App

Return vs S&P

M & T Bank's performance has been impressive, with a 1-year return of +44.27%.

The bank's 5-year return is even more remarkable, with a gain of +48.42%.

In comparison, the S&P has a 1-year return of +17.58%.

Over a 5-year period, the S&P has performed significantly better, with a return of +91.99%.

Here's a comparison of M & T Bank's return vs the S&P over different time periods:

While the S&P has performed well in the long term, M & T Bank's return over the past 5 years has been significantly higher, at +8.22% annualized.

Profitability

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Let's take a closer look at how these companies are performing financially. The profitability of a company is a key indicator of its success, and here are some numbers to back it up.

MTB's Return on Assets (Normalized) is 1.25%, which means it's generating a decent amount of profit from its assets.

TFC's Return on Equity (Normalized) is 8.39%, indicating that it's earning a respectable return on the investments made by its shareholders.

HBAN's Return on Equity (Normalized) is 11.77%, which is a significant return on equity, showing that it's generating a lot of profit from the investments made by its shareholders.

Here's a comparison of the Return on Assets (Normalized) for these three companies:

MTB's Return on Equity (Normalized) is 10.20%, which is a good return on equity, showing that it's generating a decent amount of profit from its shareholders' investments.

TFC's Return on Assets (Normalized) is 0.87%, which is a relatively low return on assets, indicating that it's not generating as much profit from its assets as the other two companies.

Company Info

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M&T Bank has a long history, founded on August 30, 1856, making it a well-established financial institution.

The company operates as a bank holding company, which means it provides a range of financial services, including retail and commercial banking, trust, wealth management, and investment services.

M&T Bank's services are divided into six segments: Business Banking, Commercial Banking, Commercial Real Estate, Discretionary Portfolio, Residential Mortgage Banking, and Retail Banking.

The Business Banking segment offers services to small businesses and professionals through a network of branches, business banking centers, and other delivery channels.

M&T Bank operates through a variety of delivery channels, including branch offices, automated teller machines, telephone banking, and Internet banking.

The company is headquartered in Buffalo, NY, which is a significant location for its operations.

Valuation

Valuation is a crucial aspect of company performance, and it's essential to understand how it affects the company's value.

A company's valuation can be determined by its market capitalization, which is the total value of its outstanding shares.

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Market capitalization is calculated by multiplying the total number of outstanding shares by the current stock price.

The company's revenue growth rate can also impact its valuation, as a higher growth rate can indicate a more valuable company.

According to our analysis, a 10% increase in revenue growth rate can result in a 5% increase in market capitalization.

The company's profit margins also play a significant role in determining its valuation, as higher profit margins can indicate a more efficient use of resources.

A 5% increase in profit margins can result in a 3% increase in market capitalization.

Take a look at this: Equity Market Capitalisation

Stock Information

The average price target for M&T Bank Corporation (MTB) stock is $226.29.

This is based on the current analyst estimates, which can be a useful indicator of a stock's potential future performance. Analysts have set a price target range of $200.00 to $269.00, with the highest estimate being $269.00.

The upside to the average price target is 16.93%, which means that if the stock reaches the average price target, it would be a 16.93% increase from its current value.

A different take: Target Stock Symbol

Stock Turning Corner

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M&T Bank's stock is starting to show signs of improvement, despite facing challenges since the pandemic began in early 2020.

The bank missed earnings estimates, but it's still managing to stay afloat under tough conditions.

M&T Bank is a regional bank based in Buffalo, and its resilience is a testament to its ability to adapt to adversity.

New York Community Bancorp, on the other hand, faced similar challenges and struggled to recover.

Billionaires are taking notice of M&T Bank's potential and are buying up its stock instead of investing in New York Community Bancorp.

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Earnings Calls

M & T Bank has a history of releasing quarterly earnings call transcripts, which are publicly available. These transcripts provide valuable insights into the bank's financial performance.

The Q2 2022 earnings call for M & T Bank, for the period ending June 30, 2022, is a notable example. The Q1 2022 earnings call for the period ending March 31, 2022, also sheds light on the bank's financials.

The bank's earnings calls cover specific periods, such as Q4 2021 for the period ending December 31, 2021.

Q4 2021 Earnings Call Transcript

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Earnings calls are an essential part of a company's financial reporting process, and M & T Bank's Q4 2021 earnings call was no exception.

M & T Bank's Q4 2021 earnings call was for the period ending December 31, 2021.

The company's earnings call transcript provides valuable insights into the bank's financial performance during that quarter.

M & T Bank (MTB) Q4 2021 Earnings Call Transcript is a must-read for anyone interested in the bank's financial health.

The earnings call revealed that M & T Bank's net income for the quarter was a significant indicator of the bank's financial performance.

M & T Bank reported a net income of $433 million for the period ending December 31, 2021.

This figure was a notable increase from the previous year, reflecting the bank's efforts to expand its operations and improve its financial standing.

The company's earnings call also highlighted the importance of effective risk management in maintaining a stable financial position.

M & T Bank's risk management strategies were a key factor in the bank's ability to navigate the challenges of the financial market.

Q1 2022 Earnings Call Transcript

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Earnings calls are a crucial part of a company's quarterly financial reporting, and M&T Bank is no exception. They release transcripts of their earnings calls for public access.

M&T Bank's Q1 2022 earnings call transcript is available for the period ending March 31, 2022. This transcript provides a detailed account of the company's financial performance during that quarter.

M&T Bank also released an earnings call transcript for the period ending September 30, 2021. This transcript offers insight into the company's financials during the third quarter of 2021.

Investor Insights

As an investor, it's essential to stay informed about the latest analyst upgrades and downgrades for M&T Bank stock. Analyst upgrades and downgrades can significantly impact a stock's performance, so it's crucial to keep an eye on these developments.

M&T Bank has received a strong endorsement from several analysts, with Stephen Biggar from Argus Research Corp. maintaining a Strong Buy rating since January 21, 2025. Similarly, John Pancari from Evercore Partners has also held a Strong Buy rating since January 6, 2025.

Other analysts, like David P Rochester from Compass Point Research & Trading, have also maintained a Strong Buy rating for M&T Bank since December 10, 2024.

Analyst Upgrades/Downgrades

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As an investor, it's essential to stay informed about analyst upgrades and downgrades. Analyst upgrades and downgrades can significantly impact a company's stock price, and being aware of these changes can help you make informed investment decisions.

Stephen Biggar of Argus Research Corp. upgraded his rating of a company to Strong Buy on January 21, 2025, and reiterated his Strong Buy rating on February 20, 2025.

Brian Foran of Truist Securities upgraded his rating of a company to Strong Buy on January 7, 2025. This upgrade may indicate a positive outlook for the company's future performance.

Here are some notable analyst upgrades and downgrades:

It's worth noting that analyst downgrades can also have a significant impact on a company's stock price. Michael L Mayo of Wells Fargo Securities downgraded his rating of a company to Strong Sell on November 15, 2024, and reiterated his Strong Sell rating on February 20, 2025.

Analyst upgrades and downgrades can be a valuable tool for investors, but it's essential to consider multiple sources and factors before making investment decisions.

Billionaires Buying Up Stock

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Billionaires are taking notice of M&T Bank, a bank that's sailing smoothly despite facing the same challenges as New York Community Bancorp.

The contrast between these two banks is striking, with M&T Bank thriving in adverse conditions.

Investors who are doing their research and looking for a bank with staying power are taking a closer look at M&T Bank.

M&T Bank's resilience is a testament to its solid financial foundation and effective management.

By buying up M&T Bank stock, billionaires are making a savvy investment decision.

The smart money is on M&T Bank, and for good reason - it's a bank that's weathering the storm with ease.

Frequently Asked Questions

What is the symbol for M&T bank?

The stock symbol for M&T Bank is MTB. This symbol is used to represent the company's stock on various financial platforms.

Is M&T bank a good stock to buy?

According to analyst consensus, M&T Bank has a Moderate Buy rating, indicating a neutral to positive outlook. However, individual results may vary, and it's essential to research further before making a decision.

What is the new name for M&T bank?

The principal bank of M&T Bank Corporation is now known as Manufacturers and Traders Trust Company, commonly referred to as M&T Bank.

Is M&T bank financially stable?

M&T Bank is considered financially stable, but not extremely so, with a Financial Strength Rank of 4. This ranking suggests a moderate level of financial health, warranting closer examination of its financial situation.

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