M&T Bank Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

M&T Bank Corporation MTB will release earnings results for its fourth quarter, before the opening bell on Thursday, Jan. 16, 2025.

Analysts expect the Buffalo, New York-based company to report quarterly earnings at $3.74 per share, up from $3.60 per share in the year-ago period. M&T Bank projects to report revenue of $2.34 billion for the recent quarter, compared to $2.3 billion a year earlier, according to data from Benzinga Pro.

On Jan. 6, M&T Bank named Krista Phillips as Chief Customer Officer.

M&T Bank shares fell 1.8% to close at $187.75 on Friday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let's have a look at how Benzinga's most-accurate analysts have rated the company in the recent period.

Truist Securities analyst Brian Foran initiated coverage on the stock with a Buy rating and a price target of $233 on Jan. 7, 2025. This analyst has an accuracy rate of 61%.
Compass Point analyst David Rochester maintained a Neutral rating and boosted the price target from $220 to $250 on Dec. 10, 2024. This analyst has an accuracy rate of 64%.
Keefe, Bruyette & Woods analyst David Konrad maintained a Market Perform rating and raised the price target from $205 to $221 on Dec. 4, 2024. This analyst has an accuracy rate of 73%.
JP Morgan analyst Steven Alexopoulos downgraded the stock from Overweight to Neutral and raised the price target from $215 to $223.5 on Dec. 4, 2024. This analyst has an accuracy rate of 72%.
Piper Sandler analyst Frank Schiraldi maintained an Overweight rating and boosted the price target from $205 to $243 on Nov. 27, 2024. This analyst has an accuracy rate of 77%.

Considering buying MTB stock? Here’s what analysts think: