Decoding 16 Analyst Evaluations For M&T Bank

In the last three months, 16 analysts have published ratings on M&T Bank MTB, offering a diverse range of perspectives from bullish to bearish.

The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 1 5 10 0 0
Last 30D 1 1 4 0 0
1M Ago 0 1 4 0 0
2M Ago 0 0 1 0 0
3M Ago 0 3 1 0 0

Analysts have set 12-month price targets for M&T Bank, revealing an average target of $162.38, a high estimate of $180.00, and a low estimate of $150.00. Observing a 3.26% increase, the current average has risen from the previous average price target of $157.25.

price target chart

Analyzing Analyst Ratings: A Detailed Breakdown

An in-depth analysis of recent analyst actions unveils how financial experts perceive M&T Bank. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target
Peter Winter DA Davidson Maintains Neutral $159.00 $159.00
David Konrad Keefe, Bruyette & Woods Raises Market Perform $170.00 $162.00
Steven Alexopoulos JP Morgan Raises Neutral $180.00 $170.00
Gerard Cassidy RBC Capital Maintains Outperform $160.00 -
Mike Mayo Wells Fargo Raises Equal-Weight $150.00 $145.00
Ebrahim Poonawala B of A Securities Raises Buy $160.00 $157.00
David Chiaverini Wedbush Maintains Outperform $170.00 -
Ken Usdin Jefferies Lowers Hold $151.00 $154.00
David Konrad Keefe, Bruyette & Woods Raises Market Perform $162.00 $155.00
Steven Alexopoulos JP Morgan Raises Neutral $170.00 $160.00
John Pancari Evercore ISI Group Raises In-Line $157.00 $146.00
Peter Winter DA Davidson Maintains Neutral $159.00 -
Manan Gosalia Morgan Stanley Raises Overweight $179.00 $160.00
Peter Winter DA Davidson Lowers Neutral $159.00 $163.00
Frank Schiraldi Piper Sandler Lowers Overweight $152.00 $156.00
Gerard Cassidy RBC Capital Maintains Outperform $160.00 -

Key Insights:

  • Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to M&T Bank. This information offers a snapshot of how analysts perceive the current state of the company.
  • Rating: Analysts assign qualitative assessments to stocks, ranging from 'Outperform' to 'Underperform'. These ratings convey the analysts' expectations for the relative performance of M&T Bank compared to the broader market.
  • Price Targets: Gaining insights, analysts provide estimates for the future value of M&T Bank's stock. This comparison reveals trends in analysts' expectations over time.

Assessing these analyst evaluations alongside crucial financial indicators can provide a comprehensive overview of M&T Bank's market position. Stay informed and make well-judged decisions with the assistance of our Ratings Table.

Stay up to date on M&T Bank analyst ratings.

All You Need to Know About M&T Bank

M&T Bank is one of the largest regional banks in the United States, with branches in New York, Pennsylvania, West Virginia, Virginia, Maryland, Delaware, and New Jersey. The bank was founded to serve manufacturing and trading businesses around the Erie Canal and is primarily focused on commercial real estate and commercial-related lending, with some retail operations also present.

Breaking Down M&T Bank's Financial Performance

Market Capitalization: Exceeding industry standards, the company's market capitalization places it above industry average in size relative to peers. This emphasizes its significant scale and robust market position.

Negative Revenue Trend: Examining M&T Bank's financials over 3 months reveals challenges. As of 31 December, 2023, the company experienced a decline of approximately -2.69% in revenue growth, reflecting a decrease in top-line earnings. In comparison to its industry peers, the company stands out with a growth rate higher than the average among peers in the Financials sector.

Net Margin: M&T Bank's net margin falls below industry averages, indicating challenges in achieving strong profitability. With a net margin of 20.01%, the company may face hurdles in effective cost management.

Return on Equity (ROE): M&T Bank's ROE excels beyond industry benchmarks, reaching 1.86%. This signifies robust financial management and efficient use of shareholder equity capital.

Return on Assets (ROA): M&T Bank's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of 0.22%, the company showcases efficient use of assets and strong financial health.

Debt Management: M&T Bank's debt-to-equity ratio surpasses industry norms, standing at 0.53. This suggests the company carries a substantial amount of debt, posing potential financial challenges.

The Basics of Analyst Ratings

Analyst ratings serve as essential indicators of stock performance, provided by experts in banking and financial systems. These specialists diligently analyze company financial statements, participate in conference calls, and engage with insiders to generate quarterly ratings for individual stocks.

Some analysts also offer predictions for helpful metrics such as earnings, revenue, and growth estimates to provide further guidance as to what to do with certain tickers. It is important to keep in mind that while stock and sector analysts are specialists, they are also human and can only forecast their beliefs to traders.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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