During the last three months, 15 analysts shared their evaluations of M&T Bank MTB, revealing diverse outlooks from bullish to bearish.
In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 1 | 6 | 6 | 2 | 0 |
| Last 30D | 0 | 0 | 1 | 0 | 0 |
| 1M Ago | 0 | 1 | 2 | 1 | 0 |
| 2M Ago | 1 | 2 | 3 | 1 | 0 |
| 3M Ago | 0 | 3 | 0 | 0 | 0 |
The 12-month price targets, analyzed by analysts, offer insights with an average target of $218.23, a high estimate of $243.00, and a low estimate of $190.00. This upward trend is evident, with the current average reflecting a 11.26% increase from the previous average price target of $196.14.
Understanding Analyst Ratings: A Comprehensive Breakdown
A comprehensive examination of how financial experts perceive M&T Bank is derived from recent analyst actions. The following is a detailed summary of key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Steven Alexopoulos | JP Morgan | Raises | Neutral | $223.50 | $215.00 |
| Frank Schiraldi | Piper Sandler | Raises | Overweight | $243.00 | $205.00 |
| Ryan Nash | Goldman Sachs | Raises | Neutral | $243.00 | $216.00 |
| Keith Horowitz | Citigroup | Raises | Neutral | $230.00 | $220.00 |
| Mike Mayo | Wells Fargo | Raises | Underweight | $205.00 | $190.00 |
| John Pancari | Evercore ISI Group | Raises | Outperform | $232.00 | $210.00 |
| Peter Winter | DA Davidson | Raises | Neutral | $207.00 | $192.00 |
| Mike Mayo | Wells Fargo | Raises | Underweight | $190.00 | $165.00 |
| Ebrahim Poonawala | B of A Securities | Raises | Buy | $218.00 | $188.00 |
| Ryan Nash | Goldman Sachs | Raises | Neutral | $216.00 | $190.00 |
| Jason Goldberg | Barclays | Raises | Equal-Weight | $228.00 | $170.00 |
| Gerard Cassidy | RBC Capital | Raises | Outperform | $208.00 | $190.00 |
| Bill Carcache | Wolfe Research | Announces | Outperform | $210.00 | - |
| John Pancari | Evercore ISI Group | Raises | Outperform | $210.00 | $187.00 |
| David Chiaverini | Wedbush | Raises | Outperform | $210.00 | $208.00 |
Key Insights:
- Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to M&T Bank. This information provides a snapshot of how analysts perceive the current state of the company.
- Rating: Delving into assessments, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings communicate 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.
Delving into M&T Bank's Background
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.
M&T Bank: Financial Performance Dissected
Market Capitalization: Boasting an elevated market capitalization, the company surpasses industry averages. This signals substantial size and strong market recognition.
Decline in Revenue: Over the 3 months period, M&T Bank faced challenges, resulting in a decline of approximately -0.13% in revenue growth as of 30 September, 2024. This signifies a reduction in the company's top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Financials sector.
Net Margin: M&T Bank's net margin is below industry standards, pointing towards difficulties in achieving strong profitability. With a net margin of 28.9%, the company may encounter challenges in effective cost control.
Return on Equity (ROE): M&T Bank's ROE is below industry standards, pointing towards difficulties in efficiently utilizing equity capital. With an ROE of 2.58%, the company may encounter challenges in delivering satisfactory returns for shareholders.
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 0.32%, the company showcases efficient use of assets and strong financial health.
Debt Management: M&T Bank's debt-to-equity ratio is notably higher than the industry average. With a ratio of 0.53, the company relies more heavily on borrowed funds, indicating a higher level of financial risk.
Analyst Ratings: Simplified
Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually the upcoming five years, and how risky or predictable that company's revenue streams are.
Analysts attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish their ratings on stocks. Analysts typically rate each stock once per quarter or whenever the company has a major update.
Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.
If you want to keep track of which analysts are outperforming others, you can view updated analyst ratings along withanalyst success scores in Benzinga Pro.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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