Zacks Research Has Bearish Estimate for M&T Bank Q2 Earnings

M&T Bank Co. (NYSE:MTB) – Stock analysts at Zacks Research decreased their Q2 2025 earnings per share (EPS) estimates for shares of M&T Bank in a note issued to investors on Wednesday, May 14th. Zacks Research analyst R. Department now forecasts that the financial services provider will earn $3.97 per share for the quarter, down from their previous forecast of $3.98. The consensus estimate for M&T Bank’s current full-year earnings is $16.57 per share. Zacks Research also issued estimates for M&T Bank’s Q4 2025 earnings at $4.43 EPS, Q1 2026 earnings at $3.93 EPS, Q2 2026 earnings at $4.66 EPS, Q3 2026 earnings at $4.76 EPS, FY2026 earnings at $18.16 EPS, Q1 2027 earnings at $4.84 EPS and FY2027 earnings at $20.09 EPS.

A number of other analysts have also issued reports on MTB. Citigroup cut their price target on shares of M&T Bank from $230.00 to $195.00 and set a “neutral” rating on the stock in a research note on Monday, March 24th. Barclays cut their target price on shares of M&T Bank from $235.00 to $220.00 and set an “equal weight” rating on the stock in a research note on Tuesday, April 15th. Truist Financial decreased their price target on shares of M&T Bank from $225.00 to $200.00 and set a “buy” rating for the company in a research report on Tuesday, April 15th. Evercore ISI cut their price objective on M&T Bank from $234.00 to $205.00 and set an “outperform” rating on the stock in a research report on Thursday, March 13th. Finally, JPMorgan Chase & Co. reduced their price objective on M&T Bank from $212.50 to $186.50 and set a “neutral” rating on the stock in a research note on Thursday, April 3rd. One research analyst has rated the stock with a sell rating, nine have assigned a hold rating and ten have issued a buy rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $208.24.

M&T Bank Price Performance

MTB stock opened at $185.39 on Thursday. The business’s fifty day moving average price is $170.63 and its 200 day moving average price is $189.45. M&T Bank has a 12-month low of $139.78 and a 12-month high of $225.70. The company has a current ratio of 0.98, a quick ratio of 0.99 and a debt-to-equity ratio of 0.47. The company has a market capitalization of $29.76 billion, a PE ratio of 12.67, a P/E/G ratio of 1.38 and a beta of 0.58.

M&T Bank (NYSE:MTB) last announced its earnings results on Monday, April 14th. The financial services provider reported $3.38 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $3.41 by ($0.03). M&T Bank had a net margin of 19.24% and a return on equity of 10.12%. The firm had revenue of $2.31 billion during the quarter, compared to analysts’ expectations of $2.35 billion. During the same period in the previous year, the firm earned $3.09 EPS.

Institutional Trading of M&T Bank

Hedge funds and other institutional investors have recently made changes to their positions in the company. Barclays PLC boosted its holdings in M&T Bank by 11.9% in the 3rd quarter. Barclays PLC now owns 578,266 shares of the financial services provider’s stock valued at $102,999,000 after purchasing an additional 61,375 shares in the last quarter. Franklin Resources Inc. boosted its stake in shares of M&T Bank by 45.5% in the third quarter. Franklin Resources Inc. now owns 21,481 shares of the financial services provider’s stock valued at $3,986,000 after buying an additional 6,717 shares in the last quarter. Wealth Enhancement Advisory Services LLC boosted its stake in shares of M&T Bank by 9.0% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 17,774 shares of the financial services provider’s stock valued at $3,166,000 after buying an additional 1,468 shares in the last quarter. Czech National Bank grew its holdings in M&T Bank by 5.7% during the fourth quarter. Czech National Bank now owns 35,975 shares of the financial services provider’s stock worth $6,764,000 after acquiring an additional 1,956 shares during the period. Finally, Wedmont Private Capital raised its position in M&T Bank by 4.6% in the fourth quarter. Wedmont Private Capital now owns 4,305 shares of the financial services provider’s stock worth $808,000 after acquiring an additional 189 shares in the last quarter. Hedge funds and other institutional investors own 84.68% of the company’s stock.

Insider Buying and Selling

In other M&T Bank news, EVP Christopher E. Kay sold 1,738 shares of the business’s stock in a transaction on Wednesday, March 12th. The shares were sold at an average price of $172.34, for a total value of $299,526.92. Following the transaction, the executive vice president now directly owns 10,751 shares of the company’s stock, valued at approximately $1,852,827.34. The trade was a 13.92% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Corporate insiders own 0.53% of the company’s stock.

M&T Bank announced that its Board of Directors has approved a stock repurchase program on Wednesday, January 22nd that authorizes the company to buyback $4.00 billion in outstanding shares. This buyback authorization authorizes the financial services provider to purchase up to 12.3% of its stock through open market purchases. Stock buyback programs are generally a sign that the company’s board believes its shares are undervalued.

M&T Bank Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Monday, March 3rd were paid a dividend of $1.35 per share. The ex-dividend date of this dividend was Monday, March 3rd. This represents a $5.40 annualized dividend and a dividend yield of 2.91%. M&T Bank’s dividend payout ratio (DPR) is 36.17%.

M&T Bank Company Profile

M&T Bank Corp. operates as a bank holding company, which engages in the provision of retail and commercial banking, trust, wealth management, and investment services. It operates through the following segments: Commercial Bank, Retail Bank, Institutional Services and Wealth Management, and All Other.