Analyst Expectations For M&T Bank's Future

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Analysts' ratings for M&T Bank MTB over the last quarter vary from bullish to bearish, as provided by 12 analysts.

The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 1 2 9 0 0
Last 30D 0 0 1 0 0
1M Ago 0 0 0 0 0
2M Ago 1 2 6 0 0
3M Ago 0 0 2 0 0

Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $162.42, a high estimate of $180.00, and a low estimate of $150.00. This current average reflects an increase of 4.18% from the previous average price target of $155.90.

Deciphering Analyst Ratings: An In-Depth Analysis

The perception of M&T Bank by financial experts is analyzed through recent analyst actions. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.

Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target
Ken Usdin Jefferies Raises Hold $160.00 $151.00
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

Key Insights:

  • Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to M&T Bank. This offers insight into analysts' perspectives on the current state of the company.
  • Rating: Offering insights into predictions, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings convey 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.

Navigating through these analyst evaluations alongside other financial indicators can contribute to a holistic understanding of M&T Bank's market standing. Stay informed and make data-driven decisions with 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.

Key Indicators: M&T Bank's Financial Health

Market Capitalization Analysis: The company's market capitalization surpasses industry averages, showcasing a dominant size relative to peers and suggesting a strong market position.

Revenue Growth: M&T Bank's revenue growth over a period of 3 months has faced challenges. As of 31 March, 2024, the company experienced a revenue decline of approximately -6.29%. This indicates a decrease in the company's top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Financials sector.

Net Margin: M&T Bank's net margin is below industry averages, indicating potential challenges in maintaining strong profitability. With a net margin of 22.6%, the company may face hurdles in effective cost management.

Return on Equity (ROE): The company's ROE is below industry benchmarks, signaling potential difficulties in efficiently using equity capital. With an ROE of 2.02%, the company may need to address challenges in generating satisfactory returns for shareholders.

Return on Assets (ROA): M&T Bank's ROA falls below industry averages, indicating challenges in efficiently utilizing assets. With an ROA of 0.24%, the company may face hurdles in generating optimal returns from its assets.

Debt Management: The company faces challenges in debt management with a debt-to-equity ratio higher than the industry average. With a ratio of 0.63, caution is advised due to increased financial risk.

How Are Analyst Ratings Determined?

Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter.

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.

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

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