As of July, 18 M&T Bank Corporation (MTB) Analysts See $3.15 EPS

June 27, 2018 - By Gwen Gough

M&T Bank Corporation (NYSE:MTB) Corporate Logo
Big Money Sentiment increased to 1.02 in Q1 2018. It has change of 0.21, from 2017Q4’s 0.81. The ratio improved due to M&T Bank Corporation positioning: 32 sold and 180 reduced. 70 funds bought stakes and 146 increased stakes. Investors holded 112.08 million in 2017Q4 but now own 110.68 million shares or 1.25% less.
346 are owned by Guardian Life Insurance Communications Of America. Fenimore Asset holds 2.53% or 355,025 shs in its capital. Adage Prtnrs Gru Limited has invested 0.04% in M&T Bank Corporation (NYSE:MTB). Corbyn Md has 80 shs for 0.01% of their capital. Susquehanna Intll Gru Llp has 2,233 shs for 0% of their capital. Stifel Financial Corp owns 20,143 shs for 0.01% of their capital. Cibc World invested 0.04% in M&T Bank Corporation (NYSE:MTB). Jfs Wealth Advsrs Limited Liability reported 0.09% stake. Cipher Capital Lp accumulated 13,535 shs. Liberty Mutual Gp Asset Mgmt holds 6,055 shs or 0.03% of its capital. Buffington Mohr Mcneal accumulated 0.42% or 6,010 shs. State Board Of Administration Of Florida Retirement Systems reported 0.1% stake. First Eagle Investment Mngmt Limited Company reported 7,032 shs. Voya Limited Liability Co invested in 74,429 shs. Texas Permanent School Fund holds 38,803 shs.

M&T Bank Corporation registered $14.05 million net activity with 0 insider buys and 11 selling transactions since January 22, 2018. Shares for $279,350 were sold by Bojdak Robert J on Friday, June 8. Todaro Michael J. also sold $126,712 worth of M&T Bank Corporation (NYSE:MTB) on Monday, January 29. SADLER ROBERT E JR also sold $194,850 worth of M&T Bank Corporation (NYSE:MTB) shs. King Darren J had sold 3,834 shs worth $732,461. SALAMONE DENIS J sold 31,511 shs worth $5.92M. On Tuesday, January 23 Trolli Michele D sold $1.12 million worth of M&T Bank Corporation (NYSE:MTB).

On July, 18. Investors expect M&T Bank Corporation (NYSE:MTB) to publish its quarterly earnings, according to RTT. Analysts expect change of 32.35 % or $0.77 from previous year’s $2.38 EPS compared to current’s $3.15 EPS. In case of $3.15 EPS MTB’s profit could reach $457.50M. 7.14 % EPS growth is what analysts predict. $2.94 EPS was announced for last quarter. MTB is hitting $171.38 during the last trading session, after increased 0.71%.M&T Bank Corporation has volume of 370,593 shares. Since June 27, 2017 MTB has risen 11.09% and is uptrending. The stock underperformed the S&P500 by 1.48%.

M&T Bank Corporation (NYSE:MTB) Ratings Coverage

In total 11 analysts cover M&T Bank (NYSE:MTB). “Buy” rating has 4, “Sell” are 1, while 6 are “Hold”. (NYSE:MTB) has 36% bullish analysts. 20 are the (NYSE:MTB)’s ratings reports on Jun 27, 2018 according to StockzIntelligence Inc. On Tuesday, April 10 UBS downgraded M&T Bank Corporation (NYSE:MTB) to “Sell” rating. The company rating was maintained by Morgan Stanley on Wednesday, April 18. On Monday, April 16 Piper Jaffray maintained M&T Bank Corporation (NYSE:MTB) with “Hold” rating. On Thursday, January 18 the firm has “Hold” rating by Keefe Bruyette & Woods given. On Monday, February 26 the rating was maintained by Barclays Capital with “Overweight”. The company rating was maintained by Keefe Bruyette & Woods on Monday, February 5. On Tuesday, April 17 the rating was maintained by Wedbush with “Neutral”. On Thursday, January 18 the stock of M&T Bank Corporation (NYSE:MTB) has “Buy” rating given by RBC Capital Markets. On Wednesday, April 18 the rating was upgraded by Robert W. Baird to “Neutral”. On Monday, February 26 the stock of M&T Bank Corporation (NYSE:MTB) has “Hold” rating given by Keefe Bruyette & Woods.

M&T Bank Corporation operates as the holding firm for Manufacturers and Traders Trust Company and Wilmington Trust, National Association that provide retail and commercial banking services.The firm is valued at $24.89 billion. The companyÂ’s Business Banking segment offers deposit, lending, cash management, and other financial services to small businesses and professionals.The P/E ratio is 19.44. The Company’s Commercial Banking segment provides commercial lending and leasing, letters of credit, deposit products, and cash management services to middle-market and large commercial customers.

M&T Bank Corporation (NYSE:MTB) Institutional Investors Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.




Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: