M & T BANK ($MTB) posted quarterly earnings results on Monday, April 14th. The company reported earnings of $3.38 per share, missing estimates of $3.43 by $0.05. The company also reported revenue of $2,306,000,000, missing estimates of $2,367,437,242 by $-61,437,242.
You can see Quiver Quantitative's $MTB stock page to track data on insider trading, hedge fund activity, congressional trading, and more.
M & T BANK Insider Trading Activity
M & T BANK insiders have traded $MTB stock on the open market 22 times in the past 6 months. Of those trades, 0 have been purchases and 22 have been sales.
Here’s a breakdown of recent trading of $MTB stock by insiders over the last 6 months:
- JOHN P BARNES has made 0 purchases and 4 sales selling 40,000 shares for an estimated $8,228,436.
- RENE F JONES (Chairman of the Board and CEO) sold 23,071 shares for an estimated $4,472,938
- KIRK W WALTERS has made 0 purchases and 7 sales selling 16,635 shares for an estimated $3,459,140.
- MICHAEL A. WISLER (Sr. Executive Vice President) sold 11,249 shares for an estimated $2,396,646
- DENIS J SALAMONE sold 10,000 shares for an estimated $2,234,052
- KEVIN J PEARSON (Vice Chairman) sold 7,500 shares for an estimated $1,469,109
- MICHAEL J. TODARO (Sr. Executive Vice President) sold 4,786 shares for an estimated $1,024,693
- LAURA P. O'HARA (Sr. EVP & Chief Legal Officer) sold 4,855 shares for an estimated $956,117
- GARY N GEISEL sold 2,490 shares for an estimated $537,566
- TRACY S. WOODROW (Sr. Executive Vice President) sold 2,121 shares for an estimated $468,200
- ROBERT E JR SADLER sold 2,000 shares for an estimated $396,000
- CHRISTOPHER E KAY (Sr. Executive Vice President) sold 1,738 shares for an estimated $299,527
- JOHN R. TAYLOR (EVP and Controller) sold 1,436 shares for an estimated $280,057
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
M & T BANK Hedge Fund Activity
We have seen 464 institutional investors add shares of M & T BANK stock to their portfolio, and 402 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- WELLINGTON MANAGEMENT GROUP LLP removed 2,560,086 shares (-25.6%) from their portfolio in Q4 2024, for an estimated $481,321,768
- FMR LLC added 1,761,014 shares (+14.3%) to their portfolio in Q4 2024, for an estimated $331,088,242
- UBS GROUP AG added 773,949 shares (+198.3%) to their portfolio in Q4 2024, for an estimated $145,510,151
- INVESCO LTD. removed 724,419 shares (-19.0%) from their portfolio in Q4 2024, for an estimated $136,198,016
- GAMMA INVESTING LLC added 701,905 shares (+18471.2%) to their portfolio in Q1 2025, for an estimated $125,465,518
- CANOE FINANCIAL LP removed 587,980 shares (-99.9%) from their portfolio in Q4 2024, for an estimated $110,546,119
- LSV ASSET MANAGEMENT removed 466,170 shares (-51.0%) from their portfolio in Q4 2024, for an estimated $87,644,621
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
M & T BANK Analyst Ratings
Wall Street analysts have issued reports on $MTB in the last several months. We have seen 3 firms issue buy ratings on the stock, and 1 firms issue sell ratings.
Here are some recent analyst ratings:
- Piper Sandler issued a "Overweight" rating on 11/27/2024
- Wells Fargo issued a "Underweight" rating on 10/18/2024
- RBC Capital issued a "Outperform" rating on 10/17/2024
- Wedbush issued a "Outperform" rating on 10/17/2024
To track analyst ratings and price targets for M & T BANK, check out Quiver Quantitative's $MTB forecast page.
M & T BANK Price Targets
Multiple analysts have issued price targets for $MTB recently. We have seen 8 analysts offer price targets for $MTB in the last 6 months, with a median target of $218.0.
Here are some recent targets:
- An analyst from Truist Financial set a target price of $225.0 on 04/04/2025
- Frank Schiraldi from Piper Sandler set a target price of $243.0 on 11/27/2024
- Peter Winter from D.A. Davidson set a target price of $207.0 on 10/21/2024
- Ryan Nash from Goldman Sachs set a target price of $216.0 on 10/18/2024
- Gerald Cassidy from RBC Capital set a target price of $208.0 on 10/18/2024
- Jason Goldberg from Barclays set a target price of $228.0 on 10/18/2024
- Mike Mayo from Wells Fargo set a target price of $165.0 on 10/17/2024
This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.
