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M&T Bank (MTB)

(Delayed Data from NYSE)

$165.25 USD

165.25
1,260,921

-2.13 (-1.27%)

Updated Jul 19, 2024 04:00 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.15%
2Buy17.88%
3Hold9.47%
4Sell5.14%
5Strong Sell2.57%
S&P50011.11%

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3-Hold of 5     3    

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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B Value F Growth F Momentum F VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Top 12% (31 out of 250)

Industry: Banks - Major Regional

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Zacks News

Should You Invest in the SPDR S&P Regional Banking ETF (KRE)?

by Zacks Equity Research

Sector ETF report for KRE

Company News for Jul 19, 2024

by Zacks Equity Research

Companies in The News Are: TXT,DHI,CTAS,MTB

M&T Bank (MTB) Q2 Earnings Top Estimates, NII Drops Y/Y

by Zacks Equity Research

M&T Bank's (MTB) second-quarter 2024 results are aided by an increase in loan and deposit balance. A decline in NII on high funding costs was spoilsport.

Compared to Estimates, M&T Bank (MTB) Q2 Earnings: A Look at Key Metrics

by Zacks Equity Research

Although the revenue and EPS for M&T Bank (MTB) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

M&T Bank Corporation (MTB) Q2 Earnings and Revenues Surpass Estimates

by Zacks Equity Research

M&T Bank (MTB) delivered earnings and revenue surprises of 8.29% and 1.49%, respectively, for the quarter ended June 2024. Do the numbers hold clues to what lies ahead for the stock?

Is SPDR S&P Regional Banking ETF (KRE) a Strong ETF Right Now?

by Zacks Equity Research

Smart Beta ETF report for KRE

Fee Income to Aid Truist's (TFC) Q2 Earnings, Lower NII to Hurt

by Zacks Equity Research

A rise in fee income, driven by solid IB and wealth management businesses, is likely to have supported Truist's (TFC) Q2 earnings amid weakness in NII and elevated provisions.

Lower NII to Hurt Regions Financial (RF) in Q2 Earnings

by Zacks Equity Research

Regions Financial's (RF) second-quarter 2024 results are likely to be hurt by lower NII and rising expenses. Yet, a decent fee income growth is likely to offer some support.

Bank of America (BAC) Q2 Earnings and Revenues Beat Estimates

by Zacks Equity Research

Bank of America (BAC) delivered earnings and revenue surprises of 5.06% and 0.76%, respectively, for the quarter ended June 2024. Do the numbers hold clues to what lies ahead for the stock?

Higher Expenses to Hurt Huntington (HBAN) in Q2 Earnings?

by Zacks Equity Research

Escalating expenses and weakening asset quality are likely to have hurt Huntington's (HBAN) second-quarter performance. A rise in fee income and NII are likely to have offered some support.

Lower Loan & High Costs to Hurt Comerica's (CMA) Q2 Earnings

by Zacks Equity Research

Comerica's (CMA) second-quarter 2024 results are expected to be hurt by lower consumer loan demand and rising costs. Yet, a strong fee income growth is likely to offer support.

Fee Income to Support Fifth Third's (FITB) Earnings in Q2

by Zacks Equity Research

Decent growth in fee income, driven by lower mortgage rates and improved commercial and industrial loan demand, is likely to have aided Fifth Third's (FITB) Q2 performance.

Fee Income to Aid KeyCorp (KEY) Q2 Earnings, Lower NII to Hurt

by Zacks Equity Research

Improvement in fee income and lower provisions likely to have supported KeyCorp's (KEY) Q2 earnings amid weak NII performance and higher expenses.

Will Decent Loan Demand Aid M&T Bank's (MTB) Q2 Earnings?

by Zacks Equity Research

Decent growth in commercial and industrial loans as well as improved lending scenario are likely to support M&T Bank's (MTB) Q2 performance.

Citigroup (C) Q2 Earnings Beat as Loan Demand Improves

by Zacks Equity Research

Increases in Markets and Banking segments' revenues and higher loans support Citigroup's (C) Q2 earnings. However, higher provisions act as a headwind.

Wells Fargo's (WFC) Q2 Earnings Beat on Higher Fee Income

by Zacks Equity Research

The rise in non-interest income and lower provisions support Wells Fargo's (WFC) Q2 earnings while lower net interest income and a rise in expenses act as headwinds.

Lower NII, High Costs to Hurt U.S. Bancorp (USB) in Q2 Earnings

by Zacks Equity Research

U.S. Bancorp's (USB) second-quarter 2024 results are expected to be hurt by a softer real estate loan demand and a rise in expenses. Yet, a decent fee income growth is likely to offer some support.

Rebound in M&A Deal to Aid Citizens Financial's (CFG) Q2 Earnings

by Zacks Equity Research

Citizens Financial's (CFG) second-quarter 2024 results are likely to be driven by an improving lending scenario and strong fee income growth amid rising expenses and weakening asset quality.

Fee Income to Aid Northern Trust (NTRS) in Q2 Earnings?

by Zacks Equity Research

Northern Trust's (NTRS) second-quarter 2024 results are likely to be driven by an improving lending scenario and strong fee income growth amid rising expenses and weakening asset quality.

M&T Bank Corporation (MTB) Expected to Beat Earnings Estimates: Should You Buy?

by Zacks Equity Research

M&T Bank (MTB) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Fee Income to Aid State Street (STT) Q2 Earnings, NIR to Hurt

by Zacks Equity Research

An increase in fee income is expected to have supported State Street's (STT) Q2 earnings amid higher funding costs, which is likely to have hampered NIR growth.

PNC Financial (PNC) to Post Q2 Earnings: Here's What to Expect

by Zacks Equity Research

PNC Financial's (PNC) second-quarter 2024 results are likely to be driven by an improved lending scenario and an increase in fee income, offset by rising expenses and higher provisions.

U.S. Bancorp's (USB) Arm Launches New Cloud Payments Interface

by Zacks Equity Research

U.S. Bancorp's (USB) subsidiary, Elavon, launches a new Elavon Cloud Payments Interface API. The API is set to streamline digital and in-person payments for hotels and other hospitality entities.

Midcap Financial (MFIC) Merger Gets CEF Stockholders' Approval

by Zacks Equity Research

Midcap Financial (MFIC) receives AIF and AFT Funds' stockholders' approval for the proposed merger. The transaction is likely to be accretive to return on equity and net investment income per share.

M&T Bank (MTB) Arm Partners with BXMT on Agency MF Lending

by Zacks Equity Research

M&T Bank's (MTB) division, M&T Realty Capital's collaboration with BXMT, enables the latter's borrowers' expanded access to multifamily agency financing.