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M&T Bank (MTB)

(Delayed Data from NYSE)

$192.25 USD

192.25
924,880

-2.43 (-1.25%)

Updated Nov 1, 2024 04:00 PM ET

After-Market: $192.19 -0.06 (-0.03%) 7:58 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 Buy24.10%
2Buy17.80%
3Hold9.50%
4Sell2.70%
5Strong Sell2.70%
S&P50011.20%

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2-Buy of 5   2      

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 C Momentum C 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 4% (9 out of 250)

Industry: Banks - Major Regional

Better trading starts here.

Zacks News

What's in the Cards for Citigroup (C) This Earnings Season?

Citigroup (C) Q1 results are expected to reflect weakness in Market revenues and net interest income. High expenses are likely to have hurt bottom-line growth.

Subdued NII, IB Fees to Hurt Wells Fargo's (WFC) Q1 Earnings

Despite an improving lending scenario, Wells Fargo's (WFC) Q1 NII is likely to have declined. A fall in mortgage banking revenues and investment banking fees might have hurt fee income.

What to Expect From U.S. Bancorp (USB) This Earnings Season?

Despite a decent lending environment, rising expenses and lower fee income are expected to have acted as spoilsports for U.S. Bancorp's (USB) Q1 earnings.

Will Low Underwriting Volume Ail Goldman's (GS) Q1 Earnings?

A dip in capital market activities amid macro-uncertainty and market volatility is expected to have ailed Goldman's (GS) Q1 IB revenues. The asset management unit is likely to have witnessed outflows.

What's in the Cards for First Republic's (FRC) Q1 Earnings?

While the improving lending environment and higher investment advisory fees are likely to have buoyed First Republic's (FRC) Q1 earnings, rising expenses are expected to have been acting as a spoilsport.

Valley National (VLY) Completes Acquisition of Bank Leumi USA

Valley National (VLY) closes the deal to buy Bank Leumi Le-Israel B.M.'s US banking arm, Bank Leumi USA. The deal will broaden Valley National's commercial product offerings, and expand its venture capital business.

M&T Bank (MTB) Acquires People's United Financial for $8.3B

M&T Bank (MTB) completes the acquisition of People's United Financial in an all-stock deal for $8.3 billion to deepen its footprint in the United States.

Citizens Financial (CFG) Launches Overdraft-Free Checking Account

Citizens Financial (CFG) launches a new overdraft-free checking account named Citizens EverValue Checking to protect users from overdraft and avoid overspending their money.

Hancock Whitney (HWC) to Get Rid of NSF, Overdraft Fees by '22

Hancock Whitney's (HWC) elimination of the NSF and certain OD fees will reduce service charges on deposit accounts by around $10-$11 million every year.

New York Community (NYCB) Rolls Out Bank-On-Certified Account

New York Community's (NYCB) launch of its bank-on-certified checking account underlines efforts to equip consumers to monitor and improve their finances in a safe and affordable manner.

M&T Bank (MTB) & People's United (PBCT) Announce Merger Date

Per M&T Bank (MTB) and People's United (PBCT), their impending merger is slated for a quick wrap-up following the Fed's recent regulatory nod. This will boost M&T Bank's base in the Northeast.

Valley National (VLY)-Bank Leumi USA Deal to Wrap up Soon

Valley National (VLY)-Bank Leumi USA merger deal will likely be concluded on Apr 1. The transaction will be accretive to VLY's next year earnings.

M&T Bank (MTB) & PBCT Merger Receives Green Light From Fed

The waiting game for the merger approval of M&T Bank (MTB) and People's United (PBCT) ends with the companies finally receiving Fed's nod.

WesBanco (WSBC) Extends Share Buyback & Hikes Dividend By 3%

WesBanco's (WSBC) board of directors authorizes the extension of its stock repurchase program to up to 3.2 million shares and announced a 3% rise in its quarterly cash dividend.

    Citigroup (C) Becomes Largest US Bank to Scrap Overdraft Fees

    In a move to make overdraft practices more consumer-friendly, Citigroup (C) will eliminate charging overdraft fees, returned item fees and overdraft protection fees by this summer.

    WisdomTree (WETF) Boosts Share Buyback Authorization By $85.7M

    WisdomTree's (WETF) board of directors authorizes the extension and increase of its stock repurchase program to up to $100 million.

    Evercore (EVR) Announces $1.4B Share Repurchase Program

    Evercore (EVR) announces a new share buyback program. This, along with regular dividend payments and balance-sheet strength, will continue to make capital deployment sustainable.

    M&T Bank (MTB) Reinstates Its $800M Stock Repurchase Program

    M&T Bank's (MTB) board of directors re-authorizes its stock repurchase program worth $800 million, which was originally announced in January 2021.

      Devyani Chamria headshot

      Will MTB-PBCT Merger Regulatory Delay Dissuade Bank M&As?

      While the waiting game for the merger approval of M&T Bank (MTB) and People's United (PBCT) continues, let's discuss if the heightening regulatory scrutiny will affect the banking M&A trends.

      M&T Bank (MTB) Eases Consumers' Short-Term Cash Requirements

      M&T Bank (MTB) launches new features, such as elimination of non-sufficient funds and overdraft protection fees from linked deposit accounts as well as a reduction in overdraft charges.

      M&T Bank (MTB) Q4 Earnings & Revenues Surpass Estimates

      The recapture of provisions and a rise in fee income aid M&T Bank's (MTB) Q4 earnings, while cost woes prevail.

      M&T Bank Corporation (MTB) Q4 Earnings and Revenues Surpass Estimates

      M&T Bank Corporation (MTB) delivered earnings and revenue surprises of 6.38% and 3.34%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

      Should You Buy M&T Bank (MTB) Ahead of Earnings?

      M&T Bank (MTB) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

      The Bank of New York Mellon Corporation (BK) Q4 Earnings and Revenues Top Estimates

      The Bank of New York Mellon Corporation (BK) delivered earnings and revenue surprises of 1.96% and 0.96%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?