| Market cap | $24.82B |
|---|---|
| Enterprise value | $24.61B |
| Revenue | $8.773B |
|---|---|
| EBITDA | $3.417B |
| Income | $2.465B |
| Revenue Q/Q | -9.86% |
| Revenue Y/Y | 3.06% |
| P/E | 9.97 |
|---|---|
| Forward P/E | 8.16 |
| EV/Sales | 2.81 |
| EV/EBITDA | 7.20 |
| EV/EBIT | 7.57 |
| PEG | 0.53 |
| Price/Sales | 2.83 |
| P/FCF | 6.45 |
| Price/Book | 0.92 |
| Book/Share | 160.96 |
| Cash/Share | N/A |
| FCF yield | 15.51% |
| Volume | 643.025k / N/A |
|---|---|
| Relative vol. | N/A |
| EPS | 14.87 |
|---|---|
| EPS Q/Q | -4.34% |
| Est. EPS Q/Q | 33.53% |
| Profit margin | 29.30% |
|---|---|
| Oper. margin | 48.03% |
| Gross margin | 100.00% |
| EBIT margin | 37.07% |
| EBITDA margin | 38.95% |
| Ret. on assets | 1.17% |
|---|---|
| Ret. on equity | 9.29% |
| ROIC | 1.72% |
| ROCE | 1.51% |
| Debt/Equity | 6.73 |
|---|---|
| Net debt/EBITDA | -19.18 |
| Current ratio | 0.10 |
| Quick ratio | N/A |
| Volatility | 2.16% |
|---|---|
| Beta | 1.04 |
| RSI | 50.84 |
|---|
| Insider ownership | 0.36% |
|---|---|
| Inst. ownership | 71.60% |
| Shares outst. | 166.854M |
|---|---|
| Shares float | 0.000 0.00% |
| Short % of float | 1.92% |
| Short ratio | 2.47 |
| Dividend | $5.25 |
|---|---|
| Dividend yield | 3.58% |
| Payout ratio | 35.31% |
| Payment date | N/A |
| Ex-dividend date | N/A |
| Earnings date | 18 Jul 2024 |
Thursday, 20 June 2024
|
|
| M&T Bank Corporation Announces Second Quarter 2024 Earnings Release and Conference Call | |
Saturday, 4 May 2024
|
|
| Decoding M&T Bank Corp : A Strategic SWOT Insight | |
Sunday, 21 April 2024
|
|
| 10 Best Dividend Leaders to Buy According to Analysts | |
Tuesday, 6 February 2024
|
|
| Is M&T Bank Corporation Intelligently Managed? | |
Thursday, 25 January 2024
|
|
| Why one giant regional bank no longer wants to be a regional bank | |
Sunday, 21 January 2024
|
|
| Dividend Challengers List Ranked By Yield: Top 30 | |
Thursday, 18 January 2024
|
|
| M&T Bank's profit plunges on FDIC fee-related expense, costly deposits | |
Monday, 18 December 2023
|
|
| 11 Most Profitable Bank Stocks To Invest In | |
Sunday, 26 November 2023
|
|
| Is It Smart To Buy M&T Bank Corporation Before It Goes Ex-Dividend? | |
Tuesday, 7 November 2023
|
|
| The M&T Bank Corp Company: A Short SWOT Analysis | |
Wednesday, 18 October 2023
|
|
| Regional Bank Earnings Kick Off: U.S. Bank, Citizens, M&T | |
| M&T Bank beats profit estimates as higher rates boost interest income | |
Thursday, 12 October 2023
|
|
| M&T Ranks No. 6 Among SBA Lenders Following Record-Breaking Year | |
Tuesday, 5 September 2023
|
|
| Why Citigroup, PNC Financial, and M&T Bank Stocks Fell in August | |
Tuesday, 15 August 2023
|
|
| Why bond rating downgrades are the last thing banks need right now | |
Sunday, 13 August 2023
|
|
| 11 Cheap Bank Stocks To Buy Before They Take Off | |
Friday, 28 July 2023
|
|
| 10 Best Regional Bank Dividend Stocks to Buy | |
Tuesday, 25 July 2023
|
|
| M&T Bank to Empower Local Small Businesses with 2nd Bridgeport Multicultural Small Business Lab | |
Monday, 24 July 2023
|
|
| Banks Are Going on a Diet | |
Friday, 21 July 2023
|
|
| Big Regional Banks Reported Stable Deposits. For Investors, That Counts as Great News. | |
Wednesday, 19 July 2023
|
|
| U.S. Bancorp, First Horizon, Citizen's Financial, M&T: Bank earnings roundup | |
| 5 Things to Know Before Markets Open | |
Monday, 17 July 2023
|
|
| Big bank earnings had 'a little bit of good, a little bit of bad' news for regional banks: Analyst | |
| Giant banks paid more for deposits in Q2. That's bad news for small lenders. | |
Thursday, 29 June 2023
|
|
| Powell: SVB's failure shows Fed needs to step up oversight of mid-sized banks | |
| Insider |
Trans.
Transaction
|
Total value |
|---|---|---|
| John P Barnes Director | Option 14 May 2024 | $6,487,410 |
| Christopher E Kay Sr. Executive Vice President | Sale 10 May 2024 | $280,033 |
| Kirk W Walters Director | Sale 9 May 2024 | $3,477,322 |
| Kirk W Walters Director | Sale 6 May 2024 | $2,394,654 |
| John P Barnes Director | Option 3 May 2024 | $8,903,249 |
| Doris P. Meister Sr. Executive Vice President | Sale 3 May 2024 | $495,122 |
| John P Barnes Director | Option 25 Apr 2024 | $2,590,800 |
| Doris P. Meister Sr. Executive Vice President | Sale 17 Apr 2024 | $226,388 |
| Gary N Geisel Director | Sale 14 Mar 2024 | $99,018 |
| Kirk W Walters Director | Option 13 Mar 2024 | $3,604,471 |
| Doris P. Meister Sr. Executive Vice President | Sale 11 Mar 2024 | $568,839 |
Powered by
Robintrack.
Price target
Current $148.20
Average $122.52
Low $100
High $159
Dividends
| Ex-dividend date | N/A | Frequency | Quarterly | Annual dividend | +8.33% |
|---|---|---|---|---|---|
| Next dividend | N/A | Dividend yield | 3.58% | Growth period | 29 years |
| Last dividend date | Yield 3 years | 3.56% | Growth 3 years | +5.73% | |
| Last dividend | Yield 5 years | 3.41% | Growth 5 years | +7.93% |
| Insider | Age | Since | Compensation |
|---|---|---|---|
| Rene Jones (55) Chairman of the Board and Chief Executive Officer since 2017 | 55 | 2017 | $5,704,700 |
| Kevin Pearson (58) Vice Chairman of the Board since 2018 | 58 | 2018 | $3,974,890 |
| Richard Gold (59) President, Chief Operating Officer, and Director since 2017 | 59 | 2017 | $3,963,970 |
| Darren King (50) Chief Financial Officer and Executive Vice President since 2016 | 50 | 2016 | $2,702,380 |
| Doris Meister (64) Executive Vice President since 2016 | 64 | 2016 | $2,532,100 |
| Rene F. Jones CPA (56) Chairman and CEO | 56 | $1,915,805 | |
| Richard S. Gold (60) Pres, COO, and Director | 60 | $1,463,356 | |
| Kevin J. Pearson (59) Vice Chairman and Director | 59 | $1,457,696 | |
| Darren J. King (51) Exec. VP and CFO | 51 | $1,313,749 | |
| Doris Powers Meister (65) Exec. VP of Wealth and Institutional Services | 65 | $1,244,619 | |
| Gary Geisel (71) Independent Director since 2009 | 71 | 2009 | $232,200 |
| John Hawke (86) Independent Director since 2012 | 86 | 2012 | $196,000 |
| T. Jefferson Cunningham (77) Independent Director since 2001 | 77 | 2001 | $190,000 |
| C. Angela Bontempo (79) Independent Director since 1991 | 79 | 1991 | $184,000 |
| Robert Sadler (74) Independent Director since 2010 | 74 | 2010 | $180,000 |
| Robert Brady (79) Independent Vice Chairman of the Board and Lead Independent Director since 2015 | 79 | 2015 | $179,000 |
| Denis Salamone (66) Independent Director since 2015 | 66 | 2015 | $171,000 |
| Richard Ledgett (62) Independent Director since 2017 | 62 | 2017 | $170,167 |
| Richard Grossi (72) Independent Director since 2015 | 72 | 2015 | $168,900 |
| Herbert Washington (69) Independent Director since 1996 | 69 | 1996 | $168,000 |
| Newton Merrill (80) Independent Director since 2015 | 80 | 2015 | $167,000 |
| David Scharfstein (59) Independent Director since 2017 | 59 | 2017 | $165,000 |
| John Scannell (56) Independent Director since 2017 | 56 | 2017 | $146,000 |
| Melinda Rich (62) Independent Director since 2009 | 62 | 2009 | $131,000 |
| Rudina Seseri | 2020 | ||
| Leslie Godridge | 2020 | ||
| Francesco Lagutaine | 2020 | ||
| Calvin Butler (50) Director since 2020 | 50 | 2020 | |
| Aarthi Murali | 2020 | ||
| Donald MacLeod | |||
| Michael Todaro (58) Executive Vice President since 2015 | 58 | 2015 | |
| Gino Martocci (54) Executive Vice President since 2014 | 54 | 2014 | |
| Christopher Kay (54) Executive Vice President since 2018 | 54 | 2018 | |
| William Farrell (62) Executive Vice President since 2011 | 62 | 2011 | |
| Janet Coletti (56) Executive Vice President since 2015 | 56 | 2015 | |
| Robert Bojdak (64) Executive Vice President and Chief Credit Officer since 2004 | 64 | 2004 | |
| D. Scott Warman (54) Executive Vice President and Treasurer since 2009 | 54 | 2009 | |
| John Angelo (57) Executive Vice President and Chief Risk Officer since 2017 | 57 | 2017 | |
| Michele Trolli (58) Executive Vice President, Chief Technology Officer, and Operations Officer since 2018 | 58 | 2018 | |
| Laura P. O'Hara | |||
| Marianne E. Roche | |||
| Brian Paul Klock | |||
| Michael R. Spychala |
m&t bank corporation is one of the 20 largest commercial bank holding companies in the u.s. with over 15,000 employees and more than 700 branches, m&t serves more than two million consumer households and commercial clients. established over 150 years ago in buffalo, n.y., we’re regarded as one of the strongest and most highly respected regional banks in the country. through our affiliate, wilmington trust, we are also a premier provider of wealth management and corporate trust solutions. equal housing lender. nmls #381076. © 2013 m&t bank. member fdic.
- Finance > Regional Banks
- M & T Bank Corp, One M&T Plaza, Buffalo 14203, United States
- 716 635 4000
- Investor relations
Dividends
| Ex-dividend date | N/A | Frequency | Quarterly | Annual dividend | +8.33% |
|---|---|---|---|---|---|
| Next dividend | N/A | Dividend yield | 3.58% | Growth period | 29 years |
| Last dividend date | Yield 3 years | 3.56% | Growth 3 years | +5.73% | |
| Last dividend | Yield 5 years | 3.41% | Growth 5 years | +7.93% |
Quarterly EPS estimates
Profit margin
Debt to assets
Cash flow
Balance sheet
XSLX
| (in millions USD) | 31 Mar 2024 | 31 Dec 2023 | |||
|---|---|---|---|---|---|
| Current assets | |||||
| Cash | $33,839 | $29,800 | |||
| Short term investments | |||||
| Net receivables | |||||
| Inventory | |||||
| Total current assets | |||||
| Long term investments | |||||
| Property, plant & equipment | $1,707 | $1,739 | |||
| Goodwill & intangible assets | $8,597 | $8,612 | |||
| Total noncurrent assets | |||||
| Total investments | $161,377 | $158,942 | |||
| Total assets | $215,137 | $208,264 | |||
| Current liabilities | |||||
| Accounts payable | |||||
| Deferred revenue | |||||
| Short long term debt | |||||
| Total current liabilities | |||||
| Long term debt | |||||
| Total noncurrent liabilities | |||||
| Total debt | $16,245 | $13,517 | |||
| Total liabilities | $187,968 | $181,307 | |||
| Stockholders' equity | |||||
| Retained earnings | $17,812 | $17,524 | |||
| Other stockholder equity | -$589 | -$459 | |||
| Total stockholder equity | $27,169 | $26,957 | |||
| (in millions USD) | 2023 | 2022 | ||
|---|---|---|---|---|
| Current assets | ||||
| Cash | $29,800 | $26,478.963 | ||
| Short term investments | ||||
| Net receivables | ||||
| Inventory | ||||
| Total current assets | ||||
| Long term investments | ||||
| Property, plant & equipment | $1,739 | $1,653.628 | ||
| Goodwill & intangible assets | $8,612 | $8,699.463 | ||
| Total noncurrent assets | ||||
| Total investments | $158,942 | $154,967.55 | ||
| Total assets | $208,264 | $200,729.841 | ||
| Current liabilities | ||||
| Accounts payable | ||||
| Deferred revenue | ||||
| Short long term debt | ||||
| Total current liabilities | ||||
| Long term debt | ||||
| Total noncurrent liabilities | ||||
| Total debt | $13,517 | $7,519.488 | ||
| Total liabilities | $181,307 | $175,411.851 | ||
| Stockholders' equity | ||||
| Retained earnings | $17,524 | $15,753.978 | ||
| Other stockholder equity | -$459 | -$790.03 | ||
| Total stockholder equity | $26,957 | $25,317.99 | ||
Income statement
| (in millions USD) | 31 Mar 2024 | 31 Dec 2023 | |||
|---|---|---|---|---|---|
| Revenue | |||||
| Total revenue | $2,060 | $2,075.334 | |||
| Cost of revenue | |||||
| Gross profit | $2,060 | $2,075.334 | |||
| Operating activities | |||||
| Research & development | |||||
| Selling, general & administrative | $1,201 | $1,092.735 | |||
| Total operating expenses | $1,201 | $1,092.735 | |||
| Operating income | $859 | $982.599 | |||
| Income from continuing operations | |||||
| EBIT | $638 | $599.458 | |||
| Income tax expense | $133 | $143.26 | |||
| Interest expense | |||||
| Net income | |||||
| Net income | $505 | $456.198 | |||
| Income (for common shares) | $505 | $456.198 | |||
| (in millions USD) | 2023 | 2022 | ||
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $8,998 | $7,661.559 | ||
| Cost of revenue | ||||
| Gross profit | $8,998 | $7,661.559 | ||
| Operating activities | ||||
| Research & development | ||||
| Selling, general & administrative | $4,565 | $4,528.045 | ||
| Total operating expenses | $4,565 | $4,528.045 | ||
| Operating income | $4,433 | $3,133.514 | ||
| Income from continuing operations | ||||
| EBIT | $3,514 | $2,510.929 | ||
| Income tax expense | $878 | $619.46 | ||
| Interest expense | ||||
| Net income | ||||
| Net income | $2,636 | $1,891.469 | ||
| Income (for common shares) | $2,636 | $1,891.469 | ||
Cash flows
| (in millions USD) | 31 Mar 2024 | 31 Dec 2023 | |||
|---|---|---|---|---|---|
| Net income | $505 | $456.198 | |||
| Operating activities | |||||
| Depreciation | $130 | $129.316 | |||
| Business acquisitions & disposals | |||||
| Stock-based compensation | |||||
| Total cash flows from operations | $608 | $800.279 | |||
| Investing activities | |||||
| Capital expenditures | -$35 | -$87.787 | |||
| Investments | -$6,767 | $617.771 | |||
| Total cash flows from investing | -$7,082 | $682.905 | |||
| Financing activities | |||||
| Dividends paid | -$221 | -$215.662 | |||
| Sale and purchase of stock | |||||
| Net borrowings | $2,787 | -$455.371 | |||
| Total cash flows from financing | $6,438 | -$1,520.804 | |||
| Effect of exchange rate | |||||
| Change in cash and equivalents | -$36 | -$37.62 | |||
| (in millions USD) | 2023 | 2022 | ||
|---|---|---|---|---|
| Net income | $2,636 | $1,891.469 | ||
| Operating activities | ||||
| Depreciation | $497 | $434.143 | ||
| Business acquisitions & disposals | $393.923 | |||
| Stock-based compensation | ||||
| Total cash flows from operations | $3,905 | $4,573.74 | ||
| Investing activities | ||||
| Capital expenditures | -$256 | -$214.388 | ||
| Investments | -$7,178 | $17,032.229 | ||
| Total cash flows from investing | -$7,874 | $16,592.736 | ||
| Financing activities | ||||
| Dividends paid | -$868 | -$784.089 | ||
| Sale and purchase of stock | -$594 | -$1,800 | ||
| Net borrowings | $5,972 | $2,704.336 | ||
| Total cash flows from financing | $4,180 | -$20,983.809 | ||
| Effect of exchange rate | ||||
| Change in cash and equivalents | $211 | $182.667 | ||
Recent institutional transactions
| Quarter | Shareholder | Change |
Shares owned
Shares
|
Value (in thousands USD) |
|---|---|---|---|---|
| 2024 Q1 | Strs Ohio |
-93.15%
|
13,502 | $1,963 |
| 2024 Q1 | Ameriprise Financial Inc |
-11.67%
|
701,344 | $102,033,935 |
| 2024 Q1 | Natixis Advisors, L.P. |
+44.16%
|
169,354 | $24,630 |
| 2024 Q1 | Loomis Sayles & Co L P |
-42.60%
|
54,266 | $7,893 |
| 2024 Q1 | Sumitomo Mitsui Trust |
+7.73%
|
497,503 | $72,356,836 |
| 2024 Q1 | Johnson Investment Counsel Inc |
-48.20%
|
10,712 | $1,557,953 |
| 2024 Q1 | Boston Trust Walden Corp |
+14.75%
|
59,230 | $8,614,411 |
| 2024 Q1 | Comerica Bank |
-7.43%
|
34,510 | $5,019,192 |
| 2024 Q1 | Community Bank, N.a |
Opened
|
2,212 | $321,710 |
| 2024 Q1 | Yousif Capital Management |
-7.99%
|
22,816 | $3,318,359 |
Institutional shareholders
| Shareholder | Stake |
Shares owned
Shares
|
Value (in thousands USD) |
|---|---|---|---|
| Tiaa Cref Investment Management | 0.71% | 1,191,416 | |
| Standard Life Investments Ltd | 0.66% | 1,100,084 | |
| Ameriprise Financial Inc | 0.42% | 701,344 | |
| Marathon Asset Management LL.P. | 0.31% | 517,897 | |
| Sumitomo Mitsui Trust | 0.30% | 497,503 | |
| Rnc Capital Management | 0.20% | 341,473 | |
| Natixis Advisors, L.P. | 0.10% | 169,354 | |
| Nisa Investment Advisors | 0.04% | 64,445 | |
| Gabelli Funds | 0.04% | 59,650 | |
| Boston Trust Walden Corp | 0.04% | 59,230 |
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