M&T Bank (NYSE:MTB) Downgraded to “Sell” Rating by Wall Street Zen

22 Mar 2026, 07:24 by Danessa Lincoln · The Markets Daily

Wall Street Zen lowered shares of M&T Bank (NYSE:MTB – Free Report) from a hold rating to a sell rating in a research report report published on Saturday.

Other analysts also recently issued research reports about the stock. Robert W. Baird raised their price objective on shares of M&T Bank from $225.00 to $230.00 and gave the stock an “outperform” rating in a research note on Thursday, December 18th. Piper Sandler lifted their target price on M&T Bank from $225.00 to $235.00 in a research report on Friday, January 16th. Wolfe Research lowered M&T Bank from an “outperform” rating to a “peer perform” rating in a research note on Wednesday, January 7th. Morgan Stanley increased their price objective on shares of M&T Bank from $251.00 to $271.00 and gave the company an “equal weight” rating in a research note on Monday, March 2nd. Finally, JPMorgan Chase & Co. boosted their target price on shares of M&T Bank from $217.00 to $244.50 and gave the stock a “neutral” rating in a report on Monday, February 9th. One equities research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, twelve have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, M&T Bank currently has a consensus rating of “Hold” and an average target price of $232.87.

Read Our Latest Analysis on MTB

M&T Bank Trading Up 1.0%

M&T Bank stock opened at $198.14 on Friday. The company has a debt-to-equity ratio of 0.41, a current ratio of 0.96 and a quick ratio of 0.96. The stock has a market cap of $29.52 billion, a P/E ratio of 11.62, a PEG ratio of 0.87 and a beta of 0.58. The firm’s 50 day moving average price is $217.76 and its 200-day moving average price is $202.47. M&T Bank has a 1 year low of $150.75 and a 1 year high of $239.00.

M&T Bank (NYSE:MTB – Get Free Report) last issued its quarterly earnings data on Friday, January 16th. The financial services provider reported $4.72 earnings per share for the quarter, beating analysts’ consensus estimates of $4.47 by $0.25. The firm had revenue of $1.79 billion during the quarter, compared to analyst estimates of $2.47 billion. M&T Bank had a return on equity of 10.94% and a net margin of 21.55%.During the same quarter last year, the business posted $3.77 earnings per share. On average, equities analysts predict that M&T Bank will post 16.57 earnings per share for the current fiscal year.

M&T Bank Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Monday, March 2nd will be given a dividend of $1.50 per share. This represents a $6.00 annualized dividend and a yield of 3.0%. The ex-dividend date is Monday, March 2nd. M&T Bank’s dividend payout ratio (DPR) is currently 35.19%.

Insider Activity

In other M&T Bank news, Director John P. Barnes sold 21,193 shares of the company’s stock in a transaction dated Monday, February 9th. The shares were sold at an average price of $235.85, for a total value of $4,998,369.05. Following the completion of the transaction, the director owned 15,142 shares in the company, valued at approximately $3,571,240.70. This represents a 58.33% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Kirk W. Walters sold 909 shares of M&T Bank stock in a transaction dated Tuesday, February 3rd. The shares were sold at an average price of $227.37, for a total value of $206,679.33. Following the completion of the transaction, the director owned 5,976 shares of the company’s stock, valued at approximately $1,358,763.12. This represents a 13.20% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 49,092 shares of company stock worth $11,182,250 in the last ninety days. Corporate insiders own 0.44% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in MTB. Empowered Funds LLC raised its holdings in shares of M&T Bank by 11.9% during the 1st quarter. Empowered Funds LLC now owns 3,396 shares of the financial services provider’s stock worth $607,000 after acquiring an additional 362 shares during the period. Woodline Partners LP raised its position in shares of M&T Bank by 40.7% during the 1st quarter. Woodline Partners LP now owns 14,018 shares of the financial services provider’s stock valued at $2,506,000 after buying an additional 4,054 shares during the period. DNB Asset Management AS grew its position in M&T Bank by 1.0% in the second quarter. DNB Asset Management AS now owns 111,342 shares of the financial services provider’s stock worth $21,599,000 after acquiring an additional 1,066 shares during the period. Mufg Securities Americas Inc. increased its stake in M&T Bank by 17.5% during the second quarter. Mufg Securities Americas Inc. now owns 3,849 shares of the financial services provider’s stock worth $747,000 after acquiring an additional 573 shares during the last quarter. Finally, Twin Peaks Wealth Advisors LLC purchased a new stake in M&T Bank in the second quarter valued at $36,000. 84.68% of the stock is owned by institutional investors and hedge funds.

M&T Bank Company Profile

(Get Free Report)

M&T Bank Corporation is a bank holding company headquartered in Buffalo, New York, that provides a broad range of banking and financial services to individuals, businesses and institutions. The company operates a commercial and retail banking franchise that includes deposit-taking, lending, and payment services delivered through branch networks, digital channels and commercial banking teams. M&T serves customers across the northeastern and mid‑Atlantic United States and has expanded its geographic footprint through strategic acquisitions.