NYSE - Delayed Quote USD

M&T Bank Corporation (MTB)

147.96

+1.10

(+0.75%)

At close: April 24 at 4:00 PM EDT

147.85

-0.11

(-0.07%)

Pre-Market: 7:31 AM EDT

Main Street Banking Model Is Being Squeezed

Higher-for-longer interest rates are continuing to weigh on Main Street banks. Regional banks posted steep profit declines in the first quarter and predicted more pain ahead. The results underscore the uneven toll that two years of higher interest rates have taken on regional banks, which tend to have plain-vanilla businesses taking in deposits and making loans.

The Wall Street Journal 19 hours ago

FNB

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10 Best Dividend Leaders to Buy According to Analysts

In this article, we discuss 10 best dividend leaders to buy according to analysts. You can skip our detailed analysis of dividend stocks and their performance over the years, and go directly to read 5 Best Dividend Leaders to Buy According to Analysts. Income generation has always been a primary goal for investors when making […]

Insider Monkey 3 days ago

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EWBC
Jay Powell just made 2024 more of a puzzle for regional banks

Higher deposit costs are eating into profits of regional banks. That pressure is not likely to abate anytime soon as the Fed dials back its expectations for rate cuts in 2024.

Yahoo Finance 3 days ago

PNC
+0.29%
MTB
+0.75%
FHN
M&T Bank First Quarter 2024 Earnings: In Line With Expectations

M&T Bank ( NYSE:MTB ) First Quarter 2024 Results Key Financial Results Revenue: US$2.06b (down 9.9% from 1Q 2023). Net...

Simply Wall St. 4 days ago

MTB
+0.75%
M&T Bank Corporation Announces Series H Preferred Stock Quarterly Dividend

M&T Bank Corporation ("M&T") (NYSE:MTB) announced that it has declared a quarterly cash dividend of $0.3515625 per share on its Perpetual Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series H ("Series H Preferred Stock"). The dividend will be payable June 17, 2024 to shareholders of record at the close of business on June 3, 2024.

PR Newswire 8 days ago

MTB
+0.75%
Regional Bank Stocks Fall As Earnings Kick Off With PNC, M&T

Shares of regional banks fell after some of the larger players reported double-digit profit declines in the first quarter. **PNC Financial** said net income fell 22% from a year earlier to $1.2 billion, or $3.10 a share. At **M&T Bank**, net income dropped by a quarter to $505 million, the bank said Monday.

The Wall Street Journal 8 days ago

MTB
+0.75%
M&T Bank Corporation (NYSE:MTB) Q1 2024 Earnings Call Transcript

M&T Bank Corporation (NYSE:MTB) Q1 2024 Earnings Call Transcript April 15, 2024 M&T Bank Corporation isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Good day, and welcome to the M&T Bank First Quarter 2024 Earnings Conference Call. All lines have […]

Insider Monkey 8 days ago

MTB
+0.75%
Q1 2024 M&T Bank Corp Earnings Call

Q1 2024 M&T Bank Corp Earnings Call

Thomson Reuters StreetEvents 9 days ago

MTB
+0.75%
M&T Bank Had a Tough Quarter. Why the Stock Is Leading the S&P 500 Today.

Stock in M&T Bank was rising even after its earnings slumped on exposure to the commercial real estate sector. M&T stock gained 5.6% to $142.14 in trading Monday, putting it on track for its best day since November, according to Dow Jones Market Data. For its first quarter, M&T reported per-share earnings of $3.02, much lower than the $4.01 recorded in the year-ago quarter.

Barrons.com 9 days ago

MTB
+0.75%
M&T Bank (MTB) Q1 Earnings Miss Estimates, Expenses Rise Y/Y

A decline in revenues and higher expenses hurt M&T Bank's (MTB) Q1 earnings. However, a solid loan and deposit balance offer some support.

Zacks 9 days ago

MTB
+0.75%
M&T Bank Soars Most in Two Years After Guidance Pushed Higher

(Bloomberg) -- M&T Bank Corp. shares jumped the most in two years after boosting its 2024 outlook for net interest income, a key source of revenue. Most Read from BloombergIran’s Attack on Israel Sparks Race to Avert a Full-Blown WarS&P 500 Breaks Below 5,100 as Big Tech Sells Off: Markets WrapBeyond the Ivies: Surprise Winners in the List of Colleges With the Highest ROIIsrael Versus Iran — What All-Out War Could Look LikeApple Faces Worst iPhone Slump Since Covid as Rivals RiseThe Buffalo-base

Bloomberg 9 days ago

^GSPC

MTB
+0.75%
M&T Bank (MTB) Reports Q1 Earnings: What Key Metrics Have to Say

The headline numbers for M&T Bank (MTB) give insight into how the company performed in the quarter ended March 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Zacks 9 days ago

MTB
+0.75%
M&T Bank forecasts strong 2024 interest income as rate cut bets ease

Rate cut hopes have diminished as hotter-than-expected inflation data is likely to nudge the Fed in keeping interest rates higher for longer. M&T's revised outlook reflects two rate cuts this year, while the previous one had considered three to six rate cuts. Earlier in the day, Buffalo, New York-based M&T Bank reported an 8% drop in its first-quarter NII to $1.68 billion from a year earlier.

Reuters 10 days ago

MTB
+0.75%
M&T Bank Corporation (MTB) Lags Q1 Earnings Estimates

M&T Bank (MTB) delivered earnings and revenue surprises of -1.28% and 0.16%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?

Zacks 10 days ago

MTB
+0.75%
M&T Bank profit slumps 25% after interest income fall

M&T Bank posted a 25% drop in first-quarter profit on Monday as higher deposit costs reduced its interest income, and a turmoil in the commercial real estate (CRE) industry prompted it to set aside more rainy-day funds. Regional lenders have had to pay higher interest rates on deposits to prevent customers from fleeing to higher-yielding alternatives, such as money market funds. Buffalo, New York-based M&T Bank's net interest income - the difference between what a bank earns on loans and pays on deposits - fell 8% to $1.68 billion in the first quarter from a year earlier.

Reuters 10 days ago

MTB
+0.75%
M&T Bank Corporation (NYSE:MTB) announces first quarter 2024 results

M&T Bank Corporation ("M&T" or "the Company") reports quarterly net income of $531 million or $3.02 of diluted earnings per common share.

PR Newswire 10 days ago

MTB
+0.75%
What's in the Offing for M&T Bank (MTB) in Q1 Earnings?

Despite a rise in loans, increasing funding costs are likely to have hurt M&T Bank's (MTB) Q1 NII growth. Also, softer mortgage income is expected to have affected its non-interest income.

Zacks 13 days ago

MTB
+0.75%
Analysts Estimate M&T Bank Corporation (MTB) to Report a Decline in Earnings: What to Look Out for

M&T Bank (MTB) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Zacks 16 days ago

MTB
+0.75%
STT
-0.13%
M&T Bank Launches Third Harrisburg Multicultural Small Business Lab

M&T Bank (NYSE: MTB) is seeking up to 45 entrepreneurs to participate in its third Capital Region Multicultural Small Business Lab – a program designed to provide multicultural business owners with the guidance and skills needed to build strong businesses, spur economic growth in the Harrisburg area, and build generational wealth for their families.

PR Newswire 20 days ago

MTB
+0.75%
M&T Realty Capital Corporation Provides $414.83 Million for a Multifamily Housing Property in Brooklyn, New York

M&T Realty Capital Corporation® is pleased to announce the closing of a $414,829,000 Freddie Mac conventional loan for Brooklyn Crossing, an 858-unit multifamily housing property located in Brooklyn, NY. The team was able to successfully secure favorable permanent financing terms for their client The Brodsky Organization.

PR Newswire 21 days ago

MTB
+0.75%

Performance Overview

Return	MTB	S&P 500
YTD	+8.95%	+6.33%
1-Year	+24.15%	+22.70%
3-Year	+6.67%	+21.33%

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M&T Bank Corporation (MTB)

Main Street Banking Model Is Being Squeezed

10 Best Dividend Leaders to Buy According to Analysts

Jay Powell just made 2024 more of a puzzle for regional banks

M&T Bank First Quarter 2024 Earnings: In Line With Expectations

M&T Bank Corporation Announces Series H Preferred Stock Quarterly Dividend

Regional Bank Stocks Fall As Earnings Kick Off With PNC, M&T

M&T Bank Corporation (NYSE:MTB) Q1 2024 Earnings Call Transcript

Q1 2024 M&T Bank Corp Earnings Call

M&T Bank Had a Tough Quarter. Why the Stock Is Leading the S&P 500 Today.

M&T Bank (MTB) Q1 Earnings Miss Estimates, Expenses Rise Y/Y

M&T Bank Soars Most in Two Years After Guidance Pushed Higher

M&T Bank (MTB) Reports Q1 Earnings: What Key Metrics Have to Say

M&T Bank forecasts strong 2024 interest income as rate cut bets ease

M&T Bank Corporation (MTB) Lags Q1 Earnings Estimates

M&T Bank profit slumps 25% after interest income fall

M&T Bank Corporation (NYSE:MTB) announces first quarter 2024 results

What's in the Offing for M&T Bank (MTB) in Q1 Earnings?

Analysts Estimate M&T Bank Corporation (MTB) to Report a Decline in Earnings: What to Look Out for

M&T Bank Launches Third Harrisburg Multicultural Small Business Lab

M&T Realty Capital Corporation Provides $414.83 Million for a Multifamily Housing Property in Brooklyn, New York

Performance Overview