Double Moving Average Crossover
|Bid||62.00 x 800|
|Ask||0.00 x 900|
|Day's Range||95.12 - 100.42|
|52 Week Range||85.09 - 174.37|
|Beta (5Y Monthly)||1.23|
|PE Ratio (TTM)||8.11|
|Earnings Date||Jul 23, 2020|
|Forward Dividend & Yield||4.40 (4.38%)|
|Ex-Dividend Date||May 29, 2020|
|1y Target Est||121.17|
Stocks of several regional banks fell by more than 35% in the first half of 2020, according to data provided by S&P Global Market Intelligence. In the first half of March, the Fed cut the target federal funds interest rate twice: a 50 basis point cut on March 3, followed by a 100 basis point cut on March 15.
The S&P; 500 has a valuation above 22 times earnings and yields just 1.9%. These 3 stocks can top the index in both valuation and income Continue reading...
M&T; Bank Corporation ("M&T;") (NYSE: MTB) offered comments today on the 2020 Dodd-Frank Act Stress Test ("DFAST") disclosed by the Board of Governors of the Federal Reserve System ("Federal Reserve").
Moody's Investors Service, ("Moody's") has assigned an A3 long-term issuer rating to Wilmington Trust, National Association ("WTNA"). As part of the same rating action, Moody's has withdrawn the A3 long-term issuer rating and outlook of Wilmington Trust Corporation because of a reorganization.
M&T; Bank announced today that Tracy Woodrow has been named Chief Human Resources Officer (CHRO) and appointed to the company's Management Committee following the decision by Janet Coletti to retire from the bank following a distinguished 35-year career.
The latest 13F reporting period has come and gone, and Insider Monkey is again at the forefront when it comes to making use of this gold mine of data. We at Insider Monkey have plowed through 821 13F filings that hedge funds and well-known value investors are required to file by the SEC. The 13F […]
M&T; Bank Corporation (NYSE: MTB) ("M&T;") announced today the election of Calvin G. Butler, Jr., Chief Executive Officer of Exelon Utilities, to its Board of Directors, effective June 16, 2020. Mr. Butler was also elected to the Board of Directors of M&T; Bank, M&T;'s principal banking subsidiary.
M&T; Bank Corporation ("M&T;") (NYSE:MTB) plans to announce its second quarter 2020 earnings results in a press release that will be issued before the market opens on Thursday, July 23, 2020. Following the release, M&T; will conduct a conference call and webcast at 11:00 a.m. (ET) to discuss the earnings results. The conference call and webcast may contain forward-looking statements and other material information.
In the wake of the death of George Floyd while in the custody of the Minneapolis police, a handful of chiefs decided to take on more of a leadership role.
It's nice to see the M&T Bank Corporation (NYSE:MTB) share price up 18% in a week. But that is minimal compensation...
M&T; Bank Corporation ("M&T;") (NYSE:MTB) announced that it has declared a quarterly cash dividend of $1.10 per share on its common stock. The dividend will be payable June 30, 2020 to shareholders of record at the close of business on June 1, 2020.
M&T; Bank Corporation (NYSE:MTB)("M&T;") will participate in the Deutsche Bank Global Financial Services Conference being held in a virtual format. M&T;'s Chairman and Chief Executive Officer, René Jones, and Chief Financial Officer, Darren King, are scheduled to address investors and analysts on May 27, 2020 at 10:00 a.m. (ET).
M&T; Bank Corporation (NYSE:MTB)("M&T;") will participate in the Wells Fargo Virtual Financial Services Investor Forum. M&T;'s Chairman and CEO, René Jones, and Chief Financial Officer, Darren King, are scheduled to address investors and analysts on May 21, 2020 at 8:35 a.m. (ET).
Digital only bank Dave provides services to customers including budgeting and assisting with building better credit. Dave CEO Jason Wilk joins The Final Round to discuss the company model and what customers are concerned about in regards to COVID-19.
M&T; Bank Corporation ("M&T;") (NYSE: MTB) today announced that to-date 32,273 of its customers have received approval for a total of nearly $7.0 billion in funding through the Paycheck Protection Program (PPP). M&T; has disbursed nearly 100 percent of the approved funding to these companies, which employ more than 718,000 people across the bank's eight-state footprint.
René Jones, the chairman and CEO of M&T Bank, devoted some time to the bank's bottom line during his annual shareholders address Tuesday. First, the “super-regional” bank is coming off a strong year, with twice as much capital now than it had entering the 2008 financial crisis. Tuesday’s speech is a custom started by former bank chairman and CEO Robert Wilmers.
WNEW YORK, NY / ACCESSWIRE / April 20, 2020 / M&T Bank Corp. (NYSE:MTB) will be discussing their earnings results in their 2020 First Quarter Earnings call to be held on April 20, 2020 at 11:00 AM Eastern ...
Shares of M&T Bank (NYSE:MTB) were unchanged in pre-market trading after the company reported Q1 results.Quarterly Results Earnings per share decreased 42.31% year over year to $1.95, which missed the estimate of $2.47.Revenue of $1,506,000,000 lower by 2.90% from the same period last year, which beat the estimate of $1,480,000,000.Guidance Earnings guidance hasn't been issued by the company for now.Revenue guidance hasn't been issued by the company for now.Conference Call Details Date: Apr 20, 2020View more earnings on MTBTime: 09:01 AM ETWebcast URL: https://edge.media-server.com/mmc/p/9a8mtz8cRecent Stock Performance 52-week high: $174.9352-week low: $87.64Price action over last quarter: down 38.49%Company Profile M&T Bank is one of the largest regional banks in the United States, with branches in New York, Pennsylvania, West Virginia, Virginia, Maryland, Delaware, and New Jersey. The bank was founded to serve manufacturing and trading businesses around the Erie Canal.See more from Benzinga * Recap: Lennox International Q1 Earnings * Recap: Halliburton Q1 Earnings * Recap: Ally Financial Q1 Earnings(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
D.C., Maryland and Virginia businesses collectively received about 5% of the total loan dollars greenlit by the Small Business Administration through its wildly sought-after Paycheck Protection Program, which ran out of funds in fewer than two weeks after it debuted.
M&T Bank received so much demand for small business relief loans that its regional president in Maryland helped out with reviewing applications. The Buffalo, New York-based bank received approval for 27,711 applications totaling $6.4 billion for loans through the federal government's Paycheck Protection Program. Greater Baltimore's biggest SBA lender received approval for 6,600 applications totaling $1.3 billion for loans to small businesses in the region.
René Jones says M&T; Bank committed 2,000 bank employees who typically do other jobs to help clients gain access to the Paycheck Protection Program.
Unfortunately for some shareholders, the M&T Bank (NYSE:MTB) share price has dived 18% in the last thirty days. Indeed...