|Bid||0.00 x 1300|
|Ask||0.00 x 800|
|Day's Range||166.85 - 169.66|
|52 Week Range||141.12 - 197.37|
|PE Ratio (TTM)||19.07|
|Earnings Date||Jul 18, 2018|
|Forward Dividend & Yield||3.20 (1.85%)|
|1y Target Est||189.77|
The Zacks Analyst Blog Highlights: M&T Bank, Customers Bancorp, Metropolitan Bank Holding and Triumph Bancorp
While banks are gearing up for the Q2 earnings season, the Federal Reserve has given clean bills of health to majority of the large American banks. The financial sector at large posted its biggest one-day advance in over three months, with banks leading the way. Let us, thus, focus on banks that are likely to make the most of the Q2 earnings season.
Lined up for review this morning are four stocks: Fulton Financial Corp. (NASDAQ: FULT), M&T Bank Corp. (NYSE: MTB), Valley National Bancorp (NYSE: VLY), and Webster Financial Corp. (NYSE: WBS). Lancaster, Pennsylvania headquartered Fulton Financial Corp.'s shares finished Friday's session 0.90% lower at $16.50.
BUFFALO, N.Y. , June 28, 2018 /PRNewswire/ -- M&T Bank Corporation ("M&T") (NYSE: MTB) announced today that the Federal Reserve did not object to M&T's revised 2018 Capital Plan and its proposed ...
M&T Bank Corporation (MTB) appears to be a promising bet riding on strong organic growth, inorganic growth routes and long-term prospects.
BUFFALO, N.Y., June 25, 2018 /PRNewswire/ -- M&T Bank Corporation ("M&T") (MTB) plans to announce its second quarter 2018 earnings results in a press release that will be issued before the market opens on Wednesday, July 18, 2018. Following the release, M&T will conduct a conference call and webcast at 10:00 a.m. (ET) to discuss the earnings results. The conference call and webcast may contain forward-looking statements and other material information. Domestic callers wishing to participate in the call may dial toll free (877) 780-2276. International participants, using any applicable international calling codes, may dial (973) 582-2700. Callers should reference M&T Bank Corporation or the conference ID #3553997.
KeyBank, the banking subsidiary of Cleveland-based KeyCorp, consolidated branches in Chester Springs and Downingtown.
BUFFALO, N.Y. , June 21, 2018 /PRNewswire/ -- M&T Bank Corporation ("M&T") (NYSE: MTB) released today the results of its "company-run" 2018 Dodd-Frank Act Stress Test, conducted in ...
Valuing MTB, a bank stock, can be daunting since these financial companies have cash flows that are impacted by regulations that are not imposed upon other industries. For instance, banksRead More...
Kyle Samuel has joined the Buffalo-based company as a senior vice president and president of M&T Insurance Agency Inc.
BUFFALO, N.Y., June 20, 2018 /PRNewswire/ -- Kyle Samuel has joined M&T Bank (MTB) as a Senior Vice President and President of M&T Insurance Agency, Inc. Prior to USI, Samuel was the Managing Director for Wells Fargo Insurance Services and had previously led sales teams for Aon Risk Solutions following his time at Chubb Insurance.
BUFFALO, N.Y., June 19, 2018 /PRNewswire/ -- M&T Bank announced today a series of new and upcoming services for its small business customers, including a new online business loan application, new business credit cards and a new business cash management platform. "As our community's leading bank for businesses, we understand that today's business owners expect more options, more access, more speed and more security.
M&T Bank is once again atop the Business First Mortgage Bankers and Brokers List. It and other lenders are seeing the most activity within Buffalo's city limits.
Moody's Investors Service has assigned a rating of Aa2 to the proposed approximately $201 million of New York State Housing Finance Agency (the "Agency" or "NYS HFA") Affordable Housing Revenue Bonds, 2018 Series F (Climate Bond Certified/Green Bonds), and Affordable Housing Revenue Bonds, 2018 Series G (the "2018 Series F and G Bonds"). Moody's also maintains a Aa2 rating with a stable outlook on all outstanding parity debt issued under the Agency's General Resolution adopted on August 2007 (the "Resolution").
BUFFALO, N.Y. , June 13, 2018 /PRNewswire/ -- Effective Thursday, June 14, 2018 , M&T Bank (NYSE: MTB) will increase its prime lending rate from 4.75% to 5.00%. About M&T Bank M&T Bank Corporation is ...
M&T Bank Corp. doesn't offer quarterly or annual earnings forecasts, following a trend among public companies that choose not to commit themselves to specific earnings numbers.
The uptick in the number of 7(a) loans approved for Western New York small businesses and the dollar volume of those loans follows several months of slowdown.
Several times a day Augie Chiasera walks over to a window at his current office to look across the street at the progress of construction at 1 Light St. Chiasera, president of the Greater Baltimore/Chesapeake region for M&T Bank, is enthusiastic about the bank's move space in the 28-story trophy tower this fall. In the new space, M&T Bank (NYSE: MTB) will have about 615 employees with space to add more.
BUFFALO, N.Y., June 5, 2018 /PRNewswire/ -- M&T Bank Corporation (MTB) has received an "Outstanding" Community Reinvestment Act rating from the Federal Reserve Bank of New York, representing the highest possible rating of how well the bank meets the credit needs of its communities. M&T has earned the highest rating awarded by the Federal Reserve Bank on each of its period CRA exams since 1982, with the 2018 rating reflecting M&T's community development performance through August 31, 2014, and mortgage and small business lending performance through December 31, 2013.
Malvern’s First Priority Financial Corp. is set to be sold to Mid Penn Bank for $82 million; A federal judge signed off on $142M Wells Fargo settlement; PNC will ‘experiment in retail’ with national expansion.