155.35 0.00 (0.00%)
After hours: 5:44PM EST
|Bid||151.50 x 1100|
|Ask||0.00 x 800|
|Day's Range||153.15 - 157.65|
|52 Week Range||153.15 - 197.37|
|Beta (3Y Monthly)||1.02|
|PE Ratio (TTM)||14.14|
|Earnings Date||Jan 16, 2019 - Jan 21, 2019|
|Forward Dividend & Yield||4.00 (2.48%)|
|1y Target Est||188.38|
After several tireless days we have finished crunching the numbers from the more than 700 13F filings issued by the elite hedge funds and other investment firms that we track at Insider Monkey, which disclosed those firms’ equity portfolios as of September 30. The results of that effort will be put on display in this […]
BUFFALO, N.Y., Dec. 6, 2018 /PRNewswire/ -- M&T Bank has appointed Glenn Jackson, Group Vice President, as Chief Diversity Officer of M&T Bank. As Chief Diversity Officer, Jackson will advance efforts to promote diversity, inclusion and belonging for all colleagues across the company. "Diversity enriches our company as well as the communities where we live and work," said Janet Coletti, M&T Bank Executive Vice President for Human Relations.
Competition for deposits continues to be strong in Western New York, where new and longstanding lenders are going head-to-head to win and retain business.
SBA loan activity in Western New York was down in November as lenders approved fewer loans to small businesses.
After signing partnership deals with several community organizations in Brooklyn, M&T Bank Corp. has decided to expand its presence in the borough. The Buffalo, New York-based company (NYSE: MTB) has opened a 1,600-square-foot business banking center. The new locale, based in the Park Slope neighborhood at the corner of Sterling Place and Flatbush Avenue, is to specifically focus on working with more businesses and community organizations that are centric to Brooklyn.
BROOKLYN, N.Y., Dec. 3, 2018 /PRNewswire/ -- M&T Bank has opened a 1600-square-foot Business Banking Center above its Park Slope Branch at the corner of Sterling Place and Flatbush Avenue in Brooklyn. The office will have eight employees, with room to expand the staff to 12, specifically focused on working with businesses and community organizations operating in Brooklyn. "Brooklyn's economy has been expanding rapidly, particularly the number of new businesses forming in Park Slope and the surrounding neighborhoods.
Aside from some movement at the bottom half of the Business First Banks List, this year's version looks a lot like last year's
Nearly one year after the departure of M&T Bank’s head of retail and business banking, the Buffalo-based bank has announced his replacement: Christopher Kay, an executive with experience in customer-center business enhancements. Kay – who has held leadership roles at Humana, Citi and Target – has been named executive vice president and head of consumer banking, business banking and marketing. In a news release, M&T chairman and CEO Rene Jones said Kay “will help lead (the bank’s) efforts to develop innovative products, services, solutions and experiences for customers – and for the employees who serve them – in today’s ever-changing world where needs and demands are evolving rapidly.” Kay comes to M&T from Louisville where he was chief innovation officer at Humana, a health insurance company.
BUFFALO, N.Y., Nov. 20, 2018 /PRNewswire/ -- M&T Bank Corporation ("M&T") (MTB) announced that it has declared a quarterly cash dividend of $1.00 per share on its common stock. The dividend will be payable December 31, 2018 to shareholders of record at the close of business on December 3, 2018. M&T is a financial holding company headquartered in Buffalo, New York. M&T's principal banking subsidiary, M&T Bank, operates banking offices in New York, Maryland, New Jersey, Pennsylvania, Delaware, Connecticut, Virginia, West Virginia and the District of Columbia.
Prior to that, Kay was the Managing Director of Citi Ventures, where he led efforts globally to redesign and scale a new customer experience across the consumer and private banking businesses, including initiatives dealing with payments, digital commerce and more.
The goal of this article is to teach you how to use price to earnings ratios (P/E ratios). To keep it practical, we’ll show how M&T Bank Corporation’s (NYSE:MTB) P/E Read More...
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Craig Pridgen never wanted to be a pastor. But one Saturday eight years ago – just two months after True Bethel Baptist Church opened a Niagara Falls location – he got a phone call.
The number of 7(a) loans approved in October in the SBA's Buffalo District Office fell more than 45 percent compared to the same month in 2017.
There is considerable debate on whether regional banks, which trade at valuations well below average, are a value trap or a screaming bargain. The (KRE) (KRE) gained 0.9% on Wednesday, and it was up 1.1% around midday on Thursday.
The Federal Reserve said on Wednesday it wants to ease regulations for U.S. lenders with less than $700 billion in assets, a way to lessen the burden on big commercial lenders that do not have volatile Wall Street businesses. Under the Fed proposal, midsized lenders including U.S. Bancorp (USB.N), Capital One Financial Corp (COF.N), PNC Financial Corp (PNC.N) and Charles Schwab Corp (SCHW.N) would face lower liquidity and compliance requirements, and smaller banks would get even easier treatment. The proposal stems from a law Congress passed in May that ordered the Fed to reduce regulatory burdens on community and regional lenders.
BUFFALO, N.Y. , Oct. 31, 2018 /PRNewswire/ -- M&T Bank Corporation (NYSE: MTB)("M&T") will participate in the BancAnalysts Association of Boston Conference being held in Boston , MA. Representatives ...
BUFFALO, N.Y., Oct. 30, 2018 /PRNewswire/ -- M&T Bank today announced the five finalists in its first-ever What's Important to You? Starting Monday, Oct. 29, the public will have an opportunity to vote for their favorite of the five finalists on M&T's contest website. The grand prize winner will receive a GoPro® camera to continue capturing life's most important moments and have what's important to them featured in M&T advertising.
The Federal Reserve is raising the federal funds rate, which is supposed to benefit regional banks, but that has not been the case. Conventional wisdom does not work when the banking system has experienced a credit crunch, a zero percent funds rate, three waves of quantitative easing, and now a long and tedious so-called normalization of monetary policy by the Federal Reserve. When the Federal Reserve cut the federal funds rate to 0.00% to 0.25% back in December 2008, banks had a difficult time managing net interest income.
"We thought hard about how to reflect Baltimore in the space," said Augie Chiasera, the bank's president of the Greater Baltimore/Chesapeake region.
Buffalo-based M&T Bank keeps building business in the Boston market, according to chief financial officer Darren King.