193.51 0.00 (0.00%)
After hours: 5:00PM EST
|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||189.99 - 193.68|
|52 Week Range||141.12 - 196.64|
|PE Ratio (TTM)||22.24|
|Earnings Date||Apr 16, 2018 - Apr 20, 2018|
|Forward Dividend & Yield||3.00 (1.56%)|
|1y Target Est||191.14|
BUFFALO, N.Y., Feb. 21, 2018 /PRNewswire/ -- M&T Bank Corporation ("M&T") (MTB) announced that it has declared a quarterly cash dividend of $.75 per share on its common stock. The dividend will be payable March 30, 2018 to shareholders of record at the close of business on March 5, 2018. On February 21, 2018, M&T's Board of Directors authorized an additional stock repurchase program to repurchase up to $745 million of shares of common stock, $0.50 par value per share, on the open market or in privately negotiated transactions, by June 30, 2018. This amount is in addition to the previously announced $900 million of common stock authorized for repurchase by M&T's Board of Directors under M&T's 2017 Capital Plan. The exact number of shares, timing for such purchases, and the price and terms at and on which such purchases are to be made will be at the discretion of M&T and will comply with all applicable regulatory limitations, including those set forth in M&T's 2017 Capital Plan.
By Peter Kenny, chief market strategist for Global Markets Advisory Group and owner of KennysCommentary.com U.S. equity markets post best weekly gain since 2013 a week after posting the worst weekly performance in two years. U.S. dollar finally reverses higher last week after trading to a three year low CBOE Volatility Index (^VIX) drops 49.3% from its Feb. 6th high of 38.33 January’s NFIB report ticks higher (again) to 106.9 from December’s 104.9 After falling 10.5% from recent highs, WTI crude firms and trades to $61. ...
M&T Bank (MTB) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
BUFFALO, N.Y. , Feb. 12, 2018 /PRNewswire/ -- M&T Bank has been recognized once again for providing exceptional service quality to businesses. In its recently released survey results, Greenwich Associates ...
BUFFALO, N.Y., Feb. 6, 2018 /PRNewswire/ -- M&T Bank and the Federal Home Loan Bank of New York announced today the awarding of $11.5 million in grants to community-based organizations in nine different cities through the FHLB-NY's Affordable Housing Program. Organizations seeking funding through the FHLB's Affordable Housing Program must submit an application sponsored by one of the FHLB-NY member banks.
This could indicate that investors who seek to profit from falling equity prices are not currently targeting MTB. Over the last month, growth of ETFs holding MTB is favorable, with net inflows of $14.98 billion. This is among the highest net inflows seen over the last one-year and the rate of additional inflows appears to be increasing.
In a brief statement, Paychex (PAYX) said the report, which was posted Jan. 20 in a publication called the Buffalo Chronicle, is false. Anything of this nature would go through official Paychex channels as part of a comprehensive process that includes thorough review and consideration by the Paychex Board of Directors," the company said. Paychex provides payroll, human resources and benefits outsourcing services for half a million small to medium-sized businesses throughout the United States.
NEW YORK, Jan. 23, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Leidos ...
BUFFALO, N.Y. , Jan. 18, 2018 /PRNewswire/ -- M&T Bank Corporation ("M&T") (NYSE: MTB) announced that it has declared quarterly cash dividends of $15.9375 per share on each of its Series A (NYSE: ...
M&T Bank Corp. in Buffalo plans to spend $25 million to increase the minimum wage it pays to hourly workers. The new wages – which range from $14 to $16 per hour, based on geography – will begin to take effect in February and benefit approximately one-third of M&T’s workforce, or roughly 5,600 employees. In addition, the bank will give every employee 40 hours of paid time off to volunteer or participate in employer resource group activities of their choice.
M&T Bank (MTB) came out with adjusted earnings per share of $2.66 that surpassed the Zacks Consensus Estimate of $2.40 on higher revenues.
BUFFALO, N.Y. , Jan. 18, 2018 /PRNewswire/ -- M&T Bank Corporation ("M&T") (NYSE: MTB) today reported its results of operations for 2017. GAAP Results of Operations . Diluted earnings per common ...
BUFFALO, N.Y., Jan. 17, 2018 /PRNewswire/ -- M&T Bank Corporation (MTB) ("M&T") today announced a series of investments to perpetuate its legacy of support for its employees and the communities the bank serves. M&T is making these investments in anticipation of the improvement in after-tax income it expects to recognize as a result of federal tax reform. The company will increase wages for hourly paid employees.
M&T Bank Corporation (MTB) is seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat.