에 대한 최신 뉴스 M&T Bank (NYSE:MTB) 주식

M&T Bank

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 and is primarily focused on commercial real estate and commercial-related lending, with some retail operations also present.

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미국 은행들의 3분기 실적 발표 시즌이 이번 금요일에 공식적으로 시작된다. JP모건 체이스(NYSE:JPM), 웰스 파고(NYSE:WFC) 및 뉴욕 멜론 은행(NYSE:BK)과 같은 주요 금융 기관들이 실적을 발표할 예정이다.

美 은행들, 실적 시즌 준비: 씨티그룹, 모건 스탠리, 트루이스트 등 15개의 주식 추천

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미국 은행들이 3분기 실적을 발표할 준비를 하면서, 투자자들은 경제의 연착륙 가능성, 연방준비제도(연준)의 금리 인하, 그리고 이들이 은행 가치 평가에 미치는 영향에 주목하고 있다.

미국 은행 실적 미리보기: 연착륙 희망, 금리 인하, 주가의 주요 촉매제

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미국 주식 선물은 월요일 오전 높은 상승을 기록하는 가운데, 오늘 투자자들의 관심을 집중시킬 주식은 다음과 같다: 월스트리트는 골드만삭스 그룹(NYSE:GS)이 주당 8.56달러의 분기 이익을 발표할 것으로 예상하고 있으며, 이는 전년 동기의 주당 8.79달러에서 감소한 수치이다. Benzinga Pro의 데이터에 따르면 이 투자 은행은 전년 동기의 122억 2천만 달러에 비해 분기별 매출을 129억 2천만 달러로 보고할 것으로 예상된다. 골드만삭스 주가는 시간외 거래에서 1.15% 하락한 385.00달러를 기록했다.

골드만삭스, 찰스 슈왑, 그리고 월요일에 주목해야 할 3가지 주식

M&T Bank Corp

Simplify Exchange Traded Funds Simplify MBS ETF

Moatable Inc

MOUNT BURGESS MINING NL by Mount Burgess Mining N.L.

Mount Burgess Mining NL

M&T Bank Corporation Perpetual Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series H

M&T Bank Corporation Depositary Shares each representing a 1/400th ownership interest in a share of Perpetual 7.500% Non-Cumulative Preferred Stock, Series J

Evercore ISI Group analyst John Pancari maintains M&amp;T Bank (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MTB#NYSE">MTB</a>) with a Outperform and raises the price target from $210 to $232.

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Evercore ISI Group Maintains Outperform on M&T Bank, Raises Price Target to $232

In the current market session, M&amp;T Bank Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MTB#NYSE">MTB</a>) stock price is at $196.73, after a 0.25% drop. However, over the past month, the company's stock went up by 13.90%, and in the past year, by 75.45%. Shareholders might be interested in knowing whether the stock is overvalued, even if the company is not performing up to par in the current session. 

<img src="https://www.benzinga.com/files/images/story/2024/1730218938_0.png" alt="Past Year Chart" />

<h3>Evaluating M&amp;T Bank P/E in Comparison to Its Peers</h3>
The P/E ratio measures the current share price to the company's EPS. It is used by long-term investors to analyze the company's current performance against it's past earnings, historical data and aggregate market data for the industry or the indices, such as S&amp;P 500. A higher P/E indicates that investors expect the company to perform better in the future, and the stock is probably overvalued, but not necessarily. It also could indicate that investors are willing to pay a higher share price currently, because they expect the company to perform better in the upcoming quarters. This leads investors to also remain optimistic about rising dividends in the future. 
M&amp;T Bank has a lower P/E than the aggregate P/E of 19.11 of the Banks industry. Ideally, one might believe that the stock might perform worse than its peers, but it's also probable that the stock is undervalued. 

<img src="https://www.benzinga.com/files/images/story/2024/1730218938_1.png" alt="Guage" />

In conclusion, the price-to-earnings ratio is a useful metric for analyzing a company's market performance, but it has its limitations. While a lower P/E can indicate that a company is undervalued, it can also suggest that shareholders do not expect future growth. Additionally, the P/E ratio should not be used in isolation, as other factors such as industry trends and business cycles can also impact a company's stock price. Therefore, investors should use the P/E ratio in conjunction with other financial metrics and qualitative analysis to make informed investment decisions.

Intraday Update

P/E Ratio Insights for M&T Bank

While apprehensiveness ahead of the third-quarter earnings season permeated the air, the U.S. regional banking sector has proven doubters wrong, at least according to JPMorgan Chase analyst Anthony Elian. With small-to-middle-capitalization banks<a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/10/41494450/3-regional-bank-stock-picks-from-jpmorgan-analyst-encouraged-after-solid-q3"> posting better-than-expected financial results</a>, the underlying ecosystem stands poised for potentially sustained growth.
As the one-week mark of the Q3 earnings season passed, seven of the regional banks which JPMorgan covers disclosed their results, with five of them beating analysts' bottom-line expectations. As Benzinga's Piero Cingari mentioned, the "primary driver behind these beats was stronger-than-expected net interest margins (NIM) and net interest income (NII)."
What's more, several key metrics for U.S. banks boded well for the broader economy. "Average deposits increased at a 7% annualized rate, while average loans grew by 2% annually. On a period-end basis, deposits rose at an even stronger 11% annualized pace, and loans increased by 3% annually. Importantly, NII expanded at a robust 12% annualized rate," wrote Cingari.
To be fair, not every element fared well. In particular, a few banks reported a lift in non-performing assets (NPA) due to headwinds associated with office loans. However, the space has improved considerably from the lows of last year's<a href="https://www.benzinga.com/markets/equities/24/05/39099474/regional-banks-yet-to-recover-from-svb-collapse-time-to-invest-in-the-top-banking-etf"> regional banking crisis</a>. In addition, experts point to the sector still<a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/02/36917031/exclusive-regional-banks-a-buying-opportunity-amid-ridiculously-cheap-valuations-ve"> trading below historical valuations</a>.
The DPST ETF: For bold investors wanting to speculate on the long side of the regional banking narrative, financial services specialist Direxion offers a risky but compelling leveraged exchange-traded fund. The Direxion Daily Regional Banks Bull 3X Shares (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DPST#NYSE">DPST</a>) seeks daily investment results equivalent to 300% of the performance of the S&amp;P Regional Banks Select Industry Index.
Primarily, the DPST ETF brings to the table leverage in a convenient format. While traders can use options for leveraged transactions, such strategies can be complicated. With this 3X fund, investors can pick up individual units much like regular stocks. Moreover, the Daily Regional Banks Bull 3X Shares covers a wide range of individual banks, such as Regions Financial Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RF#NYSE">RF</a>) and M&amp;T Bank Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MTB#NYSE">MTB</a>).
It's important to note, though, that DPST is wildly choppy. In addition, it's critical that investors do not hold leveraged ETFs for periods lasting longer than one day. Otherwise, the daily compounding of volatility could lead to gradual value erosion.
The DPST Chart: Although the DPST fund got off to a rocky start this year, it found its footing in the back half, gaining almost 70% in the trailing six months.
<ul>
<li>The 3X ETF popped over 8% in late-afternoon trading Monday, buoyed by the Dow Jones and improved sentiment for the economy.</li>
<li>Since approximately mid-June, DPST has been charting a series of higher lows, further underscoring the net-positive fundamental outlook.</li>
<li>However, traders should keep an eye on volume levels, which generally have been fading since July.</li>
</ul>
<figure class="wp-block-image"><img decoding="async" src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXfax9QIuAnJeR6FDaGDy1o39Uwwr70BtfW9JY0HToGpKUfc0iX_HB_TBKWB8Yf4OTSQa1aAs4G8L5_Y9SR7-NvCYFve93z3b5bArk0z0ti12t-ypNmyhcWJnRAYYBhgG_DHhKo0Wzjqu78HD7O1TvZvE7P7?key=_p7Ix0Tn6650WG8EUVdh8g" alt="" /></figure>
Featured photo by <a href="https://pixabay.com/users/quincecreative-1031690/?utm_source=link-attribution&amp;utm_medium=referral&amp;utm_campaign=image&amp;utm_content=2889042">3D Animation Production Company</a> from <a href="https://pixabay.com/es/illustrations/hucha-dinero-finanzas-bancario-2889042/">Pixabay</a>.

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Regional Banking Boom Shines Spotlight On Direxion's 3X DPST Fund

Across the recent three months, 12 analysts have shared their insights on M&amp;T Bank (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MTB#NYSE">MTB</a>), expressing a variety of opinions spanning from bullish to bearish.
The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th align="right">Bullish</th>
<th align="right">Somewhat Bullish</th>
<th align="right">Indifferent</th>
<th align="right">Somewhat Bearish</th>
<th align="right">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td align="right">1</td>
<td align="right">6</td>
<td align="right">3</td>
<td align="right">2</td>
<td align="right">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td align="right">1</td>
<td align="right">4</td>
<td align="right">2</td>
<td align="right">1</td>
<td align="right">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
</tr>
</tbody>
</table>
Analysts have set 12-month price targets for M&amp;T Bank, revealing an average target of $208.08, a high estimate of $228.00, and a low estimate of $165.00. This current average reflects an increase of 12.31% from the previous average price target of $185.27. 
<img src="https://www.benzinga.com/files/images/story/2024/1729526424_0.png" alt="price target chart" />
<h2>Investigating Analyst Ratings: An Elaborate Study</h2>
A clear picture of M&amp;T Bank's perception among financial experts is painted with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Peter Winter</td>
<td>DA Davidson</td>
<td>Raises</td>
<td>Neutral</td>
<td>$207.00</td>
<td>$192.00</td>
</tr>
<tr>
<td>Mike Mayo</td>
<td>Wells Fargo</td>
<td>Raises</td>
<td>Underweight</td>
<td>$190.00</td>
<td>$165.00</td>
</tr>
<tr>
<td>Ebrahim Poonawala</td>
<td>B of A Securities</td>
<td>Raises</td>
<td>Buy</td>
<td>$218.00</td>
<td>$188.00</td>
</tr>
<tr>
<td>Ryan Nash</td>
<td>Goldman Sachs</td>
<td>Raises</td>
<td>Neutral</td>
<td>$216.00</td>
<td>$190.00</td>
</tr>
<tr>
<td>Jason Goldberg</td>
<td>Barclays</td>
<td>Raises</td>
<td>Equal-Weight</td>
<td>$228.00</td>
<td>$170.00</td>
</tr>
<tr>
<td>Gerard Cassidy</td>
<td>RBC Capital</td>
<td>Raises</td>
<td>Outperform</td>
<td>$208.00</td>
<td>$190.00</td>
</tr>
<tr>
<td>Bill Carcache</td>
<td>Wolfe Research</td>
<td>Announces</td>
<td>Outperform</td>
<td>$210.00</td>
<td>-</td>
</tr>
<tr>
<td>John Pancari</td>
<td>Evercore ISI Group</td>
<td>Raises</td>
<td>Outperform</td>
<td>$210.00</td>
<td>$187.00</td>
</tr>
<tr>
<td>David Chiaverini</td>
<td>Wedbush</td>
<td>Raises</td>
<td>Outperform</td>
<td>$210.00</td>
<td>$208.00</td>
</tr>
<tr>
<td>Steven Alexopoulos</td>
<td>JP Morgan</td>
<td>Raises</td>
<td>Overweight</td>
<td>$215.00</td>
<td>$183.00</td>
</tr>
<tr>
<td>Mike Mayo</td>
<td>Wells Fargo</td>
<td>Lowers</td>
<td>Underweight</td>
<td>$165.00</td>
<td>$170.00</td>
</tr>
<tr>
<td>Manan Gosalia</td>
<td>Morgan Stanley</td>
<td>Raises</td>
<td>Overweight</td>
<td>$220.00</td>
<td>$195.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to M&amp;T Bank. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Providing a comprehensive analysis, analysts offer qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of M&amp;T Bank compared to the broader market.</li>
<li>Price Targets: Analysts set price targets as an estimate of a stock's future value. Comparing the current and prior price targets provides insight into how analysts' expectations have changed over time. This information can be valuable for investors seeking to understand consensus views on the stock's potential future performance.</li>
</ul>
Analyzing these analyst evaluations alongside relevant financial metrics can provide a comprehensive view of M&amp;T Bank's market position. Stay informed and make data-driven decisions with the assistance of our Ratings Table.
<a href="https://www.benzinga.com/quote/MTB/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on M&amp;T Bank analyst ratings.</a>
<h2>Discovering M&amp;T Bank: A Closer Look</h2>
M&amp;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 and is primarily focused on commercial real estate and commercial-related lending, with some retail operations also present.
<h3>M&amp;T Bank's Economic Impact: An Analysis</h3>
Market Capitalization: Surpassing industry standards, the company's market capitalization asserts its dominance in terms of size, suggesting a robust market position.
Revenue Growth: M&amp;T Bank's remarkable performance in 3 months is evident. As of 30 September, 2024, the company achieved an impressive revenue growth rate of 1.3%. This signifies a substantial increase in the company's top-line earnings. When compared to others in the Financials sector, the company faces challenges, achieving a growth rate lower than the average among peers.
Net Margin: The company's net margin is below industry benchmarks, signaling potential difficulties in achieving strong profitability. With a net margin of 28.9%, the company may need to address challenges in effective cost control.
Return on Equity (ROE): M&amp;T Bank's ROE falls below industry averages, indicating challenges in efficiently using equity capital. With an ROE of 2.58%, the company may face hurdles in generating optimal returns for shareholders.
Return on Assets (ROA): M&amp;T Bank's ROA stands out, surpassing industry averages. With an impressive ROA of 0.32%, the company demonstrates effective utilization of assets and strong financial performance.
Debt Management: With a high debt-to-equity ratio of 0.54, M&amp;T Bank faces challenges in effectively managing its debt levels, indicating potential financial strain.
<h2>The Core of Analyst Ratings: What Every Investor Should Know</h2>
Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter. 
In addition to their assessments, some analysts extend their insights by offering predictions for key metrics such as earnings, revenue, and growth estimates. This supplementary information provides further guidance for traders. It is crucial to recognize that, despite their specialization, analysts are human and can only provide forecasts based on their beliefs.
Which Stocks Are Analysts Recommending Now?
Benzinga Edge gives you instant access to all major analyst upgrades, downgrades, and price targets. Sort by accuracy, upside potential, and more. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=be8be9arja3be22bz21&amp;utm_source=benzinga-insights">Click here to stay ahead of the market</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

A Glimpse Into The Expert Outlook On M&T Bank Through 12 Analysts

DA Davidson analyst Peter Winter maintains M&amp;T Bank (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MTB#NYSE">MTB</a>) with a Neutral and raises the price target from $192 to $207.

DA Davidson Maintains Neutral on M&T Bank, Raises Price Target to $207

In the preceding three months, 14 analysts have released ratings for M&amp;T Bank (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MTB#NYSE">MTB</a>), presenting a wide array of perspectives from bullish to bearish.
In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">7</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
Analysts have set 12-month price targets for M&amp;T Bank, revealing an average target of $203.64, a high estimate of $228.00, and a low estimate of $165.00. This upward trend is evident, with the current average reflecting a 12.65% increase from the previous average price target of $180.77.
<img src="https://www.benzinga.com/files/images/story/2024/1729285217_0.png" alt="price target chart" />
<h2>Exploring Analyst Ratings: An In-Depth Overview</h2>
The analysis of recent analyst actions sheds light on the perception of M&amp;T Bank by financial experts. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Mike Mayo</td>
<td>Wells Fargo</td>
<td>Raises</td>
<td>Underweight</td>
<td>$190.00</td>
<td>$165.00</td>
</tr>
<tr>
<td>Ebrahim Poonawala</td>
<td>B of A Securities</td>
<td>Raises</td>
<td>Buy</td>
<td>$218.00</td>
<td>$188.00</td>
</tr>
<tr>
<td>Ryan Nash</td>
<td>Goldman Sachs</td>
<td>Raises</td>
<td>Neutral</td>
<td>$216.00</td>
<td>$190.00</td>
</tr>
<tr>
<td>Jason Goldberg</td>
<td>Barclays</td>
<td>Raises</td>
<td>Equal-Weight</td>
<td>$228.00</td>
<td>$170.00</td>
</tr>
<tr>
<td>Gerard Cassidy</td>
<td>RBC Capital</td>
<td>Raises</td>
<td>Outperform</td>
<td>$208.00</td>
<td>$190.00</td>
</tr>
<tr>
<td>Bill Carcache</td>
<td>Wolfe Research</td>
<td>Announces</td>
<td>Outperform</td>
<td>$210.00</td>
<td>-</td>
</tr>
<tr>
<td>John Pancari</td>
<td>Evercore ISI Group</td>
<td>Raises</td>
<td>Outperform</td>
<td>$210.00</td>
<td>$187.00</td>
</tr>
<tr>
<td>David Chiaverini</td>
<td>Wedbush</td>
<td>Raises</td>
<td>Outperform</td>
<td>$210.00</td>
<td>$208.00</td>
</tr>
<tr>
<td>Steven Alexopoulos</td>
<td>JP Morgan</td>
<td>Raises</td>
<td>Overweight</td>
<td>$215.00</td>
<td>$183.00</td>
</tr>
<tr>
<td>Mike Mayo</td>
<td>Wells Fargo</td>
<td>Lowers</td>
<td>Underweight</td>
<td>$165.00</td>
<td>$170.00</td>
</tr>
<tr>
<td>Manan Gosalia</td>
<td>Morgan Stanley</td>
<td>Raises</td>
<td>Overweight</td>
<td>$220.00</td>
<td>$195.00</td>
</tr>
<tr>
<td>Steven Alexopoulos</td>
<td>JP Morgan</td>
<td>Raises</td>
<td>Neutral</td>
<td>$183.00</td>
<td>$180.00</td>
</tr>
<tr>
<td>Ebrahim Poonawala</td>
<td>B of A Securities</td>
<td>Raises</td>
<td>Buy</td>
<td>$188.00</td>
<td>$160.00</td>
</tr>
<tr>
<td>Frank Schiraldi</td>
<td>Piper Sandler</td>
<td>Raises</td>
<td>Overweight</td>
<td>$190.00</td>
<td>$164.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to M&amp;T Bank. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Offering insights into predictions, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of M&amp;T Bank compared to the broader market.</li>
<li>Price Targets: Analysts predict movements in price targets, offering estimates for M&amp;T Bank's future value. Examining the current and prior targets offers insights into analysts' evolving expectations.</li>
</ul>
To gain a panoramic view of M&amp;T Bank's market performance, explore these analyst evaluations alongside essential financial indicators. Stay informed and make judicious decisions using our Ratings Table.
<a href="https://www.benzinga.com/quote/MTB/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on M&amp;T Bank analyst ratings.</a>
<h2>Get to Know M&amp;T Bank Better</h2>
M&amp;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 and is primarily focused on commercial real estate and commercial-related lending, with some retail operations also present.
<h3>Financial Insights: M&amp;T Bank</h3>
Market Capitalization Analysis: Above industry benchmarks, the company's market capitalization emphasizes a noteworthy size, indicative of a strong market presence.
Revenue Growth: M&amp;T Bank's remarkable performance in 3 months is evident. As of 30 September, 2024, the company achieved an impressive revenue growth rate of 1.3%. This signifies a substantial increase in the company's top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Financials sector.
Net Margin: M&amp;T Bank's net margin is below industry standards, pointing towards difficulties in achieving strong profitability. With a net margin of 28.9%, the company may encounter challenges in effective cost control.
Return on Equity (ROE): The company's ROE is below industry benchmarks, signaling potential difficulties in efficiently using equity capital. With an ROE of 2.58%, the company may need to address challenges in generating satisfactory returns for shareholders.
Return on Assets (ROA): M&amp;T Bank's ROA stands out, surpassing industry averages. With an impressive ROA of 0.32%, the company demonstrates effective utilization of assets and strong financial performance.
Debt Management: M&amp;T Bank's debt-to-equity ratio is notably higher than the industry average. With a ratio of 0.54, the company relies more heavily on borrowed funds, indicating a higher level of financial risk.
<h2>The Significance of Analyst Ratings Explained</h2>
Ratings come from analysts, or specialists within banking and financial systems that report for specific stocks or defined sectors (typically once per quarter for each stock). Analysts usually derive their information from company conference calls and meetings, financial statements, and conversations with important insiders to reach their decisions.
Analysts may supplement their ratings with predictions for metrics like growth estimates, earnings, and revenue, offering investors a more comprehensive outlook. However, investors should be mindful that analysts, like any human, can have subjective perspectives influencing their forecasts.
Which Stocks Are Analysts Recommending Now?
Benzinga Edge gives you instant access to all major analyst upgrades, downgrades, and price targets. Sort by accuracy, upside potential, and more. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=be8be9arja3be22bz21&amp;utm_source=benzinga-insights">Click here to stay ahead of the market</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

M&T Bank Stock: A Deep Dive Into Analyst Perspectives (14 Ratings)

Wells Fargo analyst Mike Mayo maintains M&amp;T Bank (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MTB#NYSE">MTB</a>) with a Underweight and raises the price target from $165 to $190.

Wells Fargo Maintains Underweight on M&T Bank, Raises Price Target to $190

B of A Securities analyst Ebrahim Poonawala maintains M&amp;T Bank (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MTB#NYSE">MTB</a>) with a Buy and raises the price target from $188 to $218.

B of A Securities Maintains Buy on M&T Bank, Raises Price Target to $218

M&amp;T Bank Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MTB#NYSE">MTB</a>) reported better-than-expected third-quarter <a href="https://www.benzinga.com/quote/MTB/earnings">financial results on Thursday</a>.
M&amp;T Bank reported quarterly earnings of $4.08 per share which beat the analyst consensus estimate of $3.64 per share. The company reported quarterly sales of $2.332 billion which beat the analyst consensus estimate of $2.318 billion.
M&amp;T&#8217;s Chief Financial Officer said, &#8220;M&amp;T&#8217;s positive earnings momentum, strong capital position and unyielding focus on delivering for our customers and the communities we serve have positioned the franchise for a strong finish to 2024. I am proud of how our employees have exhibited our core values as we execute on our strategic priorities.&#8221;
M&amp;T Bank shares fell 0.5% to trade at $197.98 on Friday.
These analysts made changes to their price targets on M&amp;T Bank following earnings announcement.
<ul>
<li><a href="https://www.benzinga.com/analyst-stock-ratings/analyst/5e2085217da4190001b418fa/gerard-cassidy">RBC Capital analyst Gerard Cassidy</a> maintained M&amp;T Bank with an Outperform and raised the price target from $190 to $208.</li>
<li>Barclays analyst Jason Goldberg maintained the stock with an Equal-Weight and raised the price target from $170 to $228.</li>
<li>Goldman Sachs analyst Ryan Nash maintained M&amp;T Bank with a Neutral and raised the price target from $190 to $216.</li>
</ul>
Considering buying MTB stock? Here&#8217;s what analysts think: 
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</ul>

M&T Bank Analysts Boost Their Forecasts After Upbeat Earnings

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our <a href="https://www.benzinga.com/analyst-stock-ratings">analyst ratings page</a>.
<ul>
<li>TD Cowen raised Blackstone Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BX#NYSE">BX</a>) price target from $133 to $149. TD Cowen analyst Bill Katz maintained a Hold rating. Blackstone shares closed at $169.73 on Thursday. <a href="https://www.benzinga.com/quote/bx/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>JP Morgan boosted the price target for Molson Coors Beverage Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TAP#NYSE">TAP</a>) from $57 to $60. JP Morgan analyst Andrea Teixeira maintained a Neutral rating. Molson Coors Beverage shares closed at $56.05 on Thursday. <a href="https://www.benzinga.com/quote/tap/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Barclays raised the price target for Webster Financial Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WBS#NYSE">WBS</a>) from $60 to $63. Barclays analyst Jared Shaw maintained an Overweight rating. Webster Financial shares closed at $54.25 on Thursday. <a href="https://www.benzinga.com/quote/wbs/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Goldman Sachs raised M&amp;T Bank Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MTB#NYSE">MTB</a>) price target from $190 to $216. Goldman Sachs analyst Ryan Nash maintained a Neutral rating. M&amp;T Bank shares settled at $198.87 on Thursday. <a href="https://www.benzinga.com/quote/mtb/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>BMO Capital cut ManpowerGroup Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MAN#NYSE">MAN</a>) price target from $87 to $71. BMO Capital analyst Jeffrey Silber maintained a Market Perform rating. Synchrony Financial shares closed at $67.05 on Thursday. <a href="https://www.benzinga.com/quote/man/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Piper Sandler cut Great Southern Bancorp, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GSBC#NASDAQ">GSBC</a>) price target from $64 to $62. Piper Sandler analyst Andrew Liesch maintained a Neutral rating. Great Southern Bancorp shares closed at $58.64 on Thursday. <a href="https://www.benzinga.com/quote/gsbc/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Canaccord Genuity raised the price target for BlackBerry Limited (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BB#NYSE">BB</a>) from $2.7 to $2.8. Canaccord Genuity analyst Kingsley Crane maintained a Hold rating. BlackBerry shares settled at $2.58 on Thursday. <a href="https://www.benzinga.com/quote/bb/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Bernstein raised Netflix, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NFLX#NASDAQ">NFLX</a>) price target from $625 to $780. Bernstein analyst Laurent Yoon maintained a Market Perform rating. Netflix shares closed at $687.65 on Thursday. <a href="https://www.benzinga.com/quote/nflx/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>UBS increased the price target for Uber Technologies, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UBER#NYSE">UBER</a>) from $102 to $114. UBS analyst Lloyd Walmsley maintained a Buy rating. Uber shares closed at $79.90 on Thursday. <a href="https://www.benzinga.com/quote/uber/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>B of A Securities raised NVIDIA Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) price target from $165 to $190. B of A Securities analyst Vivek Arya maintained a Buy rating. NVIDIA shares closed at $136.93 on Thursday. <a href="https://www.benzinga.com/quote/nvda/analyst-ratings">See how other analysts view this stock</a>.</li>
</ul>
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</ul>

GSBC

NFLX

NVDA

UBER

NVIDIA To Rally Around 39%? Here Are 10 Top Analyst Forecasts For Friday

Goldman Sachs analyst Ryan Nash maintains M&amp;T Bank (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MTB#NYSE">MTB</a>) with a Neutral and raises the price target from $190 to $216.

Goldman Sachs Maintains Neutral on M&T Bank, Raises Price Target to $216

Barclays analyst Jason Goldberg maintains M&amp;T Bank (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MTB#NYSE">MTB</a>) with a Equal-Weight and raises the price target from $170 to $228.

Barclays Maintains Equal-Weight on M&T Bank, Raises Price Target to $228

RBC Capital analyst Gerard Cassidy maintains M&amp;T Bank (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MTB#NYSE">MTB</a>) with a Outperform and raises the price target from $190 to $208.

RBC Capital Maintains Outperform on M&T Bank, Raises Price Target to $208

A semiconductor rally pushed the S&amp;P 500 to new all-time highs on Thursday, with strong earnings from Taiwan Semiconductor Manufacturing Co. Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TSM#NYSE">TSM</a>) boosting tech sentiment after a weak report from ASML Holding N.V. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ASML#NASDAQ">ASML</a>) <a href="https://www.benzinga.com/trading-ideas/technicals/24/10/41383732/stock-of-the-day-taiwan-semiconductor-breaks-out-as-buyers-push-prices-higher">earlier in the week.</a>
The iShares Semiconductor ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SOXX#NASDAQ">SOXX</a>) jumped 2.3%, leading sector gains. NVIDIA Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) hit fresh record highs, reaching $141 per share during the morning session.
The Nasdaq 100 outperformed major indices, while small caps underperformed as the Russell 2000 faced resistance at a key technical level. The Dow briefly touched a record high of 43,289 points before pulling back slightly.
On the macro front, September retail sales exceeded expectations, and jobless claims fell last week, reinforcing views of strong economic resilience. However, this also slightly hit hopes for Fed rate cuts as economists voiced doubts about the <a href="https://www.benzinga.com/economics/macro-economic-events/24/10/41386234/strong-september-retail-sales-put-feds-next-move-in-doubt-interest-rate-cuts-are-">need for further easing in November.</a>
The U.S. dollar strengthened, with the dollar index (DXY) climbing to levels last seen in early August. The euro fell 0.4% as the European Central Bank cut interest rates amid weak economic data and ongoing disinflation.
Gold prices, tracked by the SPDR Gold Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GLD#NYSE">GLD</a>), rose 0.5%, setting new records despite rising Treasury yields. The 10-year Treasury yield gained 8 basis points to 4.10%, while the iShares 20+ Year Treasury Bond ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TLT#NASDAQ">TLT</a>) slid 1.6%, marking its worst session since early August.
Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) eased 0.4%, taking a breather after four consecutive sessions of gains.
<h1 class="wp-block-heading">Thursday&#8217;s Performance In Major U.S. Indices, ETFs</h1>
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Major Indices</td>
<td>Price</td>
<td>1-day % change</td>
</tr>
<tr>
<td>Nasdaq 100</td>
<td>20,304.26</td>
<td>0.6%</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>5,865.46</td>
<td>0.4%</td>
</tr>
<tr>
<td>Dow Jones</td>
<td>43,231.61</td>
<td>0.4%</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>2,279.25</td>
<td>-0.3%</td>
</tr>
</tbody>
</table>
<figcaption class="wp-element-caption">Updated at 12:50 p.m. ET</figcaption></figure>
According to <a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent101724&amp;t=be2bearmibe3na1">Benzinga Pro</a> data:
<ul>
<li>The&nbsp;SPDR S&amp;P 500 ETF Trust&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) rose 0.4% to $584.45.</li>
<li>The&nbsp;SPDR Dow Jones Industrial Average&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIA#NYSE">DIA</a>)&nbsp;inched 0.4% higher to $432.52.</li>
<li>The tech-heavy Invesco QQQ Trust Series (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>) soared 0.7% to $494.15.</li>
<li>The iShares Russell 2000 ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IWM#NYSE">IWM</a>) fell 0.4% to $226.02.</li>
<li>The Technology Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLK#NYSE">XLK</a>) outperformed, up 1%. The Consumer Staples Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLP#NYSE">XLP</a>) lagged, down 0.5%.</li>
</ul>
<h1 class="wp-block-heading">Thursday&#8217;s Stock Movers</h1>
<ul>
<li>Semiconductor stocks rallying Thursday on the heels of strong TSM earnings were Broadcom Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>), up 4%; Lattice Semiconductor Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LSCC#NASDAQ">LSCC</a>), up 4%; Micron Technology Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MU#NASDAQ">MU</a>), up 3.6% and Arm Holdings plc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ARM#NASDAQ">ARM</a>), up 3.1%.</li>
<li>Blackstone Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BX#NYSE">BX</a>) soared over 7% to fresh record highs after a strong quarterly report. </li>
<li>Other stocks reacting to company earnings included CSX Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CSX#NASDAQ">CSX</a>), down 6%; Kinder Morgan Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KMI#NYSE">KMI</a>), up 0.1%; Discover Financial Services (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DFS#NYSE">DFS</a>), up 2%; Equifax Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EFX#NYSE">EFX</a>), down 2.5%; Steel Dynamics Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/STLD#NASDAQ">STLD</a>), up 6%; Alcoa Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AA#NYSE">AA</a>), down 3%; Marsh &amp; McLennan Companies Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MMC#NYSE">MMC</a>), up 0.1%; Elevance Health Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ELV#NYSE">ELV</a>), down 12%; Travelers Companies Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TRV#NYSE">TRV</a>), up 8%; Truist Financial Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TFC#NYSE">TFC</a>), down 1.2%; M&amp;T Bank Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MTB#NYSE">MTB</a>), up 5%; Huntington Bancshares Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HBAN#NASDAQ">HBAN</a>), down 1.8% and KeyCorp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KEY#NYSE">KEY</a>), down 1.5%.</li>
<li>Companies slated to report their earnings after the close include Netflix Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NFLX#NASDAQ">NFLX</a>), Intuitive Surgical Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ISRG#NASDAQ">ISRG</a>), Crown Holdings Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CCK#NYSE">CCK</a>) and Western Alliance Bancorporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WAL#NYSE">WAL</a>). </li>
</ul>
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Photo: Shutterstock

Bonds

Eurozone

Commodities

Forex

Retail Sales

Treasuries

Tech

$BTC

ASML

AVGO

SPDR Dow Jones Industrial Average ETF Trust

streetTRACKS Dow Jones U.S. Large Cap Value Index Fund

HBAN

ISRG

LSCC

iShares PHLX SOX Semiconductor Sector Index Fund

SOXX

STLD

iShares Trust Barclays 20+ Year Treasury Bond Fund

Chipmakers Rally, Nvidia Smashes Records On TSMC Blowout Earnings, Gold Hits All-Time Highs: What's Driving Markets Thursday?

WIIM

M&T Bank shares are trading higher after the company reported better-than-expected Q3 financial results.

Technology stocks, specifically chipmakers, could lead from the front on Thursday as a<a href="https://www.benzinga.com/news/earnings/24/10/41373163/nvidia-supplier-tsmc-reports-q3-revenue-earnings-beat-amid-rising-demand-for-ai-chips"> stellar third-quarter earnings report </a>from Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TSM#NYSE">TSM</a>) is triggering positive sentiment toward all artificial intelligence plays. Oil prices have rebounded and gold traded at a fresh record, while bond yields held steady ahead of a slew of market-moving data that include retail sales, a regional manufacturing activity index, industrial production, and jobless claims.
Earnings news could provide an offsetting impact in the eventuality of the market construing the economic data as inclement. Netflix, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NFLX#NASDAQ">NFLX</a>) is the first among the mega-cap earnings due after the market close and the results could evince interest among traders and set the tone for the tech reporting season.
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Futures</td>
<td>Performance (+/-)</td>
</tr>
<tr>
<td>Nasdaq 100</td>
<td>+0.81%</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>+0.42%</td>
</tr>
<tr>
<td>Dow</td>
<td>+0.11%</td>
</tr>
<tr>
<td>R2K</td>
<td>-0.09%</td>
</tr>
</tbody>
</table>
</figure>
In premarket trading on Thursday,&nbsp;the SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) edged up 0.42% to $584.76 and the&nbsp;Invesco QQQ ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>) jumped 0.83% to $495, according to&nbsp;<a href="https://benzinga.grsm.io/lxquj26b2sag" target="_blank" rel="noreferrer noopener">Benzinga Pro data</a>.
Cues From Last Session:
Small-caps ripped higher on Wednesday, extending their recent gains amid hopes of a benign economic environment but the major averages opened on a tentative note. Solid earnings reports from financial companies and strong gains by real-estate and utility stocks helped the major indices close firmly in the green.
The Dow Jones Industrial Average turned solidly higher immediately after spending the better part of the session above the unchanged line. The 30-stock blue-chip average ended at a fresh high, although it did not have enough momentum to break above its Oct. 15 intraday high of 43,277.78.
The S&amp;P 500 Index and the Nasdaq Composite had a lackluster first-half before picking up momentum in the afternoon. 
Of the 11 S&amp;P 500 sector classes, only communication services and consumer discretionary stocks declined in Wednesday&#8217;s session.
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Index</td>
<td>Performance (+/)</td>
<td>Value</td>
</tr>
<tr>
<td>Nasdaq Composite</td>
<td>+0.28%</td>
<td>18,367.08</td>
</tr>
<tr>
<td>S&amp;P 500 Index</td>
<td>+0.47%</td>
<td>5,842.47</td>
</tr>
<tr>
<td>Dow Industrials</td>
<td>+0.79</td>
<td>43,077.70</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>+1.64%</td>
<td>2,286.68</td>
</tr>
</tbody>
</table>
</figure>
Insights From Analysts:
Delving into the small-cap rally that has been on, LPL Financial Chief Technical Strategist Adam Turnquist said after being stuck in a consolidation phase over the past few months, small-caps have picked up some momentum in recent sessions, with the growth outlook recently improving — underpinned by better-than-feared labor market conditions — and increased visibility into Fed rate cuts, he said.
The strategist noted that the Russell 2,000 Index, or RTY, has rallied off the lower end of its rising price channel. &#8220;Recent strength in the banking space — the RTY's largest sector by weighting — has further supported small caps,&#8221; he said.
Technically, a close above 2,275 would confirm a breakout from its current symmetrical triangle and leave&nbsp;the 2021 highs (2,243)&nbsp;as the next resistance hurdle to clear, Turnquist said, adding that momentum indicators have also recently turned bullish, adding to the evidence of a topside breakout.
&#8220;Despite the improving absolute performance, the RTY vs. S&amp;P 500 ratio chart still remains in a downtrend and below its declining 200-day moving average (DMA),&#8221; he said. A close above the July highs would validate a trend reversal in favor of small caps outperforming, he added.
Meanwhile, a fund manager thinks AI-levered companies could be defensive plays. Louis Navellier said, &#8220;Semiconductor demand has become the new proxy for global growth trends, being incorporated into almost everything, and also has geopolitical implications with technology export controls in place and China continuing to saber rattle about taking Taiwan back.&#8221;
&#8220;The upshot here is the inference that AI will still have legs even if we slide into a global recession in &#8217;25,&#8221; he added.
See also: <a href="https://www.benzinga.com/money/best-futures-trading-software">Best Futures Trading Software</a>
Upcoming Economic Data:
<ul>
<li>The Labor Department is scheduled to release the weekly jobless claim report at 8:30 a.m. EDT. Economists, on average, expect the number of individuals claiming unemployment insurance to come in at 260,000 in the week ended Oct. 12, up from 258,000 in the previous week.</li>
<li>The Commerce Department will release its September retail sales report at 8:30 a.m. EDT. The consensus estimates call for a 0.3% month-over-month increase in headline retail sales and a more modest 0.1% rise in retail sales, excluding the volatile auto sales. This compares to 0.1% increases for both in August.</li>
<li>The Philadelphia Fed is due to release the results of its manufacturing survey at 8:30 a.m. EDT. The diffusion index of business activity is expected to rise from 1.7 in September to 3 in October.</li>
<li>The Federal Reserve will release its industrial production report for September at 9:15 a.m. EDT. The consensus estimate models a 0.2% month-over-month decline in industrial output compared to 0.8% growth in August. </li>
<li>The Commerce Department&#8217;s business inventories report, due at 10 a.m. EDT, is expected to show a 0.3% month-over-month increase in business inventories for August, slightly slower than July&#8217;s 0.4% increase.</li>
<li>The National Association of Home Builders will release its housing market index for October at 10 a.m. EDT. The headline index, which measures confidence among homebuilders, is expected to rise a point from September to 42. A reading below 50 suggests a lack of confidence.</li>
<li>The Energy Information Administration will release its weekly oil inventories report at 11 p.m. EDT.</li>
<li>The Treasury is scheduled to auction four- and eight-week bills at 11:30 a.m. EDT.</li>
</ul>
Stocks In Focus:
<ul>
<li>Alcoa Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AA#NYSE">AA</a>) climbed nearly 5% <a href="https://www.benzinga.com/premarket">in premarket trading</a> following the aluminum maker&#8217;s quarterly results, and TSMC surged up over 8% on a beat-and-raise quarter.</li>
<li>Other stocks moving on earnings are CSX Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CSX#NASDAQ">CSX</a>) (down about 5%) Nokia Oyj (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NOK#NYSE">NOK</a>) (down nearly 6%), and Steel Dynamics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/STLD#NASDAQ">STLD</a>) (up over 3%).</li>
<li>Blackstone Inc. (BX), Marsh &amp; McLennan Companies, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MMC#NYSE">MMC</a>), Travelers Companies, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TRV#NYSE">TRV</a>), KeyCorp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KEY#NYSE">KEY</a>), and M&amp;T Bank Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MTB#NYSE">MTB</a>) are among the noteworthy <a href="https://www.benzinga.com/calendars/earnings">companies reporting ahead of the market opening.</a></li>
<li>Those reporting after the close include Netflix, Intuitive Surgical, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ISRG#NASDAQ">ISRG</a>), Crown Holdings, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CCK#NYSE">CCK</a>), WD-40 Company (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WDFC#NASDAQ">WDFC</a>), and Western Alliance Bancorporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WAL#NYSE">WAL</a>).</li>
<li>Expedia Group, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EXPE#NASDAQ">EXPE</a>) climbed over 7.7% on the news that Uber Technologies, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UBER#NYSE">UBER</a>) might be interested in buying the company.</li>
<li>Lucid Group, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LCID#NASDAQ">LCID</a>) plunged over 15% on a common stock offering.</li>
</ul>
Commodities, Bonds And Global Equity Markets:
Crude oil futures are reversing course and were up modestly after their recent pullback and gold futures traded at a record. Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) slipped over 1% over the past 24 hours and was at a sub-$67K level.
The 10-year U.S. Treasury note yield was little changed at 4.036%.
The Asian markets ended mixed on Wednesday, as the Japanese, Chinese, Hong Kong, Indian, and South Korean markets retreated. Most other markets ended on a firm note, tracking higher energy prices and the positive close on Wall Street overnight.
European stocks traded in the green in the early hours, thanks to earnings optimism.
Read Next:
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Photo courtesy: Shutterstock

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Wall Street Poised To Open Higher As TSMC Earnings Expected To Kick Off Rally In Tech Stocks: Strategist Says AI Trade Will Have Legs Even In Case Of Recession In 2025

<ul>
<li>M&amp;T&#39;s capital position continues to strengthen as the CET1 capital ratio rose for the sixth consecutive quarter to an estimated&nbsp;11.54%&nbsp;at September&nbsp;30, 2024, representing a 9 basis point increase from&nbsp;11.45%&nbsp;at June&nbsp;30, 2024. M&amp;T repurchased shares of its common stock for a total cost of&nbsp;$200 million, including the share repurchase excise tax, in the&nbsp;third quarter&nbsp;of 2024.</li>
</ul>

M&T Bank's CET1 Capital Ratio Increased 9 Basis Points To An Estimated 11.54% At September 30, 2024, Compared With 11.45% At June 30, 2024

M&amp;T Bank (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MTB#NYSE">MTB</a>) reported quarterly earnings of $4.08 per share which beat the analyst consensus estimate of $3.64 by 12.09 percent. This is a 0.74 percent increase over earnings of $4.05 per share from the same period last year. The company reported quarterly sales of $2.332 billion which beat the analyst consensus estimate of $2.318 billion by 0.59 percent. This is a 0.13 percent decrease over sales of $2.335 billion the same period last year.

Earnings Beats

M&T Bank Q3 2024 Adj. EPS $4.08 Beats $3.64 Estimate, Sales $2.332B Beat $2.318B Estimate

M&amp;T Bank Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MTB#NYSE">MTB</a>) will release earnings results for its third quarter, before the <a href="https://www.benzinga.com/quote/MTB/earnings">opening bell on Thursday, Oct. 17.</a>
Analysts expect the Buffalo, New York-based company to report quarterly earnings at $3.64 per share, down from $3.98 per share in the year-ago period. M&amp;T Bank projects to report revenue of $2.32 billion for the quarter, compared to $2.32 billion a year earlier, according to data from <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>.
On Wednesday, M&amp;T Bank announced quarterly preferred stock dividends.
M&amp;T Bank shares gained 1.9% to close at $189.35 on Wednesday.
Benzinga readers can access the latest analyst ratings on the <a href="https://www.benzinga.com/analyst-ratings/analyst-color/22/09/28888638/exclusive-study-finds-benzinga-analyst-ratings-data-yields-market-beating-strategie">Analyst Stock Ratings</a> page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.
Let's have a look at how Benzinga's most-accurate <a href="https://www.benzinga.com/quote/TJX/analyst-ratings">analysts have rated the company</a> in the recent period.
<ul>
<li><a href="https://www.benzinga.com/analyst-stock-ratings/analyst/58d52969b85e930001416e54/bill-carcache">Wolfe Research analyst Bill Carcache</a> upgraded the stock from Peer Perform to Outperform with a price target of $210 on Oct. 4. This analyst has an accuracy rate of 81%.</li>
<li>Wedbush analyst David Chiaverini maintained an Outperform rating and boosted the price target from $208 to $210 on Sept. 24. This analyst has an accuracy rate of 62%.</li>
<li>JP Morgan analyst Steven Alexopoulos upgraded the stock from Neutral to Overweight and raised the price target from $183 to $215 on Sept. 3. This analyst has an accuracy rate of 70%.</li>
<li>Wells Fargo analyst Mike Mayo downgraded the stock from Equal-Weight to Underweight and cut the price target from $170 to $165 on Aug. 15. This analyst has an accuracy rate of 73%.</li>
<li>Morgan Stanley analyst Manan Gosalia maintained an Overweight rating and raised the price target from $195 to $220 on Aug. 5. This analyst has an accuracy rate of 79%.</li>
</ul>
Considering buying MTB stock? Here&#8217;s what analysts think: 
<figure class="wp-block-image size-large is-resized"><img loading="lazy" decoding="async" width="1024" height="484" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/17021509/image-134-1024x484.png" alt="" class="wp-image-599796" style="width:630px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/17021509/image-134-1024x484.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/17021509/image-134-300x142.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/17021509/image-134-768x363.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/17021509/image-134.png 1410w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
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</ul>

M&T Bank Gears Up For Q3 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts

M&amp;T Bank (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MTB#NYSE">MTB</a>) is gearing up to announce its quarterly earnings on Thursday, 2024-10-17. Here's a quick overview of what investors should know before the release.
Analysts are estimating that M&amp;T Bank will report an earnings per share (EPS) of $3.64.
Investors in M&amp;T Bank are eagerly awaiting the company's announcement, hoping for news of surpassing estimates and positive guidance for the next quarter.
It's worth noting for new investors that stock prices can be heavily influenced by future projections rather than just past performance.
<h3>Historical Earnings Performance</h3>
In the previous earnings release, the company beat EPS by $0.29, leading to a 1.27% drop in the share price the following trading session.
Here's a look at M&amp;T Bank's past performance and the resulting price change:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q2 2024</th>
<th>Q1 2024</th>
<th>Q4 2023</th>
<th>Q3 2023</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>3.50</td>
<td>3.13</td>
<td>3.49</td>
<td>3.94</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>3.79</td>
<td>3.09</td>
<td>2.81</td>
<td>4.05</td>
</tr>
<tr>
<td>Price Change %</td>
<td>-1.0%</td>
<td>-3.0%</td>
<td>5.0%</td>
<td>-1.0%</td>
</tr>
</tbody>
</table>

<img src="https://www.benzinga.com/files/images/story/2024/1729094425_0.png" alt="eps graph" />
<h3>Tracking M&amp;T Bank's Stock Performance</h3>
Shares of M&amp;T Bank were trading at $185.88 as of October 15. Over the last 52-week period, shares are up 57.78%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release. 
<a href="https://www.benzinga.com/quote/MTB/earnings">To track all earnings releases for M&amp;T Bank visit their earnings calendar on our site.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

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D.A. Davidson analyst Peter Winter maintained a Hold rating on M&T Bank (MTB – Research Report) today and set a price target of $207.00. The compan...

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미국 은행들의 3분기 실적 발표 시즌이 이번 금요일에 공식적으로 시작된다. JP모건 체이스(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JPM#NYSE">JPM</a>), 웰스 파고(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WFC#NYSE">WFC</a>) 및 뉴욕 멜론 은행(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BK#NYSE">BK</a>)과 같은 주요 금융 기관들이 <a href="https://www.benzinga.com/news/earnings/24/10/41216873/us-banks-earnings-preview-soft-landing-hopes-interest-rate-cuts-key-catalysts-for-stocks">실적을 발표할 예정</a>이다.
다음 주 화요일에는 뱅크 오브 아메리카(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BAC#NYSE">BAC</a>), 골드만삭스(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GS#NYSE">GS</a>) 그리고 씨티그룹(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/C#NYSE">C</a>)과 같은 대형 은행들의 추가적인 실적 발표가 있을 예정이며, 일부 지역 은행들도 포함된다.
<h3 class="wp-block-heading">2024년 현재 은행 부문 성과</h3>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" class="wp-image-587909" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/09104754/image-66-1024x447.png" sizes="(max-width: 1024px) 100vw, 1024px" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/09104754/image-66-1024x447.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/09104755/image-66-300x131.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/09104755/image-66-768x336.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/09104755/image-66-1536x671.png 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/09104754/image-66.png 1920w" alt="" width="1024" height="447" /><figcaption class="wp-element-caption">차트: <a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent100924&amp;t=be2bearmibe3na1">Benzinga Pro</a></figcaption></figure>
2024년 현재까지 은행 부문은 강력한 성과를 보이고 있다. 주요 금융 주식을 추적하는 Financial Select Sector SPDR Fund(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLF#NYSE">XLF</a>)는 연초 대비 21% 상승하였으며, 이는 SPDR S&amp;P 500 ETF Trust(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>)로 대표되는 전체 시장의 성과와 일치한다.
하지만 지역 은행들은 대형 은행들에 비해 뒤처졌다. SPDR S&amp;P Regional Banking ETF(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KRE#NYSE">KRE</a>)는 연초 대비 6.7% 상승에 그쳤으나, 최근 3개월 동안은 더 나은 성과를 보였다. 이 최근의 반등은 인플레이션 하락과 연방준비제도(연준)의 금리 인하 기대 증가에 주로 기인한다.
실적 발표 시즌을 맞아 많은 투자자들은 대형 은행들이 지역 은행들에 대한 긍정적인 성과 차이를 유지할 것인지, 아니면 최근의 시장 발전이 그들의 실적과 전망에 영향을 미칠 것인지에 대한 질문을 가지고 있다.
다음은 은행 실적 발표 시즌을 앞두고 월스트리트 애널리스트들이 말하는 내용이다.
<h3 class="wp-block-heading">애널리스트들의 기대와 추천 종목</h3>
<h4 class="wp-block-heading">RBC 캐피털 마켓 – 제럴드 캐시디(Gerard Cassidy), 글로벌 금융 연구 공동 책임자</h4>
&#8220;우리는 향후 12-18개월 동안 은행에 대한 전망이 매우 좋다고 생각한다. 우리는 연준이 이 기간 동안 단기 금리를 200-250bp(베이시스 포인트) 인하할 것으로 예상하며, 바젤 III &#8216;엔드게임&#8217; 제안의 최종화가 은행들이 잉여 자본을 자사주 매입과 배당으로 환원할 수 있게 할 것이다. 우리는 은행 주식에 대한 비중 확대를 지속적으로 추천한다.&#8221;
<ul>
<li>추천 종목 (RBC는 3분기 대해 모두 애널리스트들의 컨센서스를 상회하는 주당순이익(EPS) 추정치를 보유하고 있다.)
<ul>
<li>트루이스트 파이낸셜 (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TFC#NYSE">TFC</a>)</li>
<li>키코프 (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KEY#NYSE">KEY</a>)</li>
</ul>
</li>
</ul>
<h4 class="wp-block-heading">JP모건 체이스 – 안토니 엘리(Anthony Elian), CFA</h4>
&#8220;연준 금리를 인하함에 따라 여러 산업의 역풍이 순풍으로 전환될 수 있다.&#8221; 여기에는 다음이 포함다:
<ol>
<li>예금 비용 감소, 순이자 마진(NIM) 개선</li>
<li>상업 대출 수요 증가</li>
<li>상업용 부동산(CRE) 노출이 있는 은행에 대한 신용 품질 우려 완화</li>
<li>준비금이 방출되어 자사주 매입 프로그램 재개</li>
<li>인수 시장과 벤처 캐피탈 활동 증가</li>
</ol>
<ul>
<li>추천 종목:
<ul>
<li>퍼스트 시티즌스 뱅크셰어스 (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FCNCA#NYSE">FCNCA</a>)</li>
<li>웨스턴 얼라이언스 뱅코퍼레이션 (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WAL#NYSE">WAL</a>)</li>
<li>피나클 파이낸셜 파트너스 (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PNFP#NASDAQ">PNFP</a>)</li>
</ul>
</li>
</ul>
<h4 class="wp-block-heading">웨드부시 증권 – 데이비드 J. 치아베리니(David J. Chiaverini), CFA</h4>
&#8220;우리는 3분기 동안 은행의 혼재된 추세를 예상하며, 대출 및 예금의 완만한 성장, 예금 혼합 변화의 안정화, 고정 자산 재가격으로 인한 NIM 개선을 기대한다. 이 환경에서 일부 은행들이 더 긍정적인 위치에 있을 것이다.&#8221;
<ul>
<li>추천 종목:
<ul>
<li>M&amp;T 뱅크 (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MTB#NYSE">MTB</a>)</li>
<li>윈트러스트 파이낸셜 (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WTFC#NASDAQ">WTFC</a>)</li>
<li>컬럼비아 뱅킹 시스템 (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COLB#NASDAQ">COLB</a>) 
웨드부시는 컬럼비아 뱅킹 시스템이 부채 민감성으로 인해 낮은 금리 환경에서 혜택을 받을 것이라고 믿고 있다. 대부분의 은행들은 자산 민감성이다.</li>
</ul>
</li>
</ul>
<h4 class="wp-block-heading">뱅크 오브 아메리카 – 에브라힘 푸나왈라(Ebrahim H. Poonawala)</h4>
&#8220;우리는 3분기 실적 발표를 앞두고 대형 머니 센터보다 지역 은행을 선호한다. 이는 순이자수익(NII)의 방어력과 채권 보유의 시장가치 손실 감소로 인한 자본 완화가 더 크기 때문이다. 3분기 실적을 앞두고 우리의 주요 아이디어는 지역 은행들과 대형 금융 기관들의 혼합이다.&#8221;
<ul>
<li>추천 종목:
<ul>
<li>U.S. 뱅코프 (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/USB#NYSE">USB</a>)</li>
<li>웨스턴 얼라이언스 뱅코퍼레이션</li>
<li>PNC 파이낸셜 서비스 그룹 (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PNC#NYSE">PNC</a>)</li>
<li>피프스 서드 뱅코프 (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FITB#NYSE">FITB</a>)</li>
<li>M&amp;T 뱅크</li>
<li>트루이스트 파이낸셜</li>
<li>모건 스탠리 (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MS#NYSE">MS</a>)</li>
<li>골드만삭</li>
<li>뉴욕 멜론 은행</li>
</ul>
</li>
</ul>
<h4 class="wp-block-heading">골드만삭스 – 리처드 램스든(Richard Ramsden)</h4>
골드만삭스는 씨티그룹에 대해 3분기 실적을 앞두고 특히 낙관적이다. 이는 은행이 2024년 목표를 향한 진전을 강력한 수수료 성장, 탄탄한 자본 시장 활동 및 견고한 카드 거래량에 의해 추진되고 있기 때문이다.
램스든은 씨티그룹의 3분기 전 대손충당 전 순수익(PPNR)에 대해 컨센서스를 상회하는 전망을 제시하고 있으며, 이는 주로 더 높은 수수료와 자본 시장 활동에 대한 기대 때문이다.
<ul>
<li>추천 종목:
<ul>
<li>씨티그룹 (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/C#NYSE">C</a>)</li>
</ul>
</li>
</ul>
다음 읽어보기:
<ul>
<li><a href="https://kr.benzinga.com/news/usa/stocks/sp-500-%EC%8B%A4%EC%A0%81-%EC%8B%9C%EC%A6%8C-%EC%8B%9C%EC%9E%91-%EC%99%9C-%EB%B6%84%EC%84%9D%EA%B0%80%EB%93%A4%EC%9D%80-%EC%9D%B4%EB%B2%88-%EB%B6%84%EA%B8%B0%EB%A5%BC-%EC%A3%BC%EC%8B%9D/" target="_blank" rel="noopener">S&amp;P 500 실적 발표 시즌 시작: 왜 애널리스트들이 이번 분기를 &#8216;주식 선택자의 천국&#8217;이라고 부르는가?</a></li>
</ul>
이미지는 인공지능 미드저니를 통해 생성되었습니다.

미국 은행들이 3분기 실적을 발표할 준비를 하면서, 투자자들은 경제의 연착륙 가능성, 연방준비제도(연준)의 금리 인하, 그리고 이들이 <a href="https://www.benzinga.com/topic/banks" target="_blank" rel="noopener" data-google-interstitial="false">은행 가치 평가에 미치는 영향</a>에 주목하고 있다.
뱅크 오브 아메리카(Bank of America)의 애널리스트들은 은행 주식 전망에 대해 조심스러운 낙관을 유지하고 있다. 그들은 연착륙 시나리오가 고객 활동의 반등을 촉발하고, 대출 성장을 개선하며 그리고 섹터의 주가수익비율(P/E) 배수를 긍정적으로 유도할 수 있다고 예측한다. 하지만 연준의 정책 변화와 다가오는 미국 선거와 같은 거시적 불확실성이 이 같은 기대를 완화하고 있다.
뱅크 오브 아메리카의 주식 애널리스트인 에브라힘 푸나왈라(Ebrahim H. Poonawala)는 월요일 노트에서 금리 인하가 은행 주당순이익(EPS) 전망과 주식 P/E 배율에 대해 &#8220;구조적으로 긍정적&#8221;일 수 있다고 강조했다. 금리가 낮아지면 고객 활동이 재활성화될 것으로 예상되며, 특히 투자은행, 주택담보대출 및 대출 성장에 긍정적인 영향을 미칠 것이다.
그러나 낮은 금리는 &#8220;자산에 민감한 은행&#8221;에 부정적인 영향을 미칠 것으로 예상되며, 대출 수익률이 하락할 것이다.
추가 읽기: <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/10/41212796/tesla-robotaxi-day-preview-move-over-autonomous-vehicles-analyst-says-this-positive">테슬라 로보택시 데이 미리보기: 자율주행차를 제치고, 애널리스트가 말하는 이 &#8216;긍정적 촉매&#8217;가 더 중요할 수 있다</a>
<h3 class="wp-block-heading">정치적 리스크가 대선을 앞두고 크게 작용</h3>
다가오는 미국 선거는 은행들에게 추가적인 불확실성을 더하고 있다.
&#8220;트럼프의 승리는 규제/M&amp;A 분야에서의 완화로 긍정적으로 작용할 가능성이 높다. 민주당의 압승은 높은 세금, 규제 변화의 지속(또는 악화) 가능성 때문에 섹터에 가장 부정적인 결과로 작용할 가능성이 높다&#8221;라고 애널리스트들이 언급했다.
현재의 가치 평가가 연착륙에 대해 조심스레 낙관적인 모습을 보이고 있지만, 정치적 결과는 섹터에 변동성을 유발할 수 있다. 트럼프가 승리하면 은행 주식은 &#8220;즉각적인&#8221; 긍정적인 반응을 보일 가능성이 높고, 민주당이 승리하면 투자 심리에 부정적인 영향을 미칠 수 있다.
<h3 class="wp-block-heading">지역 은행이 메인스트리트 은행보다 선호됨</h3>
2024년 3분기에 이 투자 은행은 SPDR S&amp;P Regional Banking ETF(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KRE#NYSE">KRE</a>)에서 추적하는 바와 같이 대형 머니 센터 은행들보다 &#8220;순이자 소득(NII)에 대한 더 나은 방어력&#8221;을 이유로 지역 은행들을 선호했다.
지역 은행들은 예금에 대한 더 큰 유연성, 더 나은 헤징 전략, 그리고 채권 평가손실이 줄어들면서 자본 완화의 가능성이 더 높다.
주요 추천주로는 U.S. 뱅코프(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/USB#NYSE">USB</a>), 웨스턴 얼라이언스(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WAL#NYSE">WAL</a>), PNC 파이낸셜(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PNC#NYSE">PNC</a>), 피프스 써드(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FITB#NASDAQ">FITB</a>), M&amp;T 뱅크(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MTB#NYSE">MTB</a>), 그리고 트루이스트 파이낸셜(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TFC#NYSE">TFC</a>)이 있다.
퍼스트 뱅코프(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FBP#NYSE">FBP</a>)는 &#8220;현재 금리 기대치를 헤쳐나가기 가장 잘 대비된&#8221; 은행으로 평가되었으며, 텍사스 캐피털 뱅크셰어스(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TCBI#NASDAQ">TCBI</a>)는 가장 큰 영향을 받을 것으로 보인다.
월요일, 뱅크 오브 아메리카는 코메리카(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CMA#NYSE">CMA</a>)를 &#8220;중립&#8221;에서 &#8220;부진&#8221;으로 하향 조정하고 목표 주가를 55달러에서 52달러로 낮췄다. 애널리스트인 브랜든 버만(Brandon Berman)은 코메리카를 지탱하던 긍정적인 금리 거래가 &#8220;그 과정을 마쳤다&#8221;고 강조하며, 이 주식은 이제 역사적 범위의 상단을 넘어서 거래되고 있어 하향 조정된 실적 전망의 위험을 반영하지 않고 있다고 설명했다.
앞으로, 10월 11일 금요일에는 JP모건 체이스(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JPM#NYSE">JPM</a>), 웰스 파고(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WFC#NYSE">WFC</a>), 그리고 뉴욕 멜론 은행(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BNY#NYSE">BNY</a>)의 주요 실적 보고가 있을 것이다.

다음 읽기:
<ul>
<li><a href="https://www.benzinga.com/general/entertainment/24/10/41214476/will-kamala-harriss-media-blitz-including-60-minutes-and-call-her-daddy-improve-her-2024-el">카멀라 해리스의 미디어 공세가 2024년 선거 전망을 개선할 수 있을까요?</a></li>
</ul>
이미지는 인공지능을 사용하여 생성되었습니다.
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미국 주식 선물은 월요일 오전 높은 상승을 기록하는 가운데, 오늘 투자자들의 관심을 집중시킬 주식은 다음과 같다:
월스트리트는 골드만삭스 그룹(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GS#NYSE">GS</a>)이 주당 8.56달러의 분기 이익을 발표할 것으로 예상하고 있으며, 이는 전년 동기의 주당 8.79달러에서 감소한 수치이다. <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>의 데이터에 따르면 이 투자 은행은 전년 동기의 122억 2천만 달러에 비해 분기별 매출을 129억 2천만 달러로 보고할 것으로 예상된다. 골드만삭스 주가는 시간외 거래에서 1.15% 하락한 385.00달러를 기록했다.
앙코어 와이어 (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WIRE#NASDAQ">WIRE</a>)은 1주당 현금 290.00달러로 프리즈미안(Prysmian)에 인수되기로 합의했다. 지난 금요일, 안코어 와이어 주식은 0.2% 상승하여 260.98달러에 마감했다.
분석가들은 찰스 슈왑 (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SCHW#NASDAQ">SCHW</a>)이 매출 47.1억 달러에 대해 주당 74센트의 분기 이익을 발표할 것으로 예상하고 있습니다. 이 회사는 시장이 열리기 전에 실적을 발표할 예정이다. 찰스 슈왑의 주식은 시간외 거래에서 0.29% 하락한 70.01달러에 거래되었다.
여기서 <a href="https://www.benzinga.com/premarket/">개장 전 시장 커버리지를 확인하세요.</a>
C3is Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CISS#NASDAQ">CISS</a>)은 1,619만달 러에 에코 스핏파이어(Eco Spitfire) 벌크선을 인수하기로 합의했다. C3is 주식은 시간외 거래에서 5.6% 하락한 1.76달러에 거래되었다.
분석가들은 M&amp;T은행 (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MTB#NASDAQ">MTB</a>)이 개장 전에 주당 3.09달러의 분기 이익을, 매출 22.6억 달러로 발표할 것으로 예상한다. M&amp;T은행의 주식은 시간외 거래에서 0.01% 하락한 134.55달러에 거래되었다.
Check This Out: <a href="https://www.benzinga.com/trading-ideas/long-ideas/24/04/38216143/jim-cramer-calls-cummins-terrific-recommends-selling-this-chinese-auto-manufacturer">짐 크레이머는 커민스를 &#8216;훌륭하다&#8217;고 말하고 이 중국 자동차 제조업체의 매각을 추천</a>

지난주 금요일에도 CNN 머니(Money)의 공포와 탐욕(Fear and Greed) 지수는 &#8216;탐욕&#8217; 구간에 머물렀다.
금요일 미국 증시는 지정학적 우려로 인해 하락세로 마감했으며, 다우존스 지수는 장중 475포인트 가량 하락했다.
경제지표를 보면, 3월 미국 수출 가격은 전월 대비 0.7% 상승한 데 이어 전월 대비 0.3% 상승했다. 미국의 수입물가는 2월 0.3% 상승에 비해 3월에는 전월 대비 0.4% 상승했다. 미시간대 소비자 심리지수는 3월 79.4에서 4월 77.9로 하락했다.
JP모건 체이스 (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JPM#NYSE">JPM</a>) 주식은 1분기 실적 발표 후 금요일 6% 이상 급락했다. 웰스 파고 (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WFC#NYSE">WFC</a>)의 1분기 이익은 주당 1.20달러로, 1.09달러로 예상했던 분석가 컨센서스를 능가했다. 씨티그룹 (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/C#NYSE">C</a>) 의 1분기 실적은 예상보다 더 나은 결과를 보였다.
S&amp;P 500의 모든 부문이 마이너스로 마감했는데, 이날 금요일 정보기술, 소재, 자유 소비재 산업이 가장 큰 손실을 기록했다.
이날 다우존스 지수는 약 475 포인트 하락한 37,983.24에 마감했다. S&amp;P 500은 1.46% 하락한 5123.41에, 나스닥은 1.62% 감소한 16175.09에 마감했다.
오늘 (4월 15일) M&amp;T 은행 (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MTB#NYSE">MTB</a>), 찰스 슈왑 은행 (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SCHW#NYSE">SCHW</a>) 및 골드만삭스 그룹 (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GS#NYSE">GS</a>) 의 분기 실적 발표가 예정되어 있다.
현재 지수는 46으로, 지난주 금요일에도 이 지수는 이전 46과 마찬가지로 &#8220;중립&#8221; 구간에 머물렀다.
CNN 비즈니스 공포와 탐욕 지수란?
공포 탐욕 지수는 현재 시장 심리를 측정하는 지표입니다. 이는 두려움이 높을수록 주가에 압력을 가하는 반면, 탐욕이 높을수록 반대 효과가 나타난다는 전제에 기초한다. 지수는 7개의 동일 가중치 지표를 기반으로 계산된다. 지수 범위는 0에서 100까지이며, 0은 최대 공포를 나타내고 100은 최대 탐욕을 나타낸다.
다음 글: <a href="https://www.benzinga.com/news/earnings/24/04/38215878/how-to-earn-500-a-month-from-goldman-sachs-stock-ahead-of-q1-earnings-report" target="_blank" rel="noopener">1분기 실적 보고서에 앞서 골드만삭스 주식으로 한 달에 500달러를 버는 방법</a>

공포와 탐욕 지수가 '중립'존에 위치; 다우 지수는 475포인트 하락

최근 세션에서 나타난 약세가 더욱 심화될 것이라는 우려와는 달리, 이란의 전례 없는 이스라엘 공격으로 인해  <a href="https://www.benzinga.com/markets/cryptocurrency/24/04/38238575/iran-launches-drone-attack-on-israel-in-escalation-of-tensions-bitcoin-drops-sharply-in-re" target="_blank" rel="noopener">중동에서 고조되는 긴장</a>에도 불구하고 미국 시장이 탄력성을 유지할 수 있다는 초기 징후가 나타났다.
미국 선물 시장의 변동성: 주요 미국 지수 선물은 일요일 (현지 시간) 소폭 높게 거래되어 시장이 중동 긴장으로 인해 촉발된 폭풍을 견뎌낼 수 있다는 신호를 보냈다.
미 동부시각 오전 10시 기준으로 나스닥 지수, S&amp;P 500지수, 다우 존스 지수 선물이 각각 0.25%, 0.22%, 0.19% 상승하였다.
<a href="https://www.benzinga.com/markets/equities/24/04/38228298/market-turmoil-resumes-as-inflation-rises-more-than-expected-oil-prices-spike-gold-at-record-hig" target="_blank" rel="noopener">소비자 물가 인플레이션 보고서가 예상보다 뜨거워지고 대형 은행의 실적이 부진하게 시작된</a> 이후 4월 12일로 끝난 주에 미국 주식은 압박을 받았다.
월요일의 심리는 중동의 발전 상황에 크게 좌우될 수 있다.
이란은 이 공격은 4월 1일 이스라엘이 시리아에 있는 자국의 영사관에 대한 타격에 대한 보복이라고 주장하고, 이제 이 문제는 &#8220;종결된 것으로 간주될 수 있다&#8221;고 말했지만 이스라엘의 전쟁 내각은 보복할지에 대해 논의 중이다. 최신 <a href="https://www.aljazeera.com/news/liveblog/2024/4/15/israels-war-on-gaza-live-five-killed-in-nuseirat-as-israel-strikes-camps#:~:text=Israeli%20forces%20again%20bombed%20the,Iran's%20retaliatory%20strikes%20against%20Israel.">업데이트</a>에 따르면 이스라엘군은 가자중부의 누세이라트 난민촌을 폭격했다.
유엔은 이번 달 중동의 최신 지정학적 긴장에 대해 회의 중이다.
이스라엘 주식은 이번에 발생한 일에 대해 상대적으로 차분했다. 일요일 오전에는 텔아비브 증권거래소의 벤치마크 지수인 TA-125 지수가 약간의 변동성을 보였다. 장 중반에 급격한 하락세를 보인 후 회복되어 약간 높은 수준으로 마감했다.
오늘 미국 시장은 대형 은행의 실적들을 더 많이 살펴볼 것이다. 골드만삭스 그룹 (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GS#NYSE">GS</a>)와 M&amp;T 뱅크 (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MTB#NYSE">MTB</a>)도 실적을 발표할 예정이다.
월가에서는 연방준비은행(연준) 관계자들의 몇 차례 연설, 뉴욕 연준의 4월 지역 제조업 조사 결과, 3월 소매판매 데이터, 주택건설업체 신뢰도 수치가 거래자들의 관심을 끌 수 있다.
참고 자료: 최고의 선물 거래 소프트웨어
아시아 하락: 아시아 주요 시장은 중동과의 지정학적 근접성으로 인해 대부분 하락했다. 일본의 닛케이지수와 홍콩의 항셍지수는 크게 하락한 반면 중국 주식은 강하게 개장했다.
원유, 금의 안정적인 움직임: 공급 우려로 급격한 상승이 예상되는 가운데 원유 선물은 비교적 안정적으로 보였다. WTI 원유는 배럴당 85달러 이상에서 약 0.25% 하락했다. 금은 안전자산이라는 매력에도 불구하고 온스당 2,370.80달러까지 소폭 하락했다.
암호화폐의 반등: 심리적 지지선인 60,000달러에 가까이 하락한 후 비트코인(CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>)은 반등했다. 비트코인은 65,360.44달러로 2% 이상 상승했다.
<a href="https://benzinga.grsm.io/lxquj26b2sag">Benzinga Pro</a> 데이터에 따르면, 금요일 SPDR S&amp;P 500 ETF Trust (NYSE SPY)와 Invesco QQQ Trust (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>)는 각각 1.38%와 1.59% 하락했다.
사진 제공: Stigura20 On Shutterstock.com

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