M&T Bank에 대한 매도 수량은 투자자에게 M&T Bank의 주식 하락에 베팅하는 정도를 알려줍니다. 매도 수량 데이터는 2주마다 업데이트됩니다.

M&T Bank (NYSE:MTB) 주식, 공매도 수량 보고

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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지역 은행 부문은 지난 2년 동안 잘못된 이유로 많은 헤드라인을 장식했다. 실리콘밸리 은행, 시그니처 은행 및 퍼스트 리퍼블릭 은행과 같은 은행 파산 사건은 이 부문에 큰 충격을 주었고, 2023년 말 SPDR 지역은행 ETF(NYSE:KRE)는 40% 이상 하락했다.

트럼프가 증권거래위원회 새 리더십을 지명하기 전에 사야 할 6개 지역 은행주

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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

M&T Bank Corp

Simplify Exchange Traded Funds Simplify MBS ETF

Moatable Inc

MOUNT BURGESS MINING NEW 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

On CNBC's &#8220;Mad Money Lightning Round,&#8221; Jim Cramer said he likes Walmart Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WMT#NYSE">WMT</a>).
According to a CNBC report, Walmart started providing body cameras to some of its store-level employees across the U.S. as part of a pilot<a href="https://www.benzinga.com/general/psychology/24/12/42537321/walmart-begins-program-that-has-employees-wear-bodycams-for-safety"> program testing the technology</a>.
Royalty Pharma plc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RPRX#NASDAQ">RPRX</a>) is a &#8220;disappointing&#8221; stock, Cramer said. &#8220;I want you to stick with it, I would not get rid of the stock here, it's too good a company.&#8221;
On Nov. 6, Royalty Pharma reported quarterly earnings of $1.04 per share which beat the analyst consensus estimate of 93 cents per share. The company reported quarterly sales of $565.00 million which missed the analyst consensus estimate of $696.10 million.
Cramer said he doesn't want to own Magna International Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MGA#NYSE">MGA</a>). &#8220;The autos are the worst place to be,&#8221; he noted.
On Dec. 16, Wells Fargo analyst Colin Langan maintained Magna International with an Equal-Weight rating and lowered the price target from $46 to $44.
The &#8220;Mad Money&#8221; host recommended buying M&amp;T Bank Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MTB#NYSE">MTB</a>), adding that it is a &#8220;very, very good&#8221; company.
M&amp;T Bank will announce its fourth quarter and full-year 2024 earnings results before the market opens on Thursday, Jan. 16, 2025. Analysts expect the company to report quarterly earnings at $3.74 per share on revenue of $2.34 billion.
Price Action:
<ul>
<li>Walmart shares fell 0.2% to settle at $93.40 on Thursday.</li>
<li>Royalty Pharma shares fell 0.8% to close at $24.28 during the session.</li>
<li>Magna International shares fell 1.6% to settle at $41.28 on Thursday.</li>
<li>M&amp;T Bank shares fell 0.4% to $185.42 on Thursday.</li>
</ul>
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/24/12/42582254/top-3-consumer-stocks-you-may-want-to-dump-this-quarter">Top 3 Consumer Stocks You May Want To Dump This Quarter</a></li>
</ul>
Photo: Shutterstock

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Jim Cramer Likes Walmart, Recommends Buying This 'Very, Very Good' Financial Stock

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BANR

BBAR

CVBF

EWBC

GGAL

HBAN

INTR

Shares of banking companies are trading lower amid overall market sympathy following the Fed's rate decision to cut rates by 25 basis points.

The global fund managers increased their allocation to <a href="https://www.benzinga.com/24/12/42527883/top-3-financial-stocks-which-could-rescue-your-portfolio-for-december">financial stocks</a>, which include both banks and insurance companies, to an all-time high in December.
What Happened: According to the Bank of America&#8217;s Global Fund Manager Survey, as reported <a href="https://finance.yahoo.com/news/investors-allocation-to-us-stocks-hits-record-high-amid-super-bullish-sentiment-bofa-survey-164349535.html">by</a> Yahoo Finance, investors&#8217; allocation to banks increased by 23% points in December compared to the previous month. This resulted in global fund managers being 41% overweight on banking stocks in December, which is the highest since January 2022.
Similarly, the allocation to insurance companies surged by 15% points month-on-month. This represented an overweight position of 20% within the sectors by the global fund managers. It is the highest since February 2014.
Furthermore, the investor positioning relative to their historical long-term positions increased within the financial universe, followed by the U.S. stocks and utilities, according to the BofA survey.
The investors were underweight with respect to their exposure to cash, Eurozone stocks, staples, and bonds.
See Also: <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/12/42531373/financial-stocks-near-record-year-could-trump-deregulation-fuel-bigger-gains-in-2025">Financial Stocks Near Record Year: Could Trump Deregulation Fuel Bigger Gains In 2025?</a>
What Are The Analysts Saying
Mario Georgiou, executive director, head of investments at InCred Global Wealth U.K., in an <a href="https://www.benzinga.com/24/11/42158682/donald-trumps-win-positive-for-financials-energy-sector-as-pro-growth-effects-will-outweigh-inflationary-pressures-says-analyst">exclusive conversation with Benzinga</a>, described tax cuts and deregulation as tailwinds to the markets. He considers inflationary policies such as tariffs and immigration impacts as headwinds, leading to a steepening yield curve, and higher term premiums.
"Financials offer an attractive risk-reward and that this recent post-election rally has room to run," added Georgiou. According to him "Financials are not only well positioned to capture the benefits of the above-mentioned Trump tailwinds, but are also less impacted / would even benefit from the Trump headwinds."
Bank of America's global economics team recently summarized the sentiment, stating, "Pro-growth policies like deregulation of financial services and energy, as well as lower taxes, are boosting market sentiment and asset prices."
According to Goldman Sachs analyst Richard Ramsden, large-cap banks remain optimistic about the economy. &#8220;Healthy consumer spending trends and strong corporate balance sheets have supported a constructive outlook,&#8221; Ramsden said in a recent note.
The top-performing financial stocks of 2024 include Robinhood Markets, Interactive Brokers Group, Coinbase Global, KKR &amp; Co, and Wells Fargo.
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Company</td>
<td>YTD Performance</td>
</tr>
<tr>
<td>Robinhood Markets Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HOOD#NASDAQ">HOOD</a>)</td>
<td>236.54%</td>
</tr>
<tr>
<td>Interactive Brokers Group Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IBKR#NASDAQ">IBKR</a>)</td>
<td>111.59%</td>
</tr>
<tr>
<td>Coinbase Global Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COIN#NASDAQ">COIN</a>)</td>
<td>98.65%</td>
</tr>
<tr>
<td>KKR &amp; Co Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KKR#NYSE">KKR</a>)</td>
<td>85.99%</td>
</tr>
<tr>
<td>Wells Fargo &amp; Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WFC#NYSE">WFC</a>)</td>
<td>43.54%</td>
</tr>
<tr>
<td>Blackstone Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BX#NYSE">BX</a>)</td>
<td>42.75%</td>
</tr>
<tr>
<td>M&amp;T Bank Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MTB#NYSE">MTB</a>)</td>
<td>41.08%</td>
</tr>
<tr>
<td>JPMorgan Chase &amp; Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JPM#NYSE">JPM</a>)</td>
<td>38.52%</td>
</tr>
<tr>
<td>Morgan Stanley (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MS#NYSE">MS</a>)</td>
<td>36.04%</td>
</tr>
<tr>
<td>Citigroup Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/C#NYSE">C</a>)</td>
<td>34.09%</td>
</tr>
<tr>
<td>Bank of America Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BAC#NYSE">BAC</a>)</td>
<td>32.89%</td>
</tr>
<tr>
<td>Fifth Third Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FITB#NASDAQ">FITB</a>)</td>
<td>29.53%</td>
</tr>
<tr>
<td>PNC Financial Services Group Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PNC#NYSE">PNC</a>)</td>
<td>26.71%</td>
</tr>
<tr>
<td>Arthur J. Gallagher &amp; Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AJG#NYSE">AJG</a>)</td>
<td>25.74%</td>
</tr>
<tr>
<td>HSBC Holdings Plc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HSBC#NYSE">HSBC</a>)</td>
<td>21.24%</td>
</tr>
<tr>
<td>Prudential Financial Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PRU#NYSE">PRU</a>)</td>
<td>13.69%</td>
</tr>
<tr>
<td>American International Group Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AIG#NYSE">AIG</a>)</td>
<td>3.46%</td>
</tr>
</tbody>
</table>
<figcaption class="wp-element-caption">Note: Data as of market close on Dec. 17, 2024</figcaption></figure>
The iShares U.S. Financial ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IYF#NYSE">IYF</a>) has risen 31.35% year-to-date.
Similarly, other financial-focused ETFs have seen strong gains. The Financial Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLF#NYSE">XLF</a>) surged 30.3%, while the Vanguard Financials Index Fund ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VFH#NYSE">VFH</a>) climbed 30.89%.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/24/12/42546991/dows-rare-nine-day-decline-falls-behind-267-single-day-crashes-since-1900">Dow&#8217;s Rare Nine-Day Decline Falls Behind 267 Single-Day Crashes Since 1900: Is Tech Shift To Blame?</a></li>
</ul>
Photo courtesy: Shutterstock

Market Summary

General

COIN

HOOD

HSBC

IBKR

iShares Dow Jones US Financial Sector Index Fund

Fund Managers Increase Allocation To Banking And Insurance Stocks In December: Here Are The Best Performing Financial Stocks In 2024

M&amp;T Bank's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MTB#NYSE">MTB</a>) short percent of float has risen 27.35% since its last report. The company recently reported that it has 4.34 million shares sold short, which is 2.98% of all regular shares that are available for trading. Based on its trading volume, it would take traders 5.55 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>M&amp;T Bank Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1734359422_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for M&amp;T Bank has grown since its last report. This does not mean that the stock is going to fall in the near-term but traders should be aware that more shares are being shorted.
<h3>Comparing M&amp;T Bank's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, M&amp;T Bank's peer group average for short interest as a percentage of float is 3.67%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

Short Sellers

Short Ideas

(MTB) - Analyzing M&T Bank's Short Interest

Compass Point analyst David Rochester 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 $220 to $250.

Price Target

Analyst Ratings

Compass Point Maintains Neutral on M&T Bank, Raises Price Target to $250

Keefe, Bruyette &amp; Woods analyst David Konrad maintains M&amp;T Bank (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MTB#NYSE">MTB</a>) with a Market Perform and raises the price target from $205 to $221.

Keefe, Bruyette & Woods Maintains Market Perform on M&T Bank, Raises Price Target to $221

During the last three months, 15 analysts shared their evaluations of M&amp;T Bank (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MTB#NYSE">MTB</a>), revealing diverse outlooks 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 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">6</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">0</td>
<td align="right">1</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">1</td>
<td align="right">2</td>
<td align="right">3</td>
<td align="right">1</td>
<td align="right">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td align="right">0</td>
<td align="right">3</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
</tbody>
</table>
The 12-month price targets, analyzed by analysts, offer insights with an average target of $218.23, a high estimate of $243.00, and a low estimate of $190.00. This upward trend is evident, with the current average reflecting a 11.26% increase from the previous average price target of $196.14.
<img src="https://www.benzinga.com/files/images/story/2024/1733328049_0.png" alt="price target chart" />
<h2>Understanding Analyst Ratings: A Comprehensive Breakdown</h2>
A comprehensive examination of how financial experts perceive M&amp;T Bank is derived from recent analyst actions. The following is a detailed summary of 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>Steven Alexopoulos</td>
<td>JP Morgan</td>
<td>Raises</td>
<td>Neutral</td>
<td>$223.50</td>
<td>$215.00</td>
</tr>
<tr>
<td>Frank Schiraldi</td>
<td>Piper Sandler</td>
<td>Raises</td>
<td>Overweight</td>
<td>$243.00</td>
<td>$205.00</td>
</tr>
<tr>
<td>Ryan Nash</td>
<td>Goldman Sachs</td>
<td>Raises</td>
<td>Neutral</td>
<td>$243.00</td>
<td>$216.00</td>
</tr>
<tr>
<td>Keith Horowitz</td>
<td>Citigroup</td>
<td>Raises</td>
<td>Neutral</td>
<td>$230.00</td>
<td>$220.00</td>
</tr>
<tr>
<td>Mike Mayo</td>
<td>Wells Fargo</td>
<td>Raises</td>
<td>Underweight</td>
<td>$205.00</td>
<td>$190.00</td>
</tr>
<tr>
<td>John Pancari</td>
<td>Evercore ISI Group</td>
<td>Raises</td>
<td>Outperform</td>
<td>$232.00</td>
<td>$210.00</td>
</tr>
<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>
</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: Delving into assessments, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings communicate expectations for the relative performance of M&amp;T Bank compared to the broader market.</li>
<li>Price Targets: Gaining insights, analysts provide estimates for the future value of M&amp;T Bank's stock. This comparison reveals trends in analysts' expectations over time.</li>
</ul>
Assessing these analyst evaluations alongside crucial financial indicators can provide a comprehensive overview of M&amp;T Bank's market position. Stay informed and make well-judged 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>Delving into M&amp;T Bank's Background</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: Financial Performance Dissected</h3>
Market Capitalization: Boasting an elevated market capitalization, the company surpasses industry averages. This signals substantial size and strong market recognition.
Decline in Revenue: Over the 3 months period, M&amp;T Bank faced challenges, resulting in a decline of approximately -0.13% in revenue growth as of 30 September, 2024. This signifies a reduction 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): M&amp;T Bank's ROE is below industry standards, pointing towards difficulties in efficiently utilizing equity capital. With an ROE of 2.58%, the company may encounter challenges in delivering satisfactory returns for shareholders.
Return on Assets (ROA): M&amp;T Bank's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of 0.32%, the company showcases efficient use of assets and strong financial health.
Debt Management: M&amp;T Bank's debt-to-equity ratio is notably higher than the industry average. With a ratio of 0.53, the company relies more heavily on borrowed funds, indicating a higher level of financial risk.
<h2>Analyst Ratings: Simplified</h2>
Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually the upcoming five years, and how risky or predictable that company's revenue streams are.
Analysts attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish their ratings on stocks. Analysts typically rate each stock once per quarter or whenever the company has a major update.
Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.
If you want to keep track of which analysts are outperforming others, you can view updated analyst ratings along withanalyst success scores in <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.
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.

Breaking Down M&T Bank: 15 Analysts Share Their Views

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>UBS analyst Tasso Vasconcellos downgraded the rating for YPF Sociedad Anónima (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/YPF#NYSE">YPF</a>) from Buy to Neutral but raised the price target from $30 to $38. YPF shares closed at $40.15 on Tuesday. <a href="https://www.benzinga.com/quote/YPF/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>JP Morgan analyst Steven Alexopoulos downgraded the rating for M&amp;T Bank Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MTB#NYSE">MTB</a>) from Overweight to Neutral but raised the price target from $215 to $223.5. M&amp;T Bank shares closed at $214.33 on Tuesday. <a href="https://www.benzinga.com/quote/MTB/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Keybanc analyst Sophie Karp downgraded the rating for DTE Energy Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DTE#NYSE">DTE</a>) from Overweight to Sector Weight. DTE Energy shares closed at $122.98 on Tuesday. <a href="https://www.benzinga.com/quote/DTE/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Keefe, Bruyette &amp; Woods analyst Christopher Mcgratty downgraded First Citizens BancShares, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FCNCA#NASDAQ">FCNCA</a>) from Outperform to Market Perform but raised the price target from $2,100 to $2,500. First Citizens BancShares shares closed at $2,209.89 on Tuesday. <a href="https://www.benzinga.com/quote/FCNCA/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Keybanc analyst Sophie Karp downgraded the rating for Entergy Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ETR#NYSE">ETR</a>) from Overweight to Sector Weight. Entergy shares closed at $151.33 on Tuesday. <a href="https://www.benzinga.com/quote/ETR/analyst-ratings">See how other analysts view this stock.</a></li>
</ul>
Considering buying DTE stock? Here&#8217;s what analysts think: 
<figure class="wp-block-image size-large is-resized"><img loading="lazy" decoding="async" width="1024" height="563" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/04080108/image-34-1024x563.png" alt="" class="wp-image-676336" style="width:535px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/04080108/image-34-1024x563.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/04080108/image-34-300x165.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/04080108/image-34-768x422.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/04080108/image-34.png 1146w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
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</ul>

Downgrades

Pre-Market Outlook

This DTE Energy Analyst Is No Longer Bullish; Here Are Top 5 Downgrades For Wednesday

JP Morgan analyst Steven Alexopoulos downgrades M&amp;T Bank (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MTB#NYSE">MTB</a>) from Overweight to Neutral and raises the price target from $215 to $223.5.

JP Morgan Downgrades M&T Bank to Neutral, Raises Price Target to $223.5

The regional banking sector has spent much of the last two years making headlines for all the wrong reasons. <a href="https://www.fdic.gov/resources/resolutions/bank-failures/in-brief/2023">Bank failures</a> like Silicon Valley, Signature Bank, and First Republic Bank rocked the sector, and the SPDR Regional Banking ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KRE#NYSE">KRE</a>) dropped more than 40% at the end of 2023.
Investors remained on edge to start 2024 following another pair of failures, but the sector has rebounded following the Federal Reserve's rate-cut strategy and the 2024 U.S. presidential election results.
The incoming Trump administration is expected to replace several top regulators, such as Linda Khan (at the FTC), Rohit Chopra (CFPB), and Gary Gensler (SEC), which could create an atmosphere for more mergers and acquisitions through less stringent regulation.
Regional banks stand to be some of the biggest beneficiaries of this attitude change, and KRE has already jumped 18% in the last month.
Let&#8217;s take a look at five of the most promising regional bank stocks to buy ahead of the new crop of regulators.
<h2 class="wp-block-heading">How We Narrowed It Down to Six Stocks to Buy</h2>
Looser capital guidelines and diminished regulatory scrutiny will benefit plenty of firms in the finance sector. We trimmed our regional bank stock list down to five based on the following criteria:
<ul>
<li>Beneficiary of Relaxed Deregulation &#8211; Several banking rules involving capital requirements (like Basel III) and liquidity standards could be relaxed during a second Trump admin, in addition to a more friendly M&amp;A environment. Regional banks can't meet these requirements as efficiently as larger national banks, so deregulation often benefits smaller banks.</li>
<li>Valuation Metrics &#8211; The banks on our list have affordable stocks compared to their sector peers based on metrics like Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B) rates.</li>
<li>Dividend Yield &#8211; If you own bank stocks, you want to be compensated with stock price appreciation and dividend income. These regional banks all pay higher dividend yields than the industry average.</li>
</ul>
<h2 class="wp-block-heading">Top Six Regional Banks to Buy</h2>
Based on the above criteria, here are five regional bank stocks to consider adding to your portfolio before a second Trump administration, and its new crop of top regulators, sets up shop in Washington.
<h3 class="wp-block-heading">US Bancorp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/USB#NYSE">USB</a>)</h3>
US Bancorp&#8217;s roots date back to the Civil War when it was awarded the 24th national bank charter of the United States. Today, it&#8217;s one of the largest regional banks in the United States, with a market cap of over $83 billion and 68,000 employees. USB shares have lagged in 2024, with a 23% year-to-date gain compared to 30% from KRE, but looser regulations could be a tailwind as the bank <a href="https://www.usbank.com/about-us-bank/company-blog/article-library/us-bancorp-completes-acquisition-of-union-bank.html">acquired MUFG Union Bank</a> in 2022 to expand operations into California, Oregon, and Washington. The stock has reasonable fundamental metrics like a 16.5 P/E ratio and 1.97 P/S ratio and pays a 3.73% dividend yield.
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="395" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/29133051/USB-1024x395.png" alt="" class="wp-image-670667" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/29133051/USB-1024x395.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/29133051/USB-300x116.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/29133051/USB-768x296.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/29133051/USB.png 1364w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
<h3 class="wp-block-heading">KeyCorp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KEY#NYSE">KEY</a>)</h3>
KeyCorp has a market cap under $20 billion and less reach than bigger regional banks like US Bancorp, but the stock makes our list thanks to a combination of good value, high dividend yield, and potential growth from deregulation. The bank has two segments: Consumer Banking and Commercial Banking, with the commercial wing focused on small and mid-size business services. KeyBanc Capital Markets is the company's M/A wheelhouse, having negotiated more than 500 clients on mergers in the mid-size business space. KEY stock has the highest P/E ratio of banks on our list at 19.4 but rewards shareholders with a 4.17% dividend yield, and its P/B rate is bottom third in the sector at 1.3.
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="395" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/29133059/KEY-1024x395.png" alt="" class="wp-image-670668" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/29133059/KEY-1024x395.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/29133059/KEY-300x116.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/29133059/KEY-768x296.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/29133059/KEY.png 1364w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
<h3 class="wp-block-heading">Regions Financial Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RF#NYSE">RF</a>)</h3>
Regions Financial doesn't have a hundred-plus-year history like US Bancorp or KeyCorp, but it does offer a variety of banking and wealth management services to clients across the southern region. RF shares have actually outperformed KRE so far in 2024 (42% vs 30%), and its debt/equity level of 0.35 is the lowest of our selections, indicating a well-capitalized bank poised to benefit from more risk-taking. The stock pays a 3.66% dividend yield with a 13.4 P/E ratio and 1.48 P/B ratio.
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="395" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/29133104/RF-1024x395.png" alt="" class="wp-image-670669" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/29133104/RF-1024x395.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/29133104/RF-300x116.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/29133104/RF-768x296.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/29133104/RF.png 1364w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
<h3 class="wp-block-heading">Truist Financial Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TFC#NYSE">TFC</a>)</h3>
Formed during the merger of SunTrust Bank and BB&amp;T Corp, Truist Financial is the second-largest regional bank on our list, and one of the reasons is that KRE is up more than 30% this year. TFC shares have matched the regional banking ETF performance almost penny for penny in 2024, but the stock remains well below its 2022 all-time high. Truist has the lowest P/B ratio on our list at 1.08, pays a 4.36% dividend yield, and recently sold off its insurance and asset management subsidiaries to improve its liquidity and capitalization situation. Truist mainly serves states east of the Mississippi River but plans to expand operations in the Sun Belt. These plans could benefit from increased M/A activity and deregulation in the next few years.
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<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="395" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/29133110/TFC-1024x395.png" alt="" class="wp-image-670670" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/29133110/TFC-1024x395.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/29133110/TFC-300x116.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/29133110/TFC-768x296.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/29133110/TFC.png 1364w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
<h3 class="wp-block-heading">M&amp;T Bank (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MTB#NYSE">MTB</a>)</h3>
M&amp;T Bank (which stands for Manufacturers and Traders) is one of the nation&#8217;s oldest banks, with predecessors tracing back as far as 1856. MTB has a $36 billion market cap and pays a 2.45% dividend, the lowest on our list but easily sustained by the company's income. The stock has been one of 2024's biggest success stories, posting an astonishing 60% gain in 2024, which doubled the regional banking ETF. Following the bank's strong October earnings report, more gains could be on the horizon, causing many analysts to upgrade their ratings and price targets. M&amp;T Bank has a 16.3 P/E ratio and a 1.4 P/B ratio, and its net profit margin of 18.7 is bested only by Regions Financial.
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="395" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/29133115/MTB-1024x395.png" alt="" class="wp-image-670671" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/29133115/MTB-1024x395.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/29133115/MTB-300x116.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/29133115/MTB-768x296.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/29133115/MTB.png 1364w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
<h3 class="wp-block-heading">Discover Financial (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DFS#NYSE">DFS</a>)&nbsp;</h3>
Discover Financial has been linked with Capital One since the latter announced intentions to purchase the former for $35 billion in February. However, the deal has been in limbo since New York regulators began investigating the acquisition for possible antitrust violations. DFS shares traded in a tight range from July until the week of the election, but both DFS and COF stocks immediately gapped up on the Wednesday following Trump's victory. Investors anticipate the deal going through in a less harsh regulatory environment, so DFS shares could continue to rally in the weeks ahead.
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="395" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/29133121/DFS-1024x395.png" alt="" class="wp-image-670672" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/29133121/DFS-1024x395.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/29133121/DFS-300x116.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/29133121/DFS-768x296.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/29133121/DFS.png 1364w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
Keep in mind that campaign promises don't always materialize in reality, and the previous Trump administration was often as much bark as bite. Less regulation and more M&amp;A are expected, but investments based on political overtures are short-term bets by nature. Don't hang on to losing stocks if the regulatory environment we get is different than anticipated.
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Image via Midjourney

6 Regional Bank Stocks to Buy Before Trump Names New SEC Leadership

Piper Sandler analyst Frank Schiraldi maintains M&amp;T Bank (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MTB#NYSE">MTB</a>) with a Overweight and raises the price target from $205 to $243.

Piper Sandler Maintains Overweight on M&T Bank, Raises Price Target to $243

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 $216 to $243.

Goldman Sachs Maintains Neutral on M&T Bank, Raises Price Target to $243

M&T Bank shares are trading lower. The stock may be moving on continued weakness following a Citigroup ratings downgrade from Buy to Neutral on Monday.

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><a href="https://www.benzinga.com/analyst-stock-ratings/analyst/62cd59300ee57b0001a11a55/robert-cox">Goldman Sachs analyst Robert Cox</a> downgraded Arthur J. Gallagher &amp; Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AJG#NYSE">AJG</a>) from Buy to Neutral and maintained the price target of $313. Arthur J. Gallagher shares closed at $304.29 on Friday. <a href="https://www.benzinga.com/quote/AJG/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Citigroup analyst Keith Horowitz downgraded the rating for M&amp;T Bank Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MTB#NYSE">MTB</a>) from Buy to Neutral but raised the price target from $220 to $230. M&amp;T Bank shares closed at $221.12 on Friday. <a href="https://www.benzinga.com/quote/MTB/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Telsey Advisory Group analyst Joseph Feldman downgraded Five Below, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FIVE#NASDAQ">FIVE</a>) from Outperform to Market Perform and lowered the price target from $102 to $95. Five Below shares closed at $86.92 on Friday. <a href="https://www.benzinga.com/quote/FIVE/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Wells Fargo analyst Stephen Baxter downgraded the rating for HCA Healthcare, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HCA#NYSE">HCA</a>) from Equal-Weight to Underweight and slashed the price target from $400 to $320. HCA Healthcare shares closed at $324.93 on Friday. <a href="https://www.benzinga.com/quote/HCA/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Goldman Sachs analyst Tina Hou downgraded NIO Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NIO#NYSE">NIO</a>) from Neutral to Sell and lowered the price target from $4.8 to $3.9. Nio shares closed at $4.84 on Friday. <a href="https://www.benzinga.com/quote/NIO/analyst-ratings">See how other analysts view this stock.</a></li>
</ul>
Considering buying NIO stock? Here&#8217;s what analysts think: 
<figure class="wp-block-image size-full is-resized"><img loading="lazy" decoding="async" width="1010" height="601" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/25090521/image-269.png" alt="" class="wp-image-663428" style="width:583px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/25090521/image-269.png 1010w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/25090521/image-269-300x179.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/25090521/image-269-768x457.png 768w" sizes="(max-width: 1010px) 100vw, 1010px" /></figure>
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FIVE

This Nio Analyst Turns Bearish; Here Are Top 5 Downgrades For Monday

Citigroup analyst Keith Horowitz downgrades M&amp;T Bank (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MTB#NYSE">MTB</a>) from Buy to Neutral and raises the price target from $220 to $230.

Citigroup Downgrades M&T Bank to Neutral, Raises Price Target to $230

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 summarizes their recent ratings, showcasing the evolving sentiments within 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">0</td>
<td align="right">1</td>
<td align="right">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td align="right">1</td>
<td align="right">2</td>
<td align="right">3</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">3</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">0</td>
<td align="right">0</td>
</tr>
</tbody>
</table>
The 12-month price targets, analyzed by analysts, offer insights with an average target of $212.42, a high estimate of $232.00, and a low estimate of $190.00. Observing a 12.72% increase, the current average has risen from the previous average price target of $188.45. 
<img src="https://www.benzinga.com/files/images/story/2024/1731675661_0.png" alt="price target chart" />
<h2>Investigating Analyst Ratings: An Elaborate Study</h2>
A comprehensive examination of how financial experts perceive M&amp;T Bank is derived from recent analyst actions. The following is a detailed summary of 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>$205.00</td>
<td>$190.00</td>
</tr>
<tr>
<td>John Pancari</td>
<td>Evercore ISI Group</td>
<td>Raises</td>
<td>Outperform</td>
<td>$232.00</td>
<td>$210.00</td>
</tr>
<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>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to M&amp;T Bank. This insight gives a snapshot of analysts' perspectives on the current state of the company.</li>
<li>Rating: Analysts unravel qualitative evaluations for stocks, ranging from 'Outperform' to 'Underperform'. These ratings offer insights into expectations for the relative performance of M&amp;T Bank compared to the broader market.</li>
<li>Price Targets: Analysts provide insights into price targets, offering estimates for the future value of M&amp;T Bank's stock. This comparison reveals trends in analysts' expectations over time.</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>Unveiling the Story Behind M&amp;T Bank</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>Breaking Down M&amp;T Bank's Financial Performance</h3>
Market Capitalization: Surpassing industry standards, the company's market capitalization asserts its dominance in terms of size, suggesting a robust market position.
Negative Revenue Trend: Examining M&amp;T Bank's financials over 3 months reveals challenges. As of 30 September, 2024, the company experienced a decline of approximately -0.13% in revenue growth, reflecting a decrease in 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: 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): 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 excels beyond industry benchmarks, reaching 0.32%. This signifies efficient management of assets and strong financial health.
Debt Management: M&amp;T Bank's debt-to-equity ratio surpasses industry norms, standing at 0.53. This suggests the company carries a substantial amount of debt, posing potential financial challenges.
<h2>How Are Analyst Ratings Determined?</h2>
Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.
Beyond their standard evaluations, some analysts contribute predictions for metrics like growth estimates, earnings, and revenue, furnishing investors with additional guidance. Users of analyst ratings should be mindful that this specialized advice is shaped by human perspectives and may be subject to variability.
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.

Navigating 12 Analyst Ratings For M&T Bank

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 $190 to $205.

Wells Fargo Maintains Underweight on M&T Bank, Raises Price Target to $205

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CADE

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ZION

Shares of banking and private equity stocks are trading higher after Donald Trump won the US presidential election.

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.

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

U.S. watchdog caps bank overdraft fees

In a report released on December 11, Gerard Cassidy from RBC Capital maintained a Buy rating on M&T Bank (MTB – Research Report), with a price targ...

M&T Bank (MTB) Receives a Rating Update from a Top Analyst

Pioneer Mid Cap Value Fund Q3 2024 Performance And Market Commentary

Financials allocations top all-time high – BofA's Global FMS

Effective December 19, M&T Bank will decrease its prime lending rate from 7.75% to 7.50%. Published first on TheFly – the ultimate source for real-...

M&T Bank to decrease prime lending rate to 7.50% from 7.75% on December 19

Hartford MidCap Value Fund Q3 2024 Commentary

RayJay tweaks ratings on U.S. Bancorp, other banks ahead of 2025

Wall Street's take on the regional banking sector for 2025

In a report released today, Manan Gosalia from Morgan Stanley maintained a Buy rating on M&T Bank (MTB – Research Report), with a price target of $...

Morgan Stanley Sticks to Its Buy Rating for M&T Bank (MTB)

Morgan Stanley turns more positive on U.S. midcap banks after sector slump

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Press Releases

M&T Bank Corporation to Participate in the BancAnalysts Association of Boston Conference

Wilmington Trust Names Lisa Roberts Head of Wealth Management

M&T Bank Decreases Prime Rate

M&T Bank Corporation to Participate in the Goldman Sachs Financial Services Conference

Dividends

M&T Bank Corporation Announces Fourth Quarter Common Stock Dividend

Clara Capital Announces New Treasury Banking Relationship With M&T Bank Corporation

M&T Bank Corporation Announces Conference Call Dates to Review Quarterly 2026 Earnings and Revised Dates to Review 2025 Earnings

M&T Bank Names Shannon Lazare as New Jersey Regional President

M&T Bank Corporation Announces Fourth Quarter and Full-Year 2024 Earnings Release and Conference Call

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