M&T Bank Stock News

M&T Bank Corp (NYSE: MTB) received a significant boost on October 4 when Wolfe Research upgraded the stock to Outperform from Peer Perform, raising the price target to $210 from $187. This new target implies a potential upside of 22% from the current trading price, reflecting strong confidence in the bank's future performance.

Initiative designed to advance financial inclusion and prosperity throughout New England, Long Island and New York's Westchester County BUFFALO, N.Y. , Oct. 3, 2024 /PRNewswire/ -- The M&T Charitable Foundation, the philanthropic arm of M&T Bank (NYSE: MTB), today launched the third phase of its Amplify Fund.

Bank stocks have been on quite a tear as interest rates have declined. But many appear to have room to run as the cost for deposits goes down.

BUFFALO, N.Y. , Sept. 18, 2024 /PRNewswire/ -- Effective Thursday, September 19, 2024, M&T Bank Corporation ("M&T") (NYSE:MTB) will decrease its prime lending rate from 8.50% to 8.00%.

BUFFALO, N.Y. , Sept. 5, 2024 /PRNewswire/ -- M&T Bank Corporation ("M&T") (NYSE: MTB) plans to announce its third quarter 2024 earnings results in a press release that will be issued before the market opens on Thursday, October 17, 2024.

When interest rates rose and banking became a more difficult business, New York Community Bancorp quickly found itself in need of a bailout. M&T Bank faced the same difficult conditions and hasn't skipped a beat.

BUFFALO, N.Y. , Aug. 20, 2024 /PRNewswire/ -- M&T Bank Corporation ("M&T") (NYSE:MTB) announced that it has declared a quarterly cash dividend of $1.35 per share on its common stock.

M&T Bank Corp. was downgraded to underweight from equal-weight at Wells Fargo on Thursday as one analyst said the regional-banking giant faces potential downside from its exposure to lower interest rates and competition from larger players in mid-tier cities.