M&T Bank Corporation (MTB)
Financials3 articles
Price chart
Why is MTB moving today?
-1.5%MTB is -1.5% today, inside the ordinary range for a session (under 3%). No stories about it reached the feed in the last 24 hours.
What this does not prove. A story on the same day is evidence of timing, not of cause: it explains a move only if it accounts for the size and the direction, and most single-stock moves carry a sector or index component too. Nothing here is a forecast.
Source: Yahoo Finance - quote as of 2 days ago
M&T Bank Corporation (MTB) overview
M&T Bank is a U.S. regional bank.
MTB is a member of the S&P 500. It sits in the Financials sector. That sector covers banks, insurers and capital-markets firms at the center of the economy.
M&T Bank Corporation trades on the NYSE under the ticker symbol MTB. The most recent market data puts the share price at about $215.28. That is down 1.54% on the session. At that price the company is worth roughly $31.09B.
Over the past 52 weeks, MTB has traded between $179.32 and $255.95. Shares change hands at a trailing price-to-earnings (P/E) ratio of about 11.4. The P/E ratio sets the share price against a year of earnings. A higher number means the market is paying more for each dollar the company earns. MTB also pays a dividend. It yields around 2.79% at the current price.
Key statistics
Source: Yahoo Finance - quote as of 2 days ago
Informational only, not financial advice. Content is AI-generated and may contain errors. How this works.
Why investors watch MTB
MTB is one of the larger names in the Financials sector, so investors follow it closely. It tends to move with the rest of the sector. This page sums up each MTB story as it breaks, and tags it bullish, bearish or neutral.
What moves MTB
- Earnings. MTB reports results four times a year. A surprise against the estimate tends to move the stock that day.
- Analyst calls. Upgrades, downgrades and new price targets change what the market expects from MTB.
- Sector news. Financials stocks often move together, so a rival's news can move MTB too.
Market Mood
Latest MTB news
M&T Bank Corp (MTB) Form 4 Filed on July 16, 2023
M&T Bank Corp (MTB) filed a Form 4 with the SEC on July 16, 2023. This document typically reports insider transactions involving the company's securities, such as purchases or sales of stock by executives or board members. These filings are significant as they can indicate insider confidence or concerns regarding the company's future performance. Monitoring such filings can provide investors with insights into the activities of senior management, which may influence stock performance.
Read More: M&T Bank Corp (MTB) Form 4 Filed on July 16, 2023
M&T BANK CORP (MTB) Files Form 144 on June 4, 2023
M&T Bank Corporation (MTB) filed Form 144 on June 4, 2023. This form is typically filed when an individual plans to sell shares for which a trading plan has been established under Rule 144. Such filings are important for transparency as they indicate insider selling activities and can impact investor sentiment. The specific number of shares involved in this filing was not disclosed, but the date suggests it could reflect upcoming liquidity events related to share sales.
Read More: M&T BANK CORP (MTB) Files Form 144 on June 4, 2023
M&T Bank (MTB) Faces Margin Pressure Amid Credit Market Shifts
M&T Bank (MTB) is experiencing margin pressure due to recent shifts in credit market conditions. The company’s profitability could be impacted as interest rates fluctuate and loan demand changes. Investors should closely monitor the bank's financial ratios and credit quality metrics as they reflect its operational health. This development could influence stock performance in the near term, affecting investor sentiment and trading decisions.
Read More: M&T Bank (MTB) Faces Margin Pressure Amid Credit Market ShiftsMore Financials stocks
Frequently asked questions
Is M&T Bank Corporation in the S&P 500?
Yes. M&T Bank Corporation trades as MTB and is a member of the S&P 500. The index lists it in the Financials sector.
What sector is MTB in?
MTB sits in the Financials sector of the S&P 500.
Where can I find the latest MTB news?
Right here. This page collects recent MTB news and market analysis. Every story gets an AI summary and a bullish, bearish or neutral tag.
What is M&T Bank Corporation's stock price?
MTB last traded at about $215.28. Prices move all through the session, so this is the latest quote rather than a live one.
What is M&T Bank Corporation's market cap?
MTB is worth roughly $31.09B. Market cap is the share price times the number of shares outstanding.
What is MTB's P/E ratio?
MTB trades at a trailing P/E ratio of about 11.4. The ratio compares the share price with earnings per share over the past year.