M&T Bank Corporation (MTB) Analysts See $3.15 EPS as of July, 18

June 27, 2018 - By Ronnie Lemelle

M&T Bank Corporation (NYSE:MTB) Corporate Logo
Big Money Sentiment increased to 1.02 in Q1 2018. It has change of 0.21, from 2017Q4’s 0.81. The ratio is positive due to M&T Bank Corporation positioning: 32 sold and 180 reduced. 70 funds bought positions and 146 increased positions. Investors holded 112.08 million in 2017Q4 but now own 110.68 million shares or 1.25% less.
Morgan Stanley reported 0.01% in M&T Bank Corporation (NYSE:MTB). Focused Wealth Mngmt Inc stated it has 0.04% in M&T Bank Corporation (NYSE:MTB). Asset One Communication Limited invested in 219,368 shs. Fifth Third Bankshares owns 0% invested in M&T Bank Corporation (NYSE:MTB) for 862 shs. Legal & General Group Public Limited Company invested in 0.1% or 691,812 shs. Amer Century stated it has 1.49 million shs or 0.28% of all its holdings. Horizon Kinetics Lc has invested 0.06% of its capital in M&T Bank Corporation (NYSE:MTB). Kentucky Retirement Systems Ins Tru Fund reported 3,438 shs stake. Moreover, Schwab Charles Mngmt Inc has 0.08% invested in M&T Bank Corporation (NYSE:MTB). Moreover, Stanley has 0.19% invested in M&T Bank Corporation (NYSE:MTB). Benin Management has 1,855 shs for 0.15% of their capital. Hartford Invest Mngmt invested in 28,635 shs or 0.11% of the stock. Richard Bernstein Advsr Ltd Co invested 0.06% of its capital in M&T Bank Corporation (NYSE:MTB). Btim Corp accumulated 0.17% or 60,737 shs. Df Dent And Communication Inc has invested 0.01% of its capital in M&T Bank Corporation (NYSE:MTB).

M&T Bank Corporation had 11 sales and 0 insider purchases since January 22, 2018. This’s net activity of $14.05 million. Warman D Scott N also sold $4.15 million worth of M&T Bank Corporation (NYSE:MTB) on Monday, January 22. King Darren J had sold 3,834 shs worth $732,461 on Monday, January 29. On Wednesday, January 31 Todaro Michael J. had sold 1,025 shs worth $195,148. Shares for $194,850 were sold by SADLER ROBERT E JR. On Tuesday, January 23 Trolli Michele D also sold $1.12 million worth of M&T Bank Corporation (NYSE:MTB). On Wednesday, January 31 a trade for 4,904 shs valued at $939,116 was made by Gold Richard S.

M&T Bank Corporation (NYSE:MTB)’s earnings report is anticipated on July, 18., according to RTT. Analysts forecast $3.15 EPS, which is $0.77 up or 32.35 % from 2017’s $2.38 EPS. If reported the P/E will be 13.60 with $457.50M profit. After $2.94 EPS was published last quarter, analysts now see EPS growth of 7.14 % for M&T Bank Corporation. MTB is reaching $171.38 during the last trading session, after increased 0.71%.M&T Bank Corporation has volume of 370,593 shares. Since June 27, 2017 MTB has risen 11.09% and is uptrending. MTB underperformed the S&P500 by 1.48%.

M&T Bank Corporation (NYSE:MTB) Ratings Coverage

In total 11 analysts cover M&T Bank (NYSE:MTB). “Buy” rating has 4, “Sell” are 1, while 6 are “Hold”. (NYSE:MTB) has 36% bullish analysts. 20 are the (NYSE:MTB)’s ratings reports on Jun 27, 2018 according to StockzIntelligence Inc. On Wednesday, April 18 the firm has “Equal-Weight” rating by Morgan Stanley given. The company rating was maintained by Jefferies on Monday, April 16. On Monday, February 26 the firm has “Hold” rating by Keefe Bruyette & Woods given. On Thursday, January 18 the company was maintained by Piper Jaffray. On Wednesday, April 18 the stock of M&T Bank Corporation (NYSE:MTB) earned “Neutral” rating by Robert W. Baird. On Thursday, January 18 the stock of M&T Bank Corporation (NYSE:MTB) earned “Sell” rating by Robert W. Baird. On Tuesday, April 10 UBS downgraded M&T Bank Corporation (NYSE:MTB) to “Sell” rating. On Monday, January 8 Jefferies maintained M&T Bank Corporation (NYSE:MTB) rating. Jefferies has “Buy” rating and $201.0 target. On Friday, April 6 the stock of M&T Bank Corporation (NYSE:MTB) earned “Hold” rating by Piper Jaffray. On Tuesday, February 6 the stock of M&T Bank Corporation (NYSE:MTB) has “Hold” rating given by Wedbush.

M&T Bank Corporation operates as the holding firm for Manufacturers and Traders Trust Company and Wilmington Trust, National Association that provide retail and commercial banking services.The firm is worth $24.89 billion. The companyÂ’s Business Banking segment offers deposit, lending, cash management, and other financial services to small businesses and professionals.19.44 is the P/E ratio. The Company’s Commercial Banking segment provides commercial lending and leasing, letters of credit, deposit products, and cash management services to middle-market and large commercial customers.

M&T Bank Corporation (NYSE:MTB) Institutional Investors Chart

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