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

June 27, 2018 - By Michael Higginson

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 improved due to M&T Bank Corporation positioning: 32 sold and 180 reduced. 70 funds took holdings and 146 increased holdings. Investors holded 112.08 million in 2017Q4 but now own 110.68 million shares or 1.25% less.
Zeke Ltd Liability Company reported 0.1% of its capital in M&T Bank Corporation (NYSE:MTB). Crawford Inv Counsel has 2.29% invested in M&T Bank Corporation (NYSE:MTB) for 393,751 shs. Carlson Cap Limited Partnership accumulated 68,400 shs or 0.19% of the stock. Metropolitan Life Insurance Ny accumulated 23,152 shs. California Public Employees Retirement Systems holds 387,562 shs. 4,125 are owned by Girard Limited. Loomis Sayles And Communications Limited Partnership holds 430,006 shs or 0.17% of its capital. Woodmont Invest Counsel Ltd Liability Corporation stated it has 0.4% of its capital in M&T Bank Corporation (NYSE:MTB). Tdam Usa holds 0.02% or 2,211 shs. Deutsche Retail Bank Ag, Germany-based fund reported 331,161 shs. Brown Advisory Securities Limited Liability Corporation, a Maryland-based fund reported 6,492 shs. Pnc Services Gru Incorporated has invested 0.04% of its capital in M&T Bank Corporation (NYSE:MTB). Qci Asset Management Ny accumulated 1,054 shs or 0.02% of the stock. Speece Thorson Capital Group holds 3.85% or 114,892 shs. Liberty Mutual Group Inc Asset Management reported 6,055 shs.

M&T Bank Corporation had 11 insider sales and 0 buys since January 22, 2018. This’s net activity of $14.05 million. Todaro Michael J. also sold $126,712 worth of M&T Bank Corporation (NYSE:MTB) shs. Bojdak Robert J also sold $207,274 worth of M&T Bank Corporation (NYSE:MTB) shs. Shares for $4.15 million were sold by Warman D Scott N. $177,957 worth of stock was sold by Siddique Sabeth on Thursday, April 26. SADLER ROBERT E JR sold 1,000 shs worth $194,850. King Darren J had sold 3,834 shs worth $732,461.

M&T Bank Corporation (NYSE:MTB)’s earnings report is expected on July, 18., according to Zacks. This year’s earnings per share analyst estimate is expected to be $3.15. That is 32.35 % up compareed to $2.38 earnings per share for last year. The profit will be $457.50M for MTB if $3.15 earnings per share becomes true. 7.14 % EPS growth is what Wall Street’s sees after $2.94 reported EPS last quarter. 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. The stock underperformed the S&P 500 by 1.48%.

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

A total of 11 analysts rate M&T Bank (NYSE:MTB) as follows: 4 “Buy”, 6 “Hold” and 1 “Sell”. Тherefore 36% are bullish. (NYSE:MTB) has 20 ratings reports on Jun 27, 2018 according to StockzIntelligence. On Thursday, January 18 the stock has “Buy” rating by RBC Capital Markets. In Monday, February 26 report Keefe Bruyette & Woods maintained it with “Hold” rating and $201.0 target. The stock rating was maintained by Barclays Capital with “Overweight” on Monday, February 26. On Wednesday, April 18 the rating was upgraded by Robert W. Baird to “Neutral”. On Tuesday, April 17 the company was maintained by Wedbush. On Tuesday, January 2 Robert W. Baird maintained the shares of MTB in report with “Sell” rating. In Monday, April 16 report Jefferies maintained the stock with “Buy” rating. On Thursday, January 18 the firm has “Hold” rating by Piper Jaffray given. On Monday, February 5 Keefe Bruyette & Woods maintained M&T Bank Corporation (NYSE:MTB) rating. Keefe Bruyette & Woods has “Hold” rating and $197.0 target. On Tuesday, April 10 UBS downgraded the shares of MTB in report to “Sell” rating.

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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