M&T Bank Corporation which can be found using ticker (MTB) now have 18 market analysts covering the stock. The analyst consensus now points to a rating of ‘buy’. The range between the high target price and low target price is between $220.00 and $127.05 calculating the average target price we see $180.85. Now with the previous closing price of $175.42 this would indicate that there is a potential upside of 3.1%. It’s also worth noting that there is a 50 day moving average of $168.72 and the 200 day moving average is $149.65. The market capitalization for the company is 29.75B. The stock price is currently at: $178.12 USD
The potential market cap would be $30,666,987,612 based on the market consensus.
The company is not paying dividends at this time.
Other points of data to note are a P/E ratio of 13.21, revenue per share of $50.94 and a 1.13% return on assets.
M&T Bank Corporation is a bank holding company. The Company’s bank subsidiaries include Manufacturers and Traders Trust Company and Wilmington Trust, N.A. It offers retail and commercial banking, and others. Its segments include Business Banking, Commercial Banking, Commercial Real Estate, Discretionary Portfolio, Residential Mortgage Banking and Retail Banking. Business Banking segment provides business loans and leases, including business credit cards, deposit products, and financial services. Commercial Banking segment provides credit products and banking services for middle-market and commercial customers. Discretionary Portfolio includes investment and trading account securities, residential real estate loans and other assets. Residential Mortgage Banking segment services residential mortgage loans and sells loans in secondary market to investors. Retail Banking segment offers services through delivery channels, which include branch offices, automated teller machines, and others.
