Stock·NYSE·Financial Services
M&T Bank (MTB)
- Market cap
- $31.20B
- P/E
- 11.66
- Dividend yield
- 2.79%
- Street target
- $250.00median of 22 analysts
- 52-week range
- $179.32 $255.95
The short version
Where MTB stands today, in four lines, and what CleaRank Financial AI makes of it.
MTB at a glance
M&T Bank (MTB): Hold, 49/100 on CleaRank's AI score.
- Trend Down: the price is below both its 50- and 200-day moving averages ($232.19 and $224.52).
- Earnings MTB beat estimates in 4 of its last 5 quarters, yet fell the next day after 1 of those beats.
- Insiders Insiders sold $36.8M and made no open-market purchases over the last 18 months.
- Valuation P/E of 11.7 against 16.5 for the Financial Services sector: a discount to peers (-29%).
Figures as of October 17, 2026.
CleaRank Financial AI
CleaRank rates M&T Bank (MTB) Hold, with a model score of 49/100.
Valuation lifts the score most: the P/E of 11.66 is 29.4% below the sector median (a discount to peers) and the P/S of 3.35 is 11.8% below the sector median. The trend holds it back most: the price is 4.11% below its 200-day average and 7.28% below its 50-day average. The 50-day average stands at $232.19 and the 200-day at $224.52. Over the past year the price rose 20.52%.
Only on CleaRank
Figures we compute ourselves from MTB's own price, earnings and insider-filing history. Tap one to see it in context.
Price and trading
The chart, today's range and how far the price has moved over each period.
Trend checks
1/4Price above its 50-day average ›
The price of $215.28 is 7.3% below the 50-day simple moving average of $232.19.Price above its 200-day average ›
The price is 4.1% below the 200-day simple moving average of $224.52.50-day average above the 200-day ›
The 50-day average ($232.19) is 3.4% above the 200-day average ($224.52), the arrangement of a rising longer-term trend.In the upper half of its 52-week range ›
The price sits at 47% of its 52-week range, between $179.32 and $255.95.
MTB share price
Pick a period: each tab shows how far MTB has moved over it, to the last close.
Today's trading
Where MTB sits inside today's range and its 52-week range.
Fundamentals
Valuation against the sector, and the revenue and earnings behind it.
Valuation and quality checks
5/5P/E below the sector median ›
The trailing P/E of 11.66 is 29.4% below the Financial Services median of 16.5.P/S below the sector median ›
The price-to-sales ratio of 3.35 is 11.8% below the sector median of 3.8.Profitable over the last 12 months ›
Net income over the last 12 months was $2.9B on revenue of $9.5B, a net margin of 30.4%.Beat estimates in most recent reports ›
MTB beat the EPS estimate in 4 of its last 5 reports.Pays a dividend ›
The trailing dividend yield is 2.79%, or $6.00 a share a year.
Key statistics
The headline figures for MTB.
As of October 17, 2026, MTB trades at $215.28, with a market value of $31.20B, a P/E ratio of 11.66 and a dividend yield of 2.79%.
What the numbers say
CleaRank Financial AI's reading of MTB's valuation, growth and risks.
Against the Financial Services median trailing P/E of 16.5, MTB's own trailing P/E of 11.66 is 29.4% lower, and the peer comparison on this page calls that a discount to peers. On sales, the P/S of 3.35 is 11.8% under the sector median of 3.8. Market value stands at $31.2B, and trailing earnings come to $18.76 per share.
Revenue grew 6.20% over the latest year, which is 5.5 percentage points behind the 11.7% median for Financial Services. Profitability shows a net margin of 32.09% and an operating margin of 45.11%. It generates a return on equity of 10.74%, below the sector median of 13.8%. It also reports debt-to-equity of 0.01 and a trailing dividend yield of 2.79% ($6.00 a share a year).
MTB's most recent quarterly report, released on July 15, 2026, showed EPS of $5.32. Analysts had expected $4.66, so the company beat the estimate by 14.16%. In the first session after the release, the share price went up 2.22%.
MTB beat the EPS estimate in 4 of its last 5 reports; even so, 1 of those 4 beats was followed by a lower share price the next session. The consensus EPS estimate stands at $19.28 for this fiscal year and $21.05 for next, growth of 13.4% for the current year.
Daily swings are the first thing to plan around, since MTB moves 1.05% on an average session. The downtrend carries its own risk for as long as the price remains beneath both moving averages. The price is 15.89% under the 52-week high of $255.95. Insiders sold $36.8M of stock over the last 18 months and made no open-market purchases. Insider sales are often planned ahead or made to cover tax on vesting shares, so they are a weaker signal than open-market buying.
MTB against the Financial Services sector
How MTB compares with the median Financial Services stock CleaRank tracks.
Price to earnings vs sector: MTB trades at a notable discount to sector peers (-29%), which may indicate undervaluation or specific company headwinds.
Return vs XLF: Since May 6, 2025, MTB has gained 24.8% against a gain of 12.9% for XLF.
Performance against XLF
MTB and the Financial Services sector fund over the same days.
Revenue and earnings
How much MTB sells, and how much of it becomes profit.
Revenue growth: Revenue grew 4.3% in FY2025 to $9.6B, from $9.2B a year earlier.
Profit margin: The net margin was 29.6% in FY2025, up from 28.0% the year before.
Profitable: MTB earned $2.9B in FY2025.
Earnings reality check
Did MTB beat what analysts expected, and how did the stock react?
Earnings record: MTB beat the analyst estimate in 4 of the last 5 quarters.
Market reaction: The stock fell in the first session after 1 of those 4 beats, so a beat has not been enough on its own.
| Report | Estimate | Actual | Surprise | First session | 5 sessions |
|---|---|---|---|---|---|
| Jul 15, 2026after close | $4.66 | $5.32 | +14.16% | +2.22% | +0.89% |
| Apr 15, 2026after close | $4.02 | $4.13 | +2.74% | -0.07% | +0.22% |
| Oct 16, 2025after close | $4.39 | $4.82 | +9.79% | +1.14% | +1.38% |
| Jul 16, 2025after close | $4.01 | $4.24 | +5.74% | +1.60% | +1.71% |
| Apr 14, 2025after close | $3.40 | $3.32 | -2.35% | +0.69% | +2.21% |
As of October 17, 2026, MTB has beaten the analyst EPS estimate in 4 of its last 5 reported quarters and fell in the first trading session after 1 of those beats; its latest report, on July 15, 2026, came in 14.16% above the estimate and the stock moved +2.22% in the first session.
The first session is the first full trading day on the news: the report day itself for a report before the open, the next day for one after the close. Surprise is actual EPS against the consensus estimate.
AI analysis and technicals
CleaRank's score and reasoning, the indicators behind it, and what the price moves with.
Momentum checks
1/3RSI not overbought or oversold ›
The 14-day RSI is 34.8, showing bearish momentum without being oversold.RSI above 50 ›
An RSI of 34.8 is below the 50 midpoint, so sellers have had the upper hand over the last 14 days.MACD line above zero ›
The MACD line is negative, so the 12-day average is below the 26-day average.
CleaRank AI analysis of MTB
The score, the reasoning behind it, and what could move the price next.
M&T Bank (MTB) changes hands at $215.28, which leaves it under both of its main moving averages. The price is 7.28% below its 50-day average of $232.19 and 4.11% below its 200-day average of $224.52. Within its 52-week range, running from $179.32 up to $255.95, the stock sits at 47%.
A recent pullback sits inside a stronger longer record: the price fell 4.75% over the past month, fell 13.63% over the past three months and rose 20.52% over the past year. On momentum, the 14-day RSI reads 34.8, in the bearish zone, above the oversold line, with the MACD line negative. The price fell 1.54% in the last session on volume 84.6% above its average.
Earnings beat ›
The July 15, 2026 report beat the EPS estimate by 14.16%, and the share price rose 2.22% in the first session after it.
Source: Earnings report, July 15, 2026Rating reaffirmed ›
TD Cowen kept its Hold rating on October 8, 2026.
Source: Analyst action, TD Cowen, October 8, 2026
New analyst coverage ›
Raymond James started coverage at Outperform on October 7, 2026.
Source: Analyst action, Raymond James, October 7, 2026
- Keep an eye on the two closest levels: the 20-day EMA at $220.55 overhead and the 52-week low at $179.32 underneath.
- The 14-day RSI reads 34.8, in the bearish zone, with the MACD line negative; readings above 70 or below 30 mark stretched momentum.
- The share price climbed 2.22% in the first session after the July 15, 2026 report. Across the last 5 reports, MTB has beaten estimates in 4 of them.
The downtrend stays in place while MTB is below both its 50-day average at $232.19 and its 200-day average at $224.52; a close back above the 200-day would be the first step of a repair. The 20-day EMA at $220.55 is the first hurdle overhead.
The 52-week low at $179.32 is the next level below. The RSI sits in the bearish band, which leans against a quick recovery.
Technical indicators
Momentum and trend for MTB, from its daily closes.
As of October 17, 2026, with MTB at $215.28, its 14-day RSI is 34.8 (showing bearish momentum without being oversold), its 50-day simple moving average is $232.19 and its 200-day is $224.52.
Calculated by CleaRank on daily closes as of October 17, 2026: Wilder's 14-day RSI, 50- and 200-day simple moving averages, MACD line (12, 26).
What MTB moves with
Correlation of daily returns over one year: +1 moves in step, 0 has no link, -1 moves the opposite way.
As of October 17, 2026, MTB's 1-year correlation of daily returns is +0.57 with S&P 500 (SPY), +0.43 with Nasdaq 100 (QQQ), +0.08 with Bitcoin (BTC) and +0.00 with gold (XAU).
What Wall Street expects
The analysts' target range and how their ratings split.
Analysts checks
2/3Most analysts rate it a buy ›
6 of 22 analysts rate it a buy or strong buy, 15 a hold and 1 a sell.Median target above the price ›
The median 12-month target of $250.00 is 16.1% above the price.More buy ratings than three months ago ›
6 of 22 rate it a buy now, against 4 of 20 three months ago.
MTB Wall Street View
12-month price targets
The price, $215.28, sits below every analyst's target.
Ratings
Recent rating actions
| Date | Firm | Action | Rating |
|---|---|---|---|
| Oct 8, 2026 | TD Cowen | Reinstates | Hold |
| Oct 7, 2026 | Raymond James | Initiates | Outperform |
| Oct 5, 2026 | UBS | Maintains | Neutral |
| Oct 2, 2026 | JP Morgan | Maintains | Neutral |
| Oct 1, 2026 | Evercore ISI Group | Maintains | In-Line |
| Sep 28, 2026 | Morgan Stanley | Maintains | Overweight |
As of October 17, 2026, 22 Wall Street analysts cover MTB: 6 rate it a buy or strong buy, 15 a hold and 1 a sell or strong sell. Their 12-month price targets range from $224.00 to $301.00, with a median of $250.00, 16.1% above the price of $215.28.
Source: TwelveData analyst consensus. Targets and ratings belong to the analysts, not to CleaRank.
A trade plan, if you want one
Entry, stop and target levels from the moving averages and recent volatility. Educational, not advice.
MTB trade plan
Entry, stop and target levels, sized to your account. Change the bias or the risk and every level updates.
Entry Strategies pick an entry style
Risk management
Profit targets (Based on Conservative Entry)
These levels come from MTB's moving averages and recent volatility, not from a forecast. Educational levels, not financial advice; the full disclaimer is at the foot of the page.
Risk profile
How much MTB tends to move, against the market and on its own.
The long record
MTB's worst falls and recoveries, what $10,000 became, and which months have been kind to it.
Track record checks
3/4Average daily move under 2% ›
The price has moved 1.05% on an average day (30-day standard deviation of daily returns).Recovered from its worst fall ›
The worst fall was 52.4%, from March 2018 to May 2020, regained by January 2022.Most 1-year holds ended higher ›
63% of 1-year holding periods in the last 10 years ended with a gain.Beat the S&P 500 since the chart begins ›
$10,000 invested in October 2016 is now worth $25,083, against $42,055 in the S&P 500 (SPY).
MTB Drawdowns & Recovery
As of October 17, 2026, MTB's worst peak-to-trough fall over the last 10 years with dividends reinvested was -52.4% (March 2018 to May 2020); it regained that peak by January 2022, 20 months after the low, and 63% of 1-year holding periods ended with a gain.
From weekly closing values with dividends reinvested. A drawdown is the fall from the highest value reached so far to a later low.
Growth of $10,000
What $10,000 put into MTB in October 2016 is worth now, against the same amount in the S&P 500.
Against the market: MTB trailed the S&P 500 over this period: $25,083 against $42,055.
A $10,000 investment in MTB in October 2016 would be worth about $25,083 today with dividends reinvested, compared with about $42,055 for the same investment in the S&P 500 benchmark (also with dividends reinvested).
Seasonal patterns
Which calendar months have been kind to MTB, and which have not.
Strongest month, November: an average of +8.50%, up in 9 of 10 years.
Weakest month, March: an average of -8.00%, up in 1 of 10 years.
This month, October: has averaged -0.63%, up in 4 of 9 years. Past seasonality does not repeat on schedule.
Over the last 10 years, MTB's strongest calendar month has been November (average +8.50%, up in 9 of 10 years) and its weakest March (average -8.00%, up in 1 of 10 years).
Average return for each calendar month over the last 10 years, from weekly closing prices with dividends included.
Long-term scenarios
Thousands of simulated paths from the price history. A range of outcomes, not a forecast.
Monte Carlo projection
Thousands of simulated paths for $10,000 in MTB, from its own past volatility. The shaded area holds 80% of them.
CleaRank's 10-year Monte Carlo simulation projects that a $10,000 investment in MTB today could grow to about $18,609 by 2036 in the base case, with a 90th-percentile outcome near $69,971 and a 10th-percentile outcome around $4,949. The simulation models price only; at today's 2.79% yield, dividends would add to these figures. Projections are statistical simulations, not guarantees.
MTB Stock Price Prediction: 2030
The same simulation in share prices, year by year.
CleaRank's simulation projects a price near $276 for MTB by 2030 in the base case, from $215 today (1.3x over 4 years). The 10th-percentile path ends near $119. These are outcomes of a Monte Carlo simulation run on MTB's historical return distribution, not price targets, and they assume no dividends are reinvested.
| Year | 10th percentile | Base case | 90th percentile | range base today |
|---|---|---|---|---|
| 2027 | $151 | $229 | $348 | |
| 2028 | $135 | $244 | $441 | |
| 2029 | $126 | $259 | $536 | |
| 2030 | $119 | $276 | $638 | |
| 2031 | $115 | $294 | $749 |
Method: a lognormal simulation of MTB's own volatility and capped historical trend, re-run daily; base case is the median path, the outer columns the 10th and 90th percentiles.
Insider trading
What the people running the company have bought and sold.
MTB insider trading
Shares the company's directors and officers bought and sold, from their own filings.
Month by month
Open-market purchases above the line, sales below.
Insider buying: No insider bought MTB shares on the open market in the last 18 months. Sales are often planned in advance or cover tax on vesting shares, so they say less than purchases would.
As of October 17, 2026, MTB insiders reported 27 open-market sales worth $36.8M and no open-market purchases over the last 18 months; grants and option exercises are not counted.
| Date | Insider | Type | Shares | Value |
|---|---|---|---|---|
| Sep 14, 2026 | Rene F. Jones
Chief Executive Officer
|
Sell | 19.4K | $4.6M |
| Sep 14, 2026 | Rene F. Jones
Chief Executive Officer
|
Option | 16.8K | $3.2M |
| Aug 21, 2026 | Rudina Seseri
Director
|
Sell | 623 | $150.2K |
| Aug 17, 2026 | John R Taylor
Officer
|
Sell | 1.2K | $308.9K |
| Aug 5, 2026 | Kirk W Walters
Director
|
Sell | 9 | $2.4K |
| Aug 3, 2026 | Richard H. Ledgett Jr.
Director
|
Sell | 855 | $212.2K |
| Jul 31, 2026 | Jeremy M Jacobs Jr
Director
|
Grant | 589 | - |
| Jul 15, 2026 | Kevin J Pearson
Officer
|
Sell | 2.0K | $484.0K |
| Jul 1, 2026 | Tracy S Woodrow
Officer
|
Sell | 881 | $213.2K |
| Jul 1, 2026 | Tracy S Woodrow
Officer
|
Option | 881 | $154.8K |
| Jun 15, 2026 | John R Taylor
Officer
|
Sell | 1.1K | $256.1K |
| Jun 15, 2026 | John R Taylor
Officer
|
Option | 269 | $51.3K |
| Jun 9, 2026 | Kevin J Pearson
Officer
|
Sell | 23.4K | $5.3M |
| Jun 9, 2026 | Kevin J Pearson
Officer
|
Option | 23.4K | $4.1M |
| Jun 4, 2026 | Kevin J Pearson
Officer
|
Sell | 2.0K | $440.0K |
| May 7, 2026 | Christopher E Kay
Officer
|
Sell | 3.1K | $672.2K |
| Apr 30, 2026 | John P Barnes
Director
|
Grant | 664 | - |
| Apr 30, 2026 | Carlton J Charles
Director
|
Grant | 664 | - |
| Apr 30, 2026 | Jane P Chwick
Director
|
Grant | 664 | - |
| Apr 30, 2026 | William Frank Cruger Jr
Director
|
Grant | 687 | - |
| Apr 30, 2026 | Leslie V Godridge
Director
|
Grant | 664 | - |
| Apr 30, 2026 | Richard H. Ledgett Jr.
Director
|
Grant | 664 | - |
| Apr 30, 2026 | Melinda R Rich
Director
|
Grant | 664 | - |
| Apr 30, 2026 | Denis J Salamone
Director
|
Grant | 664 | - |
| Apr 30, 2026 | Rudina Seseri
Director
|
Grant | 664 | - |
| Apr 30, 2026 | Kirk W Walters
Director
|
Grant | 664 | - |
| Apr 30, 2026 | Herbert L Washington
Director
|
Grant | 664 | - |
| Feb 26, 2026 | Michael A Wisler
Officer
|
Sell | 8.2K | $1.8M |
| Feb 26, 2026 | Michael A Wisler
Officer
|
Option | 4.8K | $702.4K |
| Feb 13, 2026 | Peter D'Arcy
Officer
|
Grant | 3.1K | - |
| Feb 13, 2026 | Rene F. Jones
Chief Executive Officer
|
Grant | 16.2K | - |
| Feb 13, 2026 | Christopher E Kay
Officer
|
Grant | 4.0K | - |
| Feb 13, 2026 | Hara Laura Proske O
Officer
|
Grant | 1.9K | - |
| Feb 13, 2026 | Kevin J Pearson
Officer
|
Grant | 6.8K | - |
| Feb 13, 2026 | John R Taylor
Officer
|
Grant | 233 | - |
| Feb 13, 2026 | Julianne Urban
Officer
|
Grant | 945 | - |
| Feb 13, 2026 | Michael A Wisler
Officer
|
Grant | 2.5K | - |
| Feb 13, 2026 | Tracy S Woodrow
Officer
|
Grant | 2.3K | - |
| Feb 11, 2026 | Tracy S Woodrow
Officer
|
Sell | 1.1K | $246.6K |
| Feb 11, 2026 | Tracy S Woodrow
Officer
|
Option | 1.1K | $145.4K |
| Feb 9, 2026 | John P Barnes
Director
|
Sell | 21.2K | $5.0M |
| Feb 3, 2026 | Kirk W Walters
Director
|
Sell | 909 | $206.7K |
| Feb 2, 2026 | John R Taylor
Officer
|
Sell | 704 | $158.6K |
| Feb 2, 2026 | Rene F. Jones
Chief Executive Officer
|
Option | 45.9K | $7.6M |
| Jan 30, 2026 | Daryl N Bible
Chief Financial Officer
|
Grant | 3.4K | - |
| Jan 30, 2026 | Peter D'Arcy
Officer
|
Grant | 2.9K | - |
| Jan 30, 2026 | Gary N Geisel
Director
|
Grant | 19 | - |
| Jan 30, 2026 | Rene F. Jones
Chief Executive Officer
|
Grant | 15.1K | - |
| Jan 30, 2026 | Christopher E Kay
Officer
|
Grant | 3.7K | - |
| Jan 30, 2026 | Hara Laura Proske O
Officer
|
Grant | 1.8K | - |
| Jan 30, 2026 | Kevin J Pearson
Officer
|
Grant | 6.1K | - |
| Jan 30, 2026 | Robert E Sadler Jr
Director
|
Grant | 37 | - |
| Jan 30, 2026 | Neeraj Singh
Officer
|
Grant | 397 | - |
| Jan 30, 2026 | John R Taylor
Officer
|
Grant | 560 | - |
| Jan 30, 2026 | Julianne Urban
Officer
|
Grant | 865 | - |
| Jan 30, 2026 | Michael A Wisler
Officer
|
Grant | 2.5K | - |
| Jan 30, 2026 | Tracy S Woodrow
Officer
|
Grant | 2.2K | - |
| Jan 28, 2026 | Gary N Geisel
Director
|
Sell | 886 | $191.4K |
| Jan 22, 2026 | John P Barnes
Director
|
Sell | 17.9K | $3.9M |
| Jan 21, 2026 | Rene F. Jones
Chief Executive Officer
|
Option | 23.0K | $3.9M |
| Jan 8, 2026 | Rene F. Jones
Chief Executive Officer
|
Option | 22.2K | $3.7M |
| Dec 11, 2025 | Rene F. Jones
Chief Executive Officer
|
Option | 16.8K | $2.6M |
| Dec 8, 2025 | Rene F. Jones
Chief Executive Officer
|
Grant | 2.4K | - |
| Nov 26, 2025 | Christopher E Kay
Officer
|
Sell | 5.3K | $1.0M |
| Nov 25, 2025 | Robert E Sadler Jr
Director
|
Sell | 6.0K | $1.1M |
| Sep 24, 2025 | Robert E Sadler Jr
Director
|
Grant | 1.0K | - |
| Aug 29, 2025 | Tracy S Woodrow
Officer
|
Sell | 3.4K | $693.1K |
| Aug 29, 2025 | Tracy S Woodrow
Officer
|
Option | 3.4K | $516.1K |
| Aug 26, 2025 | John R Taylor
Officer
|
Sell | 448 | $89.5K |
| Aug 22, 2025 | John P Barnes
Director
|
Sell | 15.0K | $3.0M |
| Aug 14, 2025 | Kevin J Pearson
Officer
|
Sell | 24.4K | $4.7M |
| Aug 14, 2025 | Kevin J Pearson
Officer
|
Option | 15.1K | $2.0M |
| Aug 14, 2025 | Kevin J Pearson
Officer
|
Grant | 1.5K | - |
| Jul 22, 2025 | Peter D'Arcy
Officer
|
Sell | 2.5K | $485.6K |
| Jul 21, 2025 | Richard H. Ledgett Jr.
Director
|
Sell | 1.3K | $252.2K |
| Jul 3, 2025 | Rene F. Jones
Chief Executive Officer
|
Option | 7.0K | $968.9K |
| Jul 1, 2025 | Rene F. Jones
Chief Executive Officer
|
Option | 27.7K | $3.7M |
| Jun 12, 2025 | Robert E Sadler Jr
Director
|
Sell | 6.7K | $1.2M |
| Apr 30, 2025 | John P Barnes
Director
|
Grant | 855 | - |
| Apr 30, 2025 | Carlton J Charles
Director
|
Grant | 855 | - |
| Apr 30, 2025 | Jane P Chwick
Director
|
Grant | 855 | - |
| Apr 30, 2025 | William Frank Cruger Jr
Director
|
Grant | 855 | - |
| Apr 30, 2025 | Gary N Geisel
Director
|
Grant | 884 | - |
| Apr 30, 2025 | Leslie V Godridge
Director
|
Grant | 855 | - |
| Apr 30, 2025 | Richard H. Ledgett Jr.
Director
|
Grant | 855 | - |
| Apr 30, 2025 | Melinda R Rich
Director
|
Grant | 855 | - |
| Apr 30, 2025 | Robert E Sadler Jr
Director
|
Grant | 855 | - |
| Apr 30, 2025 | Denis J Salamone
Director
|
Grant | 855 | - |
| Apr 30, 2025 | Rudina Seseri
Director
|
Grant | 855 | - |
| Apr 30, 2025 | Kirk W Walters
Director
|
Grant | 855 | - |
| Apr 30, 2025 | Herbert L Washington
Director
|
Grant | 855 | - |
Source: TwelveData, from SEC Form 4 filings
Questions people ask
Answered from the figures on this page, as of October 17, 2026.