M&T Bank Corporation (MTB) EPS Estimated At $3.15

June 13, 2018 - By Ash

M&T Bank Corporation (NYSE:MTB) LogoInvestors sentiment increased to 1.02 in 2018 Q1. Its up 0.21, from 0.81 in 2017Q4. It is positive, as 32 investors sold M&T Bank Corporation shares while 180 reduced holdings. 70 funds opened positions while 146 raised stakes. 110.68 million shares or 1.25% less from 112.08 million shares in 2017Q4 were reported.
Cutler Investment Counsel Lc holds 55,898 shares. Soros Fund Mngmt Limited Liability Com invested in 22,876 shares or 0.07% of the stock. Natixis reported 116,258 shares or 0.13% of all its holdings. Price T Rowe Md accumulated 270,263 shares or 0.01% of the stock. Miles Capital reported 1,658 shares. First Republic Investment Mngmt Inc has 0% invested in M&T Bank Corporation (NYSE:MTB). 1,950 are owned by Canandaigua State Bank Trust Communications. Golub Group Inc Ltd has invested 0.14% in M&T Bank Corporation (NYSE:MTB). Arizona State Retirement Sys holds 78,796 shares or 0.15% of its portfolio. Partners Capital Mngmt Ltd Liability Corp has invested 0.3% of its portfolio in M&T Bank Corporation (NYSE:MTB). Shufro Rose Limited reported 5,775 shares. Blackrock Inc stated it has 10.47 million shares. 29,986 are owned by Bradley Foster Sargent Inc Ct. 403,245 were accumulated by Neuberger Berman Grp Ltd Liability Com. Strategic Financial Service owns 39,835 shares or 1.19% of their US portfolio.

Since December 15, 2017, it had 0 insider purchases, and 10 sales for $13.77 million activity. 4,904 M&T Bank Corporation (NYSE:MTB) shares with value of $939,116 were sold by Gold Richard S. $1.12M worth of M&T Bank Corporation (NYSE:MTB) was sold by Trolli Michele D on Tuesday, January 23. Bojdak Robert J had sold 1,062 shares worth $207,274. $5.92 million worth of M&T Bank Corporation (NYSE:MTB) was sold by SALAMONE DENIS J on Monday, January 22. Warman D Scott N also sold $4.15M worth of M&T Bank Corporation (NYSE:MTB) shares. Another trade for 3,834 shares valued at $732,461 was made by King Darren J on Monday, January 29.

Analysts expect M&T Bank Corporation (NYSE:MTB) to report $3.15 EPS on July, 18.They anticipate $0.77 EPS change or 32.35 % from last quarter’s $2.38 EPS. MTB’s profit would be $457.49 million giving it 13.84 P/E if the $3.15 EPS is correct. After having $2.94 EPS previously, M&T Bank Corporation’s analysts see 7.14 % EPS growth. The stock decreased 0.43% or $0.76 during the last trading session, reaching $174.4. About 905,666 shares traded or 25.81% up from the average. M&T Bank Corporation (NYSE:MTB) has risen 11.09% since June 14, 2017 and is uptrending. It has underperformed by 1.48% the S&P500.

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

Among 12 analysts covering M\u0026T Bank (NYSE:MTB), 4 have Buy rating, 1 Sell and 7 Hold. Therefore 33% are positive. M\u0026T Bank had 23 analyst reports since December 14, 2017 according to SRatingsIntel. The rating was maintained by Keefe Bruyette & Woods with “Hold” on Thursday, December 21. Piper Jaffray maintained M&T Bank Corporation (NYSE:MTB) rating on Thursday, January 18. Piper Jaffray has “Hold” rating and $183.0 target. Keefe Bruyette & Woods maintained it with “Hold” rating and $201.0 target in Monday, February 26 report. The rating was maintained by Robert W. Baird on Thursday, January 18 with “Sell”. As per Monday, January 8, the company rating was maintained by Jefferies. The company was maintained on Friday, April 6 by Piper Jaffray. As per Thursday, January 18, the company rating was maintained by Sandler O’Neill. The firm has “Neutral” rating by Robert W. Baird given on Wednesday, April 18. The rating was maintained by Jefferies with “Buy” on Monday, April 16. On Tuesday, April 10 the stock rating was downgraded by UBS to “Sell”.

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 company has market cap of $25.33 billion. The companyÂ’s Business Banking segment offers deposit, lending, cash management, and other financial services to small businesses and professionals. It has a 19.78 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 Positions Chart

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