This summary was created by AI, based on 3 opinions in the last 12 months.
M & T Bank Corp (MTB-N) is viewed as one of the top regional banks with strong growth potential and a focus on the domestic economy. Analysts believe the company would benefit from reduced regulations and reshoring, and also see opportunities for acquisitions in the future. With a yield of 2.6% and a price target of $214.45, experts are optimistic about the company's prospects in a friendlier business environment.
They reported earlier this week, slightly beating revenues, but missing EPS a lot. But MTB is a higher-quality regional bank, because they avoided the mistakes made by peers.
They just reported a huge earnings beat with deposits up 2% last quarter instead of down. Regional banks have been a on tear lately to rebound from last spring' meltdown.
If he had to own another North American bank, it would probably be a US regional bank. This one is a very well-run bank and it didn’t get into trouble and didn’t need TARP money. Just made a really good acquisition.
M & T Bank Corp is a American stock, trading under the symbol MTB-N on the New York Stock Exchange (MTB). It is usually referred to as NYSE:MTB or MTB-N
In the last year, there was no coverage of M & T Bank Corp published on Stockchase.
M & T Bank Corp was recommended as a Top Pick by on . Read the latest stock experts ratings for M & T Bank Corp.
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0 stock analysts on Stockchase covered M & T Bank Corp In the last year. It is a trending stock that is worth watching.
On 2024-12-06, M & T Bank Corp (MTB-N) stock closed at a price of $211.26.
Regional bank ETF is up 13% today. One of the two largest holdings in the KRE ETF. Really well run, has grown nicely. Bumping right up against the small banks cap of $50B in assets. Would benefit from reduced regulation. Very focused on domestic economy; would benefit from reshoring. Opportunity to make acquisitions in a friendlier world.
(Analysts’ price target is $214.45)A steepening yield curve is great for banks, as net interest margins can expand. Entering a time when the lenders will be in control. Yield is 2.6%