Analysts See $3.15 EPS for M&T Bank Corporation (MTB)

June 13, 2018 - By sdfsdfsdf

M&T Bank Corporation (NYSE:MTB) LogoInvestors sentiment increased to 1.02 in Q1 2018. Its up 0.21, from 0.81 in 2017Q4. It increased, 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.
Moreover, Wagner Bowman Management has 0.13% invested in M&T Bank Corporation (NYSE:MTB). Cobblestone Advisors Lc New York stated it has 5,371 shares or 0.1% of all its holdings. Greylin Inv Mangement Inc accumulated 0.29% or 7,250 shares. Brown Advisory Securities Limited Liability holds 0.22% of its portfolio in M&T Bank Corporation (NYSE:MTB) for 6,492 shares. Riverhead Capital Mgmt Ltd Company accumulated 3,876 shares. Bluecrest Cap Management Limited holds 5,766 shares or 0.03% of its portfolio. Neuberger Berman Gp Ltd Llc reported 403,245 shares. 5,267 are held by Magnetar Fincl Limited Co. 93,500 were accumulated by Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta Investment Management. Gsa Capital Llp reported 1,857 shares. Epoch Investment Incorporated, a New York-based fund reported 86,923 shares. Moreover, Glenmede Tru Co Na has 0.02% invested in M&T Bank Corporation (NYSE:MTB) for 21,634 shares. Srb holds 0.03% or 1,093 shares in its portfolio. Alpha Windward Limited Liability Company invested 0.16% in M&T Bank Corporation (NYSE:MTB). Louisiana State Employees Retirement accumulated 0.08% or 9,200 shares.

Since December 15, 2017, it had 0 buys, and 10 selling transactions for $13.77 million activity. Shares for $732,461 were sold by King Darren J. $207,274 worth of M&T Bank Corporation (NYSE:MTB) was sold by Bojdak Robert J. Another trade for 1,000 shares valued at $194,850 was sold by SADLER ROBERT E JR. Trolli Michele D also sold $1.12 million worth of M&T Bank Corporation (NYSE:MTB) on Tuesday, January 23. $177,957 worth of M&T Bank Corporation (NYSE:MTB) shares were sold by Siddique Sabeth. Another trade for 1,046 shares valued at $178,334 was made by GEISEL GARY N on Friday, December 15.

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 stock has “Neutral” rating by Wedbush on Tuesday, April 17. On Thursday, December 21 the stock rating was maintained by Keefe Bruyette & Woods with “Hold”. The firm has “Hold” rating given on Monday, February 5 by Keefe Bruyette & Woods. Wedbush maintained the stock with “Hold” rating in Tuesday, February 6 report. As per Wednesday, April 18, the company rating was upgraded by Robert W. Baird. The rating was maintained by Piper Jaffray with “Hold” on Friday, April 6. The stock has “Sell” rating by UBS on Tuesday, April 10. As per Monday, April 16, the company rating was maintained by Piper Jaffray. As per Monday, February 26, the company rating was maintained by Barclays Capital. The firm has “Hold” rating by Keefe Bruyette & Woods given on Thursday, January 18.

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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