Weekly Analysts’ Ratings Changes for M&T Bank (MTB)

Several analysts have recently updated their ratings and price targets for M&T Bank (NYSE: MTB):

• 4/17/2026 – M&T Bank had its price target lowered by Cantor Fitzgerald from $255.00 to $253.00. They now have an “overweight” rating on the stock.
• 4/17/2026 – M&T Bank had its price target raised by Argus from $230.00 to $245.00. They now have a “buy” rating on the stock.
• 4/16/2026 – M&T Bank was given a new $235.00 price target by UBS Group AG.
• 4/16/2026 – M&T Bank had its price target raised by Royal Bank Of Canada from $220.00 to $225.00. They now have an “outperform” rating on the stock.
• 4/16/2026 – M&T Bank had its price target raised by DA Davidson from $233.00 to $235.00. They now have a “neutral” rating on the stock.
• 4/16/2026 – M&T Bank had its price target raised by Piper Sandler from $235.00 to $240.00. They now have an “overweight” rating on the stock.
• 4/16/2026 – M&T Bank had its price target raised by Robert W. Baird from $230.00 to $240.00. They now have an “outperform” rating on the stock.
• 4/16/2026 – M&T Bank had its price target raised by Jefferies Financial Group Inc. from $255.00 to $265.00. They now have a “buy” rating on the stock.
• 4/8/2026 – M&T Bank had its price target raised by Jefferies Financial Group Inc. from $250.00 to $255.00. They now have a “buy” rating on the stock.
• 4/7/2026 – M&T Bank had its price target lowered by UBS Group AG from $230.00 to $225.00. They now have a “neutral” rating on the stock.
• 4/7/2026 – M&T Bank had its price target lowered by JPMorgan Chase & Co. from $244.50 to $231.50. They now have a “neutral” rating on the stock.
• 4/6/2026 – M&T Bank had its price target raised by The Goldman Sachs Group, Inc. from $231.00 to $235.00. They now have a “neutral” rating on the stock.
• 3/31/2026 – M&T Bank had its price target lowered by Morgan Stanley from $271.00 to $245.00. They now have an “equal weight” rating on the stock.
• 3/21/2026 – M&T Bank was downgraded by Wall Street Zen from “hold” to “sell”.
• 3/7/2026 – M&T Bank was upgraded by Wall Street Zen from “sell” to “hold”.
• 3/5/2026 – M&T Bank had its price target raised by Jefferies Financial Group Inc. from $255.00 to $265.00. They now have a “buy” rating on the stock.
• 3/3/2026 – M&T Bank had its price target raised by Cantor Fitzgerald from $238.00 to $255.00. They now have an “overweight” rating on the stock.
• 3/2/2026 – M&T Bank had its price target raised by Morgan Stanley from $251.00 to $271.00. They now have an “equal weight” rating on the stock.
• 2/21/2026 – M&T Bank was downgraded by Wall Street Zen from “hold” to “sell”.

M&T Bank Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Monday, March 2nd were given a $1.50 dividend. The ex-dividend date was Monday, March 2nd. This represents a $6.00 dividend on an annualized basis and a dividend yield of 2.7%. M&T Bank’s dividend payout ratio is currently 33.59%.

Insider Activity

In related news, Vice Chairman Gary N. Geisel sold 887 shares of the company’s stock in a transaction on Wednesday, January 28th. The shares were sold at an average price of $215.79, for a total value of $191,405.73. Following the completion of the sale, the insider owned 16,446 shares in the company, valued at $3,548,882.34. This represents a 5.12% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director John P. Barnes sold 21,193 shares of the company’s stock in a transaction on Monday, February 9th. The shares were sold at an average price of $235.85, for a total transaction of $4,998,369.05. Following the completion of the sale, the director owned 15,142 shares of the company’s stock, valued at approximately $3,571,240.70. This represents a 58.33% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 49,092 shares of company stock worth $11,182,250 in the last 90 days. Corporate insiders own 0.44% of the company’s stock.

M&T Bank Corporation is a bank holding company headquartered in Buffalo, New York, that provides a broad range of banking and financial services to individuals, businesses and institutions. The company operates a commercial and retail banking franchise that includes deposit-taking, lending, and payment services delivered through branch networks, digital channels and commercial banking teams. M&T serves customers across the northeastern and mid‑Atlantic United States and has expanded its geographic footprint through strategic acquisitions.

Its core businesses include commercial banking for middle‑market and community businesses, consumer and retail banking, mortgage origination and servicing, treasury and cash management, and wealth management and trust services.