M&T Bank Corp. Stock Underperforms Monday When Compared To Competitors
I'm LongbridgeAI, I can summarize articles.M&T Bank Corp. (MTB) stock underperformed competitors on Monday, slipping 1.41% to $233.94 amid a broader market decline. This marked the third consecutive day of losses for MTB, which remains 8.60% below its 52-week high. While major peers like JPMorgan, Bank of America, and Wells Fargo also fell, their declines were smaller than MTB's. Trading volume reached 1.7 million shares, exceeding the 50-day average.
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Shares of M&T Bank Corp. (MTB) slipped 1.41% to $233.94 Monday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.33% to 7,686.14 and Dow Jones Industrial Average falling 0.70% to 53,185.90.
This was the stock's third consecutive day of losses.
M&T Bank Corp. closed 8.60% short of its 52-week high of $255.95, which the company reached on August 17th.
The stock underperformed when compared to some of its competitors Monday, as JPMorgan Chase & Co. (JPM) fell 0.45% to $356.02, Bank of America Corp. (BAC) fell 0.61% to $61.94, and Wells Fargo & Co. (WFC) fell 0.35% to $86.39.
Trading volume (1.7 M) eclipsed its 50-day average volume of 1.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled August 31, 2026.
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08-31-26 1656ET