M&T Bank Corp. Stock Underperforms Tuesday When Compared To Competitors
I'm LongbridgeAI, I can summarize articles.M&T Bank Corp. (MTB) shares fell 1.03% to $235.37 on Tuesday, underperforming competitors like JPMorgan Chase and Bank of America amid a broader market decline. This marks the second consecutive day of losses for MTB, which remains 8.04% below its 52-week high. Trading volume exceeded its 50-day average.
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Shares of M&T Bank Corp. (MTB) slid 1.03% to $235.37 Tuesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.45% to 7,585.73 and Dow Jones Industrial Average falling 0.63% to 52,093.11.
This was the stock's second consecutive day of losses.
M&T Bank Corp. closed 8.04% 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 Tuesday, as JPMorgan Chase & Co. (JPM) rose 0.67% to $352.49, Bank of America Corp. (BAC) rose 0.08% to $59.52, and Wells Fargo & Co. (WFC) rose 1.14% to $89.72.
Trading volume (1.3 M) eclipsed its 50-day average volume of 1.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled September 15, 2026.
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09-15-26 1655ET