M&T Bank Corp. Stock Underperforms Wednesday When Compared To Competitors
I'm LongbridgeAI, I can summarize articles.M&T Bank Corp. (MTB) shares fell 3.98% to $226.01 on Wednesday, underperforming competitors like JPMorgan Chase, Bank of America, and Wells Fargo during a broad market decline. This marked the stock's third consecutive day of losses, leaving it 11.70% below its 52-week high. Trading volume reached 1.8 million, significantly exceeding the 50-day average.
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Shares of M&T Bank Corp. (MTB) shed 3.98% to $226.01 Wednesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.45% to 7,551.81 and Dow Jones Industrial Average falling 1.21% to 51,461.90.
This was the stock's third consecutive day of losses.
M&T Bank Corp. closed 11.70% 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 Wednesday, as JPMorgan Chase & Co. (JPM) fell 1.01% to $348.92, Bank of America Corp. (BAC) fell 2.72% to $57.90, and Wells Fargo & Co. (WFC) fell 2.98% to $87.05.
Trading volume (1.8 M) eclipsed its 50-day average volume of 1.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled September 16, 2026.
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09-16-26 1654ET