<div id="readability-page-1"><p>M&amp;T Bank Corporation (NYSE:MTB - Get Free Report) shares reached a new 52-week high on Thursday after Keefe, Bruyette &amp; Woods raised their price target on the stock from $220.00 to $230.00. Keefe, Bruyette &amp; Woods currently has a market perform rating on the stock. M&amp;T Bank traded as high as $207.34 and last traded at $205.9950, with a volume of 1048925 shares traded. The stock had previously closed at $204.09.</p><ul><li>Banking and trucking: Is the economy rolling toward troubles?</li></ul><p>Other equities analysts have also issued reports about the stock. Evercore ISI raised their target price on shares of M&amp;T Bank from $222.00 to $225.00 and gave the company an &#34;outperform&#34; rating in a report on Tuesday, September 30th. Truist Financial lowered M&amp;T Bank from a &#34;buy&#34; rating to a &#34;hold&#34; rating and set a $217.00 price objective on the stock. in a research note on Friday, December 12th. Cantor Fitzgerald assumed coverage on shares of M&amp;T Bank in a report on Wednesday, September 10th. They set an &#34;overweight&#34; rating and a $228.00 price target on the stock. Cowen  reiterated a &#34;buy&#34; rating on shares of M&amp;T Bank in a research report on Monday, October 20th. Finally, Wall Street Zen upgraded shares of M&amp;T Bank from a &#34;sell&#34; rating to a &#34;hold&#34; rating in a research report on Saturday, November 1st. One investment analyst  has rated the stock with a Strong Buy rating, ten have given a Buy rating, seven have assigned  a Hold rating and one  has given a Sell rating to the company. According to data from MarketBeat.com, M&amp;T Bank  has an average rating of &#34;Moderate Buy&#34; and an average target price of $214.62.</p><p><b>Get Our Latest Stock Analysis on M&amp;T Bank</b></p><h2>Insider Buying and Selling at M&amp;T Bank</h2><ul><li>Challenges Loom for Regional Banks as Interest Rates Surge</li></ul><p>In related news, EVP Christopher E. Kay sold 5,250 shares of M&amp;T Bank stock in a transaction on Wednesday, November 26th. The shares were sold at an average price of $191.70, for a total transaction of $1,006,425.00. Following the completion of the transaction, the executive vice president owned 5,501 shares of the company's stock, valued at $1,054,541.70. This trade represents a 48.83% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities &amp; Exchange Commission, which is available at the SEC website. Also, Director Robert E. Sadler, Jr. sold 6,000 shares of the company's stock in a transaction dated Tuesday, November 25th. The shares were sold at an average price of $190.06, for a total value of $1,140,360.00. Following the sale, the director owned 17,070 shares in the company, valued at approximately $3,244,324.20. The trade was a 26.01% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own  0.53% of the company's stock. </p><h2>Institutional Trading of M&amp;T Bank</h2><p>Large investors have recently modified their holdings of the stock. Sunbelt Securities Inc. lifted its position in shares of  M&amp;T Bank by 13.1% during the 3rd quarter. Sunbelt Securities Inc. now owns 1,619 shares of the financial services provider's stock valued at $320,000 after acquiring an additional 188 shares during the period.  Danske Bank A S bought a new stake in shares of  M&amp;T Bank during the third quarter valued at approximately $29,612,000.  NewEdge Advisors LLC raised its position in shares of  M&amp;T Bank by 3.6% during the third quarter. NewEdge Advisors LLC now owns 15,566 shares of the financial services provider's stock worth $3,076,000 after purchasing an additional 547 shares during the period.  McCollum Christoferson Group LLC lifted its holdings in shares of  M&amp;T Bank by 41.0% in the 3rd quarter. McCollum Christoferson Group LLC now owns 32,986 shares of the financial services provider's stock worth $6,519,000 after purchasing an additional 9,590 shares in the last quarter.  Finally, Triumph Capital Management acquired a new stake in  M&amp;T Bank in the 3rd quarter valued at $32,000. Institutional investors and hedge funds own  84.68% of the company's stock. </p><h2>M&amp;T Bank Trading Up 0.9%</h2><ul><li>3 S&amp;P Outperformers…That Aren’t Oil Companies</li></ul><p>The firm has a market cap of $31.66 billion, a price-to-earnings ratio of 12.68, a P/E/G ratio of 0.97 and a beta of 0.61. The firm's 50-day moving average is $188.32 and its 200-day moving average is $191.71. The company has a current ratio of 0.97, a quick ratio of 0.97 and a debt-to-equity ratio of 0.49. </p><p>M&amp;T Bank (NYSE:MTB - Get Free Report) last released its quarterly earnings data on Wednesday, March 9th. The financial services provider reported $3.54 earnings per share for the quarter. The firm had revenue of $1.54 billion for the quarter. M&amp;T Bank had a net margin of 20.91% and a return on equity of 10.62%.  As a group, sell-side analysts anticipate that  M&amp;T Bank Corporation will post 16.57 EPS for the current fiscal year. </p><h2>M&amp;T Bank Dividend Announcement</h2><p>The firm also recently declared a quarterly dividend, which will be paid on Wednesday, December 31st. Investors of record on Monday, December 1st will be given a $1.50 dividend. The ex-dividend date of this dividend is Monday, December 1st. This represents a $6.00 annualized dividend and a yield of 2.9%. M&amp;T Bank's dividend payout ratio (DPR) is presently 36.95%. </p><h2>About M&amp;T Bank</h2> (Get Free Report)<p>M&amp;T Bank Corp. operates as a bank holding company, which engages in the provision of retail and commercial banking, trust, wealth management, and investment services. It operates through the following segments: Commercial Bank, Retail Bank, Institutional Services and Wealth Management, and All Other.</p><h2>Featured Stories</h2><ul><li>Five stocks we like better than M&amp;T Bank</li><li>What is Short Interest? How to Use It</li><li>Post 35% Surge, Analysts Eye More Upside in Copper Giant Freeport</li><li>The Top 3 Healthcare Dividend Stocks to Buy and Hold</li><li>Why a SpaceX IPO Could Be a Major Catalyst for GOOGL Stock</li><li>Market Cap Calculator: How to Calculate Market Cap</li><li>Can Upwork Maintain Its Comeback? Reasons to Be Bullish and Bearish</li></ul><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in M&amp;T Bank Right Now?</h2><p>Before you consider M&amp;T Bank, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and M&amp;T Bank wasn't on the list.</p><p>While M&amp;T Bank currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>M&T Bank (NYSE:MTB) reached a new 52-week high after Keefe, Bruyette & Woods raised their price target from $220.00 to $230.00. The stock traded as high as $207.34 and closed at $205.9950. Other analysts also adjusted their ratings and price targets. Insider trading activities were reported, and institutional investors modified their holdings. M&T Bank has a market cap of $31.66 billion and reported $3.54 earnings per share for the last quarter.</p>

M&T Bank (NYSE:MTB) Reaches New 1-Year High After Analyst Upgrade