M&T Bank Corp. Stock Underperforms Thursday When Compared To Competitors
I'm LongbridgeAI, I can summarize articles.M&T Bank Corp. (MTB) shares fell 1.90% to $245.97 on Thursday, underperforming competitors like JPMorgan Chase and Wells Fargo during a broader market decline. The S&P 500 dropped 1.21%, while the Dow Jones Industrial Average fell 0.97%. M&T's stock remains 3.54% below its 52-week high of $255.00 reached in July. Trading volume was slightly below the 50-day average.
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Shares of M&T Bank Corp. (MTB) slipped 1.90% to $245.97 Thursday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 1.21% to 7,408.30 and Dow Jones Industrial Average falling 0.97% to 51,711.65.
M&T Bank Corp. closed 3.54% short of its 52-week high of $255.00, which the company reached on July 17th.
The stock underperformed when compared to some of its competitors Thursday, as JPMorgan Chase & Co. (JPM) rose 0.49% to $349.90, Bank of America Corp. (BAC) fell 0.55% to $61.28, and Wells Fargo & Co. (WFC) fell 0.27% to $86.19.
Trading volume (1.0 M) remained 93,726 below its 50-day average volume of 1.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled July 23, 2026.
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(END) Dow Jones Newswires
07-23-26 1655ET
