M&T Bank Corp (NYSE: MTB) has reported earnings for its fourth fiscal quarter (ending December 31) of $3.88 versus $2.75 for the same period a year ago — an increase of 41%. This performance was $0.14 better than the consensus estimate of $3.74. E.P.S. were $14.71 for the latest four quarters through December 31 versus $15.85 for the same period a year ago — a decline of -7%.
Recent Price Action
On 1/16/25, M&T Bank Corp (NYSE: MTB) stock declined by -2.4%, closing at $196.10. Moreover, this decline was accompanied by exceptionally high trading volume at 212% of normal. The stock has risen 2.1% during the last week and has been exceptionally strong relative to the market over the last nine months.
Current PriceTarget Research Rating
M&T Bank has a current Value Trend Rating of A (Highest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. M&T Bank has a good Appreciation Score of 83 and a very high Power Rating of 91, resulting in the Highest Value Trend Rating.
Rating Review
In light of this encouraging new earnings information we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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