M&T Bank Co. (NYSE:MTB)'s shares have been actively acquired and sold by firms such as Stifel Financial Corp, Benjamin Edwards Inc., and NFJ Investment Group LLC. Executive VP, Michael Todaro and Vice Chairman Geisel have sold significant amounts of their stock. The bank announced Q2 and Q3 2024 results with strong revenue, net income growth, and better-than-expected earnings. It is set to pay its upcoming dividend. The 2025-2026 earnings call schedule has been released with the bank slated to present at the Goldman Sachs Financial Services Conference. Shannon Lazare has been named as New Jersey Regional President and Lopa Kolluri as Head of Affordable Housing Lending. M&T bank is favored by institutional investors who hold a large portion of the company. The bank has a mixed analysis from 15 analysts, and JP Morgan has downgraded both M&T Bank and its preferred stock. Top companies like Clara Capital and Broadcom have partnered with the bank. It also secured 10th position among SBA Lenders and has announced a change in prime rate to 7.75%.
M t Bank Corp MTB News Analytics from Mon, 03 Jun 2024 07:00:00 GMT to Sat, 07 Dec 2024 11:19:20 GMT -
Rating 6
- Innovation 3
- Information 8
- Rumor 0
