M&T Bank Corp (MTB) continuously nails their quarterly earnings with recent reports showing augmented net interest margins and a dependable momentum in stock growth. Its all-time high stock soared at $216.88. This respectably attractive dividend yield of 2.8% had earned Jim Cramer's approval. Despite a 5.2% fall over a single week, a 43% return has been garnered by shareholders over the past year. While they have reported a decrease in market cap, it was beneficial for institutional investors who make up 87%-89% ownership. Selling of a significant amount of stocks by MTB insiders and the shrinkage of earnings were noted. With a strong Q3 2024 financial performance and better credit quality, MTB has at its helm Lisa Roberts as the new Head of Wealth Management and Shannon Lazare as NJ Regional President. New affordable housing lending will be headed by Lopa Kolluri. They also have good standing with the SBA, ranking 10th among the lenders.
M t Bank Corp MTB News Analytics from Mon, 19 Feb 2024 05:04:25 GMT to Fri, 03 Jan 2025 23:45:48 GMT -
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