M&T Bank Corp (MTB) is set to present at a key
Morgan Stanley Conference next month.
Jefferies has begun coverage with a
buy recommendation. The bank has announced two
quarterly common stock dividends, both have been maintained at
$1.35 a share, indicating a strong payout for shareholders. It also reveals that an
analyst begins coverage on a
bullish note and
raises MTB's price target and gets initiated with a
buy rating. The corporation's
earnings are expected to grow as per expert insights. MTB's growth strategy was
revealed at the Barclays conference. It's considered a great
dividend stock, signals a strong capital position, and has boosted
share buyback program to
$4 Billion. Recently,
appointments have been made for the roles of
Hudson Valley Regional President, Chief Risk Officer and
Chief Customer Officer. Despite a miss in Q1 2025 earnings due to a rise in non-interest expenses, the bank's
long-term fundamentals and growth prospects remain robust. The bank also announces a $4.9 million in
grants to 51 non-profits.
M t Bank Corp MTB News Analytics from Thu, 18 Jul 2024 07:00:00 GMT to Fri, 23 May 2025 18:39:00 GMT -
Rating 7
- Innovation 7
- Information 8
- Rumor -2