M&T Bank Corporation (MTB) is set to pay a dividend, as the bank continues its long dividend tradition. There are high expectations for its strong $1.35 quarterly dividend payout. The bank is also known for its consistency, maintaining this payout whilst focusing on strategic growth. The bank pushes for more coverage after Jefferies raised the bank's rating to 'buy'. Its Q1 and Q2 dividends have been announced while Institutional investors are seriously invested in MTB with 89% ownership. Following a bullish rating by Jefferies, still, some insiders sold around US$27m in stock. The bank's representatives are set to present at the Morgan Stanley Conference while its growth strategy will be revealed at the Barclays Conference. Q4 results were solid, and 2025 guidance met predictions. Preferred stock dividend payments have also been detailed. M&T Bank appoints several new executives, including Charles Pinckney as Hudson Valley Regional President and Krista Phillips as Chief Customer Officer. Recent earnings were below expectations because of higher-than-expected non-interest expenses. However, a share repurchase program of $4 billion was recently announced, and Deutsche Bank upgraded MTB's shares following Q4 earnings. Despite promising signs, insiders have disposed of stock, sending off bearish signals. The corporation has reported strong Q1 earnings, albeit the earnings missed estimates due to rising non-interest expenses.
M t Bank Corp MTB News Analytics from Thu, 18 Jul 2024 07:00:00 GMT to Thu, 29 May 2025 10:30:05 GMT -
Rating 7
- Innovation 2
- Information 8
- Rumor -1
