Several major developments have impacted
M&T Bank Corp recently.
Institutional investors make up 89% percent of the bank's ownership and experienced a 4.7% increase in stock values last week. Other significant moves include the bank's
Music Sponsorship of the West Hartford Halloween Stroll, and an
increase in its Price Target credited to Credit Improvement. Strategic decisions, such as purchasing the naming rights for the
Mohawk Harbor Event Center in Schenectady, have also been made. In addition, the bank announced its
second quarter 2025 earnings release and conference call. The bank closed an impressive
$750M Senior Notes Offering and maintained a strong quarterly dividend payout for shareholders amounting to
$1.35. These successes, however, have been paralleled by
insider sales, with M&T insiders selling US$28m of stock. Optimistically, Citigroup and Morgan Stanley raised their respective
stock target prices for MTB. Preferred stock of the bank also received a
Buy recommendation from Jefferies.
M t Bank Corp MTB News Analytics from Thu, 17 Oct 2024 07:00:00 GMT to Sat, 28 Jun 2025 11:00:14 GMT -
Rating 8
- Innovation 4
- Information 7
- Rumor -4