MTB
M&T Bank Corporation
NYSEUSDEQUITY
Financial Services
DELAYED
Neutral
-11/100
Last price
218.74
▲ 0.48 (0.22%)
MARKET · —
Price
Chart style
Interval
Intraday intervals only cover recent history. The site picks the finest interval the range allows.
Overlays
Session levels
Lower pane
Overlay another symbol
Both series are rebased to 0% at the left edge, so the lines show relative performance rather than price.
Tool
1D
—
H —
L —
Range —
Vol —
vs
Drag pan · Pinch zoom · Hold crosshair · pick a tool then drag to draw
Open
219.21
Prev close
218.26
Day high
220.61
Day low
218.09
Volume
832.16K
Market cap
$31.59B
P/E (TTM)
11.54
52W range
174.76 – 255.95
Day trading desk
Gap from prior close
+0.44%
Prior close 218.26
VWAP
218.95
-0.10% from price
Relative volume
1.54×
Unusually busy
Session range
1.16%
218.09 – 220.61
Position in range
26%
Near session low
ATR (14D)
3.58
1.64% of price
Prior day high
221.24
PDH
Prior day low
218.14
PDL
Bid / ask spread
—
Quote not published
Session volume
1.63M
Avg 1.06M
VWAP and the session figures are computed from the delayed intraday series on this page, so they lag the live tape and will not match a broker's real-time VWAP exactly. Turn on Prior day H/L/C, Opening range and Volume profile in the chart's Studies menu to see these levels drawn on price.
Trailing performance
Returnvs SPY
1W
+0.57%
-1.4%
1M
-8.80%
-10.0%
3M
-6.77%
-11.3%
6M
+3.13%
-15.1%
YTD
+8.57%
-5.7%
1Y
+12.43%
-4.0%
3Y
+72.99%
-9.3%
5Y
—
—
Price return only. Dividends are not reinvested, so total return on a dividend payer will be higher than shown.
Unusual options activity
Nothing crossed the thresholds in the expiries we scanned.
That is the normal state — most contracts trade well inside their existing open interest.
That is the normal state — most contracts trade well inside their existing open interest.
Contracts trading at or above their open interest, ranked by notional and where the print landed.
Free account
5 more panels on MTB open with an account.
Options chains and analytics, valuation ratios, insider filings, analyst targets and ownership. No card, no trial, nothing to cancel.
Insider net activity
Net shares
-5.35K
Net selling
Buy transactions
16
49.19K shares
Sell transactions
11
54.54K shares
Net transactions
+27
Buys less sells
Sell : buy shares
1.1 : 1
Mixed
Insider-held shares
466.46K
Total on file
Insider transactions
| Date | Insider | Action | Shares | Value | Held |
|---|---|---|---|---|---|
| Sep 14, 26 | JONES RENE F. Chief Executive Officer |
SELL | 19.40K | $4.64M | Direct |
| Sep 14, 26 | JONES RENE F. Chief Executive Officer |
CONVERSION | 16.77K | $3.20M | Direct |
| Aug 21, 26 | SESERI RUDINA Director |
SELL | 623 | $150.17K | Direct |
| Aug 17, 26 | TAYLOR JOHN R Officer |
SELL | 1.22K | $308.92K | Direct |
| Aug 5, 26 | WALTERS KIRK W Director |
SELL | 9 | $2.38K | Indirect |
| Aug 3, 26 | LEDGETT RICHARD H. JR. Director |
SELL | 855 | $212.18K | Direct |
| Jul 31, 26 | JACOBS JEREMY M JR Director |
STOCK | 589 | $0 | Direct |
| Jul 15, 26 | PEARSON KEVIN J Officer |
SELL | 2.00K | $484.00K | Direct |
| Jul 1, 26 | WOODROW TRACY S Officer |
SELL | 881 | $213.20K | Direct |
| Jul 1, 26 | WOODROW TRACY S Officer |
CONVERSION | 881 | $154.83K | Direct |
| Jun 15, 26 | TAYLOR JOHN R Officer |
SELL | 1.10K | $256.09K | Direct |
| Jun 15, 26 | TAYLOR JOHN R Officer |
CONVERSION | 269 | $51.32K | Direct |
| Jun 9, 26 | PEARSON KEVIN J Officer |
SELL | 23.36K | $5.27M | Direct |
| Jun 9, 26 | PEARSON KEVIN J Officer |
CONVERSION | 23.36K | $4.11M | Direct |
What this is, and what it is not
These are SEC Form 4 filings — officers, directors and 10% owners reporting their own trades in the company's stock. Filing is due within two business days of the transaction, so this lags reality by days, and the provider adds its own lag on top.
A sale is not automatically bearish. Executives sell on scheduled 10b5-1 plans, to cover tax on vesting equity, and to diversify. Purchases with cash are generally the more informative signal, and they are far rarer.
This does not include congressional or senate trading. That comes from STOCK Act disclosures filed with the Senate eFD system and the House Clerk, which this data source does not carry.
Officer and director trades in their own stock, straight from Form 4 filings.
Insider holders
| Name | Relation | Shares held | Latest |
|---|---|---|---|
BARNES JOHN P |
Director | 15.81K | Stock Award(Grant) |
BIBLE DARYL N |
Chief Financial Officer | 30.01K | Stock Award(Grant) |
CUNNINGHAM T JEFFERSON III |
Director | 14.43K | Stock Award(Grant) |
GEISEL GARY N |
Director | 16.46K | Stock Award(Grant) |
JONES RENE F. |
Chief Executive Officer | 112.12K | Sale |
PEARSON KEVIN J |
Officer | 47.65K | Sale |
RICH MELINDA R |
Director | 24.11K | Stock Award(Grant) |
SADLER ROBERT E JR |
Director | 85.81K | Stock Award(Grant) |
SALAMONE DENIS J |
Director | 53.11K | Stock Award(Grant) |
WASHINGTON HERBERT L |
Director | 18.80K | Stock Award(Grant) |
Fundamentals
Market cap$31.59B
Enterprise value$35.03B
Revenue (TTM)$9.45B
Gross profit$9.45B
EBITDA—
Net income$2.87B
EPS (TTM)$18.96
Free cash flow—
Total cash$17.68B
Total debt$18.68B
Book value / share$176.03
Shares outstanding144.42M
Float143.74M
Short % of float4.17%
Dividend yield2.74%
Beta (5Y)0.62
Valuation & profitability ratios
Trailing P/E11.54
Forward P/E10.40
PEG ratio1.29
Price / sales—
Price / book1.24
EV / revenue3.71
EV / EBITDA—
Gross margin0.00%
Operating margin45.11%
Profit margin32.09%
Return on equity10.74%
Return on assets1.41%
Debt / equity—
Current ratio—
Fourteen ratios including P/E, PEG, EV/EBITDA, margins and return on equity.
Financial statements
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Total revenue | $9.63B | $9.23B | $9.40B | $8.01B | +4.3% |
| Operating revenue | $9.63B | $9.23B | $9.40B | $8.01B | +4.3% |
| Selling, general & admin | $3.49B | $3.38B | $3.42B | $2.97B | +3.4% |
| Pre-tax income | $3.69B | $3.31B | $3.62B | $2.61B | +11.5% |
| Tax provision | $841.00M | $722.00M | $878.00M | $620.00M | +16.5% |
| Net income | $2.85B | $2.59B | $2.74B | $1.99B | +10.2% |
| Net income to common | $2.70B | $2.45B | $2.64B | $1.89B | +10.2% |
| Basic EPS | 17.10 | 14.71 | 15.85 | 11.59 | +16.2% |
| Diluted EPS | 17.00 | 14.64 | 15.79 | 11.53 | +16.1% |
| Basic shares | 157.84M | 166.49M | 166.31M | 163.20M | -5.2% |
| Diluted shares | 158.79M | 167.32M | 167.00M | 164.03M | -5.1% |
| Line item | 2025 | 2024 | 2023 | 2022 | 2021 | YoY |
|---|---|---|---|---|---|---|
| Cash & equivalents | $18.77B | $20.78B | $29.80B | $26.48B | — | -9.7% |
| Accounts receivable | — | — | $9.17B | $8.93B | $7.51B | — |
| Property, plant & equipment | $1.63B | $1.71B | $1.74B | $1.65B | — | -4.5% |
| Goodwill & intangibles | $8.53B | $8.56B | $8.61B | $8.70B | — | -0.4% |
| Total assets | $213.51B | $208.10B | $208.26B | $200.73B | — | +2.6% |
| Current debt | $2.10B | $1.00B | $5.00B | $3.20B | — | +110.0% |
| Long-term debt | $10.91B | $12.61B | $8.20B | $3.96B | — | -13.4% |
| Total debt | $13.01B | $13.61B | $13.20B | $7.17B | — | -4.4% |
| Total liabilities | $184.33B | $179.08B | $181.31B | $175.41B | — | +2.9% |
| Retained earnings | $20.88B | $19.08B | $17.52B | $15.75B | — | +9.5% |
| Shareholder equity | $29.18B | $29.03B | $26.96B | $25.32B | — | +0.5% |
| Net tangible assets | $20.65B | $20.47B | $18.34B | $16.62B | — | +0.9% |
| Shares issued | 179.44M | 179.44M | 179.44M | 179.45M | — | 0.0% |
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Net income | $2.85B | $2.59B | $2.74B | $1.99B | +10.2% |
| Depreciation & amortisation | $498.00M | $508.00M | $497.00M | $435.00M | -2.0% |
| Change in working capital | -$764.00M | -$79.00M | $364.00M | $1.80B | -867.1% |
| Operating cash flow | $3.00B | $3.61B | $3.90B | $4.57B | -16.8% |
| Capital expenditure | -$143.00M | -$216.00M | -$256.00M | -$214.00M | +33.8% |
| Investing cash flow | -$6.82B | -$9.75B | -$4.76B | $16.59B | +30.1% |
| Share buybacks | -$2.63B | -$746.00M | -$594.00M | -$1.80B | -252.7% |
| Dividends paid | -$1.04B | -$1.03B | -$968.00M | -$881.00M | -1.2% |
| Financing cash flow | $1.80B | -$2.88B | $4.18B | -$20.98B | +162.5% |
| Free cash flow | $2.86B | $3.39B | $3.65B | $4.36B | -15.7% |
| End cash position | $18.77B | $20.78B | $29.80B | $1.52B | -9.7% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | YoY |
|---|---|---|---|---|---|---|
| Total revenue | $2.48B | $2.41B | $2.44B | $2.49B | $2.39B | +3.2% |
| Operating revenue | $2.48B | $2.41B | $2.44B | $2.49B | $2.39B | +3.2% |
| Selling, general & admin | $871.00M | $958.00M | $833.00M | $869.00M | $860.00M | -9.1% |
| Pre-tax income | $1.06B | $863.00M | $971.00M | $1.02B | $935.00M | +23.2% |
| Tax provision | $245.00M | $199.00M | $212.00M | $233.00M | $219.00M | +23.1% |
| Net income | $818.00M | $664.00M | $759.00M | $792.00M | $716.00M | +23.2% |
| Net income to common | $781.00M | $620.00M | $718.00M | $754.00M | $679.00M | +26.0% |
| Basic EPS | 5.35 | 4.16 | 4.71 | 4.85 | 4.26 | +28.6% |
| Diluted EPS | 5.32 | 4.13 | 4.67 | 4.82 | 4.24 | +28.8% |
| Basic shares | 145.98M | 149.04M | 152.44M | 155.46M | 159.39M | -2.1% |
| Diluted shares | 146.76M | 150.11M | 153.71M | 156.55M | 160.00M | -2.2% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | YoY |
|---|---|---|---|---|---|---|
| Cash & equivalents | $17.44B | $16.35B | $18.77B | $18.70B | $21.43B | +6.7% |
| Property, plant & equipment | $1.73B | $1.72B | $1.63B | $1.62B | $1.65B | +0.6% |
| Goodwill & intangibles | $8.51B | $8.52B | $8.53B | $8.54B | $8.55B | -0.1% |
| Total assets | $219.26B | $214.74B | $213.51B | $211.28B | $211.58B | +2.1% |
| Current debt | $4.55B | $7.80B | $2.10B | $2.00B | $2.00B | -41.7% |
| Long-term debt | $13.57B | $11.18B | $10.91B | $12.93B | $12.38B | +21.4% |
| Total debt | $18.12B | $18.98B | $13.01B | $14.93B | $14.38B | -4.5% |
| Total liabilities | $191.31B | $186.76B | $184.33B | $182.55B | $183.06B | +2.4% |
| Retained earnings | $22.04B | $21.48B | $20.88B | $20.39B | $19.87B | +2.6% |
| Shareholder equity | $27.95B | $27.97B | $29.18B | $28.73B | $28.52B | -0.1% |
| Net tangible assets | $19.43B | $19.45B | $20.65B | $20.19B | $19.98B | -0.1% |
| Shares issued | 180.13M | 179.44M | 179.44M | 179.44M | 179.44M | +0.4% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | YoY |
|---|---|---|---|---|---|---|
| Net income | $818.00M | $664.00M | $759.00M | $792.00M | $716.00M | +23.2% |
| Depreciation & amortisation | $93.00M | $97.00M | $122.00M | $122.00M | $124.00M | -4.1% |
| Change in working capital | $225.00M | $103.00M | -$497.00M | $12.00M | -$78.00M | +118.4% |
| Operating cash flow | $1.27B | $1.01B | $523.00M | $1.00B | $844.00M | +25.3% |
| Capital expenditure | -$21.00M | -$96.00M | -$56.00M | -$36.00M | -$26.00M | +78.1% |
| Investing cash flow | -$3.83B | -$4.32B | -$3.83B | -$423.00M | -$2.21B | +11.5% |
| Share buybacks | -$460.00M | -$1.64B | -$502.00M | -$404.00M | -$1.07B | +71.9% |
| Dividends paid | -$256.00M | -$275.00M | -$262.00M | -$274.00M | -$243.00M | +6.9% |
| Financing cash flow | $3.65B | $891.00M | $1.25B | -$1.18B | $28.00M | +309.4% |
| Free cash flow | $1.25B | $916.00M | $467.00M | $965.00M | $818.00M | +36.1% |
| End cash position | $17.44B | $16.35B | $18.77B | $1.95B | $21.43B | +6.7% |
Options analytics
Put / call volume
0.54
Call-heavy session
Put / call open interest
0.54
Positioning, not flow
Max pain
270.00
+23.4% from spot
ATM implied vol
0.8%
Nearest strike to spot
Skew (10% OTM)
0.0%
Calls bid over puts
Call volume
28
Contracts, this expiry
Put volume
15
Contracts, this expiry
Heaviest call OI
280.00
8 contracts
Heaviest put OI
270.00
5 contracts
Max pain is the strike at which the largest dollar value of open contracts expires worthless. It describes current positioning; it is not a forecast and it moves as open interest changes.
Put/call ratios, max pain, implied volatility skew and where open interest is concentrated.
Earnings
Reported vs expected · EPS
| Quarter | Est. | Actual | Surprise |
|---|---|---|---|
| Jun 2026 | 4.66 | 5.32 | +14.1% |
| Mar 2026 | 4.02 | 4.13 | +2.7% |
| Dec 2025 | 4.47 | 4.67 | +4.5% |
| Sep 2025 | 4.39 | 4.82 | +9.8% |
Forward consensus
| Period | EPS | Analysts | Revenue | Growth |
|---|---|---|---|---|
| Current quarter | 4.92 | 13 | $2.52B | +0.4% |
| Next quarter | 4.95 | 13 | $2.54B | +2.6% |
| Current year | 19.29 | 16 | $10.05B | +3.7% |
| Next year | 21.03 | 16 | $10.41B | +3.6% |
Analyst targets & ownership
Mean target$253.08
High target$301.00
Low target$224.00
Implied upside15.70%
Analyst count18
ConsensusHOLD
Strong buy / Buy2 / 3
Hold14
Sell / Strong sell1 / 0
Held by insiders0.32%
Held by institutions92.51%
Institutions holding1.51K
Price targets, consensus spread, insider and institutional ownership.
Moving averages & technicals
SMA 10
218.85
-0.05% from price
SMA 20
225.43
-2.97% from price
SMA 50
237.42
-7.87% from price
SMA 100
233.63
-6.37% from price
SMA 200
224.05
-2.37% from price
EMA 12
221.02
-1.03% from price
EMA 26
226.69
-3.51% from price
EMA 50
231.39
-5.47% from price
RSI (14)
31.9
Neutral
MACD (12,26,9)
-5.67
Hist -0.03
ATR (14)
3.58
1.64% of price
Realised vol 30D
17.5%
Annualised
Bollinger upper
241.31
20, 2σ
Bollinger lower
209.54
20, 2σ
50 / 200 cross
Golden
237.42 vs 224.05
Trend bias
Below 200
-2.37%
Options chain
Calls
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Puts
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Every listed expiry, both sides of the book, with volume, open interest and implied volatility.
Risk profile
Beta vs SPY
0.63
Less volatile than market
Correlation to SPY
0.38
Loosely linked
Realised vol 30D
17.5%
Annualised
Market vol 1Y
13.0%
SPY, annualised
Max drawdown 1Y
-17.5%
Peak to trough
Max drawdown 5Y
-43.1%
Peak to trough
ATR 14
3.58
1.64% of price
Beta (reported)
0.62
5Y monthly, from filing
Short interest
Shares short
5.19M
Prior 5.61M
Change vs prior
-7.4%
Shorts covering
% of float
4.17%
Normal
% of shares out
3.60%
Against total outstanding
Days to cover
5.1
Crowded exit
Float
143.74M
Freely tradeable shares
Exchanges publish short interest twice a month with a settlement lag, so this is roughly two weeks behind. Days to cover divides shares short by average daily volume — it estimates how long covering would take, not whether it will happen.
Rating changes
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Oct 5, 26 | UBS | MAINTAINED | Neutral | Neutral |
| Oct 2, 26 | JP Morgan | MAINTAINED | Neutral | Neutral |
| Oct 1, 26 | Evercore ISI Group | MAINTAINED | In-Line | In-Line |
| Sep 28, 26 | Morgan Stanley | MAINTAINED | Overweight | Overweight |
| Sep 23, 26 | Truist Securities | MAINTAINED | Hold | Hold |
| Sep 8, 26 | Morgan Stanley | UPGRADE | Equal-Weight | Overweight |
| Aug 19, 26 | Cantor Fitzgerald | MAINTAINED | Overweight | Overweight |
| Aug 3, 26 | UBS | MAINTAINED | Neutral | Neutral |
| Jul 29, 26 | JP Morgan | MAINTAINED | Neutral | Neutral |
| Jul 21, 26 | Truist Securities | MAINTAINED | Hold | Hold |
| Jul 16, 26 | DA Davidson | MAINTAINED | Neutral | Neutral |
| Jul 16, 26 | RBC Capital | MAINTAINED | Outperform | Outperform |
Dividends & splits
Forward rate$6.00 / yr
Forward yield2.74%
5-year avg yield3.02%
Payout ratio31.71%
Ex-dividend dateSep 1, 2026
Next pay dateSep 30, 2026
Last split10:1
Split dateOct 6, 2000
SEC filings
Corporate Changes & Voting Matters
8-K · 2026-09-28
Corporate Changes & Voting Matters
8-K · 2026-09-22
Corporate Changes & Voting Matters
8-K · 2026-09-14
Annual Report of Proxy Voting Record of Registered Management Investment Companies filed on Form N-PX
N-PX · 2026-08-04
Trading Registrations
8-A12B · 2026-07-21
Corporate Changes & Voting Matters
8-K · 2026-07-15
Annual report of employee stock purchase
11-K · 2026-06-26
Corporate Changes & Voting Matters
8-K · 2026-06-16
Headlines
Autonomous Research Adjusts M&T Bank PT to $233 From $243, Maintains Neutral Rating
MT Newswires · 15h ago
2 S&P 500 Stocks to Research Further and 1 Facing Headwinds
StockStory · 2d ago
Goldman Sachs Adjusts M&T Bank Price Target to $240 From $255, Maintains Neutral Rating
MT Newswires · 2d ago
Why M&T Bank Corporation (MTB) is a Top Dividend Stock for Your Portfolio
Zacks · 5d ago
Orbit International Closes on New $6,000,000 Credit Facility; Also Completes $4,075,000 Private Placement
GlobeNewswire · 5d ago
JPMorgan Adjusts M&T Bank Price Target to $248.50 From $265.50, Maintains Neutral Rating
MT Newswires · 5d ago
M&T Bank/Wilmington Trust Women Leaders to Receive 2026 Awards from American Banker
PR Newswire · 5d ago
Evercore ISI Cuts M&T Bank Price Target to $230 From $260, Maintains In Line Rating
MT Newswires · 6d ago
PRIVATE STRATEGY · BY QUALIFICATION
The same data. A different seat.
The research you are reading is the input layer for a discretionary options program we run for a small number of qualified investors. Minimum $1,000,000.