How to Buy M&T Bank Stock
M&T Bank Corp
M&T Bank is a bank company located in New York, United States, which is part of the Financial Services sector, and is traded under the ticker MTB on the NYSE exchange.
M&T Bank stock last closed at $195.02, up 2.02% from the previous day, and has increased 48.43% in one year. It has overperformed other stocks in the Banks - Regional industry by 0.23 percentage points. M&T Bank stock is currently +51.99% from its 52-week low of $128.31, and -13.59% from its 52-week high of $225.70.
As of Jan 14, 2025, there are 165.92M shares of MTB outstanding. The market cap of MTB is $32.36B. In the last 24 hours, 1.51M MTB shares were traded.
How to Buy M&T Bank Stock
Not sure how to invest in M&T Bank stock? Here's how.
- Choose where to buy M&T Bank stock: You need to decide on a stock brokerage, but don't worry - we've analyzed dozens of online stock brokerages and apps to help you decide where to buy M&T Bank stock.
- Sign up for a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Deposit funds into your brokerage account: Pick your payment method and add your details.
- Analyze M&T Bank stock: The M&T Bank ticker symbol is MTB. Is M&T Bank stock a good investment? Should you buy shares of MTB? How do MTB's underlying business fundamentals look? Do top analysts think M&T Bank is a good buy? Why has MTB's stock price moved recently? (Hint: Our stock market analysis tools can help you figure out if MTB is a good stock to buy).
- Place your MTB trade: Decide if you will purchase MTB shares at the current market price or use a limit order to buy MTB stock at a particular price.
- Monitor your investment in MTB: Create a watchlist to important notifications about your investment in M&T Bank stock.
Step 1: Choose where to buy M&T Bank stock
You will need a brokerage account in order to access the NYSE market and buy MTB shares.
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Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've selected your brokerage, it's time to fill out some personal information so you are able to invest in MTB today.
How to Create a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal data to start your new brokerage account.
- Submit your application by hitting the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your brokerage account
Now that you've finished signing up on our top ranked stock trading app, you need to deposit funds:
Check out the walkthrough below if you need help transferring money into your investment account.
Step 4: Analyze M&T Bank stock
Once you have identified the best place to buy M&T Bank stock, it's crucial to research their stock prior to investing, so you truly understand the risk and upside.
M&T Bank Metrics
M&T Bank Due Diligence Checks
WallStreetZen was designed to help average investors perform more in-depth fundamental analysis in less time.
You can see all of the due diligence checks on MTB's stock page.
Is MTB stock properly valued?
You can use many financial metrics, analyses, models, and charts to gauge MTB's fair value.
Using relative valuations ratios:
- MTB may be undervalued based on its P/E ratio of 14.35x, relative to Banks - Regional industry P/E ratio of 33.99x
- MTB may be overvalued based on its P/B ratio of 1.12x, relative to Banks - Regional industry P/B ratio of 1.09x
- MTB may be undervalued based on its PEG ratio of 0.87x
You can access additional valuation research on MTB's stock here.
MTB Financial Summary
Positive Financial Indicators:
- MTB earnings of $2.93B is not enough to cover its interest payments.
- Total MTB debt is lower than 5 years ago, relative to shareholder equity.
Negative Financial Indicators:
- MTB has a relatively high debt to equity ratio of 6.33.
- MTB profit margin has gone down from 31.3% to 26.6% in the past year.
- MTB's operating cash flow of $2.73B allows it to safely service it's debt of $14.19B.
Is it a good time to buy MTB stock, according to analysts?
Out of 16 sell side analysts who give ratings on MTB, the consensus analyst rating on MTB is a Buy
Please note that analyst ratings are not recommendations, nor are they financial advice.
Latest MTB Analyst Recommendations
Frank Schiraldi, a top 8% analyst from Piper Sandler maintains MTB with a strong buy rating and raises their MTB price target from $205.00 to $243.00, on Nov 27, 2024.
Ryan Nash, a top 22% analyst from Goldman Sachs maintains MTB with a hold rating and raises their MTB price target from $216.00 to $243.00, on Nov 26, 2024.
Keith Horowitz, a top 6% analyst from Citigroup downgrades MTB to a hold rating and raises their MTB price target from $220.00 to $230.00, on Nov 25, 2024.
Mike Mayo, a top 10% analyst from Wells Fargo maintains MTB with a strong sell rating and raises their MTB price target from $190.00 to $205.00, on Nov 15, 2024.
John Pancari, a top 16% analyst from Evercore ISI Group maintains MTB with a buy rating and raises their MTB price target from $210.00 to $232.00, on Oct 30, 2024.
You can dive deeper into what analysts are projecting on the M&T Bank stock forecast page.
Metrics for Advanced MTB Traders
MTB Performance Numbers
Last year, MTB earnings were $2.26B. In the last five year, MTB's earnings have gone up by -0.45% per year. This was slower than the Banks - Regional industry average of 29.9%.
Last year, MTB revenue was $8.50B. In the past 5 year, MTB's revenue has grown by 7.06% per year. This was slower than the Banks - Regional industry average of 14.97%.
Learn more about MTB's earnings and revenue performance here.
Who is buying/selling MTB?
Over the past 12 months, insiders at MTB have sold more shares than they have bought.
Gary N. Geisel, Director of MTB, was the latest MTB insider to sell. They sold $537,566.10 worth of MTB shares on Dec 3, 2024.
Research more about who owns MTB shares here.
Does MTB provide a stable income stream?
M&T Bank pays a dividend of 2.05%, compared to the Banks - Regional industry's average dividend yield of 2.96%. If you owned $1,000 worth of MTB stock, you would have received $20.51 in the past year.
M&T Bank dividend payments have consistently grown over the past decade and have remained stable.
Find more data about M&T Bank dividend yield and history here.
Get analysis from other investors
One of the biggest reasons eToro is our highest-rated brokerage is because of its social trading community.
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Step 5: Place your MTB trade
You have two main types of orders:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are generally fine for most investors. - Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
If you want to make sure you're buying or selling at a specific price limit, use a limit order.
Click the Open Trade button and eToro will place the order.
If you want more help buying stocks on eToro, click the helpful video below:
Step 6: Monitor your investment in MTB
Now that you own some MTB shares, you'll want to keep up with your investment.
Start a watchlist to monitor your MTB stock.
MTB Feed
How to Buy Stock in M&T Bank
To summarize, here are the 6 steps for buying M&T Bank stock:
- Choose where to buy M&T Bank stock
- Sign up for a brokerage account
- Deposit funds into your brokerage account
- Analyze M&T Bank stock
- Place your MTB trade
- Monitor your investment in MTB
If you need a brokerage, eToro is our recommended venue.
Get Started with eToro TodayIf you would like to get the latest scoop on your investment in M&T Bank, hit the button below to create your watchlist.
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