Investment Analysts’ Weekly Ratings Updates for M&T Bank (MTB)

M&T Bank (NYSE: MTB) has recently received a number of price target changes and ratings updates:

• 6/29/2026 – M&T Bank had its “positive” rating reaffirmed by Morgan Stanley.
• 6/29/2026 – M&T Bank had its price target raised by Morgan Stanley from $245.00 to $253.00. They now have an “equal weight” rating on the stock.
• 6/23/2026 – M&T Bank had its price target raised by Royal Bank Of Canada from $225.00 to $230.00. They now have an “outperform” rating on the stock.
• 6/20/2026 – M&T Bank was upgraded by Wall Street Zen from “sell” to “hold”.
• 6/4/2026 – M&T Bank had its “buy (b)” rating reaffirmed by Weiss Ratings.
• 5/21/2026 – M&T Bank had its “outperform” rating reaffirmed by Royal Bank Of Canada. They now have a $225.00 price target on the stock.

M&T Bank Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Monday, June 1st were paid a $1.50 dividend. This represents a $6.00 annualized dividend and a dividend yield of 2.5%. The ex-dividend date of this dividend was Monday, June 1st. M&T Bank’s dividend payout ratio (DPR) is 33.59%.

Insider Buying and Selling at M&T Bank

In other news, EVP Christopher E. Kay sold 3,105 shares of the company’s stock in a transaction on Thursday, May 7th. The stock was sold at an average price of $216.50, for a total transaction of $672,232.50. Following the transaction, the executive vice president owned 6,753 shares of the company’s stock, valued at $1,462,024.50. This represents a 31.50% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. 0.44% of the stock is currently owned by insiders.

M&T Bank Corporation is a bank holding company headquartered in Buffalo, New York, that provides a broad range of banking and financial services to individuals, businesses and institutions. The company operates a commercial and retail banking franchise that includes deposit-taking, lending, and payment services delivered through branch networks, digital channels and commercial banking teams. M&T serves customers across the northeastern and mid‑Atlantic United States and has expanded its geographic footprint through strategic acquisitions.

Its core businesses include commercial banking for middle‑market and community businesses, consumer and retail banking, mortgage origination and servicing, treasury and cash management, and wealth management and trust services.