MTB
Q4 2026 EPS Estimate
$4.93
Oct 16, 2026 · Reports before open
Revenue Estimate
$2.53B
FY2026E EPS$19.31
FY2027E EPS$21.07

Analyst Sentiment

Wall St. Consensus
Hold
22 analysts·High coverage
57
Score
7 Buy (32%)14 Hold (64%)1 Sell (4%)
Rating Breakdown
Strong Buy
00%
Buy
732%
Hold
1464%
Sell
15%
Strong Sell
00%

Analyst ratings reflect Wall Street opinion, not guarantees. Historical accuracy varies by firm and sector.

Price Target Expectations

Bear
$224.00
-11.8%
Consensus
$257.50
+1.4%
Bull
$300.00
+18.2%
12-Month Target Range22 analysts
$224.00$257.50$300.00
Current $253.88Consensus
Current Price
$253.88
Upside to Consensus
$3.62

Price targets are 12-month analyst forecasts. Actual results depend on earnings, market conditions, and sector trends.

Earnings & Revenue Estimates

Forward Growth Estimates (YoY)
FY2027
Rev+3.57%
EPS+9.13%
FY2028
Rev+4.42%
EPS+10.13%
Raw consensus estimates (low / average / high) from covering analysts.
Annual
MetricFY2026EFY2027EFY2028E
Revenue Avg$10.06B$10.42B$10.88B
Low$10.03B$10.36B$10.78B
High$10.08B$10.47B$11.06B
EBITDA Avg$3.53B$3.65B$3.82B
Low$3.52B$3.63B$3.78B
High$3.54B$3.67B$3.88B
EBIT Avg$3.12B$3.23B$3.37B
Low$3.11B$3.21B$3.34B
High$3.12B$3.24B$3.43B
Net Income Avg$3.03B$3.32B$3.62B
Low$2.97B$3.25B$3.51B
High$3.09B$3.38B$3.72B
EPS Avg$19.31$21.07$23.20
Low$18.99$20.75$22.44
High$19.74$21.61$23.79
Analysts (Rev / EPS)7 / 128 / 135 / 7
Quarterly
MetricQ3 2026Q4 2026Q1 2027Q2 2027Q3 2027Q4 2027Q1 2028Q2 2028
Revenue Avg$2.53B$2.55B$2.55B$2.60B$2.64B$2.66B$2.71B$2.73B
Low$2.51B$2.53B$2.53B$2.58B$2.62B$2.64B$2.68B$2.70B
High$2.55B$2.57B$2.57B$2.61B$2.66B$2.68B$2.72B$2.74B
EBITDA Avg$888M$896M$896M$911M$926M$935M$949M$957M
Low$880M$889M$888M$903M$919M$927M$941M$948M
High$893M$903M$901M$916M$932M$940M$954M$962M
EBIT Avg$785M$791M$792M$805M$819M$826M$839M$845M
Low$778M$785M$785M$798M$812M$819M$831M$838M
High$789M$798M$796M$810M$823M$831M$843M$850M
Net Income Avg$773M$778M$722M$841M$861M$882M$799M$943M
Low$752M$766M$714M$832M$852M$872M$790M$933M
High$800M$785M$728M$847M$868M$888M$805M$951M
EPS Avg$4.93$4.97$4.61$5.37$5.50$5.63$5.10$6.03
Low$4.81$4.89$4.56$5.31$5.44$5.57$5.05$5.96
High$5.11$5.01$4.65$5.41$5.54$5.67$5.14$6.07
Analysts (Rev / EPS)5 / 95 / 84 / 34 / 44 / 34 / 43 / 43 / 5

Earnings Surprises

Recent Analyst Actions

Aug 3, 2026UBS
M&T Bank price target raised to $255 from $252 at UBS
Target:$255.00
+2.4%from $249.10
Jul 29, 2026UBS
M&T Bank price target raised to $280 from $245 at Argus
Target:$280.00
+11.1%from $252.02
Jul 23, 2026Deutsche Bank
M&T Bank downgraded to Hold from Buy at Deutsche Bank
Target:$250.00
-0.3%from $250.73
Jul 21, 2026Truist Financial
M&T Bank price target raised to $268 from $230 at Truist
Target:$268.00
+7.4%from $249.44
Jul 16, 2026D.A. Davidson
M&T Bank price target raised to $266 from $263 at DA Davidson
Target:$266.00
+5.5%from $252.07
Jul 16, 2026RBC Capital
M&T Bank price target raised to $255 from $230 at RBC Capital
Target:$255.00
+2.6%from $248.53
Jul 16, 2026Robert W. Baird
M&T Bank price target raised to $250 from $240 at Baird
Target:$250.00
+0.6%from $248.53
Jul 16, 2026Wells Fargo
M&T Bank price target raised to $224 from $215 at Wells Fargo
Target:$224.00
-9.9%from $248.53
Jul 16, 2026Barclays
M&T Bank price target raised to $267 from $236 at Barclays
Target:$267.00
+7.4%from $248.53
Jul 15, 2026Jefferies
M&T Bank price target raised to $300 from $275 at Jefferies
Target:$300.00
+20.7%from $248.53
Jul 15, 2026Cantor Fitzgerald
M&T Bank price target raised to $262 from $253 at Cantor Fitzgerald
Target:$262.00
+8.3%from $241.85
Jul 7, 2026UBS
M&T Bank price target raised to $252 from $225 at UBS
Target:$252.00
+4.5%from $241.18
Jul 6, 2026Evercore ISI
M&T Bank price target raised to $260 from $225 at Evercore ISI
Target:$260.00
+8.6%from $239.37
Jul 6, 2026Wells Fargo
M&T Bank price target raised to $215 from $205 at Wells Fargo
Target:$215.00
-10.0%from $238.88
Jul 6, 2026Robert W. Baird
M&T Bank downgraded to Neutral from Outperform at Baird
Target:$240.00
+0.5%from $238.88
Jun 29, 2026Morgan Stanley
M&T Bank price target raised to $253 from $245 at Morgan Stanley
Target:$253.00
+6.8%from $236.99
Apr 17, 2026Cantor Fitzgerald
M&T Bank price target lowered to $253 from $255 at Cantor Fitzgerald
Target:$253.00
+16.6%from $216.95
Apr 16, 2026UBS
M&T Bank price target raised to $235 from $233 at DA Davidson
Target:$235.00
+8.0%from $217.57
Apr 16, 2026RBC Capital
M&T Bank price target raised to $225 from $220 at RBC Capital
Target:$225.00
+3.6%from $217.10
Jan 20, 2026Truist Financial
M&T Bank price target raised to $230 from $217 at Truist
Target:$230.00
+8.3%from $212.28
Jan 20, 2026RBC Capital
M&T Bank price target raised to $220 from $210 at RBC Capital
Target:$220.00
+3.6%from $212.28
Jan 16, 2026Jefferies
M&T Bank price target raised to $255 from $250 at Jefferies
Target:$255.00
+20.6%from $211.38
Jan 6, 2026Goldman Sachs
M&T Bank price target raised to $230 from $207 at Goldman Sachs
Target:$230.00
+10.1%from $208.81
Jan 5, 2026Barclays
M&T Bank price target raised to $236 from $220 at Barclays
Target:$236.00
+15.7%from $204.04
Oct 17, 2025Truist Financial
M&T Bank price target lowered to $217 from $227 at Truist
Target:$217.00
+20.7%from $179.79
Data is provided for informational purposes only and does not constitute investment advice. Past performance is not indicative of future results.