Before accessing this site, you agree that you have read and agree to the disclaimers at the bottom of this page.
Last Price: 132.78 - Change: 1.95 - Change %: 1.4905
Industry: Banks - RegionalFollow @stockchartsai on Twitter
In the past 30 trading days, MTB has been trading in a range between $125.65 and $107.83 (gray range band). Red lines on the chart represent key resistance levels and Green lines represent key support levels. As the price moves above the lines you will notice they turn green and red if price moves below a line.
MTB is trading below resistance at $141.55, about 7% to the upside. There is support at $127.73 -4% to the downside. If it can break above the resistance, it could have some more upside. If the price starts to turn down and fails to get through this level or enters a yellow zone, we would consider profit taking or exiting the position. If it enters a red zone on the chart we would exit the position.
M&T Bank Corp (MTB) entered a Green zone 17 days ago on the AI powered stock chart. Wall Street analysts have a recent rating of 3.870, which is a Buy. The current analyst target price is $152.08, which gives it a potential upside of 14.54 % from the recent price of 132.78. The stock is trading 17.25% (potential upside) below its 52 week high of $155.69 and 25.24 % (potential downside) above its 52 week low of $106.02 - based on the recent price.
M&T Bank Corporation operates as a bank holding company for Manufacturers and Traders Trust Company and Wilmington Trust, National Association that offer retail and commercial banking products and services in the United States The company's Business Banking segment offers deposit, lending, cash management, and other financial services to small businesses and professionals. Its Commercial Banking segment provides deposit products, commercial lending and leasing, letters of credit, and cash management services for middle-market and large commercial customers.
|M&T Bank Corporation to Participate in the Goldman Sachs US Financial Services Conference
BUFFALO, N.Y. , Nov. 21, 2023 /PRNewswire/ -- M&T Bank Corporation ("M&T") (NYSE:MTB) will participate in the Goldman Sachs US Financial Services Conference being held in New York City.
Tue, 21 Nov 2023 12:55:00 -0500
|M&T Bank Gives $100,000 to Five Charities in Maine to Support Lewiston Recovery Efforts
PORTLAND, Maine , Nov. 15, 2023 /PRNewswire/ -- The M&T Charitable Foundation, the philanthropic arm of M&T Bank (NYSE: MTB), announced today that it has committed $100,000 to five separate charities in Maine to support the ongoing response to the horrific mass shooting in Lewiston. "The tragedy in Lewiston is unfathomable and the effort to recover is immense," said Phil Cohen, Regional President of Maine for M&T Bank.
Wed, 15 Nov 2023 09:48:00 -0500
|M&T Bank Corporation Announces Fourth Quarter Common Stock Dividend
BUFFALO, N.Y. , Nov. 14, 2023 /PRNewswire/ -- M&T Bank Corporation ("M&T") (NYSE:MTB) announced that it has declared a quarterly cash dividend of $1.30 per share on its common stock.
Tue, 14 Nov 2023 16:51:00 -0500
|Q3 List Of Banks And Their Increasing Paper Losses In Their Debt Securities Portfolios
Many banks have reported significantly larger unrealized securities losses in 3Q as interest rates rose in the quarter. The unrealized losses have grown so large as to be orange flags for a few banks. One of the reasons there could be new increased capital requirements is because of the large unrealized losses across the banking industry.
Source: Seeking Alpha
Sat, 11 Nov 2023 04:19:18 -0500
|Banking and trucking: Is the economy rolling toward troubles?
The SPDR S&P Regional Banking ETF NYSEARCA: KRE closed 1.08% lower on November 6, after a privately held regional bank was closed by the Iowa Division of Banking.
Tue, 07 Nov 2023 08:41:34 -0500
Stock Analyzed Each Night
Easily Upload Track Your Stocks
See Lists of Stocks Starting New Trends
The information contained on this website is solely for educational purposes, and does not constitute investment advice. The risk of trading in securities markets can be substantial. By accessing this site, you agree we are not liable, whether in contract, tort (including negligence) or otherwise, in respect of any damage, expense or other loss you may suffer arising out of such information or any reliance you may place upon such information from this site. Stocks, Futures and options trading has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the stock, futures and options markets. Don't trade with money you can't afford to lose. This website is neither a solicitation nor an offer to Buy/Sell futures or options. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this website. The past performance of any trading system or methodology is not necessarily indicative of future results. Individual results may vary, and testimonials are not claimed to represent typical results. All testimonials are by real people, and may not reflect the typical purchaser’s experience, and are not intended to represent or guarantee that anyone will achieve the same or similar results. HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY, SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.