M&T Bank Corporation (MTB)
170.43 USD +3.03 (+1.81%) Volume: 1.01M
M&T Bank Corporation’s stock price soared to 170.43 USD, marking a significant trading session increase of +1.81% with a robust trading volume of 1.01M. YTD performance also shows a promising trend with a +24.33% surge, highlighting MTB’s strong market position and growth potential.
Latest developments on M&T Bank Corporation
Today, M&T Bank Corp. (MTB) stock is making headlines as it continues to rise, despite still underperforming the market. Analysts at Morgan Stanley have shown strong confidence in the company, listing it among their highest conviction stocks. Meanwhile, Raymond James & Associates recently sold off a significant number of shares in M&T Bank Corp. (NYSE:MTB). Investors are closely watching as they decode the strategic SWOT insights of the company to better understand its stock price movements.
A look at M&T Bank Corporation Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 3 | |
| Growth | 4 | |
| Resilience | 3 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.6 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Based on the Smartkarma Smart Scores, M & T Bank Corp has a positive long-term outlook. The company scores well in value, growth, and momentum, indicating strong performance in these areas. With a focus on providing commercial banking, trust, and investment services, M & T Bank Corp is well-positioned to continue its growth and resilience in the market.
Despite a slightly lower score in dividends and resilience, M & T Bank Corp‘s overall outlook remains favorable. The company’s presence in various states along the East Coast provides a solid foundation for continued success. Investors may find M & T Bank Corp to be a promising investment opportunity based on its strong performance across multiple factors.
Summary: M&T Bank Corporation is a bank holding company that offers commercial banking, trust, and investment services through its branch offices in several states along the East Coast.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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