DJ M&T Bank Corp. Stock Underperforms Wednesday When Compared To Competitors
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Shares of M&T Bank Corp. $(MTB)$ slid 2.76% to $244.55 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.21% to 7,707.98 and the Dow Jones Industrial Average rising 0.22% to 53,463.05.
This was the stock's third consecutive day of losses.
M&T Bank Corp. closed 4.45% below its 52-week high of $255.95, which the company reached on August 17th.
The stock underperformed when compared to some of its competitors Wednesday, as JPMorgan Chase & Co. $(JPM)$ fell 1.65% to $357.26, Bank of America Corp. (BAC) fell 1.65% to $63.17, and Wells Fargo & Co. $(WFC)$ fell 1.67% to $85.94.
Trading volume (1.2 M) eclipsed its 50-day average volume of 1.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled August 19, 2026.