Top Wall Street Forecasters Revamp M&T Bank Expectations Ahead Of Q3 Earnings

Benzinga
2025/10/16

M&T Bank Corporation (NYSE:MTB) will release earnings results for the third quarter, before the opening bell on Thursday, Oct. 16.

Analysts expect the Buffalo, New York-based company to report quarterly earnings at $4.39 per share, up from $4.03 per share in the year-ago period. M&T Bank projects quarterly revenue of $2.44 billion, compared to $2.33 billion a year earlier, according to data from Benzinga Pro.

On July 16, M&T Bank reported better-than-expected second-quarter financial results.

Shares of M&T Bank fell 1.1% to close at $185.03 on Wednesday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let's have a look at how Benzinga's most-accurate analysts have rated the company in the recent period.

  • UBS analyst Eriks Najarian maintained a Neutral rating and raised the price target from $207 to $208 on Oct. 7, 2025. This analyst has an accuracy rate of 62%.
  • Piper Sandler analyst Scott Siefers assumed coverage on the stock with an Overweight rating and a price target of $225 on Oct. 6, 2025. This analyst has an accuracy rate of 72%.
  • Evercore ISI Group analyst John Pancari maintained an Outperform rating and boosted the price target from $222 to $225 on Sept. 30, 2025. This analyst has an accuracy rate of 63%.
  • Morgan Stanley analyst Manan Gosalia downgraded the stock from Overweight to Equal-Weight and raised the price target of $236 to $251 on Sept. 29, 2025. This analyst has an accuracy rate of 73%.
  • Jefferies analyst David Chiaverini maintained a Buy rating and raised the price target from $220 to $240 on Sept. 3, 2025. This analyst has an accuracy rate of 66%

Considering buying MTB stock? Here’s what analysts think:

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