Top Wall Street Forecasters Revamp M&T Bank Expectations Ahead Of Q1 Earnings

Benzinga Earnings
04/13

M&T Bank Corporation (NYSE:MTB) will release earnings for its first quarter before the opening bell on Wednesday, April 15.

Analysts expect the Buffalo, New York-based company to report quarterly earnings of $4.00 per share. That’s up from $3.32 per share in the year-ago period. The consensus estimate for M&T Bank's quarterly revenue is $2.42 billion (it reported $2.31 billion last year), according to Benzinga Pro.

On March 30, M&T Bank announced a $5 billion buyback plan.

Shares of M&T Bank fell 1.4% to close at $219.92 on Friday.

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.

  • Morgan Stanley analyst Manan Gosalia maintained an Equal-Weight rating and cut the price target from $271 to $245 on March 31, 2026. This analyst has an accuracy rate of 73%.
  • Cantor Fitzgerald analyst Dave Rochester maintained an Overweight rating and raised the price target from $238 to $255 on March 3, 2026. This analyst has an accuracy rate of 72%.
  • RBC Capital analyst Gerard Cassidy maintained an Outperform rating and increased the price target from $210 to $220 on Jan. 20, 2026. This analyst has an accuracy rate of 78%.
  • Jefferies analyst David Chiaverini maintained a Buy rating and boosted the price target from $250 to $255 on Jan. 16, 2026. This analyst has an accuracy rate of 69%.
  • TD Cowen analyst Steven Alexopoulos maintained a Buy rating and raised the price target from $245 to $250 on Jan. 7, 2026. This analyst has an accuracy rate of 53%

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

Photo via Shutterstock

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