M&T Bank Likely To Report Higher Q2 Earnings; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

Benzinga
07/07

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

Analysts expect the Buffalo, New York-based company to report quarterly earnings of $4.67 per share, up from $4.24 per share in the year-ago period. The consensus estimate for M&T Bank’s quarterly revenue is $2.46 billion. It reported $2.4 billion last year, according to Benzinga Pro.

On June 23, M&T Bank announced the appointment of Krista Phillips as its Delaware regional president.

M&T Bank shares rose 0.4% to close at $239.92 on Monday.

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.

  • Baird analyst David George downgraded the stock from Outperform to Neutral with a price target of $240 on July 6, 2026. This analyst has an accuracy rate of 73%.
  • Morgan Stanley analyst Manan Gosalia maintained an Equal-Weight rating and increased the price target from $245 to $253 on June 29, 2026. This analyst has an accuracy rate of 74%.
  • RBC Capital analyst Gerard Cassidy maintained the stock with an Outperform rating with a price target of $225 on May 21, 2026. This analyst has an accuracy rate of 78%.
  • Cantor Fitzgerald analyst Dave Rochester maintained the stock with an Overweight rating and cut the price target from $255 to $253 on April 17, 2026. This analyst has an accuracy rate of 75%.
  • DA Davidson analyst Peter Winter maintained the stock with a Neutral rating and increased the price target from $233 to $235 on April 16, 2026. This analyst has an accuracy rate of 80%.

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

Photo via Shutterstock

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