M&T Bank (MTB) Stock Forecast, Price Target & Predictions
MTB Stock Forecast
M&T Bank stock forecast is as follows: an average price target of $184.69 (represents a 9.36% upside from MTB’s last price of $168.88) and a rating consensus of 'Buy', based on 13 wall street analysts offering a 1-year stock forecast.
MTB Price Target
The average price target for M&T Bank (MTB) is $184.69 based on 1-year price targets from 13 Wall Street analysts in the past 3 months, with a price target range of $250.00 to $142.00. This represents a potential 9.36% upside from MTB's last price of $168.88.
MTB Analyst Ratings
According to 13 Wall Street analysts, M&T Bank's rating consensus is 'Buy'. The analyst rating breakdown for MTB stock is 0 'Strong Buy' (0.00%), 8 'Buy' (61.54%), 4 'Hold' (30.77%), 1 'Sell' (7.69%), and 0 'Strong Sell' (0.00%).
M&T Bank Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Jul 22, 2024 | Frank Schiraldi | Piper Sandler | $190.00 | $165.25 | 14.98% | 12.51% |
| Jul 19, 2024 | Peter Winter | D.A. Davidson | $185.00 | $169.11 | 9.40% | 9.55% |
| Jun 12, 2024 | Frank Schiraldi | Piper Sandler | $164.00 | $140.83 | 16.45% | -2.89% |
| Jun 04, 2024 | Ken Usdin | Jefferies | $160.00 | $148.51 | 7.73% | -5.26% |
| Apr 16, 2024 | Mike Mayo | Wells Fargo | $150.00 | $140.94 | 6.43% | -11.18% |
| Apr 15, 2024 | Frank Schiraldi | Piper Sandler | $152.00 | $134.56 | 12.96% | -10.00% |
| Apr 15, 2024 | Gerard Cassidy | RBC Capital | $160.00 | $134.56 | 18.91% | -5.26% |
| Apr 15, 2024 | Ken Usdin | Jefferies | $151.00 | $134.56 | 12.22% | -10.59% |
| Jan 22, 2024 | Matt Bryson | Wedbush | $250.00 | $139.39 | 79.35% | 48.03% |
| Jan 03, 2023 | - | Barclays | $194.00 | $145.06 | 33.74% | 14.87% |
The latest M&T Bank stock forecast, released on Jul 22, 2024 by Frank Schiraldi from Piper Sandler, set a price target of $190.00, which represents a 14.98% increase from the stock price at the time of the forecast ($165.25), and a 12.51% increase from MTB last price ($168.88).
M&T Bank Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 2 | 9 |
| Avg Price Target | - | $187.50 | $173.56 |
| Last Closing Price | $168.88 | $168.88 | $168.88 |
| Upside/Downside | -100.00% | 11.03% | 2.77% |
In the current month, the average price target of M&T Bank stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to M&T Bank's last price of $168.88. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Aug 15, 2024 | Sandler O'Neill | Underperform | Underperform | Hold |
| Aug 15, 2024 | Wells Fargo | Market Perform | Market Perform | Hold |
| Aug 14, 2024 | Wells Fargo | Market Perform | Underweight | Downgrade |
| Aug 05, 2024 | Morgan Stanley | Overweight | Overweight | Hold |
| Jul 22, 2024 | Piper Sandler | Overweight | Overweight | Hold |
| Jul 19, 2024 | Keefe, Bruyette & Woods | Market Perform | Market Perform | Hold |
| Jul 19, 2024 | RBC Capital | Outperform | Outperform | Hold |
| Jul 19, 2024 | Sandler O'Neil | Underperform | Underperform | Hold |
| Jul 19, 2024 | Sandler O'Neill | Market Perform | Market Perform | Hold |
| Jul 08, 2024 | Citigroup | Buy | Buy | Hold |
M&T Bank's last stock rating was published by Sandler O'Neill on Aug 15, 2024. The company gave MTB a "Underperform" rating, the same as its previous rate.
M&T Bank Financial Forecast
M&T Bank Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | $2.33B | $2.38B | $2.41B | $2.37B | $2.24B | - | $1.45B | $1.51B | $1.54B | $1.46B | $1.49B | $1.54B | $1.46B | $1.44B | $1.51B | $1.53B | $1.56B |
| Avg Forecast | $4.47B | $4.35B | $4.23B | $4.11B | $2.43B | $2.41B | $2.37B | $2.32B | $2.33B | $2.32B | $2.28B | $2.26B | $2.28B | $2.32B | $2.36B | $2.39B | $2.37B | $2.30B | $2.05B | $1.47B | $1.47B | $1.48B | $1.49B | $1.48B | $1.46B | $1.46B | $1.47B | $1.48B | $1.52B | $1.53B |
| High Forecast | $4.54B | $4.41B | $4.29B | $4.17B | $2.47B | $2.44B | $2.40B | $2.36B | $2.36B | $2.35B | $2.31B | $2.29B | $2.31B | $2.36B | $2.40B | $2.42B | $2.41B | $2.33B | $2.05B | $1.48B | $1.49B | $1.49B | $1.51B | $1.50B | $1.47B | $1.47B | $1.48B | $1.49B | $1.53B | $1.54B |
| Low Forecast | $4.42B | $4.29B | $4.17B | $4.06B | $2.40B | $2.38B | $2.33B | $2.29B | $2.30B | $2.29B | $2.25B | $2.23B | $2.27B | $2.29B | $2.33B | $2.35B | $2.34B | $2.27B | $2.05B | $1.46B | $1.46B | $1.46B | $1.48B | $1.47B | $1.45B | $1.45B | $1.46B | $1.46B | $1.51B | $1.52B |
| # Analysts | 6 | 4 | 4 | 6 | 4 | 3 | 7 | 4 | 4 | 9 | 7 | 4 | 7 | 5 | 6 | 3 | 2 | 2 | 2 | 3 | 4 | 5 | 7 | 7 | 7 | 8 | 7 | 10 | 9 | 6 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.00% | 1.01% | 1.01% | 1.00% | 0.98% | - | 0.98% | 1.03% | 1.04% | 0.98% | 1.00% | 1.05% | 1.00% | 0.98% | 1.02% | 1.01% | 1.02% |
M&T Bank's average Quarter revenue forecast for Dec 23 based on 7 analysts is $2.28B, with a low forecast of $2.27B, and a high forecast of $2.31B. MTB's average Quarter revenue forecast represents a -2.15% decrease compared to the company's last Quarter revenue of $2.33B (Sep 23).
M&T Bank EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 6 | 4 | 4 | 6 | 4 | 3 | 7 | 4 | 4 | 9 | 7 | 4 | 7 | 5 | 6 | 3 | 2 | 2 | 2 | 3 | 4 | 5 | 7 | 7 | 7 | 8 | 7 | 10 | 9 | 6 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | $922.00M | $1.89B | $1.45B | $1.27B | $1.08B | - | $582.71M | $705.42M | $767.10M | $712.92M | $707.92M | $750.37M | $630.46M | $464.36M | $571.02M | $906.53M | $912.58M |
| Avg Forecast | $1.70B | $1.65B | $1.60B | $1.56B | $921.93M | $913.67M | $896.59M | $880.14M | $883.16M | $880.02M | $863.65M | $559.88M | $866.05M | $881.25M | $895.53M | $508.98M | $899.40M | $917.71M | $778.03M | $402.36M | $591.09M | $725.46M | $761.09M | $630.05M | $629.02M | $596.64M | $439.03M | $695.86M | $872.57M | $940.62M |
| High Forecast | $1.72B | $1.67B | $1.63B | $1.58B | $935.04M | $926.66M | $909.33M | $892.65M | $895.72M | $891.45M | $875.93M | $671.85M | $873.68M | $893.77M | $908.26M | $610.78M | $912.18M | $1.10B | $778.03M | $482.83M | $709.31M | $870.55M | $913.31M | $756.06M | $754.82M | $715.97M | $526.84M | $835.03M | $1.05B | $1.13B |
| Low Forecast | $1.67B | $1.63B | $1.58B | $1.54B | $909.72M | $901.57M | $884.71M | $868.47M | $871.46M | $868.59M | $852.20M | $447.90M | $862.23M | $869.57M | $883.66M | $407.18M | $887.48M | $734.16M | $778.03M | $321.88M | $472.87M | $580.37M | $608.87M | $504.04M | $503.22M | $477.31M | $351.22M | $556.69M | $698.05M | $752.49M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.05% | 2.11% | 2.85% | 1.42% | 1.17% | - | 1.45% | 1.19% | 1.06% | 0.94% | 1.12% | 1.19% | 1.06% | 1.06% | 0.82% | 1.04% | 0.97% |
7 analysts predict MTB's average Quarter EBITDA for Dec 23 to be $866.05M, with a high of $873.68M and a low of $862.23M. This is -6.07% lower than M&T Bank's previous annual EBITDA (Sep 23) of $922.00M.
M&T Bank Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 6 | 4 | 4 | 6 | 4 | 3 | 7 | 4 | 4 | 9 | 7 | 4 | 7 | 5 | 6 | 3 | 2 | 2 | 2 | 3 | 4 | 5 | 7 | 7 | 7 | 8 | 7 | 10 | 9 | 6 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | $690.00M | $867.03M | $701.62M | $765.37M | $646.60M | - | $362.17M | $457.97M | $495.46M | $458.07M | $447.25M | $471.14M | $372.14M | $241.05M | $268.82M | $493.07M | $480.08M |
| Avg Forecast | $789.82M | $772.73M | $737.98M | $662.66M | $738.54M | $711.95M | $662.50M | $570.46M | $626.59M | $612.34M | $588.59M | $405.01M | $520.48M | $650.62M | $697.86M | $368.19M | $704.03M | $592.73M | $399.25M | $291.06M | $383.75M | $468.56M | $489.02M | $398.05M | $394.95M | $352.17M | $227.91M | $327.59M | $474.59M | $494.83M |
| High Forecast | $804.42M | $787.00M | $751.62M | $674.91M | $752.19M | $725.11M | $674.74M | $581.01M | $638.17M | $646.26M | $599.46M | $486.02M | $540.34M | $662.65M | $710.76M | $441.83M | $717.04M | $711.28M | $399.25M | $349.27M | $460.49M | $562.28M | $586.82M | $477.66M | $473.94M | $422.61M | $273.49M | $393.11M | $569.51M | $593.80M |
| Low Forecast | $776.22M | $759.41M | $725.27M | $651.25M | $725.81M | $699.69M | $651.09M | $560.64M | $615.79M | $595.38M | $578.45M | $324.01M | $507.72M | $639.41M | $685.84M | $294.55M | $691.90M | $474.19M | $399.25M | $232.85M | $307.00M | $374.85M | $391.22M | $318.44M | $315.96M | $281.74M | $182.32M | $262.07M | $379.68M | $395.87M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.06% | 1.24% | 1.91% | 1.09% | 1.09% | - | 1.24% | 1.19% | 1.06% | 0.94% | 1.12% | 1.19% | 1.06% | 1.06% | 0.82% | 1.04% | 0.97% |
M&T Bank's average Quarter net income forecast for Dec 23 is $520.48M, with a range of $507.72M to $540.34M. MTB's average Quarter net income forecast represents a -24.57% decrease compared to the company's last Quarter net income of $690.00M (Sep 23).
M&T Bank SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 6 | 4 | 4 | 6 | 4 | 3 | 7 | 4 | 4 | 9 | 7 | 4 | 7 | 5 | 6 | 3 | 2 | 2 | 2 | 3 | 4 | 5 | 7 | 7 | 7 | 8 | 7 | 10 | 9 | 6 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | $779.00M | $793.95M | $868.76M | $753.98M | $785.86M | - | $609.12M | $555.10M | $544.44M | $510.37M | $569.89M | $509.15M | $502.87M | $482.89M | $571.49M | $508.57M | $508.77M |
| Avg Forecast | $1.57B | $1.52B | $1.48B | $1.44B | $852.11M | $844.47M | $828.68M | $813.48M | $816.27M | $813.37M | $798.24M | $681.17M | $800.46M | $814.50M | $827.70M | $619.24M | $831.28M | $651.33M | $719.10M | $489.52M | $465.14M | $514.88M | $544.86M | $507.21M | $426.81M | $475.90M | $456.55M | $696.43M | $489.52M | $524.41M |
| High Forecast | $1.59B | $1.55B | $1.50B | $1.46B | $864.22M | $856.48M | $840.46M | $825.04M | $827.88M | $823.93M | $809.59M | $817.40M | $807.51M | $826.08M | $839.47M | $743.09M | $843.10M | $781.59M | $719.10M | $587.43M | $558.16M | $617.86M | $653.83M | $608.65M | $512.17M | $571.08M | $547.86M | $835.72M | $587.42M | $629.29M |
| Low Forecast | $1.55B | $1.50B | $1.46B | $1.42B | $840.82M | $833.28M | $817.70M | $802.70M | $805.46M | $802.80M | $787.66M | $544.93M | $796.93M | $803.71M | $816.73M | $495.40M | $820.26M | $521.06M | $719.10M | $391.62M | $372.11M | $411.91M | $435.89M | $405.76M | $341.45M | $380.72M | $365.24M | $557.14M | $391.62M | $419.53M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.96% | 0.96% | 1.40% | 0.91% | 1.21% | - | 1.24% | 1.19% | 1.06% | 0.94% | 1.12% | 1.19% | 1.06% | 1.06% | 0.82% | 1.04% | 0.97% |
M&T Bank's average Quarter SG&A projection for Dec 23 is $800.46M, based on 7 Wall Street analysts, with a range of $796.93M to $807.51M. The forecast indicates a 2.75% rise compared to MTB last annual SG&A of $779.00M (Sep 23).
M&T Bank EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 6 | 4 | 4 | 6 | 4 | 3 | 7 | 4 | 4 | 9 | 7 | 4 | 7 | 5 | 6 | 3 | 2 | 2 | 2 | 3 | 4 | 5 | 7 | 7 | 7 | 8 | 7 | 10 | 9 | 6 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | $4.00 | $5.07 | $4.03 | $4.32 | $3.55 | - | $2.63 | $3.55 | $3.70 | $3.41 | $3.33 | $3.52 | $2.75 | $1.74 | $1.93 | $3.60 | $3.47 |
| Avg Forecast | $4.71 | $4.61 | $4.40 | $3.95 | $4.40 | $4.25 | $3.95 | $3.40 | $3.74 | $3.65 | $3.51 | $3.01 | $3.10 | $3.88 | $4.16 | $3.94 | $4.20 | $4.01 | $2.39 | $2.21 | $3.27 | $3.50 | $3.65 | $3.00 | $3.03 | $2.61 | $1.65 | $1.91 | $3.47 | $3.58 |
| High Forecast | $4.80 | $4.69 | $4.48 | $4.03 | $4.49 | $4.32 | $4.02 | $3.47 | $3.81 | $3.85 | $3.58 | $3.06 | $3.22 | $3.95 | $4.24 | $4.01 | $4.28 | $4.08 | $2.39 | $2.24 | $3.30 | $3.54 | $3.69 | $3.03 | $3.06 | $2.64 | $1.67 | $1.93 | $3.51 | $3.62 |
| Low Forecast | $4.63 | $4.53 | $4.33 | $3.88 | $4.33 | $4.17 | $3.88 | $3.34 | $3.67 | $3.55 | $3.45 | $2.95 | $3.03 | $3.81 | $4.09 | $3.87 | $4.13 | $3.94 | $2.39 | $2.19 | $3.23 | $3.46 | $3.61 | $2.96 | $2.99 | $2.58 | $1.63 | $1.88 | $3.43 | $3.54 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.03% | 1.22% | 1.02% | 1.03% | 0.89% | - | 1.19% | 1.09% | 1.06% | 0.93% | 1.11% | 1.16% | 1.06% | 1.05% | 1.01% | 1.04% | 0.97% |
According to 7 Wall Street analysts, M&T Bank's projected average Quarter EPS for Dec 23 is $3.10, with a low estimate of $3.03 and a high estimate of $3.22. This represents a -22.39% decrease compared to MTB previous annual EPS of $4.00 (Sep 23).
M&T Bank Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| TFC | Truist Financial | $41.84 | $54.07 | 29.23% | Buy |
| CMA | Comerica | $57.49 | $73.42 | 27.71% | Buy |
| ZION | Zions Bancorporation, National Association | $46.49 | $58.00 | 24.76% | Hold |
| USB | U.S. Bancorp | $44.62 | $54.98 | 23.22% | Buy |
| KEY | KeyCorp | $16.09 | $19.63 | 22.00% | Buy |
| CFG | Citizens Financial Group | $40.09 | $48.33 | 20.55% | Buy |
| FHN | First Horizon | $15.81 | $18.61 | 17.71% | Buy |
| HBAN | Huntington Bancshares | $14.38 | $16.04 | 11.54% | Buy |
| RF | Regions Financial | $21.97 | $24.19 | 10.10% | Buy |
| MTB | M&T Bank | $168.88 | $184.69 | 9.36% | Buy |
| PNC | PNC Financial Services Group | $177.24 | $188.63 | 6.43% | Buy |
| WAL | Western Alliance Ban | $81.91 | $86.75 | 5.91% | Buy |
| FITB | Fifth Third Bancorp | $42.07 | $38.67 | -8.08% | Buy |
| NYCB | New York Community Bancorp | $10.60 | $8.38 | -20.94% | Hold |
MTB Forecast FAQ
Is M&T Bank a good buy?
Yes, according to 13 Wall Street analysts, M&T Bank (MTB) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 8 'Buy' recommendations, accounting for 61.54% of MTB's total ratings.
What is MTB's price target?
M&T Bank (MTB) average price target is $184.69 with a range of $142 to $250, implying a 9.36% from its last price of $168.88. The data is based on 13 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will M&T Bank stock go up soon?
According to Wall Street analysts' prediction for MTB stock, the company can go up by 9.36% (from the last price of $168.88 to the average price target of $184.69), up by 48.03% based on the highest stock price target, and down by -15.92% based on the lowest stock price target.
Can M&T Bank stock reach $300?
MTB's average twelve months analyst stock price target of $184.69 does not support the claim that M&T Bank can reach $300 in the near future.
What are M&T Bank's analysts' financial forecasts?
M&T Bank's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $9.53B (high $9.67B, low $9.4B), average EBITDA is $3.61B (high $3.66B, low $3.56B), average net income is $2.68B (high $2.73B, low $2.64B), average SG&A $3.34B (high $3.39B, low $3.29B), and average EPS is $16.01 (high $16.3, low $15.73). MTB's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $17.16B (high $17.41B, low $16.94B), average EBITDA is $6.51B (high $6.6B, low $6.42B), average net income is $2.96B (high $3.02B, low $2.91B), average SG&A $6.01B (high $6.1B, low $5.93B), and average EPS is $17.67 (high $18, low $17.37).
Did the MTB's actual financial results beat the analysts' financial forecasts?
Based on M&T Bank's last annual report (Dec 2023), the company's revenue was $10.22B, beating the average analysts forecast of $9.36B by 9.26%. Apple's EBITDA was $3.62B, beating the average prediction of $3.15B by 14.82%. The company's net income was $2.74B, beating the average estimation of $2.24B by 22.52%. Apple's SG&A was $108M, missing the average forecast of $3.06B by -96.47%. Lastly, the company's EPS was $15.85, beating the average prediction of $15.09 by 5.06%. In terms of the last quarterly report (Sep 2023), M&T Bank's revenue was $2.34B, beating the average analysts' forecast of $2.32B by 0.43%. The company's EBITDA was $922M, beating the average prediction of $881.25M by 4.62%. M&T Bank's net income was $690M, beating the average estimation of $650.62M by 6.05%. The company's SG&A was $779M, missing the average forecast of $814.5M by -4.36%. Lastly, the company's EPS was $4, beating the average prediction of $3.88 by 3.08%