DA Davidson has adjusted the price target for M&T Bank (MTB, Financial), now setting it at $189 down from the previous $205, while maintaining a Neutral rating on the bank's shares. This revision follows the bank's updated guidance for its 2025 financial outlook. M&T Bank has lowered its expectations for net interest income, reflecting a diminished outlook for average loans and deposits. Despite these adjustments, the bank anticipates an overall increase in net interest income throughout 2025.
Additionally, the bank has reported improvements in its credit metrics, with reductions observed in both non-performing assets and criticized loans. These positive developments in credit quality underline the bank's ongoing efforts to strengthen its financial position amid a challenging economic environment.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 18 analysts, the average target price for M&T Bank Corp (MTB, Financial) is $197.57 with a high estimate of $240.00 and a low estimate of $158.21. The average target implies an upside of 24.53% from the current price of $158.65. More detailed estimate data can be found on the M&T Bank Corp (MTB) Forecast page.
Based on the consensus recommendation from 20 brokerage firms, M&T Bank Corp's (MTB, Financial) average brokerage recommendation is currently 2.2, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for M&T Bank Corp (MTB, Financial) in one year is $180.33, suggesting a upside of 13.67% from the current price of $158.65. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the M&T Bank Corp (MTB) Summary page.
