M&T Bank Investors Should Focus on This

One of the losers of today's trading session was M&T Bank. Shares of the State commercial banks company plunged -3.72%, and some investors may be wondering if its price of $146.46 would make a good entry point. Here's what you should know if you are considering this investment:

  • M&T Bank has moved -8.17% over the last year, and the S&P 500 logged a change of -2.93%

  • MTB has an average analyst rating of buy and is -17.03% away from its mean target price of $176.52 per share

  • Its trailing earnings per share (EPS) is $11.41

  • M&T Bank has a trailing 12 month Price to Earnings (P/E) ratio of 12.84 while the S&P 500 average is None

  • Its forward earnings per share (EPS) is $18.38 and its forward P/E ratio is 7.97

  • The company has a Price to Book (P/B) ratio of 1.068 in contrast to the S&P 500's average ratio of None

  • M&T Bank is part of the Finance sector, which has an average P/E ratio of None and an average P/B of None

  • M&T Bank Corporation is an American bank holding company headquartered in Buffalo, New York.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.