Buffalo, New York-based M&T Bank Corporation (MTB) operates as a bank holding company, providing retail and commercial banking products and services. Valued at a market cap of $28.6 billion, the company operates through Commercial Bank, Retail Bank, and Institutional Services and Wealth Management segments. 

Companies worth $10 billion or more are generally described as "large-cap stocks", and M&T Bank fits this description perfectly. The company offers a broad range of banking, investment, insurance, and mortgage services to individuals, businesses, and institutions.

M&T Bank currently trades 20.1% below its all-time high of $225.70 recorded on Nov. 25, 2024. MTB's stock has surged 2.7% over the past three months, notably lagging behind the Nasdaq Composite’s ($NASX) 11% uptick during the same time frame.

In the long term, M&T Bank stock has declined 4.1% on a YTD basis, underperforming the Nasdaq’s 2% increase. However, shares of MTB soared 26.8% over the past 52 weeks, notably outperforming NASX’s 11.4% returns over the same period.

M&T Bank’s stock climbed above its 50-day moving average in May. However, despite some fluctuations, the stock has been trading mostly below its 200-day moving average since March.

M&T Bank’s stock rose marginally following the release of its mixed Q1 2025 results on Apr. 14. The company reported net interest income of $1.7 billion, up marginally from the prior-year quarter. Its net interest margin improved to 3.7% from 3.6% a year ago. Its total non-interest income rose 5.3% year-over-year to $611 million, driven by higher trust income, service charges on deposit accounts, and mortgage banking revenues. Adjusted EPS came in at $3.38, an increase of 9.4% year-over-year, though it fell short of analysts’ expectations of $3.41. Additionally, the company reported a provision for credit losses of $130 million, down 35% from the year-ago quarter, reflecting improved credit quality.

Compared to its peer, Fifth Third Bancorp (FITB) has performed weaker than the MTB stock. FITB stock has dropped 9.4% on a YTD basis and gained 8.8% over the past 52 weeks.

Among the 21 analysts covering the MTB stock, the consensus rating is a “Moderate Buy.” Its mean price target of $204.40 suggests a 13.4% upside potential from current price levels.