- Deutsche Bank upgrades M&T Bank (MTB, Financial) citing its competitive valuation against larger banks.
- M&T Bank's CET1 ratio of 11.5% highlights its strong potential for growth and acquisitions.
- Analyst forecasts suggest a potential 18.84% upside for the stock.
M&T Bank Corp (MTB) recently experienced a positive reassessment from Deutsche Bank, pointing to its attractive valuation when compared to major financial institutions. With a common equity tier 1 (CET1) ratio of 11.5%, well above the regional bank average of 10.8%, M&T demonstrates substantial capacity for future capital investment and mergers and acquisitions.
Wall Street Analysts Forecast
According to one-year price targets from 18 analysts, the average target price for M&T Bank Corp (MTB, Financial) is $196.73, presenting a significant potential upside of 18.84% from its current share price of $165.55. Price targets peak at $240.00 and bottom at $158.21. For more information, visit the detailed M&T Bank Corp (MTB) Forecast page.
The consensus recommendation from 20 brokerage firms rates M&T Bank Corp (MTB, Financial) as a 2.2 on a 1 to 5 scale, with 1 reflecting a Strong Buy and 5 a Sell. This positions MTB in the "Outperform" category, indicating positive market sentiment.
GF Value Estimation
Leveraging the proprietary metrics of GuruFocus, the one-year estimated GF Value for M&T Bank Corp (MTB, Financial) is set at $179.53. This projects an 8.45% upside from its current market value of $165.545. The GF Value is derived from historical price multiples, past business growth, and predictive performance estimates. For further insights, explore the M&T Bank Corp (MTB) Summary page.
