How to buy M-and-T Bank Corporation shares

Own M-and-T Bank Corporation shares in just a few minutes.

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M&T Bank Corporation (MTB) is a leading banks-regional business with stocks listed in the US. It opened the day at US$145.08 after a previous close of US$148.46. During the day the price has varied from a low of USD142.55 to a high of USD147.15. The latest price was USD142.98 (25 minute delay). M-and-T Bank Corporation is listed on the NYSE. All prices are listed in US Dollars.

How to buy shares in M-and-T Bank Corporation

  1. Compare share trading platforms. To buy shares in a US company from Australia you'll need to find a trading platform that offers access to US stock markets. If you're just starting out, look for a platform with low brokerage and foreign exchange fees.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and tax file number. Fund your account with a bank transfer, credit card or debit card.
  3. Search for M-and-T Bank Corporation. Find the share by name or ticker symbol: MTB. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until M-and-T Bank Corporation reaches your desired price. To spread out your risk, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. At last close price of US$161.27, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs. You may be able to buy a fractional share of M-and-T Bank Corporation, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of M-and-T Bank Corporation. Optimise your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

M-and-T Bank Corporation share price

Use our graph to track the performance of MTB stocks over time.

M-and-T Bank Corporation shares at a glance

Information last updated 2021-06-18.
OpenUS$145.08
HighUS$147.15
LowUS$142.55
CloseUS$142.98
Previous closeUS$148.46
Change US$-5.48
Change % -3.6912%
Volume 1,842,210
Information last updated 2021-06-17.
52-week rangeUS$86.4625 - US$167.1151
50-day moving average US$160.1494
200-day moving average US$147.7316
Target priceUS$167.96
PE ratio 13.0894
Dividend yield US$4.4 (2.83%)
Earnings per share (TTM) US$11.342

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The value of your investments can fall as well as rise and you may get back less than you invested. Past performance is no indication of future results.

Is it a good time to buy M-and-T Bank Corporation stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

M-and-T Bank Corporation price performance over time

Historical closes compared with the last close of $142.98

1 week (2021-06-11) -7.84%
1 month (2021-05-21) -11.99%
3 months (2021-03-19) -5.98%
6 months (2020-12-18) 15.56%
1 year (2020-06-19) 28.75%
2 years (2019-06-20) -13.78%
3 years (2018-06-20) -17.86%
5 years (2016-06-20) 21.79%

Is M-and-T Bank Corporation under- or over-valued?

Valuing M-and-T Bank Corporation stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of M-and-T Bank Corporation's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

M-and-T Bank Corporation's P/E ratio

M-and-T Bank Corporation's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 13x. In other words, M-and-T Bank Corporation shares trade at around 13x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

M-and-T Bank Corporation's PEG ratio

M-and-T Bank Corporation's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.9716. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into M-and-T Bank Corporation's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

M-and-T Bank Corporation financials

Revenue TTM US$5.4 billion
Operating margin TTM 38.47%
Gross profit TTM US$5.2 billion
Return on assets TTM 1.11%
Return on equity TTM 9.5%
Profit margin 28.31%
Book value 118.115
Market capitalisation US$19.1 billion

TTM: trailing 12 months

Shorting M-and-T Bank Corporation shares

There are currently 4.0 million M-and-T Bank Corporation shares held short by investors – that's known as M-and-T Bank Corporation's "short interest". This figure is 7.2% up from 3.7 million last month.

There are a few different ways that this level of interest in shorting M-and-T Bank Corporation shares can be evaluated.

M-and-T Bank Corporation's "short interest ratio" (SIR)

M-and-T Bank Corporation's "short interest ratio" (SIR) is the quantity of M-and-T Bank Corporation shares currently shorted divided by the average quantity of M-and-T Bank Corporation shares traded daily (recently around 794397.82178218). M-and-T Bank Corporation's SIR currently stands at 5.05. In other words for every 100,000 M-and-T Bank Corporation shares traded daily on the market, roughly 5050 shares are currently held short.

However M-and-T Bank Corporation's short interest can also be evaluated against the total number of M-and-T Bank Corporation shares, or, against the total number of tradable M-and-T Bank Corporation shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case M-and-T Bank Corporation's short interest could be expressed as 0.03% of the outstanding shares (for every 100,000 M-and-T Bank Corporation shares in existence, roughly 30 shares are currently held short) or 0.0314% of the tradable shares (for every 100,000 tradable M-and-T Bank Corporation shares, roughly 31 shares are currently held short).

A SIR below 10% would generally be considered to indicate a fairly optimistic outlook for the share price, with fewer people currently willing to bet against M-and-T Bank Corporation.

Find out more about how you can short M-and-T Bank Corporation stock.

M-and-T Bank Corporation's environmental, social and governance track record

Environmental, social and governance (known as ESG) criteria are a set of three factors used to measure the sustainability and social impact of companies like M-and-T Bank Corporation.

When it comes to ESG scores, lower is better, and lower scores are generally associated with lower risk for would-be investors.

M-and-T Bank Corporation's total ESG risk score

Total ESG risk: 32.05

Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and M-and-T Bank Corporation's overall score of 32.05 (as at 12/31/2018) is nothing to write home about – landing it in it in the 53rd percentile of companies rated in the same sector.

ESG scores are increasingly used to estimate the level of risk a company like M-and-T Bank Corporation is exposed to within the areas of "environmental" (carbon footprint, resource use etc.), "social" (health and safety, human rights etc.), and "governance" (anti-corruption, tax transparency etc.).

M-and-T Bank Corporation's environmental score

Environmental score: 8.12/100

M-and-T Bank Corporation's environmental score of 8.12 puts it squarely in the 7th percentile of companies rated in the same sector. This could suggest that M-and-T Bank Corporation is a leader in its sector terms of its environmental impact, and exposed to a lower level of risk.

M-and-T Bank Corporation's social score

Social score: 16.96/100

M-and-T Bank Corporation's social score of 16.96 puts it squarely in the 7th percentile of companies rated in the same sector. This could suggest that M-and-T Bank Corporation is a leader in its sector when it comes to taking good care of its workforce and the communities it impacts.

M-and-T Bank Corporation's governance score

Governance score: 15.48/100

M-and-T Bank Corporation's governance score puts it squarely in the 7th percentile of companies rated in the same sector. That could suggest that M-and-T Bank Corporation is a leader in its sector when it comes to responsible management and strategy, and exposed to a lower level of risk.

M-and-T Bank Corporation's controversy score

Controversy score: 2/5

ESG scores also evaluate any incidences of controversy that a company has been involved in. M-and-T Bank Corporation scored a 2 out of 5 for controversy – the second-highest score possible, reflecting that M-and-T Bank Corporation has, for the most part, managed to keep its nose clean.

Environmental, social, and governance (ESG) summary

M&T Bank Corporation was last rated for ESG on: 2019-01-01.

Total ESG score 32.05
Total ESG percentile 52.56
Environmental score 8.12
Environmental score percentile 7
Social score 16.96
Social score percentile 7
Governance score 15.48
Governance score percentile 7
Level of controversy 2

M-and-T Bank Corporation share dividends

39%

Dividend payout ratio: 38.79% of net profits

Recently M-and-T Bank Corporation has paid out, on average, around 38.79% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 2.83% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), M-and-T Bank Corporation shareholders could enjoy a 2.83% return on their shares, in the form of dividend payments. In M-and-T Bank Corporation's case, that would currently equate to about $4.4 per share.

While M-and-T Bank Corporation's payout ratio might seem fairly standard, it's worth remembering that M-and-T Bank Corporation may be investing much of the rest of its net profits in future growth.

M-and-T Bank Corporation's most recent dividend payout was on 29 June 2021. The latest dividend was paid out to all shareholders who bought their shares by 27 May 2021 (the "ex-dividend date").

Have M-and-T Bank Corporation's shares ever split?

M-and-T Bank Corporation's shares were split on a 10:1 basis on 5 October 2000. So if you had owned 1 share the day before before the split, the next day you'd have owned 10 shares. This wouldn't directly have changed the overall worth of your M-and-T Bank Corporation shares – just the quantity. However, indirectly, the new 90% lower share price could have impacted the market appetite for M-and-T Bank Corporation shares which in turn could have impacted M-and-T Bank Corporation's share price.

M-and-T Bank Corporation share price volatility

Over the last 12 months, M-and-T Bank Corporation's shares have ranged in value from as little as US$86.4625 up to US$167.1151. A popular way to gauge a stock's volatility is its "beta".

MTB.US volatility(beta: 1.19)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while M-and-T Bank Corporation's is 1.1913. This would suggest that M-and-T Bank Corporation's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).

M-and-T Bank Corporation overview

M&T Bank Corporation operates as a bank holding company that provides commercial and retail banking services. The company's Business Banking segment offers deposit, lending, cash management, and other financial services to small businesses and professionals. Its Commercial Banking segment provides deposit products, commercial lending and leasing, letters of credit, and cash management services for middle-market and large commercial customers. The company's Commercial Real Estate segment originates, sells, and services commercial real estate loans; and offers deposit services. Its Discretionary Portfolio segment provides deposits; securities, residential real estate loans, and other assets; and short and long term borrowed funds, as well as foreign exchange services. The company's Residential Mortgage Banking segment offers residential real estate loans for consumers and sells those loans in the secondary market; and purchases servicing rights to loans originated by other entities. Its Retail Banking segment offers demand, savings, and time accounts; consumer installment loans, automobile and recreational finance loans, home equity loans and lines of credit, and credit cards; mutual funds and annuities; and other services. The company also provides trust and wealth management; fiduciary and custodial; investment management; and insurance agency services. It offers its services through banking offices, business banking centers, telephone and Internet banking, mobile banking, and automated teller machines. As of December 31, 2020, the company operates 716 domestic banking offices in New York State, Maryland, New Jersey, Pennsylvania, Delaware, Connecticut, Virginia, West Virginia, and the District of Columbia; a full-service commercial banking office in Ontario, Canada; and an office in George Town, Cayman Islands. M&T Bank Corporation was founded in 1856 and is headquartered in Buffalo, New York.

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