Category: Markets
Published: 2026-07-16T12:54:43.000Z
Keefe, Bruyette & Woods has increased its price target for M&T Bank (NYSE:MTB) to $250 from $242, maintaining a "market perform" rating, following the bank's strong Q2 results. M&T Bank exceeded earnings expectations with an EPS of $5.32 and revenue of $2.53 billion, driven by robust interest and fee income. The bank continues its $5 billion share buyback program, and institutional ownership remains high at 84.68%.
News summary curated and translated by CausifyMarket. Always consult original sources before making any financial decision.