M & T Bank Corporation: consensus indicates an upside of 6.1%

M & T Corporation bank found using ticker (MTB) now has 18 analysts covering the total action. The consensus rating is ‘Buy’. The range between the highest target price and low price target is between 221 and 165 with TP medium 192.52. With the previous close of 181.41 shares, this would indicate that there is an upside potential of 6.1%. There is a 50-day moving average of 176.43 and 200-day MA is 154.42. The market capitalization of the company is 23,106 million. Visit the company website at: https://www3.mtb.com

Potential market capitalization would be $ 24.521 million according to the consensus of the market.

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M & T Bank Corporation operates as a bank holding company that provides commercial and retail banking services. Commercial Banking segment the company offers deposits, loans, cash management and other financial services to small businesses and professionals. Commercial Banking segment offers deposit products, commercial loans and leases, letters of credit and cash management services for medium and large commercial customers. The Commercial Real Estate segment the company originates, sells and provides services for commercial real estate loans; and it provides depository services. Discretionary Portfolio segment provides deposits; securities, residential real estate loans and other assets; and funds borrowed short and long term and currency exchange services. The Residential Mortgage Banking segment of residential real estate company offers consumer loans and sell those loans on the secondary market; and purchase rights management loans originated by other entities. Retail Banking segment offers demand accounts, savings and time deposits of; consumer loans installment loans for cars and recreational financing, loans and credit lines secured by mortgages and credit cards; mutual funds and annuities; and other services. The company also provides trust and estate administration; Trust and custody; insurance Agency; institutional and securities brokerage; and investment management services. It offers its services through bank branches, business banking centers, telephone banking and the Internet and ATMs. At the December 31, 2021, the company operates 688 domestic banking offices in the state of New York, Maryland, New Jersey, Pennsylvania, Delaware, Connecticut, Virginia, West Virginia and the District of Columbia; and a commercial bank full-service office in Ontario, Canada. M & T Bank Corporation was founded in 1856 and is headquartered in Buffalo, New York.

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