Investors are on the edge of their collective seats, hoping that M&T Bank
What analysts say:
- Buy, sell, or hold?: Analysts think investors should stand pat on M&T Bank with 12 of 19 analysts rating it hold. Analysts don't like M&T Bank as much as competitor Susquehanna Bancshares overall. Ten out of 13 analysts rate Susquehanna Bancshares a buy compared to seven of 19 for M&T Bank. Analysts still rate the stock a hold, but they are a bit more wary about it compared to three months ago.
- Revenue forecasts: On average, analysts predict $1.01 billion in revenue this quarter. That would represent a rise of 17.5% from the year-ago quarter.
- Wall Street earnings expectations: The average analyst estimate is earnings of $1.67 per share. Estimates range from $1.43 to $1.84.
What our community says:
CAPS All-Stars are solidly backing the stock with 77.8% giving it an outperform rating. The community at large backs the All-Stars with 77.1% awarding it a rating of outperform. Fools are bullish on M&T Bank and haven't been shy with their opinions lately, logging 128 posts in the past 30 days. Despite the majority sentiment in favor of M&T Bank, the stock has a middling CAPS rating of three out of five stars.
M&T Bank's profit has risen year over year by an average of 48.9% over the past five quarters. Revenue has now gone up for three straight quarters.
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