M&T Bank (MTB, Financial) shares rose by 0.39%, trading at $200.06 with a volume of 545,688 shares and a turnover rate of 0.33%. The stock's recent earnings report showed a revenue of $3.391 billion and a net profit of $721 million, with earnings per share at $4.04 and a P/E ratio of 14.79. Among 21 rating agencies, 52% recommend buying the stock, 38% suggest holding, and 10% advise selling.
In the banking sector, where M&T Bank operates, the average increase was 0.20%. Notable performers included Grupo Supervielle S.A. and Macro Bank. M&T Bank is a leading regional bank in the U.S., focusing on commercial real estate and business loans across several states.
