M&T Bank (MTB) Stock Fluctuates with Recent Market Activity

Author's Avatar
Dec 12, 2024
Article's Main Image

M&T Bank (MTB, Financial) shares experienced a significant drop of 0.99%, trading at $199.97 with a volume of 631,627 shares. The turnover rate was 0.38% and the price fluctuation was 1.54%. Recent financial reports show revenue of $3.391 billion and a net profit of $721 million, resulting in earnings per share of $4.04 and a P/E ratio of 14.80.

Among 21 rating agencies, 52% recommend buying, 38% suggest holding, and 10% advise selling. The banking sector saw a collective decline of 0.37%. Other notable stocks in the sector include Home Federal Bancorp, Lendingclub Corporation, and Hawthorn Bancshares, showing significant activity and price movements.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.