What is MTB stock price target for 2026?

WallStSmart's 12-month price target for M&T Bank Corporation is $204.26, representing 5.2% downside from the current price of $215.54.

What is MTB stock forecast?

M&T Bank Corporation forecast includes bull, base, and bear case scenarios from 2026 through 2030. Revenue and EPS projections are derived from analyst consensus and conservative extrapolation with growth deceleration for outer years.

MTB

M&T Bank Corporation

NYSE: MTB · FINANCIAL SERVICES · BANKS - REGIONAL

$215.54

-0.91% today

Updated 2026-04-29

Market cap

$32.01B

P/E ratio

12.11

P/S ratio

3.44x

EPS (TTM)

$17.80

Dividend yield

2.69%

52W range

$167 – $237

Volume

1.2M

Market cap

$32.01B

P/E ratio

12.11

P/S ratio

3.44x

EPS (TTM)

$17.80

Dividend yield

2.69%

52W range

$167 – $237

Volume

1.2M

M&T Bank Corporation (MTB) Financial Forecast & Price Target 2030

Research-backed projections from analyst consensus, management guidance, and sector analysis.

Price target summary

Current

$215.54

Consensus

$223.66

+3.77%

2030 Target

$924.70

+329.02%

DCF

—

Current price

$215.54

Analyst consensus

$223.66

+3.77%

2030 Target

$924.70

+329.02%

Intrinsic (DCF)

—

20 analysts:

6 Buy11 Hold1 Sell

Management guidance

No specific revenue targets disclosed by CEO René Jones in recent earnings calls or shareholder communications. Management has highlighted 'strong performance' and 'technology transformation' but provided no quantitative 2026-2030 revenue guidance. Analyst consensus is the primary forward indicator available.

Sources: Management guidance, analyst consensus, sector analysishigh confidence

Revenue & price projection

Actual revenue Projected revenue Base case Bull to bear range

Bull case (2030)

$1,534.17

$11.4B Rev × 20x P/S

Base case (2030)

$924.70

$11.4B Rev × 12x P/S

Bear case (2030)

$609.46

$11.4B Rev × 8x P/S

Financial forecast — research-backed

Metric	2023	2024	2025	2026 (E)	2027 (E)	2028 (E)	2029 (E)	2030 (E)
Revenue	$12.5B	$13.4B	$12.3B	$10.1B	$10.5B	$10.8B	$11.1B	$11.4B
Revenue growth	—	7.2%	-8.2%	9.9%	3.6%	2.8%	2.8%	2.8%
EPS	$16.65	$15.39	$17.04	$18.96	$21.27	$23.50	$25.85	$28.35
P/S ratio	—	—	—	12.0x	12.0x	12.0x	12.0x	12.0x
Implied price	—	—	—	$819.62	$840.64	$861.66	$903.69	$924.70

Catalysts & risks

Growth catalysts

+ Net interest margin expansion from higher rates; loan growth acceleration in Philadelphia/SBA lending under new regional president Denise Monahan

+ $5 billion share repurchase authorization replacing prior $4B program; capital return strategy signals confidence in earnings sustainability

+ Technology transformation and digital modernization driving fee income growth; operational efficiency improvements

Key risks

- Regional bank regulatory headwinds; deposit competition and margin compression if rates decline materially

- Commercial real estate exposure and credit quality deterioration; economic slowdown would pressure loan demand

- Analyst sentiment weakening with recent downgrades (Wolfe Research, BofA, Truist); consensus divided between growth and valuation concerns

Methodology

M&T Bank Corporation's forward estimates are derived from AI-powered research synthesis combining analyst consensus from 20 Wall Street analysts, management guidance from the latest earnings call, and sector growth forecasts from industry research. Revenue and EPS projections use analyst consensus where available and conservative extrapolation with growth deceleration for outer years. Price targets are calculated using a tiered Price-to-Sales (P/S) methodology, where the P/S multiple is determined by the projected revenue growth rate.

WallStSmart proprietary research model · Not financial advice · Past performance is not indicative of future results · Last researched: April 7, 2026.