M&T Bank Stock Forecast

Stock Price Forecast

The 19 analysts with 12-month price forecasts for M&T Bank stock have an average target of 223.61, with a low estimate of 185 and a high estimate of 271. The average target predicts an increase of 4.15% from the current stock price of 214.70.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$185	$223.61	$225	$271
Change	-13.83%	+4.15%	+4.80%	+26.22%

Analyst Ratings

The average analyst rating for M&T Bank stock from 20 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Oct '25	Nov '25	Dec '25	Jan '26	Feb '26	Mar '26
Strong Buy	3	3	2	2	2	2
Buy	7	7	7	6	6	6
Hold	10	10	8	11	11	11
Sell	1	1	1	1	1	1
Strong Sell	0	0	0	0	0	0
Total	21	21	18	20	20	20

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Manan Gosalia Morgan Stanley	Morgan Stanley	Hold Maintains $251 → $271	Hold	Maintains	$251 → $271	+26.22%	Mar 2, 2026
Andrew Dietrich JP Morgan	JP Morgan	Hold Maintains $217 → $245	Hold	Maintains	$217 → $245	+13.88%	Feb 9, 2026
Gerard Cassidy RBC Capital	RBC Capital	Buy Maintains $210 → $220	Buy	Maintains	$210 → $220	+2.47%	Jan 20, 2026
David Chiaverini Jefferies	Jefferies	Strong Buy Maintains $250 → $255	Strong Buy	Maintains	$250 → $255	+18.77%	Jan 16, 2026
Steven Alexoloulos TD Cowen	TD Cowen	Strong Buy Maintains $245 → $250	Strong Buy	Maintains	$245 → $250	+16.44%	Jan 7, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

10.10B

from 9.19B

9.95%

from 9.19B

Revenue Next Year

10.48B

from 10.10B

3.75%

from 10.10B

EPS This Year

18.98

from 17.00

11.63%

from 17.00

EPS Next Year

21.26

from 18.98

12.01%

from 18.98

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	6.07B	7.66B	9.00B	8.67B	9.19B	10.10B	10.48B
Revenue Growth	17.70%	26.29%	17.44%	-3.66%	5.95%	9.95%	3.75%
EPS	13.80	11.53	15.79	14.64	17.00	18.98	21.26
EPS Growth	38.86%	-16.45%	36.95%	-7.28%	16.12%	11.63%	12.01%
Forward PE	-	-	-	-	-	11.31	10.10
No. Analysts	-	-	-	-	-	24	22

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2026	2027
High	10.6B	11.1B
Avg	10.1B	10.5B
Low	9.7B	10.0B

Revenue Growth

Revenue Growth	2026	2027
High	15.2%	9.6%
Avg	10.0%	3.8%
Low	6.0%	-0.7%

EPS Forecast

EPS	2026	2027
High	20.32	23.10
Avg	18.98	21.26
Low	18.21	20.04

EPS Growth

EPS Growth	2026	2027
High	19.5%	21.7%
Avg	11.6%	12.0%
Low	7.1%	5.6%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.