The Chief of Reg. Affairs of M&T Bank (MTB) is Selling Shares


Today, the Chief of Reg. Affairs of M&T Bank (MTB), Sabeth Siddique, sold shares of MTB for $60.47K.

Following Sabeth Siddique’s last MTB Sell transaction on November 02, 2018, the stock climbed by 4.3%.

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Based on M&T Bank’s latest earnings report for the quarter ending December 31, the company posted quarterly revenue of $1.7 billion and quarterly net profit of $546 million. In comparison, last year the company earned revenue of $1.5 billion and had a net profit of $321 million. MTB’s market cap is $23.21B and the company has a P/E ratio of 13.11. Currently, M&T Bank has an average volume of 823.9K.

Based on 9 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $176.75, reflecting a 4.9% upside.

The insider sentiment on M&T Bank has been negative according to 139 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

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M&T Bank Corp. is a a bank holding company, which engages in the provision of retail and commercial banking, trust, wealth management and investment services, through its wholly owned subsidiaries, M&T Bank and Wilmington Trust NA. It operates through following segments: Business Banking, Commercial Banking, Commercial Real Estate, Discretionary Portfolio, Re

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