The EVP of M&T Bank (MTB) is Selling Shares


Today, the EVP of M&T Bank (MTB), Robert Bojdak, sold shares of MTB for $153.6K.

In addition to Robert Bojdak, 2 other MTB executives reported Sell trades in the last month.

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Based on M&T Bank’s latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $1.62 billion and quarterly net profit of $523 million. In comparison, last year the company earned revenue of $1.5 billion and had a net profit of $354 million. MTB’s market cap is $23.81B and the company has a P/E ratio of 15.25. Currently, M&T Bank has an average volume of 1.04M.

Based on 10 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $191.67, reflecting a 13.4% upside.

The insider sentiment on M&T Bank has been negative according to 145 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

Robert Bojdak’s trades have generated a -16.0% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.

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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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