Group 1 - M&T Bank Corporation is set to release its fourth-quarter earnings results on January 16, 2025, with analysts expecting earnings of $3.74 per share, an increase from $3.60 per share in the same period last year [1] - The projected revenue for the recent quarter is $2.34 billion, compared to $2.3 billion a year earlier [1] - Krista Phillips has been appointed as the Chief Customer Officer of M&T Bank as of January 6 [1] Group 2 - M&T Bank shares experienced a decline of 1.8%, closing at $187.75 [2] - Truist Securities initiated coverage on M&T Bank with a Buy rating and a price target of $233 [3] - Compass Point maintained a Neutral rating and increased the price target from $220 to $250 [3] - Keefe, Bruyette & Woods maintained a Market Perform rating and raised the price target from $205 to $221 [3] - JP Morgan downgraded the stock from Overweight to Neutral while raising the price target from $215 to $223.5 [3] - Piper Sandler maintained an Overweight rating and increased the price target from $205 to $243 [3]
M&T Bank Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call