M&T Bank Gears Up For Q3 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts

M&T Bank Corporation (NYSE:MTB) will release earnings for its third quarter before the opening bell on Friday, Oct. 16.

Analysts expect the Buffalo, New York-based company to report quarterly earnings of $4.92 per share, up from $4.82 per share in the year-ago period. The consensus estimate for MTB’s quarterly revenue is $2.52 billion. It reported $2.51 billion last year, according to Benzinga Pro.

On Sept. 22, M&T Bank filed for mixed shelf offering.

Shares of M&T Bank fell 1% to close at $216.63 on Wednesday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let’s have a look at how Benzinga’s most-accurate analysts have rated the company in the recent period.

• UBS analyst Erika Najarian maintained the stock with a Neutral rating and cut the price target from $255 to $238 on Oct. 5, 2026. This analyst has an accuracy rate of 63%.
• JP Morgan analyst Vivek Juneja maintained a Neutral rating and slashed the price target from $265.5 to $248.5 on Oct. 2, 2026. This analyst has an accuracy rate of 57%.
• Evercore ISI Group analyst John Pancari maintained an In-Line rating and cut the price target from $260 to $230 on Oct. 1, 2026. This analyst has an accuracy rate of 61%.
• Morgan Stanley analyst Manan Gosalia maintained an Overweight rating and slashed the price target from $304 to $301 on Sept. 28, 2026. This analyst has an accuracy rate of 70%.
• Truist Securities analyst Brian Foran maintained the stock with a Hold rating and cut the price target from $268 to $250 on Sept. 23, 2026. This analyst has an accuracy rate of 61%.

Considering buying MTB stock? Here’s what analysts think:

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