M&T Bank Corporation is set to unveil its financial results for the fourth quarter before the market opens on Friday, January 16th. Expectations are high, with financial experts projecting an increase in the company's earnings per share and overall revenue. This upcoming announcement follows a strong third-quarter performance, where the bank surpassed earnings estimates.
Analysts are forecasting M&T Bank to report fourth-quarter earnings of $4.47 per share, a notable increase from the $3.77 per share recorded in the same period last year. Revenue is also anticipated to grow, with a consensus estimate of $2.47 billion, up from $2.38 billion in the prior year. These projections reflect a positive outlook on the bank's operational efficiency and market position.
Investor attention is particularly drawn to the recent changes in analyst ratings. On January 7, 2026, Wolfe Research's Steven Chubak adjusted his rating from 'Outperform' to 'Peer Perform.' Similarly, B of A Securities analyst Ebrahim Poonawala downgraded the stock from 'Buy' to 'Neutral' on the same day, setting a price target of $225. Evercore ISI Group's John Pancari also revised his rating from 'Outperform' to 'In-Line' on January 6, while increasing the price target from $210 to $225.
Despite some downgrades, other analysts maintain a relatively positive stance. Barclays' Jason Goldberg reiterated an 'Equal-Weight' rating on January 5, raising the price target from $220 to $236. Furthermore, Keefe, Bruyette & Woods analyst David Konrad sustained a 'Market Perform' rating on December 17, 2025, and elevated the price target from $220 to $230. These varied expert opinions underscore the complex considerations influencing the bank's stock performance.
The bank's stock closed at $212.57 on Thursday, reflecting a 1.3% gain. The market will be closely watching the official earnings report for confirmation of these estimates and further insights into the bank's financial health and future trajectory.