Morgan Stanley lowers target for M&T Bank stock to USD 301
Published on 10/01/2026 at 15:21 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
M&T Bank (ISIN US55261F1049) was trading at EUR 193.38 at Lang & Schwarz on October 1, 2026 at 3:13 p.m. CEST, up 0.68 percent from the prior close of EUR 192.08. The latest analyst move came from Morgan Stanley, which lowered its M&T Bank price target from USD 304.00 to USD 301.00 on September 28, 2026, while keeping an Overweight rating, according to Markets Insider.
Target cut meets strong quarter
The target reduction came after a profitable second quarter rather than a deterioration in reported earnings. M&T Bank posted USD 818 million in net income for the three months ended June 30, 2026, compared with USD 716 million in the same quarter of 2025, according to StockTitan. That is a 14.25 percent year-over-year increase, giving the bank a stronger earnings base as analysts assess the next quarter.
The same second-quarter filing showed USD 1.792 billion in net interest income and USD 740 million in total other income. Total assets stood at USD 219.261 billion on June 30, 2026, while total loans reached USD 142.530 billion, making loan growth and credit quality central to the next earnings update.
October results set the next test
M&T Bank has scheduled its third-quarter 2026 earnings release before the market opens on October 16, 2026, followed by an 8:00 a.m. ET conference call, according to the company's M&T Bank newsroom. The date gives investors a defined checkpoint for net interest income, loan balances and the effect of the bank's reporting-category changes.
For the third quarter, M&T Bank will revise the presentation of other-income categories and separately show loans held for sale from loans held for investment. The filing states that the changes will not affect total other income, income before taxes, net income or earnings per common share, so the update is mainly a reporting change rather than a new earnings forecast.
Stock remains below its yearly high
On the NYSE, M&T Bank was last at USD 217.55 on September 30, 2026 at 3:59 p.m. ET. Its USD 31.5 billion market capitalization and USD 174.76 to USD 255.95 52-week range put the primary-exchange quote 15.00 percent below the yearly high, while the euro quote reflects the separate German trading perspective.
At Lang & Schwarz, M&T Bank was trading at EUR 193.38 on October 1, 2026 at 3:13 p.m. CEST, plus 0.68 percent versus the prior close of EUR 192.08. The further course of trading is shown by the continuously updated real-time quote of M&T Bank stock.
M&T Bank stock at a glance
- Company: M&T Bank Corporation
- ISIN: US55261F1049
- Ticker: MTB
- Primary exchange: New York Stock Exchange
- Price Lang & Schwarz (as of October 1, 2026, 3:13 p.m. CEST): EUR 193.38
- Change versus prior close: plus 0.68 percent
- Prior close Lang & Schwarz (September 30, 2026): EUR 192.08
- Market capitalization: USD 31.5 billion (as of September 30, 2026)
- 52-week range: USD 174.76-255.95 (as of September 30, 2026)
- Sector / Industry: Financial Services / Regional Banks
- Index membership: S&P 500
- Next earnings date: October 16, 2026
