M&t Bank Corp (MTB): John L Dangelo , Sr. VP & General Auditor of M&t Bank Corp sold 1,050 shares on Apr 22, 2016. The Insider selling transaction was reported by the company on Apr 26, 2016 to the Securities and Exchange Commission. The shares were sold at $119.13 per share for a total value of $125,089.02 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Dec 18, 2015, Richard S Gold (Executive Vice President) sold 6,225 shares at $125.37 per share price.On Dec 16, 2015, Michael R Spychala (Sr. VP & Controller) sold 7,090 shares at $124.59 per share price.Also, On Dec 16, 2015, Janet M. Coletti (Executive Vice President) sold 5,666 shares at $124.06 per share price.On Dec 4, 2015, Gino A. Martocci (Executive Vice President) sold 3,634 shares at $125.66 per share price.
M&T Bank Corporation: On Friday, Apr 22, 2016 heightened volatility was witnessed in M&T Bank Corporation which led to swings in the share price. The shares opened for trading at $117.87 and hit $119.78 on the upside , eventually ending the session at $119.04, with a gain of 0.63% or 0.74 points. The heightened volatility saw the trading volume jump to 6,98,233 shares. The 52-week high of the share price is $134 and the company has a market cap of $18,939 M . The 52-week low of the share price is at $100.075.
Company has been under the radar of several Street Analysts.M&T Bank Corporation is Downgraded by Robert W. Baird to Underperform while Lowering the Price Target of the company shares to $ 115 from a previous price target of $125 . Earlier the firm had a rating of Neutral on the company shares. The Rating was issued on Apr 21, 2016.M&T Bank Corporation is Downgraded by Portales Partners to Sector Perform. Earlier the firm had a rating of Outperform on the company shares. The Rating was issued on Apr 21, 2016.M&T Bank Corporation is Downgraded by Sandler O’Neill to Hold. Earlier the firm had a rating of Buy on the company shares. The Rating was issued on Apr 19, 2016.M&T Bank Corporation is Reiterated by FBR Capital to Mkt Perform and the brokerage firm has raised the Price Target to $ 120 from a previous price target of $112 .The Rating was issued on Apr 19, 2016.M&T Bank Corporation is Reiterated by RBC Capital Mkts to Outperform while Lowering the Price Target of the company shares to $ 125 from a previous price target of $135 . The Rating was issued on Apr 19, 2016.
M&T Bank Corporation (M&T) is a bank holding company for M&T Bank and Wilmington Trust National Association (Wilmington Trust N.A.). The Company’s segments include Business Banking Commercial Banking Commercial Real Estate Discretionary Portfolio Residential Mortgage Banking and Retail Banking. The Business Banking segment provides deposit lending cash management and other financial services. The Commercial Banking segment offers credit products and banking services for middle-market and commercial customers. Its Commercial Real Estate segment provides credit and deposit services. The Discretionary Portfolio segment includes investment and trading securities loans and other assets and borrowed funds. The Residential Mortgage Banking segment originates and services residential mortgage loans. The Retail Banking segment offers a range of services to consumers through delivery channels. It operates over 800 retail and commercial branches and 1600 automated teller machines.