M&T Bank expected to report higher Q2 earnings
M&T Bank Corporation is expected to report higher Q2 earnings of $4.67 per share on revenue of $2.46 billion. Analysts have mixed ratings, with Baird downgrading to Neutral and others adjusting price targets. The bank recently appointed Krista Phillips as Delaware regional president.

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M&T Bank Corporation is scheduled to release its second quarter earnings report before the opening bell on Wednesday, July 15. Analysts expect the Buffalo, New York-based company to report quarterly earnings of $4.67 per share, an increase from $4.24 per share in the year-ago period. The consensus estimate for revenue stands at $2.46 billion, compared to $2.4 billion reported last year.
On June 23, M&T Bank announced the appointment of Krista Phillips as its Delaware regional president. Shares of the bank rose 0.4% to close at $239.92 on Monday.
Recent analyst ratings show mixed sentiment. Baird analyst David George downgraded the stock from Outperform to Neutral with a price target of $240 on July 6, 2026. Morgan Stanley analyst Manan Gosalia maintained an Equal-Weight rating and raised the price target from $245 to $253 on June 29, 2026. RBC Capital analyst Gerard Cassidy kept an Outperform rating with a price target of $225 on May 21, 2026.
Cantor Fitzgerald analyst Dave Rochester maintained an Overweight rating but lowered the price target from $255 to $253 on April 17, 2026. DA Davidson analyst Peter Winter kept a Neutral rating and increased the price target from $233 to $235 on April 16, 2026.
Analyst Ratings and Price Targets
| Analyst Firm | Analyst | Rating | Price Target | Accuracy Rate |
|---|---|---|---|---|
| Baird | David George | Neutral | $240 | 73% |
| Morgan Stanley | Manan Gosalia | Equal-Weight | $253 | 74% |
| RBC Capital | Gerard Cassidy | Outperform | $225 | 78% |
| Cantor Fitzgerald | Dave Rochester | Overweight | $253 | 75% |
| DA Davidson | Peter Winter | Neutral | $235 | 80% |
How will M&T Bank's earnings report impact its stock price given the mixed analyst ratings?
What factors are driving the expected increase in quarterly earnings per share?
How might the appointment of Krista Phillips as Delaware regional president influence the bank's regional performance?


























