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Earnings Expectations for the Week of January 16
Sunday, January 15, 2012 - 3:47pm | 1524This week will offer a good look at the state of the financial sector as many of the big banks share their fourth-quarter results. JP Morgan Chase (NYSE: JPM) broke the ice on Friday, reporting a decline in earnings that was more than analysts had estimated. Wells Fargo (NYSE: WFC), Goldman Sachs (...
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Bank of America Reiterates Buy Rating on M&T Bank With PT of $100
Thursday, July 21, 2011 - 8:56am -
Keefe, Bruyette & Woods Raises Estimates On M&T Bank
Thursday, May 12, 2011 - 9:42am | 100According to Keefe, Bruyette & Woods, M&T Bank (NYSE: MTB) announced that the company successfully completed its $500mn non-cumulative perpetual preferred issuance with a 6.875% coupon that came in better than expected. Keefe, Bruyette & Woods said that the company has now completed...
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J.P. Morgan Maintains Neutral on M&T Bank (MTB)
Tuesday, April 19, 2011 - 7:52am | 94J.P. Morgan is out with its report today on M&T Bank (NYSE: MTB), maintaining Neutral. In a note to clients, J.P. Morgan writes, "MTB shares trade at 2.6x TBV, or a ~80% premium to peers and 10.6x our normalized EPS estimate of $8.22 (2014E), a 9% premium to peers. With the long term earnings...
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Sterne Agee Initiates MTB At Neutral, $95 PT
Friday, April 8, 2011 - 9:37am | 31Sterne Agee is initiating shares of M&T Bank Corp. (NYSE: MTB) at Neutral with a $95 PT. M&T Bank currently trades at $88.25.
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M&T Bank Shares Leaping on Wilmington Trust Merger (MTB)
Monday, November 1, 2010 - 2:59pm | 134M&T Bank (NYSE: MTB) has had its share of volatility the past few months via M&A speculation and going concern issues. Today the volatility was positive in regard to their merger with Wilmington Trust (NYSE: WL)which is down nearly 43% on the day trading down to the 4$ level. M&T bank...
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Deutsche's Question Bank September 2010
Wednesday, September 8, 2010 - 8:13am | 462Deutsche Bank has posed some key questions currently facing banks: 1. With NII/NIMs being pressured by continued declines in interest rates, how will banks increase/maintain revenues? 2. After being net sellers of securities in 2Q, the largest US banks have been net buyers of securities so far in...