M&T Bank Corporation Announces 2016 Fourth Quarter And Full-Year Results

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M&T Bank (MTB) PT Raised to $165 at FBR Capital Following 4Q Beat

January 20, 2017 11:38 AM EST

FBR Capital raised its price target on M&T Bank Corp. (NYSE: MTB) to $165.00 (from $160.00) while maintaining a Market Perform rating following the company's 4Q report. MTB reported operating EPS of $2.10, $0.05 above consensus. The beat reflected a combination of NIM expansion, good fee... More