M&T Bank Is Now A Modest Buy At Current Valuation And Earnings Potential

  • Since my original strong buy rating, and a climb in the share price, I am pulling back this time to rate M&T Bank Corp a buy, agreeing with Wall Street. Key upside factors are growth in the loans and trust business, impressive profit margins, strong credit ratings, and proven 10 yr dividend growth. My future price targets, and that of the consensus avg target in the Wall Street Journal, both expect upside to the share price.