M&T Bank Corporation Surges to 398th in Trading Rankings with $28.7 Million Turnover

Generated by AI AgentAinvest Volume Radar
Tuesday, Jul 22, 2025 6:15 pm ET1min read
MTB
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Aime RobotAime Summary

- M&T Bank Corporation (MTB) surged to 398th in trading rankings on July 22, 2025, with $28.7M turnover, an 83.76% jump from the prior day.

- Citi raised MTB's price target to $215 (from $212) on July 18, maintaining "Neutral" rating despite lower-than-expected Q2 2025 net interest income.

- The upgrade reflected strong balance sheet growth offsetting higher funding costs, though revised NII guidance reduced the 2025 minimum range.

- As a regional bank operating in the eastern US through M&T Bank, its performance highlights investor interest in stable banking sector assets.

On July 22, 2025,

M&T Bank Corporation
(MTB) saw a significant increase in trading volume, with a turnover of $28.7 million, marking an 83.76% rise from the previous day. This surge placed
MTB
at the 398th position in the day's trading rankings, reflecting heightened investor interest in the stock.

On July 18,

Citi
increased its price target for
M&T Bank
Corporation from $212 to $215, while maintaining a "Neutral" rating. This adjustment followed the company's release of its second-quarter 2025 results, which Citi described as strong despite a lower-than-expected net interest income (NII) and a reduced minimum for its 2025 NII guidance range.

Citi's decision to raise the price target was influenced by the bank's robust balance sheet growth, which partially offset the impact of higher funding costs on net interest income. M&T Bank Corporation operates primarily through its banking subsidiary, M&T Bank, offering a range of banking products and services through a network of branches and ATMs in the eastern United States.

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