M&T Bank Corporation (MTB)
M&T Bank Corporation is a leading American bank holding company headquartered in Buffalo, New York, with a robust portfolio of financial services catering to individuals, businesses, and municipalities. Established in 1856, M&T Bank has built a strong regional presence, primarily in the Northeastern and Mid-Atlantic United States, with a commitment to personalized customer service and community engagement. The company offers a wide range of banking products, including commercial and retail banking, mortgage services, and wealth management solutions, making it a key player in the regional banking landscape. With a focus on sustainable growth and innovation, M&T Bank is well-positioned to capture new opportunities in the evolving financial sector while delivering value to its shareholders.
Stock Price Trends
Stock price trends estimated using linear regression.
Key facts
- The primary trend is increasing.
- The growth rate of the primary trend is 28.14% per annum.
- MTB price at the close of March 11, 2026 was $203.21 and was inside the primary price channel.
- The secondary trend is increasing.
- The growth rate of the secondary trend is 10.74% per annum.
- MTB price at the close of March 11, 2026 was inside the secondary price channel.
Linear Regression Model
Model equation:
Yi = α + β × Xi + εi
Top border of price channel:
Exp(Yi) = Exp(a + b × Xi + 2 × s)
Bottom border of price channel:
Exp(Yi) = Exp(a + b × Xi – 2 × s)
where:
i - observation number
Yi - natural logarithm of MTB price
Xi - time index, 1 day interval
σ - standard deviation of εi
a - estimator of α
b - estimator of β
s - estimator of σ
Exp() - calculates the exponent of e
Primary Trend
Start date: March 13, 2023
End date: March 11, 2026
a = 4.1647
b = 0.0007
s = 0.0810
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0007) – 1
= 28.14%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0810) – 1
= 38.29%
March 13, 2023 calculations
Top border of price channel:
Exp(Y503)
= Exp(a + b × X503 + 2 × s)
= Exp(a + b × 731 + 2 × s)
= Exp(4.1647 + 0.0007 × 731 + 2 × 0.0810)
= Exp(4.8234)
= $124.38
Bottom border of price channel:
Exp(Y503)
= Exp(a + b × X503 – 2 × s)
= Exp(a + b × 731 – 2 × s)
= Exp(4.1647 + 0.0007 × 731 – 2 × 0.0810)
= Exp(4.4992)
= $89.94
March 11, 2026 calculations
Top border of price channel:
Exp(Y1,254)
= Exp(a + b × X1,254 + 2 × s)
= Exp(a + b × 1,825 + 2 × s)
= Exp(4.1647 + 0.0007 × 1,825 + 2 × 0.0810)
= Exp(5.5664)
= $261.50
Bottom border of price channel:
Exp(Y1,254)
= Exp(a + b × X1,254 – 2 × s)
= Exp(a + b × 1,825 – 2 × s)
= Exp(4.1647 + 0.0007 × 1,825 – 2 × 0.0810)
= Exp(5.2422)
= $189.09
Description
- The primary trend is increasing.
- The growth rate of the primary trend is 28.14% per annum.
- MTB price at the close of March 11, 2026 was $203.21 and was inside the primary price channel.
Secondary Trend
Start date: September 16, 2024
End date: March 11, 2026
a = 4.8034
b = 0.0003
s = 0.0750
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0003) – 1
= 10.74%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0750) – 1
= 35.00%
September 16, 2024 calculations
Top border of price channel:
Exp(Y883)
= Exp(a + b × X883 + 2 × s)
= Exp(a + b × 1,284 + 2 × s)
= Exp(4.8034 + 0.0003 × 1,284 + 2 × 0.0750)
= Exp(5.3122)
= $202.79
Bottom border of price channel:
Exp(Y883)
= Exp(a + b × X883 – 2 × s)
= Exp(a + b × 1,284 – 2 × s)
= Exp(4.8034 + 0.0003 × 1,284 – 2 × 0.0750)
= Exp(5.0121)
= $150.21
March 11, 2026 calculations
Top border of price channel:
Exp(Y1,254)
= Exp(a + b × X1,254 + 2 × s)
= Exp(a + b × 1,825 + 2 × s)
= Exp(4.8034 + 0.0003 × 1,825 + 2 × 0.0750)
= Exp(5.4633)
= $235.88
Bottom border of price channel:
Exp(Y1,254)
= Exp(a + b × X1,254 – 2 × s)
= Exp(a + b × 1,825 – 2 × s)
= Exp(4.8034 + 0.0003 × 1,825 – 2 × 0.0750)
= Exp(5.1632)
= $174.72
Description
- The secondary trend is increasing.
- The growth rate of the secondary trend is 10.74% per annum.
- MTB price at the close of March 11, 2026 was inside the secondary price channel.