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BUFFALO, NY—Robert E. Sadler Jr., a director of M&T Bank Corp (NYSE:MTB), recently sold shares worth approximately $1.23 million. The transaction, dated June 12, 2025, involved the sale of 6,700 shares at an average price of $183.52 per share. Following this sale, Sadler holds 19,013 shares directly, with additional shares held indirectly through various trusts and family arrangements.
The shares sold were held indirectly by Sadler’s wife, who retains ownership of 23,070 shares post-transaction. Additionally, Sadler is a trustee of the Sadler Family Foundation and a Grantor Retained Annuity Trust (GRAT), which hold further shares in M&T Bank Corp. The foundation and the GRAT are structured such that Sadler has voting and dispositive power over the shares, although he disclaims any pecuniary interest in the foundation’s shares.
These transactions are part of Sadler’s ongoing management of his holdings in M&T Bank Corp, where he continues to play a significant role as a board member.
In other recent news, M&T Bank reported its first-quarter earnings for 2025, revealing earnings per share (EPS) of $3.32, which fell short of both Piper Sandler’s estimate of $3.35 and the consensus estimate of $3.40. The earnings shortfall was primarily due to a $0.15 miss in fees, though this was partially offset by a $0.10 beat on expense management. Analysts have adjusted their outlooks in response to these results. Piper Sandler reduced its price target to $210 while maintaining an Overweight rating, and RBC Capital Markets lowered its price target to $200 but kept an Outperform rating. Similarly, KBW adjusted their price target to $200 with a Market Perform rating, noting that a smaller balance sheet impacted expectations. Deutsche Bank (ETR:DBKGn) upgraded M&T Bank from Hold to Buy, setting a price target of $210, citing the bank’s strong capital position as a key factor. Jefferies initiated coverage with a Buy rating and a price target of $225, highlighting M&T Bank’s robust balance sheet and consistent credit quality. These developments reflect varied analyst perspectives on M&T Bank’s financial health and strategic potential.
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