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M&T Bank Corp (NYSE:MTB) Vice Chairman Kevin J. Pearson (LON:PSON) sold a total of $4,718,034 of company stock on August 14, 2025. The sales involved 24,417 shares, at prices ranging from $192.4254 to $194.0831.
On the same day, Pearson also exercised options to acquire 15,087 shares of M&T Bank common stock at a price of $132.47, for a total value of $1,998,574. These options were granted under an equity incentive compensation plan. Additionally, Pearson gifted 1,500 shares of common stock, with a reported value of $0.
Following these transactions, Pearson directly owns 40,849 shares of M&T Bank Corp. common stock and indirectly owns 3,441 shares by 401(k) Plan and 4,330 shares by SLAT.
In other recent news, M&T Bank reported better-than-expected earnings for the second quarter of 2025, with diluted net operating earnings per share reaching $4.28, surpassing the forecast of $3.99. The company’s revenue also exceeded expectations, totaling $2.4 billion compared to the projected $2.39 billion. Following these results, BofA Securities raised its price target for M&T Bank to $228 from $223, maintaining a Buy rating, citing lower credit costs and accelerated share buybacks as key factors. Truist Securities also increased its price target to $220 from $215, highlighting improved credit and expense guidance along with a larger-than-expected buyback program. Citi raised its price target to $215 from $212 while keeping a Neutral rating, noting strong quarterly results despite softer net interest income. DA Davidson adjusted its price target to $207 from $189, maintaining a Neutral rating, acknowledging that core EPS beat consensus estimates by $0.21 due to stronger fees and lower credit costs. These developments reflect a positive outlook on M&T Bank’s financial performance by various analyst firms.
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