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Is M bank stock a good buy?

Posted on 2020-12-06 by Muna Meyer

Is M bank stock a good buy?

M Bank has received a consensus rating of Buy. The company’s average rating score is 2.58, and is based on 7 buy ratings, 5 hold ratings, and no sell ratings.

Is M bank publicly traded?

M Bank Corporation is an American bank holding company headquartered in Buffalo, New York….M Bank.

Type Public company
Traded as NYSE: MTB S&P 500 Index component
Industry Banking Financial services
Founded August 29, 1856
Headquarters One M Plaza Buffalo, New York United States

Did M bank get bought out?

(NASDAQ: PBCT) (“People’s United”) announced today that they have entered into a definitive agreement under which M will acquire People’s United in an all-stock transaction….Newsroom.

M Contacts People’s United Contacts
646-735-1958 203-338-4202

Does MTB pay a dividend?

16, 2021 /PRNewswire/ — M Bank Corporation (“M”) (NYSE:MTB) announced that it has declared a quarterly cash dividend of $1.20 per share on its common stock. This represents an increase of $….M Bank Corporation Announces Increased Common Stock Dividend.

Investor Contact: Donald J. MacLeod
Media Contact: Maya Dillon
(212) 415-0557

Is M a strong bank?

M Bank currently operates more than 700 branches and 1,600 ATMs in New York, Maryland, New Jersey, Pennsylvania, Delaware, Connecticut, Virginia, West Virginia and Washington, D.C. GOBankingRates ranked M Bank as one of the Best Regional Banks and Top 100 Banks of 2022.

Did M Bank stock split?

BUFFALO, NEW YORK – M Bank Corporation (“M”) (NYSE: MTB) announced that, at a special meeting held today, its shareholders approved M’s merger with Keystone Financial, Inc. Separately, M’s Board of Directors declared a 10-for-1 common stock split.

Who is M bank merging with?

People’s United Bank
BUFFALO, N.Y., Oct. 21, 2021 — M Bank Corporation (NYSE: MTB) (“M”) announced today that it has received approval from the New York State Department of Financial Services and the Connecticut Department of Banking to complete the merger of M Bank with People’s United Bank.

How often does MTB pay dividends?

4 dividends per year
Dividend Summary There are typically 4 dividends per year (excluding specials), and the dividend cover is approximately 3.3.

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