$63.56 0.73 (+1.16%)
12/4/2009 10:52 AM

M&T Bank Corp (MTB)

CAPS Rating: 2 out of 5

A Bank holding Company which provide individuals, corporations and other businesses, and institutions with commercial & retail banking services, including loans and deposits, trust, mortgage banking, asset management, insurance & other financial services.

Recs

2
Member Avatar Fliujniligui (< 20) Submitted: 3/6/2009 6:27:02 PM : Outperform Start Price: $30.97 MTB Score: +45.51

Well this bank remained profitable and steady trough 2008. It gives its dividend which is steady and fat and this makes a good yield now that the stock went from 120 to 30 $. There is not much toxic assets, the management is crazy good and Warren Buffet has good stake, beside Allied Irish Banks and internal investors from the company. Less float is good for a short squeeze too.

Report this Post 1 Comment
Member Avatar mihalikm (32.41) Submitted: 3/31/2009 4:42:47 PM
Recs: 0 Rec This

Agreed. Add to your comments, limited exposure to subprime markets, strong analytically oriented decision-making, and competiting in the more stable NE/Mid-Atlantic states against struggling big boys and other regionals (like C, BAC and SOV/STI) - so enjoying the customers fleeing from the big boys to them. One of the stronger regionals around.

Report this Post

Featured Broker Partners