M&T Bank Corp (NYSE:MTB)

CAPS Rating: 4 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.


Player Avatar Griffin416 (99.97) Submitted: 11/3/2010 12:51:40 PM : Outperform Start Price: $68.84 MTB Score: +8.53

What a great company:
1) Buffett loves it
2) It held its dividend throughout the financial crisis
3) It has outperformed nearly all the decently sized banks over nearly every period I look it
4) The management is clearly top notch
5) Recently there has been forced selling by AIB a large shareholder, it appears as if the high volume selling is done
6) The pullback is enough for me to jump in
7) The dividend is high enough to sustain me even if the stock goes nowwhere for a while (3.61%)
8) They just acquired WL bank at a huge bargain...gaining market share for pennies on the dollar, the stock jumped on the news, which is generally very good for the stock
9) Fitch just announced they are keeping theri credit rating the same after the acquisition, the stock goes up

10) Good history, good news, good price action, just after a nasty sell-off = A fat pitch, Buffett style.

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