M&T Bank Corporation (MTB) continues to benefit from solid top-line growth, strategic acquisitions, and rising loan and deposit balances. However, increasing expenses and deteriorating credit quality are major concerns. M&T Bank maintains steady capital distribution activities. In May 2024, the company hiked its quarterly dividends by 4% to $1.35 per share, following an 8.3% increase in February 2023. MTB currently carries a Zacks Rank #3 (Hold). Shares of the company have gained 9.5% over the past six mont ...