M&T Bank (MTB) Vice Chairman Kevin J Pearson Sells $442K of Stock

M&T Bank Corporation Vice Chairman Kevin J Pearson sold 2,000 shares of the regional bank on October 16, 2026, according to a Form 4 filing with the Securities and Exchange Commission. The stock closed at $215.28 on the day of the transaction. M&T Bank shares recently traded around $218.10 as of October 20, 2026, which is up about 1.3% since the trade.

MTB M&T Bank Corporation

$213.74 ▲ +6.91% year to date

1M 3M YTD

Daily close · Oct 19, 2026

Inside Kevin J Pearson's M&T Bank Trade

The shares were sold at a price of $220.75 for a total value of $441,500. This pre-arranged sale was executed under a Rule 10b5-1 trading plan. Following the transaction, Pearson directly owns 42,107 shares of the company, cutting his stake by 4.53%.

Other Institutional Activity in M&T Bank

State Farm Mutual Automobile Insurance Co held steady with 4,122,590 shares worth about $900,167,551 as of June 30, 2026, showing no change in its position.

M&T Bank Corporation Stock Up 2.0%

The shares recently traded about 5.8% below their 50-day moving average of $231.46 and 14.8% below their 52-week high of $255.95.

Recent Earnings

M&T Bank Corporation posted trailing twelve-month revenue of $9.46 billion and basic earnings of $18.92 per share. The regional bank reported a net profit margin of 31.9% and a return on equity of 10.6%. The company's next earnings report is scheduled for January 19, 2027.

Dividend

M&T Bank pays an annual dividend rate of $6.00 per share, giving it a dividend yield of 2.81%. The dividend payout ratio stands at 31.7%.

Insider Buying and Selling at M&T Bank Corporation

Several other company insiders executed sales prior to this transaction, including Chief Executive Officer Rene F. Jones, who sold 19,396 shares on September 14, 2026, for $4,642,433. Additional sales were reported by Director Rudina Seseri, officer John R Taylor, and Director Kirk W Walters.

Analysts Set New Price Targets

Analysts have actively adjusted their views on the stock, with JP Morgan maintaining a Neutral rating and a $248.50 target on October 2, 2026. UBS, Raymond James, Cantor Fitzgerald, and DA Davidson also updated their stances ahead of and following the trade. The stock holds a consensus hold recommendation among 20 analysts with a mean price target of $248.08.

About M&T Bank

M&T Bank Corporation acts as a bank holding company providing retail and commercial banking products and services across the United States through subsidiaries like Manufacturers and Traders Trust Company.

Bottom Line

Investors will look toward the bank's next earnings release on January 19, 2027, for further details on financial performance. Future Form 4 filings will provide additional insight into executive stock ownership changes.