Reported about 14 hours ago
M&T Bank is set to report earnings this week, with Genter Capital Management's CEO, Dan Genter, labeling it the 'best in show' for regional banks. Genter emphasizes M&T's proactive approach to managing commercial real estate and increasing reserves, which positions them favorably compared to peers. He argues that the bank's current trading ratio of 1.2 against a historical average of 1.3 makes it a solid investment, predicting a growth to $230 a share, alongside a recent 4% dividend increase and an attractive return to investors through stock buybacks.
Source: YAHOO