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flag Quadcap Wealth Management increased its stake in M&T Bank, which beat earnings estimates and raised its dividend.

flag Quadcap Wealth Management increased its stake in M&T Bank by 14.7%, now owning 2,969 shares, though insiders have sold shares recently. flag The stock has a "Moderate Buy" consensus with a target price of $212.88. flag M&T Bank reported earnings of $4.28 per share, beating estimates by $0.24, and has a market cap of $31.31 billion. flag The company also raised its quarterly dividend to $1.50 per share.

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