M & T Bank Corp
M & T Bank Corp (MTB) Covered Calls
As of September 25, 2026, MTB has 85 covered call opportunities in the coming three months. Return ranges from 2.8 to 64.7% until expiration. Annualized return ranges from 10.0 to 164.2%. The nearest expiration is October 16, 2026. Maximum potential profit is $14,139.
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Running MTB covered calls helps you generate consistent income from M & T Bank Corp's shares you already own, turning a long stock position into a yield-producing asset. A covered call on M & T Bank Corp involves holding the underlying stock and selling a call option against it, collecting premium in exchange for capping upside at the strike price. Use our scanner to find the best MTB covered calls in real time and filter for the strikes, expiries, and premiums that fit your strategy.
A covered call is one of the most widely used options strategies because it pairs limited risk with a clear income profile: if MTB stays below the strike at expiration, you keep the premium and the shares; if it rises above, you deliver the stock at the strike and still pocket the premium. Selling MTB covered calls works best when implied volatility is elevated, since richer premiums improve the risk-reward. Key inputs to evaluate include strike selection relative to delta, days to expiration, annualized return, and the probability of assignment — all of which determine whether a given M & T Bank Corp covered call is worth writing.
M&T Bank Corporation operates as a bank holding company that provides commercial and retail banking services. The company's Business Banking segment offers deposit, lending, cash management, and other financial services to small businesses and professionals. Its Commercial Banking segment provides deposit products, commercial lending and leasing, letters of credit, and cash management services for middle-market and large commercial customers. The company's Commercial Real Estate segment originates, sells, and services commercial real estate loans; and offers deposit services. Its Discretionary Portfolio segment provides deposits; securities, residential real estate loans, and other assets; and short and long term borrowed funds, as well as foreign exchange services.
The company's Residential Mortgage Banking segment offers residential real estate loans for consumers and sells those loans in the secondary market; and purchases servicing rights to loans originated by other entities. Its Retail Banking segment offers demand, savings, and time accounts; consumer installment loans, automobile and recreational finance loans, home equity loans and lines of credit, and credit cards; mutual funds and annuities; and other services. The company also provides trust and wealth management; fiduciary and custodial; insurance agency; institutional brokerage and securities; and investment management services. It offers its services through banking offices, business banking centers, telephone and internet banking, and automated teller machines. As of December 31, 2021, the company operates 688 domestic banking offices in New York State, Maryland, New Jersey, Pennsylvania, Delaware, Connecticut, Virginia, West Virginia, and the District of Columbia; and a full-service commercial banking office in Ontario, Canada. M&T Bank Corporation was founded in 1856 and is headquartered in Buffalo, New York.
Income-focused investors, long-term MTB holders, and systematic premium sellers all face the same challenge: finding the covered call strike and expiry that balances yield against the risk of being called away. Our scanner ranks covered calls by annualized return, downside protection, and probability of profit, so selling MTB covered calls becomes a measured decision instead of a guess. Stop eyeballing the chain — let the best M & T Bank Corp covered calls come to you, already filtered for the metrics that matter.
Stock Statistics
- IndustryBanks - Regional
- SectorFinancial
- IV percentile50.40% Neutral
- Market cap (M$)31,943
- 52 weeks high-13.58%
- 52 weeks low26.57%
- Analyst recommendationHold
2.59 - Target price$257.86
16.58% above the current stock price - Dividend—
- Payout ratio33.53%
- Earnings date2026-10-16
- P/E11.68
- Future P/E10.51
- EPS (ttm)18.94
- EPS growth next 5 years11.04%
As of September 25, 2026
| 2026-10-16 | 22 | 240.00 | 9.76 | 0.30 | 0.65 | 2164.00 | 9.90 | 164.19 | -0.14 | +0.08 | 540 | 0.35 |
| 2026-11-20 | 57 | 260.00 | 18.91 | 0.05 | 1.50 | 4139.00 | 18.93 | 121.21 | -0.02 | +0.07 | 0 | 1.45 |
| 2026-10-16 | 22 | 230.00 | 5.19 | 1.30 | 2.20 | 1264.00 | 5.78 | 95.91 | -0.59 | +0.23 | 320 | 0.90 |
| 2026-11-20 | 57 | 250.00 | 14.33 | 0.40 | 1.30 | 3174.00 | 14.52 | 92.95 | -0.18 | +0.09 | 44 | 0.90 |
| 2026-12-18 | 85 | 260.00 | 18.91 | 0.25 | 1.75 | 4159.00 | 19.02 | 81.68 | -0.11 | +0.09 | 238 | 1.50 |
| 2027-02-19 | 148 | 290.00 | 32.63 | 0.05 | 1.75 | 7139.00 | 32.65 | 80.52 | -0.02 | +0.06 | 0 | 1.70 |
| 2027-01-15 | 113 | 270.00 | 23.48 | 0.10 | 1.85 | 5144.00 | 23.53 | 75.99 | -0.05 | +0.08 | 188 | 1.75 |
| 2027-04-16 | 204 | 310.00 | 41.77 | 0.05 | 1.80 | 9139.00 | 41.80 | 74.78 | -0.02 | +0.06 | 0 | 1.75 |
| 2027-06-17 | 266 | 330.00 | 50.92 | 0.05 | 1.85 | 11139.00 | 50.94 | 69.90 | -0.02 | +0.05 | 0 | 1.80 |
| 2027-02-19 | 148 | 280.00 | 28.05 | 0.05 | 1.95 | 6139.00 | 28.08 | 69.24 | -0.02 | +0.07 | 40 | 1.90 |
As of September 25, 2026
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