Jim Cramer Says "There's Nothing Not to Like About M&T Bank"

M&T Bank Corporation (NYSE:MTB) is one of the stocks Jim Cramer shed light on. When a caller inquired about the stock during the lightning round, Cramer said:

“Very well-run bank. It’s still not that expensive. Actually, it’s surprisingly inexpensive. I would buy that stock tomorrow morning, even though it looks like it’s going to spike. It’s at 12 times earnings. There’s nothing not to like about M&T Bank. It’s good.”

M&T Bank Corporation (NYSE:MTB) provides banking and credit products including loans, deposit accounts, and cash management services. Ariel Investments stated the following regarding M&T Bank Corporation (NYSE:MTB) in its third quarter 2025 investor letter:

“We purchased M&T Bank Corporation (NYSE:MTB), a regionally focused commercial bank with strong local scale in the Northeast and Mid-Atlantic. Its strategy prioritizes density over national expansion, with selective acquisitions like the successful People’s merger enhancing its deposit base. The bank has actively reduced risk in its commercial real estate portfolio and leverages unique agency licenses to generate fee income. M&T is also well-positioned to benefit from partnerships in private credit. While near-term credit risks remain, especially in commercial real estate, the bank’s consistent operating leverage and above-peer returns support a favorable long-term outlook.”

While we acknowledge the potential of MTB as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.