M&T Bank Corp purchased an additional 91,468 shares of Dutch Bros Inc. This acquisition increased the bank's total holdings by 1,559.3%. The bank now holds 97,334 shares in the company. The position is valued at approximately $5.96 million. This investment represents 0.06% of the company.
Dutch Bros recently reported quarterly earnings of $0.17 per share. This result beat the consensus estimate of $0.10. Revenue grew 29.4% compared to the same quarter last year.
Institutional investors currently hold 85.54% of the company's shares. Analysts maintain a consensus Moderate Buy rating on the stock.