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M&T Bank Corporation

Data quality: 100%
MTB
NYSE Financial Services Banks - Regional
$200.66
▲ $2.51 (1.27%)
Mkt Cap: 29.90B
Also listed as MTB-PJ NYSE
Day Range
$200.52 $204.54
52-Week Range
$150.75 $239.00
Volume
875,377
50D / 200D Avg
$217.43 / $199.14
Prev Close
$198.15

Price History

Financial Trends

Peer Comparison

vs Financial Services sector median (854 peers)

Metric Stock Sector Median
P/E 10.5 10.3
P/B 1.0 1.1
ROE % 9.8 11.7
Net Margin % 23.2 16.8
Rev Growth 5Y % 19.3 11.7
D/E 0.5 0.5

Analyst Price Target

Hold
$231.11 +15.2%
Low: $208.00 High: $255.00
Forward P/E
10.7
Forward EPS
$18.77
EPS Growth (est.)
+0.0%
Est. Revenue
10 B

Earnings Estimates

Period EPS Est. Revenue Est. Analysts
FY2028 $23.52
$21.56 – $24.87
11 B 4
FY2027 $21.06
$20.49 – $21.80
10 B 14
FY2026 $18.77
$18.38 – $19.34
10 B 15

Key Takeaways

Revenue grew 19.30% annually over 5 years — strong growth
Net margin of 23.16% shows strong profitability
Debt/Equity of 0.45 — conservative balance sheet
Generating 2.86B in free cash flow
P/E of 10.49 — trading at a low valuation
PEG of 0.71 suggests growth is underpriced

Growth

Revenue Growth (5Y)
19.30%
Revenue (1Y)-8.18%
Earnings (1Y)10.16%
FCF Growth (3Y)-11.47%

Quality

Return on Equity
9.80%
ROIC6.56%
Net Margin23.16%
Op. Margin29.99%

Safety

Debt / Equity
0.45
Current Ratio0.32
Interest Coverage1.04

Valuation

P/E Ratio
10.49
P/B Ratio1.02
EV/EBITDA6.55
Dividend Yield0.03%

All Fundamental Metrics

Growth
Revenue Growth (1Y) -8.18% Revenue Growth (3Y) -0.79%
Earnings Growth (1Y) 10.16% Earnings Growth (3Y) 1.99%
Revenue Growth (5Y) 19.30% Earnings Growth (5Y) 11.28%
Profitability
Revenue (TTM) 12.31B Net Income (TTM) 2.85B
ROE 9.80% ROA 1.34%
Gross Margin 74.62% Operating Margin 29.99%
Net Margin 23.16% Free Cash Flow (TTM) 2.86B
ROIC 6.56% FCF Growth (3Y) -11.47%
Safety
Debt / Equity 0.45 Current Ratio 0.32
Interest Coverage 1.04 Dividend Yield 0.03%
Valuation
P/E Ratio 10.49 P/B Ratio 1.02
P/S Ratio 2.43 PEG Ratio 0.71
EV/EBITDA 6.55 Dividend Yield 0.03%
Market Cap 29.90B Enterprise Value 24.19B

Income Statement

Annual, most recent first

Income statement data, annual, most recent first
Metric FY2025 FY2024 FY2023 FY2022 FY2021
Revenue 12.31B 13.41B 12.51B 8.44B 6.08B
Net Income 2.85B 2.59B 2.74B 1.99B 1.86B
EPS (Diluted) 17.00 14.64 15.79 11.53 13.80
Gross Profit 9.19B 8.62B 8.75B 7.50B 6.04B
Operating Income 3.69B 3.31B 3.62B 2.61B 2.46B

Balance Sheet

Annual, most recent first

Balance sheet data, annual, most recent first
Metric FY2025 FY2024 FY2023 FY2022 FY2021
Total Assets 213.51B 208.11B 208.26B 200.73B 155.11B
Total Liabilities 184.33B 179.08B 181.31B 175.41B 137.20B
Shareholders' Equity 29.18B 29.03B 26.96B 25.32B 17.90B
Total Debt 13.06B 13.67B 13.52B 7.52B 3.53B
Cash & Equivalents 18.77B 20.78B 29.80B 26.48B 43.21B
Current Assets 55.42B 35.33B 43.16B 39.93B 48.31B
Current Liabilities 173.42B 162.16B 173.11B 171.45B 133.72B