How does MTB.PRJ's PE Ratio compare to its peers?

MTB.PRJ is expensive based on its Price-To-Earnings Ratio (16.2x) compared to the peer average (16x).

How does MTB.PRJ's PE Ratio compare vs other companies in the US Banks Industry?

MTB.PRJ is expensive based on its Price-To-Earnings Ratio (16.2x) compared to the US Banks industry average (13.2x).

What is MTB.PRJ's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

MTB.PRJ is expensive based on its Price-To-Earnings Ratio (16.2x) compared to the estimated Fair Price-To-Earnings Ratio (15.5x).

What is the Fair Price of MTB.PRJ when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

MTB.PRJ ($27.11) is trading below our estimate of [[fair value]] ($45.48)

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Insufficient data to show price forecast.

M&T Bank (NYSE:MTB.PRJ) - Stock Price, News & Analysis

MTB.PRJ Stock Overview

Operates as a bank holding company for Manufacturers and Traders Trust Company and Wilmington Trust, National Association that engages in the provision of retail and commercial banking products and services in the United States. More details

MTB.PRJ fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	1/6
Past Performance	2/6
Financial Health	6/6
Dividends	5/6

Rewards

Trading at 40.4% below our estimate of its fair value

Earnings are forecast to grow 6.62% per year

Pays a reliable dividend of 2.44%

Risk Analysis

No risks detected for MTB.PRJ from our risk checks.

M&T Bank Corporation Competitors

Huntington Bancshares

NasdaqGS:HBAN

US$26.0b

Regions Financial

NYSE:RF

US$24.8b

Citizens Financial Group

NYSE:CFG

US$21.0b

East West Bancorp

NasdaqGS:EWBC

US$15.3b

Price History & Performance

Summary of all time highs, changes and price drops for M&T Bank
Historical stock prices
Current Share Price	US$27.11
52 Week High	US$28.04
52 Week Low	US$24.09
Beta	0.73
11 Month Change	-0.99%
3 Month Change	0.69%
1 Year Change	n/a
33 Year Change	n/a
5 Year Change	n/a
Change since IPO	7.88%

Recent updates

Shareholder Returns

	MTB.PRJ	US Banks	US Market
7D	-0.6%	1.8%	2.2%
1Y	n/a	57.7%	31.6%

Return vs Industry: Insufficient data to determine how MTB.PRJ performed against the US Banks industry.

Return vs Market: Insufficient data to determine how MTB.PRJ performed against the US Market.

Price Volatility

Is MTB.PRJ's price volatile compared to industry and market?
MTB.PRJ volatility
MTB.PRJ Average Weekly Movement	1.4%
Banks Industry Average Movement	5.1%
Market Average Movement	6.3%
10% most volatile stocks in US Market	15.7%
10% least volatile stocks in US Market	3.1%

Stable Share Price: MTB.PRJ has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: MTB.PRJ's weekly volatility (1%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1856	21,986	Ren Jones	www3.mtb.com

M&T Bank Corporation operates as a bank holding company for Manufacturers and Traders Trust Company and Wilmington Trust, National Association that engages in the provision of retail and commercial banking products and services in the United States. The company operates through three segments: Commercial Bank, Retail Bank, and Institutional Services and Wealth Management. It offers a range of credit products and banking services, such as commercial lending and leasing, letters of credits, commercial real estate loans, and credit facilities secured by various commercial real estate to middle-market and large commercial customers.

M&T Bank Corporation Fundamentals Summary

How do M&T Bank's earnings and revenue compare to its market cap?
MTB.PRJ fundamental statistics
Market cap	US$36.69b
Earnings (TTM)	US$2.26b
Revenue (TTM)	US$8.50b

16.2x

P/E Ratio

1.4x

P/B Ratio

Is MTB.PRJ overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MTB.PRJ income statement (TTM)
Revenue	US$8.50b
Cost of Revenue	US$0
Gross Profit	US$8.50b
Other Expenses	US$6.24b
Earnings	US$2.26b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

Jan 16, 2025

Earnings per share (EPS)	13.63
Gross Margin	100.00%
Net Profit Margin	26.60%
Debt/Equity Ratio	51.5%

How did MTB.PRJ perform over the long term?

See historical performance and comparison

Dividends

2.4%

Current Dividend Yield

39%

Payout Ratio

Does MTB.PRJ pay a reliable dividends?

See MTB.PRJ dividend history and benchmarks

When do you need to buy MTB.PRJ by to receive an upcoming dividend?
M&T Bank dividend dates
Ex Dividend Date	Dec 02 2024
Dividend Pay Date	Dec 16 2024
Days until Ex dividend	6 days
Days until Dividend pay date	20 days