MTB Stock Overview
M&T Bank Corporation operates as a bank holding company that provides commercial and retail banking services.
M&T Bank Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$180.80|
|52 Week High||US$186.95|
|52 Week Low||US$128.46|
|1 Month Change||5.54%|
|3 Month Change||-1.22%|
|1 Year Change||12.52%|
|3 Year Change||13.28%|
|5 Year Change||14.73%|
|Change since IPO||2,655.05%|
Recent News & Updates
|MTB||US Banks||US Market|
Return vs Industry: MTB exceeded the US Banks industry which returned -13.3% over the past year.
Return vs Market: MTB exceeded the US Market which returned -10.2% over the past year.
|MTB Average Weekly Movement||5.3%|
|Banks Industry Average Movement||3.8%|
|Market Average Movement||7.8%|
|10% most volatile stocks in US Market||17.0%|
|10% least volatile stocks in US Market||2.8%|
Stable Share Price: MTB is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: MTB's weekly volatility (5%) has been stable over the past year.
About the Company
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.
M&T Bank Fundamentals Summary
|MTB fundamental statistics|
Is MTB overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|MTB income statement (TTM)|
|Cost of Revenue||US$0|
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
|Earnings per share (EPS)||9.41|
|Net Profit Margin||28.19%|
How did MTB perform over the long term?See historical performance and comparison
2.7%Current Dividend Yield
Does MTB pay a reliable dividends?See MTB dividend history and benchmarks
|M&T Bank dividend dates|
|Ex Dividend Date||May 31 2022|
|Dividend Pay Date||Jun 30 2022|
|Days until Ex dividend||1 day|
|Days until Dividend pay date||31 days|
Does MTB pay a reliable dividends?See MTB dividend history and benchmarks
Is M&T Bank undervalued compared to its fair value and its price relative to the market?
Valuation Score 2/6
Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PB vs Industry
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: MTB ($180.8) is trading below our estimate of fair value ($465.32)
Significantly Below Fair Value: MTB is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: MTB is poor value based on its Price-To-Earnings Ratio (19.2x) compared to the US Banks industry average (9.9x).
PE vs Market: MTB is poor value based on its Price-To-Earnings Ratio (19.2x) compared to the US market (15.6x).
Price to Earnings Growth Ratio
PEG Ratio: MTB is poor value based on its PEG Ratio (1.4x)
Price to Book Ratio
PB vs Industry: MTB is overvalued based on its Price-To-Book Ratio (2x) compared to the US Banks industry average (1.1x).
How is M&T Bank forecast to perform in the next 1 to 3 years based on estimates from 14 analysts?
Future Growth Score2/6
Future Growth Score 2/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: MTB's forecast earnings growth (13.7% per year) is above the savings rate (1.9%).
Earnings vs Market: MTB's earnings (13.7% per year) are forecast to grow faster than the US market (13.2% per year).
High Growth Earnings: MTB's earnings are forecast to grow, but not significantly.
Revenue vs Market: MTB's revenue (7.7% per year) is forecast to grow slower than the US market (8.1% per year).
High Growth Revenue: MTB's revenue (7.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: MTB's Return on Equity is forecast to be low in 3 years time (13.2%).
How has M&T Bank performed over the past 5 years?
Past Performance Score4/6
Past Performance Score 4/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MTB has high quality earnings.
Growing Profit Margin: MTB's current net profit margins (28.2%) are higher than last year (26.9%).
Past Earnings Growth Analysis
Earnings Trend: MTB's earnings have grown by 3.6% per year over the past 5 years.
Accelerating Growth: MTB's earnings growth over the past year (15.9%) exceeds its 5-year average (3.6% per year).
Earnings vs Industry: MTB earnings growth over the past year (15.9%) underperformed the Banks industry 20.9%.
Return on Equity
High ROE: MTB's Return on Equity (9.9%) is considered low.
How is M&T Bank's financial position? (This company is analysed differently as a bank or financial institution)
Financial Health Score4/6
Financial Health Score 4/6
Allowance for Bad Loans
Low Risk Liabilities
Low Risk Deposits
Level of Bad Loans
Financial Position Analysis
Debt to Equity History and Analysis
Financial Institutions Analysis
Asset Level: MTB's Assets to Equity ratio (8.4x) is low.
Allowance for Bad Loans: MTB has a low allowance for bad loans (69%).
Low Risk Liabilities: 96% of MTB's liabilities are made up of primarily low risk sources of funding.
Loan Level: MTB has an appropriate level of Loans to Assets ratio (60%).
Low Risk Deposits: MTB's Loans to Deposits ratio (71%) is appropriate.
Level of Bad Loans: MTB has a high level of bad loans (2.3%).
What is M&T Bank current dividend yield, its reliability and sustainability?
Dividend Score 5/6
Future Dividend Coverage
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: MTB's dividend (2.65%) is higher than the bottom 25% of dividend payers in the US market (1.49%).
High Dividend: MTB's dividend (2.65%) is low compared to the top 25% of dividend payers in the US market (3.92%).
Stability and Growth of Payments
Stable Dividend: MTB's dividends per share have been stable in the past 10 years.
Growing Dividend: MTB's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (35.1%), MTB's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: MTB's dividends in 3 years are forecast to be well covered by earnings (31.9% payout ratio).
Discover strong dividend paying companies
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Ren Jones (56 yo)
Mr. Rene F. Jones, also known as Ren, serves as Director at Federal Reserve Bank of New York since December 2021. He serves as Chairman of the Board, President and Chief Executive Officer of Wilmington Tru...
CEO Compensation Analysis
Compensation vs Market: Ren's total compensation ($USD6.87M) is below average for companies of similar size in the US market ($USD13.06M).
Compensation vs Earnings: Ren's compensation has increased by more than 20% in the past year.
Experienced Management: MTB's management team is considered experienced (4.6 years average tenure).
Experienced Board: MTB's board of directors are considered experienced (9.8 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: MTB insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 39.5%.
M&T Bank Corporation's employee growth, exchange listings and data sources
- Name: M&T Bank Corporation
- Ticker: MTB
- Exchange: NYSE
- Founded: 1856
- Industry: Regional Banks
- Sector: Banks
- Implied Market Cap: US$32.439b
- Shares outstanding: 179.42m
- Website: https://www3.mtb.com
Number of Employees
- M&T Bank Corporation
- One M&T Plaza
- New York
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/05/28 00:00|
|End of Day Share Price||2022/05/27 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.