MTB
M&T Bank
$250.68
▲ 0.2%Updated Aug 7, 11:30 AM ET
MTB at a glance — five pillars scored 0–100 from real filed financials.
Overall: Strong · 84/100. A wider, greener shape means more pillars look healthy. Dividends scores 0 when a company pays none — that is a choice, not a flaw.
▲ Up 23.9% over the last 12 months
Market Cap
$34.98B
P/E
12.52x
Forward P/E (est.)
10.48x
ROE
10.3%
Revenue Growth
86.2%
EPS Growth
19.4%
Profit Margin
30.7%
FCF Yield
8.5%
Debt / Equity
0.45x
ROIC
—
Interest Coverage
—
Current Ratio
—
Dividend Yield
2.7%
Implied Growth (rev. DCF)
—
Rating Score
84/100
M&T Bank (MTB) is a large-cap company in the Regional Banks industry, part of the Financials sector of the S&P 500, with a market value around $34.98B.
In its latest reported year it generated about $1.66B in revenue and $2.85B in net profit.
Our model rates MTB Strong (84/100) on growth, profitability, financial health, and valuation. The summary below is built from its filed financials and current ratios and refreshes automatically.
Technical analysis reads price and volume to judge momentum and timing. It complements the fundamentals above — it does not replace them. Here is what MTB's chart says today, with each tool explained.
Trend — moving averages. A moving average is the average closing price over a window, which smooths out daily noise. MTB trades near $250.68, above its 50-day average ($219.99) and 200-day average ($207.92). Price above both averages, with the shorter one above the longer, is the textbook definition of an uptrend — momentum favours buyers.
Momentum — RSI. The Relative Strength Index runs 0–100 and measures how strong recent gains are versus losses. Above 70 is "overbought", below 30 "oversold". At 65 it is in neutral territory — neither stretched nor washed out.
MACD. MACD compares two moving averages to flag shifts in momentum. Its histogram is currently positive — short-term momentum is improving.
Volatility — ATR. Average True Range is the typical daily move. MTB's is $4.52 (~1.8% of price), so swings of about that size each day are normal — handy for setting a stop that isn't too tight.
Support & resistance. Over the last month MTB found buyers near $216.77 (support) and sellers near $243.57 (resistance); its 52-week range is $174.76–$243.57. A decisive break beyond either edge often marks the next move.
Volume. The latest session traded 0.6× the 20-day average — lighter than usual, so the move carries less conviction. Rising volume on up-days suggests real buying; on down-days, real selling.
Educational information to help you read a chart — not a recommendation or a forecast. It updates daily as the price and indicators change.
3Y CAGR
2.8%
Revenue moved from $1.52B in 2022 to $1.66B in 2025, a 2.8% compound annual growth rate. The most recent year grew a strong 86.2% year over year. Consistent top-line growth is one sign of healthy demand.
Gross Margin
—
Operating Margin
40.6%
Net Margin
172.1%
ROE
10.3%
M&T Bank keeps about 30.7% of each sales dollar as net profit. Return on equity is 10.3%. Margins this wide usually signal pricing power or a cost advantage.
Total Debt
$11.18B
Net Debt
$9.75B
Net Debt / EBITDA
—
Debt / Equity
0.45x
Leverage: debt-to-equity is 0.4x. That is a conservative balance sheet — a cushion in downturns. It carries roughly $11.18B of total debt against $1.42B of cash.
Operating CF
$3.00B
Free Cash Flow
$3.00B
FCF Margin
181.2%
In the latest year M&T Bank produced about $3.00B of operating cash flow and $3.00B of free cash flow after capital spending. That is a free-cash-flow yield of about 8.5% on today's price. Strong cash generation funds dividends, buybacks, and reinvestment.
Can the payout survive a bad year? Scored from filed cash flow, earnings coverage, and the raise/cut record.
The payout is comfortably covered by cash the business actually generates, with a raise habit behind it.
Dividend yield
2.7%
Per share (latest FY)
$5.70
Total paid (latest FY)
$899.00M
History on record
4 years
dividend uses 30% of free cash flow
32% of net income paid out
total dividends increased 3 years in a row
no cuts in the last 4 years on record
Coverage uses the latest fiscal year as filed with the SEC; the streak counts total dollars paid (per-share figures can carry split artifacts). Educational information, not income advice.
P/E
12.52x
P/S
2.55x
P/B
1.17x
EV / EBITDA
—
MTB trades at 12.5x trailing earnings (about 10.5x on estimated forward earnings), 2.5x sales, and 1.2x book value. That is an undemanding multiple — potentially cheap if the business is stable.
Where MTB sits versus its Financials sector peers in the S&P 500.
Bands show the middle half (25th–75th percentile) of the 141 Financials companies in the S&P 500 — the peer-relative anchor professional comps analysis uses. Context only — not investment advice.
How MTB stacks up against its Financials peers — valuation, profitability, and growth versus the sector median.
In the Financials sector (289 S&P 500 companies), MTB ranks #4 of 289 by our overall rating. It trades at a discount versus the sector on earnings (12.5x P/E vs. 15.8x median) with a lower return on equity (10.3% vs. 13.6%) and faster revenue growth (86.2% vs. 15.9%).
P/E vs sector
12.5x
median 15.8x
ROE vs sector
10.3%
median 13.6%
Growth vs sector
86.2%
median 15.9%
Sector rank
#4
of 289 by rating
Valuation vs. quality map
The sweet spot is upper-left: more profitable (higher ROE) for a lower P/E. Dashed lines mark the sector median.
Peers are the closest Financials companies by sub-industry and size. Sector median is across all 289 S&P 500 names in the sector. Educational, not a recommendation.
Project revenue → earnings → price. Edit the assumptions to build your own case.
2030 price target (Base Case)
$0.00 – $0.00
vs. $250.68 today · expected CAGR 4% – 15%
| Metric | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| Revenue | $2.40B | $3.48B | $5.05B | $7.32B | $10.62B |
| Net income | $1.20B | $1.74B | $2.53B | $3.66B | $5.31B |
| EPS | $8.61 | $12.48 | $18.10 | $26.24 | $38.05 |
| Share price (low) | $68.87 | $99.86 | $144.79 | $209.95 | $304.43 |
| Share price (high) | $111.91 | $162.27 | $235.29 | $341.17 | $494.70 |
| CAGR (low–high) | -73% / -55% | -37% / -20% | -17% / -2% | -4% / 8% | 4% / 15% |
Educational model on sample fundamentals — not a forecast or investment advice. Outputs are only as good as your assumptions.
The case for MTB:
- Revenue is growing 86.2% a year, a sign of real demand.
- High net margins (30.7%) point to pricing power or efficiency.
- Healthy free-cash-flow yield (~8.5%) funds buybacks and dividends.
- A conservative balance sheet (debt/equity 0.4x) lowers risk.
- Pays a 2.7% dividend on top of any price gains.
- Our model's overall read is Strong (84/100).
The case against MTB:
- Like any single stock, it is exposed to competition, the economic cycle, and shifts in its end markets.
Market risk — sector rotation, the economic cycle, and broad sentiment move the stock regardless of fundamentals.
On balance, the fundamentals screen favourably: M&T Bank is a large-cap financials business still growing nicely, with solid profitability, and a sound balance sheet. It trades at 12.5x earnings, which our model scores Strong (84/100). Weigh this against your own goals and time horizon — this is educational information, not a recommendation.
Analyst Ratings
What 24 Wall Street analysts covering MTB recommend (August 2026). Consensus is a useful sanity check — not a substitute for your own homework.
Analysts have turned more cautious over the last three months (-11 pts of buy ratings).
Latest SEC Filings
MTB's most recent filings, straight from SEC EDGAR. Annual and quarterly reports are the deep dives; 8-Ks flag material events the moment they happen.
In the Idea Lab
MTB — frequently asked questions
Is MTB a good stock to buy?
We don't give buy or sell advice. Our model rates M&T Bank Strong (84/100) based on its growth, profitability, financial health, and valuation — use that as a research starting point and make your own decision.
What is MTB's rating on The Stocks School?
M&T Bank currently scores 84/100 (Strong) on our transparent model, which weighs real fundamentals: growth, margins, returns on capital, balance-sheet strength, and valuation.
How our ratings work →Where does MTB's data come from?
Live price data plus real fundamentals and 5-year financials pulled directly from M&T Bank's SEC filings — refreshed automatically, not hand-entered.
How is the 5-year projection for MTB calculated?
It's a scenario model: it grows revenue at an assumed rate, applies a profit margin and a valuation multiple, and shows the resulting share-price range. The assumptions are yours to change — it's a tool for thinking, not a prediction.
Is this MTB analysis financial advice?
No. Everything on this page is educational research, not financial advice or a recommendation to buy or sell MTB. Always do your own research and consider a licensed professional.
Data notice. Fundamentals and financial statements are sourced from company filings (SEC EDGAR) and market-data providers; prices and market caps refresh on trading days and may be delayed. Ratings, projections, technical signals, and written summaries are model- or rule-generated for education and may simplify or lag the latest filings.
Not advice. Nothing on this page is investment advice or a recommendation to buy, hold, or sell any security. Do your own research and consult a licensed financial professional before investing.