# M&T Bank Corporation (MTB) fundamentals

Data as of 2026-09-08. NYSE, United States. Sector: Financial Services / Banks. Price $239.84, market value $34.6 billion.

## Valuation
- **P/E (trailing): 12.7×** (5-yr avg 10.6×, 3-yr avg 10.7×). M&T Bank Corporation trades at 12.7× trailing earnings, close to its own five-year average of 10.6×. The Financial Services median in the September 2026 study was 13.1×. Forward P/E is 11.4×, lower than trailing, so analysts expect earnings to grow.
- **PEG: 0.71**. A PEG of 0.71 means the P/E is low relative to expected earnings growth: the market is not paying much for that growth.
- **Price / sales: 20.3×**. Each dollar of revenue is priced at 20.3×, a level that requires very high margins or very fast growth to justify.
- **Price / book: 1.4×**. The shares trade at 1.4× book value; book value is a meaningful part of the valuation.
- **Earnings yield: 7.9%**. The inverse of the P/E: 7.9% of the price is earned each year.

## Profitability
- **Net margin: 172.1%**. 172.1% of each dollar of sales reaches the bottom line.
- **Return on equity: 9.8%**. 9.8% on shareholders' equity is weak; the business earns little on the capital its owners have in it.
- **Return on assets: 1.4%**. Each dollar of assets produces 1.4% of profit; low single digits are normal for banks and insurers.

## Growth
- **Revenue growth (1 yr): 7.5%** (3-yr 2.8%/yr, 5-yr -22.6%/yr). Revenue grew 7.5% over the last year, against -22.6% a year compounded over five years: growth is accelerating.
- **EPS growth (1 yr): 16.1%** (3-yr 13.8%/yr, 5-yr 11.3%/yr). Earnings per share rose 16.1%, faster than revenue, so margins expanded or the share count shrank.

## Financial health
- **Piotroski F-score: 7/9**. 7 of 9 fundamental checks pass: strong and improving financials.

## Dividends
- **Dividend yield: 2.50%** ($6.00 per share, trailing). M&T Bank Corporation yields 2.50%, a modest yield more typical of a growth-oriented payer.
- **Payout ratio: 32%**. 32% of earnings goes out as dividends, leaving room to keep raising it.
- **Consecutive years of increases: 26**. 26 straight years of increases (the data covers 26 years, so this may be longer): a record very few companies hold.
- **Dividend growth (5 yr): 5.3%/yr** (1-yr 6.5%). The dividend has grown 5.3% a year over five years.

## Analyst view
- **Analyst consensus: hold** (18 analysts). 18 analysts cover M&T Bank Corporation; the consensus is hold, with an average price target of $257.25 (+7% from the current price). Analyst opinion is shown for context; it is not part of the Fundamental Score.

## Price and momentum
- **Total return (1 yr): 21.1%** (YTD 20.7%, 3-mo 7.8%). The shares are up 21.1% over twelve months including dividends.
- **From 52-week high: -6.3%** (37.2% above the low). Trading 6% below its 52-week high.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 46**. An RSI of 46 is neutral.
- **Beta (1 yr): 0.64** (volatility 22%). Beta of 0.64 against the S&P 500: the shares move much less than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=MTB · Page: https://foliofundamentals.com/stocks/mtb

Not investment advice.