Stock Analysis
M&T Bank Corp.MTB
P/E 10.25×· 5Y range 6.02–19.22×· 25th percentile of history
Sector: Financial Services · Industry: State Commercial Banks
AnalystsHold24 analystsP/E 10.3× sits at the 25th percentile of its 5.086926762491444-year history.
Cash covers 93% of debt · Q2 2026.
PMP Verdict
Mixed fundamentals, fairly valued
Strengths
- Profitability74
- Quality60
Risks
- Financial Health26
Mixed picture — no clear quality or value edge.
Market context
-1.5% today· Z 1.6σ· RVOL 2.0×· MTB dropped 2.43% despite beating Q3 earnings estimates with $775M net income.
Bull Case
- ✓Revenue CAGR 69.1% — durable top-line growth
What's happening with MTB
Profile
Strong valuation; financial health lags behind.
How is each axis scored?
- Valuation90/100 · Strong
- P/E vs own history (25th pct)20/25
- FCF yield (11.6%)25/25
- P/S (2.3x)20/25
- EV/EBIT (8.8x)25/25
- Growth57/100 · Moderate
- Revenue CAGR (69.1%)25/25
- Net income CAGR (11.3%)20/25
- EPS CAGR 5Y (6.8%)12/25
- Fwd implied growth (-5.2%)0/25
- Profitability74/100 · Moderate
- ROIC (10.0%)12/25
- ROE (10.9%)12/25
- Net margin (22.7%)25/25
- Operating margin (27.7%)25/25
- Financial Health26/100 · Weak
- Altman Z (0.17)3/25
- Current ratio (n/a)0/25
- Interest coverage (0.7x)3/25
- Net cash / debt (D/A 1%)20/25
- Quality60/100 · Moderate
- Piotroski F (6/9)15/25
- Beneish M (-2.50)20/25
- FCF conversion (119%)25/25
- Margin stability (σ 75.3%)0/25
- Moat50/100 · Moderate
- ROIC >12% years (1/9 yrs)0/25
- Median gross margin (n/a)0/25
- FCF-positive years (5/5 yrs)25/25
- Worst-year net margin (worst 19.2%)25/25
Risk Flags
- ⚠Altman Z 0.2 — distress-zone balance sheet
- ⚠Interest coverage 0.7× — thin debt cushion
About M&T Bank Corp.
M&T Bank is a US regional bank with around $215 billion in assets as of the end of the first quarter of 2026. Show more
Headquartered in Buffalo, New York, the bank's footprint is mostly concentrated in New England and the US Mid-Atlantic. M&T Bank boasts a community banking approach, and boasts over 900 branches in 13 states and Washington, D.C. Apart from retail and commercial banking, M&T Bank also has wealth management operations through Wilmington Trust and a partnership with LPL Financial, and a corporate trust business.
Headquarters: BUFFALO, NY · Employees: 21,662 · Website ↗
Price History
Weekly Candlestick Chart — up to 5Y
Key Metrics
Financial snapshot · Tap any metric for its definition and grade
TTM Snapshot
trailing twelve months · YoYValuation
90A+P/E (TTM)10.3xA
Grade A: CheapPrice / TTM EPS (own statements) — vs own 5Y history: 6.0x–19.2x · 25th pct
P/FCF8.8xA
Grade A: CheapPrice / Free Cash Flow per share (Finnhub). Inverse of FCF yield — negative when FCF is negative
FCF Yield11.6%A
Grade A: ValueTTM (OCF − CapEx) / Market Cap — vs own 5Y history: 6.8%–21.0% · 35th pct
P/S (TTM)2.33xB
Grade B: FairPrice / TTM Revenue (own statements) — vs own 5Y history: 1.6x–43.7x · 27th pct
EV/EBIT8.8xA
Grade A: CheapEnterprise value / TTM EBIT (D&A not in our data) — capital-structure neutral — vs own 5Y history: 7.0x–29.2x · 17th pct
EV/Sales—
Enterprise Value / TTM Revenue (Finnhub) — capital-structure neutral sales multiple
Forward P/E10.8xA
Grade A: CheapPrice / next-year EPS estimate — shows whether the TTM multiple is rich or just front-loading growth
P/B Ratio1.11xA
Grade A: FairPrice to Book Value. Neg. equity = heavy buybacks
PEG Ratio1.05B
Grade B: FairFinnhub PEG — their P/E basis ÷ expected EPS growth. Suppressed when their P/E diverges >2× from our TTM P/E (different basis)
Dividend Yield3.38%A
Grade A: PaysTTM dividend yield (Finnhub) — annual dividends / price. None = no dividend; very high yield can signal distress
Payout Ratio35.2%A
Grade A: SafeDividends / Net Income (Finnhub) — share of earnings paid out; >90% or negative = unsustainable
Profitability
74B+ROIC10.0%C
Grade C: AverageNOPAT (EBIT less ~21% tax) / invested capital (equity + debt − cash). Flagship quality metric — durable >15% signals a moat
ROE10.9%C
Grade C: AverageReturn on Equity. Neg. equity = heavy buybacks
ROA1.4%D
Grade D: WeakReturn on Assets (Finnhub) — Net Income / Total Assets; how efficiently assets produce profit
Net Margin22.7%A
Grade A: HighNet Income / Revenue
Operating Margin27.7%A
Grade A: HighTTM EBIT / TTM Revenue
Gross Margin—
Gross Profit / Revenue
FCF Margin26.9%A
Grade A: HighFCF / Revenue
True FCF Margin26.9%A
Grade A: HighTTM (OCF − CapEx − SBC) / TTM Revenue — SBC treated as a real cost
Growth
57CRevenue CAGR69.1%A
Grade A: HighCompound annual revenue growth (up to 5Y depending on data availability)
Net Income CAGR11.3%C
Grade C: OkCompound annual net income growth (up to 5Y depending on data availability)
EPS CAGR (5Y)6.8%C
Grade C: OkCompound annual EPS growth over up to 5Y of per-share earnings (own statements). Null when either endpoint EPS ≤ 0
Implied EPS Growth-5.2%D
Grade D: Decl.Analyst forward EPS (normalized basis) vs our GAAP TTM EPS — different bases, so extreme values usually mark cyclically depressed TTM earnings, not real growth
Dilution (5Y)+12.2%D
Grade D: DilutiveShare count change over 5Y
SBC / Net Income—
Stock-based comp/Net income. >30% = dilution risk
SBC / Revenue—
TTM stock-based comp / TTM Revenue
Financial Health
26EAltman Z-Score0.17D
Grade D: DistressBankruptcy risk. >3 Safe, <1.8 Distress
Current Ratio—
Current Assets/Liabilities
Quick Ratio—
(Current Assets − Inventory) / Current Liabilities (Finnhub) — stricter liquidity test, excludes inventory
Interest Coverage0.7xD
Grade D: RiskyEBIT/Interest. >10 Strong
Debt Repayment0.3yA
Grade A: FastYears to repay net debt via FCF
Net Debt/EBIT0.3xA
Grade A: LowLeverage. <2x Low, >4x High
Debt/Equity0.67xA
Grade A: LowDebt / Equity: <1 Conservative, >2 Risky. Not meaningful with non-positive equity; shown as unavailable rather than low debt.
Cash / Debt0.93xC
Grade C: PartialCash covers how much of total debt. >1 = could repay all debt from cash
Quality
60BPiotroski F-Score6/9C
Grade C: AverageFinancial strength 0–9. >7 Strong
Beneish M-Score-2.50A
Grade A: SafeEarnings manipulation risk. < -2.22 Safe
FCF Conversion118.5%A
Grade A: StrongFCF / Net Income
Margin Stability75.3%D
Grade D: VolatileEBIT margin std deviation. Lower = stable
Capex / Revenue1.6%A
Grade A: Asset-lightTTM CapEx / TTM Revenue — high % = capital-hungry business
Asset Turnover—
Revenue / Total Assets (Finnhub) — how efficiently the asset base generates sales
Insider Transactions
SEC Form 4 · 8 recordsP/S codes are the directional signal; grants, option exercises and tax withholding carry none. Form 4 doesn't flag 10b5-1 plans — scheduled sales may appear within open-market sells.
| Trade date | Insider | Transaction | Shares | Filed |
|---|---|---|---|---|
JONES RENE F Filed | JONES RENE F | Option exercise | -16770 | |
JONES RENE F Filed | JONES RENE F | SellOpen market sale | -19396 | |
JONES RENE F Filed | JONES RENE F | Tax withholding | -15101 | |
JONES RENE F Filed | JONES RENE F | Option exercise | +16.8K | |
Seseri Rudina Filed | Seseri Rudina | SellOpen market sale | -623 |
Show 3 more filingsShow fewer filings
| Trade date | Insider | Transaction | Shares | Filed |
|---|---|---|---|---|
Taylor John R. Filed | Taylor John R. | SellOpen market sale | -1217 | |
WALTERS KIRK W Filed | WALTERS KIRK W | SellOpen market sale | -9 | |
Ledgett Richard H. Jr. Filed | Ledgett Richard H. Jr. | SellOpen market sale | -855 |
Option exercise (M) rows report a derivative leg, not an open-market sale — a paired negative entry is the option position being consumed.
More metrics — Moat, Per Share, Balance Sheet, MarketHide additional metrics
Moat
50CROIC >12% Years1/9 yrsD
Grade D: WeakShare of completed fiscal years with ROIC > 12% — measures multi-year capital-return durability
Gross Margin (Med.)—
Median annual gross margin across available fiscal years — pricing-power durability
FCF-Positive Years5/5 yrsA
Grade A: DurableShare of completed fiscal years with positive free cash flow
Net Margin Floor19.2%A
Grade A: DurableWeakest annual net margin across completed fiscal years — recession/downcycle resilience
Per Share
EPS (TTM)$21.00
Own TTM net income / shares — same earnings basis as P/E
Cash / Share$10.66
Cash & short-term investments per share (Finnhub)
Book Value / Share$192.82
Shareholders' equity per share (Finnhub). Negative = accumulated losses / heavy buybacks
Balance Sheet
Total Debt$18.68B
Total debt obligations (short + long term)
Cash & Equiv.$17.44B
Cash and short-term investments
Net Debt$1.25B
Total Debt minus Cash. Negative = Net Cash position
Total Equity$27.95B
Shareholders' equity (book value)
Asset / Liability—
Total Assets / Total Liabilities
Market
Market Cap$31.09B
Current Market Capitalization
Beta0.67B
Grade B: DefensivePrice sensitivity vs the market (Finnhub) — 1.0 moves with market, >1.2 amplifies swings
How grades work: each metric is graded A–D against fixed thresholds (tap a row for the meaning). Card grades map the pillar score to A+–E — a card grade is that pillar's own score, not an average of the rows shown.
Financials as of Jun 2026 · Ratio snapshot Oct 17, 2026
Key Insights: M&T Bank Corp. (MTB)
MTB is down 1.54% at the last close — MTB dropped 2.43% despite beating Q3 earnings estimates with $775M net income.. Piotroski F-Score of 6/9 indicates mixed fundamentals for M&T Bank Corp.. Altman Z-Score of 0.17 is below the 1.81 distress threshold — an elevated financial-risk flag. Beneish M-Score of -2.50 suggests a low likelihood of earnings manipulation. Revenue has compounded at roughly 69% annually, with net income growing about 11% per year — a strong growth profile.
- M&T Bank Corp. converts about 27% of revenue into free cash flow — strong cash generation.
- Takes ~0.3 years to repay net debt from free cash flow.
- Interest coverage of 0.7× leaves little room for earnings shocks.
- At a valuation score of 90/100, MTB trades near the cheapest end of its own historical range (P/E 10.3).
- The stock currently yields 3.4% in dividends.
See how MTB ranks on the Capex Tracker — top 50 capital spenders compared.
Earnings
View earnings calendar →Recent Earnings Results
| Date | Time | EPS Est. | EPS Actual | Surprise | Rev Est. | Rev Actual |
|---|---|---|---|---|---|---|
| Oct 16, 2026 | TBD | $5.00 | — | — | $2.6B | — |
Recent Market Moves
See all MTB moves →| Date | Session | Price | Move | Z-Score |
|---|---|---|---|---|
| Oct 15 | Regular | 219.39 | +1.54% | 2.17 |
| Oct 15 | After-hours | 220.80 | +2.20% | 2.96 |
Frequently Asked Questions about MTB
What is the current M&T Bank Corp. (MTB) stock price?
MTB is trading at $215.28 at the last market close, down 1.54% on the session. PreMarketPrice tracks MTB pre-market, intraday and after-hours prices.
Is MTB stock a buy right now?
PreMarketPrice's quantitative model rates M&T Bank Corp.'s financial health at 26/100. This is a data-driven snapshot of fundamentals, not investment advice.
Is MTB stock overvalued?
M&T Bank Corp. trades at a trailing P/E of 10.3 and our valuation score rates it 90/100 (higher = cheaper vs. its own history). See the Valuation History and Key Metrics sections for forward P/E, EV/EBITDA and PEG context.
When does M&T Bank Corp. report earnings?
No confirmed earnings date is currently scheduled for MTB. The Earnings section lists recent reports and updates as dates are announced.
What sector does M&T Bank Corp. operate in?
M&T Bank Corp. operates in the Financial Services sector, within the State Commercial Banks industry. The Related Stocks section lists sector peers for comparison.
What does M&T Bank Corp. do?
M&T Bank is a US regional bank with around $215 billion in assets as of the end of the first quarter of 2026.
About M&T Bank Corp. (MTB) Stock
M&T Bank Corp. (MTB) is a US-listed stock operating in the Financial Services sector, specifically the State Commercial Banks industry. As of the latest update, M&T Bank Corp. is trading at $215.28, down 1.54% on the day with a market capitalization of $31.1 billion. The financial health score for MTB is 26/100, which indicates poor financial strength based on profitability, leverage, liquidity, and growth metrics. This page provides real-time pre-market pricing, earnings calendar, financial health analysis, and valuation metrics for MTB stock.
MTB Stock Analysis & Key Metrics
On PreMarketPrice, you can track M&T Bank Corp. (MTB) across multiple dimensions:
- Pre-market price & movement: Real-time MTB stock price with percentage change, updated continuously during pre-market and regular trading hours.
- Earnings calendar: Upcoming and past earnings reports for MTB, including EPS estimates, actual results, and surprise percentages.
- Valuation & P/E history: Historical P/E, P/S, and P/B ratios for MTB with trend analysis and normalized valuation multiples.
- Financial statements: Revenue, net income, assets, liabilities, and equity for M&T Bank Corp. across multiple reporting periods.
- Financial health score: A composite score of 26/100 based on Altman Z-Score, Piotroski F-Score, profitability, and leverage metrics for MTB.
- Sector peers: Compare MTB against 6 other financial services stocks on key financial metrics.
Is MTB a Good Stock to Buy?
This page provides data-driven analysis to help you evaluate M&T Bank Corp. (MTB) as an investment. The financial health score of 26/100 suggests poor financial fundamentals. Valuation metrics show whether the stock is trading above or below its historical average. Earnings data reveals whether the company is meeting or beating analyst expectations.However, this is not financial advice — always do your own research before investing.
Data on this page is sourced from real-time market feeds, Polygon.io, and Finnhub.M&T Bank Corp. (MTB) trades on NYSE. Pre-market trading occurs 4:00 AM – 9:30 AM ET. Regular market hours are 9:30 AM – 4:00 PM ET.