Skip to Content
Morningstar

M&T Bank Corp MTB

Morningstar Rating
Unlock
Stock XNYS Rating as of
$151.13 +0.48 (0.32%)
View Full Chart
As of Cboe BZX Real-Time Price Open
Unlock our analysis with Morningstar Investor
Start Free Trial

Company Report

View Archive

Modestly Lowering Our Fair Value Estimate for M&T Bank as We Take Up Provisions

Rajiv Bhatia

M&T Bank is a midsize regional bank with operations throughout the Northeastern United States. The bank has a valuable commercial real estate franchise, with much of the rest of its business comprising other commercial-focused (as opposed to retail-focused) operations, although the bank does have retail operations. M&T has a history of good management, good underwriting, and deep on-the-ground relationships. The bank is a solid regional operator.

Read Full Report

Price vs Fair Value

View History
MTB is trading at a 360% premium.
Price
$150.66
Fair Value
$588.00
Uncertainty
High
1-Star Price
$644.00
5-Star Price
$67.00
Economic Moat
Zvmjwd
Capital Allocation
Zgvgmcnkp

Bulls Say, Bears Say

Bulls

The acquisition of People's United was done at a good price and should drive additional future growth, providing the bank a unique growth driver that many peers will not have.

Bears

Banks are tied to the economy and the interest-rate environment. If the economy falters and/or the rate environment is negative, bank earnings and shares will suffer.

Show More
Is it the right time to buy, sell, or hold?
Start a free trial of Morningstar Investor to unlock exclusive ratings and continuous analyst coverage to help you decide if MTB is a good fit for your portfolio.
Get 7 Days Free

News

View All

Trading Information

Previous Close Price
$150.65
Day Range
$150.60–151.67
52-Week Range
$108.53–156.57
Bid/Ask
$151.05 / $151.30
Market Cap
$25.22 Bil
Volume/Avg
10,890 / 999,517

Key Statistics

Price/Earnings (Normalized)
9.54
Price/Sales
2.77
Dividend Yield (Trailing)
3.48%
Dividend Yield (Forward)
3.61%
Total Yield
3.40%

Company Profile

M&T Bank is one of the largest regional banks in the United States, with branches in New York, Pennsylvania, West Virginia, Virginia, Maryland, Delaware, and New Jersey. The bank was founded to serve manufacturing and trading businesses around the Erie Canal and is primarily focused on commercial real estate and commercial-related lending, with some retail operations also present.
Sector
Financial Services
Industry
Banks - Regional
Stock Style Box
Mid Value
Total Number of Employees
21,927
Website
https://www3.mtb.com

Competitors

Valuation

View More
Metric
MTB
PNC
TFC
Price/Earnings (Normalized)
 9.5411.3310.89
Price/Book Value
 1.021.180.98
Price/Sales
 2.772.902.31
Price/Cash Flow
 7.368.256.41
Price/Earnings
MTB
PNC
TFC

Financial Strength

Metric
MTB
PNC
TFC
Quick Ratio
 ———
Current Ratio
 ———
Interest Coverage
 ———
Quick Ratio
No chart available

Profitability

Metric
MTB
PNC
TFC
Return on Assets (Normalized)
 1.25%1.13%0.96%
Return on Equity (Normalized)
 10.78%14.50%9.72%
Return on Invested Capital (Normalized)
 ———
Return on Assets
MTB
PNC
TFC
See how this stock stacks up to its competitors with Morningstar Investor
Start Free Trial

Banks - Regional Industry Comparables

Screen in Investor
Ticker
Name
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
BNPQY
BNP Paribas ADRXqglgrrrCmfy$82.3 Bil
ISNPY
Intesa Sanpaolo ADRThhbwftlFqm$70.6 Bil
USB
U.S. BancorpCmkwjszrwYjt$63.2 Bil
PNC
PNC Financial Services Group IncFxpxbvxsNkkgc$61.4 Bil
ITUB
Itau Unibanco Holding SA ADRJsznnhmpmXdwhp$56.0 Bil
TFC
Truist Financial CorpTjyyjswKshxcm$51.4 Bil
MFG
Mizuho Financial Group Inc ADRSkdqrwjyTsrj$51.1 Bil
LYG
Lloyds Banking Group PLC ADRXfczzztJkvpgy$43.9 Bil
NWG
NatWest Group PLC ADRTvzkQgmk$34.1 Bil
DB
Deutsche Bank AGHldbVdfdf$33.6 Bil

Sponsor Center