M&T Bank delivered slightly disappointing results in the third quarter, with the bank's net interest income flat sequentially while net interest margin declined by 5 basis points. Shares traded down by low single digits following the release.
M&T is working on driving more revenue growth from cross-selling fee income. We think the bank has deep relationships with its clients, and further success here could drive higher profitability.
M&T Bank’s size is much smaller than super-regional bank competitors and money center banks, which could see it struggle to keep up with technology investments as scale grows increasingly important.
|
Metric
|
MTB
|
PNC
|
HBAN
|
|---|---|---|---|
Price/Earnings (Normalized) | 11.77 | 13.12 | 11.86 |
Price/Book Value | 1.28 | 1.49 | 1.10 |
Price/Sales | 3.36 | 3.71 | 2.94 |
Price/Cash Flow | 8.61 | 8.48 | 9.01 |
|
Metric
|
MTB
|
PNC
|
HBAN
|
|---|---|---|---|
Quick Ratio | — | — | — |
Current Ratio | — | — | — |
Interest Coverage | — | — | — |
|
Metric
|
MTB
|
PNC
|
HBAN
|
|---|---|---|---|
Return on Assets (Normalized) | 1.39% | 1.27% | 1.07% |
Return on Equity (Normalized) | 11.42% | 12.45% | 10.62% |
Return on Invested Capital (Normalized) | — | — | — |
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1-Day Chart
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Name
|
Price
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
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United States