(MTB) M&T Bank - Ratings and Ratios

Exchange: NYSE • Country: United States • Currency: USD • Type: Common Stock • ISIN: US55261F1049

Loans, Deposits, Credit Cards, Trust Services, Wealth Management

MTB EPS (Earnings per Share)

EPS (Earnings per Share) of MTB over the last years for every Quarter: "2020-09": 2.75, "2020-12": 3.52, "2021-03": 3.39, "2021-06": 3.41, "2021-09": 3.69, "2021-12": 3.37, "2022-03": 2.62, "2022-06": 1.08, "2022-09": 3.53, "2022-12": 4.29, "2023-03": 4.01, "2023-06": 5.05, "2023-09": 3.98, "2023-12": 3.61, "2024-03": 3.86, "2024-06": 3.73, "2024-09": 4.03, "2024-12": 3.77, "2025-03": 3.32, "2025-06": 4.24, "2025-09": 4.8113,

MTB Revenue

Revenue of MTB over the last years for every Quarter: 2020-09: 1521.722, 2020-12: 1590.14, 2021-03: 1522.56, 2021-06: 1483.991, 2021-09: 1562.072, 2021-12: 1537.155, 2022-03: 1469.143, 2022-06: 2036.242, 2022-09: 2344.592, 2022-12: 2753.746, 2023-03: 2894, 2023-06: 3319, 2023-09: 3201, 2023-12: 3298.106, 2024-03: 3300, 2024-06: 3373, 2024-09: 3391, 2024-12: 3341, 2025-03: 3171, 2025-06: 3292, 2025-09: 2513,
Risk via 10d forecast
Volatility 28.2%
Value at Risk 5%th 43.5%
Reward
Sharpe Ratio -0.31
Alpha -22.37
Character
Hurst Exponent 0.552
Beta 0.607
Drawdowns 3y
Max DD 34.37%
Mean DD 14.65%

Description: MTB M&T Bank October 14, 2025

M&T Bank Corporation (NYSE:MTB) is a bank holding company that owns Manufacturers and Traders Trust Company and Wilmington Trust, National Association. It delivers a broad suite of retail and commercial banking products across the United States, ranging from deposit accounts and consumer loans to commercial real-estate financing and treasury services.

The firm operates through three primary segments: Commercial Bank, Retail Bank, and Institutional Services & Wealth Management. The Commercial Bank focuses on middle-market and large corporate clients with offerings such as commercial loans, leasing, letters of credit, and cash-management solutions. The Retail Bank serves individuals and small businesses via demand-deposit accounts, mortgages, auto and home-equity loans, credit cards, and a network of branches, ATMs, and digital channels. Institutional Services & Wealth Management provides trustee, fiduciary, investment-management, brokerage, and family-office services, as well as mutual-fund and annuity products for corporate and high-net-worth clients.

Recent financial indicators suggest the bank is maintaining solid profitability despite a challenging rate environment. As of Q3 2024, MTB reported a net interest margin of 3.55% (up 5 bps YoY) and loan growth of 4.2% year-over-year, driven largely by commercial-real-estate and small-business portfolios. The efficiency ratio improved to 58.1%, reflecting tighter cost control, while the return on equity (ROE) stood at 12.8%, in line with the upper quartile of the Regional Banks sub-industry.

Key macro-economic drivers for MTB include the Federal Reserve’s policy stance, which influences net interest income, and regional economic health in the Northeast and Mid-Atlantic, where the bank has a concentrated footprint. Credit-quality trends-particularly delinquencies in commercial-real-estate loans-remain a material risk, but the bank’s diversified loan mix and strong capital ratios (Tier 1 capital ratio of 13.2%) provide a buffer against sector-wide stress.

For a deeper, data-driven assessment of MTB’s valuation dynamics, consider exploring the analytical tools available on ValueRay.

MTB Stock Overview

Market Cap in USD 28,932m
Sub-Industry Regional Banks
IPO / Inception 1991-10-04
Return 12m vs S&P 500 -21.7%
Analyst Rating 3.90 of 5

MTB Dividends

Dividend Yield 2.95%
Yield on Cost 5y 5.66%
Yield CAGR 5y 5.01%
Payout Consistency 96.7%
Payout Ratio 34.4%

MTB Growth Ratios

CAGR 7.96%
CAGR/Max DD Calmar Ratio 0.23
CAGR/Mean DD Pain Ratio 0.54
Current Volume 1131.3k
Average Volume 1187k

Piotroski VR‑10 (Strict, 0-10) 4.5

Net Income (2.77b TTM) > 0 and > 6% of Revenue (6% = 739.0m TTM)
FCFTA 0.02 (>2.0%) and ΔFCFTA 0.74pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)
NWC/Revenue -1028 % (prev -957.0%; Δ -71.37pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)
CFO/TA 0.02 (>3.0%) and CFO 4.16b > Net Income 2.77b (YES >=105%, WARN >=100%)
Net Debt (13.04b) to EBITDA (4.00b) ratio: 3.26 <= 3.0 (WARN <= 3.5)
Current Ratio 0.23 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)
Outstanding Shares last Quarter (156.6m) change vs 12m ago -6.57% (target <= -2.0% for YES)
Gross Margin 73.53% (prev 63.27%; Δ 10.26pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)
Asset Turnover 5.82% (prev 6.31%; Δ -0.49pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)
Interest Coverage Ratio 0.98 (EBITDA TTM 4.00b / Interest Expense TTM 3.66b) >= 6 (WARN >= 3)

Altman Z'' -3.26

(A) -0.60 = (Total Current Assets 38.81b - Total Current Liabilities 165.49b) / Total Assets 211.28b
(B) 0.12 = Retained Earnings (Balance) 26.33b / Total Assets 211.28b
(C) 0.02 = EBIT TTM 3.60b / Avg Total Assets 211.53b
(D) 0.15 = Book Value of Equity 26.70b / Total Liabilities 182.55b
Total Rating: -3.26 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 62.45

1. Piotroski 4.50pt = -0.50
2. FCF Yield 79.74% = 5.0
3. FCF Margin 33.05% = 7.50
4. Debt/Equity 0.52 = 2.37
5. Debt/Ebitda 3.26 = -2.09
6. ROIC - WACC (= -0.13)% = -0.16
7. RoE 9.62% = 0.80
8. Rev. Trend 2.04% = 0.15
9. EPS Trend -12.35% = -0.62

What is the price of MTB shares?

As of November 11, 2025, the stock is trading at USD 188.25 with a total of 1,131,300 shares traded.
Over the past week, the price has changed by +3.02%, over one month by +4.10%, over three months by +1.70% and over the past year by -9.79%.

Is M&T Bank a good stock to buy?

Neither. Based on ValueRay´s Fundamental Analyses, M&T Bank is currently (November 2025) neither a good nor a bad stock to buy. It has a ValueRay Fundamental Rating of 62.45 and therefor a neutral outlook according to the companies health.
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of MTB is around 182.24 USD . This means that MTB is currently overvalued and has a potential downside of -3.19%.

Is MTB a buy, sell or hold?

M&T Bank has received a consensus analysts rating of 3.90. Therefore, it is recommended to buy MTB.
  • Strong Buy: 9
  • Buy: 3
  • Hold: 8
  • Sell: 0
  • Strong Sell: 1

What are the forecasts/targets for the MTB price?

Issuer Target Up/Down from current
Wallstreet Target Price 217.9 15.8%
Analysts Target Price 217.9 15.8%
ValueRay Target Price 200.5 6.5%

MTB Fundamental Data Overview November 11, 2025

Market Cap USD = 28.93b (28.93b USD * 1.0 USD.USD)
P/E Trailing = 11.6132
P/E Forward = 10.1215
P/S = 3.1864
P/B = 1.0987
P/EG = 1.2976
Beta = 0.607
Revenue TTM = 12.32b USD
EBIT TTM = 3.60b USD
EBITDA TTM = 4.00b USD
Long Term Debt = 12.93b USD (from longTermDebt, last quarter)
Short Term Debt = 2.06b USD (from shortTermDebt, last quarter)
Debt = 14.99b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 13.04b USD (from netDebt column, last quarter)
Enterprise Value = 5.11b USD (28.93b + Debt 14.99b - CCE 38.81b)
Interest Coverage Ratio = 0.98 (Ebit TTM 3.60b / Interest Expense TTM 3.66b)
FCF Yield = 79.74% (FCF TTM 4.07b / Enterprise Value 5.11b)
FCF Margin = 33.05% (FCF TTM 4.07b / Revenue TTM 12.32b)
Net Margin = 22.51% (Net Income TTM 2.77b / Revenue TTM 12.32b)
Gross Margin = 73.53% ((Revenue TTM 12.32b - Cost of Revenue TTM 3.26b) / Revenue TTM)
Gross Margin QoQ = 95.03% (prev 68.99%)
Tobins Q-Ratio = 0.02 (Enterprise Value 5.11b / Total Assets 211.28b)
Interest Expense / Debt = 6.13% (Interest Expense 919.0m / Debt 14.99b)
Taxrate = 22.73% (233.0m / 1.02b)
NOPAT = 2.78b (EBIT 3.60b * (1 - 22.73%))
Current Ratio = 0.23 (Total Current Assets 38.81b / Total Current Liabilities 165.49b)
Debt / Equity = 0.52 (Debt 14.99b / totalStockholderEquity, last quarter 28.73b)
Debt / EBITDA = 3.26 (Net Debt 13.04b / EBITDA 4.00b)
Debt / FCF = 3.20 (Net Debt 13.04b / FCF TTM 4.07b)
Total Stockholder Equity = 28.82b (last 4 quarters mean from totalStockholderEquity)
RoA = 1.31% (Net Income 2.77b / Total Assets 211.28b)
RoE = 9.62% (Net Income TTM 2.77b / Total Stockholder Equity 28.82b)
RoCE = 8.63% (EBIT 3.60b / Capital Employed (Equity 28.82b + L.T.Debt 12.93b))
RoIC = 6.93% (NOPAT 2.78b / Invested Capital 40.15b)
WACC = 7.06% (E(28.93b)/V(43.92b) * Re(8.27%) + D(14.99b)/V(43.92b) * Rd(6.13%) * (1-Tc(0.23)))
Discount Rate = 8.27% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -33.33 | Cagr: -3.10%
[DCF Debug] Terminal Value 77.24% ; FCFE base≈3.45b ; Y1≈3.40b ; Y5≈3.49b
Fair Price DCF = 386.4 (DCF Value 59.38b / Shares Outstanding 153.7m; 5y FCF grow -2.43% → 3.0% )
EPS Correlation: -12.35 | EPS CAGR: 4.26% | SUE: 1.56 | # QB: 1
Revenue Correlation: 2.04 | Revenue CAGR: -3.27% | SUE: 0.06 | # QB: 0

Additional Sources for MTB Stock

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