(MTB) M&T Bank - Ratings and Ratios
Loans, Deposits, Credit Cards, Trust Services, Wealth Management
EPS (Earnings per Share)
Revenue
| Risk via 10d forecast | |
|---|---|
| Volatility | 28.7% |
| Value at Risk 5%th | 44.7% |
| Relative Tail Risk | -5.30% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | -0.40 |
| Alpha | -21.87 |
| Character TTM | |
|---|---|
| Hurst Exponent | 0.524 |
| Beta | 0.959 |
| Beta Downside | 1.154 |
| Drawdowns 3y | |
|---|---|
| Max DD | 34.01% |
| Mean DD | 14.57% |
| Median DD | 14.07% |
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 | 29,472m |
| 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
| Metric | Value |
|---|---|
| Dividend Yield | 2.94% |
| Yield on Cost 5y | 5.48% |
| Yield CAGR 5y | 5.01% |
| Payout Consistency | 94.5% |
| Payout Ratio | 35.3% |
MTB Growth Ratios
| Metric | Value |
|---|---|
| CAGR 3y | 7.24% |
| CAGR/Max DD Calmar Ratio | 0.21 |
| CAGR/Mean DD Pain Ratio | 0.50 |
| Current Volume | 671.1k |
| Average Volume | 879.9k |
Piotroski VR‑10 (Strict, 0-10) 5.0
| 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 -1035 % (prev -957.0%; Δ -78.37pp) (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 (-3.71b) to EBITDA (4.00b) ratio: -0.93 <= 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'' -3.41
| (A) -0.60 = (Total Current Assets 37.95b - Total Current Liabilities 165.49b) / Total Assets 211.28b |
| (B) 0.10 = Retained Earnings (Balance) 20.39b / Total Assets 211.28b |
| (C) 0.02 = EBIT TTM 3.60b / Avg Total Assets 211.53b |
| (D) 0.11 = Book Value of Equity 20.76b / Total Liabilities 182.55b |
| Total Rating: -3.41 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 66.46
| 1. Piotroski 5.0pt |
| 2. FCF Yield 62.56% |
| 3. FCF Margin 33.05% |
| 4. Debt/Equity 0.52 |
| 5. Debt/Ebitda -0.93 |
| 6. ROIC - WACC (= -0.99)% |
| 7. RoE 9.62% |
| 8. Rev. Trend 2.04% |
| 9. EPS Trend -12.35% |
What is the price of MTB shares?
Over the past week, the price has changed by +4.16%, over one month by +4.15%, over three months by -3.97% and over the past year by -12.59%.
Is MTB a buy, sell or hold?
- 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 | 15.6% |
| Analysts Target Price | 217.9 | 15.6% |
| ValueRay Target Price | 193.1 | 2.4% |
MTB Fundamental Data Overview November 24, 2025
P/E Trailing = 11.642
P/E Forward = 10.142
P/S = 3.2459
P/B = 1.1007
P/EG = 1.3
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 = -3.71b USD (from netDebt column, last quarter)
Enterprise Value = 6.51b USD (29.47b + Debt 14.99b - CCE 37.95b)
Interest Coverage Ratio = 0.98 (Ebit TTM 3.60b / Interest Expense TTM 3.66b)
FCF Yield = 62.56% (FCF TTM 4.07b / Enterprise Value 6.51b)
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 = 0.03 (Enterprise Value 6.51b / 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 37.95b / Total Current Liabilities 165.49b)
Debt / Equity = 0.52 (Debt 14.99b / totalStockholderEquity, last quarter 28.73b)
Debt / EBITDA = -0.93 (Net Debt -3.71b / EBITDA 4.00b)
Debt / FCF = -0.91 (Net Debt -3.71b / 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 = 7.93% (E(29.47b)/V(44.46b) * Re(9.55%) + D(14.99b)/V(44.46b) * Rd(6.13%) * (1-Tc(0.23)))
Discount Rate = 9.55% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -33.33 | Cagr: -3.10%
[DCF Debug] Terminal Value 72.70% ; FCFE base≈3.45b ; Y1≈3.40b ; Y5≈3.49b
Fair Price DCF = 311.5 (DCF Value 47.87b / 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
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle