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MTBM&T Bank Corporation
$239.75$35.1B
Overview & Verdict
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MTB logoM&T Bank Corporation(MTB)Earnings, Financials & Key Ratios

MTB•NYSE•Banking & Credit
$239.75
14.1× P/E·Price updated Jul 7, 2026
SectorFinancial ServicesIndustryRegional BanksSub-IndustryBanks with large fee businesses
AboutM&T Bank Corporation operates as a bank holding company that provides commercial and retail banking services. The company's Business Banking segment offers deposit, lending, cash management, and other financial services to small businesses and professionals. Its Commercial Banking segment provides deposit products, commercial lending and leasing, letters of credit, and cash management services for middle-market and large commercial customers. The company's Commercial Real Estate segment originates, sells, and services commercial real estate loans; and offers deposit services. Its Discretionary Portfolio segment provides deposits; securities, residential real estate loans, and other assets; and short and long term borrowed funds, as well as foreign exchange services. The company's Residential Mortgage Banking segment offers residential real estate loans for consumers and sells those loans in the secondary market; and purchases servicing rights to loans originated by other entities. Its Retail Banking segment offers demand, savings, and time accounts; consumer installment loans, automobile and recreational finance loans, home equity loans and lines of credit, and credit cards; mutual funds and annuities; and other services. The company also provides trust and wealth management; fiduciary and custodial; insurance agency; institutional brokerage and securities; and investment management services. It offers its services through banking offices, business banking centers, telephone and internet banking, and automated teller machines. As of December 31, 2021, the company operates 688 domestic banking offices in New York State, Maryland, New Jersey, Pennsylvania, Delaware, Connecticut, Virginia, West Virginia, and the District of Columbia; and a full-service commercial banking office in Ontario, Canada. M&T Bank Corporation was founded in 1856 and is headquartered in Buffalo, New York.Show more
  • Net Interest Income$6.95B+1.4%
  • Total Revenue$12.31B-8.2%
  • Net Income$2.85B+10.2%
  • Return on Equity9.8%+6.0%
  • Net Interest Margin3.25%-1.2%
  • Efficiency Ratio44.63%+12.6%
  • ROA1.35%+8.8%
  • Equity / Assets13.67%-2.0%
  • Book Value per Share186.37+7.4%

MTB Price & Volume

M&T Bank Corporation (MTB) stock price & volume — 10-year historical chart

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Stagnant Net Interest Income Masks Integration Volatility

Investment Thesis • Updated 2026Q1

VerdictNeutral
Growth:Stable
Profitability:Moderate
Financial:Healthy
Cash Flow:Mixed
Primary Risk:CRE portfolio concentration

Key Thesis Takeaways

  • M&T Bank demonstrates a conservative capital management strategy, evidenced by a consistent equity-to-assets ratio of 13% to 14% that supports ongoing shareholder returns despite integration-related operational friction.
  • While the bank maintains a stable foundation, investors should monitor the persistent stagnation of net interest income, which has remained range-bound between $1.7B and $1.8B over the last ten quarters.
  • Furthermore, the significant volatility in provision expenses, including a $794 million negative provision in 2025Q3, warrants caution regarding the underlying credit quality of the bank's commercial real estate portfolio.

Verdict Logic

while the bank maintains a solid equity-to-assets ratio of 13%, the lack of net interest income growth and the volatility in credit provisioning suggest that the current 13.96 P/E TTM may not fully account for ongoing integration and credit risks.

MTB Growth Metrics

M&T Bank Corporation (MTB) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years9.44%
5 Years14.4%
3 Years13.41%
TTM-

Profit CAGR

10 Years10.2%
5 Years16.07%
3 Years12.69%
TTM10.98%

EPS CAGR

10 Years9%
5 Years11.33%
3 Years13.82%
TTM20.36%

Return on Capital

10 Years9.77%
5 Years10%
3 Years9.33%
Last Year8.58%

MTB Recent Earnings

M&T Bank Corporation (MTB) EPS & revenue vs analyst estimates — last 4 quarters

Full history →
●Beat EPS 10/12 qtrs (83%)●Beat Revenue 9/12 qtrs (75%)
Q2 2026Latest
Apr 15, 2026
Metric
Actual
Est
EPS
$4.18+4.0%
$4.02
Rev
$2.4B+0.4%
$2.4B
Q1 2026
Jan 16, 2026
Metric
Actual
Est
EPS
$4.67+4.2%
$4.48
Rev
$2.5B+0.1%
$2.5B
Q4 2025
Oct 16, 2025
Metric
Actual
Est
EPS
$4.87+9.9%
$4.43
Rev
$2.5B+3.0%
$2.4B
Q3 2025
Jul 16, 2025
Metric
Actual
Est
EPS
$4.28+7.3%
$3.99
Rev
$2.4B+0.3%
$2.4B
QuarterDateEPS (Act vs Est)Revenue (Act vs Est)
Q2 2026LatestApr 15, 2026
$4.18vs $4.02+4.0%
$2.4Bvs $2.4B+0.4%
Q1 2026Jan 16, 2026
$4.67vs $4.48+4.2%
$2.5Bvs $2.5B+0.1%
Q4 2025Oct 16, 2025
$4.87vs $4.43+9.9%
$2.5Bvs $2.4B+3.0%
Q3 2025Jul 16, 2025
$4.28vs $3.99+7.3%
$2.4Bvs $2.4B+0.3%
Based on last 12 quarters of dataView full earnings history →

Latest MTB News

Recent stock market news and headlines for M&T Bank Corporation (MTB)

Zacks Investment Research·Jun 26, 2026
M&T Bank Corporation (MTB) is a Top Dividend Stock Right Now: Should You Buy?

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does M&T Bank (MTB) have what it takes?

PRNewsWire·Jun 23, 2026
M&T Bank Names Krista Phillips Delaware Regional President

Chief Customer and Transformation Officer to oversee growth and community engagement across Delaware BUFFALO, N.Y., June 23, 2026 /PRNewswire/ -- M&T Bank (NYSE: MTB) today announced the appointment of Krista Phillips as its Delaware regional president, effective July 1, 2026.

Business Wire·Jun 23, 2026
Solar Landscape Closes Oversubscribed $125 Million Revolving Credit Facility Led by M&T Bank

ASBURY PARK, N.J.--(BUSINESS WIRE)--Solar Landscape, the nation's leading platform for distributed energy infrastructure built on commercial real estate, today announced the closing of an oversubscribed $125 million revolving credit facility led by M&T Bank (NYSE:MTB), with participation from Flagstar Bank, Atlantic Union Bank, and Valley Bank. The facility expands an existing relationship between Solar Landscape and M&T Bank, which originally provided the company's revolving working ca.

Zacks Investment Research·Jun 18, 2026
Fed Holds Rates But Signals Hike: Key Takeaways for Bank Investors

JPM, BAC and others face a two-sided Fed setup: higher rates may lift NII, but funding costs, credit risk and securities pressures could rise.

PRNewsWire·Jun 17, 2026
M&T Bank Corporation Announces Second Quarter 2026 Earnings Release and Conference Call

BUFFALO, N.Y., June 17, 2026 /PRNewswire/ -- M&T Bank Corporation ("M&T") (NYSE:MTB) will announce its second quarter 2026 earnings results in a press release that will be issued before the market opens on Wednesday, July 15, 2026.

Peers Comparison

Key metrics vs top competitors for M&T Bank Corporation (MTB)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
MTB logoMTBM&T Bank CorporationCurrent
$239.75$35.11B14.10-8.18%23.16%9.8%2.4%
CFG logoCFGCitizens Financial Group, Inc.
$71.78$30.35B18.60-9.71%17.51%7.63%—
HBAN logoHBANHuntington Bancshares Incorporated
$18.01$36.51B12.964.38%16.63%8.81%—
RF logoRFRegions Financial Corporation
$30.59$26.1B13.362.51%23.13%11.75%—
KEY logoKEYKeyCorp
$23.37$25.34B15.3823.56%17.35%9.74%—
FITB logoFITBFifth Third Bancorp
$57.92$52.49B16.36-1.4%15.91%8.86%—

Compare MTB vs Peers

M&T Bank Corporation (MTB) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs CFG

Most directly comparable listed peer for MTB.

Scale Benchmark

vs JPM

Larger-name benchmark to compare MTB against a more recognizable public peer.

Peer Set

Compare Top 5

vs CFG, HBAN, RF, KEY

MTB SEC Filings & Documents

M&T Bank Corporation (MTB) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Jun 16, 2026·SEC

Material company update

May 1, 2026·SEC

Material company update

Apr 23, 2026·SEC

10-K Annual Reports

2
FY 2026

Feb 18, 2026·SEC

FY 2025

Feb 19, 2025·SEC

10-Q Quarterly Reports

5
FY 2026

May 5, 2026·SEC

FY 2025

Oct 27, 2025·SEC

FY 2025

Aug 4, 2025·SEC

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MTB Frequently Asked Questions

M&T Bank Corporation (MTB) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
How fast is M&T Bank Corporation growing?

M&T Bank Corporation (MTB) saw revenue decline by 8.2% over the past year.

Is MTB profitable?

Yes, M&T Bank Corporation (MTB) is profitable, generating $2.93B in net income for fiscal year 2025 (23.2% net margin).

Dividend & Returns
Does MTB pay dividends?

Yes, M&T Bank Corporation (MTB) pays a dividend with a yield of 2.40%. This makes it attractive for income-focused investors.

What is MTB's return on equity?

M&T Bank Corporation (MTB) has a return on equity (ROE) of 9.8%. This is below average, suggesting room for improvement.

Industry Metrics
What is M&T Bank Corporation's net interest margin?

M&T Bank Corporation (MTB) has a net interest margin (NIM) of 3.3%. This indicates healthy earnings from lending activities.

What is M&T Bank Corporation's efficiency ratio?

M&T Bank Corporation (MTB) has an efficiency ratio of 44.6%. This is excellent, indicating strong cost control.

What if you invested $1,000 in MTB back in 1996?

Total return calculator · dividends reinvested · 30+ years of data

See returns →