M & T BANK CORP (MTB) Stock Fundamental Analysis
USA - NYSE:MTB - US55261F1049 - Common Stock
188.6 USD
+5.85 (+3.2%)
188.6 USD
0 (0%)
We assign a fundamental rating of 3 out of 10 to MTB. MTB was compared to 388 industry peers in the Banks industry. MTB may be in some trouble as it scores bad on both profitability and health. MTB has a decent growth rate and is not valued too expensively. MTB also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
MTB had positive earnings in the past year.
In the past year MTB had a positive cash flow from operations.
In the past 5 years MTB has always been profitable.
In the past 5 years MTB always reported a positive cash flow from operatings.
1.2 Ratios
The Return On Assets of MTB (1.24%) is better than 79.64% of its industry peers.
With a Return On Equity value of 9.13%, MTB perfoms like the industry average, outperforming 54.64% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.24% | ||
| ROE | 9.13% | ||
| ROIC | N/A |
ROA(3y)1.13%
ROA(5y)1.09%
ROE(3y)8.56%
ROE(5y)8.7%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
MTB has a better Profit Margin (27.33%) than 69.33% of its industry peers.
In the last couple of years the Profit Margin of MTB has declined.
The Operating Margin and Gross Margin are not available for MTB so they could not be analyzed.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | 27.33% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-3.81%
PM growth 5Y-2.44%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
MTB does not have a ROIC to compare to the WACC, probably because it is not profitable.
MTB has less shares outstanding than it did 1 year ago.
MTB has more shares outstanding than it did 5 years ago.
The debt/assets ratio for MTB is higher compared to a year ago.
2.2 Solvency
MTB has a debt to FCF ratio of 3.76. This is a good value and a sign of high solvency as MTB would need 3.76 years to pay back of all of its debts.
MTB's Debt to FCF ratio of 3.76 is on the low side compared to the rest of the industry. MTB is outperformed by 62.89% of its industry peers.
A Debt/Equity ratio of 0.52 indicates that MTB is somewhat dependend on debt financing.
With a Debt to Equity ratio value of 0.52, MTB is not doing good in the industry: 77.32% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.52 | ||
| Debt/FCF | 3.76 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC13.74%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
The Earnings Per Share has been growing slightly by 6.70% over the past year.
The Earnings Per Share has been growing slightly by 1.97% on average over the past years.
Looking at the last year, MTB shows a small growth in Revenue. The Revenue has grown by 4.41% in the last year.
MTB shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 8.43% yearly.
EPS 1Y (TTM)6.7%
EPS 3Y3.73%
EPS 5Y1.97%
EPS Q2Q%19.9%
Revenue 1Y (TTM)4.41%
Revenue growth 3Y15.7%
Revenue growth 5Y8.43%
Sales Q2Q%7.76%
3.2 Future
The Earnings Per Share is expected to grow by 6.84% on average over the next years.
The Revenue is expected to grow by 2.18% on average over the next years.
EPS Next Y9.25%
EPS Next 2Y10.65%
EPS Next 3Y10.76%
EPS Next 5Y6.84%
Revenue Next Year4.33%
Revenue Next 2Y4.08%
Revenue Next 3Y3.9%
Revenue Next 5Y2.18%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 11.61, the valuation of MTB can be described as very reasonable.
The rest of the industry has a similar Price/Earnings ratio as MTB.
The average S&P500 Price/Earnings ratio is at 25.45. MTB is valued rather cheaply when compared to this.
A Price/Forward Earnings ratio of 9.96 indicates a reasonable valuation of MTB.
MTB's Price/Forward Earnings ratio is in line with the industry average.
MTB is valuated cheaply when we compare the Price/Forward Earnings ratio to 34.46, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.61 | ||
| Fwd PE | 9.96 |
4.2 Price Multiples
Based on the Price/Free Cash Flow ratio, MTB is valued cheaper than 84.54% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.31 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
PEG (NY)1.26
PEG (5Y)5.89
EPS Next 2Y10.65%
EPS Next 3Y10.76%
5. Dividend
5.1 Amount
MTB has a Yearly Dividend Yield of 3.22%.
MTB's Dividend Yield is comparable with the industry average which is at 3.39.
MTB's Dividend Yield is a higher than the S&P500 average which is at 2.45.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.22% |
5.2 History
On average, the dividend of MTB grows each year by 6.23%, which is quite nice.
MTB has been paying a dividend for at least 10 years, so it has a reliable track record.
MTB has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)6.23%
Div Incr Years8
Div Non Decr Years26
5.3 Sustainability
39.56% of the earnings are spent on dividend by MTB. This is a low number and sustainable payout ratio.
MTB's earnings are growing around the same pace than its dividend. As long as the earnings growth is kept the dividend growth is sustainable.
DP39.56%
EPS Next 2Y10.65%
EPS Next 3Y10.76%
188.6
+5.85 (+3.2%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners89%
Inst Owner Change0.41%
Ins Owners0.32%
Ins Owner Change-1.25%
Market Cap29.14B
Revenue(TTM)9.60B
Net Income(TTM)2.62B
Analysts76.15
Price Target224.27 (18.91%)
Short Float %3.42%
Short Ratio4.45
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.22% |
Yearly Dividend6.23
Dividend Growth(5Y)6.23%
DP39.56%
Div Incr Years8
Div Non Decr Years26
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)6.49%
Min EPS beat(2)5.13%
Max EPS beat(2)7.84%
EPS beat(4)3
Avg EPS beat(4)3.04%
Min EPS beat(4)-3.31%
Max EPS beat(4)7.84%
EPS beat(8)7
Avg EPS beat(8)6.85%
EPS beat(12)9
Avg EPS beat(12)6.42%
EPS beat(16)11
Avg EPS beat(16)2.52%
Revenue beat(2)1
Avg Revenue beat(2)0.6%
Min Revenue beat(2)-0.66%
Max Revenue beat(2)1.86%
Revenue beat(4)2
Avg Revenue beat(4)-0.11%
Min Revenue beat(4)-2.58%
Max Revenue beat(4)1.86%
Revenue beat(8)3
Avg Revenue beat(8)-3.16%
Revenue beat(12)6
Avg Revenue beat(12)-1.1%
Revenue beat(16)6
Avg Revenue beat(16)-1.64%
PT rev (1m)-0.31%
PT rev (3m)0.62%
EPS NQ rev (1m)-1.37%
EPS NQ rev (3m)-1.65%
EPS NY rev (1m)2.25%
EPS NY rev (3m)4.97%
Revenue NQ rev (1m)0.28%
Revenue NQ rev (3m)0.08%
Revenue NY rev (1m)0.67%
Revenue NY rev (3m)0.45%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.61 | ||
| Fwd PE | 9.96 | ||
| P/S | 3.04 | ||
| P/FCF | 7.31 | ||
| P/OCF | 7.01 | ||
| P/B | 1.01 | ||
| P/tB | 1.44 | ||
| EV/EBITDA | N/A |
EPS(TTM)16.24
EY8.61%
EPS(NY)18.94
Fwd EY10.04%
FCF(TTM)25.78
FCFY13.67%
OCF(TTM)26.9
OCFY14.26%
SpS62.13
BVpS185.92
TBVpS130.66
PEG (NY)1.26
PEG (5Y)5.89
Graham Number260.64
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.24% | ||
| ROE | 9.13% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | 27.33% | ||
| GM | N/A | ||
| FCFM | 41.5% |
ROA(3y)1.13%
ROA(5y)1.09%
ROE(3y)8.56%
ROE(5y)8.7%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-3.81%
PM growth 5Y-2.44%
GM growth 3YN/A
GM growth 5YN/A
F-Score7
Asset Turnover0.05
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.52 | ||
| Debt/FCF | 3.76 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 46.61% | ||
| Cap/Sales | 1.79% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | 151.83% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score7
WACC13.74%
ROIC/WACCN/A
Cap/Depr(3y)63.99%
Cap/Depr(5y)65.76%
Cap/Sales(3y)2.53%
Cap/Sales(5y)2.6%
Profit Quality(3y)169.16%
Profit Quality(5y)140.02%
High Growth Momentum
Growth
EPS 1Y (TTM)6.7%
EPS 3Y3.73%
EPS 5Y1.97%
EPS Q2Q%19.9%
EPS Next Y9.25%
EPS Next 2Y10.65%
EPS Next 3Y10.76%
EPS Next 5Y6.84%
Revenue 1Y (TTM)4.41%
Revenue growth 3Y15.7%
Revenue growth 5Y8.43%
Sales Q2Q%7.76%
Revenue Next Year4.33%
Revenue Next 2Y4.08%
Revenue Next 3Y3.9%
Revenue Next 5Y2.18%
EBIT growth 1YN/A
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year22.05%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y4.77%
FCF growth 3Y9.77%
FCF growth 5Y9.26%
OCF growth 1Y2.41%
OCF growth 3Y9.96%
OCF growth 5Y8.9%
M & T BANK CORP / MTB FAQ
Can you provide the ChartMill fundamental rating for M & T BANK CORP?
ChartMill assigns a fundamental rating of 3 / 10 to MTB.
Can you provide the valuation status for M & T BANK CORP?
ChartMill assigns a valuation rating of 5 / 10 to M & T BANK CORP (MTB). This can be considered as Fairly Valued.
What is the profitability of MTB stock?
M & T BANK CORP (MTB) has a profitability rating of 3 / 10.
Can you provide the financial health for MTB stock?
The financial health rating of M & T BANK CORP (MTB) is 1 / 10.
Can you provide the dividend sustainability for MTB stock?
The dividend rating of M & T BANK CORP (MTB) is 7 / 10 and the dividend payout ratio is 39.56%.