M & T BANK CORP (MTB) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:MTB - US55261F1049 - Common Stock
190.22 USD
-0.02 (-0.01%)
190.22 USD
0 (0%)
MTB gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 387 industry peers in the Banks industry. MTB has a bad profitability rating. Also its financial health evaluation is rather negative. 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.
MTB had a positive operating cash flow in the past year.
Each year in the past 5 years MTB has been profitable.
Each year in the past 5 years MTB had a positive operating cash flow.
1.2 Ratios
MTB has a Return On Assets of 1.24%. This is in the better half of the industry: MTB outperforms 79.59% of its industry peers.
Looking at the Return On Equity, with a value of 9.13%, MTB is in line with its industry, outperforming 53.75% 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
The Profit Margin of MTB (27.33%) is better than 68.48% of its industry peers.
MTB's Profit Margin has declined in the last couple of years.
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.
The number of shares outstanding for MTB has been reduced compared to 1 year ago.
Compared to 5 years ago, MTB has more shares outstanding
Compared to 1 year ago, MTB has a worse debt to assets ratio.
2.2 Solvency
The Debt to FCF ratio of MTB is 3.76, which is a good value as it means it would take MTB, 3.76 years of fcf income to pay off all of its debts.
With a Debt to FCF ratio value of 3.76, MTB is not doing good in the industry: 63.82% of the companies in the same industry are doing better.
A Debt/Equity ratio of 0.52 indicates that MTB is somewhat dependend on debt financing.
MTB has a worse Debt to Equity ratio (0.52) than 77.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.52 | ||
| Debt/FCF | 3.76 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC13.64%
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.
MTB shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 1.97% yearly.
MTB shows a small growth in Revenue. In the last year, the Revenue has grown by 4.41%.
Measured over the past years, MTB shows a quite strong growth in Revenue. The Revenue has been growing by 8.43% on average per year.
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
Based on estimates for the next years, MTB will show a small growth in Earnings Per Share. The EPS will grow by 6.84% on average per year.
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
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
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
The Price/Earnings ratio is 11.71, which indicates a very decent valuation of MTB.
Compared to the rest of the industry, the Price/Earnings ratio of MTB is on the same level as its industry peers.
When comparing the Price/Earnings ratio of MTB to the average of the S&P500 Index (26.15), we can say MTB is valued rather cheaply.
The Price/Forward Earnings ratio is 10.04, which indicates a very decent valuation of MTB.
MTB's Price/Forward Earnings is on the same level as the industry average.
Compared to an average S&P500 Price/Forward Earnings ratio of 36.12, MTB is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.71 | ||
| Fwd PE | 10.04 |
4.2 Price Multiples
Compared to the rest of the industry, the Price/Free Cash Flow ratio of MTB indicates a rather cheap valuation: MTB is cheaper than 82.17% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.38 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
MTB's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
PEG (NY)1.27
PEG (5Y)5.94
EPS Next 2Y10.65%
EPS Next 3Y10.76%
5. Dividend
5.1 Amount
MTB has a Yearly Dividend Yield of 3.28%. Purely for dividend investing, there may be better candidates out there.
MTB's Dividend Yield is comparable with the industry average which is at 3.33.
MTB's Dividend Yield is a higher than the S&P500 average which is at 2.41.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.28% |
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 its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)6.23%
Div Incr Years8
Div Non Decr Years26
5.3 Sustainability
MTB pays out 39.56% of its income as dividend. This is a 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%
190.22
-0.02 (-0.01%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners89%
Inst Owner Change0.52%
Ins Owners0.32%
Ins Owner Change-0.27%
Market Cap29.39B
Revenue(TTM)9.60B
Net Income(TTM)2.62B
Analysts76.15
Price Target223.25 (17.36%)
Short Float %3.42%
Short Ratio4.45
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.28% |
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)-0.76%
PT rev (3m)0.16%
EPS NQ rev (1m)-0.46%
EPS NQ rev (3m)-1.86%
EPS NY rev (1m)0.38%
EPS NY rev (3m)1.42%
Revenue NQ rev (1m)0.12%
Revenue NQ rev (3m)0.04%
Revenue NY rev (1m)0.09%
Revenue NY rev (3m)0.47%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.71 | ||
| Fwd PE | 10.04 | ||
| P/S | 3.06 | ||
| P/FCF | 7.38 | ||
| P/OCF | 7.07 | ||
| P/B | 1.02 | ||
| P/tB | 1.46 | ||
| EV/EBITDA | N/A |
EPS(TTM)16.24
EY8.54%
EPS(NY)18.94
Fwd EY9.96%
FCF(TTM)25.78
FCFY13.55%
OCF(TTM)26.9
OCFY14.14%
SpS62.13
BVpS185.92
TBVpS130.66
PEG (NY)1.27
PEG (5Y)5.94
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
WACC13.64%
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%.