M & T BANK CORP (MTB) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:MTB - US55261F1049 - Common Stock
209.16 USD
-2.39 (-1.13%)
208.8 USD
-0.36 (-0.17%)
Overall MTB gets a fundamental rating of 3 out of 10. We evaluated MTB against 383 industry peers in the Banks industry. Both the profitability and financial health of MTB have multiple concerns. MTB has a decent growth rate and is not valued too expensively. Finally 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
- With a decent Return On Assets value of 1.24%, MTB is doing good in the industry, outperforming 79.37% of the companies in the same industry.
- MTB has a Return On Equity of 9.13%. This is comparable to the rest of the industry: MTB outperforms 52.22% of its industry peers.
| 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
- With a decent Profit Margin value of 27.33%, MTB is doing good in the industry, outperforming 66.84% of the companies in the same industry.
- In the last couple of years the Profit Margin of MTB has declined.
- MTB does not have Operating Margin and Gross Margin available, so we won't be analyzing them here.
| 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.
- Compared to 1 year ago, MTB has less shares outstanding
- Compared to 5 years ago, MTB has more shares outstanding
- The debt/assets ratio for MTB is higher compared to a year ago.
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.
- 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 65.80% of its industry peers.
- A Debt/Equity ratio of 0.52 indicates that MTB is somewhat dependend on debt financing.
- MTB's Debt to Equity ratio of 0.52 is on the low side compared to the rest of the industry. MTB is outperformed by 76.50% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.52 | ||
| Debt/FCF | 3.76 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC13.47%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
- MTB shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 6.70%.
- MTB shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 1.97% yearly.
- The Revenue has been growing slightly by 4.41% in the past 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
- 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 Y9.44%
EPS Next 2Y10.66%
EPS Next 3Y10.8%
EPS Next 5Y6.84%
Revenue Next Year4.45%
Revenue Next 2Y4.08%
Revenue Next 3Y3.91%
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.
- The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
- Based on the Price/Earnings ratio of 12.88, the valuation of MTB can be described as correct.
- MTB's Price/Earnings ratio is in line with the industry average.
- When comparing the Price/Earnings ratio of MTB to the average of the S&P500 Index (27.30), we can say MTB is valued rather cheaply.
- With a Price/Forward Earnings ratio of 11.04, the valuation of MTB can be described as very reasonable.
- 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 24.04, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.88 | ||
| Fwd PE | 11.04 |
4.2 Price Multiples
- Based on the Price/Free Cash Flow ratio, MTB is valued a bit cheaper than 78.33% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.07 | ||
| 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)1.36
PEG (5Y)6.53
EPS Next 2Y10.66%
EPS Next 3Y10.8%
5. Dividend
5.1 Amount
- MTB has a Yearly Dividend Yield of 2.81%. Purely for dividend investing, there may be better candidates out there.
- MTB's Dividend Yield is comparable with the industry average which is at 2.90.
- Compared to an average S&P500 Dividend Yield of 1.92, MTB pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.81% |
5.2 History
- The dividend of MTB is nicely growing with an annual growth rate of 6.23%!
- MTB has paid a dividend for at least 10 years, which is 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 2Y10.66%
EPS Next 3Y10.8%
209.16
-2.39 (-1.13%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)10-16 2025-10-16/bmo
Earnings (Next)01-16 2026-01-16/bmo
Inst Owners90.69%
Inst Owner Change0%
Ins Owners0.32%
Ins Owner Change-0.65%
Market Cap32.15B
Revenue(TTM)9.60B
Net Income(TTM)2.62B
Analysts75.38
Price Target225.8 (7.96%)
Short Float %3.92%
Short Ratio5.78
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.81% |
Yearly Dividend6.23
Dividend Growth(5Y)6.23%
DP39.56%
Div Incr Years8
Div Non Decr Years26
Ex-DateN/A
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)0.68%
PT rev (3m)0.37%
EPS NQ rev (1m)-0.13%
EPS NQ rev (3m)-1.63%
EPS NY rev (1m)-0.05%
EPS NY rev (3m)2.42%
Revenue NQ rev (1m)-0.12%
Revenue NQ rev (3m)0.04%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.78%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.88 | ||
| Fwd PE | 11.04 | ||
| P/S | 3.35 | ||
| P/FCF | 8.07 | ||
| P/OCF | 7.73 | ||
| P/B | 1.12 | ||
| P/tB | 1.59 | ||
| EV/EBITDA | N/A |
EPS(TTM)16.24
EY7.76%
EPS(NY)18.94
Fwd EY9.06%
FCF(TTM)25.92
FCFY12.39%
OCF(TTM)27.04
OCFY12.93%
SpS62.46
BVpS186.92
TBVpS131.36
PEG (NY)1.36
PEG (5Y)6.53
Graham Number261.35
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
WACC13.47%
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 Y9.44%
EPS Next 2Y10.66%
EPS Next 3Y10.8%
EPS Next 5Y6.84%
Revenue 1Y (TTM)4.41%
Revenue growth 3Y15.7%
Revenue growth 5Y8.43%
Sales Q2Q%7.76%
Revenue Next Year4.45%
Revenue Next 2Y4.08%
Revenue Next 3Y3.91%
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.
What is the valuation status for MTB stock?
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.
What is the financial health of M & T BANK CORP (MTB) stock?
The financial health rating of M & T BANK CORP (MTB) is 1 / 10.
How sustainable is the dividend of M & T BANK CORP (MTB) stock?
The dividend rating of M & T BANK CORP (MTB) is 7 / 10 and the dividend payout ratio is 39.56%.