Inside the research

M&T Bank Corporation

MTB Research profile · latest available data

Price overview

$221.19

▲ +2.53 (+1.2%)

52w hi$252.46
52w lo$173.65
Vol660.70K
As of25 Sep 2026

The Verdict

Hold

Our score +0.03

Short-0.12
Medium+0.04
Long+0.31

computed 2026-09-27

Key fundamentals

M&T Bank Corporation

Financial Services · Banks - Regional

Market cap$31.94B
Enterprise value$35.38B
Trailing P/E11.71x
Forward P/E10.49x
P / S (ttm)3.39x
Profit margin32.1%
Return on equity10.7%
Revenue growth+6.2%
Earnings growth+25.5%

Layer Breakdown

LayerRawContribution
Fundamental+0.35
Sector+0.02
Technical-0.09
Earnings+0.00
Sentiment+0.00

macro × 1.00 · 2026-09-27

Business overview

M&T Bank Corporation operates as a bank holding company for Manufacturers and Traders Trust Company and Wilmington Trust, National Association that provides retail and commercial banking products and services in the United States. The company operates through three segments: Commercial Bank, Retail Bank, and Institutional Services and Wealth Management. It offers a range of credit products and banking services, such as commercial lending and leasing, letters of credits, deposit products, cash management services, commercial real estate loans, and credit facilities secured by various commercial real estate properties to middle-market and large commercial customers. The company also provides customers deposit products, including demand, savings and time accounts, and other services; automobile and recreational finance loans, home equity loans and lines of credit, credit cards, and other loan products, as well as residential mortgage and real estate loans; business loans, cash management, payroll, direct deposit, and merchant credit card services to consumers and small businesses through branch network, telephone banking, internet banking, and automated teller machines. In addition, it offers trustee, agency, investment management, and administrative services; personal trust, planning and advisory, fiduciary, asset management, family office, and other services; and investment products, including mutual funds and annuities, and other services for corporations and institutions, investment bankers, corporate tax, finance and legal executives, and other institutional clients. M&T Bank Corporation was founded in 1856 and is headquartered in Buffalo, New York.

United States · www.mtb.com

Risk Metrics

Beta vs SPX0.92
Corr SPX0.57
Annual vol25.9%
Annual ret+13.8%
Sharpe0.53
Max DD-29.5%

Window: 504 trading days (504 obs)

Analyst Coverage

Mean PT$233.53
High / Low$265.00 / $205.00
Median$230.00
Analysts19
Strong Buy2
Buy5
Hold13
Sell1
Strong Sell0

Recent rating actions

2026-04-30JP Morgan→ Neutral
2026-04-17Cantor Fitzgerald→ Overweight
2026-04-16RBC Capital→ Outperform
2026-04-16DA Davidson→ Neutral
2026-04-07JP Morgan→ Neutral
2026-03-31Morgan Stanley→ Equal-Weight

Material Events

DateEvent8-K
2026-07-213.03, Bylaws Amendment…read
2026-07-15Earnings Release, Reg FD Disclosure…read
2026-06-16Officer / Director Change, Exhibitsread
2026-05-01Reg FD Disclosure, Exhibitsread
2026-04-23Shareholder Voteread
2026-04-20Other Material Event, Exhibitsread
2026-04-15Earnings Release, Reg FD Disclosure…read
2026-03-30Other Material Event, Exhibitsread
2026-02-11Reg FD Disclosure, Exhibitsread
2026-01-16Earnings Release, Reg FD Disclosure…read
2025-12-09Reg FD Disclosure, Exhibitsread
2025-10-313.03, Bylaws Amendment…read

Insider Trades

DateInsiderRoleActionSharesValue
2026-07-01Woodrow Tracy S.Sr. Executive Vice PresidOption exercise376$71.73K
2026-07-01Woodrow Tracy S.Sr. Executive Vice PresidOption exercise505$83.09K
2026-07-01Woodrow Tracy S.Sr. Executive Vice PresidSell881$213.20K
2026-06-15Taylor John R.EVP and ControllerOption exercise269$51.32K
2026-06-15Taylor John R.EVP and ControllerSell1.10K$256.09K
2026-06-09PEARSON KEVIN JVice ChairmanOption exercise10.06K$1.92M
2026-06-09PEARSON KEVIN JVice ChairmanOption exercise13.30K$2.19M
2026-06-09PEARSON KEVIN JVice ChairmanSell18.72K$4.22M
2026-06-09PEARSON KEVIN JVice ChairmanSell4.64K$1.05M
2026-06-04PEARSON KEVIN JVice ChairmanSell2.00K$440.00K

Flow & Concentration

Insider 180d net-$6.18M
Insider buys / sells0 / 5
Insider biasSellers
13F holders0
Top-5 share0.0%
HHI0 (—)

Connections

Subsidiarys: Wilmington Trust

Dividends

Yield (TTM)1.36%
$ / share (TTM)$3.00
5y CAGR+5.3%

Annual dividend per share

2021$4.50
2022$4.80
2023$5.20
2024$5.35
2025$5.70
2026$1.50

SEC Filings

DateFormDoc
2026-08-074view
2026-08-054view
2026-08-044view
2026-08-0410-Qview
2026-08-044view
2026-08-0413F-HRview
2026-07-218-Kview
2026-07-17424B5view
2026-07-16424B5view
2026-07-164view
2026-07-158-Kview
2026-07-064view
2026-06-2611-Kview
2026-06-174view
2026-06-173view

The Long Run

FY 2009–2025 · 17 years

LineLatestCAGRTrend
Revenue$1.54B-8.1%
Net income$2.74B+13.1%
Cash from ops$3.00B+7.0%

Indices

S&P 500

Recent Sessions

DateOpenHighLowCloseVol
Sep 25$218.65$221.78$218.61$221.19660.70K
Sep 24$219.66$220.74$217.21$218.66926.20K
Sep 23$221.61$223.38$219.42$219.58727.00K
Sep 22$228.04$228.04$222.43$223.42963.50K
Sep 21$228.77$228.77$226.03$226.96799.00K

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