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 |
| Vol | 660.70K |
| As of | 25 Sep 2026 |
The Verdict
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/E | 11.71x |
| Forward P/E | 10.49x |
| P / S (ttm) | 3.39x |
| Profit margin | 32.1% |
| Return on equity | 10.7% |
| Revenue growth | +6.2% |
| Earnings growth | +25.5% |
Layer Breakdown
| Layer | Raw | Contribution |
|---|---|---|
| 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.
Risk Metrics
| Beta vs SPX | 0.92 |
|---|---|
| Corr SPX | 0.57 |
| Annual vol | 25.9% |
| Annual ret | +13.8% |
| Sharpe | 0.53 |
| 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 |
| Analysts | 19 |
| Strong Buy | 2 | |
|---|---|---|
| Buy | 5 | |
| Hold | 13 | |
| Sell | 1 | |
| Strong Sell | 0 |
Recent rating actions
| 2026-04-30 | JP Morgan | → Neutral |
| 2026-04-17 | Cantor Fitzgerald | → Overweight |
| 2026-04-16 | RBC Capital | → Outperform |
| 2026-04-16 | DA Davidson | → Neutral |
| 2026-04-07 | JP Morgan | → Neutral |
| 2026-03-31 | Morgan Stanley | → Equal-Weight |
Material Events
| Date | Event | 8-K |
|---|---|---|
| 2026-07-21 | 3.03, Bylaws Amendment… | read |
| 2026-07-15 | Earnings Release, Reg FD Disclosure… | read |
| 2026-06-16 | Officer / Director Change, Exhibits | read |
| 2026-05-01 | Reg FD Disclosure, Exhibits | read |
| 2026-04-23 | Shareholder Vote | read |
| 2026-04-20 | Other Material Event, Exhibits | read |
| 2026-04-15 | Earnings Release, Reg FD Disclosure… | read |
| 2026-03-30 | Other Material Event, Exhibits | read |
| 2026-02-11 | Reg FD Disclosure, Exhibits | read |
| 2026-01-16 | Earnings Release, Reg FD Disclosure… | read |
| 2025-12-09 | Reg FD Disclosure, Exhibits | read |
| 2025-10-31 | 3.03, Bylaws Amendment… | read |
Insider Trades
| Date | Insider | Role | Action | Shares | Value |
|---|---|---|---|---|---|
| 2026-07-01 | Woodrow Tracy S. | Sr. Executive Vice Presid | Option exercise | 376 | $71.73K |
| 2026-07-01 | Woodrow Tracy S. | Sr. Executive Vice Presid | Option exercise | 505 | $83.09K |
| 2026-07-01 | Woodrow Tracy S. | Sr. Executive Vice Presid | Sell | 881 | $213.20K |
| 2026-06-15 | Taylor John R. | EVP and Controller | Option exercise | 269 | $51.32K |
| 2026-06-15 | Taylor John R. | EVP and Controller | Sell | 1.10K | $256.09K |
| 2026-06-09 | PEARSON KEVIN J | Vice Chairman | Option exercise | 10.06K | $1.92M |
| 2026-06-09 | PEARSON KEVIN J | Vice Chairman | Option exercise | 13.30K | $2.19M |
| 2026-06-09 | PEARSON KEVIN J | Vice Chairman | Sell | 18.72K | $4.22M |
| 2026-06-09 | PEARSON KEVIN J | Vice Chairman | Sell | 4.64K | $1.05M |
| 2026-06-04 | PEARSON KEVIN J | Vice Chairman | Sell | 2.00K | $440.00K |
Flow & Concentration
| Insider 180d net | -$6.18M |
|---|---|
| Insider buys / sells | 0 / 5 |
| Insider bias | Sellers |
| 13F holders | 0 |
| Top-5 share | 0.0% |
| HHI | 0 (—) |
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
The Long Run
FY 2009–2025 · 17 years
| Line | Latest | CAGR | Trend |
|---|---|---|---|
| Revenue | $1.54B | -8.1% | |
| Net income | $2.74B | +13.1% | |
| Cash from ops | $3.00B | +7.0% |
Indices
Recent Sessions
| Date | Open | High | Low | Close | Vol |
|---|---|---|---|---|---|
| Sep 25 | $218.65 | $221.78 | $218.61 | $221.19 | 660.70K |
| Sep 24 | $219.66 | $220.74 | $217.21 | $218.66 | 926.20K |
| Sep 23 | $221.61 | $223.38 | $219.42 | $219.58 | 727.00K |
| Sep 22 | $228.04 | $228.04 | $222.43 | $223.42 | 963.50K |
| Sep 21 | $228.77 | $228.77 | $226.03 | $226.96 | 799.00K |
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