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M&T Bank

NYSE: MTB

Stock price

217.56 USD

(+41.51%) 5 years

Regional BanksBanks - Regional

Financial Performance

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5Y price score: 54

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The price score is a basic measure of the stock's performance against the S&P 500 Index over a five-year period.

A score of 100 indicates that the stock did as well as the S&P 500 Index.

A score below 100 means the stock underperformed the index, while a score above 100 means it outperformed the S&P 500.

10Y return: 121.5%

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174.7

52-week range

255.9

217.56

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Required return / cost of capital
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FCFF terminal growth rate
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Forecast:

Valuation

Free Cash Flow Yield

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FCF Yield TTM = Trailing Twelve Months free cash flow per share / current market price per shareLearn more

10.8 %

Dividend Yield TTM

2.8 %

Market cap $

$ 31,532

Price / Earnings TTM

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P/E TTM = current market price per share / Trailing Twelve Months diluted earnings per shareLearn more

11.5

Price / Book TTM

1.2

PEG TTM

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Price/Earnings-to-Growth ratio = P/E TTM divided by most recent annual diluted earnings per share growth rateLearn more

0.7

Earnings growth and return

LTM

5YR

10YR

Total return (price & dividends)

18.7 %

58.1 %

121.5 %

Free cash flow per share growth

55.8 %

281.1 %

51.3 %

Earnings per share growth

23.3 %

71 %

136.8 %

Founded: 1,856

Employees: 22,291

Business Summary:M&T Bank Corporation functions as a bank holding entity, delivering a broad spectrum of financial solutions to both commercial enterprises and individual consumers. Its Business Banking division caters to small businesses and professionals, providing essential services such as deposit accounts, credit facilities, and treasury management solutions. The Commercial Banking arm extends its reach to middle-market and large corporate clients, supplying a robust suite of offerings including deposit products, commercial loans and leases, letters of credit, and sophisticated cash management tools. Dedicated to Commercial Real Estate, the company engages in the origination, sale, and servicing of commercial property loans, alongside offering deposit services tailored for this sector. The Discretionary Portfolio segment focuses on internal financial management, overseeing deposits, investment securities, residential real estate loans, and other assets, while also managing short- and long-term borrowed funds and foreign exchange operations. Through its Residential Mortgage Banking segment, M&T originates home loans for consumers, subsequently selling these loans in the secondary market. It also acquires servicing rights for loans initially originated by other institutions. The Retail Banking segment serves individual customers with a diverse array of financial products, including demand, savings, and time deposit accounts; various consumer installment loans such as automobile and recreational vehicle financing; home equity loans and lines of credit; credit cards; and investment vehicles like mutual funds and annuities. Beyond these, M&T Bank offers specialized financial services encompassing trust and wealth management, fiduciary and custodial services, insurance brokerage, institutional securities services, and investment management. Customers can access these services through an extensive network of physical banking offices, dedicated business banking centers, as well as via telephone, online platforms, and automated teller machines (ATMs). As of December 31, 2021, the corporation maintained 688 domestic banking locations across New York, Maryland, New Jersey, Pennsylvania, Delaware, Connecticut, Virginia, West Virginia, and the District of Columbia. Additionally, it operates a full-service commercial banking office in Ontario, Canada. M&T Bank Corporation, established in 1856, has its corporate headquarters situated in Buffalo, New York.

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Fair Value Reference Estimate

Latest Earnings Call Takeaways

2026 Q2 (Jul 15, 2026)

1) Strategy & Leadership
- M&T Bank continues to focus on its purpose of making a difference in people's lives through strong relationships and local knowledge.
- The company has launched initiatives to strengthen Boston's innovation ecosystem and celebrated the fifth anniversary of its tech hub in Buffalo.
- M&T emphasizes disciplined execution and technology investment to enhance customer service and operational efficiency.

2) Financial & Segment Results
- Q2 2026 Highlights:
- Diluted GAAP EPS: $5.32 (up from $4.13 in Q1 2026)
- Net income: $818 million (compared to $664 million in Q1 2026)
- Return on Assets (ROA): 1.51%, Return on Common Equity (ROCE): 12.3%
- Net Interest Income (NII): $1.8 billion (up 2% from Q1 2026)
- Average loans increased by $3 billion to $141.4 billion, with notable growth in commercial lending.
- Non-interest income rose to $740 million, driven by increases in service charges and trust income.

3) Problems / Headwinds
- Average total deposits declined by $0.7 billion to $163.5 billion, with non-interest-bearing deposits decreasing due to lower institutional services.
- The company faces challenges in deposit growth, although there was a rebound towards the end of Q2 2026.
- The economic backdrop remains cautious, with inflation and geopolitical tensions impacting consumer spending.

4) Operational or Product Plans
- M&T plans to continue focusing on loan and deposit growth, expecting average loans to be in the range of $141 billion to $143 billion for the full year.
- The bank anticipates NII for the year to be between $7.2 billion and $7.35 billion, with a net interest margin (NIM) in the high 3.60% range.
- Investments in technology and cybersecurity are ongoing, with a focus on enhancing mortgage and treasury management services.

5) Guidance & Outlook / Investor Angle
- M&T expects continued loan growth, particularly in commercial real estate (CRE) and consumer portfolios, despite potential NIM compression.
- The CET1 ratio is projected to operate in the lower part of the 10%-10.5% range, with share buybacks being adjusted based on loan growth.
- The bank remains optimistic about its investment thesis, emphasizing strong credit performance and a disciplined approach to capital management.

Bottom line: M&T Bank's strong second-quarter performance, driven by robust loan growth and disciplined execution, positions it well for continued success despite economic headwinds. The focus on technology and community engagement further enhances its long-term value proposition for shareholders.

Annual Reports, Presentations And IR Contacts

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Annual report links (10K)
2025202420232022202120202019201820172016

M&T Bank — Financial Overview, Stock Price, Market Cap

M&T Bank is a company. Founded in 1856. As of October 9, 2026, the company's market capitalization is $31531623480 with a current stock price of $217.56.