M & T Bank Corp
Research M & T Bank Corp (MTB) on Bullrun: valuation model: 3.6% overvalued, market cap USD 31.52B, P/E 11.5, dividend yield 2.7%. Explore financials, valuation history, model signals, and stock context.
Key Metrics
- TickerMTB
- ExchangeNYSE
- CountryUnited States
- SectorFinancial Services
- IndustryBanks-Regional
- CurrencyUSD
- Valuation signal3.6% overvalued
- Market capUSD 31.52B
- P/E11.5
- Dividend yield2.7%
- Financial periodQ2 2026
- RevenueUSD 2.49B
- Net incomeUSD 818.00M
- Free cash flowUSD 1.25B
Valuation Snapshot
Bullrun's latest valuation model marks M & T Bank Corp as 3.6% overvalued; latest market cap is USD 31.52B; P/E is 11.5; dividend yield is 2.7%.
Peer valuation comparison
Latest P/E is 11.48x versus a Financial Services sector median of 13.39x (14.3% below).
Latest dividend yield is 2.73% versus a Financial Services sector median of 3.66% (25.3% below).
Five-year financial history
| Year | Revenue | Net income | Free cash flow | Gross margin | Diluted EPS | Cash | Total debt | Equity |
|---|---|---|---|---|---|---|---|---|
| FY2025 | USD 1.66B | USD 2.85B | USD 2.86B | n/a | 17 | USD 18.77B | USD 13.06B | USD 29.18B |
| FY2024 | USD 1.54B | USD 2.59B | USD 3.39B | n/a | 14.64 | USD 20.78B | USD 13.67B | USD 29.03B |
| FY2023 | USD 1.48B | USD 2.74B | USD 3.65B | n/a | 15.79 | USD 29.80B | USD 13.52B | USD 26.96B |
| FY2022 | USD 1.53B | USD 1.99B | USD 4.36B | n/a | 11.53 | USD 26.48B | USD 7.52B | USD 25.32B |
Valuation history
| Year | Snapshot date | Market cap | P/E | Dividend yield | Annual dividend/share |
|---|---|---|---|---|---|
| 2026 | 2026-10-09 | USD 31.52B | 11.5 | 2.8% | 6 |
| 2025 | 2025-12-31 | USD 30.59B | 11.8 | 2.8% | 5.7 |
| 2024 | 2024-12-31 | USD 31.12B | 12.8 | 2.8% | 5.35 |
| 2023 | 2023-12-29 | USD 22.75B | 7.9 | 3.8% | 5.2 |
| 2022 | 2022-12-30 | USD 25.04B | 13.7 | 3.3% | 4.8 |
| 2021 | 2021-12-31 | USD 19.76B | 11.1 | 2.9% | 4.5 |
Dividend history
Latest trailing dividend snapshot: annual dividend/share 6 USD, yield 2.7%.
| Year | Dividends/share |
|---|---|
| FY2025 | 5.7 USD |
| FY2024 | 5.35 USD |
| FY2023 | 5.2 USD |
| FY2022 | 4.8 USD |
About M & T Bank Corp
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.
ETFs that hold M & T Bank Corp
M & T Bank Corp is one of the ten largest holdings of 2 ETFs that investors in Europe can buy, most traded first:
| ETF | Weight | TER |
|---|---|---|
| iShares S&P U.S. Banks ETF | 4.10% | 0.35% |
| Xtrackers MSCI USA Banks UCITS ETF 1D | 1.78% | 0.12% |
Related stock research
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Frequently asked questions
Is M & T Bank Corp overvalued or undervalued?
Bullrun's valuation model currently marks M & T Bank Corp as 3.6% overvalued.
What is M & T Bank Corp's market cap?
M & T Bank Corp's market capitalization is USD 31.52B.
What is M & T Bank Corp's P/E ratio?
M & T Bank Corp's price-to-earnings (P/E) ratio is 11.5.
Does M & T Bank Corp pay a dividend?
M & T Bank Corp has a dividend yield of 2.7%.
What does M & T Bank Corp do?
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.