M&T Bank Corporation MTB
221.19
2.53
1.16%
as of 25 Sep
- Market cap
- $31.6B
- P/E
- 11.6×
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M&T Bank Corporation (MTB) P/B ratio
As of 25 September 2026, M&T Bank Corporation (MTB) trades at a P/B ratio of 1.3×. Over the past ten years it has ranged from 0.7× (October 2023) to 2.0× (March 2018); the current reading is higher than 48% of that period. That is in line with the Banks Regional industry median of 1.2× and in line with the Financial sector median of 1.3×.
P/B ratio, daily
Annual
| Period | P/B ratio | Change |
|---|---|---|
| FY2025 | 1.2× | 2.75% |
| FY2024 | 1.2× | 26.75% |
| FY2023 | 0.9× | (8.64%) |
| FY2022 | 1.0× | (17.02%) |
| FY2021 | 1.2× | 11.57% |
| FY2020 | 1.1× | (30.50%) |
| FY2019 | 1.6× | 8.90% |
| FY2018 | 1.4× | (16.48%) |
| FY2017 | 1.7× | 7.67% |
| FY2016 | 1.6× | 45.18% |
Quarterly
| Period | P/B ratio | Change |
|---|---|---|
| Jun 2026 | 1.4× | 12.68% |
| Mar 2026 | 1.2× | 0.03% |
| Dec 2025 | 1.2× | 3.43% |
| Sep 2025 | 1.2× | (1.24%) |
| 42 more quarters | Free account |
Against its own ten years
Low 0.7×
High 2.0×
Ten-year median
1.3×
Current reading's percentile
48
P/B ratio against peers
| Company | P/B ratio |
|---|---|
| SHG Shinhan Financial Group Co Ltd compare | 0.9× |
| BBDO Banco Bradesco SA compare | 0.9× |
| HBAN Huntington Bancshares Incorporated compare | 1.1× |
| CFG Citizens Financial Group, Inc. compare | 1.2× |
| FCNCA First Citizens BancShares, Inc. compare | 1.2× |
| MTB M&T Bank Corporation | 1.3× |
| RF Regions Financial Corporation compare | 1.3× |
| ITUB Itau Unibanco Holding S.A. compare | 2.0× |
| BAP Credicorp Ltd. compare | 2.7× |
| Banks Regional industry median | 1.2× |
| Financial sector median | 1.3× |
| Market median | 1.8× |
What P/B ratio is
Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.
Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))
More on MTB
- Revenue
- Net income
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- The full statement