M&T Bank Corporation
M&T Bank Corporation’s revenue for fiscal 2025 (year ended December 2025) was $13.2 billion, down 1.67% from fiscal 2024. In the quarter to June 2026, revenue grew 2.07%, EPS grew 25.6%, free cash flow grew 52.4% and total debt rose 9.60%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for twenty-five consecutive years.
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M&T Bank Corporation (MTB) P/B ratio
As of 16 October 2026, M&T Bank Corporation (MTB) trades at a P/B ratio of 1.2×. Over the past ten years it has ranged from 0.7× (October 2023) to 2.0× (March 2018); the current reading is higher than 42% 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 1.2×.
P/B ratio, daily
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Annual newest first
| 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 newest first
| 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
P/B ratio against peers
| Company | P/B ratio |
|---|---|
| SHG Shinhan Financial Group Co Ltd compare | 0.8× |
| KB KB Financial Group Inc compare | 1.0× |
| HBAN Huntington Bancshares Incorporated compare | 1.0× |
| BBDO Banco Bradesco SA compare | 1.1× |
| CFG Citizens Financial Group, Inc. compare | 1.1× |
| FCNCA First Citizens BancShares, Inc. compare | 1.2× |
| MTB M&T Bank Corporation | 1.2× |
| RF Regions Financial Corporation compare | 1.3× |
| BAP Credicorp Ltd. compare | 2.7× |
| Banks Regional industry median | 1.2× |
| Financial sector median | 1.2× |
| Market median | 1.7× |
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
- EPS (diluted)
- 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
- 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
- Piotroski F-score
- The full statement