M&T Bank Corporation

MTB Financial Banks Regional

M&T Bank Corporation’s revenue for fiscal 2025 (year ended December 2025) was $13.2 billion, down 1.67% from fiscal 2024.

Revenue
−0.64%
EPS
+4.74%
Free cash flow
+52.4%
Total debt
+5.57%

Quarter to September 2026, against a year earlier

219.83 4.81 −2.14%
Market cap
$31.7B
P/E
11.4×
Fwd P/E
11.3×
Dividend yield
2.73%
F-score
7/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

M&T Bank Corporation (MTB) P/E ratio

Alert me on P/E ratio

As of 5 November 2026, M&T Bank Corporation (MTB) trades at a P/E ratio of 11.4×. Over the past ten years it has ranged from 6.3× (October 2023) to 22.6× (March 2018); the current reading is higher than 25% of that period. That is below the Banks Regional industry median of 12.0× and below the Financial sector median of 12.2×.

P/E ratio, daily

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Annual newest first

Period P/E ratio Change
FY2025 11.8× (8.03%)
FY2024 12.8× 45.71%
FY2023 8.8× (29.93%)
FY2022 12.5× 12.57%
FY2021 11.1× (13.16%)
FY2020 12.8× 3.81%
FY2019 12.3× 10.32%
FY2018 11.2× (43.17%)
FY2017 19.7× (2.08%)
FY2016 20.1× 20.06%

Quarterly newest first

Period P/E ratio Change
Sep 2026 11.3× (9.67%)
Jun 2026 12.5× 8.56%
Mar 2026 11.5× (2.19%)
Dec 2025 11.8× (2.98%)
43 more quarters

Against its own ten years

Low 6.3× High 22.6×
Ten-year median 13.0×
Current reading's percentile 28

P/E ratio against peers

What P/E ratio is

Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.

Stock Price ÷ EPS (Basic) (TTM)

The full definition of P/E ratio →

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