M&T Bank Corporation MTB

221.19 2.53 1.16% as of 25 Sep
Market cap
$31.6B
P/E
11.6×
Indexes indicate stock being part of an index,
Growth Flags show if company had growth for consecutive years

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

As of 25 September 2026, M&T Bank Corporation (MTB) trades at a P/E ratio of 11.6×. Over the past ten years it has ranged from 6.3× (October 2023) to 22.6× (March 2018); the current reading is higher than 27% of that period. That is in line with the Banks Regional industry median of 12.2× and below the Financial sector median of 12.6×.

P/E ratio, daily

Annual

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

Period P/E ratio Change
Jun 2026 12.5× 8.56%
Mar 2026 11.5× (2.19%)
Dec 2025 11.8× (2.98%)
Sep 2025 12.1× (3.19%)
42 more quarters

Against its own ten years

Low 6.3× High 22.6×
Ten-year median 13.1×
Current reading's percentile 27

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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