M&T Bank Corporation MTB
- Market cap
- $31.6B
- P/E
- 11.6×
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M&T Bank Corporation (MTB) Price to free cash flow
As of 25 September 2026, M&T Bank Corporation (MTB) trades at a price to free cash flow of 9.0×. Over the past ten years it has ranged from 4.2× (March 2023) to 33.8× (February 2021); the current reading is higher than 34% of that period. That is below the Banks Regional industry median of 10.8× and below the Financial sector median of 10.0×.
Price to free cash flow, daily
Annual
| Period | Price to free cash flow | Change |
|---|---|---|
| FY2025 | 11.1× | 20.60% |
| FY2024 | 9.2× | 45.49% |
| FY2023 | 6.3× | 16.83% |
| FY2022 | 5.4× | (29.54%) |
| FY2021 | 7.7× | (70.99%) |
| FY2020 | 26.5× | 153.54% |
| FY2019 | 10.5× | 1.20% |
| FY2018 | 10.3× | 7.35% |
| FY2017 | 9.6× | (57.81%) |
| FY2016 | 22.8× | 128.81% |
Quarterly
| Period | Price to free cash flow | Change |
|---|---|---|
| Jun 2026 | 9.7× | (0.87%) |
| Mar 2026 | 9.7× | (12.39%) |
| Dec 2025 | 11.1× | 44.14% |
| Sep 2025 | 7.7× | (26.03%) |
| 42 more quarters | Free account |
Against its own ten years
Price to free cash flow against peers
| Company | Price to free cash flow |
|---|---|
| SHG Shinhan Financial Group Co Ltd compare | 2.6× |
| ITUB Itau Unibanco Holding S.A. compare | 3.1× |
| BAP Credicorp Ltd. compare | 4.8× |
| MTB M&T Bank Corporation | 9.0× |
| FCNCA First Citizens BancShares, Inc. compare | 9.6× |
| HBAN Huntington Bancshares Incorporated compare | 11.8× |
| CFG Citizens Financial Group, Inc. compare | 13.3× |
| RF Regions Financial Corporation compare | 14.4× |
| BBDO Banco Bradesco SA compare | 27.7× |
| Banks Regional industry median | 10.8× |
| Financial sector median | 10.0× |
| Market median | 14.0× |
What Price to free cash flow is
Price to Free Cash Flow Ratio shows how much investors pay for each dollar of cash a company generates after its capital spending.
Stock Price ÷ ((Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM)) ÷ (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
- P/B ratio
- 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