Friday 6 November 2026 Export MTB’s income statement to Excel — free account

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.

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%

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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

Overview Business Profile Earnings & Analysis Segments Valuation Filings

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

Alert me on P/S ratio

As of 5 November 2026, M&T Bank Corporation (MTB) trades at a P/S ratio of 2.5×. Over the past ten years it has ranged from 1.5× (October 2023) to 5.1× (August 2022); the current reading is higher than 33% of that period. That is above the Banks Regional industry median of 2.4× and above the Financial sector median of 2.3×.

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<iframe src="https://stockrow.com/embed/MTB/ps-ratio" width="100%" height="360" style="border:0" loading="lazy" title="M&amp;T Bank Corporation P/S ratio, 10 years"></iframe>
<p style="font-size:12px">Source: <a href="https://stockrow.com/MTB/metrics/ps-ratio">M&amp;T Bank Corporation (MTB) P/S ratio — stockrow.com</a></p>

Period	P/S ratio	Change
FY2025	2.4×	3.35%
FY2024	2.3×	28.27%
FY2023	1.8×	(34.03%)
FY2022	2.7×	(15.03%)
FY2021	3.2×	24.11%
FY2020	2.6×	(20.70%)
FY2019	3.3×	2.96%
FY2018	3.2×	(26.22%)
FY2017	4.3×	0.77%
FY2016	4.3×	29.42%

Period	P/S ratio	Change
Sep 2026	2.5×	(4.24%)
Jun 2026	2.6×	11.99%
Mar 2026	2.3×	(3.41%)
Dec 2025	2.4×	3.71%
43 more quarters	Free account

Against its own ten years

Low 1.5× High 5.1×

Ten-year median 3.2×

Current reading's percentile 36

Company	P/S ratio
BBDO Banco Bradesco SA compare	0.4×
ITUB Itau Unibanco Holding S.A. compare	1.1×
SHG Shinhan Financial Group Co Ltd compare	1.1×
KB KB Financial Group Inc compare	1.5×
FCNCA First Citizens BancShares, Inc. compare	1.8×
HBAN Huntington Bancshares Incorporated compare	2.1×
CFG Citizens Financial Group, Inc. compare	2.1×
MTB M&T Bank Corporation	2.5×
BAP Credicorp Ltd. compare	3.4×
Banks Regional industry median	2.4×
Financial sector median	2.3×
Market median	1.9×

What P/S ratio is

Price to Sales Ratio shows how much investors pay for each dollar of a company’s annual sales, whether or not it is profitable.

(Stock Price × Shares (Basic, Weighted) (latest quarter)) ÷ Revenue (TTM)

The full definition of P/S ratio →

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

P/S ratio, daily

Annual newest first

Quarterly newest first

Against its own ten years

P/S ratio against peers

What P/S ratio is

More on MTB

P/S ratio, daily

Annual newest first

Quarterly newest first

Against its own ten years

P/S ratio against peers

What P/S ratio is

More on MTB

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