M&T Bank Corp (MTB.PH) stock

MTB.PHNYSEState Commercial BanksFiscal year ends December 31Also trades as MTB, MTB.PJ, MTB.PK, MTB.PL

Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 4, 2026Score 17/304% below fair value

$25.13+0.01 (+0.04%)

Close on Nov 3, 2026Market cap $32.07BP/E 11.7Yield 2.57%

M&T Bank price to book ratio

The price-to-book ratio is market cap divided by shareholders' equity.

M&T Bank's price to book ratio was 1.2× on Nov 3, 2026, against 1.1× a year earlier. Over the last 5 years it ranged from 0.7× to 1.4×, with a median of 1.1×.

Price to Book Ratio at the end of each year

Period	Period end	Value	Change (pts)
2026	Nov 3, 2026	1.2×	+0.1
2025	Dec 31, 2025	1.1×	+0.0
2024	Dec 31, 2024	1.1×	+0.2
2023	Dec 29, 2023	0.9×	+0.0
2022	Dec 30, 2022	0.9×	−0.2
2021	Dec 31, 2021	1.1×	+0.1
2020	Dec 31, 2020	1.0×	−0.4
2019	Dec 31, 2019	1.5×	+0.1
2018	Dec 31, 2018	1.4×	−0.3
2017	Dec 29, 2017	1.6×	+0.1
2016	Dec 30, 2016	1.5×	+0.2
2015	Dec 31, 2015	1.2×	−0.1
2014	Dec 31, 2014	1.3×	−0.0
2013	Dec 31, 2013	1.4×	+0.1
2012	Dec 31, 2012	1.2×	+0.3
2011	Dec 30, 2011	1.0×	−0.3
2010	Dec 31, 2010	1.3×	+0.3
2009	Dec 31, 2009	1.0×	–