M&T Bank Corp (MTB) stock
MTBNYSEState Commercial BanksFiscal year ends December 31Also trades as MTB.PH, MTB.PJ, MTB.PK, MTB.PL
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Nov 5, 2026Score 17/305% below fair value
$219.78−0.41 (-0.19%)
Close on Nov 12, 2026Market cap $31.74BP/E 11.5Yield 2.59%
M&T Bank statistics
85 measures from SEC filings and the closing price. Hover a name for the formula; the last column is the median of companies in the same industry group.
Important dates
- Next earnings
- Jan 15, 2027 (estimated, before the open)
- Last ex-dividend date
- Sep 1, 2026
- Fundamentals through
- Sep 30, 2026
- Share price as of
- Nov 12, 2026
Valuation ratiosIndustry
- P/TBV Ratio
- 1.62
- 1.52
- P/OCF Ratio
- 7.82
- 9.78
Enterprise valuationIndustry
- EV / Sales
- 12.79
- 2.95
Share statisticsIndustry
- Shares Change (YoY)
- -8.15%
- 0.35%
- Float
- 144M
- 17M
- Shares Held by Insiders
- 0.36%
- 6.05%
- Shares Held by Institutions
- 91.4%
- 61.3%
Short sellingIndustry
- Short Interest
- 5M
- –
- Short Interest Change
- -5.11%
- -4.13%
- Short % of Float
- 3.43%
- 3.58%
- Short % of Shares Outstanding
- 3.41%
- 3.18%
- Days to Cover
- 4.99
- 4.85
Stock price statisticsIndustry
- 52-Week High
- $255.95
- –
- 52-Week Low
- $179.75
- –
- 20-Day Moving Average
- $220.57
- –
- 50-Day Moving Average
- $223.25
- –
- 200-Day Moving Average
- $225.36
- –
- Average True Range (14)
- $4.65
- –
- Price Change (1 Week)
- 0.00%
- 0.51%
- Price Change (1 Month)
- 1.73%
- 4.83%
- Price Change (3 Months)
- -13.5%
- -3.58%
- Price Change (6 Months)
- 6.82%
- 10.8%
- Price Change (YTD)
- 9.08%
- 19.6%
- Price Change (1 Year)
- 17.7%
- 25.4%
- Price Change (3 Years)
- 88.1%
- 76.7%
- Price Change (5 Years)
- 37.5%
- 26.5%
- Price Change (10 Years)
- 61.6%
- 67.0%
- Average Volume (10 Days)
- 812,105
- –
- Average Volume (20 Days)
- 911,207
- –
- Average Volume (90 Days)
- 1M
- –
- Relative Volume
- 0.60
- 0.67
- Relative Strength Index (14)
- 47.2
- 52.6
- Volatility (1 Year)
- 21.3%
- 24.4%
- Beta (5 Years)
- 0.82
- 0.63
MarginsIndustry
- Pretax Margin
- 227.3%
- 36.9%
Returns on capitalIndustry
- Return on Equity (ROE)
- 10.6%
- 10.8%
- Return on Assets (ROA)
- 1.40%
- 1.16%
Financial positionIndustry
- Debt / Equity
- 0.23
- 0.21
GrowthIndustry
- Revenue Growth (YoY)
- 5.46%
- 11.8%
- Net Income Growth (YoY)
- 8.76%
- 22.7%
- EPS Growth (YoY)
- 18.0%
- 21.6%
- Revenue Growth (3Y CAGR)
- 2.81%
- 5.82%
- Revenue Growth (5Y CAGR)
- -22.6%
- 6.17%
- EPS Growth (3Y CAGR)
- 13.8%
- 1.31%
- EPS Growth (5Y CAGR)
- 11.3%
- 8.24%
EfficiencyIndustry
- Asset Turnover
- 0.01
- 0.04
- Revenue Per Employee
- $77.12K
- $359.04K
- Profits Per Employee
- $135.38K
- $110.51K
- Employee Count
- 22,278
- 492
- WACC
- 8.37%
- 7.91%
Income statement (TTM)Industry
- Pretax Income
- $3.91B
- $74.07M
Balance sheetIndustry
- Net Cash (Debt)
- $9.77B
- $166.15M
- Net Cash Per Share
- $67.62
- $8.19
- Equity (Book Value)
- $28.16B
- $570.13M
- Book Value Per Share
- $194.99
- $28.22
- Tangible Book Value
- $19.65B
- $478.27M
Cash flow (TTM)Industry
Dividends and yieldsIndustry
- Earnings Yield
- 9.50%
- 8.32%
- Dividend Yield
- 2.59%
- 2.44%
- Buyback Yield
- 7.94%
- 1.80%
- Shareholder Yield
- 10.5%
- 3.22%
- Dividend Per Share
- $5.70
- $0.92
- Dividend Growth (YoY)
- 6.54%
- 4.26%
- Years of Dividend Growth
- 3
- 2
- Payout Ratio
- 29.5%
- 29.0%
Taxes and interestIndustry
- Income Tax
- $889.00M
- $16.14M
- Effective Tax Rate
- 22.8%
- 21.1%
Scores and fair valueIndustry
- Graham Number
- $289.93
- $45.31
- Graham Upside
- 31.9%
- 18.8%
- Altman Z-Score
- 0.25
- 0.22
- Piotroski F-Score
- 7
- 6
- Lynch Fair Value
- $217.08
- –
- Lynch Upside
- -1.23%
- -0.36%
Total return vs. the S&P 500
Price change plus reinvested dividends, to the close on Nov 12, 2026. The S&P 500 is measured by the SPY fund.
| Period | MTB | S&P 500 | Difference | MTB per year | S&P 500 per year |
|---|---|---|---|---|---|
| 1 month | -0.1% | -2.7% | +2.6 pts | ||
| 3 months | -12.8% | -1.7% | −11.0 pts | ||
| Year to date | +11.3% | +11.9% | −0.6 pts | ||
| 1 year | +20.2% | +12.0% | +8.2 pts | ||
| 3 years | +103.8% | +78.2% | +25.6 pts | +26.8% | +21.2% |
| 5 years | +60.9% | +73.2% | −12.4 pts | +10.0% | +11.6% |
| 10 years | +115.0% | +309.6% | −194.7 pts | +8.0% | +15.1% |
Short interest
Shares sold short and not yet covered, reported by brokers to FINRA twice a month. Latest settlement date Oct 30, 2026.
5M MTB shares were sold short on Oct 30, 2026, down 5.1% from the previous report, or 3.43% of the shares available to trade. At recent volumes it would take 5.0 days to buy them back. Over the last 20 sessions, 55.0% of the volume reported to FINRA was short selling.
| Settlement date | Shares short | Change | Avg. daily volume | Days to cover |
|---|---|---|---|---|
| Oct 30, 2026 | 4,929,491 | -5.1% | 988,039 | 5.0 |
| Oct 15, 2026 | 5,194,887 | +2.0% | 1,003,095 | 5.2 |
| Sep 30, 2026 | 5,093,452 | -1.9% | 1,117,505 | 4.6 |
| Sep 15, 2026 | 5,193,279 | -7.0% | 1,015,191 | 5.1 |
| Aug 31, 2026 | 5,584,506 | -0.4% | 1,005,327 | 5.5 |
| Aug 14, 2026 | 5,607,021 | +5.2% | 818,764 | 6.8 |
| Jul 31, 2026 | 5,327,937 | -6.2% | 1,221,540 | 4.4 |
| Jul 15, 2026 | 5,678,647 | -5.2% | 1,103,067 | 5.2 |
| Jun 30, 2026 | 5,989,968 | -2.7% | 1,317,969 | 4.5 |
| Jun 15, 2026 | 6,153,170 | +3.0% | 1,089,764 | 5.7 |
| May 29, 2026 | 5,972,551 | +9.2% | 991,530 | 6.0 |
| May 15, 2026 | 5,468,389 | -8.4% | 910,301 | 6.0 |
Ratios use trailing-twelve-month results and the latest balance sheet. How we calculate.
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