M&T Bank is a US regional bank with around $213 billion in assets as of Dec. 30, 2025. Headquartered in Buffalo, New York, the bank's footprint is mostly concentrated in New England and the US Mid-Atlantic. M&T Bank boasts a community banking approach, and boasts over 900 branches in 13 states and Washington, D.C. Apart from retail and commercial banking, M&T Bank also has wealth management operations through Wilmington Trust and a partnership with LPL Financial, and a corporate trust business.
Employees22,278IPOJan 18, 2018SIC6022HQOne M&T Plaza, Buffalo, NY, USA, 14203
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Financials
Profitability
Metric
Current
Margins
Gross Margin
—
Operating Margin
—
EBITDA Margin
—
Net Margin
29.6%
OCF Margin
—
FCF Margin
29.7%
Returns on Capital
ROE
9.9%
ROA
1.4%
ROIC
—
ROCE
0.0%
ROC (Greenblatt)
0.0%
3Y ROIIC
0.0%
Consistency
Years Profitable / 10Y
10
Valuation
Metric
Current
Earnings Multiples
P/E (TTM)
12.54
Forward P/E
11.40
P/E ex-NRI
12.54
Shiller P/E (CAPE)
14.62
Cash Flow Multiples
P/FCF
11.88
P/OCF
11.30
P/Owner Earnings
13.70
FCF Yield
8.98%
Enterprise Value Multiples
EV / EBIT
—
EV / Forward EBIT
—
EV / EBITDA
—
EV / Forward EBITDA
—
EV / Revenue
3.00
EV / Forward Revenue
4.78
Asset / Sales
P/S
3.53
P/B
1.23
P/Tangible Book
1.82
Growth-Adjusted
PEG
1.49
Capital Returns
Metric
Current
Dividends
Dividend Yield (TTM)
2.74%
Forward Dividend Yield
2.81%
3Y Dividend Growth
5.9%
Payout Ratio
0.33
5Y Yield on Cost
3.56%
Buybacks & Dilution
3Y Buyback Ratio
3.60%
5Y Share Change
23.3%
Combined
Shareholder Yield
15.03%
Balance Sheet
Metric
Current
Leverage
Debt / Equity
0.45
Gross Debt / EBITDA
—
Cash / Debt
1.44
Equity / Assets
0.14
Coverage
Interest Coverage
—
Short-Term Liquidity
Current Ratio
0.00
Quick Ratio
0.00
Cash Ratio
0.00
Composite Scores
Piotroski F-Score
8
Altman Z-Score
—
Split History
Date
Split
No split history found.
Ex-date
Amount
Pay date
2026-03-02
$1.5
2026-03-31
2025-12-01
$1.5
2025-12-31
2025-09-02
$1.5
2025-09-30
2025-06-02
$1.35
2025-06-30
2025-03-03
$1.35
2025-03-31
2024-12-02
$1.35
2024-12-31
2024-09-03
$1.35
2024-09-30
2024-06-03
$1.35
2024-06-28
2024-03-01
$1.3
2024-03-29
2023-11-30
$1.3
2023-12-29
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View allDate
Transcript
Type
2026-07-15
Q2 2026 M&T Bank Corp Earnings Call Transcript
Earnings Call
2026-06-10
M&T Bank Corp at Morgan Stanley US Financials Conference Transcript
Conference Presentations
2026-04-15
Q1 2026 M&T Bank Corp Earnings Call Transcript
Earnings Call
2026-03-10
M&T Bank Corp at RBC Capital Markets Global Financial Institutions Conference Transcript
Conference Presentations
2026-01-16
Q4 2025 M&T Bank Corp Earnings Call Transcript
Earnings Call
2025-12-10
M&T Bank Corp at Goldman Sachs U.S. Financial Services Conference Transcript
Conference Presentations
2025-10-16
Q3 2025 M&T Bank Corp Earnings Call Transcript
Earnings Call
2025-07-16
Q2 2025 M&T Bank Corp Earnings Call Transcript
Earnings Call
2025-04-14
Q1 2025 M&T Bank Corp Earnings Call Transcript
Earnings Call
2025-01-16
Q4 2024 M&T Bank Corp Earnings Call Transcript
Earnings Call
10 of 61
5-Step DuPont Analysis
ROE %
9.80%
×
×
Net Margin %
29.63%
×
×
Operating Margin %
—
Operating Income
—
÷
Revenue
$9.62B
×
Tax Burden
0.7722
Net Income
$2.85B
÷
Pretax Income
$3.69B
×
Interest Burden
—
Pretax Income
$3.69B
÷
Operating Income
—
×
Asset Turnover
0.05
÷
Revenue
$9.62B
÷
Average Total Assets
$210.81B
Begin Total Assets
$208.10B
End Total Assets
$213.51B
×
Equity Multiplier
7.24
÷
Avg Total Assets
$210.81B
÷
Avg Stockholders Equity
$29.10B
Begin Equity
$29.03B
End Equity
$29.18B