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MTB

M&T Bank Corp

MTB

132.63USD-0.15 (-0.11%)Market Closed
Watchlist

Market Summary

USD132.63-0.15
Market Closed
-0.11%

MTB Alerts

  • 4 major insider sales recently.
  • Big jump in Revenue (Y/Y)

MTB Stock Price

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MTB RSI Chart

MTB Valuation

Market Cap

22.0B

Price/Earnings (Trailing)

7.28

Price/Sales (Trailing)

2.3

EV/EBITDA

2.46

Price/Free Cashflow

5.43

MTB Price/Sales (Trailing)

MTB Profitability

EBT Margin

45.35%

Return on Equity

9.18%

Return on Assets

1.14%

Free Cashflow Yield

18.43%

MTB Fundamentals

MTB Revenue

Revenue (TTM)

9.6B

Revenue Y/Y

48.27%

Revenue Q/Q

5%

MTB Earnings

Earnings (TTM)

3.0B

Earnings Y/Y

6.7%

Earnings Q/Q

-20.43%

Price Action

52 Week Range

109.36161.99
(Low)(High)

Last 7 days

3.6%

Last 30 days

9.7%

Last 90 days

9.0%

Trailing 12 Months

-10.3%

How does MTB drawdown profile look like?

MTB Financial Health

Debt/Equity

0.29

Debt/Cashflow

0.51

MTB Investor Care

Buy Backs (1Y)

6.50%

Diluted EPS (TTM)

17.39

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20237.6B8.7B9.6B0
20223.9B4.3B5.1B6.2B
20214.1B4.0B4.0B3.9B
20204.8B4.6B4.3B4.2B
20194.7B4.9B4.9B4.9B
20184.2B4.3B4.5B4.6B
20173.9B4.0B4.1B4.2B
20163.4B3.6B3.8B3.9B
20153.0B3.0B3.0B3.2B
20143.0B2.9B2.9B3.0B
20133.0B3.0B3.0B3.0B
20122.8B2.9B2.9B2.9B
20112.7B2.7B2.8B2.8B
20102.7B2.8B2.7B2.7B
20093.0B2.9B2.8B2.7B
20083.5B3.4B3.3B3.3B
20070003.5B

Latest Insider Trading transactions for MTB

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Dec 04, 2023
geisel gary n
sold
-211,849
133
-1,587
-
Dec 01, 2023
walters kirk w
sold
-3,770,520
130
-29,004
-
Dec 01, 2023
walters kirk w
acquired
3,417,250
117
29,004
-
Nov 29, 2023
king darren j
gifted
-
-
251
sr. executive vice president
Nov 29, 2023
king darren j
gifted
-
-
-753
sr. executive vice president
Nov 21, 2023
bojdak robert j
sold
-100,936
126
-800
sr. executive vice president
Oct 30, 2023
meister doris p.
sold
-110,583
110
-1,000
sr. executive vice president
Oct 25, 2023
bible daryl n.
bought
555,218
111
5,000
sr. evp & cfo
Aug 11, 2023
meister doris p.
sold
-136,023
136
-1,000
sr. executive vice president

1–10 of 50

Which funds bought or sold MTB recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Dec 06, 2023
Raleigh Capital Management Inc.
added
4.13
1,886
31,836
0.02%
Dec 06, 2023
CITIGROUP INC
added
17.67
3,611,260
21,463,800
0.02%
Dec 06, 2023
VisionPoint Advisory Group, LLC
reduced
-16.75
-14,219
81,034
0.04%
Dec 04, 2023
TUCKER ASSET MANAGEMENT LLC
added
300
6,495
8,599
-%
Dec 01, 2023
PFS Partners, LLC
unchanged
-
142
6,702
0.01%
Dec 01, 2023
B. Riley Wealth Advisors, Inc.
added
10.46
83,235
731,469
0.02%
Nov 28, 2023
BAR HARBOR WEALTH MANAGEMENT
unchanged
-
6,467
303,986
0.02%
Nov 27, 2023
TRUST CO OF VERMONT
added
1.79
78,491
2,037,490
0.14%
Nov 27, 2023
AllSquare Wealth Management LLC
unchanged
-
56.00
5,817
-%
Nov 24, 2023
DEUTSCHE BANK AG\
added
10.77
4,604,580
39,540,900
0.03%

1–10 of 43

Latest Funds Activity

Are funds buying MTB calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own MTB
No. of Funds

Schedule 13G FIlings of M&T Bank Corp

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 09, 2023
vanguard group inc
11.79%
20,344,678
SC 13G/A
Feb 09, 2023
fmr llc
-
0
SC 13G/A
Feb 06, 2023
wellington management group llp
6.49%
11,207,528
SC 13G/A
Feb 03, 2023
state street corp
4.60%
7,948,380
SC 13G/A
Jan 31, 2023
blackrock inc.
7.5%
12,997,787
SC 13G/A
Feb 11, 2022
state street corp
5.83%
7,500,122
SC 13G/A
Feb 10, 2022
vanguard group inc
11.11%
14,291,165
SC 13G/A
Feb 09, 2022
fmr llc
-
0
SC 13G/A
Feb 04, 2022
wellington management group llp
6.09%
7,835,045
SC 13G
Feb 01, 2022
blackrock inc.
8.1%
10,376,365
SC 13G/A

Recent SEC filings of M&T Bank Corp

View All Filings
Date Filed Form Type Document
Dec 07, 2023
144
Notice of Insider Sale Intent
Dec 06, 2023
144
Notice of Insider Sale Intent
Dec 05, 2023
4
Insider Trading
Dec 05, 2023
8-K
Current Report
Dec 04, 2023
4
Insider Trading
Dec 01, 2023
144
Notice of Insider Sale Intent
Dec 01, 2023
144
Notice of Insider Sale Intent
Nov 30, 2023
4
Insider Trading
Nov 22, 2023
4
Insider Trading
Nov 21, 2023
144
Notice of Insider Sale Intent

Peers (Alternatives to M&T Bank Corp)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
461.6B
154.1B
8.89% 19.25%
9.01
3
24.85% 38.27%
242.9B
142.1B
8.88% -5.75%
7.96
1.71
104.30% 11.29%
165.7B
94.4B
10.62% 6.95%
9.02
1.75
34.62% 12.81%
94.2B
119.9B
15.59% 9.64%
6.94
0.79
86.46% -
13.6B
9.8B
13.02% -26.15%
6.56
1.39
62.73% 6.26%
12.1B
7.6B
16.02% -23.18%
9.37
1.6
57.10% -39.78%
MID-CAP
5.7B
3.7B
12.55% -17.79%
6.79
1.52
53.61% 0.24%
5.1B
4.0B
16.04% -22.62%
3.95
1.61
76.30% 16.42%
3.2B
1.2B
15.04% -7.07%
11.31
2.64
53.00% -17.58%
2.9B
1.9B
11.52% -16.62%
7.64
1.52
57.80% 14.45%
SMALL-CAP
467.6M
115.7M
7.71% 19.54%
15.52
4.04
24.10% -20.09%
460.9M
154.1M
14.38% -20.68%
13.38
2.99
26.24% -26.76%
379.7M
155.7M
6.77% -17.30%
10.16
2.44
47.34% -10.62%
340.5M
96.3M
14.70% 6.79%
9.01
3.54
19.08% 25.77%
51.6M
58.7M
16.60% -24.50%
17.66
0.88
25.03% -65.02%

M&T Bank Corp News

Latest updates
Knox Daily04 Dec 202312:34 pm4 days ago
Seeking Alpha03 Jul 201502:26 pm8 years ago
MarketWatch20 Jul 200912:39 pm14 years ago

Financials for M&T Bank Corp

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Revenue5.0%2,6412,5162,3272,0721,7821,4659289599939701,0171,0391,0011,0321,1201,1861,2291,2381,2261,2201,167
EBITDA Margin-100.0%-1.27*1.28*1.35*1.39*1.43*1.58*1.59*1.58*1.53*1.48*1.38*1.35*1.33*1.36*------
Interest Expenses-100.0%-1,7991,8181,8271,6791,4129049349679429819899439579771,0091,0301,0411,0501,0591,029
Income Taxes-25.7%21729322524520160.0011314216214814514911571.0081.00159155152152153170
Earnings Before Taxes-21.8%9071,1609261,011848278475600657606593621487312350652635626634699696
EBT Margin-100.0%-0.45*0.40*0.42*0.43*0.46*0.61*0.62*0.62*0.57*0.49*0.42*0.42*0.43*0.47*------
Net Income-20.4%690867702765647218362458495458447471372241269493480473483546526
Net Income Margin-100.0%-0.27*0.22*0.22*0.33*0.68*0.46*0.47*0.47*0.43*0.37*0.32*0.32*0.32*0.36*------
Free Cashflow-100.0%-1,2574289541,1371,1871,296697486537995664-6.01526-394------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Assets0.7%209,124207,672202,956200,730199,343197,955204,033149,864155,107151,901150,623150,481142,601138,627139,537124,578119,873125,501121,555120,025120,097
    Cash Equivalents-4.3%1,7691,8481,8181,520-2,2561,6881,4111,3381,4801,4101,2601,5531,4891,3551,2981,4361,8191,2721,2671,605
  Net PPE0.5%1,6811,6731,6641,654-1,6201,6001,1351,1451,1181,1171,1491,1621,1471,1551,1551,1411,0741,0671,045647
  Goodwill0%8,4658,4658,4908,490-8,5018,5013,9004,5934,5934,5934,5934,5934,5934,5934,5934,5934,5934,5934,5934,593
Liabilities0.6%182,928181,871177,579175,412-172,699178,238131,988137,204134,372133,902134,035126,414122,526123,592108,762104,156109,721105,863104,438104,637
  Short Term Borrowings-14.9%6,7317,9086,9953,555-9181,11950.0047.0010491.0059.0059.0046.0052.0059.0062.005,5144,6113,6034,398
  Long Term Debt-4.0%7,1237,4177,4633,965-3,4593,0173,4443,4853,5003,4993,4994,3825,4596,3216,3216,9867,0037,6568,4768,445
Shareholder's Equity1.5%26,19725,80125,37725,3186.0025,25625,79517,87617,90317,52916,72016,44716,18716,10115,94515,81615,71715,78015,69215,58815,460
  Retained Earnings2.7%17,28416,83716,21215,754-15,22014,80914,83114,64614,36614,03013,73213,44413,13212,91912,83712,82112,49012,16211,84211,517
  Additional Paid-In Capital0.1%10,01210,0009,98610,003-9,9949,9876,6126,6356,6256,6216,6116,6176,6106,5996,5886,5946,5856,5786,5686,579
Shares Outstanding-100.0%-166168--175177129-129129129-128128130-133135138-
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Cashflow From Operations12.9%1,4201,2574289541,1371,1871,296697486537995664-6.01526-3941,13174767.004135501,018
Cashflow From Investing61.1%-1,907-4,901-1,747-3,6656,2199,8434,196-3,453-1,195-50.62-8,931-4,043967-15,091-3,8524,727-3,418-852271-2,946874
Cashflow From Financing-88.9%4083,6751,6171,976-6,788-10,753-5,4172,614779-3357,6443,443-82614,6234,109-6,2403,220790-1,0222,690-1,949
  Dividend Payments0.1%216216221205209213157155142142142142142142143145133134140139144
  Buy Backs---594600600---------374282300402366500499

MTB Income Statement

2023-09-30
Consolidated Statement of Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Interest income    
Loans and leases, including fees$ 2,061,570$ 1,455,612$ 5,909,035$ 3,572,954
Investment securities    
Fully taxable199,187135,766578,656294,290
Exempt from federal taxes16,42516,55549,54134,388
Deposits at banks362,840172,956943,686272,009
Other1,3776243,0911,270
Total interest income2,641,3991,781,5137,484,0094,174,911
Interest expense    
Savings and interest-checking deposits494,21968,6901,139,649103,344
Time deposits201,5411,124441,0753,748
Short-term borrowings69,4812,670223,2536,090
Long-term borrowings100,77030,338287,25167,147
Total interest expense866,011102,8222,091,228180,329
Net interest income1,775,3881,678,6915,392,7813,994,582
Provision for credit losses150,000115,000420,000427,000
Net interest income after provision for credit losses1,625,3881,563,6914,972,7813,567,582
Other income    
Brokerage services income26,98821,08676,15565,414
Trading account and other non-hedging derivative gains9,3795,08137,80812,743
Gain (loss) on bank investment securities(235)(1,108)353(1,913)
Other revenues from operations142,519153,189664,034436,943
Total other income559,581563,0791,949,8851,675,066
Other expense    
Salaries and employee benefits726,940736,3542,272,5472,090,075
Equipment and net occupancy130,842127,117386,435337,584
Outside data processing and software110,69195,068322,909268,607
FDIC assessments29,36428,10587,05466,266
Advertising and marketing22,89821,39882,31458,057
Printing, postage and supplies13,96414,76842,34640,488
Amortization of core deposit and other intangible assets14,94618,38447,09938,024
Other costs of operations227,893238,059688,623743,047
Total other expense1,277,5381,279,2533,929,3273,642,148
Income before taxes907,431847,5172,993,3391,600,500
Income taxes217,490200,921734,740374,208
Net income689,941646,5962,258,5991,226,292
Net income available to common shareholders    
Basic663,763620,5492,179,8021,152,400
Diluted$ 663,766$ 620,554$ 2,179,812$ 1,152,406
Net income per common share    
Basic$ 4$ 3.55$ 13.09$ 7.18
Diluted$ 3.98$ 3.53$ 13.05$ 7.14
Average common shares outstanding    
Basic165,909174,609166,488160,474
Diluted166,570175,682167,093161,295
Mortgage Banking Revenues [Member]    
Other income    
Revenue from contract with customer$ 104,478$ 83,041$ 296,575$ 275,115
Service Charges on Deposit Accounts [Member]    
Other income    
Revenue from contract with customer121,360115,213353,603340,890
Trust Income [Member]    
Other income    
Revenue from contract with customer$ 155,092$ 186,577$ 521,357$ 545,874

MTB Balance Sheet

2023-09-30
Consolidated Balance Sheet (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
Assets  
Cash and due from banks$ 1,768,864$ 1,517,244
Interest-bearing deposits at banks30,114,28624,958,719
Federal funds sold 3,000
Trading account136,998117,847
Investment securities  
Available for sale (cost: $11,038,966 at September 30, 2023; $11,193,152 at December 31, 2022)10,592,40910,748,961
Held to maturity (fair value: $13,764,943 at September 30, 2023; $12,375,420 at December 31, 2022)15,571,12013,529,969
Equity and other securities (cost: $1,174,046 at September 30, 2023; $933,766 at December 31, 2022)1,172,574931,941
Total investment securities27,336,10325,210,871
Loans and leases133,133,497132,074,156
Unearned discount(778,812)(509,993)
Loans and leases, net of unearned discount132,354,685131,564,163
Allowance for credit losses(2,052,127)(1,925,331)
Loans and leases, net130,302,558129,638,832
Premises and equipment1,681,0511,653,628
Goodwill8,465,0898,490,089
Core deposit and other intangible assets162,275209,374
Accrued interest and other assets9,157,0928,930,237
Total assets209,124,316200,729,841
Liabilities  
Noninterest-bearing deposits53,786,98765,501,860
Savings and interest-checking deposits90,297,21987,911,463
Time deposits20,043,60110,101,545
Total deposits164,127,807163,514,868
Short-term borrowings6,730,6633,554,951
Accrued interest and other liabilities4,945,9184,377,495
Long-term borrowings7,123,4263,964,537
Total liabilities182,927,814175,411,851
Shareholders' equity  
Preferred stock, $1.00 par, 20,000,000 shares authorized; Issued and outstanding: Liquidation preference of $1,000 per share: 350,000 shares at September 30, 2023 and December 31, 2022; Liquidation preference of $10,000 per share: 140,000 shares at September 30, 2023 and December 31, 2022; Liquidation preference of $25 per share: 10,000,000 shares at September 30, 2023 and December 31, 20222,010,6002,010,600
Common stock, $.50 par, 250,000,000 shares authorized, 179,436,779 shares issued at September 30, 2023 and December 31, 202289,71889,718
Common stock issuable, 12,140 shares at September 30, 2023; 14,031 shares at December 31, 20229791,112
Additional paid-in capital10,012,43810,002,891
Retained earnings17,284,35015,753,978
Accumulated other comprehensive income (loss), net(941,878)(790,030)
Treasury stock - common, at cost - 13,478,535 shares at September 30, 2023; 10,165,419 shares at December 31, 2022(2,259,705)(1,750,279)
Total shareholders’ equity26,196,50225,317,990
Total liabilities and shareholders’ equity$ 209,124,316$ 200,729,841
MTB
M&T Bank Corporation operates as a bank holding company for Manufacturers and Traders Trust Company and Wilmington Trust, National Association that offer retail and commercial banking products and services in the United States. The company's Business Banking segment offers deposit, lending, cash management, and other financial services to small businesses and professionals. Its Commercial Banking segment provides deposit products, commercial lending and leasing, letters of credit, and cash management services for middle-market and large commercial customers. The company's Commercial Real Estate segment originates, sells, and services commercial real estate loans; and offers deposit, and credit services. Its Discretionary Portfolio segment provides deposits, securities, residential real estate loans, and other assets; and short and long term borrowed funds, as well as foreign exchange services. The company's Residential Mortgage Banking segment offers residential real estate loans for consumers and sells those loans in the secondary market; and purchases servicing rights to loans, and sub-services residential real estate loans for others. Its Retail Banking segment offers demand, savings, and time accounts; consumer installment loans, automobile and recreational finance loans, home equity loans and lines of credit, and credit cards; mutual funds and annuities; and other services. The company also provides trust and wealth management; fiduciary and custodial; insurance agency; institutional brokerage and securities; and investment management and advisory services; financial management, and planning, leasing, and financing services. It offers its services through banking offices, business banking centers, telephone and internet banking, and automated teller machines. M&T Bank Corporation was founded in 1856 and is headquartered in Buffalo, New York.
 CEO
 WEBSITEwww3.mtb.com
 EMPLOYEES22946

M&T Bank Corp Frequently Asked Questions


What is the ticker symbol for M&T Bank Corp? What does MTB stand for in stocks?

MTB is the stock ticker symbol of M&T Bank Corp. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of M&T Bank Corp (MTB)?

As of Thu Dec 07 2023, market cap of M&T Bank Corp is 22.02 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of MTB stock?

You can check MTB's fair value in chart. The fair value of M&T Bank Corp is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of M&T Bank Corp is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for MTB so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is M&T Bank Corp a good stock to buy?

The fair value guage provides a quick view whether MTB is over valued or under valued. Whether M&T Bank Corp is cheap or expensive depends on the assumptions which impact M&T Bank Corp's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for MTB.

What is M&T Bank Corp's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Thu Dec 07 2023, MTB's PE ratio (Price to Earnings) is 7.28 and Price to Sales (PS) ratio is 2.3. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. MTB PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on M&T Bank Corp's stock?

In the past 10 years, M&T Bank Corp has provided 0.037 (multiply by 100 for percentage) rate of return.