M&T Bank Corp

Company Profile

M&T Bank Corp had its IPO on 1991-10-04 under the ticker symbol MTB.

The company operates in the Financial Services sector and Banks-Regional industry. M&T Bank Corp has a staff strength of 22,946 employees.

Stock update

Shares of M&T Bank Corp opened at $127.42 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $126.75 - $129.95, and closed at $129.61.

This is a +2.73% increase from the previous day's closing price.

A total volume of 1,401,032 shares were traded at the close of the day’s session.

In the last one week, shares of M&T Bank Corp have increased by +3.06%.

M&T Bank Corp's Key Ratios

M&T Bank Corp has a market cap of $20.94 billion, indicating a price to book ratio of 1.0677 and a price to sales ratio of 3.5953.

In the last 12-months M&T Bank Corp’s revenue was $9.28 billion with a gross profit of $7.66 billion and an EBITDA of $0. The EBITDA ratio measures M&T Bank Corp's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, M&T Bank Corp’s operating margin was 45.46% while its return on assets stood at 1.45% with a return of equity of 11.55%.

In Q2, M&T Bank Corp’s quarterly earnings growth was a positive 367.9% while revenue growth was a positive 45.9%.

M&T Bank Corp’s PE and PEG Ratio

Forward PE

7.2622

Trailing PE

7.3649

PEG

0.534

Its diluted EPS in the last 12-months stands at $17.13 per share while it has a forward price to earnings multiple of 7.2622 and a PEG multiple of 0.534. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into M&T Bank Corp’s profitability.

M&T Bank Corp stock is trading at a EV to sales ratio of 0 and a EV to EBITDA ratio of 0. Its price to sales ratio in the trailing 12-months stood at 3.5953.

M&T Bank Corp stock pays annual dividends of $5 per share, indicating a yield of 4.27% and a payout ratio of 30.21%.

Balance sheet and cash flow metrics

Total Assets

$207.67 billion

Total Liabilities

$12.40 billion

Operating Cash Flow

$-6649475000.00

Capital Expenditure

$45.97 million

Dividend Payout Ratio

30.21%

M&T Bank Corp ended 2024 with $207.67 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $207.67 billion while shareholder equity stood at $25.80 billion.

M&T Bank Corp ended 2024 with $0 in deferred long-term liabilities, $12.40 billion in other current liabilities, 23790333000.00 in common stock, $16.84 billion in retained earnings and $8.47 billion in goodwill. Its cash balance stood at $28.96 billion and cash and short-term investments were $28.96 billion. The company’s total short-term debt was $7,907,884,000 while long-term debt stood at $7.42 billion.

M&T Bank Corp’s total current assets stands at $28.96 billion while long-term investments were $28.05 billion and short-term investments were $27.92 billion. Its net receivables were $9.00 billion compared to accounts payable of $4.49 billion and inventory worth $0.

In 2024, M&T Bank Corp's operating cash flow was $-6649475000.00 while its capital expenditure stood at $45.97 million.

Comparatively, M&T Bank Corp paid $0.30 in dividends in 2024.

Other key metrics

Current Trading Price

$129.61

52-Week High

$185.6686

52-Week Low

$107.1119

Analyst Target Price

$152.08

M&T Bank Corp stock is currently trading at $129.61 per share. It touched a 52-week high of $185.6686 and a 52-week low of $185.6686. Analysts tracking the stock have a 12-month average target price of $152.08.

Its 50-day moving average was $130.38 and 200-day moving average was $132.57 The short ratio stood at 3.94 indicating a short percent outstanding of 0%.

Around 59% of the company’s stock are held by insiders while 8476.7% are held by institutions.