Fundamental analysis · SEC EDGAR · TTM through 30/06/2026

Fundamental analysis of M&t Bank Corp

MTB · NYSE · Financial

Fundamental quality

REASONABLE

73

out of 100

M&t Bank Corp earns a fundamental-quality score of 73 out of 100, profiling it as a company of reasonable quality. Its score rests mainly on its financial strength. Its weakest area is its profitability (ROE 10.9%). Whether it's cheap or expensive depends on the current price, which you can compute in the tool.

What the company does

M&T Bank is a U.S. Northeast regional bank known for conservative, disciplined commercial banking, with a heavy weighting toward business lending and commercial real estate. It has a reputation for managing risk well through the cycles.

What will shape its future

  • Its above-average exposure to commercial real estate and the health of that portfolio.
  • Net interest margin and deposit costs.
  • Its risk discipline, a long-standing hallmark.

Breakdown by area

I.Growth
67

EPS growth: 12.4%

II.Profitability
61

ROE: 10.9%

III.Financial health
89

Capital strength: 12.7%

For banks and financials, net debt/EBITDA and free cash flow don't apply (debt is their business). We use capital strength: equity over total assets. The higher it is, the bigger the cushion against losses.

Source: SEC EDGAR · TTM through 30/06/2026

The score includes +1 for dividend strength: 4 consecutive years of increases. Keeping that streak demands growing cash generation and balance-sheet discipline.

The score combines growth, profitability and financial strength. Here its financial strength weighs in its favor, while its profitability drags it down the most.

Why isn't a bank measured like other companies? Read the how to analyze a bank guide.

Key concepts

What do these metrics mean? Fundamental analysis · What is the P/E · What is EPS · What is ROE · Net & gross margin · Free cash flow

M&t Bank Corp strengths

  • Growing earnings per share (12.4% annualized).

M&t Bank Corp risks and weaknesses

  • No clear weaknesses in the recent fundamentals, though the system doesn't assess qualitative factors (competition, regulation, management).

Latest results

Versus the same period a year earlier

Figures for the half-year ended June 30, 2026, versus the half-year ended June 30, 2025 (SEC filings):

  • Net income+14%

Automatic comparison between the two most recent periods filed with the SEC. One quarter doesn't make a trend: read it alongside the historical evolution above.

Dividend

$5.7

per share, yearly

31.5% of earnings

Payout

4 straight years raising it

Growth

The dividend yield depends on today's price. Compute it in the analyzer → · See all dividend-paying stocks →

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Is M&t Bank Corp cheap or expensive?

That depends on the current price. Look it up, enter it in the tool and get the full valuation verdict (P/E against its sector).

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Frequently asked questions

Is M&t Bank Corp a good company to invest in?

In terms of business quality, M&t Bank Corp scores 73 out of 100 in our analysis, placing it as a company of reasonable quality. That said, this isn't a recommendation: whether it's a good investment also depends on its current price and your goals.

The thresholds are general and the system doesn't judge qualitative factors. See the full methodology and use this analysis as a first filter, never as a final decision.

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