Track M&T Bank Corporation — Monitor price, dividends, and performance in your free portfolio

Start Tracking Free

M&T Bank Corporation MTB · Stock Open M&T Bank Corporation in new tab

217.35 USD
P/E
11.71
EPS
18.89
Yield
2.71%
Safety Score
82
P/B
1.26
ROE
10.74
Beta
0.56
Target Price
257.86 USD
M&T Bank Corporation logo

M&T Bank Corporation

🧾 Earnings Recap – Q2 2026

M&T Bank’s shares rose 5.0% following Q2 2026 results, driven by broad-based earnings strength including record diluted EPS and robust loan growth, which collectively outpaced market expectations.

  • Diluted GAAP EPS reached $5.32, a significant increase from $4.13 in the prior quarter, marking the highest quarterly EPS in the bank’s history.
  • Net income rose to $818 million, up from $664 million sequentially, supported by the highest quarterly net interest income since 2023 and record fee income (excluding notable prior period items).
  • Average loans grew $3 billion to $141.4 billion, led by commercial lending which expanded $2.3 billion, with notable strength in middle market and business banking.
  • Strong asset quality continued, with net charge-offs at 23 basis points and a decline in commercial criticized loans by $0.7 billion for the ninth consecutive quarter.
  • Net interest margin remained stable at 3.70% amid growing loan balances and higher funding costs, reflecting disciplined margin management despite expansion.
📅
Loading chart...
Key Metrics
Earnings dateOct. 16, 2026
P/E11.71
EPS18.89
Book Value176.03
Price to Book1.26
% Insiders0.323%
Growth
Revenue Growth0.06%
Earnings Growth0.26%
Estimates
Forward P/E10.49
Forward EPS21.09
Target Mean Price257.86
Dividend
Dividend Yield2.71%
Annual dividends6.00 USD
Ex-Div. DateSept. 1, 2026
Payout35.18%
5y avg Yield3.31%

DCF Valuation

Tweak assumptions to recompute fair value for M&T Bank Corporation (MTB)
Currency: USD
DCF Assumptions
Decimal (e.g., 0.10 = 10%). Range allows declines (−50%) to strong growth (+50%).
Decimal (e.g., 0.30 = 30%).
Decimal (e.g., 0.04 = 4%).
Decimal (e.g., 0.20 = 20%).
Percent number (e.g., 3 = 3%).
Percent number (e.g., 10 = 10%).
Percent number (e.g., 5 = 5%).
DCF Result

Fair Value (DCF)
—
Current Price
—
Upside
—
WACC
—
Terminal PV
—
Σ PV of FCFs
—
Note: historical bars show reported FCF (for context); forward bars show PV of projected FCF; if no per-year data, totals are shown.

M&T Bank Corporation Logo M&T Bank Corporation Analysis (MTB)

United States Financials Official Website Stock

Is M&T Bank Corporation a good investment? M&T Bank Corporation (MTB) is currently trading at 217.35 USD. Market analysts have a consensus price target of 257.86 USD. This suggests a potential upside from current levels.

In terms of valuation, the stock trades at a P/E ratio of 11.71. This relatively low multiple may signal that M&T Bank Corporation is undervalued compared to historical market norms.

Earnings Schedule: M&T Bank Corporation is expected to release its next earnings report on Oct. 16, 2026. The market consensus estimate for Forward EPS is 21.09.

For income investors, M&T Bank Corporation pays a dividend yield of 2.71%. With a payout ratio of 35%, the dividend appears sustainable.

Investor FAQ

Does M&T Bank Corporation pay a dividend?

Yes, it pays an annual dividend of 6.00 USD (2.71% yield).

What asset class is M&T Bank Corporation?

M&T Bank Corporation is classified as a Stock. You can compare it against 3 other assets in the "Related Symbols" list on this page.

When is the next earnings date?

The next earnings date is projected to be Oct. 16, 2026. The company currently has a trailing EPS of 18.89.

Company Profile

M&T Bank Corporation operates as a bank holding company for Manufacturers and Traders Trust Company and Wilmington Trust, National Association that provides retail and commercial banking products and services in the United States. The company operates through three segments: Commercial Bank, Retail Bank, and Institutional Services and Wealth Management. It offers a range of credit products and banking services, such as commercial lending and leasing, letters of credits, deposit products, cash management services, commercial real estate loans, and credit facilities secured by various commercial real estate properties to middle-market and large commercial customers. The company also provides customers deposit products, including demand, savings and time accounts, and other services; automobile and recreational finance loans, home equity loans and lines of credit, credit cards, and other loan products, as well as residential mortgage and real estate loans; business loans, cash management, payroll, direct deposit, and merchant credit card services to consumers and small businesses through branch network, telephone banking, internet banking, and automated teller machines. In addition, it offers trustee, agency, investment management, and administrative services; personal trust, planning and advisory, fiduciary, asset management, family office, and other services; and investment products, including mutual funds and annuities, and other services for corporations and institutions, investment bankers, corporate tax, finance and legal executives, and other institutional clients. M&T Bank Corporation was founded in 1856 and is headquartered in Buffalo, New York.

Exchange Ticker
NYQ (United States) MTB
SAO (Brazil) M1TB34.SA
FRA (Germany) MTZ.F
Trades
Dividend Yield
2.71%
5y avg 3.31%
Annual Dividends
6.00USD
Next Ex. Div Date
Sept. 1, 2026
Payout Ratio
35.18%
Dividend History paid per year (USD)
Historical Dividends
Year Total Dividends
▸2027
4.72 USD
Sept. 30, 2027 (estimated) 1.5798
June 30, 2027 (estimated) 1.5798
March 31, 2027 (estimated) 1.5653
▸2026
6.08 USD
Dec. 31, 2026 (estimated) 1.5798
Sept. 30, 2026 1.5000
June 30, 2026 1.5000
March 31, 2026 1.5000
▸2025
5.70 USD
Dec. 31, 2025 1.5000
Sept. 30, 2025 1.5000
June 30, 2025 1.3500
March 31, 2025 1.3500
▸2024
5.35 USD
Dec. 31, 2024 1.3500
Sept. 30, 2024 1.3500
June 28, 2024 1.3500
March 29, 2024 1.3000
▸2023
5.20 USD
Dec. 29, 2023 1.3000
Sept. 29, 2023 1.3000
June 30, 2023 1.3000
March 31, 2023 1.3000
▸2022
4.80 USD
Dec. 30, 2022 1.2000
Sept. 30, 2022 1.2000
June 30, 2022 1.2000
March 31, 2022 1.2000
▸2021
4.50 USD
Dec. 31, 2021 1.2000
Sept. 30, 2021 1.1000
June 30, 2021 1.1000
March 31, 2021 1.1000
▸2020
4.40 USD
Dec. 31, 2020 1.1000
Sept. 30, 2020 1.1000
June 30, 2020 1.1000
March 31, 2020 1.1000
▸2019
4.10 USD
Dec. 31, 2019 1.1000
Sept. 30, 2019 1.0000
June 28, 2019 1.0000
March 29, 2019 1.0000
▸2018
3.55 USD
Dec. 31, 2018 1.0000
Sept. 28, 2018 1.0000
June 29, 2018 0.8000
March 30, 2018 0.7500
▸2017
3.75 USD
Dec. 29, 2017 0.7500
Sept. 29, 2017 0.7500
June 30, 2017 0.7500
May 15, 2017 0.7500
March 31, 2017 0.7500
▸2016
2.80 USD
Dec. 30, 2016 0.7000
Sept. 30, 2016 0.7000
June 30, 2016 0.7000
March 31, 2016 0.7000
▸2015
2.80 USD
Dec. 29, 2015 0.7000
Sept. 30, 2015 0.7000
June 30, 2015 0.7000
March 31, 2015 0.7000
▸2014
2.80 USD
Dec. 31, 2014 0.7000
Sept. 30, 2014 0.7000
June 30, 2014 0.7000
March 31, 2014 0.7000
▸2013
2.80 USD
Dec. 31, 2013 0.7000
Sept. 30, 2013 0.7000
June 28, 2013 0.7000
March 29, 2013 0.7000
▸2012
2.80 USD
Dec. 31, 2012 0.7000
Sept. 28, 2012 0.7000
June 29, 2012 0.7000
March 30, 2012 0.7000
▸2011
2.80 USD
Dec. 30, 2011 0.7000
Sept. 30, 2011 0.7000
June 30, 2011 0.7000
March 31, 2011 0.7000
▸2010
2.80 USD
Dec. 31, 2010 0.7000
Sept. 30, 2010 0.7000
June 30, 2010 0.7000
March 31, 2010 0.7000
▸2009
2.80 USD
Dec. 31, 2009 0.7000
Sept. 30, 2009 0.7000
June 30, 2009 0.7000
March 31, 2009 0.7000
▸2008
2.80 USD
Dec. 31, 2008 0.7000
Sept. 30, 2008 0.7000
June 30, 2008 0.7000
March 31, 2008 0.7000
▸2007
2.60 USD
Dec. 31, 2007 0.7000
Sept. 28, 2007 0.7000
June 29, 2007 0.6000
March 30, 2007 0.6000
▸2006
2.25 USD
Dec. 29, 2006 0.6000
Sept. 29, 2006 0.6000
June 30, 2006 0.6000
March 31, 2006 0.4500
▸2005
1.75 USD
Dec. 30, 2005 0.4500
Sept. 30, 2005 0.4500
June 30, 2005 0.4500
March 31, 2005 0.4000
▸2004
1.60 USD
Dec. 31, 2004 0.4000
Sept. 30, 2004 0.4000
June 30, 2004 0.4000
March 31, 2004 0.4000
▸2003
1.20 USD
Dec. 31, 2003 0.3000
Sept. 30, 2003 0.3000
June 30, 2003 0.3000
March 31, 2003 0.3000
▸2002
1.05 USD
Dec. 31, 2002 0.3000
Sept. 30, 2002 0.2500
June 28, 2002 0.2500
March 29, 2002 0.2500
▸2001
1.00 USD
Dec. 31, 2001 0.2500
Sept. 28, 2001 0.2500
June 29, 2001 0.2500
March 30, 2001 0.2500
▸2000
4.00 USD
Dec. 29, 2000 0.2500
Sept. 29, 2000 1.2500
June 30, 2000 1.2500
March 31, 2000 1.2500
▸1999
4.50 USD
Dec. 30, 1999 1.2500
Sept. 30, 1999 1.2500
June 30, 1999 1.0000
March 31, 1999 1.0000
▸1998
4.80 USD
Dec. 31, 1998 1.0000
Sept. 30, 1998 1.0000
June 30, 1998 2.0000
March 31, 1998 0.8000
▸1997
3.20 USD
Dec. 31, 1997 0.8000
Sept. 30, 1997 0.8000
June 30, 1997 0.8000
March 31, 1997 0.8000
▸1996
2.80 USD
Dec. 31, 1996 0.7000
Sept. 30, 1996 0.7000
June 28, 1996 0.7000
March 29, 1996 0.7000
▸1995
2.50 USD
Dec. 29, 1995 0.7000
Sept. 29, 1995 0.6000
June 30, 1995 0.6000
March 31, 1995 0.6000
▸1994
2.20 USD
Dec. 28, 1994 0.6000
Sept. 29, 1994 0.6000
June 29, 1994 0.5000
March 30, 1994 0.5000
▸1993
1.90 USD
Dec. 28, 1993 0.5000
Sept. 28, 1993 0.5000
June 29, 1993 0.5000
March 30, 1993 0.4000
▸1992
1.60 USD
Dec. 22, 1992 0.4000
Sept. 22, 1992 0.4000
June 23, 1992 0.4000
March 24, 1992 0.4000
▸1991
1.40 USD
Dec. 24, 1991 0.3500
Sept. 24, 1991 0.3500
June 25, 1991 0.3500
March 26, 1991 0.3500
▸1990
1.25 USD
Dec. 18, 1990 0.3500
Sept. 25, 1990 0.3000
June 26, 1990 0.3000
March 27, 1990 0.3000
▸1989
1.10 USD
Dec. 19, 1989 0.3000
Sept. 26, 1989 0.3000
May 31, 1989 0.2500
March 28, 1989 0.2500
▸1988
0.95 USD
Dec. 20, 1988 0.2500
Sept. 19, 1988 0.2500
June 27, 1988 0.2500
March 22, 1988 0.2000
▸1987
1.40 USD
Dec. 21, 1987 0.2000
Sept. 21, 1987 0.4000
June 22, 1987 0.4000
March 23, 1987 0.4000
▸1986
28.00 USD
Nov. 24, 1986 7.0000
Aug. 26, 1986 7.0000
May 27, 1986 7.0000
Feb. 25, 1986 7.0000
▸1985
25.00 USD
Nov. 25, 1985 7.0000
Aug. 27, 1985 6.0000
May 28, 1985 6.0000
Feb. 26, 1985 6.0000
Upcoming Dividends
Name Payment Date Status Amount
M&T Bank Corporation Sep 30, 2026 1.5 USD
M&T Bank Corporation Jun 30, 2026 1.5 USD
M&T Bank Corporation Mar 31, 2026 1.5 USD
M&T Bank Corporation Dec 31, 2025 1.5 USD
Stock Splits
Split Date Split Ratio to 1
Oct. 6, 2000 10:1
Explore Premium Features

Unlock detailed news and exclusive insights with our Premium subscription.

See Pricing Plans

Fundamentals

Under Construction

This feature will be available soon. Stay tuned!

Follow us on Twitter for updates: @allinvestview

Check out our Roadmap for upcoming features.

Community Discussion