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Research & education only — not financial advice. EDGAR is not a registered investment adviser; calls are impersonal, generated from SEC filings and a delayed/third-party price feed, and may be wrong or out of date. The operator and an affiliated trading operation may hold or trade the securities EDGAR rates — see Disclosures. Do your own research.

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Home›Stocks›MTB-PK

MTB-PK

M&T BANK CORP

Last earnings +0.2% on 2026-04-15

Hold
$24.44
▲ +0.53%
$24.44▲ +1.65%
over 1Y
L $23.89EODHDH $24.86
Earnings Dividend Split Congress buy Congress sellGrouped by date · hover a pin to expand
Today+0.5%
1W-0.8%
1M-0.7%
3M+0.5%
YTD-1.5%
1Y+1.7%
OverviewFinancialsValuationQualityTimelineFilings
Rating
Hold
Quality
B+
Valuation
Undervalued
Filings
Watch
Hold
Conviction
Horizon
Medium (3–12mo)

Revenue grew 7.5% YoY; but high leverage (liabilities/equity 6.3x).

Revenue (FY2025) $1.66B · FY2025

The read

Middling fundamentals offset by an attractive price (~1490% below fair value) — worth a look on the value angle.

M&T BANK CORP shows $1.66B in FY2025 revenue (+7.5% YoY), a 172.1% net margin, and 9.8% ROE.

Financials · annual, by fiscal year

Line itemFY21FY22FY23FY24FY25
Revenue—$1.52B$1.48B$1.54B$1.66B
Gross profit—————
Operating income—————
Net income$1.86B$1.99B$2.74B$2.59B$2.85B
Diluted EPS$13.80$11.53$15.79$14.64$17.00
Net margin—130.6%184.7%167.9%172.1%

Annual figures from SEC 10-K XBRL filings. Open the filing links below for full statement detail.

Key statistics

Valuation

Enterprise value—
EV / EBITDA—
EV / Sales—
EV / FCF—
P / FCF1.3
PEG (trailing)0.14
Earnings yield78.3%
FCF yield75.4%

Quality & risk

ROIC (est.)—
Free cash flow$2.75B
Total debt$13.1B
Net cash$5.71B
Piotroski F-Score7/7

Capital returns

Buyback yield72.2%
Dividend yield (est.)24.7%
Shareholder yield96.9%
Shares Δ YoY-9.3%

Computed from SEC XBRL annual figures + the current quote. EV and ROIC use long-term + current debt where filed; estimates, not investment advice.

Disclosure timeline

SEC · 8-Ks + reports
Some governance/structural items recently, but no outright red flags.
  1. 8-K Officer / director change2026-06-16
  2. 10-Q Quarterly report2026-05-05
  3. 8-K Reg FD disclosure2026-05-01
  4. 8-K Shareholder vote2026-04-23
  5. 8-K Other event2026-04-20
  6. 8-K Earnings results2026-04-15
  7. 8-K Other event2026-03-30
  8. DEF 14A Proxy statement2026-03-10
  9. 10-K Annual report2026-02-18

Recent filings

all on EDGAR ↗
11-KPeriod ending 2025-12-312026-06-26open ↗3Period ending 2026-06-162026-06-17open ↗4Period ending 2026-06-152026-06-17open ↗8-KPeriod ending 2026-06-162026-06-16open ↗144Filing2026-06-15open ↗144Filing2026-06-15open ↗4Period ending 2026-06-092026-06-11open ↗144Filing2026-06-10open ↗144Filing2026-06-09open ↗4Period ending 2026-06-042026-06-08open ↗144Filing2026-06-04open ↗13F-HRPeriod ending 2026-03-312026-05-12open ↗

Quality score

B+
ValueGrowthProfitHealthMom.
ValueA-
GrowthB
ProfitabilityA-
Financial healthA-
Momentum—
  • ✓Revenue growing year-over-year
  • ✓Profitable (positive net income)
  • ✓Net margin above 10%
  • ✗Return on equity above 15%
  • ✓P/E below 25

Fair value est.

$388.55

Undervalued +1490% vs price

cheapfair valueexpensive

Modified Graham: EPS $17.00 × (8.5 + 1.5 × 8.8% growth) × 1.05 quality = 22.9× multiple. An estimate, not a price target.

Revenue
$1.66B
+7.5% YoY
Net margin
172.1%
ROE
9.8%
P/E
1.4

SEC fundamentals · FY 2025

'21'22'23'24'25

■ revenue · ■ net income, by fiscal year

Revenue$1.66B+7.5%
Net income$2.85B+10.2%
Diluted EPS$17.00+16.1%
Cash & equivalents$18.8B-9.7%
Total assets$214B+2.6%
Total liabilities$184B+2.9%
Stockholders' equity$29.2B+0.5%
L/E: 6.32x

Frequently asked

Is M&T BANK CORP (MTB-PK) a buy?
MTB-PK currently carries a Hold rating with 3/5 conviction, derived from its latest SEC filings. Revenue grew 7.5% YoY; but high leverage (liabilities/equity 6.3x).
What is MTB-PK's fair value?
A Modified-Graham model based on MTB-PK's SEC fundamentals estimates a fair value of about $388.55. It is an estimate from reported earnings, not a price target.
Is MTB-PK overvalued or undervalued?
Against a Modified-Graham fair-value estimate, MTB-PK currently appears undervalued relative to its SEC-grounded earnings power.
What is M&T BANK CORP's quality score?
MTB-PK scores 78.23529411764704/100 (grade B+) on a SEC-grounded quality model spanning value, growth, profitability, financial health and momentum.

Sources: SEC EDGAR (CIK 0000036270, latest 10-Q filed 2026-05-05) · EODHD · as of 6/20/2026, 7:21:24 AM.

Research and education only — not financial advice. EDGAR is not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities EDGAR rates; see Disclosures. Past performance does not guarantee future results. Do your own research.

Insider activity

Form 4 · SEC

Last 90 days: 0 open-market buys · 5 sales

2026-06-15
Taylor John R.
EVP and Controller
Exercise269.00 @ $190.78$51.3K
2026-06-15
Taylor John R.
EVP and Controller
Sell1.10K @ $233.23$256K
2026-06-09
PEARSON KEVIN J
Vice Chairman
Exercise10.1K @ $190.78$1.92M
2026-06-09
PEARSON KEVIN J
Vice Chairman
Exercise13.3K @ $164.54$2.19M
2026-06-09
PEARSON KEVIN J
Vice Chairman
Sell18.7K @ $225.20$4.22M
2026-06-09
PEARSON KEVIN J
Vice Chairman
Sell4.64K @ $226.70$1.05M
2026-06-04
PEARSON KEVIN J
Vice Chairman
Sell2.00K @ $220.00$440K
2026-05-07
Kay Christopher E.
Sr. Executive Vice President
Sell3.10K @ $216.50$672K
2026-04-30
Cruger William Frank Jr.
Director
Award687.00
2026-04-30
BARNES JOHN P
Director
Award664.00
2026-04-30
Charles Carlton J.
Director
Award664.00
2026-04-30
Chwick Jane
Director
Award664.00

Dividends

Semi-annual
Yield (TTM)
4.1%
Annual / share
$0.99
Last ex-date
2026-06-01
Last amount
$0.40
ex 2026-06-01$0.40
ex 2026-03-02$0.40
ex 2025-12-01$0.20

Source: EODHD. Yield = trailing-12-month dividends ÷ price.

Earnings history

beat/miss · move
2026-04-15—▲ +0.16%8-K ↗
2026-01-16—▲ 0.00%8-K ↗
2025-10-16——8-K ↗
2025-07-16——8-K ↗
2025-04-14——8-K ↗
2025-01-16——8-K ↗

Dates from 8-K (Item 2.02); beat/miss = reported EPS vs consensus (Finnhub, recent quarters); move = prior close → close on/after.

Recent news

market news →
M&T Bank (MTB) Renews Partnership with The Florida Bar to Provide Free Access to NotaBullish
finance.yahoo.com· 2026-06-27
M&T Bank Corporation (MTB) is a Top Dividend Stock Right Now: Should You Buy?Bullish
finance.yahoo.com· 2026-06-26
1 Unpopular Stock That Deserves Some Love and 2 That UnderwhelmBullish
finance.yahoo.com· 2026-06-25
What M&T Bank (MTB)'s New Board Addition and Revenue Beat Means For ShareholdersBullish
finance.yahoo.com· 2026-06-20
M&T Bank (MTB) Stock Faces Mixed Analyst Target Changes As Fair Value Edges HigherBullish
finance.yahoo.com· 2026-06-19
M&T Bank Corporation Announces Second Quarter 2026 Earnings Release and Conference CallBullish
finance.yahoo.com· 2026-06-17

Vs tracked universe

compare →

1043 tracked peers · median

EDGAR Score78 vs 67
Revenue growth7.5% vs 7.1%
Net margin172.1% vs 10.5%
Return on equity9.8% vs 12.3%
P/E1.4 vs 25.5

News sentiment

EODHD · 18d
Bullish
+0.12
vs typical · 19 articles
↓ cooling

Recent news tone vs the market's typical (which skews positive). A soft signal, not a recommendation.