Full text
Earnings transcript
Read the complete earnings call transcript.
MTB
M&T Bank Corporation
$210.16
1.18
(0.56%)
| Exchange: | NYSE |
| Market Cap: | 31.314B |
| Shares Outstanding: | 54.146M |
About The Company
| Sector: | Financial Services | |||||
| Industry: | Banks – Regional | |||||
| CEO: | Rene F. Jones | |||||
| Full Time Employees: | 22291 | |||||
| Address: |
| |||||
| Website: | http://www.mtb.com |
M&T Bank Corporation operates as a bank holding company that provides commercial and retail banking services. 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 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 originated by other entities. 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 services. It offers its services through banking offices, business banking centers, telephone and internet banking, and automated teller machines. As of December 31, 2021, the company operates 688 domestic banking offices in New York State, Maryland, New Jersey, Pennsylvania, Delaware, Connecticut, Virginia, West Virginia, and the District of Columbia; and a full-service commercial banking office in Ontario, Canada. M&T Bank Corporation was founded in 1856 and is headquartered in Buffalo, New York.
Click to read more…
Revenue Segmentation
EPS
Historical EPS and analyst estimates in one chart. Log in for the full interactive view and links to detailed estimates.
Earnings Call
AI summary
Key takeaways
Short, structured highlights from the call so you can focus on what matters.
Log in to continue
Log in to read the full transcript and AI-generated earnings summaries.
Login — it's freeIncome Statement
| Year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Revenue | 12,507,000 | 13,405,000 | 12,309,000 |
| Gross Profit | 8,753,000 | 8,621,000 | 9,185,000 |
| EBITDA | 4,116,000 | 3,818,000 | 3,956,000 |
| Operating Income | 3,619,000 | 3,310,000 | 3,692,000 |
| Net Income | 2,741,000 | 2,588,000 | 2,851,000 |
(* All numbers are in thousands)
Balance Sheet
| Year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Total Assets | 208,264,000 | 208,105,000 | 213,510,000 |
| Total Liabilities | 181,307,000 | 179,078,000 | 184,333,000 |
| Total Stockholders Equity | 26,957,000 | 29,027,000 | 29,177,000 |
| Total Debt | 13,517,000 | 13,665,000 | 13,060,000 |
| Cash and Cash Equivalents | 29,800,000 | 20,782,000 | 18,769,000 |
(* All numbers are in thousands)
Cash Flow Statement
| Year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating Cash Flow | 3,905,000 | 3,610,000 | 3,003,000 |
| Capital Expenditure | -256,000 | -216,000 | 0 |
| Free Cash Flow | 3,649,000 | 3,394,000 | 3,003,000 |
| Net Income | 2,741,000 | 2,588,000 | 2,851,000 |
| Net Change in Cash | 211,000 | 178,000 | -2,013,000 |
(* All numbers are in thousands)
Analyst Estimates
| Fiscal Year | 2028 | Full Access | Full Access | Full Access | Full Access |
|---|---|---|---|---|---|
| Estimated Revenue (Low) | 10,712,219.341 | Full Access | Full Access | Full Access | Full Access |
| Estimated Revenue (High) | 10,794,634.424 | Full Access | Full Access | Full Access | Full Access |
| Estimated Revenue (Avg) | 10,753,426.883 | Full Access | Full Access | Full Access | Full Access |
| Estimated Ebitda (Low) | 3,757,382.609 | Full Access | Full Access | Full Access | Full Access |
| Estimated Ebitda (High) | 3,786,290.251 | Full Access | Full Access | Full Access | Full Access |
| Estimated Ebitda (Avg) | 3,771,836.430 | Full Access | Full Access | Full Access | Full Access |
| Estimated Net Income (Low) | 3,326,807.630 | Full Access | Full Access | Full Access | Full Access |
| Estimated Net Income (High) | 3,845,416.060 | Full Access | Full Access | Full Access | Full Access |
| Estimated Net Income (Avg) | 3,586,111.845 | Full Access | Full Access | Full Access | Full Access |
| Estimated SGA Expense (Low) | 3,178,289.799 | Full Access | Full Access | Full Access | Full Access |
| Estimated SGA Expense (High) | 3,202,742.156 | Full Access | Full Access | Full Access | Full Access |
| Estimated SGA Expense (Avg) | 3,190,515.978 | Full Access | Full Access | Full Access | Full Access |
| Estimated EPS (Avg) | 23.090 | Full Access | Full Access | Full Access | Full Access |
| Estimated EPS (High) | 24.560 | Full Access | Full Access | Full Access | Full Access |
| Estimated EPS (Low) | 21.250 | Full Access | Full Access | Full Access | Full Access |
| Number of Analysts (Estimated Revenue) | 4 | Full Access | Full Access | Full Access | Full Access |
| Number of Analysts (Estimated EPS) | 5 | Full Access | Full Access | Full Access | Full Access |
Log in to continue
Log in and subscribe to Full Access to see up to 5 years of analyst estimates.
Login — it's free(* All numbers are in thousands)
Current Key Metrics
Log in to continue
Log in to see all key valuation metrics and ratios for this symbol.
Login — it's freeForward P/E Ratios
Log in to continue
Log in with Full Access for forward P/E high/low estimates and the full multi-year table.
Login — it's freeSWOT Analysis
Strengths (preview)
- Solid Financial Performance: MTB demonstrates consistent revenue and net income growth as reflected in recent income statements, with positive trends in operating cash flow and free cash flow. This indicates strong operational efficiency and financial stability within the banking sector.
- Strong Balance Sheet Metrics: The balance sheet data shows a healthy level of cash and cash equivalents alongside manageable total liabilities relative to total assets. A reasonable debt-to-equity ratio (TTM) further supports MTB’s capacity to sustain growth without over-leveraging.
- Competitive Dividend Yield: With a notable dividend yield (TTM) and a history of consistent dividend payments (lastDiv), MTB offers attractive returns for income-focused investors, enhancing its appeal in the regional banking industry.
Log in with Full Access for Weaknesses, Opportunities, Threats, and the complete SWOT.
At what price to buy it? -
Intrinsic Value Calculator
Based on current fundamentals and analyst forecasts, MARKETSnap estimates MTB intrinsic value between $238.35 – $298.03 per share. This depends on revenue growth, margins, and discount rate.
This is an automatic estimate. The most reliable way to know fair value for your own assumptions is to run the calculator below.
Common questions about MTB valuation
Is M&T Bank Corporation (MTB) overvalued or undervalued right now?
MARKETSnap estimates intrinsic value for M&T Bank Corporation (MTB) using its proprietary valuation methodology, which incorporates discounted cash flow (DCF) analysis together with long-term earnings and fundamentals assumptions. By comparing intrinsic value to the current market price, long-term investors can see whether the stock screens as potentially overvalued, fairly valued, or undervalued today.
Is MTB a buy, hold, or sell for long-term investors?
MARKETSnap does not give one-word “buy” or “sell” calls. Instead, it shows whether MTB trades at a premium or discount to its estimated intrinsic value, how sensitive that value is to growth and margin assumptions, and how the stock fits into a diversified, long-term portfolio so investors can make their own buy, hold, or sell decision.
What is MTB’s P/E ratio?
You can see MTB’s trailing P/E (TTM) and forward P/E estimates in the Current Key Metrics and Forward P/E Ratios sections above. The P/E ratio compares the current share price to earnings per share and helps investors gauge valuation relative to earnings.
How is intrinsic value calculated for MTB?
MARKETSnap uses its own valuation framework—not a generic spreadsheet DCF alone. Future cash flows and earnings are projected, discounted, and combined with MARKETSnap’s methodology so intrinsic value reflects fundamentals and long-term assumptions. You can run your own inputs and see the result using the Intrinsic Value Calculator above.
Is MTB a good long-term investment?
Whether MTB fits a long-term portfolio depends on your assumptions about growth, margins, and risk. MARKETSnap provides the metrics, intrinsic value calculator, and SWOT context so you can form your own view rather than rely on a single buy/sell rating.
MTB
1-day price chart preview. Log in for 1W through 5Y ranges and period tabs.
0.56
Trading Metrics:
| Open: | 205.27 | Previous Close: | 208.98 | |
| Day Low: | 204.92 | Day High: | 210.63 | |
| Year Low: | 150.75 | Year High: | 239 | |
| Price Avg 50: | 216.05 | Price Avg 200: | 200.15 | |
| Volume: | 497129 | Average Volume: | 1.281M |
Log in to continue
Log in for multi-period charts (1W–5Y), period tabs, and the same layout as members.
Login — it's freeMTB full analysis
Welcome to MARKETSNAP’s SWOT analysis for M&T Bank Corporation, a key player in the financial sector that’s been on the radar of many long-term investors. If you’re looking to deepen your portfolio with a solid regional banking stock, stick around as we break down the strengths, weaknesses, opportunities, and threats surrounding M&T Bank. We’ll dive into their recent performance, key financials, and what’s shaping their future, all with a long-term investment lens. Let’s get started! General Overview of M&T Bank…
