M&T Bank Corporation (MTB) fair value analysis
S&P 500 · Updated 2026-10-19
MTB price how computed
Forward Fair Value verdict
Fairly valuedMTB is trading at within about 10% of estimated fair value.
Based on TickrTrends' weekly Forward Fair Value model.
- Last price
- $217.49
- Sector
- Financial Services
- 12-month range
- $180.90–$254.09
- Market cap
- $31.4B
- From 52-week high
- -14.4%
- Shares outstanding
- 144M
- Rank in Financial Services by discount to fair value
- #86 of 167
Last price is our 2026-10-19 weekly price; the chart runs through 2026-10-16.
M&T Bank Corporation is a bank holding company that provides retail and commercial banking services, including deposit products, loans, and wealth management solutions to customers across multiple states. The company operates primarily in the northeastern United States, with a significant presence in New York and Pennsylvania, as well as operations in other regions including Maryland, Delaware, New Jersey, and Virginia.
MTB currently ranks #86 of 167 Financial Services stocks by discount to fair value. It has screened as Fairly valued for 14 consecutive weekly runs.
Fundamentals (4 quarters) how computed
- Market cap
- $31.4B
- P/E (trailing)
- 11x
- Revenue (TTM)
- $13.3B
- Net margin
- 22.6%
- EPS (TTM)
- $19.23
- Gross margin
- 70.4%
- Debt / equity
- 0.23
- Revenue growth (3-yr avg)
- 1.1%
- Shares outstanding
- 144M
Derived indicators how computed
- Quality grade
- C
- Margin trend
- Contracting
- 52-week position
- The lower-middle quarter of its range
Technicals how computed
- RSI (14-day)
- 34 · neutral
- 50-day average
- $232.19
- 200-day average
- $224.52
- Moving-average state
- 50-day above 200-day (golden cross state); price between the averages
Dividends how computed
- Paid, last 12 months
- $6.00 per share (4 payments)
- Yield on last price
- 2.76%
- Consecutive years of increases
- 9
- Last ex-dividend date
- 2026-09-01
- Last payment date
- 2026-09-30
Earnings how computed
- Last 8 quarters vs consensus
- 7 beat, 1 missed
- Quarter by quarter
- 2026-09 ▲ beat (+2.0%)
2026-06 ▲ beat (+14.8%)
2026-03 ▲ beat (+2.7%)
2025-12 ▲ beat (+4.5%)
2025-09 ▲ beat (+9.8%)
2025-06 ▲ beat (+5.7%)
2025-03 ▼ miss (-2.4%)
2024-12 ▲ beat (+0.8%)
Analyst consensus how computed
This is not TickrTrends' verdict.
- Analyst ratings
- 5 buy · 14 hold · 1 sell (20 analysts)
- Consensus lean
- Hold-leaning
- Consensus price target
- $249
- Target vs last price
- +14.5%
What our data shows for MTB
- Our model validated 17 trailing price-to-earnings windows for MTB, built from quarterly earnings records.
- Shares are trading in the middle of their 12-month price range of $180.90–$254.09.
- The 14-day relative strength index sits at a neutral 34.
The exact numbers are one step away
- The precise Forward Fair Value dollar figure for MTB
- Exact discount / premium to today's price
- The normalized historical P/E behind the estimate, and how many quarters support it
- Forward EPS input and fiscal-year basis
- Screeners and rankings across the full S&P 500 and Nasdaq universes
Forward Fair Value applies a conservatively normalized historical price-to-earnings multiple to the consensus earnings estimate for the next full fiscal year; how TickrTrends computes it.
Recent MTB news
TickrTrends' derived news-sentiment signal for MTB is currently leaning positive, computed from recent coverage.
- MTB Maintained by Citigroup -- Price Target Raised to $230 (gurufocus.com, 2026-10-21)
TickrTrends take: Citigroup's maintained rating on MTB combined with a price target increase to $230 reflects analyst confidence in the company's fundamentals within the Financial Services sector. Given TickrTrends' current assessment of MTB as fairly valued, investors monitoring valuation metrics should track whether the stock's movement toward the raised price target will shift the valuation characterization, particularly as broader banking sector conditions evolve. A fairly valued designation suggests limited margin of safety at current levels, making the analyst's price target trajectory a key reference point for reassessing valuation appeal. - M&T Bank Corporation FIX TO FLT PFD H declares $0.3515 dividend (NYSE:MTB.PR.H) (seekingalpha.com, 2026-10-20)
TickrTrends take: M&T Bank Corporation's preferred stock dividend declaration occurs within a context where TickrTrends currently assesses the company as fairly valued. For valuation-focused readers, the sustainability and consistency of preferred dividend payments warrant monitoring, as these fixed obligations represent a claim on earnings ahead of common equity. Changes in MTB's profitability or capital position could influence both the dividend's stability and whether the fairly valued assessment shifts in coming quarters. - M&T Bank Corporation 7.5% DEP SHS J declares $0.4688 dividend (NYSE:MTB.PR.J) (seekingalpha.com, 2026-10-20)
TickrTrends take: M&T Bank Corporation's preferred share dividend declaration reflects the income component of its capital structure at a time when TickrTrends rates the company as fairly valued. For investors focused on valuation metrics, the sustainability of this preferred dividend payout relative to the bank's earnings power and capital generation in the Financial Services sector warrants monitoring alongside any changes in the company's overall valuation assessment. The fixed dividend rate on preferred shares provides a defined income stream, though valuation-conscious investors should track whether MTB's core earnings trajectory supports the current fairly valued designation going forward.
More MTB news
- M&T Bank: Upside Case Remains Intact After Q3 (NYSE:MTB) (seekingalpha.com, 2026-10-17)
- Consider M&T Bank As It Holds Up In A Tough Operating Environment (NYSE:MTB) (seekingalpha.com, 2026-10-16)
- M&T Bank: Resilient Credit And Capital Make Shares Attractive (Upgrade) (NYSE:MTB) (seekingalpha.com, 2026-10-16)
- Is M&T Bank Corp (MTB) Overvalued After Q3 Earnings Beat? EPS $5.04, Revenue $2.53B; GF Score: 84/100 (gurufocus.com, 2026-10-16)
- MTB Maintained by Cantor Fitzgerald -- Price Target Lowered to $255 (gurufocus.com, 2026-10-14)
- M&T Bank Corporation (MTB) Earnings Expected to Grow: Should You Buy? (zacks.com, 2026-10-09)
- MTB Maintains by UBS -- Price Target Lowered to $238 (gurufocus.com, 2026-10-05)
- Why M&T Bank Corporation (MTB) is a Top Dividend Stock for Your Portfolio (zacks.com, 2026-10-02)
What people are saying
Follow the MTB conversation: Stocktwits · Reddit · X
TickrTrends weekly updates
- 2026-10-19 — MTB's balance-sheet leverage band improved from moderate to low this week, while its gross-margin trend shifted from expanding to contracting. The relative strength index moved from oversold territory into neutral range. The stock remains fairly valued according to current valuation metrics.
- 2026-10-12 — No material change this week: the verdict, bands and grades all held steady.
- 2026-10-11 — No material change this week: the verdict, bands and grades all held steady.
- 2026-10-10 — MTB's relative strength index has moved into oversold territory this week, shifting from a neutral zone reading. The Financial Services sector stock remains fairly valued according to current valuation metrics despite this technical indicator change.
- 2026-10-06 — No material change this week: the verdict, bands and grades all held steady.
- 2026-09-28 — TickrTrends' derived indicators show that MTB's sector discount rank improved this week, moving from #111 to #96 among Financial Services companies. The stock maintains a Fairly valued verdict as of the current period.
- 2026-09-21 — No material change this week: the verdict, bands and grades all held steady.
- 2026-09-17 — No material change this week: the verdict, bands and grades all held steady.
Frequently asked questions
Is MTB stock undervalued?
Based on TickrTrends' Forward Fair Value model (updated 2026-10-19), MTB is trading at within about 10% of estimated fair value and screens as fairly valued. The exact fair value and discount are available to subscribers.
What is MTB's TickrTrends verdict?
MTB's current verdict is Fairly valued, refreshed with every weekly Forward Fair Value run.
How does MTB compare to other Financial Services stocks?
MTB ranks #86 of 167 Financial Services stocks in TickrTrends' coverage by discount to fair value.
Is MTB overbought or oversold?
MTB's 14-day RSI is in neutral territory - neither overbought nor oversold.
Does MTB pay a dividend?
Yes. MTB paid $6.00 per share over the last twelve months (4 payments), a 2.76% yield on TickrTrends' last price, and has raised the annual total for 9 consecutive years. The last ex-dividend date was 2026-09-01.
Does MTB usually beat earnings estimates?
Over its last 8 reported quarters MTB beat the consensus estimate 7 times and missed 1 times, by TickrTrends' comparison of reported and estimated EPS.
What do analysts say about MTB?
Of 20 analysts covering MTB, 5 rate it a buy, 14 a hold and 1 a sell - hold-leaning, with a consensus price target of $249 (+14.5% versus TickrTrends' last price). This is the analyst consensus, not TickrTrends' Forward Fair Value verdict.
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