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MTB M&T Bank PE ratio, current and historical analysis

As at Sep 28, 2023, the MTB stock has a price-to-earnings ratio of 7.41. This is based on the current EPS of $17.06 and the stock price of $126.46 per share. A decrease of 35% has been recorded in the PE ratio compared to the average of 11.4 of the last four quarters.

MTB PE ratio history

How has MTB's PE ratio performed in the past

The mean historical PE ratio of M&T Bank over the last ten years is 14.35. The current 7.41 P/E ratio is 48% lower than the historical average. In the past ten years, MTB's PE ratio peaked in the Mar 2018 quarter at 20.88, with a price of $184.36 and an EPS of $8.83. The Jun 2023 quarter marked the lowest point at 7.25, with a price of $123.76 and an EPS of $17.06.

Average
14.35
Median
14.84
Minimum
7.25
Maximum
20.88

M&T Bank PE ratio by year

Maximum annual increase: 19.55% in 2016

Maximum annual decrease: -42.73% in 2018

Year PE ratio Change
2022 12.52 12.59%
2021 11.12 -13.19%
2020 12.81 3.81%
2019 12.34 9.88%
2018 11.23 -42.73%
2017 19.61 -2.24%
2016 20.06 19.55%
2015 16.78 -0.24%
2014 16.82 19.38%
2013 14.09 8.3%

MTB average PE ratio chart

What is the average PE ratio of MTB for the past years

MTB's current P/E ratio is lower than the 3, 5 and 10-year averages.

3-year avg
11.8
5-year avg
11.65
10-year avg
14.35
15-year avg
14.74

MTB PE vs peers

What is MTB's PE ratio compared to its peers

MTB's PE ratio stands lower than its peer stocks BAC and WFC, but it is higher than BKU's and EGBN's. M&T Bank's current PE ratio of 7.41 is lower than the average of its peers, which is 8.13.

Stock name PE ratio Market cap
EGBN Eagle Bancorp Inc 5.15 $646.42M
EVBN Evans Bancorp Inc 6.55 $148.55M
BKU BankUnited Inc 6.71 $1.72B
SHBI Shore Bancshares Inc 7.38 $349.78M
MTB M&T Bank Corp 7.43 $21.03B
WTFC Wintrust Financial Corp 7.82 $4.68B
BAC Bank Of America Corp 7.82 $217.53B
PNC Pnc Financial Services Group Inc 8.45 $49.12B
NBTB Nbt Bancorp Inc 9.89 $1.37B
WFC Wells Fargo & Company 10.1 $148.8B
CBSH Commerce Bancshares Inc 12.2 $6.08B

Frequently asked questions

What is M&T Bank's PE ratio?

As of Sep 28, 2023, MTB stock has a price to earnings ratio of 7.41.

What is the 3-year average PE ratio for M&T Bank (MTB)?

The average PE ratio for MTB stock over the past 3 years is 11.8.

What is the 5-year average PE ratio for M&T Bank (MTB)?

The average PE ratio for MTB stock over the past 5 years is 11.65.

What is the highest PE ratio for MTB?

Over the last ten years, the quarterly PE ratio reached a historic high of 20.88 in the Mar 2018 quarter.

How does the current PE ratio for MTB compare to its historical average?

MTB's current price to earnings ratio is 48% below its 10-year historical average.

Why is M&T Bank's PE ratio so low?

MTB's PE ratio of 7.41 is considered low because the company's stock price is trading at a lower multiple of earnings.

How is MTB's PE ratio calculated (M&T Bank PE ratio formula)?

The P/E ratio is calculated by taking the latest stock price and dividing it by the EPS for the last 12 months. As of today (Sep 28, 2023), M&T Bank's stock price is $126.46. The earnings per share for the trailing twelve months (TTM) ending Jun 2023 is $17.06. Therefore, M&T Bank's PE ratio for today is 7.41. PE RATIO(7.41) = STOCK PRICE($126.46) / TTM EPS($17.06)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.