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

As at Sep 11, 2024, the MTB stock has a price-to-earnings ratio of 12.24. This is based on the current EPS of $13.55 and the stock price of $165.89 per share. An increase of 33% has been recorded in the PE ratio compared to the average of 9.2 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 13.8. The current 12.24 P/E ratio is 11% 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 Sep 2023 quarter marked the lowest point at 7.22, with a price of $126.45 and an EPS of $17.51.

Average
13.8
Median
13.15
Minimum
7.22
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
2023 8.65 -30.91%
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%

MTB average PE ratio chart

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

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

3-year avg
10.99
5-year avg
11.01
10-year avg
13.8
15-year avg
14.32

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 PNC, but it is higher than WFC's and WTFC's. M&T Bank's current PE ratio of 12.24 is lower than the average of its peers, which is 14.44.

Stock name PE ratio Market cap
WTFC Wintrust Financial Corp 10.47 $6.79B
WFC Wells Fargo & Company 10.88 $182.88B
EVBN Evans Bancorp Inc 11.13 $213.46M
MTB M&T Bank Corp 12.24 $27.7B
BAC Bank Of America Corp 13.59 $302.62B
PNC Pnc Financial Services Group Inc 14.83 $70.4B
BKU BankUnited Inc 15.44 $2.61B
NBTB Nbt Bancorp Inc 16.84 $2.07B
CBSH Commerce Bancshares Inc 16.85 $7.82B
SHBI Shore Bancshares Inc 19.97 $459.1M
EGBN Eagle Bancorp Inc N/A $625.27M

Frequently asked questions

What is M&T Bank's PE ratio?

As of Sep 11, 2024, MTB stock has a price to earnings ratio of 12.24.

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 10.99.

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 11.01.

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 11% below its 10-year historical average.

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 11, 2024), M&T Bank's stock price is $165.89. The earnings per share for the trailing twelve months (TTM) ending Jun 2024 is $13.55. Therefore, M&T Bank's PE ratio for today is 12.24. PE RATIO(12.24) = STOCK PRICE($165.89) / TTM EPS($13.55)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from and Sharadar.