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

As at Jan 21, 2025, the MTB stock has a price-to-earnings ratio of 14.59. This is based on the current EPS of $13.59 and the stock price of $198.26 per share. An increase of 37% has been recorded in the PE ratio compared to the average of 10.7 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 13.61. The current 14.59 P/E ratio is 7% higher 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
13.61
Median
12.93
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, 5 and 10-year averages.

3-year avg
11.2
5-year avg
11.03
10-year avg
13.61
15-year avg
14

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 WTFC's and SHBI's. M&T Bank's current PE ratio of 14.59 is lower than the average of its peers, which is 15.54.

Stock name PE ratio Market cap
SHBI Shore Bancshares Inc 11.92 $524.23M
EVBN Evans Bancorp Inc 13.15 $243.06M
WTFC Wintrust Financial Corp 14.13 $9.1B
MTB M&T Bank Corp 14.59 $32.9B
WFC Wells Fargo & Company 15.95 $259.2B
BKU BankUnited Inc 16.38 $3B
PNC Pnc Financial Services Group Inc 16.77 $78.79B
BAC Bank Of America Corp 16.78 $358.02B
NBTB Nbt Bancorp Inc 16.96 $2.3B
CBSH Commerce Bancshares Inc 17.84 $8.82B
EGBN Eagle Bancorp Inc N/A $758.06M

Frequently asked questions

What is M&T Bank's PE ratio?

As of Jan 21, 2025, MTB stock has a price to earnings ratio of 14.59.

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 11.2.

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 11.03.

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 7% above 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 (Jan 21, 2025), M&T Bank's stock price is $198.26. The earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $13.59. Therefore, M&T Bank's PE ratio for today is 14.59. PE RATIO(14.59) = STOCK PRICE($198.26) / TTM EPS($13.59)

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