MTB M&T Bank PE ratio, current and historical analysis
- Stocks
- Financial Services
- NYSE: MTB
- PE Ratio
As at May 30, 2025, the MTB stock has a price-to-earnings ratio of 12.18. This is based on the current EPS of $15 and the stock price of $182.64 per share. The current PE ratio is comparable to the past four-quarter average.
MTB PE ratio history
The mean historical PE ratio of M&T Bank over the last ten years is 13.47. The current 12.18 P/E ratio is 10% 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.
M&T Bank PE ratio by year
Maximum annual increase: 47.75% in 2024
Maximum annual decrease: -42.73% in 2018
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2024 | 12.78 | 47.75% | $188.01 | $14.71 |
| 2023 | 8.65 | -30.91% | $137.08 | $15.85 |
| 2022 | 12.52 | 12.59% | $145.06 | $11.59 |
| 2021 | 11.12 | -13.19% | $153.58 | $13.81 |
| 2020 | 12.81 | 3.81% | $127.3 | $9.94 |
| 2019 | 12.34 | 9.88% | $169.75 | $13.76 |
| 2018 | 11.23 | -42.73% | $143.13 | $12.75 |
| 2017 | 19.61 | -2.24% | $170.99 | $8.72 |
| 2016 | 20.06 | 19.55% | $156.43 | $7.8 |
| 2015 | 16.78 | -0.24% | $121.18 | $7.22 |
| 2014 | 16.82 | 19.38% | $125.62 | $7.47 |
| 2013 | 14.09 | 8.3% | $116.42 | $8.26 |
| 2012 | 13.01 | 8.6% | $98.47 | $7.57 |
| 2011 | 11.98 | -21.29% | $76.34 | $6.37 |
| 2010 | 15.22 | -34.03% | $87.05 | $5.72 |
M&T Bank PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Mar 2025 | 11.92 | -6.73% | $178.75 | $15 |
| Dec 2024 | 12.78 | -2.52% | $188.01 | $14.71 |
| Sep 2024 | 13.11 | 17.37% | $178.12 | $13.59 |
| Jun 2024 | 11.17 | 14.21% | $151.36 | $13.55 |
| Mar 2024 | 9.78 | 13.06% | $145.44 | $14.87 |
| Dec 2023 | 8.65 | 19.81% | $137.08 | $15.85 |
| Sep 2023 | 7.22 | -0.41% | $126.45 | $17.51 |
| Jun 2023 | 7.25 | -20.77% | $123.76 | $17.06 |
| Mar 2023 | 9.15 | -26.92% | $119.57 | $13.07 |
| Dec 2022 | 12.52 | -24.53% | $145.06 | $11.59 |
| Sep 2022 | 16.59 | 12.17% | $176.32 | $10.63 |
| Jun 2022 | 14.79 | 14.39% | $159.39 | $10.78 |
| Mar 2022 | 12.93 | 16.28% | $169.5 | $13.11 |
| Dec 2021 | 11.12 | 3.93% | $153.58 | $13.81 |
| Sep 2021 | 10.7 | -4.21% | $149.34 | $13.96 |
MTB Price vs fair value
MTB average PE ratio chart
MTB's current P/E ratio is above the 3 and 5-year averages, but it is lower than the 10-year average.
MTB PE vs peers
MTB's PE ratio stands lower than its peer stocks BAC and WFC, but it is higher than WTFC's and BKU's. M&T Bank's current PE ratio of 12.18 is lower than the average of its peers, which is 12.48.
| Stock name | PE ratio | Market cap |
|---|---|---|
| SHBI Shore Bancshares Inc | 9.72 | $483.59M |
| BKU BankUnited Inc | 10.52 | $2.56B |
| WTFC Wintrust Financial Corp | 11.63 | $7.99B |
| MTB M&T Bank Corp | 12.18 | $29.32B |
| PNC Pnc Financial Services Group Inc | 12.26 | $68.75B |
| BAC Bank Of America Corp | 13.02 | $332.38B |
| WFC Wells Fargo & Company | 13.28 | $243.35B |
| NBTB Nbt Bancorp Inc | 13.77 | $1.98B |
| CBSH Commerce Bancshares Inc | 15.64 | $8.41B |
| EGBN Eagle Bancorp Inc | N/A | $534.64M |
Frequently asked questions
What is M&T Bank's PE ratio?
As of May 30, 2025, MTB stock has a price to earnings ratio of 12.18.
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 11.24.
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 11.3.
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 10% 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 (May 30, 2025), M&T Bank's stock price is $182.64. The earnings per share for the trailing twelve months (TTM) ending Mar 2025 is $15. Therefore, M&T Bank's PE ratio for today is 12.18. PE RATIO(12.18) = STOCK PRICE($182.64) / TTM EPS($15)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.