MTB
M&T Bank
PEG ratio, current and historical analysis
- Stocks
- Financial Services
- NYSE: MTB
- PEG Ratio
M&T Bank is trading with a PEG ratio of 0.64, based on Jun 22, 2026 data. Dividing the 12.68 PE ratio by the 19.7% earnings growth rate yields this valuation metric. Relative to the 0.69 average from the previous four quarters, the PEG ratio has decreased by 8%.
MTB PEG ratio history
Historically, M&T Bank shows a PEG ratio averaging 1.32 across the past ten years. At 0.64, today's PE to growth ratio sits 52% below its historical average. The ten years high occurred in the Mar 2025 quarter at 13.24, reflecting maximum valuation relative to growth. The minimum was hit in the Sep 2023 quarter at 0.11, indicating optimal value relative to growth during that period.
M&T Bank PEG ratio by year
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| 2025 | 0.73 | 11.78 | 16.2% |
| 2024 | N/A | 12.78 | -7.2% |
| 2023 | 0.24 | 8.65 | 36.8% |
| 2022 | N/A | 12.52 | -16.1% |
| 2021 | 0.29 | 11.12 | 38.9% |
| 2020 | N/A | 12.81 | -27.8% |
| 2019 | 1.56 | 12.34 | 7.9% |
| 2018 | 0.24 | 11.23 | 46.2% |
| 2017 | 1.66 | 19.61 | 11.8% |
| 2016 | 2.51 | 20.06 | 8% |
| 2015 | N/A | 16.78 | -3.3% |
| 2014 | N/A | 16.82 | -9.6% |
| 2013 | 1.55 | 14.09 | 9.1% |
| 2012 | 0.69 | 13.01 | 18.8% |
| 2011 | 1.05 | 11.98 | 11.4% |
M&T Bank PEG ratio by quarter (TTM)
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| Mar 2026 | 0.58 | 11.51 | 19.7% |
| Dec 2025 | 0.73 | 11.78 | 16.2% |
| Sep 2025 | 0.6 | 12.11 | 20.1% |
| Jun 2025 | 0.86 | 12.51 | 14.5% |
| Mar 2025 | 13.24 | 11.92 | 0.9% |
| Dec 2024 | N/A | 12.78 | -7.2% |
| Sep 2024 | N/A | 13.11 | -22.4% |
| Jun 2024 | N/A | 11.17 | -20.6% |
| Mar 2024 | 0.71 | 9.78 | 13.8% |
| Dec 2023 | 0.24 | 8.65 | 36.8% |
| Sep 2023 | 0.11 | 7.22 | 64.7% |
| Jun 2023 | 0.12 | 7.25 | 58.3% |
| Mar 2023 | N/A | 9.15 | -0.3% |
| Dec 2022 | N/A | 12.52 | -16.1% |
| Sep 2022 | N/A | 16.59 | -23.9% |
MTB average PEG ratio chart
MTB's PEG ratio today is below the 3, 5 and 10-year averages.
PEG comparison
With a PEG of 0.64, MTB is above the Financial Services sector and the industry average but below its peers average. Compared to its Financial Services sector average of 0.46, M&T Bank's PEG is 39% higher.
MTB EPS growth
MTB Price vs fair value
MTB PEG vs peers
Compared to its peers, MTB's PEG ratio is under BAC's and WFC's but above SHBI's. M&T Bank's PEG ratio of 0.64 is below the peer average of 0.75.
| Stock name | PEG ratio | Market cap |
|---|---|---|
| SHBI Shore Bancshares Inc | 0.47 | $753.43M |
| PNC Pnc Financial Services Group Inc | 0.65 | $95.54B |
| MTB M&T Bank Corp | 0.65 | $33.82B |
| BAC Bank Of America Corp | 0.68 | $411.25B |
| WTFC Wintrust Financial Corp | 0.73 | $10.61B |
| WFC Wells Fargo & Company | 0.78 | $257.48B |
| NBTB Nbt Bancorp Inc | 0.83 | $2.5B |
| BKU BankUnited Inc | 1.18 | $3.55B |
| CBSH Commerce Bancshares Inc | 2.29 | $8.16B |
| EGBN Eagle Bancorp Inc | N/A | $859.98M |
Frequently asked questions
What is M&T Bank's PEG ratio?
According to Jun 22, 2026 data, MTB's PEG ratio sits at 0.64.
What is the 3-year average PEG ratio for M&T Bank (MTB)?
MTB has a 3-year average PEG ratio of 1.91.
What is the 5-year average PEG ratio for M&T Bank (MTB)?
MTB has a 5-year average PEG ratio of 1.47.
What is the highest PEG ratio for MTB?
MTB's PEG ratio peaked at 13.24 during the Mar 2025 quarter - the highest in ten years.
How does the current PEG ratio for MTB compare to its historical average?
Compared to the 10-year average, MTB's PEG ratio is 52% lower.
How is MTB's PEG ratio calculated (M&T Bank PEG ratio formula)?
The PEG ratio comes from taking PE and dividing by the rate at which earnings are growing (YoY TTM). As of Jun 22, 2026, M&T Bank has a P/E ratio of 12.68. Earnings grew at 19.7% over the TTM period ending Mar 2026. Applying the formula, this produces a price to earnings growth ratio of 0.64. PEG RATIO(0.64) = PE RATIO(12.68) / EPS GROWTH(19.7%)
All PEG ratio stats are based on quarterly TTM periods, unless otherwise specified.