M&T Bank (MTB)
NYSEFinancialsBanks - RegionalSnapshot 2026-11-04
$224.64+1.16%
Close 2026-11-04 · 1-day change
NYSEFinancialsBanks - RegionalSnapshot 2026-11-04
Research Workspace
Put MTB beside peers and holdings, graph the same metric, and keep your notes with the evidence.
Daily closes. Earnings/event dots are placed inline.
Industries move in repeating boom-and-bust cycles. This shows where this stock’s industry sits in that cycle, stage by stage (recovery → expansion → supercycle → steady → deceleration → contraction), from its fundamentals (orders, revenue, capital spending), not the stock’s price.
A booming industry is a tailwind for the names in it; a contracting one is a headwind. Companies in the same industry tend to rise and fall together with the cycle, the way a tide lifts and lowers every boat in the harbor at once, so a large part of a stock’s swing can come from where its industry sits rather than from the company itself. It’s context for reading the company’s results, not a buy/sell call. Full explanation →
Regional Banks is in steady. Describes the industry's cycle state, not a call on this stock.
The stage band shows the industry’s cycle over the chart’s timeline (each color a stage); a ▼ marks a quarter its growth inflected down — amber is an unconfirmed watch, red is confirmed the next quarter. Use “Overlay cycle on chart” to tint the price chart by stage. The industry’s fundamentals, not a signal on this stock.
The reason to own it still holds.
View ThesisRevenue is growing steadily — about 6% over the past year.
View GrowthMiddle-of-the-pack quality for its industry.
View QualityManagement screens strong on capital allocation, earnings delivery, the balance sheet, market reaction to earnings.
View ManagementExpectations look reasonable — what the market is pricing in sits in line with or below what analysts forecast.
View ValuationRelatively steady — typically moves about 1% a day.
View RiskHealthy across the board
M&T Bank's steady earnings growth has to keep compounding to justify the price. Revenue grew 5% year over year in the second quarter. The third quarter beat estimates with earnings of $5.08 per share. The stock trades at 1.2 times book value. This matches the 1.2 times peer median. The price reflects less growth than we forecast. Higher interest rates may slow loan growth. Management expects net interest margins to decline slightly. Peer multiples imply a price roughly in line with where it trades. Our read remains intact. This read is provisional.
Trailing returns as of 2026-11-04. MTB is total return (includes dividends); the S&P 500 benchmark is price return (the index excludes dividends).
Based on 22 analysts currently covering MTB (as of Nov 2026).
Based on 13 Wall Street analysts offering 12-month price targets for MTB in the last 4 months.
Continue this research
Compare MTB with peers and holdings, graph the same reported metric, keep your questions beside the evidence, and return when the facts change.
Compare now without an account. Saving and monitoring require an account.
| Compare | Company | Living FV | P/E | Revenue % | Quality |
|---|---|---|---|---|---|
| MTB Selected company | Graph | Compare | Trend | Review | |
| Peer Add a competitor | Graph | Compare | Trend | Review | |
| Holding Compare a holding | Graph | Compare | Trend | Review |
Selected metric trend
Quarterly · checked companies · value or % of revenue
A consensus fair price across 10 valuation methods, at three horizons. As of 2026-11-04. Estimates are diagnostics, not price targets. Short-horizon estimates are close to coin-flips, so confidence is a method-agreement read, not a prediction.
Today's peer multiple on trailing earnings, with no growth credited. This is the headline read.
Adds projected growth, so it leans optimistic by design. Read it as upside context, not a base case.
A price-focused, side-by-side fair-value read versus Regional Banks — fair value, gap to price, and forward P/E.
Compare the value case
Put MTB next to peers and holdings, compare Living FV and multiples, then graph the driver behind the difference.
Threatens: Grow loan portfolio with focus on commercial and consumer loans
Higher rates may slow loan growth and impact demand.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
End-of-day figures as of 2026-11-04. EPS is implied from price ÷ P/E. Not investment advice.
Current $224.64
The last 12 months of price, then the range of analyst 12-month targets from today’s $224.64.
Analyst ratings and price targets are third-party Wall Street estimates, not QuarterlyIQ’s view. Not investment advice.
A long-thesis check that carries the widest uncertainty of the three horizons.
Top 25% on quality vs scored peers
A second lens on the 12-month fair value: for companies that score high on measured quality (profitability, balance-sheet safety, earnings stability), this read trusts more of today's profit margins instead of averaging them toward their multi-year history the way the headline number does. Shown alongside the fair value above, not in place of it. A diagnostic, not a price target or a buy/sell signal.
Direction of the business behind the multiple. Bands are backend reads; trailing-12-month basis.
Upgrade indicates positive sentiment on future earnings potential.
Advances: Return capital to shareholders via share repurchases and dividends
Dividend declaration supports capital return objective.
Advances: Grow loan portfolio with focus on commercial and consumer loans
Loan and NII growth aligns with growth objectives.
Advances: Grow loan portfolio with focus on commercial and consumer loans
Earnings beat indicates strong loan growth and revenue improvement.
Advances: Grow loan portfolio with focus on commercial and consumer loans
Earnings beat supports growth in loan portfolio.
Advances: Grow loan portfolio with focus on commercial and consumer loans
Sales exceeding estimates indicates strong loan growth.
Advances: Grow loan portfolio with focus on commercial and consumer loans
Higher NII and loan growth support growth objective.