0.81%
7.12%
2.24%
16.34%
40.53%
19.25%
18.33%
AI Spotlight on MTB
Company Description
M&T Bank Corporation operates as a bank holding company that provides commercial and retail banking services.The company's Business Banking segment offers deposit, lending, cash management, and other financial services to small businesses and professionals.Its Commercial Banking segment provides deposit products, commercial lending and leasing, letters of credit, and cash management services for middle-market and large commercial customers.
The company's Commercial Real Estate segment originates, sells, and services commercial real estate loans; and offers deposit services.Its Discretionary Portfolio segment provides deposits; securities, residential real estate loans, and other assets; and short and long term borrowed funds, as well as foreign exchange services.The company's Residential Mortgage Banking segment offers residential real estate loans for consumers and sells those loans in the secondary market; and purchases servicing rights to loans originated by other entities.
Its Retail Banking segment offers demand, savings, and time accounts; consumer installment loans, automobile and recreational finance loans, home equity loans and lines of credit, and credit cards; mutual funds and annuities; and other services.The company also provides trust and wealth management; fiduciary and custodial; insurance agency; institutional brokerage and securities; and investment management services.It offers its services through banking offices, business banking centers, telephone and internet banking, and automated teller machines.
As of December 31, 2021, the company operates 688 domestic banking offices in New York State, Maryland, New Jersey, Pennsylvania, Delaware, Connecticut, Virginia, West Virginia, and the District of Columbia; and a full-service commercial banking office in Ontario, Canada.M&T Bank Corporation was founded in 1856 and is headquartered in Buffalo, New York.
Market Data
| Last Price | 201.98 |
| Change Percentage | 0.81% |
| Open | 202.4 |
| Previous Close | 200.36 |
| Market Cap ( Millions) | 33513 |
| Volume | 867890 |
| Year High | 225.7 |
| Year Low | 128.31 |
| M A 50 | 201.62 |
| M A 200 | 174.01 |
Financial Ratios
| FCF Yield | 7.14% |
| Dividend Yield | 2.65% |
| ROE | 8.58% |
| Debt / Equity | 49.13% |
| Net Debt / EBIDTA | 458.07% |
| Price To Book | 1.17 |
| Price Earnings Ratio | 14.09 |
| Price To FCF | 14.01 |
| Price To sales | 2.96 |
| EV / EBITDA | 17.4 |
News
- Jan -30 - A Quest That Has Translated Into New Investments
- Jan -27 - M&T Bank Appoints Neeraj Singh as New Chief Risk Officer
- Jan -22 - M&T Bank Corporation Announces Common Stock Repurchase Program
- Jan -17 - The 3 Best Bank Stocks to Buy for 2025
- Jan -17 - Why M&T Bank Corporation (MTB) is a Top Dividend Stock for Your Portfolio
- Jan -16 - M&T Bank Q4 Earnings Beat Estimates on Fee Income Growth, Stock Up
- Jan -16 - M&T Bank: Continuing Market Perform Rating, Stick With It
- Jan -16 - M&T Bank Corporation (MTB) Q4 2024 Earnings Call Transcript
- Jan -16 - Here's What Key Metrics Tell Us About M&T Bank (MTB) Q4 Earnings
- Jan -16 - M&T Bank Corporation (MTB) Beats Q4 Earnings and Revenue Estimates
- Jan -16 - M&T Bank Corporation (NYSE:MTB) announces fourth quarter 2024 results
- Jan -13 - M&T Bank Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call
- Jan -13 - High Costs to Hurt M&T Bank's Q4 Earnings, Rise in NII & Loans to Aid
- Jan -13 - Gear Up for M&T Bank (MTB) Q4 Earnings: Wall Street Estimates for Key Metrics
- Jan -10 - M&T Bank Corporation Announces Quarterly Preferred Stock Dividends
- Jan -06 - M&T Bank Appoints Krista Phillips as Chief Customer Officer
- Jan -03 - Will M&T Bank (MTB) Beat Estimates Again in Its Next Earnings Report?
- Jan -03 - M&T Bank: Dividend Growth At A Good Price
- Dec -30 - S&P 500 Banks Perform Well in 2024: 5 Stocks Worth Considering
- Dec -19 - M&T Bank Corporation Announces Fourth Quarter and Full-Year 2024 Earnings Release and Conference Call
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Retail Bank
Expected Growth : 3.5 %
What the company do ?
M&T Bank's Retail Bank provides consumer and commercial banking services, including checking and savings accounts, loans, credit cards, and investment services to individuals and small businesses.
Why we expect these perspectives ?
M&T Bank Corporation's Retail Bank segment growth of 3.5% is driven by strategic expansion into new markets, increased digital banking adoption, and a focus on customer acquisition and retention. Additionally, the segment benefits from a strong brand reputation, competitive pricing, and a wide range of product offerings, including mortgages, credit cards, and deposit services.
Segment n°2 -> Commercial Bank
Expected Growth : 3.8 %
What the company do ?
M&T Bank Corporation's Commercial Bank provides financial services to businesses, governments, and institutions, offering loans, cash management, and trade finance solutions.
Why we expect these perspectives ?
M&T Bank Corporation's 3.8% growth in Commercial Banking is driven by a strong loan portfolio, fueled by a robust commercial real estate market and increasing demand for industrial and commercial loans. Additionally, the bank's strategic expansion into new markets, investments in digital banking, and cost-saving initiatives have contributed to its growth.
Segment n°3 -> Institutional Services and Wealth Management
Expected Growth : 4.2 %
What the company do ?
M&T Bank Corporation's Institutional Services and Wealth Management provides investment management, trust, and custody services to institutional clients, such as retirement plans, foundations, and endowments.
Why we expect these perspectives ?
M&T Bank Corporation's Institutional Services and Wealth Management segment growth of 4.2% is driven by increasing demand for investment management and trust services, expansion of commercial lending and cash management offerings, and strategic acquisitions. Additionally, the segment benefits from a strong brand reputation, diversified revenue streams, and a growing presence in the Mid-Atlantic region.
Segment n°4 -> All Other
Expected Growth : 3.2 %
What the company do ?
All Other from M&T Bank Corporation refers to the residual segment that includes all other businesses and operations not classified under the other reportable segments.
Why we expect these perspectives ?
M&T Bank's 3.2% growth in All Other segment is driven by increasing trust income, higher mortgage banking revenues, and growth in commercial mortgage loans. Additionally, the segment benefits from the company's expansion into new markets, strategic acquisitions, and a favorable interest rate environment, which supports loan growth and net interest income.
M&T Bank Corporation Products
| Product Range | What is it ? |
|---|---|
| Consumer Banking | M&T Bank offers a range of consumer banking products and services, including checking and savings accounts, credit cards, personal loans, and mortgages. |
| Business Banking | M&T Bank provides business banking services, including commercial loans, cash management, and trade finance, to help businesses grow and succeed. |
| Commercial Banking | M&T Bank offers commercial banking services, including commercial real estate lending, construction lending, and treasury management, to help businesses and institutions achieve their goals. |
| Wealth Management | M&T Bank's wealth management services include investment management, trust services, and estate planning, to help individuals and families achieve their long-term financial goals. |
| Mortgage Banking | M&T Bank offers mortgage banking services, including residential mortgage lending, to help individuals and families achieve homeownership. |
| Insurance | M&T Bank offers insurance services, including life insurance, disability insurance, and long-term care insurance, to help individuals and families protect their financial well-being. |
M&T Bank Corporation's Porter Forces
Threat Of Substitutes
M&T Bank Corporation operates in a highly competitive industry, and customers have various alternatives to choose from. However, the bank's strong brand reputation and extensive branch network help to mitigate the threat of substitutes.
Bargaining Power Of Customers
M&T Bank Corporation has a large customer base, but individual customers do not have significant bargaining power. The bank's diverse customer base and lack of concentration in a single industry reduce the bargaining power of customers.
Bargaining Power Of Suppliers
M&T Bank Corporation has a diverse supplier base, and no single supplier has significant bargaining power. The bank's large size and scale of operations also reduce the bargaining power of suppliers.
Threat Of New Entrants
The banking industry has high barriers to entry, including regulatory hurdles and significant capital requirements. These barriers make it difficult for new entrants to compete with established players like M&T Bank Corporation.
Intensity Of Rivalry
The banking industry is highly competitive, with many established players competing for market share. M&T Bank Corporation faces intense competition from other regional banks, national banks, and fintech companies.
Capital Structure
| Value | |
|---|---|
| Debt Weight | 32.87% |
| Debt Cost | 7.80% |
| Equity Weight | 67.13% |
| Equity Cost | 7.80% |
| WACC | 7.80% |
| Leverage | 48.97% |
M&T Bank Corporation : Quality Control
M&T Bank Corporation passed 4 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| PFBC | Preferred Bank provides various commercial banking products and services to small and mid-sized businesses and their owners, entrepreneurs, real estate developers and investors, professionals, and high net worth individuals in … |
| FCNCA | First Citizens BancShares, Inc. operates as the holding company for First-Citizens Bank & Trust Company that provides retail and commercial banking services to individuals, businesses, and professionals. The company's deposit … |
| PNC | The PNC Financial Services Group, Inc. operates as a diversified financial services company in the United States. The company's Retail Banking segment offers checking, savings, and money market accounts, as … |
| OPBK | OP Bancorp operates as the bank holding company for Open Bank that provides banking products and services in California. It offers demand, checking, savings, money market, and time deposit accounts, … |
| TFC | Truist Financial Corporation, a holding company, provides banking and trust services in the Southeastern and Mid-Atlantic United States. The company operates through three segments: Consumer Banking and Wealth, Corporate and … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
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M&T Bank
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