M&T BankMTB.NValuation Analysis
Based on the blended 10-year P/E and P/B percentiles, the stock currently sits in the “Fair Value Range” zone.
As of Oct 16, 2026, M&T Bank (MTB.N) trades at a P/E of 10.80x, P/B of 1.11x, P/S of 3.11x, and a dividend yield of 2.10%.
Longitudinal percentile comparison: P/E sits at the 27th percentile over the trailing 10Y window (vs. 32nd percentile over 3Y); P/B sits at the 42nd percentile over the trailing 10Y window (vs. 73rd percentile over 3Y); P/S sits at the 32nd percentile over the trailing 10Y window (vs. 45th percentile over 3Y).
Cross-sectional valuation: its P/E ranks at the 25th percentile within its industry and the 22nd percentile across the broader market.
Shareholder return highlight: Total Shareholder Yield is 10.56%, ranking at the 85th percentile over the trailing 20Y window.
Cross-checking P/E against P/B, the two percentiles sit within 15.0 points of each other — a consistent signal from both angles. Its P/E percentile is roughly the same whether measured against the industry or the broader market. Of the 10.56% total shareholder yield, 2.10% is paid out as dividends and roughly 8.46% is implied to come from buybacks — both channels are meaningfully in play. M&T Bank operates in the Finance, Insurance, And Real Estate sector. Data refreshes weekly and is for reference only, not investment advice.
Also listed as: NYSE: MTB · MTB
Want the full picture on whether M&T Bank (MTB.N) is under- or over-valued? See the full 3Y / 5Y / 10Y / 20Y P/E, P/B, P/S, Dividend Yield & Total Shareholder Yield percentile matrix and the interactive ECharts trend chart on this page.
Historical Percentiles by Metric
| Metric | Current | Market Percentile | Industry Percentile | 3Y Pctl | 5Y Pctl | 10Y Pctl | 20Y Pctl |
|---|---|---|---|---|---|---|---|
| P/E (TTM) | 10.80 | ||||||
| P/B (MRQ) | 1.11 | ||||||
| P/S (TTM) | 3.11 | ||||||
| Dividend Yield | 2.10% | ||||||
| Buyback + Div Yield | 10.56% |