M&T Bank Corporation
Statements
Ratios
Valuation ratios (P/E, P/S, EV/EBITDA and the other multiples) are based on the closing price at the end of each period, not on the current price. Margins and returns are shown in percent, multiples without a unit, per-share figures in the reporting currency, net debt in millions.
Tick rows to compare them in a chart (up to 4)
| Line item | 1996 | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||||||||||||||||||||||
| 13.6 | 18.4 | 19.8 | 12.6 | 19.8 | 19.1 | 16.6 | 19.9 | 18.0 | 16.2 | 16.6 | 13.7 | 11.5 | 20.2 | 14.1 | 12.0 | 13.0 | 14.1 | 15.5 | 15.4 | 18.7 | 18.5 | 10.3 | 11.8 | 12.1 | 10.6 | 11.9 | 8.4 | 12.2 | 11.1 | |
| 1.8 | 2.6 | 2.5 | 1.9 | 2.7 | 2.8 | 3.4 | 3.9 | 4.0 | 3.4 | 3.2 | 2.0 | 1.5 | 2.0 | 2.7 | 2.3 | 2.9 | 3.3 | 3.5 | 3.3 | 4.3 | 4.3 | 3.1 | 3.3 | 2.6 | 3.3 | 2.8 | 1.8 | 2.3 | 2.6 | |
| 2.3 | 3.1 | 2.6 | 1.9 | 2.1 | 2.5 | 2.5 | 2.0 | 2.3 | 2.2 | 2.2 | 1.4 | 0.9 | 1.0 | 1.2 | 1.1 | 1.3 | 1.4 | 1.3 | 1.0 | 1.5 | 1.6 | 1.3 | 1.5 | 1.0 | 1.1 | 0.9 | 0.8 | 1.1 | 1.1 | |
| 2.3 | 3.1 | 3.5 | 3.0 | 4.7 | 4.8 | 5.9 | 6.4 | 6.6 | 6.0 | 5.2 | 5.1 | 4.5 | 4.8 | 5.1 | 3.6 | 4.0 | 4.0 | 4.1 | 4.5 | 5.1 | 4.7 | 3.6 | 3.1 | -0.7 | -3.3 | 0.6 | 0.5 | 1.8 | 2.1 | |
| 9.5 | 12.2 | 13.9 | 10.3 | 17.5 | 15.9 | 16.3 | 18.2 | 16.9 | 16.6 | 16.2 | 19.9 | 20.8 | 25.5 | 15.5 | 11.2 | 10.5 | 9.9 | 10.5 | 12.1 | 12.9 | 11.3 | 8.7 | 7.5 | -2.1 | -7.2 | 1.6 | 1.6 | 6.4 | 6.5 | |
| 9.6 | 9.4 | 208.4 | 5.7 | 17.3 | 55.3 | 13.0 | 9.5 | 20.4 | 57.3 | 31.1 | 7.3 | 4.2 | 6.8 | 6.4 | 6.0 | 32.8 | 20.0 | 16.1 | 10.0 | 22.9 | 9.7 | 9.9 | 10.5 | 26.6 | 7.7 | 5.5 | 6.3 | 9.3 | 11.0 | |
| 10.4% | 10.7% | 0.5% | 17.4% | 5.8% | 1.8% | 7.7% | 10.6% | 4.9% | 1.7% | 3.2% | 13.6% | 24.1% | 14.7% | 15.5% | 16.5% | 3.0% | 5.0% | 6.2% | 10.0% | 4.4% | 10.4% | 10.1% | 9.5% | 3.8% | 13.0% | 18.3% | 15.9% | 10.8% | 9.1% | |
| Margins | ||||||||||||||||||||||||||||||
| 56.3% | 56.0% | 55.0% | 56.6% | 54.4% | 59.4% | 69.6% | 77.7% | 79.7% | 71.0% | 63.8% | 57.8% | 58.9% | 66.5% | 78.5% | 84.7% | 88.2% | 90.3% | 91.5% | 90.0% | 89.2% | 90.8% | 89.8% | 86.7% | 82.1% | 99.4% | 88.8% | 70.0% | 64.3% | 74.6% | |
| 21.3% | 22.4% | 20.1% | 23.8% | 21.3% | 22.6% | 30.4% | 28.8% | 32.9% | 31.3% | 28.2% | 21.6% | 17.4% | 13.7% | 28.3% | 27.8% | 33.5% | 36.5% | 34.7% | 33.5% | 36.0% | 38.6% | 38.9% | 36.7% | 28.2% | 40.4% | 31.0% | 28.9% | 24.7% | 30.0% | |
| 12.9% | 14.0% | 12.8% | 15.1% | 13.6% | 14.7% | 20.6% | 19.4% | 22.3% | 20.9% | 19.2% | 14.6% | 13.1% | 10.0% | 19.1% | 19.5% | 22.2% | 23.5% | 22.5% | 21.6% | 23.0% | 23.4% | 29.7% | 27.8% | 21.5% | 30.6% | 23.6% | 21.9% | 19.3% | 23.2% | |
| 18.3% | 27.5% | 1.2% | 33.1% | 15.6% | 5.1% | 26.4% | 40.7% | 19.6% | 5.9% | 10.3% | 27.4% | 36.0% | 29.8% | 41.5% | 38.7% | 8.8% | 16.6% | 21.7% | 33.2% | 18.8% | 44.9% | 30.9% | 31.4% | 9.8% | 42.2% | 51.7% | 29.2% | 25.3% | 23.2% | |
| Returns | ||||||||||||||||||||||||||||||
| 16.7% | 17.1% | 13.0% | 14.8% | 10.6% | 12.9% | 15.1% | 10.0% | 12.6% | 13.3% | 13.4% | 10.1% | 8.2% | 4.9% | 8.8% | 9.3% | 10.1% | 10.1% | 8.6% | 6.7% | 8.0% | 8.7% | 12.4% | 12.3% | 8.4% | 10.4% | 7.9% | 10.2% | 8.9% | 9.8% | |
| 1.2% | 1.3% | 1.0% | 1.2% | 1.0% | 1.2% | 1.5% | 1.2% | 1.4% | 1.4% | 1.5% | 1.0% | 0.8% | 0.6% | 1.1% | 1.1% | 1.2% | 1.3% | 1.1% | 0.9% | 1.1% | 1.2% | 1.6% | 1.6% | 0.9% | 1.2% | 1.0% | 1.3% | 1.2% | 1.3% | |
| Balance Sheet & Debt | ||||||||||||||||||||||||||||||
| 653 | 710 | 1,506 | 1,960 | 4,304 | 5,165 | 5,750 | 7,603 | 8,324 | 9,626 | 8,879 | 13,793 | 12,922 | 10,408 | 9,403 | 5,592 | 4,969 | 3,545 | 2,839 | 5,723 | 4,584 | 2,414 | 3,542 | -1,473 | -20,775 | -39,677 | -18,956 | -16,283 | -7,117 | -5,709 | |
| 2.3 | 2.2 | 3.7 | 3.8 | 7.5 | 6.6 | 6.8 | 7.3 | 6.6 | 7.2 | 6.3 | 12.1 | 14.0 | 14.7 | 7.4 | 3.9 | 2.8 | 1.8 | 1.5 | 3.1 | 2.0 | 1.0 | 1.3 | -0.5 | -9.9 | -14.3 | -6.2 | -4.0 | -1.9 | -1.4 | |
| 7.0% | 7.4% | 7.8% | 8.0% | 9.3% | 9.3% | 9.7% | 11.5% | 10.8% | 10.7% | 11.0% | 10.0% | 10.3% | 11.3% | 12.3% | 11.9% | 12.3% | 13.3% | 12.8% | 13.2% | 13.4% | 13.7% | 12.9% | 13.1% | 11.4% | 11.5% | 12.6% | 12.9% | 13.9% | 13.7% | |
| 1.3 | 1.1 | 1.4 | 1.4 | 1.9 | 2.1 | 2.1 | 1.7 | 1.7 | 1.9 | 1.7 | 2.4 | 2.1 | 1.5 | 1.2 | 0.8 | 0.7 | 0.6 | 0.9 | 0.9 | 0.7 | 0.5 | 0.9 | 0.5 | 0.3 | 0.2 | 0.3 | 0.5 | 0.5 | 0.4 | |
| Per Share | ||||||||||||||||||||||||||||||
| 2.12 | 2.53 | 2.62 | 3.28 | 3.44 | 3.82 | 4.78 | 4.95 | 6.00 | 6.73 | 7.37 | 5.95 | 5.01 | 3.31 | 6.19 | 6.37 | 7.57 | 8.26 | 8.09 | 7.85 | 8.36 | 9.23 | 13.85 | 14.35 | 10.51 | 14.43 | 12.14 | 16.41 | 15.47 | 18.21 | |
| 16.40 | 18.06 | 20.40 | 21.75 | 25.21 | 26.06 | 23.20 | 25.51 | 26.92 | 32.16 | 38.27 | 40.62 | 38.36 | 33.10 | 32.51 | 32.60 | 34.05 | 35.11 | 35.92 | 36.32 | 36.37 | 39.46 | 46.60 | 51.62 | 48.80 | 47.17 | 51.44 | 74.89 | 80.12 | 78.63 | |
| 12.72 | 14.79 | 20.15 | 22.19 | 32.46 | 29.70 | 31.62 | 49.31 | 47.59 | 50.56 | 55.14 | 58.95 | 61.18 | 67.55 | 70.33 | 68.71 | 75.02 | 82.02 | 93.56 | 117.60 | 104.81 | 106.53 | 111.62 | 116.89 | 125.77 | 138.99 | 154.35 | 161.42 | 173.48 | 186.37 | |
| 3.00 | 4.97 | 0.25 | 7.21 | 3.94 | 1.32 | 6.12 | 10.39 | 5.27 | 1.91 | 3.93 | 11.14 | 13.81 | 9.85 | 13.51 | 12.62 | 3.00 | 5.82 | 7.78 | 12.07 | 6.84 | 17.72 | 14.38 | 16.21 | 4.79 | 19.92 | 26.58 | 21.85 | 20.28 | 18.27 | |
Data as of: October 6, 2026 · Source: fundamental data & SEC filings (annual and quarterly reports, 10-K/10-Q)
Note: pure fact-based analysis, not investment advice and not a solicitation to buy or sell. All figures without guarantee.