MTB

M&T Bank Corporation

Financial Services · $31.9B market cap

Verdict

Share price

$219.14

close of Oct 3, 2026

Fair value

$297.03

Sticker Price

Payback Price

$118.81

buy price

Undervalued

MTB is Undervalued: at $219.14 it trades 26% below its fair value of $297.03. Its buy price (Payback Price) is $118.81, 46% below today's price. Business quality is limited: none of the 5 key numbers clears the 10% bar.

How we valued it

Justified P/B (Financials). A bank or insurer. These are best valued on their book value and how much they earn on it.

Business quality

0 of 5 clear the 10% bar. What are the Big Five?

Earnings per share growth9.0% a year✗
Equity per share growth6.5% a year✗
Sales growth5.8% a year✗
Free cash flow growth7.6% a year✗
Return on invested capital6.3%✗

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Superinvestors

2 of the investors we track hold MTB. In Q2 2026, 1 sold out. Who we track

Moves in Q2 2026

Sold out: Francois Rochon

Insider activity

Since Jun 15, 2026: no open-market purchases, 7 sales worth $1.6M and 5 other filings (stock awards, tax withholding and similar). Why purchases matter

Sales

Other filings

About M&T Bank Corporation

M&T Bank Corporation functions as a bank holding entity, delivering a broad spectrum of financial solutions to both commercial enterprises and individual consumers. Its Business Banking division caters to small businesses and professionals, providing essential services such as deposit accounts, credit facilities, and treasury management solutions. The Commercial Banking arm extends its reach to middle-market and…

Banks - Regional

Fair value and Payback Price are estimates from the company's reported financials, not investment advice. Prices as of the close of Oct 3, 2026. How the Payback Price works