M&T Bank (MTB) fundamentals: P/E, valuation, undervalued?

M&T Bank · Financials · ref. ETF XLF · price $238.68
Logo M&T BankSee the full M&T Bank (MTB) profile
In short — M&T Bank trades at 12.8× earnings (P/E), 11.3× forward, with a net margin of 32.1 % and revenue growth of +6 %. Read: Cheap for the growth (P/E 11 for ~26% growth (PEG 0.4)).

Is M&T Bank stock cheap or undervalued? A good time to buy? Here are its fundamentals — P/E, PEG, margin and income statement — to judge its valuation.

📈 1-year price
$238.68+18.9% over range
Aug 28, 25low $178.63 · high $254.09Aug 27, 26
📏 Click 2 points (left → right) to measure the change · click again to clear.
SellBuy
Hold
17% recommend buying · 12 analysts
Valuation : Cheap for the growth — P/E 11 for ~26% growth (PEG 0.4)

Valuation

12.8
P/E (price/earnings)
11.3
Forward P/E
0.50
PEG
1.4
Price/book (P/B)
$34.5B
Market cap
18.66
EPS

Profitability & growth

32.1 %
Net margin
+6 %
Revenue growth
+26 %
Earnings growth
$18.7B
Total debt

M&T Bank income statement

Fiscal yearRevenueNet incomeMargin
2022$8.2B$1.9B23.1 %
2023$9.6B$2.6B27.3 %
2024$9.3B$2.4B26.4 %
2025$9.7B$2.7B27.9 %
⚠️ Indicative financial data (Yahoo Finance), not investment advice. Amounts in $.

Frequently asked questions

What is M&T Bank's P/E and is the stock undervalued? What's a good P/E?

M&T Bank's P/E is 12.8 (forward 11.3). Below ~15 = fairly cheap, above ~30 = expensive. Our valuation verdict: "Cheap for the growth".

Is M&T Bank profitable?

M&T Bank has a net margin of 32.1 % (EPS 18.66). The company is profitable.

Is MTB stock expensive?

Our read: "Cheap for the growth" — P/E 11 for ~26% growth (PEG 0.4). Cross-check with growth and sector.

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