M&T Bank PE ratio MTB

Share price divided by earnings per share over the last twelve months, since 2010.

Today, Oct 23, 2026: 11.7×
10-year median: 12.7×
Against its 10-year history: 31st; percentile: 0 is its lowest day, 100 its highest
10-year range: 6.5× to 22.6×
Peer median: 12.3×

M&T Bank's PE ratio is 11.7× as of Oct 23, 2026: a share price of $221.66 against $18.94 of earnings per share over the last twelve months.

That is below its ten-year median of 12.7×, lower than on 69% of days in the last ten years.

Over that time it ranged from 6.5× in Oct 2023 to 22.6× in Mar 2018.

The median for 10 regional banks of a similar size is 12.3×.

PE ratio over time

median 12.7×

The dashed line is the 10-year median and the shaded band the middle half of its days.

Open the interactive chart, with overlays and comparisons

Year by year

Year	End of year	Low	High
2026 so far	11.7×	11.4×	14.7×
2025	12.8×	10.7×	14.9×
2024	14.0×	7.7×	16.4×
2023	7.9×	6.5×	15.1×
2022	13.7×	11.5×	17.6×
2021	11.0×	10.4×	15.9×
2020	12.7×	6.7×	12.8×
2019	12.2×	10.3×	15.6×
2018	12.8×	12.6×	22.6×
2017	19.7×	16.9×	22.5×
2016	21.0×	14.0×	21.1×
2015	16.2×	15.6×	17.8×
2014	18.0×	12.6×	18.1×
2013	13.2×	12.6×	16.3×
2012	15.2×	11.5×	18.6×
2011	11.0×	9.7×	17.7×
2010	17.0×	14.9×	25.8×

Against its peers

Companies in Banks - Regional nearest M&T Bank's size, closest first, today.

Company	PE ratio
MTBM&T Bank	11.7×
HBANHuntington Bancshares	12.2×
CFGCitizens Financial	14.1×
FCNCAFirst Citizens BancShares	12.7×
RFRegions Financial	11.6×
KEYKeyCorp	12.3×
FITBFifth Third Bancorp	18.1×
EWBCEast West Bancorp	12.6×
TFCTruist Financial	11.1×
ALLYAlly Financial	9.2×
PNCPNC Financial Services	12.3×
Peer median	12.3×

Where M&T Bank ranks

#59of 193Regional banks with the lowest PE ratio

What the PE ratio tells you

Share price divided by earnings per share over the last twelve months. It is the price tag on a dollar of profit: 20× means you pay $20 for $1 of yearly earnings.

Blank while earnings are negative. A very low PE can mean the market expects profits to fall, so read it with growth and the company's own history.

More on M&T Bank

Valuation data, not investment advice. Prices as of Oct 23, 2026. Reported figures come from the company's filings with the SEC.