Is M&T Bank Corporation overvalued?

M&T Bank Corporation (MTB) looks overvalued — trading about 19% above its fair value.

Overvalued

Price

$253.55

Fair value

$205.80

Current P/E

14.9

Normal P/E

12.1

Market cap

$36.75B

Dividend yield

2.4%

Return on equity

10.7%

Sector

Financial Services

Fair value compares MTB's current P/E to its own historical "normal" P/E (FAST Graphs-style). Updated 11 Aug 2026.

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