Is M&T Bank Corporation overvalued?

M&T Bank Corporation (MTB) looks fairly valued — trading about 8% above its fair value.

Fairly valued

Price

$237.26

Fair value

$217.28

Current P/E

14.0

Normal P/E

12.8

Market cap

$34.75B

Dividend yield

3.2%

Return on equity

9.8%

Sector

Financial Services

Fair value compares MTB's current P/E to its own historical "normal" P/E (FAST Graphs-style). Updated 28 Jun 2026.

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