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M&T Bank MTB Debt-to-assets

Debt-to-assets at other companies

KeyCorp logo
KeyCorpKEY
0.1×0.0×
Truist Financial logo
Truist FinancialTFC
0.1×
PNC Financial Services logo
PNC Financial ServicesPNC
0.1×0.0×
Citizens Financial Group logo
Citizens Financial GroupCFG
0.1×0.0×
Regions Financial logo
Regions FinancialRF
0.1×0.0×
Fifth Third Bank logo
Fifth Third BankFITB
0.1×0.0×

Other financials

Income statement

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Revenue$2.4B+5.9%
Net income$664.0M+13.7%
EPS (diluted)$4.13+24.4%

Balance sheet

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Cash & equivalents$16.3B-28.2%
Total debt$26.8B+97.7%
Total equity$28.0B-3.5%
Total assets$214.74B+2.1%

Cash flow

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Operating cash flow$1.0B+59.4%
CapEx$96.0M+284%
Free cash flow$916.0M+50.2%

Valuation

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Market cap$32.97B+4.5%
Enterprise value$43.45B+104%
P/E11.3×-0.7×
P/S3.4×0.0×

Profitability

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Net margin29.8%+1.5pp

Returns & leverage

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Return on equity10.3%+0.9pp
Debt / equity+0.5×

Where this comes from

Calculated from M&T Bank’s reported figures.

Based on the most recent quarter.

The official record: M&T Bank’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is M&T Bank's debt-to-assets?
M&T Bank (MTB) reported debt-to-assets of 0.1× in Q1 2026.
How has M&T Bank's debt-to-assets changed year-over-year?
M&T Bank's debt-to-assets increased by 93.6% year-over-year, from 0.1× to 0.1×.
What is the long-term trend for M&T Bank's debt-to-assets?
Over 4 years (2021 to 2025), M&T Bank's debt-to-assets has grown at a 32.4% compound annual growth rate (CAGR), from 0.1× to 0.3×.
What does debt-to-assets mean?
What fraction of everything the company owns is funded by debt.
How do you interpret debt-to-assets?
A lower ratio indicates a more conservatively financed balance sheet. Rising debt-to-assets over time signals increasing financial risk.
How does debt-to-assets compare across companies?
Comparable within an industry; bounded between 0 and 1 for most non-financials, which makes cross-company reads cleaner than debt-to-equity.