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M&T Bank MTB Net margin

Net margin at other companies

KeyCorp logo
KeyCorpKEY
25.4%+24.9pp
Truist Financial logo
Truist FinancialTFC
26.9%-9.8pp
PNC Financial Services logo
PNC Financial ServicesPNC
30.5%+2.6pp
Citizens Financial Group logo
Citizens Financial GroupCFG
23.3%+3.4pp
Regions Financial logo
Regions FinancialRF
29.2%+0.9pp
Fifth Third Bank logo
Fifth Third BankFITB
22.4%-4.7pp

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$33.07B+4.5%
Enterprise value$43.55B+104%
P/E11.3×-0.7×
P/S3.4×0.0×

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 trailing twelve months.

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 net margin?
M&T Bank (MTB) reported net margin of 29.8% in Q1 2026.
How has M&T Bank's net margin changed year-over-year?
M&T Bank's net margin increased by 5.3% year-over-year, from 28.3% to 29.8%.
What is the long-term trend for M&T Bank's net margin?
Over 4 years (2021 to 2025), M&T Bank's net margin has grown at a -0.4% compound annual growth rate (CAGR), from 117.3% to 115.3%.
What does net margin mean?
The share of every sales dollar that becomes bottom-line profit.
How do you interpret net margin?
Higher is better, but net margin mixes operating performance with financing and tax effects and one-off items — read it alongside operating margin to separate the operating story from the rest.
How does net margin compare across companies?
Comparable across peers but sensitive to leverage and tax structure; two operationally identical firms can show different net margins purely from financing.