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M&T Bank MTB Price / sales

Price / sales at other companies

KeyCorp logo
KeyCorpKEY
2.8×-0.8×
Truist Financial logo
Truist FinancialTFC
2.8×-1.2×
PNC Financial Services logo
PNC Financial ServicesPNC
3.5×+0.3×
Citizens Financial Group logo
Citizens Financial GroupCFG
+0.7×
Regions Financial logo
Regions FinancialRF
2.9×+0.2×
Fifth Third Bank logo
Fifth Third BankFITB
4.3×+1.3×

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×

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 price / sales?
M&T Bank (MTB) reported price / sales of 3.1× in Q1 2026.
How has M&T Bank's price / sales changed year-over-year?
M&T Bank's price / sales decreased by 0.8% year-over-year, from 3.1× to 3.1×.
What is the long-term trend for M&T Bank's price / sales?
Over 4 years (2021 to 2025), M&T Bank's price / sales has grown at a -0.2% compound annual growth rate (CAGR), from 12.9× to 12.8×.
What does price / sales mean?
How many dollars investors pay for each dollar of the company's annual sales.
How do you interpret price / sales?
Useful when earnings are negative or volatile (e.g. early-stage or cyclical firms). Only comparable across companies with similar margins — a sales dollar is worth more at a high-margin business.
How does price / sales compare across companies?
Best compared within a margin cohort; a software P/S and a retailer P/S are not directly comparable.