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M&T Bank Corporation

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MTB : NYSE :
$162.73 -0.16 | -0.10%
Today's Range: 159.41 - 165.44
Avg. Daily Volume: 0
05/21/22 - 1:02 PM ET
Rating Summary Rating Detail Financial Analysis Peer Group

Financial Analysis


M & T BANK CORP's gross profit margin for the first quarter of its fiscal year 2022 is essentially unchanged when compared to the same period a year ago. Sales and net income have dropped, underperforming the average competitor within its subsector.

During the same period, stockholders' equity ("net worth") has increased by 8.69% from the same quarter last year.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. To learn more visit www.TheStreetRatings.com.



Income Statement Q1 FY22 Q1 FY21
Net Sales ($mil)1469.141522.56
EBITDA ($mil)773.62888.44
EBIT ($mil)690.31808.64
Net Income ($mil)362.17447.25


Balance Sheet Q1 FY22 Q1 FY21
Cash & Equiv. ($mil)37436.8432667.22
Total Assets ($mil)149863.55150481.06
Total Debt ($mil)3493.893557.46
Equity ($mil)17876.0216446.51


Profitability Q1 FY22 Q1 FY21
Gross Profit Margin97.6899.31
EBITDA Margin52.6558.35
Operating Margin46.9953.11
Sales Turnover0.040.04
Return on Assets1.181.01
Return on Equity9.498.9
Debt Q1 FY22 Q1 FY21
Current Ratio0.00.0
Debt/Capital0.160.18
Interest Expense0.00.0
Interest Coverage0.00.0


Share Data Q1 FY22 Q1 FY21
Shares outstanding (mil)129.07128.64
Div / share1.21.1
EPS2.623.33
Book value / share138.5127.85
Institutional Own % n/a n/a
Avg Daily Volume1663117.01246945.0

Valuation


BUY. This stock's P/E ratio indicates a discount compared to an average of 13.55 for the Credit Intermediation and Related Activities subsector and a discount compared to the S&P 500 average of 19.86. For additional comparison, its price-to-book ratio of 1.20 indicates a significant discount versus the S&P 500 average of 3.81 and a significant discount versus the subsector average of 5.65. The price-to-sales ratio is well above the S&P 500 average, but well below the subsector average. Upon assessment of these and other key valuation criteria, M & T BANK CORP proves to trade at a discount to investment alternatives.


Price/Earnings
1 2 3 4 5
premium   discount
  Price/Cash Flow
1 2 3 4 5
premium   discount
MTB 12.66 Peers 13.55   MTB 7.08 Peers 17.36

Average. An average P/E ratio can signify an subsector neutral price for a stock and an average growth expectation.

MTB is trading at a valuation on par with its peers.

 

Discount. The P/CF ratio, a stock’s price divided by the company's cash flow from operations, is useful for comparing companies with different capital requirements or financing structures.

MTB is trading at a significant discount to its peers.

 
Price/Projected
Earnings
1 2 3 4 5
premium   discount
  Price to
Earnings/Growth
1 2 3 4 5
premium   discount
MTB 9.17 Peers 13.74   MTB NM Peers 1.29

Discount. A lower price-to-projected earnings ratio than its peers can signify a less expensive stock or lower future growth expectations.

MTB is trading at a discount to its peers.

 

Neutral. The PEG ratio is the stock’s P/E divided by the consensus estimate of long-term earnings growth. Faster growth can justify higher price multiples.

MTB's negative PEG ratio makes this valuation measure meaningless.

 
Price/Book
1 2 3 4 5
premium   discount
  Earnings Growth
1 2 3 4 5
lower   higher
MTB 1.20 Peers 5.65   MTB 15.43 Peers 65.24

Discount. A lower price-to-book ratio makes a stock more attractive to investors seeking stocks with lower market values per dollar of equity on the balance sheet.

MTB is trading at a significant discount to its peers.

 

Lower. Elevated earnings growth rates can lead to capital appreciation and justify higher price-to-earnings ratios.

However, MTB is expected to significantly trail its peers on the basis of its earnings growth rate.

 
Price/Sales
1 2 3 4 5
premium   discount
  Sales Growth
1 2 3 4 5
premium   discount
MTB 3.53 Peers 4.77   MTB -1.66 Peers 6.69

Discount. In the absence of P/E and P/B multiples, the price-to-sales ratio can display the value investors are placing on each dollar of sales.

MTB is trading at a significant discount to its subsector on this measurement.

 

Lower. A sales growth rate that trails the subsector implies that a company is losing market share.

MTB significantly trails its peers on the basis of sales growth.

 

 

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