M&T Bank (MTB) Competitors

$146.58
+0.31 (+0.21%)
(As of 05/3/2024 ET)

MTB vs. FCNCA, FITB, EWBC, CBSH, WAL, BPOP, STT, NTRS, CFG, and DB

Should you be buying M&T Bank stock or one of its competitors? The main competitors of M&T Bank include First Citizens BancShares (FCNCA), Fifth Third Bancorp (FITB), East West Bancorp (EWBC), Commerce Bancshares (CBSH), Western Alliance Bancorporation (WAL), Popular (BPOP), State Street (STT), Northern Trust (NTRS), Citizens Financial Group (CFG), and Deutsche Bank Aktiengesellschaft (DB). These companies are all part of the "state commercial banks" industry.

M&T Bank vs.

M&T Bank (NYSE:MTB) and First Citizens BancShares (NASDAQ:FCNCA) are both large-cap finance companies, but which is the better investment? We will contrast the two businesses based on the strength of their profitability, community ranking, valuation, dividends, institutional ownership, risk, earnings, analyst recommendations and media sentiment.

M&T Bank has a net margin of 19.52% compared to First Citizens BancShares' net margin of 18.22%. First Citizens BancShares' return on equity of 15.75% beat M&T Bank's return on equity.

Company Net Margins Return on Equity Return on Assets
M&T Bank19.52% 10.68% 1.25%
First Citizens BancShares 18.22%15.75%1.45%

M&T Bank currently has a consensus price target of $158.48, suggesting a potential upside of 8.12%. First Citizens BancShares has a consensus price target of $1,829.90, suggesting a potential upside of 7.01%. Given M&T Bank's higher possible upside, analysts clearly believe M&T Bank is more favorable than First Citizens BancShares.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
M&T Bank
0 Sell rating(s)
9 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.36
First Citizens BancShares
0 Sell rating(s)
5 Hold rating(s)
6 Buy rating(s)
0 Strong Buy rating(s)
2.55

M&T Bank pays an annual dividend of $5.20 per share and has a dividend yield of 3.5%. First Citizens BancShares pays an annual dividend of $6.56 per share and has a dividend yield of 0.4%. M&T Bank pays out 35.2% of its earnings in the form of a dividend. First Citizens BancShares pays out 3.6% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years.

First Citizens BancShares has lower revenue, but higher earnings than M&T Bank. First Citizens BancShares is trading at a lower price-to-earnings ratio than M&T Bank, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
M&T Bank$12.75B1.92$2.74B$14.799.91
First Citizens BancShares$9.91B2.51$11.47B$180.139.49

M&T Bank received 53 more outperform votes than First Citizens BancShares when rated by MarketBeat users. However, 56.51% of users gave First Citizens BancShares an outperform vote while only 46.29% of users gave M&T Bank an outperform vote.

CompanyUnderperformOutperform
M&T BankOutperform Votes
231
46.29%
Underperform Votes
268
53.71%
First Citizens BancSharesOutperform Votes
178
56.51%
Underperform Votes
137
43.49%

In the previous week, First Citizens BancShares had 3 more articles in the media than M&T Bank. MarketBeat recorded 20 mentions for First Citizens BancShares and 17 mentions for M&T Bank. M&T Bank's average media sentiment score of 0.56 beat First Citizens BancShares' score of 0.43 indicating that M&T Bank is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
M&T Bank
7 Very Positive mention(s)
1 Positive mention(s)
7 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive
First Citizens BancShares
8 Very Positive mention(s)
0 Positive mention(s)
7 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

84.7% of M&T Bank shares are held by institutional investors. Comparatively, 61.2% of First Citizens BancShares shares are held by institutional investors. 0.8% of M&T Bank shares are held by company insiders. Comparatively, 13.4% of First Citizens BancShares shares are held by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth.

M&T Bank has a beta of 0.78, meaning that its stock price is 22% less volatile than the S&P 500. Comparatively, First Citizens BancShares has a beta of 0.86, meaning that its stock price is 14% less volatile than the S&P 500.

Summary

First Citizens BancShares beats M&T Bank on 12 of the 20 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding MTB and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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MTB vs. The Competition

MetricM&T BankState commercial banks IndustryFinance SectorNYSE Exchange
Market Cap$24.42B$2.25B$9.16B$17.38B
Dividend Yield3.56%4.29%6.00%3.57%
P/E Ratio9.9112.1453.5422.72
Price / Sales1.922.023,549.3710.96
Price / Cash7.388.4127.4717.57
Price / Book0.971.032.254.91
Net Income$2.74B$417.12M$997.54M$964.63M
7 Day Performance0.14%1.96%0.86%1.73%
1 Month Performance6.14%1.63%-0.11%-1.32%
1 Year Performance28.94%25.40%13.52%101.87%

M&T Bank Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
FCNCA
First Citizens BancShares
4.5139 of 5 stars
$1,686.76
-1.2%
$1,829.90
+8.5%
+71.1%$24.49B$12.09B9.3616,021Insider Selling
FITB
Fifth Third Bancorp
4.8666 of 5 stars
$36.46
-1.5%
$36.31
-0.4%
+56.8%$24.83B$12.64B11.5718,724Analyst Upgrade
EWBC
East West Bancorp
3.6636 of 5 stars
$74.49
-2.6%
$84.08
+12.9%
+70.0%$10.36B$3.99B9.383,206Positive News
CBSH
Commerce Bancshares
3.9928 of 5 stars
$54.68
-0.2%
$55.00
+0.6%
+5.7%$7.10B$1.95B15.254,728Positive News
WAL
Western Alliance Bancorporation
4.861 of 5 stars
$56.81
-2.2%
$70.56
+24.2%
+107.1%$6.26B$4.32B8.283,260Dividend Announcement
Analyst Revision
Gap Up
BPOP
Popular
4.987 of 5 stars
$84.99
-1.4%
$99.89
+17.5%
+61.2%$6.14B$3.90B12.619,237Short Interest ↑
STT
State Street
4.8455 of 5 stars
$72.49
-2.0%
$84.04
+15.9%
+7.9%$21.89B$18.37B13.5746,000Analyst Revision
NTRS
Northern Trust
3.1412 of 5 stars
$82.39
-1.4%
$84.92
+3.1%
+15.6%$16.86B$12.12B18.1923,100Insider Selling
News Coverage
Positive News
CFG
Citizens Financial Group
4.4613 of 5 stars
$34.11
-2.5%
$37.13
+8.9%
+35.0%$15.64B$12.19B12.3617,570Ex-Dividend
Analyst Report
DB
Deutsche Bank Aktiengesellschaft
4.0063 of 5 stars
$16.05
-1.2%
N/A+57.4%$33.17B$57.66B7.0190,130

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This page (NYSE:MTB) was last updated on 5/4/2024 by MarketBeat.com Staff

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