EWBC vs MTB Stock Comparison

East West Bancorp and M&T Bank Prices as of Oct 23, 2026 Peers: Industry group
EWBC East West Bancorp Inc
$131.19 +5.4% 1M +28.7% 1Y
Market cap
$18.11B
P/E
12.5x
Revenue (TTM)
$3.10B
Div. yield
0.02%
Regional Banks Financial Services
7 wins
MTB M&T Bank Corp
$221.59 +0.9% 1M +22.4% 1Y
Market cap
$32.38B
P/E
11.3x
Revenue (TTM)
$9.96B
Div. yield
0.03%
Regional Banks Financial Services
5 wins

Head to Head

12 decided of 12

East West Bancorp leads on 7 of the 12 questions below (East West Bancorp 7, M&T Bank 5). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionEWBCMTBLeader
Larger companyMarket capitalisation $18.11B $32.38B MTB
Cheaper on earningsLower P/E, profitable companies only 12.5x 11.3x MTB
Cheaper on forward earningsLower price / next fiscal year consensus EPS 11.6x 10.9x MTB
Faster revenue growthRevenue growth, trailing twelve months +13.7% +5.8% EWBC
More profitableNet margin, trailing twelve months 46.6% 28.8% EWBC
Better return on capitalReturn on invested capital 22.4% 12.1% EWBC
Less leveragedLower net debt / EBITDA -0.6x 2.4x EWBC
Higher dividend yieldTrailing dividend yield 0.02% 0.03% MTB
Better 1-year returnPrice return, last 12 months +28.7% +22.4% EWBC
Better 5-year returnAnnualised price return, 5 years +9.2%/yr +6.8%/yr EWBC
Less volatileAnnualised volatility, 1 year 22.8% 21.5% MTB
Higher overall scoreMean of the five percentile scores vs peers 66/100 50/100 EWBC

Percentile Scorecard

EWBCMTB

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisEWBCMTB
Valuation 43 #207 of 361 47 #192 of 361
Growth 53 #161 of 344 18 #282 of 344
Profitability 95 #19 of 348 76 #85 of 348
Financial Health 64 #122 of 340 40 #206 of 340
Shareholder Returns 73 #97 of 352 70 #106 of 352
Overall 66 50
  • EWBC ranked among 370 companies in Banking
  • MTB ranked among 370 companies in Banking

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodEWBCMTBSPY
1 month +5.4%+0.9% -1.0%
3 months +0.1%-11.2% +2.9%
6 months +6.9%+3.1% +6.4%
Year to date +16.7%+10.0% +11.4%
1 year +28.7%+22.4% +13.1%
3 years +150.2%+99.4% +79.4%
3 years, per year +35.8%+25.9% +21.5%
5 years +55.0%+38.6% +67.7%
5 years, per year +9.2%+6.8% +10.9%
10 years +229.7%+86.4% +255.2%
10 years, per year +12.7%+6.4% +13.5%

Risk

MeasureEWBCMTBSPY
Volatility, 1Y 22.8%21.5% 12.7%
Downside volatility, 1Y 23.0%21.6% 12.7%
Beta vs S&P 500, 1Y 0.730.56 1.00
Return / volatility, 1Y 1.261.04 1.03
Max drawdown, 5Y -55.5%-43.1% -25.4%
From 52-week high -4.0%-12.8% -2.5%
52-week high $136.60$254.11 $779.14
52-week low $99.52$180.90 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleEWBCMTB
P/E now vs peer median 12.5xmedian 12.5x 11.3xmedian 12.5x
P/S now vs peer median 5.8xmedian 3.5x 3.2xmedian 3.5x
EV/EBITDA now vs peer median 4.3xmedian 4.8x 6.5xmedian 4.8x
P/FCF now vs peer median 9.7xmedian 11.4x 8.9xmedian 11.4x
P/B now vs peer median 1.9xmedian 1.2x 1.1xmedian 1.2x
PEG now vs peer median 2.30median 1.48 3.43median 1.48

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsEWBCMTB
Revenue $3.10B $9.96B
Net income $1.45B $3.03B
Free cash flow $1.86B $3.60B
EPS (diluted) $10.46 $19.58
Cash & equivalents $5.09B –
Total debt $3.04B $18.18B
Shares (diluted) 138.30M 146.76M
Enterprise value -$299.71M $32.38B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricEWBCMTB
P/E 12.5x 11.3x
P/FCF 9.7x 8.9x
P/Operating cash flow 9.1x 8.4x
P/S 5.8x 3.2x
P/B 1.9x 1.1x
P/Tangible book 1.9x 1.1x
EV/EBITDA 4.3x 6.5x
EV/EBIT 4.5x 6.9x
EV/Revenue 5.1x 5.0x
EV/FCF 8.5x 14.0x
EV/Operating cash flow 8.1x 13.2x
PEG (3Y EPS CAGR) 2.30 3.43

Growth

14 metrics
MetricEWBCMTB
Revenue growth (1Y) 13.7% 5.8%
Revenue CAGR (3Y) 6.0% -12.5%
Gross profit growth (1Y) – –
Gross profit CAGR (3Y) – –
Operating income growth (1Y) – –
Operating income CAGR (3Y) – –
Net income growth (1Y) 21.2% 12.3%
Net income CAGR (3Y) 4.5% 0.6%
EPS growth (1Y) 21.7% 23.1%
EPS CAGR (3Y) 5.4% 3.3%
Operating cash flow growth (1Y) 36.9% 21.7%
Operating cash flow CAGR (3Y) 6.9% 0.2%
Free cash flow growth (1Y) 29.5% 21.4%
Free cash flow CAGR (3Y) 4.8% 0.4%

Profitability

14 metrics
MetricEWBCMTB
Gross margin – –
EBITDA margin 119.8% 77.1%
Operating margin – –
Pretax margin 59.9% 39.4%
Net margin 46.6% 28.8%
FCF margin 60.1% 36.1%
Operating cash flow margin 63.7% 38.2%
Return on equity 15.9% 10.8%
Return on assets 1.7% 1.4%
Return on invested capital 22.4% 12.1%
Return on capital employed – –
Asset turnover 0.0x 0.0x
Cash conversion (OCF / net income) 1.4x 1.3x
Stock comp / revenue 2.8% –

Financial Health

11 metrics
MetricEWBCMTB
Debt / assets 3.6% 8.3%
Debt / equity 0.3x 0.7x
Net debt / EBITDA -0.6x 2.4x
Debt / FCF 1.6x 5.1x
Liabilities / assets 89.1% 87.3%
Equity / assets 10.9% 12.7%
Interest coverage 2.1x 2.2x
Current ratio – –
Quick ratio – –
Cash ratio – –
Altman Z-score – –

Shareholder Returns

7 metrics
MetricEWBCMTB
Dividend yield 2.3% 2.7%
Net buyback yield 0.7% 8.0%
Shareholder yield 3.0% 10.7%
Payout ratio (earnings) 26.9% 29.9%
Payout ratio (FCF) 20.9% 25.2%
Dividend growth (1Y) 21.1% 2.1%
Dividend CAGR (3Y) 15.6% 2.1%

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusEWBCMTB
Forward P/E 11.6xFY2026 10.9xFY2026
EPS, next fiscal year $11.35FY2026 $20.30FY2026
EPS growth, next FY +19.2%FY2026 +19.4%FY2026
EPS growth, the year after -3.3% +0.4%
Revenue, next fiscal year $3.00BFY2026 $10.59BFY2026
Revenue growth, next FY +2.2%FY2026 +9.3%FY2026
Revenue growth, the year after +22.3% -4.7%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersEWBCMTB
Held by institutions 92.0% 90.2%
Institutions holding 648 1,148
Change in shares held, QoQ +1.4% -0.4%
Institutions buying 352 524
Institutions selling 199 392
Buyers to sellers 1.77 1.34

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

EWBCMTB
EWBC 1.00 0.76
MTB 0.76 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, EWBC and MTB?

M&T Bank (MTB) is the largest by market capitalisation: East West Bancorp (EWBC) $18.11B, M&T Bank (MTB) $32.38B.

Which stock is cheaper, EWBC and MTB?

M&T Bank (MTB) trades on the lowest price-to-earnings ratio (East West Bancorp (EWBC) 12.5x, M&T Bank (MTB) 11.3x). On next year's consensus earnings, M&T Bank (MTB) is cheapest (East West Bancorp (EWBC) 11.6x, M&T Bank (MTB) 10.9x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

East West Bancorp (EWBC) grew revenue fastest over the trailing twelve months: East West Bancorp (EWBC) +13.7%, M&T Bank (MTB) +5.8%.

Which company is more profitable?

East West Bancorp (EWBC) has the highest net margin (East West Bancorp (EWBC) 46.6%, M&T Bank (MTB) 28.8%). On return on invested capital, East West Bancorp (EWBC) leads (East West Bancorp (EWBC) 22.4%, M&T Bank (MTB) 12.1%).

Which stock has performed better?

Over the past year East West Bancorp (EWBC) returned the most: East West Bancorp (EWBC) +28.7%, M&T Bank (MTB) +22.4%. Over five years, East West Bancorp (EWBC) compounded fastest (East West Bancorp (EWBC) +9.2%/yr, M&T Bank (MTB) +6.8%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

M&T Bank (MTB) has the highest dividend yield: East West Bancorp (EWBC) 0.02%, M&T Bank (MTB) 0.03%.

Which stock is riskier?

By one-year price volatility, M&T Bank (MTB) has been the steadiest (East West Bancorp (EWBC) 22.8%, M&T Bank (MTB) 21.5%). Volatility measures how widely the price swings, not the risk of the business.

Do EWBC and MTB move together?

Their daily returns over the past year have a correlation of 0.76, a strong positive relationship. Holding both adds little diversification.

Which is the better stock, EWBC and MTB?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, East West Bancorp (EWBC) leads on 7. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.