M&T Bank MTB
NYSE MTB
$217.49 -2.95 (-1.34%)
As of: Sep 29, 2026 · 3:59 PM EDT

M&T Bank (MTB) EV to EBITDA (2009 - 2026)

Updated

M&T Bank's (MTB) EV to EBITDA was 4.47 for Q2 2026, up 13.6% from 3.94 a year earlier and up 12.7% from the prior quarter.

Analysis

M&T Bank (MTB) EV to EBITDA (2009 - 2026) Analysis & Trends

For FY2025, EV to EBITDA at M&T Bank was 3.91, up 0.4% from FY2024.

  • By year, EV to EBITDA came in at 3.89 in FY2024 (+43.4%), 2.71 in FY2023 (-58.8%), 6.59 in FY2022 (+2.9%) and 6.41 in FY2021 (+3.8%).
  • The Q2 2026 figure ranks as the highest quarterly EV to EBITDA since Q1 2023.
  • Year over year, EV to EBITDA has now increased in each of the last eight quarters, with growth averaging 15.0% over the last eight quarters.
  • The high point for year-over-year EV to EBITDA in five years was Q2 2022 (growth of 67.8%); the low point was Q3 2023 (a decline of 71.5%).
  • Per Business Quant data, the three quarters before Q2 2026 came in at 3.97 (Q1 2026), 3.93 (Q4 2025) and 3.96 (Q3 2025).
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Jpmorgan Chase 895.36 Bn 924.83 Bn -
2 Banco Santander Chile 425.01 Bn 544.95 Bn -
3 Bank Of America 389.22 Bn -1,986.85 Bn -
4 Hsbc Holdings 347.56 Bn 347.61 Bn -
5 Morgan Stanley 304.44 Bn -204.66 Bn -
6 Royal Bank Of Canada 281.54 Bn 132.29 Bn -
7 Mitsubishi Ufj Financial 277.23 Bn -1,311.26 Bn 10.89 Bn
8 Goldman Sachs 267.12 Bn -3,289.99 Bn -
9 Wells Fargo & Company 244.76 Bn 246.90 Bn -
10 M&T Bank 31.83 Bn 31.83 Bn -
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 4.47
Mar 31, 2026 3.97
Dec 31, 2025 3.93
Sep 30, 2025 3.96
Jun 30, 2025 3.94
Mar 31, 2025 3.68
Dec 31, 2024 3.91
Sep 30, 2024 3.85
Jun 30, 2024 3.38
Mar 31, 2024 3.27
Dec 31, 2023 2.73
Sep 30, 2023 3.13
Jun 30, 2023 3.49
Mar 31, 2023 4.56
Dec 31, 2022 6.62
Sep 30, 2022 11.00
Jun 30, 2022 11.41
Mar 31, 2022 8.04
Dec 31, 2021 6.50
Sep 30, 2021 6.66
API Access

M&T Bank EV to EBITDA API

Pull this series into your own models, spreadsheets and apps with the Business Quant Historical Metrics API. The request below matches the chart above — change the frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.

https://data.businessquant.com/historic?slug=ev-to-ebitda&ticker=MTB&period=max&api_key=YOUR_API_KEY