M&T Bank Corp (MTB) EV to EBITDA (2009 - 2026)
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.
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Analysis
M&T Bank Corp (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
Historic Data
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Historic Data
| Date | Value |
|---|---|
| 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 Corp 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_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-ebitda", "ticker": "MTB", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ev-to-ebitda&ticker=MTB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();