M&T Bank Corp (MTB) Price to Book (2009 - 2026)
M&T Bank's (MTB) Price to Book stood at 1.23 in Q2 2026, up 15.7% from 1.06 a year earlier and up 13.6% from the prior quarter.
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Analysis
M&T Bank Corp (MTB) Price to Book (2009 - 2026) Analysis & Trends
For FY2025, M&T Bank's Price to Book came in at 1.03, down 3.3% from FY2024.
- Across earlier years, Price to Book came in at 1.06 in FY2024 (+25.6%), 0.85 in FY2023 (-11.9%), 0.96 in FY2022 (-13.1%) and 1.11 in FY2021 (+9.4%).
- The Q2 2026 figure is the highest quarterly Price to Book since Q4 2019.
- On a year-over-year basis, Price to Book rose in seven of the last eight quarters, with growth averaging 13.6%.
- Peak year-over-year performance for Price to Book in the last five years was growth of 49.4% in Q3 2021, against a decline of 36.1% in Q1 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at 1.08 (Q1 2026), 1.03 (Q4 2025) and 1.06 (Q3 2025).
Peer Set
Peer Comparison
Historic Data
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Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.23 |
| Mar 31, 2026 | 1.08 |
| Dec 31, 2025 | 1.03 |
| Sep 30, 2025 | 1.06 |
| Jun 30, 2025 | 1.06 |
| Mar 31, 2025 | 0.99 |
| Dec 31, 2024 | 1.06 |
| Sep 30, 2024 | 1.02 |
| Jun 30, 2024 | 0.89 |
| Mar 31, 2024 | 0.89 |
| Dec 31, 2023 | 0.85 |
| Sep 30, 2023 | 0.80 |
| Jun 30, 2023 | 0.80 |
| Mar 31, 2023 | 0.78 |
| Dec 31, 2022 | 0.96 |
| Sep 30, 2022 | 1.21 |
| Jun 30, 2022 | 1.09 |
| Mar 31, 2022 | 1.22 |
| Dec 31, 2021 | 1.11 |
| Sep 30, 2021 | 1.10 |
API Access
M&T Bank Corp Price to Book 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=price-to-book&ticker=MTB&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-book", "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=price-to-book&ticker=MTB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();