M&T Bank Corporation
1.67xPrice / tangible book
Market cap
$34.43B
Tangible equity
$20.65B
Price / tangible book
1.67x
Price / book
1.18x
Return on equity
9.8%
Return on assets
1.3%
Efficiency ratio
41.5%
Quick read
Fair value engine
Each company valued on the other's multiple, then compared with the market price.
MTB · price snapshotP/E 14.03x
$238.44Snapshot Sep 8, 2026, 4:00 PM ET
Implied fair value · at AMPH's multiple
$192.0219.5% below market
17.00 MTB Annual EPS×11.30x AMPH P/E=$192.02
Market $238.44Implied $192.02
AMPH · price snapshotP/E 11.30x
$22.93Snapshot Sep 8, 2026, 4:00 PM ET
Implied fair value · at MTB's multiple
$28.4724.2% above market
2.03 AMPH Annual EPS×14.03x MTB P/E=$28.47
Market $22.93Implied $28.47