M&T Bank Corporation
1.68xPrice / tangible book
Market cap
$34.64B
Tangible equity
$20.65B
Price / tangible book
1.68x
Price / book
1.19x
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 · current priceP/TBV 1.68x
$239.84Latest market snapshot
Implied fair value · at MAN's multiple
$4,854.121,923.9% above market
142.98 MTB TBV / share×33.95x MAN P/TBV=$4,854.12
Market $239.84Implied $4,854.12
MAN · current priceP/TBV 33.95x
$61.98Latest market snapshot
Implied fair value · at MTB's multiple
$3.0695.1% below market
1.83 MAN TBV / share×1.68x MTB P/TBV=$3.06
Market $61.98Implied $3.06