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
$239.88Latest market snapshot
Implied fair value · at SALM's multiple
$43.3681.9% below market
142.98 MTB TBV / share×0.30x SALM P/TBV=$43.36
Market $239.88Implied $43.36
SALM · current priceP/TBV 0.30x
$1.00Latest market snapshot
Implied fair value · at MTB's multiple
$5.53453.2% above market
3.30 SALM TBV / share×1.68x MTB P/TBV=$5.53
Market $1.00Implied $5.53