Compare price, profitability, solvency, and SEC-reported financials side by side—before deciding which assumptions deserve a closer look.
FY 2025 · Mkt capMarket cap $138.42B · View financials
Decision snapshot: MTB stock price vs VRTX: inconclusive Relative valuation is incomplete for this pair. Review the available filing metrics before drawing a conclusion.
Quick read
Each company valued on the other's multiple, then compared with the market price.
Implied fair value · at VRTX's multiple
Needs VRTX P/E.
Implied fair value · at MTB's multiple
Needs MTB P/E.
Snapshot Sep 4, 4:00 PM ET
Metric by metric
Filter, sort, and scan the equity metrics that matter most for banks: book value, tangible book, returns, and operating efficiency.
Lower is better
Lower is better
Profitability lag
Asset efficiency lag
Lower is better
Statements
Bank-focused income statement and equity metrics aligned to the reporting windows.
SEC periods: MTB FY 2025 (ended Dec 31, 2025) · VRTX FY 2025 (ended Dec 31, 2025).
Trendline
Five fiscal years of revenue, earnings, and margins before underwriting a re-rating.
Price framework
Tangible book and profitability anchor a bank, not enterprise value.
Deposits and cash-like balances distort enterprise value for banks, so this section reads equity value, tangible book and profitability instead.
Price / book
Market cap
—
Tangible equity
$20.65B
Price / tangible book
—
Price / book
—
Return on equity
9.8%
Return on assets
1.3%
Efficiency ratio
41.5%
Price / tangible book
Market cap
$138.42B
Tangible equity
$17.15B
Price / tangible book
8.07x
Price / book
7.42x
Return on equity
21.2%
Return on assets
15.4%
Efficiency ratio
—
Price framework
The same filing-backed model used on each company's valuation page, with company-specific inputs and calculated scenarios.
M&T BANK CORPORATION · implied price per share
Bank model off — standard DCF modelling is disabled for financial institutions.
VERTEX PHARMACEUTICALS INC / MA · implied price per share
Debt and bridge-cash inputs are required to translate enterprise value into equity value.
Balance sheet health
Financial health checks to separate durable balance sheets from potential value traps.
Financial strength on a 0–9 scale.
Bankruptcy-risk signal from balance sheet and earnings power.
Debt / equity
Total debt against shareholders' equity
0.45x
0.23x
Net debt / EBITDA
Leverage against operating earnings
—
-0.49x
Cash and equivalents
Liquid reserves on the balance sheet
—
$6.61B
Total debt
Interest-bearing obligations outstanding
$13.06B
$4.23B
Comparable set
Where the pair sits against the wider banking comparable set.
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