What is M&T Bank Corporation (MTB)'s PEG ratio?

M&T Bank Corporation (MTB) has a PEG ratio of 1.16 (Fairly Valued), based on a PE ratio of 13.3 and expected EPS growth of 11.5% (5-Year EPS CAGR).

Is MTB undervalued based on its PEG ratio?

A PEG below 1.0 is conventionally read as potentially undervalued, 1.0–2.0 as fairly valued, and above 2.0 as potentially overvalued relative to growth. At 1.16, M&T Bank Corporation (MTB) screens as "Fairly Valued". PEG is one signal, not investment advice — see the full DCF fair value at evidinvest.com/valuation/MTB.

M&T Bank Corporation (MTB) PEG Ratio

Fairly Valued

PE ratio relative to earnings growth — is the valuation justified?

1.16

PEG Ratio

PEG ratio is generally unreliable for Financial Services companies — earnings are driven by interest margins and provisions

PEG ratio is generally unreliable for Financial Services companies

1.16

Growth Rate Source

Good Data Quality5-Year EPS CAGR

Current Price

$252.86

TTM EPS

$18.96

P/E Ratio

13.34

Growth Rate

11.5%

5-Year EPS CAGR

Sector

Financial Services

Banks - Regional

Calculated

8/18/2026

9:55:24 AM

Peer Comparison

Sample Size

8 peers

Industry Median PEG

1.53

25th Percentile

1.35

75th Percentile

3.69

MTB PEG (1.16) vs Industry Median (1.53): 24% discount

Symbol	Company	PEG	P/E	Growth	vs MTB
PNC	The PNC Financial Services Group, Inc.	0.66	14.0	21.2%	-43%
RF	Regions Financial Corporation	0.74	12.9	17.5%	-37%
CFG	Citizens Financial Group, Inc.	1.35	16.2	11.9%	+16%
FITB	Fifth Third Bancorp	1.40	19.7	14.0%	+20%
NTRS	Northern Trust Corporation	1.66	16.4	9.9%	+43%

How to Interpret PEG Ratio

PEG < 1.0 — Potentially Undervalued. The stock may be priced below its earnings growth rate, suggesting a potential buying opportunity.

PEG 1.0–2.0 — Fairly Valued. The stock price is roughly in line with its earnings growth. A PEG of 1.0 is often considered "fair value."

PEG > 2.0 — Potentially Overvalued. The stock may be priced above what its earnings growth justifies.

Limitations:PEG ratios are less reliable for financial firms (earnings driven by interest margins), companies with negative/zero earnings growth, and hypergrowth companies (>100% growth) where the ratio may appear misleadingly low. Always use PEG alongside other valuation metrics.

M&T Bank Corporation (MTB) PEG Ratio

Peer Comparison

How to Interpret PEG Ratio

More on MTB

Compare with peers

Explore

M&T Bank Corporation (MTB) PEG Ratio

Peer Comparison

How to Interpret PEG Ratio

More on MTB

Compare with peers

Explore