What Is MTB Fair Value?
M&T Bank (MTB) fair value estimate using multiple valuation models, updated daily.
As of October 14, 2026, M&T Bank (MTB) has a composite fair value estimate of $657.66 based on four valuation models: DCF (35% weight), Graham Number (25% weight), PEG (25% weight), and DDM (15% weight). The current market price is $217.93, suggesting the stock is undervalued by 201.8%.
Data as of October 14, 2026 (today)
Composite Fair Value
Undervalued4 of 4 models$657.66
vs. current price of $217.93(+201.8%)
How Is MTB Fair Value Calculated?
Four independent models estimate what MTB is worth. Each uses different inputs and assumptions. The composite blends them by weight.
MTB Intrinsic Value
Forward-looking models based on future cash flows
DCF (Discounted Cash Flow)
35% weightEstimates how much cash the company will generate over the next 10 years, then calculates what all that future cash is worth in today's dollars. Includes a 15% safety cushion. Try the standalone DCF calculator →
$1,194.09
+447.9%Undervalued
Inputs used
DDM (Dividend Discount Model)
15% weightIf a company pays you dividends, this model asks: how much are all those future dividend payments worth today? Only works for stocks that pay dividends. Try the intrinsic value calculator →
$283.29
+30.0%Undervalued
Inputs used
MTB Fair Value
Current fundamentals: earnings, assets, and growth rate
Graham Number (Value Investing)
25% weightCreated by legendary investor Benjamin Graham. It looks at two things: how much the company earns (EPS) and what its assets are worth (Book Value), then calculates the maximum price a careful investor should pay. Try the fair value calculator →
$276.30
+26.8%Undervalued
Inputs used
PEG (Price/Earnings to Growth)
25% weightChecks if you're paying a fair price for the company's growth. A fast-growing company deserves a higher price than a slow one. This model finds the right price based on how fast earnings are growing.
$217.62
-0.1%Fair Value
Inputs used
What If You Change the Assumptions?
Drag the sliders to test different scenarios. Tap the ? buttons to learn what each input means.
Your DCF Fair Value
Current price $217.93 is 447.9% below this estimate
View 10-year cash flow projections
| Year | Projected FCF (Free Cash Flow) | Present Value |
|---|---|---|
| Year 1 | $4.23B | $3.98B |
| Year 2 | $4.71B | $4.16B |
| Year 3 | $5.24B | $4.35B |
| Year 4 | $5.84B | $4.55B |
| Year 5 | $6.49B | $4.76B |
| Year 6 | $7.23B | $4.98B |
| Year 7 | $8.04B | $5.20B |
| Year 8 | $8.95B | $5.44B |
| Year 9 | $9.96B | $5.69B |
| Year 10 | $11.09B | $5.95B |
| Terminal Value | $289.83B | $155.55B |
What Are MTB's Key Financial Metrics?
Earnings & Growth
Current Price
$217.93
EPS (TTM)
$18.92
Forward P/E
10.4
Profit Margin
32.1%
Cash & Balance Sheet
Free Cash Flow
0
EBITDA
0
Book Value
$176.03
Total Debt
18.7B
What Do Analysts Say About MTB?
Low
$224.00
Average
$251.78
High
$301.00
Upside
+15.5%
MTB Fair Value FAQ
What is the fair value of MTB?
Based on our composite model (DCF 35%, Graham 25%, PEG 25%, DDM 15%), MTB's estimated fair value is $657.66. The stock is currently trading at $217.93, which makes it undervalued by our analysis.
How is MTB's fair value calculated?
We use four valuation methods: Discounted Cash Flow (DCF), Graham Number, PEG-based Fair Value, and Dividend Discount Model (for dividend-paying stocks). The composite score weights DCF at 35%, Graham and PEG at 25% each, and DDM at 15%. When a model can't be applied, its weight is redistributed proportionally.
Is MTB overvalued or undervalued?
Based on our analysis, MTB is undervalued. The current price of $217.93 is 201.8% below our estimated fair value of $657.66.
What do Wall Street analysts say about MTB?
20 analysts cover M&T Bank with a consensus rating of "Hold." The average price target is $251.78, ranging from $224.00 to $301.00. This implies 15.5% upside from the current price.