Citizens Financial Group (CFG) vs M&T Bank (MTB)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
Citizens Financial Group (CFG) has outperformed M&T Bank (MTB) over the past year, gaining 23.2% versus a gain of 15.7%. Over five years, MTB leads with a +44.0% price change compared with +33.3% for CFG. M&T Bank is the larger company by market cap ($31.42 billion vs $26.99 billion), about 1.2 times the size.
On valuation, Citizens Financial Group trades at a lower forward P/E (9.8x vs 10.3x for M&T Bank). Citizens Financial Group offers the higher dividend yield (2.81% vs 2.76%). M&T Bank converts more of its revenue into profit, with a net margin of 172.1% versus 22.2%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | CFG | MTB |
|---|---|---|
| Share price | $64.09 | $217.56 |
| Market cap | $26.99B | $31.42B |
| 1-day change | +1.62% | +0.43% |
| YTD return | +9.72% | +7.98% |
| 1-year return | +23.23% | +15.68% |
| 5-year return | +33.27% | +43.96% |
| P/E ratio (TTM) | 13.96 | 11.50 |
| Forward P/E | 9.84 | 10.34 |
| EPS (TTM) | $4.59 | $18.92 |
| Dividend yield | 2.81% | 2.76% |
| Annual dividend | $1.80 | $6.00 |
| Revenue (latest FY) | $8.25B | $1.66B |
| Revenue growth (YoY) | +5.61% | +7.53% |
| Net income (latest FY) | $1.83B | $2.85B |
| Net margin | 22.20% | 172.06% |
| 52-week high | $75.33 | $255.95 |
| 52-week low | $47.96 | $174.76 |
| Distance from 52-week high | -14.92% | -15.00% |
| Analyst consensus | buy | hold |
| Avg. price target upside | +23.48% | +16.25% |
| Average volume | 3.87M | 1.07M |
| Shares outstanding | 421.18M | 144.42M |
| Employees | 17,727 | 21,662 |
| Sector | Finance | Finance |
| Industry | Major Banks | Major Banks |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- M&T Bank is more profitable, keeping 172.1 cents of every revenue dollar as net income versus 22.2 cents for Citizens Financial Group.
About Citizens Financial Group
CFG stock →Citizens Financial Group, Inc. operates as the bank holding company that provides retail and commercial banking products and services to individuals, small businesses, middle-market companies, large corporations, and institutions in the United States.
Finance · Major Banks · 17,727 employees
About M&T Bank
MTB stock →M&T Bank Corporation operates as a bank holding company for Manufacturers and Traders Trust Company and Wilmington Trust, National Association that provides retail and commercial banking products and services in the United States. The company operates through three segments: Commercial Bank, Retail Bank, and Institutional Services and Wealth Management.
Finance · Major Banks · 21,662 employees
CFG vs MTB FAQ
Which is bigger, Citizens Financial Group or M&T Bank?
M&T Bank (MTB) is larger, with a market capitalization of $31.42B compared with $26.99B for Citizens Financial Group (CFG).
Which stock has performed better over the past year, CFG or MTB?
CFG returned +23.23% over the past 12 months, compared with +15.68% for MTB (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, CFG or MTB?
MTB has the lower trailing P/E at 11.5, versus 14.0 for CFG. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Citizens Financial Group or M&T Bank?
Citizens Financial Group has the higher yield at 2.81%, compared with 2.76% for M&T Bank.
Are Citizens Financial Group and M&T Bank in the same industry?
Yes. Both are classified in the Major Banks industry within the Finance sector.