M&T Bank (MTB) vs Truist Financial (TFC)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 7, 2026.
Summary
M&T Bank (MTB) has outperformed Truist Financial (TFC) over the past year, gaining 14.3% versus a gain of 1.0%. Over five years, MTB leads with a +43.0% price change compared with -25.6% for TFC. Truist Financial is the larger company by market cap ($55.68 billion vs $31.28 billion), about 1.8 times the size.
On valuation, Truist Financial trades at a lower forward P/E (9.1x vs 10.3x for M&T Bank). Truist Financial offers the higher dividend yield (4.56% vs 2.77%). M&T Bank converts more of its revenue into profit, with a net margin of 172.1% versus 26.1%.
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 | MTB | TFC |
|---|---|---|
| Share price | $216.63 | $45.58 |
| Market cap | $31.28B | $55.68B |
| 1-day change | -0.96% | -1.45% |
| YTD return | +7.52% | -7.25% |
| 1-year return | +14.27% | +0.98% |
| 5-year return | +43.03% | -25.59% |
| P/E ratio (TTM) | 11.45 | 10.48 |
| Forward P/E | 10.30 | 9.13 |
| EPS (TTM) | $18.92 | $4.35 |
| Dividend yield | 2.77% | 4.56% |
| Annual dividend | $6.00 | $2.08 |
| Revenue (latest FY) | $1.66B | $20.32B |
| Revenue growth (YoY) | +7.53% | +53.03% |
| Net income (latest FY) | $2.85B | $5.31B |
| Net margin | 172.06% | 26.12% |
| 52-week high | $255.95 | $56.20 |
| 52-week low | $174.76 | $40.78 |
| Distance from 52-week high | -15.36% | -18.90% |
| Analyst consensus | hold | hold |
| Avg. price target upside | +16.75% | +19.15% |
| Average volume | 1.06M | 7.31M |
| Shares outstanding | 144.42M | 1.22B |
| Employees | 21,662 | 37,849 |
| 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
- MTB has outperformed TFC by 13.3 percentage points over the past year.
- Truist Financial offers a meaningfully higher dividend yield (4.56% vs 2.77%).
- M&T Bank is more profitable, keeping 172.1 cents of every revenue dollar as net income versus 26.1 cents for Truist Financial.
- Truist Financial grew revenue faster in its latest fiscal year (+53.03% vs +7.53%).
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
About Truist Financial
TFC stock →Truist Financial Corporation, a financial services company, provides banking and trust services in the Southeastern and Mid-Atlantic United States. The company operates through two segments, Consumer and Small Business Banking; and Wholesale Banking.
Finance · Major Banks · 37,849 employees
MTB vs TFC FAQ
Which is bigger, M&T Bank or Truist Financial?
Truist Financial (TFC) is larger, with a market capitalization of $55.68B compared with $31.28B for M&T Bank (MTB).
Which stock has performed better over the past year, MTB or TFC?
MTB returned +14.27% over the past 12 months, compared with +0.98% for TFC (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, MTB or TFC?
TFC has the lower trailing P/E at 10.5, versus 11.4 for MTB. 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, M&T Bank or Truist Financial?
Truist Financial has the higher yield at 4.56%, compared with 2.77% for M&T Bank.
Are M&T Bank and Truist Financial in the same industry?
Yes. Both are classified in the Major Banks industry within the Finance sector.