What is the 13F Pro Quality Score for MTB?

13F Pro ranks M&T BANK CORP (MTB) on the 13F Pro Quality Score, a 0–100 composite of 32 fundamental signals including return on invested capital, free cash flow consistency, balance-sheet strength, earnings quality, growth durability, and valuation discipline. The score refreshes after each 10-K and 10-Q filing on SEC EDGAR. View MTB's current score at https://13fpro.ai/company/MTB (free sign-up required for the full ranking).

Which hedge funds own the most MTB stock?

Based on the most recent Form 13F-HR filings on SEC EDGAR, the largest reported institutional holders of MTB include BlackRock,, FMR, WELLINGTON MANAGEMENT GROUP LLP. Holdings are reported quarterly within 45 days of quarter-end and updated on https://13fpro.ai/company/MTB as soon as new 13F filings post.

Where does 13F Pro source MTB data?

All M&T BANK CORP fundamentals and ownership data come directly from SEC EDGAR. M&T BANK CORP files with the SEC under CIK 36270. 13F Pro ingests XBRL financial facts from 10-K and 10-Q filings, Form 13F-HR institutional holdings, and Form 4 insider transactions, with no third-party rewrites or estimates.

What sector is MTB in?

M&T BANK CORP (MTB) is classified in the Financials sector. 13F Pro publishes sector-level fund flow analysis and quality leaders at https://13fpro.ai/research/sector/financials.

What drives MTB's revenue?

Per M&T BANK CORP's latest 10-Q filed with the SEC on 2026-08-04, the biggest revenue drivers are: Institutional Services and Wealth Management ($231M, +9% YoY); Retail Bank ($133M, +3% YoY); Commercial Bank ($78M, +3% YoY). Figures are extracted from the filing text and machine-verified against the document. Full breakdown at https://13fpro.ai/company/MTB.

What are MTB's largest expenses?

M&T BANK CORP's latest 10-Q reports these as the largest expense items: Salaries and employee benefits ($826M, -10% QoQ); Outside data processing and software ($154M, +7% QoQ); Professional and other services ($89M, -4% QoQ). Sourced directly from SEC EDGAR filing text for Q2 FY2026 (quarter ended June 30, 2026).

How often is MTB research updated on 13F Pro?

MTB's fundamentals refresh within hours of each new 10-K or 10-Q filing on SEC EDGAR. Institutional ownership updates after each quarterly 13F filing window. Insider transactions update after each Form 4 filing. The 13F Pro Quality Score recalculates after every fundamentals refresh.

M&T BANK CORP(MTB)Stock Analysis

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13F Pro Quality Score

58.6/100

Rank #994 of 2,962 stocksTOP 50%

View Financials peers →

Rankings refresh quarterly once 80% of peers have filed (~45 days after quarter-end). Next update: ~Nov 14, 2026.

Revenue Growth

32.1/100

Profitability

90.5/100

Balance Sheet

48.5/100

Earnings Quality

52.5/100

Free Cash Flow

90.0/100

Institutional Flow

52.5/100

Revenue Scale

86.5/100

Dilution Risk

18.6/100

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Why MTB Scores 59/100

exact factor attribution · 2026-09-11

MTB's composite is driven by profitability and scale, held back by revenue growth and shareholder dilution. Bars show each factor's exact push vs. a median company, using the same weights the ranking engine applies.

Profitability

+8.1 pts

91th pct

Scale

+7.3 pts

87th pct

Free cash flow

+6.0 pts

90th pct

Earnings quality

+0.3 pts

53th pct

Institutional flow

+0.2 pts

53th pct

Earnings growth

+0.1 pts

52th pct

Capital efficiency

-0.2 pts

49th pct

Shareholder dilution

-2.1 pts

19th pct

Revenue growth

-4.8 pts

32th pct

Latest change (2026-08-04): 64 → 65 · ↑ Earnings growth 40→51; ↑ Institutional flow 33→42

Factor percentiles are cross-sectional ranks across the ~2,800-stock scored universe, computed from SEC EDGAR filings. Not investment advice.

MTB Stock Analysis & AI Quality Score

Data updated 2026-09-11

AI stock analysis and institutional research for M&T BANK CORP (MTB), a Financials sector company. 13F Pro's AI-powered ranking engine scores MTB at 58.6/100 on a 32-signal composite quality model, placing it at rank #994 of 2,962 stocks — the top half of the AI-ranked universe. MTB scores in the top quartile across profitability (90.5), free cash flow (90.0), revenue scale (86.5). Areas of concern include revenue growth (32.1), which score below median versus the broader universe. Shareholder dilution risk is elevated at 18.6/100, reflecting ongoing share issuance or stock-based compensation. Based on the latest XBRL financial filings (Q2 2026), M&T BANK CORP reports quarterly revenue of $2.5B, net income of $818.0M, an operating margin of 42.0%. Top institutional holders of MTB by reported 13-F value include BlackRock, FMR, WELLINGTON MANAGEMENT GROUP LLP, based on the most recent SEC filings. MTB trades on the NYSE exchange and files with the SEC under CIK 36270. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate MTB daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for M&T BANK CORP directly from SEC EDGAR. M&T BANK CORP's 13F Pro composite quality score has ranged between 31 and 72 since 2021, currently 58.6 — an improving long-term trajectory across 68 quarterly and live scoring snapshots.

What's Driving MTB's Business? Latest 10-Q Breakdown

✓ 22/22 datapoints verified

AI-extracted from M&T BANK CORP's 10-Q filed 2026-08-04 — Q2 FY2026 (quarter ended June 30, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.

M&T Bank's Q2 2026 net income rose to $818M (+14% YoY, +23% QoQ) as the net interest margin held steady at 3.70% and the efficiency ratio improved to 52.8% from 58.3% in Q1.

Biggest Revenue Drivers

Institutional Services and Wealth Management$231M+9% YoY

Higher sales and fund management fees in Institutional Services and increased fee income in Wealth Management from favorable market performance

Retail Bank$133M+3% YoY

Higher service charges on deposit accounts and merchant discount/credit card interchange fees

Biggest Revenue Drivers

Total revenue: $442M+6% YoY

Institutional Services and Wealth Management$231M+9% YoY

Higher sales and fund management fees in Institutional Services and increased fee income in Wealth Management from favorable market performance

Retail Bank$133M+3% YoY

Higher service charges on deposit accounts and merchant discount/credit card interchange fees

Commercial Bank$78M+3% YoY

Higher trust and service charge revenue from commercial customers

Largest Expense Items

Salaries and employee benefits$826M-10% QoQ

Prior quarter included seasonally higher stock-based compensation, payroll taxes and benefits, and higher average staffing; partly offset by full-quarter merit increases and an extra working day

Outside data processing and software$154M+7% QoQ

Enhancements to technology infrastructure, cybersecurity and financial recordkeeping/reporting systems

Professional and other services$89M-4% QoQ

Margins: Net interest margin was unchanged at 3.70% as a 5bp rise in earning-asset yields was offset by a 4bp rise in funding costs; the efficiency ratio improved to 52.8% from 58.3% in Q1 2026 on lower seasonal compensation expense.

Watch Items from the Filing

Wilmington Trust, N.A. was sued in January 2026 over its custodian/trustee role in Tricolor Holdings asset-backed securitizations; the company cannot yet estimate potential losses.
Commercial real estate concentration rose to 134% of Tier 1 capital plus allowance at June 30, 2026, up from 124% at December 31, 2025.
Criticized commercial real estate loans fell to $2.46B (10.1% of CRE loans) from $3.45B (14.5%) at year-end 2025, reflecting deliberate portfolio de-risking.
Commercial and industrial loans to nondepository financial institutions totaled $13.7B outstanding against $25.6B of commitments, with about 91% of financial/insurance industry loans classified as NDFI exposure.

AI-extracted and verified against SEC EDGAR filing text. Not investment advice.

Read the full 10-Q on SEC EDGAR →Share on X

Revenue

Q2 2026

$2.5B

Net Income

Q2 2026

$818.0M

Operating Margin

Q2 2026

42.0%

ROIC

Q2 2026

9.2%

D/E Ratio

Q2 2026

0.65

Period

Revenue & Net Income

Earnings Per Share

Key Financials Over Time

Export Financial Table · Pro

Revenue

+4.4% YoY

$9.69BFY 2025

FY22 $8.18BFY23 $9.64BFY24 $9.28BFY25 $9.69B

Net Income

+10.2% YoY

$2.85BFY 2025

FY22 $1.99BFY23 $2.74BFY24 $2.59BFY25 $2.85B

EPS (Diluted)

+16.1% YoY

$17.00FY 2025

FY22 $11.53FY23 $15.79FY24 $14.64FY25 $17.00

Total Assets

+2.6% YoY

$213.51BFY 2025

FY22 $200.73BFY23 $208.26BFY24 $208.10BFY25 $213.51B

Total Debt

-4.4% YoY

$13.06BFY 2025

FY22 $7.52BFY23 $13.52BFY24 $13.66BFY25 $13.06B

Op. Cash Flow

-16.8% YoY

$3.00BFY 2025

FY22 $4.57BFY23 $3.90BFY24 $3.61BFY25 $3.00B

Free Cash Flow

—FY 2025

FY22 $4.36BFY23 $3.65BFY24 —FY25 —

Metric	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Revenue	$9.69B +4.4%	$9.28B -3.8%	$9.64B +17.9%	$8.18B +36.5%	$5.99B +0.6%	$5.95B
Net Income	$2.85B +10.2%	$2.59B -5.6%	$2.74B +37.6%	$1.99B +7.2%	$1.86B +37.4%	$1.35B
EPS (Diluted)	$17.00 +16.1%	$14.64 -7.3%	$15.79 +36.9%	$11.53 -16.4%	$13.80 +38.8%	$9.94
Total Assets	$213.51B +2.6%	$208.10B -0.1%	$208.26B +3.8%	$200.73B +29.4%	$155.11B +8.8%	$142.60B
Total Debt	$13.06B -4.4%	$13.66B +1.1%	$13.52B +79.8%	$7.52B +112.9%	$3.53B -20.5%	$4.44B
Operating Cash Flow	$3.00B -16.8%	$3.61B -7.6%	$3.90B -14.6%	$4.57B +68.5%	$2.71B +244.0%	$789.2M
Free Cash Flow	—	—	$3.65B -16.3%	$4.36B +69.9%	$2.57B +315.8%	$617.2M

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Available Research

13F Pro tracks comprehensive data for M&T BANK CORP including:

SEC EDGAR filings (10-K, 10-Q, 8-K)

XBRL financial facts (revenue, EPS, margins)

Insider transactions (Form 4)

Institutional 13F holdings

Quality rankings (32 signals)

AI analyst debates & daily meetings

Historical financial trends

Peer comparison & sector analysis

Top Institutional Holders of MTB

BlackRock, Inc.
$3.1B12,846,003 sh
FMR LLC
$3.0B12,417,262 sh
WELLINGTON MANAGEMENT GROUP LLP
$2.3B9,801,881 sh
VANGUARD CAPITAL MANAGEMENT LLC
$2.3B9,566,754 sh
STATE STREET CORP
$1.7B7,112,644 sh
VANGUARD PORTFOLIO MANAGEMENT LLC
$1.7B7,080,537 sh
GEODE CAPITAL MANAGEMENT, LLC
$1.0B4,348,008 sh
STATE FARM MUTUAL AUTOMOBILE INSURANCE CO
$981.2M4,122,590 sh
JPMORGAN CHASE & CO
$967.8M4,045,990 sh
Invesco Ltd.
$958.0M4,025,037 sh

Fund	Value	Shares
BlackRock, Inc.	$3.1B	12,846,003
FMR LLC	$3.0B	12,417,262
WELLINGTON MANAGEMENT GROUP LLP	$2.3B	9,801,881
VANGUARD CAPITAL MANAGEMENT LLC	$2.3B	9,566,754
STATE STREET CORP	$1.7B	7,112,644
VANGUARD PORTFOLIO MANAGEMENT LLC	$1.7B	7,080,537
GEODE CAPITAL MANAGEMENT, LLC	$1.0B	4,348,008
STATE FARM MUTUAL AUTOMOBILE INSURANCE CO	$981.2M	4,122,590
JPMORGAN CHASE & CO	$967.8M	4,045,990
Invesco Ltd.	$958.0M	4,025,037

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Is MTB a good stock to buy?

13F Pro's AI-powered analysis of M&T BANK CORP (MTB) draws on SEC EDGAR-sourced fundamentals, institutional 13F holdings, and insider Form 4 transactions in the Financials sector (listed on NYSE). The 32-signal AI Quality Score, current rank, and full bull/bear verdict for MTB are available on the MTB stock profile dashboard — with the same data, AI insights, ratios, and institutional activity refreshed after every 10-K, 10-Q, 13F, and Form 4 filing. MTB is classified as a large company.

Which hedge funds own MTB?

Institutional investors are required to disclose their holdings quarterly via SEC Form 13F. 13F Pro aggregates these filings to show which hedge funds, mutual funds, and asset managers are buying or selling MTB. Combined with insider transaction data from Form 4 filings and AI-powered analysis from 10 specialized research agents, 13F Pro provides a comprehensive view of M&T BANK CORP's investment landscape.