MTB
M&T Bank Corporation Financial Services - Banking Investor Relations →
M&T Bank Corporation (MTB) closed at $216.44 as of 2026-05-01, trading 37.0% above its 200-week moving average of $158.01. The stock moved further from the line this week, up from 36.3% last week. The 14-week RSI sits at 52, indicating neutral momentum.
Trading volume is running at 0.9x of its 14-week average, which is in the normal range. The balance between buying and selling volume (0.92 ratio) is neutral — neither side is clearly dominating.
Over the past 2358 weeks of data, MTB has crossed below its 200-week moving average 21 times. On average, these episodes lasted 12 weeks. Historically, investors who bought MTB at the start of these episodes saw an average one-year return of +34.6%.
With a market cap of $32.1 billion, MTB is a large-cap stock. Return on equity stands at 10.3%. The stock trades at 1.2x book value.
The company has been aggressively buying back shares, reducing its share count by 10.3% over the past three years.
Over the past 33.3 years, a hypothetical investment of $100 in MTB would have grown to $3382, compared to $2973 for the S&P 500. That represents an annualized return of 11.1% vs 10.7% for the index — confirming MTB as a market-beating investment and the kind of quality company where buying during 200-week moving average touches has historically been rewarded.
Free cash flow has been declining at a -13.1% compound annual rate. A deteriorating cash flow trend warrants extra scrutiny — the stock may be cheap for a reason.
Business Health
Annual financials — how the underlying business has performed over the past several years.
Cash Flow Free cash flow & net income ($M)
Revenue Annual revenue ($M) — business growth proxy
Total Debt Balance sheet debt ($M)
ROIC Return on invested capital (%)
FCF Yield Free cash flow / market cap (%) — Yartseva signal
Gross Margin Pricing power & competitive moat (%)
Shares Outstanding Buybacks vs dilution (millions)
Growth of $100: MTB vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After MTB Crosses Below the Line?
Across 18 historical episodes, buying MTB when it crossed below its 200-week moving average produced an average return of +27.0% after 12 months (median +37.0%), compared to +11.8% for the S&P 500 over the same periods. 78% of those episodes were profitable after one year. After 24 months, the average return was +36.5% vs +25.2% for the index.
Each line shows $100 invested at the moment MTB crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
MTB has crossed below its 200-week MA 21 times with an average 1-year return of +34.6% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Aug 1990 | Aug 1990 | 1 | 1.1% | +91.5% | +9263.6% |
| Sep 1990 | Nov 1990 | 9 | 8.3% | +93.9% | +9632.4% |
| Jan 1991 | Jan 1991 | 2 | 0.7% | +103.1% | +8973.7% |
| Feb 2000 | Mar 2000 | 5 | 9.0% | +75.7% | +977.5% |
| May 2000 | May 2000 | 2 | 3.8% | +74.8% | +939.8% |
| Jul 2007 | Aug 2007 | 2 | 2.8% | -26.1% | +284.0% |
| Oct 2007 | Mar 2010 | 125 | 65.2% | -25.7% | +275.8% |
| May 2010 | Jun 2010 | 1 | 1.3% | +17.7% | +349.1% |
| Nov 2011 | Nov 2011 | 1 | 1.9% | +52.5% | +379.2% |
| Jan 2016 | Jan 2016 | 2 | 2.7% | +52.9% | +177.0% |
| Feb 2016 | Feb 2016 | 3 | 1.8% | +59.8% | +173.2% |
| Dec 2018 | Dec 2018 | 1 | 0.9% | +25.3% | +96.1% |
| Aug 2019 | Sep 2019 | 2 | 2.0% | -26.5% | +86.7% |
| Feb 2020 | Jan 2021 | 45 | 41.1% | +11.6% | +88.9% |
| Jan 2021 | Feb 2021 | 4 | 8.0% | +15.2% | +78.4% |
| Jun 2021 | Jun 2021 | 1 | 0.1% | +16.9% | +76.2% |
| Jul 2021 | Sep 2021 | 11 | 9.7% | +15.0% | +77.0% |
| Dec 2022 | Dec 2022 | 1 | 0.8% | +6.1% | +72.3% |
| Mar 2023 | Jul 2023 | 19 | 19.7% | +12.8% | +81.6% |
| Aug 2023 | Dec 2023 | 17 | 18.8% | +24.1% | +74.2% |
| Feb 2024 | Feb 2024 | 1 | 0.0% | +55.2% | +74.0% |
| Average | 12 | — | +34.6% | — |
Frequently Asked Questions
Is MTB below its 200-week moving average?
No. M&T Bank Corporation (MTB) is currently 37.0% above its 200-week moving average of $158.01. It would need to fall to $158.01 to cross below the line.
What is MTB's 200-week moving average price?
M&T Bank Corporation's 200-week moving average is $158.01 as of 2026-05-01. This is the average weekly closing price over roughly the last 4 years, and it acts as a long-term trend line. When a stock drops below this level, it can signal that the price has fallen far enough from the long-term trend to attract value-oriented investors.
What happens when MTB drops below its 200-week moving average?
MTB has crossed below its 200-week moving average 21 times in our data. On average, buying at that moment produced a one-year return of +34.6%. These dips have historically been decent entry points. These episodes lasted 12 weeks on average.
Is MTB a good value right now?
Here's what our data says about MTB as of 2026-05-01: The stock is above its 200-week moving average, so it doesn't currently meet our primary signal. The 14-week RSI is 52. Return on equity is 10.3%. Price-to-book is 1.2x. This is not a buy or sell recommendation — always do your own research.
How does MTB compare to the S&P 500?
Over the past 33.3 years, $100 invested in MTB would have grown to $3382, compared to $2973 for the S&P 500. That's 11.1% annualized vs 10.7% for the index. MTB has outperformed the broader market over this period.
Does MTB pay a dividend?
Yes. M&T Bank Corporation currently pays a dividend yield of 277.00%.
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of week of 2026-05-01