Is ARES or MTB cheaper?

On trailing earnings, MTB is cheaper: ARES trades at a 50.75 P/E and MTB at 12.98.

Which has grown faster, ARES or MTB?

Over the past five years, ARES grew revenue faster — ARES at a 27.56% CAGR versus MTB at 14.97%.

Does ARES or MTB pay a bigger dividend?

ARES yields 4.09% and MTB yields 2.57% based on trailing dividends and the latest price.

Is ARES or MTB more profitable?

MTB runs the higher net margin — ARES at 9.87% versus MTB at 23.71%.

Which has been the better investment, ARES or MTB?

Over the past 10-year, ARES delivered the higher annualized total return — ARES at 29.29% versus MTB at 10.67%. Past performance doesn't predict future results.

Ares Management Corporation (ARES) vs M&T Bank Corporation (MTB)

MTB leads on 9 of 14 compared metrics.

A side-by-side comparison of Ares Management Corporation and M&T Bank Corporation across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 24, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

ARES

Ares Management Corporation

$39.67B

$120.78Financial Services

MTB

M&T Bank Corporation

$34.16B

$233.26Financial Services

Total return — ARES vs MTB

growth of $100 · last 12y

ARES +549.4%MTB +89.9%ARES compounded faster

ARES MTB

ARES vs MTB: by the numbers

•ARES is the larger company ($39.67B vs $34.16B market cap).
•MTB trades at the lower earnings multiple (12.98 vs 50.75 P/E).
•MTB converts more revenue to profit (23.71% vs 9.87% net margin).
•ARES grew revenue faster over the past five years (27.56% vs 14.97% CAGR).
•ARES pays the higher dividend yield (4.09% vs 2.57%).

Which is better, ARES or MTB?

Metric tally: ARES 5 · MTB 9

It depends on what you're optimizing for:

ValueMTB(lower P/E)

GrowthARES(faster 5Y revenue CAGR)

IncomeARES(higher dividend yield)

QualityMTB(higher ROIC)

Metrics side by side

Valuation

Metric	ARES	MTB
P/E ratio	50.75	12.98●
Forward P/E	20.11	12.48●
P/S ratio	4.29	2.95●
P/B ratio	6.72	1.31●
PEG ratio	2.97	0.73●

Profitability

Metric	ARES	MTB
Gross margin	70.73%	75.31%●
Operating margin	22.90%	30.69%●
Net margin	9.87%	23.71%●
ROE	15.47%●	10.48%
ROIC	5.14%	6.75%●

Dividends

Metric	ARES	MTB
Dividend yield	4.09%●	2.57%
Payout ratio	252.04%	35.09%

Growth (annualized)

Metric	ARES	MTB
Revenue CAGR (5Y)	27.56%●	14.97%
EPS CAGR (5Y)	17.11%●	11.46%
Total return CAGR (5Y)	18.95%●	13.08%

Frequently asked

Which is better, ARES or MTB?: It depends on your goal. value: MTB (lower P/E); growth: ARES (faster 5Y revenue CAGR); income: ARES (higher dividend yield); quality: MTB (higher ROIC). Across all compared metrics, MTB leads 9 to 5.
Is ARES or MTB cheaper?: On trailing earnings, MTB is cheaper: ARES trades at a 50.75 P/E and MTB at 12.98.
Which has grown faster, ARES or MTB?: Over the past five years, ARES grew revenue faster — ARES at a 27.56% CAGR versus MTB at 14.97%.
Does ARES or MTB pay a bigger dividend?: ARES yields 4.09% and MTB yields 2.57% based on trailing dividends and the latest price.
Is ARES or MTB more profitable?: MTB runs the higher net margin — ARES at 9.87% versus MTB at 23.71%.
Which has been the better investment, ARES or MTB?: Over the past 10-year, ARES delivered the higher annualized total return — ARES at 29.29% versus MTB at 10.67%. Past performance doesn't predict future results.

Go deeper

Full ARES analysis Full MTB analysis Interactive comparison tool

Dig into the metrics

Ares Management P/E ratio M&T Bank P/E ratio Ares Management dividend yield M&T Bank dividend yield Ares Management ROE M&T Bank ROE Ares Management operating margin M&T Bank operating margin Ares Management revenue growth M&T Bank revenue growth Ares Management free cash flow M&T Bank free cash flow

Ares Management & M&T Bank appear in these rankings

Highest Dividend Yield Stocks Fastest Revenue Growth Stocks Highest Operating Margin Stocks Highest FCF Yield Stocks

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified June 24, 2026.