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

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 September 13, 2026. Differences are shown without an overall score or investment verdict.

Compare

Total returnARES vs MTB

growth of $100 · dividends reinvested · last 10y
ARES +946.6% (+26.5%/yr)MTB +175.8% (+10.7%/yr)ARES compounded faster over this window
05001k2kStart $10020182020202220242026$1,047$276
ARES MTB

ARES vs MTB: by the numbers

  • ARES is the larger company ($40.66B vs $32.94B market cap).
  • MTB trades at the lower trailing earnings multiple (11.99 vs 51.37 P/E), one valuation lens rather than an overall verdict.
  • MTB converts more revenue to profit (24.40% vs 9.97% net margin).
  • ARES grew revenue faster over the past five years (15.54% vs 15.23% CAGR).
  • ARES pays the higher dividend yield (3.75% vs 2.50%).

Metrics side by side

Valuation

MetricARESMTB
P/E ratio51.3711.99
Forward P/E21.1311.75
P/S ratio6.372.65
P/B ratio10.251.18

Profitability

MetricARESMTB
Gross margin74.79%76.03%
Operating margin23.18%33.19%
Net margin9.97%24.40%
ROE16.04%10.85%

Dividends

MetricARESMTB
Dividend yield3.75%2.50%
Payout ratio204.98%31.65%

Growth (annualized)

MetricARESMTB
Revenue CAGR (5Y)15.54%15.23%
EPS CAGR (5Y)17.11%11.33%
Total return CAGR (5Y)14.24%15.63%

Frequently asked

Which has the lower trailing P/E, ARES or MTB?
MTB has the lower trailing P/E: ARES trades at 51.37 and MTB at 11.99. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, ARES or MTB?
Over the past five years, ARES grew revenue faster — ARES at a 15.54% CAGR versus MTB at 15.23%.
Does ARES or MTB pay a bigger dividend?
ARES yields 3.75% and MTB yields 2.50% based on trailing dividends and the latest price.
Is ARES or MTB more profitable?
MTB runs the higher net margin — ARES at 9.97% versus MTB at 24.40%.
How have ARES and MTB total returns compared?
Over the past 10 years, ARES delivered 26.80% and MTB delivered 10.55% annualized total return. Past performance doesn't predict future results.

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 September 13, 2026.