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.
ARES
Ares Management Corporation
$123.80Financial ServicesDelayed quote: Sep 18, 2026, 4:00 PM EDT
MTB
M&T Bank Corporation
$227.31Financial ServicesDelayed quote: Sep 18, 2026, 4:00 PM EDT
Total return — ARES vs MTB
growth of $100 · dividends reinvested · last 10yARES +946.6% (+26.5%/yr)MTB +175.8% (+10.7%/yr)ARES compounded faster over this window
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
| Metric | ARES | MTB |
|---|---|---|
| P/E ratio | 51.37 | 11.99 |
| Forward P/E | 21.13 | 11.75 |
| P/S ratio | 6.37 | 2.65 |
| P/B ratio | 10.25 | 1.18 |
Profitability
| Metric | ARES | MTB |
|---|---|---|
| Gross margin | 74.79% | 76.03% |
| Operating margin | 23.18% | 33.19% |
| Net margin | 9.97% | 24.40% |
| ROE | 16.04% | 10.85% |
Dividends
| Metric | ARES | MTB |
|---|---|---|
| Dividend yield | 3.75% | 2.50% |
| Payout ratio | 204.98% | 31.65% |
Growth (annualized)
| Metric | ARES | MTB |
|---|---|---|
| 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.
Go deeper
Dig into the metrics
Ares Management P/E ratioM&T Bank P/E ratioAres Management dividend yieldM&T Bank dividend yieldAres Management ROEM&T Bank ROEAres Management operating marginM&T Bank operating marginAres Management revenue growthM&T Bank revenue growth
Ares Management & M&T Bank appear in these rankings
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.