Cboe Global Markets, Inc. (CBOE) vs M&T Bank Corporation (MTB)

A side-by-side comparison of Cboe Global Markets, Inc. and M&T Bank Corporation across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of August 23, 2026. Differences are shown without an overall score or investment verdict.

Compare

Total returnCBOE vs MTB

growth of $100 · dividends reinvested · last 10y
CBOE +399.3% (+17.4%/yr)MTB +172.5% (+10.5%/yr)CBOE compounded faster over this window
200400600Start $10020182020202220242026$499$273
CBOE MTB

CBOE vs MTB: by the numbers

  • MTB is the larger company ($34.83B vs $31.47B market cap).
  • MTB trades at the lower trailing earnings multiple (12.68 vs 23.44 P/E), one valuation lens rather than an overall verdict.
  • CBOE converts more revenue to profit (26.73% vs 24.40% net margin).
  • MTB grew revenue faster over the past five years (15.23% vs 7.98% CAGR).
  • MTB pays the higher dividend yield (2.50% vs 0.96%).

Metrics side by side

Valuation

MetricCBOEMTB
P/E ratio23.4412.68
Forward P/E21.4612.42
P/S ratio6.233.03
P/B ratio5.611.35

Profitability

MetricCBOEMTB
Gross margin52.29%76.03%
Operating margin35.18%33.19%
Net margin26.73%24.40%
ROE24.05%10.85%

Dividends

MetricCBOEMTB
Dividend yield0.96%2.50%
Payout ratio27.53%35.09%

Growth (annualized)

MetricCBOEMTB
Revenue CAGR (5Y)7.98%15.23%
EPS CAGR (5Y)19.57%11.46%
Total return CAGR (5Y)19.89%15.72%

Frequently asked

Which has the lower trailing P/E, CBOE or MTB?
MTB has the lower trailing P/E: CBOE trades at 23.44 and MTB at 12.68. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, CBOE or MTB?
Over the past five years, MTB grew revenue faster — CBOE at a 7.98% CAGR versus MTB at 15.23%.
Does CBOE or MTB pay a bigger dividend?
CBOE yields 0.96% and MTB yields 2.50% based on trailing dividends and the latest price.
Is CBOE or MTB more profitable?
CBOE runs the higher net margin — CBOE at 26.73% versus MTB at 24.40%.
How have CBOE and MTB total returns compared?
Over the past 10 years, CBOE delivered 17.53% and MTB delivered 10.51% 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 August 23, 2026.