Which has the lower trailing P/E, MTB or NTRS?

MTB has the lower trailing P/E: MTB trades at 13.21 and NTRS at 15.92. P/E is one valuation measure and does not by itself establish which business is cheaper.

Which has grown faster, MTB or NTRS?

Over the past five years, NTRS grew revenue faster — MTB at a 15.23% CAGR versus NTRS at 19.50%.

Does MTB or NTRS pay a bigger dividend?

MTB yields 2.40% and NTRS yields 1.73% based on trailing dividends and the latest price.

Is MTB or NTRS more profitable?

MTB runs the higher net margin — MTB at 24.40% versus NTRS at 14.76%.

How have MTB and NTRS total returns compared?

Over the past 10 years, MTB delivered 11.01% and NTRS delivered 13.42% annualized total return. Past performance doesn't predict future results.

M&T Bank Corporation (MTB) vs Northern Trust Corporation (NTRS)

A side-by-side comparison of M&T Bank Corporation and Northern Trust Corporation across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of August 9, 2026. Differences are shown without an overall score or investment verdict.

MTB

M&T Bank Corporation

$36.30B

$250.45Financial ServicesAt close: Aug 7, 2026, 4:00 PM ET

NTRS

Northern Trust Corporation

$33.94B

$185.50Financial ServicesAt close: Aug 7, 2026, 4:00 PM ET

Total return — MTB vs NTRS

growth of $100 · dividends reinvested · last 30y

MTB +1981.4%NTRS +2152.6%NTRS compounded faster

MTB NTRS

MTB vs NTRS: by the numbers

•MTB is the larger company ($36.30B vs $33.94B market cap).
•MTB trades at the lower trailing earnings multiple (13.21 vs 15.92 P/E), one valuation lens rather than an overall verdict.
•MTB converts more revenue to profit (24.40% vs 14.76% net margin).
•NTRS grew revenue faster over the past five years (19.50% vs 15.23% CAGR).
•MTB pays the higher dividend yield (2.40% vs 1.73%).

Metrics side by side

Valuation

Metric	MTB	NTRS
P/E ratio	13.21	15.92
Forward P/E	12.97	16.19
P/S ratio	3.15	2.26
P/B ratio	1.40	2.56
PEG ratio	0.73	1.61

Profitability

Metric	MTB	NTRS
Gross margin	76.03%	59.78%
Operating margin	33.19%	19.83%
Net margin	24.40%	14.76%
ROE	10.85%	16.72%
ROIC	6.75%	5.04%

Dividends

Metric	MTB	NTRS
Dividend yield	2.40%	1.73%
Payout ratio	35.09%	36.41%

Growth (annualized)

Metric	MTB	NTRS
Revenue CAGR (5Y)	15.23%	19.50%
EPS CAGR (5Y)	11.46%	9.91%
Total return CAGR (5Y)	16.29%	13.31%

Frequently asked

Which has the lower trailing P/E, MTB or NTRS?: MTB has the lower trailing P/E: MTB trades at 13.21 and NTRS at 15.92. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, MTB or NTRS?: Over the past five years, NTRS grew revenue faster — MTB at a 15.23% CAGR versus NTRS at 19.50%.
Does MTB or NTRS pay a bigger dividend?: MTB yields 2.40% and NTRS yields 1.73% based on trailing dividends and the latest price.
Is MTB or NTRS more profitable?: MTB runs the higher net margin — MTB at 24.40% versus NTRS at 14.76%.
How have MTB and NTRS total returns compared?: Over the past 10 years, MTB delivered 11.01% and NTRS delivered 13.42% annualized total return. Past performance doesn't predict future results.

Go deeper

Full MTB analysis Full NTRS analysis Interactive comparison tool

Dig into the metrics

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

M&T Bank & Northern Trust 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 August 9, 2026.