M&T Bank Corporation (MTB) vs PayPal Holdings, Inc. (PYPL)

MTB leads on 8 of 14 compared metrics, though PYPL is the cheaper stock.

A side-by-side comparison of M&T Bank Corporation and PayPal Holdings, Inc. 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).

Compare

Total return — MTB vs PYPL

growth of $100 · last 11y
MTB +83.7%PYPL +13.6%MTB compounded faster
200400600800Start $10020172019202120232025$184$114
MTB PYPL

MTB vs PYPL: by the numbers

  • PYPL is the larger company ($36.78B vs $34.16B market cap).
  • PYPL trades at the lower earnings multiple (7.82 vs 12.98 P/E).
  • MTB converts more revenue to profit (23.71% vs 15.00% net margin).
  • MTB grew revenue faster over the past five years (14.97% vs 8.09% CAGR).
  • MTB pays the higher dividend yield (2.57% vs 1.01%).

Which is better, MTB or PYPL?

Metric tally: MTB 8 · PYPL 6

It depends on what you're optimizing for:

ValuePYPL(lower P/E)
GrowthMTB(faster 5Y revenue CAGR)
IncomeMTB(higher dividend yield)
QualityPYPL(higher ROIC)

Metrics side by side

Valuation

MetricMTBPYPL
P/E ratio12.987.82
Forward P/E12.487.24
P/S ratio2.951.14
P/B ratio1.311.92
PEG ratio0.730.30

Profitability

MetricMTBPYPL
Gross margin75.31%46.12%
Operating margin30.69%17.85%
Net margin23.71%15.00%
ROE10.48%25.26%
ROIC6.75%14.95%

Dividends

MetricMTBPYPL
Dividend yield2.57%1.01%
Payout ratio35.09%7.69%

Growth (annualized)

MetricMTBPYPL
Revenue CAGR (5Y)14.97%8.09%
EPS CAGR (5Y)11.46%8.81%
Total return CAGR (5Y)13.08%-31.95%

Frequently asked

Which is better, MTB or PYPL?
It depends on your goal. value: PYPL (lower P/E); growth: MTB (faster 5Y revenue CAGR); income: MTB (higher dividend yield); quality: PYPL (higher ROIC). Across all compared metrics, MTB leads 8 to 6.
Is MTB or PYPL cheaper?
On trailing earnings, PYPL is cheaper: MTB trades at a 12.98 P/E and PYPL at 7.82.
Which has grown faster, MTB or PYPL?
Over the past five years, MTB grew revenue faster — MTB at a 14.97% CAGR versus PYPL at 8.09%.
Does MTB or PYPL pay a bigger dividend?
MTB yields 2.57% and PYPL yields 1.01% based on trailing dividends and the latest price.
Is MTB or PYPL more profitable?
MTB runs the higher net margin — MTB at 23.71% versus PYPL at 15.00%.
Which has been the better investment, MTB or PYPL?
Over the past 10-year, MTB delivered the higher annualized total return — MTB at 10.67% versus PYPL at 1.38%. 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 June 24, 2026.