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

MTB has the lower trailing P/E: MTB trades at 11.78 and RJF at 13.88. P/E is one valuation measure and does not by itself establish which business is cheaper.

Which has grown faster, MTB or RJF?

Over the past five years, MTB grew revenue faster — MTB at a 15.23% CAGR versus RJF at 13.02%.

Does MTB or RJF pay a bigger dividend?

MTB yields 2.50% and RJF yields 1.22% based on trailing dividends and the latest price.

Is MTB or RJF more profitable?

MTB runs the higher net margin — MTB at 24.40% versus RJF at 13.62%.

How have MTB and RJF total returns compared?

Over the past 10 years, MTB delivered 10.55% and RJF delivered 18.02% annualized total return. Past performance doesn't predict future results.

M&T Bank Corporation (MTB) vs Raymond James Financial, Inc. (RJF)

A side-by-side comparison of M&T Bank Corporation and Raymond James Financial, Inc. 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.

MTB

M&T Bank Corporation

$32.38B

$223.42Financial ServicesDelayed quote: Sep 22, 2026, 4:00 PM EDT

RJF

Raymond James Financial, Inc.

$30.62B

$159.39Financial ServicesDelayed quote: Sep 22, 2026, 4:00 PM EDT

Total return — MTB vs RJF

growth of $100 · dividends reinvested · last 10y

MTB +178.2% (+10.8%/yr)RJF +434.4% (+18.2%/yr)RJF compounded faster over this window

MTB RJF

MTB vs RJF: by the numbers

•MTB is the larger company ($32.38B vs $30.62B market cap).
•MTB trades at the lower trailing earnings multiple (11.78 vs 13.88 P/E), one valuation lens rather than an overall verdict.
•MTB converts more revenue to profit (24.40% vs 13.62% net margin).
•MTB grew revenue faster over the past five years (15.23% vs 13.02% CAGR).
•MTB pays the higher dividend yield (2.50% vs 1.22%).

Metrics side by side

Valuation

Metric	MTB	RJF
P/E ratio	11.78	13.88
Forward P/E	11.55	13.12
P/S ratio	2.60	1.81
P/B ratio	1.16	2.41

Profitability

Metric	MTB	RJF
Gross margin	76.03%	83.54%
Operating margin	33.19%	28.66%
Net margin	24.40%	13.62%
ROE	10.85%	18.16%

Dividends

Metric	MTB	RJF
Dividend yield	2.50%	1.22%
Payout ratio	31.65%	18.47%

Growth (annualized)

Metric	MTB	RJF
Revenue CAGR (5Y)	15.23%	13.02%
EPS CAGR (5Y)	11.33%	21.61%
Total return CAGR (5Y)	15.63%	15.53%

Frequently asked

Which has the lower trailing P/E, MTB or RJF?: MTB has the lower trailing P/E: MTB trades at 11.78 and RJF at 13.88. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, MTB or RJF?: Over the past five years, MTB grew revenue faster — MTB at a 15.23% CAGR versus RJF at 13.02%.
Does MTB or RJF pay a bigger dividend?: MTB yields 2.50% and RJF yields 1.22% based on trailing dividends and the latest price.
Is MTB or RJF more profitable?: MTB runs the higher net margin — MTB at 24.40% versus RJF at 13.62%.
How have MTB and RJF total returns compared?: Over the past 10 years, MTB delivered 10.55% and RJF delivered 18.02% annualized total return. Past performance doesn't predict future results.

Go deeper

Full MTB analysis Full RJF analysis Interactive comparison tool

Dig into the metrics

M&T Bank P/E ratio Raymond James Financial P/E ratio M&T Bank dividend yield Raymond James Financial dividend yield M&T Bank ROE Raymond James Financial ROE M&T Bank operating margin Raymond James Financial operating margin M&T Bank revenue growth Raymond James Financial revenue growth

M&T Bank & Raymond James Financial 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 September 13, 2026.