MTB vs. SAN: M&T Bank vs. Banco Santander Stock Comparison

Company Profile

M&T Bank (MTB) and Banco Santander (SAN) both belong to the Banks industry, though MTB is classified under Regional Banks while SAN falls under Diversified Banks.

M&T Bank (MTB) trades as ordinary local shares, while Banco Santander (SAN) trades as an ADR — compare with FX exposure, depositary-program fees, and dividend-withholding-tax differences in mind.

Price Performance

Cumulative Growth

Trailing Returns

Calendar-Year Returns

Performance Metrics

Risk Profile

Drawdown History

Return Distribution

Risk Metrics

Banco Santander (SAN) is heavily traded at around 11.52M shares per day, whereas M&T Bank (MTB) sees a more moderate 979.16K — larger orders in the latter may require more patience and tighter control over order sizing.

Risk-Adjusted Performance

Risk-Return Positioning

Risk-Adjusted Metrics

Profitability

Both M&T Bank (MTB) at 10.60% and Banco Santander (SAN) at 13.06% land near their industries’ usual ROE ranges, so capital efficiency looks broadly in line with peers on both sides.

Both M&T Bank (MTB) at 31.87% and Banco Santander (SAN) at 32.58% keep about the typical share of revenue as profit for their industries — neither bottom line stands out from peers.

Neither side reports a meaningful operating margin: for M&T Bank (MTB) in Banks and Banco Santander (SAN) in Banks, funding costs are part of the core business, so net margin and ROE are the cleaner profitability reads.

Profitability Metrics

Growth

Both M&T Bank (MTB) at 4.34% and Banco Santander (SAN) at -0.47% post bottom-quartile revenue growth versus peers, pointing to weaker demand or pricing momentum than typical rivals.

Both M&T Bank (MTB) at 16.12% and Banco Santander (SAN) at 17.19% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.

Growth Metrics

Financial Strength

current ratio doesn’t apply on either side: M&T Bank (MTB) in Banks and Banco Santander (SAN) in Banks both report balance sheets without a current/non-current split, so their short-term liquidity is better judged through regulatory and funding measures.

debt-to-equity ratio is set aside for both: M&T Bank (MTB) in Banks and Banco Santander (SAN) in Banks run businesses where balance-sheet leverage is part of the model, so capital-adequacy and funding measures are the better gauges of balance-sheet risk.

Financial Strength Metrics

Dividends

Both M&T Bank (MTB) at 2.73% and Banco Santander (SAN) at 2.10% pay solid, industry-typical yields, sitting squarely within their peers’ usual range.

Both M&T Bank (MTB) at 31.35% and Banco Santander (SAN) at 25.91% keep payout ratio within their industries’ typical mid-ranges — dividend policies that share earnings without consuming too much of them.

Dividend Metrics

Valuation

Both M&T Bank (MTB) at 11.38 and Banco Santander (SAN) at 11.08 land around their industries’ usual P/E ratio levels — neither is getting a clear earnings-multiple discount or premium versus peers.

P/S ratio is set aside for both M&T Bank (MTB) in Banks and Banco Santander (SAN) in Banks: without a conventional revenue line, pricing per dollar of sales isn’t meaningful, and book- or earnings-based multiples make the better comparison.

On P/B ratio, both M&T Bank (MTB) at 1.24 and Banco Santander (SAN) at 1.33 are valued close to their industries’ norm against book — neither stands out from peers.

Valuation Metrics