WallStSmart

M&T Bank Corporation (MTB)vsRoyal Bank of Canada (RY)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Royal Bank of Canada generates 606% more annual revenue ($65.72B vs $9.31B). RY leads profitability with a 33.7% profit margin vs 31.5%. MTB appears more attractively valued with a PEG of 1.46. MTB earns a higher WallStSmart Score of 77/100 (B+).

MTB

Strong Buy

77

out of 100

Grade: B+

Growth: 7.3Profit: 7.5Value: 6.3Quality: 4.5
Piotroski: 6/9Altman Z: -0.32

RY

Strong Buy

70

out of 100

Grade: B-

Growth: 8.7Profit: 8.0Value: 4.3Quality: 5.0
Piotroski: 4/9Altman Z: -0.50

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

MTB5 strengths · Avg: 9.2/10
Price/BookValuation
1.3x10/10

Reasonable price relative to book value

Profit MarginProfitability
31.5%10/10

Keeps 32 of every $100 in revenue as profit

Operating MarginProfitability
38.9%10/10

Strong operational efficiency at 38.9%

P/E RatioValuation
13.0x8/10

Attractively priced relative to earnings

EPS GrowthGrowth
24.4%8/10

Earnings expanding 24.4% YoY

RY6 strengths · Avg: 9.3/10
Market CapQuality
$277.29B10/10

Mega-cap, among the largest globally

Profit MarginProfitability
33.7%10/10

Keeps 34 of every $100 in revenue as profit

Operating MarginProfitability
45.3%10/10

Strong operational efficiency at 45.3%

Free Cash FlowQuality
$20.82B10/10

Generating 20.8B in free cash flow

Price/BookValuation
2.9x8/10

Reasonable price relative to book value

Revenue GrowthGrowth
16.1%8/10

16.1% revenue growth

Areas to Watch

MTB1 concerns · Avg: 2.0/10
Altman Z-ScoreHealth
-0.322/10

Distress zone — elevated risk

RY3 concerns · Avg: 1.7/10
PEG RatioValuation
2.532/10

Expensive relative to growth rate

Altman Z-ScoreHealth
-0.502/10

Distress zone — elevated risk

Debt/EquityHealth
2.771/10

Elevated debt levels

Comparative Analysis Report

WallStSmart Research

Bull Case : MTB

The strongest argument for MTB centers on Price/Book, Profit Margin, Operating Margin. Profitability is solid with margins at 31.5% and operating margin at 38.9%. PEG of 1.46 suggests the stock is reasonably priced for its growth.

Bull Case : RY

The strongest argument for RY centers on Market Cap, Profit Margin, Operating Margin. Profitability is solid with margins at 33.7% and operating margin at 45.3%. Revenue growth of 16.1% demonstrates continued momentum.

Bear Case : MTB

The primary concerns for MTB are Altman Z-Score.

Bear Case : RY

The primary concerns for RY are PEG Ratio, Altman Z-Score, Debt/Equity. Debt-to-equity of 2.77 is elevated, increasing financial risk.

Key Dynamics to Monitor

MTB profiles as a mature stock while RY is a growth play — different risk/reward profiles.

RY carries more volatility with a beta of 0.94 — expect wider price swings.

RY is growing revenue faster at 16.1% — sustainability is the question.

RY generates stronger free cash flow (20.8B), providing more financial flexibility.

Bottom Line

MTB scores higher overall (77/100 vs 70/100), backed by strong 31.5% margins. Both earn "Strong Buy" and "Strong Buy" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

M&T Bank Corporation

FINANCIAL SERVICES · BANKS - REGIONAL · USA

M&T Bank Corporation is an American bank holding company headquartered in Buffalo, New York.

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Royal Bank of Canada

FINANCIAL SERVICES · BANKS - DIVERSIFIED · USA

Royal Bank of Canada is a globally diversified financial services company. The company is headquartered in Toronto, Canada.

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