BAC vs MTB: Which Is the Better Dividend Stock?
As of September 2026, MTB (M&T Bank Corporation) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. MTB offers the higher yield at 2.73%, MTB has the higher dividend-safety score, and MTB trades at the larger discount to fair value (+82%).
| Metric | BAC | MTB |
|---|---|---|
| Forward yield | 2.29% | 2.73% |
| Annual dividend | $1.28 | $6.00 |
| Payout ratio | 26% | 32% |
| Years of growth | 12 yr | 9 yr |
| 5-yr dividend growth | 8.4% | 5.3% |
| 5-yr total return | 21% | 55% |
| Dividend safety score | 86 (A) | 97 (A) |
| Fair value estimate | $91.91 | $412.62 |
| Upside to fair value | +59% | +82% |
| Frequency | quarterly | quarterly |
| Market cap | $390.9B | $31.6B |
| P/E ratio | 12.9 | 11.5 |
Higher yield
MTB
2.73%
Safer dividend
MTB
Grade A
Faster growth
BAC
8.4%
Better value
MTB
+82% upside
BAC vs MTB — FAQ
Related comparisons
See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.