Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

M&T Bank Corporation (0JW2.L)

Company Dividend Discount ModelIndustry: Banks - RegionalSector: Financial Services

Valuation Snapshot

Stable Growth$683.01 - $3,345.46$1,453.24
Multi-Stage$370.60 - $405.27$387.62
Blended Fair Value$920.43
Current Price$195.46
Upside370.90%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS10.14%9.20%5.435.274.763.523.453.353.102.782.682.28
YoY Growth--3.11%10.70%35.13%2.14%2.89%8.18%11.58%3.51%17.83%1.03%
Dividend Yield--3.08%3.70%4.01%2.06%2.34%3.37%1.92%1.54%1.85%1.57%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)2,771.00
(-) Cash Dividends Paid (M)925.00
(=) Cash Retained (M)1,846.00
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)554.20346.38207.83
Cash Retained (M)1,846.001,846.001,846.00
(-) Cash Required (M)-554.20-346.38-207.83
(=) Excess Retained (M)1,291.801,499.631,638.18
(/) Shares Outstanding (M)164.73164.73164.73
(=) Excess Retained per Share7.849.109.94
LTM Dividend per Share5.625.625.62
(+) Excess Retained per Share7.849.109.94
(=) Adjusted Dividend13.4614.7215.56
WACC / Discount Rate7.58%7.58%7.58%
Growth Rate5.50%6.50%7.50%
Fair Value$683.01$1,453.24$3,345.46
Upside / Downside249.44%643.49%1,611.58%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)2,771.002,951.123,142.943,347.233,564.803,796.513,910.41
Payout Ratio33.38%44.71%56.03%67.35%78.68%90.00%92.50%
Projected Dividends (M)925.001,319.301,760.952,254.442,804.653,416.863,617.13

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate7.58%7.58%7.58%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)1,214.841,226.361,237.87
Year 2 PV (M)1,493.141,521.581,550.29
Year 3 PV (M)1,760.231,810.761,862.25
Year 4 PV (M)2,016.442,093.992,173.75
Year 5 PV (M)2,262.092,371.352,484.79
PV of Terminal Value (M)52,300.4154,826.5457,449.35
Equity Value (M)61,047.1663,850.5866,758.30
Shares Outstanding (M)164.73164.73164.73
Fair Value$370.60$387.62$405.27
Upside / Downside89.60%98.31%107.34%

High-Yield Dividend Screener

« Prev Page 72 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
TCNTricon Residential Inc.1.98%$0.2253.83%
000617.SZCNPC Capital Company Limited1.97%$0.1955.65%
013580.KSKyeryong Construction Industrial Co., Ltd.1.97%$399.956.19%
600033.SSFujian Expressway Development Co.,Ltd1.97%$0.0827.53%
603337.SSJack Technology Co.,Ltd1.97%$0.8544.29%
603338.SSZhejiang Dingli Machinery Co.,Ltd1.97%$1.1232.10%
605090.SSJiangxi Jovo Energy Co., Ltd1.97%$0.8542.14%
DEZ.DEDeutz AG1.97%$0.1799.16%
KEJU.JKPT Mulia Boga Raya Tbk1.97%$13.0042.56%
LOGN.SWLogitech International S.A.1.97%$1.6036.80%
NTSC.BKNutrition SC Public Company Limited1.97%$0.1213.98%
000220.KSYuyu Pharma, Inc.1.96%$89.7431.97%
000862.SZNing Xia Yin Xing Energy Co.,Ltd1.96%$0.1178.53%
001333.SZZhejiang Guanghua Technology Co., Ltd.1.96%$0.4241.57%
002926.SZHUAXI Securities Co., Ltd.1.96%$0.1831.11%
0QMI.LSGS S.A.1.96%$1.6631.21%
0R4W.LMultitude SE1.96%$0.1219.36%
183300.KQKoMiCo Ltd.1.96%$1,854.5632.39%
600031.SSSany Heavy Industry Co., Ltd1.96%$0.4142.56%
600449.SSNingxia Building Materials Group Co.,Ltd1.96%$0.2439.64%
603477.SSLeshan Giantstar Farming&Husbandry Corporation Limited1.96%$0.3445.55%
603650.SSRed Avenue New Materials Group Co., Ltd.1.96%$0.8689.92%
EQB.TOEQB Inc.1.96%$2.0522.50%
EVROF.ATEvrofarma S.A.1.96%$0.0725.28%
HAGA.ICHagar hf1.96%$2.3034.34%
INISS-B.STInission AB (publ)1.96%$0.9855.65%
TWPC.BKThai Wah Public Company Limited1.96%$0.0632.91%
001358.SZShaoxing Xingxin New Materials Co Ltd1.95%$0.5095.37%
003039.SZGuangdong Shunkong Development Co.,Ltd.1.95%$0.3170.47%
267250.KSHD Hyundai Co., Ltd.1.95%$3,599.8749.88%
4553.TTowa Pharmaceutical Co., Ltd.1.95%$71.0416.94%
688236.SSBeijing Chunlizhengda Medical Instruments Co., Ltd.1.95%$0.4566.78%
MIDI.JKPT Midi Utama Indonesia Tbk1.95%$7.3536.66%
002662.SZBeijing WKW Automotive Parts Co.,Ltd.1.94%$0.0849.66%
002697.SZChengdu Hongqi Chain Co.,Ltd.1.94%$0.1230.44%
0345.HKVitasoy International Holdings Limited1.94%$0.1336.86%
079430.KSHyundai Livart Furniture Company Limited1.94%$131.1521.94%
0GEG.LVaisala Oyj1.94%$0.8548.66%
2229.TCalbee, Inc.1.94%$58.0941.83%
3284.THoosiers Holdings Co., Ltd.1.94%$25.5522.98%
4819.TDigital Garage, Inc.1.94%$52.4275.12%
600061.SSSDIC Capital Co.,Ltd1.94%$0.1529.00%
600356.SSMudanjiang Hengfeng Paper Co.,Ltd1.94%$0.1733.08%
600563.SSXiamen Faratronic Co., Ltd.1.94%$2.0439.85%
688468.SSChemclin Diagnostics Co., Ltd.1.94%$0.1499.41%
9610.SRFirst Avenue for Real Estate De1.94%$0.1216.89%
ADMIE.ATAdmie Holding S.A.1.94%$0.0610.56%
MPHASIS.BOMphasis Limited1.94%$54.4258.27%
TREL-B.STTrelleborg AB (publ)1.94%$7.5646.55%
005740.KSCROWNHAITAI Holdings Co.,Ltd.1.93%$130.059.54%