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$1,236.14 - $3,345.46$3,135.18
Multi-Stage$470.77 - $515.27$492.61
Blended Fair Value$1,813.90
Current Price$195.46
Upside828.01%
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 Rate6.65%6.65%6.65%
Growth Rate5.50%6.50%7.50%
Fair Value$1,236.14$3,135.18$3,345.46
Upside / Downside532.43%1,504.00%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 Rate6.65%6.65%6.65%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)1,225.441,237.051,248.67
Year 2 PV (M)1,519.301,548.241,577.45
Year 3 PV (M)1,806.691,858.551,911.40
Year 4 PV (M)2,087.712,168.002,250.58
Year 5 PV (M)2,362.472,476.582,595.06
PV of Terminal Value (M)68,546.1271,856.9275,294.44
Equity Value (M)77,547.7381,145.3484,877.59
Shares Outstanding (M)164.73164.73164.73
Fair Value$470.77$492.61$515.27
Upside / Downside140.85%152.03%163.62%

High-Yield Dividend Screener

« Prev Page 79 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
600082.SSTianjin Hi-Tech Development Co.,Ltd.1.68%$0.0772.77%
603815.SSAnhui Gourgen Traffic Construction Co.,Ltd.1.68%$0.1245.85%
7280.TMitsuba Corporation1.68%$17.578.76%
8985.TJapan Hotel REIT Investment Corporation1.68%$1,370.9717.79%
002836.SZGuangdong New Grand Long Packing Co., Ltd.1.67%$0.2597.86%
2419.HKDekon Food & Agriculture Group1.67%$1.167.76%
5357.TYotai Refractories Co., Ltd.1.67%$30.3125.15%
600312.SSHenan Pinggao Electric Co.,Ltd.1.67%$0.2934.28%
600933.SSIKD Co., Ltd.1.67%$0.3431.46%
603259.SSWuXi AppTec Co., Ltd.1.67%$1.5231.50%
688580.SSNanjing Vishee Medical Technology Co., Ltd1.67%$0.8161.33%
8359.TThe Hachijuni Bank, Ltd.1.67%$28.2722.23%
9597.SRLeaf Global Environmental Services Co.1.67%$0.5625.93%
BBMD.JKPT Bank Mestika Dharma Tbk1.67%$34.2540.25%
ELN.MIEL.En. S.p.A.1.67%$0.2325.56%
HARB-B.COHarboes Bryggeri A/S1.67%$2.0018.85%
HARVIA.HEHarvia Oyj1.67%$0.7256.92%
NORBT.OLNorbit ASA1.67%$2.9950.40%
002240.KSKiswire Ltd.1.66%$350.6518.13%
011780.KSKumho Petrochemical Co., Ltd.1.66%$1,950.8219.35%
0QI7.LAddtech AB (publ.)1.66%$3.2043.14%
1346.HKLever Style Corporation1.66%$0.0247.86%
1789.HKAK Medical Holdings Limited1.66%$0.1022.23%
273640.KQYM Tech Co., Ltd.1.66%$139.5629.02%
300039.SZShanghai Kaibao Pharmaceutical CO.,Ltd1.66%$0.1030.28%
603231.SSSolbar Ningbo Protein Technology Co., Ltd.1.66%$0.3032.96%
688575.SSShenzhen YHLO Biotech Co., Ltd.1.66%$0.2493.71%
AKBNK.ISAkbank T.A.S.1.66%$1.2213.20%
TFIITFI International Inc.1.66%$1.7745.37%
002124.SZTech-Bank Food Co., Ltd.1.65%$0.0526.60%
002978.SZSichuan Anning Iron and Titanium Co.,Ltd.1.65%$0.5431.99%
009470.KSSamwha Electric Co.,Ltd.1.65%$500.1426.53%
009900.KSMyoung Shin Industrial Co.,Ltd1.65%$149.459.10%
0743.HKAsia Cement (China) Holdings Corporation1.65%$0.0425.13%
0HDQ.LSynergie SE1.65%$0.509.05%
1308.HKSITC International Holdings Company Limited1.65%$0.4666.51%
2273.HKGushengtang Holdings Limited1.65%$0.4819.04%
300750.SZContemporary Amperex Technology Co., Limited1.65%$6.0743.20%
300856.SZNanjing COSMOS Chemical Co., Ltd.1.65%$0.2283.60%
300932.SZSanyou Corporation Limited1.65%$0.2084.47%
323410.KSKakaoBank Corp.1.65%$360.2837.33%
5101.TThe Yokohama Rubber Co., Ltd.1.65%$99.2824.61%
601228.SSGuangzhou Port Company Limited1.65%$0.0545.08%
603193.SSRunben Biotechnology1.65%$0.4052.98%
603312.SSSuzhou W Deane New Power Elec1.65%$0.7741.51%
9542.SRKeir International Co.1.65%$0.0723.35%
CEVI.STCellaVision AB (publ)1.65%$2.5039.38%
SIISprott Inc.1.65%$1.6761.40%
ZUE.WAZUE S.A.1.65%$0.2151.75%
2758.TWOLouisa Professional Coffee Ltd.1.64%$1.5047.97%