Sifting through countless of stocks in the Banks industry can be tedious, and sometimes two stocks are just too similar to judge which is the better investment. If you’re on the fence about investing in Webster Financial Corporation or M&T Bank Corporation because you’re not sure how they measure up, it’s important to compare them on a few factors before making your decision.

Read on to learn how Webster Financial Corporation and M&T Bank Corporation compare based on key financial metrics to determine which better meets your investment needs.

About Webster Financial Corporation and M&T Bank Corporation

Webster Financial Corporation operates as the bank holding company for Webster Bank, National Association that provides various financial products and services to businesses, individuals, and families in the United States. It operates through three segments: Commercial Banking, Healthcare Financial Services, and Consumer Banking. The company offers checking, savings, and money market accounts; time deposits; individual retirement account retirement savings; certificates of deposit; mortgages; home equity loans and lines of credit; business lines of credit; overdrafts; and term, commercial mortgages, student, PPA, SBA, and personal loans. It also provides commercial lending; financial planning, life and long-term insurance, personal retirement, and portfolio management solutions; employee retirement plans; credit cards; payroll services; automated clearing house payables and wires; bill pay, remote deposit capture, merchant, and lockbox services; treasury management and investment services; private banking services; wealth management services; and online and mobile banking services. Webster Financial Corporation was founded in 1870 and is headquartered in Stamford, Connecticut.

M&T Bank Corporation operates as a bank holding company for Manufacturers and Traders Trust Company and Wilmington Trust, National Association that provides retail and commercial banking products and services in the United States. The company operates through three segments: Commercial Bank, Retail Bank, and Institutional Services and Wealth Management. It offers a range of credit products and banking services, such as commercial lending and leasing, letters of credits, deposit products, cash management services, commercial real estate loans, and credit facilities secured by various commercial real estate properties to middle-market and large commercial customers. The company also provides customers deposit products, including demand, savings and time accounts, and other services; automobile and recreational finance loans, home equity loans and lines of credit, credit cards, and other loan products, as well as residential mortgage and real estate loans; business loans, cash management, payroll, direct deposit, and merchant credit card services to consumers and small businesses through branch network, telephone banking, internet banking, and automated teller machines. In addition, it offers trustee, agency, investment management, and administrative services; personal trust, planning and advisory, fiduciary, asset management, family office, and other services; and investment products, including mutual funds and annuities, and other services for corporations and institutions, investment bankers, corporate tax, finance and legal executives, and other institutional clients. M&T Bank Corporation was founded in 1856 and is headquartered in Buffalo, New York.

Latest Banks and Webster Financial Corporation, M&T Bank Corporation Stock News

As of August 14, 2026, Webster Financial Corporation had a $12.8 billion market capitalization, compared to the Banks median of $759.3 million. Webster Financial Corporation’s stock is NA in 2026, NA in the previous five trading days and up 35.65% in the past year.

Currently, Webster Financial Corporation’s price-earnings ratio is 12.9. Webster Financial Corporation’s trailing 12-month revenue is $2.8 billion with a 36.8% net profit margin. Year-over-year quarterly sales growth most recently was 5.9%. Analysts expect adjusted earnings to reach $6.462 per share for the current fiscal year. Webster Financial Corporation currently has a 2.0% dividend yield.

Currently, M&T Bank Corporation’s price-earnings ratio is 13.4. M&T Bank Corporation’s trailing 12-month revenue is $9.5 billion with a 32.1% net profit margin. Year-over-year quarterly sales growth most recently was 6.2%. Analysts expect adjusted earnings to reach $19.299 per share for the current fiscal year. M&T Bank Corporation currently has a 2.4% dividend yield.

How We Compare Webster Financial Corporation and M&T Bank Corporation Stock Grades

Stock evaluation requires access to huge amounts of data and the knowledge and time to sift through it all, make sense of financial ratios, read income statements and analyze recent stock movements. AAII created A+ Investor, a robust data suite that condenses data research in an actionable and customizable way suitable for investors of all knowledge levels, to help investors streamline and work through such data.

AAII’s proprietary stock grades come with A+ Investor. These offer intuitive A‐F grades for each of five key investing factors: value, growth, momentum, earnings estimate revisions and quality. Here, we’ll take a closer look at Webster Financial Corporation and M&T Bank Corporation’s stock grades to see how they measure up against one another.

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Webster Financial Corporation and M&T Bank Corporation Stock Value Grades

Company	Ticker	Value
Webster Financial Corporation	WBS	B
M&T Bank Corporation	MTB	B

Successful stock investing involves buying low and selling high, so stock valuation is an important consideration for stock selection.

Buying stocks that are going to go up typically means buying stocks that are undervalued in the first place, although momentum investors may argue that point.

AAII’s A+ Investor Value Grade derives from a stock’s value score. The Value Score is the percentile rank of the average of the percentile ranks of the price-to-sales ratio, price-earnings ratio, enterprise-value-to-EBITDA (EV/EBITDA) ratio, shareholder yield, price-to-book-value ratio and price-to-free-cash-flow ratio. The score is variable, meaning it can consider all six ratios or, should any of the six ratios not be valid, the remaining ratios that are valid. To be assigned a Value Score, stocks must have a valid (non-null) ratio and corresponding ranking for at least two of the six valuation ratios.

Stocks with a Value Score from 81 to 100 are considered deep value, those with a score between 61 and 80 are a good value and so on.

Webster Financial Corporation has a Value Score of 73, which is Value. M&T Bank Corporation has a Value Score of 73, which is Value.

The Value Stock Winner: It’s a Tie!

Looking at the Value Grade breakdown above, both Webster Financial Corporation and M&T Bank Corporation have a Value Grade of B. For investors who focus solely on a company’s valuation, you will need to conduct further research into both of these companies’ other metrics to see if they could be good additions to your portfolio. It’s important for investors to analyze multiple factors based on a wide range of metrics before deciding whether to buy.

Webster Financial Corporation and M&T Bank Corporation’s Momentum Grades

Company	Ticker	Momentum
Webster Financial Corporation	WBS	B
M&T Bank Corporation	MTB	B

Momentum grades help to uncover stocks experiencing anomalously high rates of return; research finds that stocks with high relative levels of momentum tend to outperform, whereas those with low levels of momentum tend to continue underperforming. Momentum is based on the price change of a stock over a specified period relative to all other stocks.

Typically, AAII looks at the weighted relative strength over the trailing four quarters. The weighted four-quarter relative strength rank is the relative price change for each of the past four quarters. The most recent quarterly price change is given a weight of 40% and each of the three previous quarters are given a weighting of 20%.

Webster Financial Corporation has a Momentum Score of 65, which is Strong. M&T Bank Corporation has a Momentum Score of 72, which is Strong.

The Momentum Grade Winner: It’s a Tie!

Looking at the Momentum Grade breakdown above, both Webster Financial Corporation and M&T Bank Corporation have a grade of B. For those who focus solely on a company’s momentum, further research will need to be conducted into both companies to see if they fit your individual needs as an investor.

Webster Financial Corporation and M&T Bank Corporation’s Estimate Revisions Grades

Company	Ticker	Earnings Estimate
Webster Financial Corporation	WBS	D
M&T Bank Corporation	MTB	B

Earnings estimate revisions scores consider the magnitude of a company’s earnings surprise in its last two reported fiscal quarters. Often, positive surprises beget further positive surprises‐or at least continued sales growth (the exact opposite is generally true, too).

Estimate revisions offer an indication of what analysts are thinking about the short-term prospects of a firm. Estimate revisions are based on the statistical significance of a firm’s last two quarterly earnings surprises and the percentage change in its consensus estimate for the current fiscal year over the past month and past three months.

Webster Financial Corporation has a Earnings Estimate Score of 33, which is Negative. M&T Bank Corporation has a Earnings Estimate Score of 65, which is Positive.

The Earnings Estimate Revisions Grade Winner: M&T Bank Corporation

As you can clearly see from the Earnings Estimate Revisions Grade breakdown above, M&T Bank Corporation has a better Earnings Estimate Revisions Grade than Webster Financial Corporation. For those who are specifically looking for companies with better short-term prospects when compared to other companies in the same industry, M&T Bank Corporation could be a good stock to invest in. However, it’s important to analyze multiple factors based on a wide range of metrics before deciding whether to buy.

Other Webster Financial Corporation and M&T Bank Corporation Grades

In addition to Value, Momentum and Estimate Revisions, A+ Investor also provides grades for Growth and Quality.

Growth investing builds on the idea that stocks of companies exhibiting strong, consistent and prolonged growth outperform those of slower-growth companies. AAII measures growth through consistency of annual sales growth, five-year sales growth rankings adjusted for extreme levels, and consistency of positive annual cash from operations.

AAII’s A+ Investor Quality Grade comes from the ranking of key metrics. Specifically, the quality grade is the percentile rank of the composite of return on assets (ROA), return on invested capital (ROIC), gross profit relative to assets, buyback yield, change in total liabilities to assets, accruals, Z double prime bankruptcy risk (Z) score and F-Score.

These 2 key factors, when combined with the above, provide a holistic view into a particular stock. Further, by joining A+ Investor you can see whether Webster Financial Corporation and M&T Bank Corporation pass any of our 60+ stock screens that have outperformed the market since their creation.

So, Which Is the Better Investment, Webster Financial Corporation or M&T Bank Corporation Stock?

Overall, Webster Financial Corporation stock has a Value Score of 73, Momentum Score of 65 and Estimate Revisions Score of 33.

M&T Bank Corporation stock has a Value Score of 73, Momentum Score of 72 and Estimate Revisions Score of 65.

Comparing Webster Financial Corporation and M&T Bank Corporation’s grades, scores and metrics can act as a solid basis to determine whether they may be a good investment or not. You’ll also want to look at your portfolio’s asset allocation as well as your risk tolerance and financial goals to see if either of these stocks would make a good fit for you. AAII can help you figure out which investments align with your individual needs and preferences.

Investors are encouraged to do their own due diligence and research. In this way, individuals can effectively become managers of their own assets‐without having to rely on others for financial independence. You can count on AAII for timeless articles on financial planning and stock-picking, unbiased research and actionable analysis.

A+ Investor adds to our qualitative teaching with a powerful data suite to help you whittle down investment choices to find stocks, exchange-traded funds (ETFs) or mutual funds that meet your needs.

AAII Disclaimer

We make no representations or warranties that any investor will, or is likely to, achieve profits similar to those shown, because past, hypothetical or simulated performance is not necessarily indicative of future results. Before making an investment decision, you should consider your circumstances and whether the information on our content is applicable to your situation. This information was prepared in good faith, and we accept no liability for any errors or omissions. The full disclaimer can be read here.