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 M&T Bank Corporation or JPMorgan Chase & Co. 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 M&T Bank Corporation and JPMorgan Chase & Co. compare based on key financial metrics to determine which better meets your investment needs.

About M&T Bank Corporation and JPMorgan Chase & Co.

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.

JPMorgan Chase & Co. operates as a bank and financial holding company in the United States, rest of North America, Europe, the Middle East, Africa, the Asia Pacific, Latin America, and the Caribbean. It operates in three segments: Consumer & Community Banking, Commercial & Investment Bank, and Asset & Wealth Management. The company offers deposit, investment and lending products, and cash management; mortgage origination and servicing activities; residential mortgages and home equity loans; and credit cards, payment solutions, travel services, merchant offers, lifestyle benefits, auto loans, and leases to consumers and small businesses through bank branches, ATMs, and digital and telephone banking. It also provides investment banking, market-making, financing, custody, and securities products and services; corporate strategy and structure advisory, equity and debt market capital-raising, and loan origination and syndication services; cash and derivative instruments, risk management solutions, prime brokerage, clearing, and research; and fund services, liquidity and trading services, and data solutions products for large corporations, financial institutions, merchants, start-ups, small and midsized companies, local governments, municipalities, nonprofits, and commercial real estate clients. In addition, the company offers multi-asset investment management solutions in equities, fixed income, alternatives, and money market funds to institutional clients and retail investors; retirement products and services, estate planning, lending, deposits, and investment management products to high-net-worth clients; and financial transaction processing. JPMorgan Chase & Co. was founded in 1799 and is headquartered in New York, New York.

Latest Banks and M&T Bank Corporation, JPMorgan Chase & Co. Stock News

As of September 1, 2026, M&T Bank Corporation had a $33.5 billion market capitalization, compared to the Banks median of $730.8 million. M&T Bank Corporation’s stock is up 15.2% in 2026, down 3.9% in the previous five trading days and up 15.06% in the past year.

Currently, M&T Bank Corporation’s price-earnings ratio is 12.3. 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 $19.300 per share for the current fiscal year. M&T Bank Corporation currently has a 2.6% dividend yield.

As of September 1, 2026, JPMorgan Chase & Co. had a $943.5 billion market cap, putting it in the 100th percentile of all stocks. JPMorgan Chase & Co.’s stock is up 10.2% in 2026, down 0.4% in the previous five trading days and up 17.76% in the past year.

Currently, JPMorgan Chase & Co.’s price-earnings ratio is 15.2. JPMorgan Chase & Co.’s trailing 12-month revenue is $186.3 billion with a 34.9% net profit margin. Year-over-year quarterly sales growth most recently was 30.4%. Analysts expect adjusted earnings to reach $24.212 per share for the current fiscal year. JPMorgan Chase & Co. currently has a 1.9% dividend yield.

How We Compare M&T Bank Corporation and JPMorgan Chase & Co. 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 M&T Bank Corporation and JPMorgan Chase & Co.’s stock grades to see how they measure up against one another.

Learn more about A+ Investor here!

Sign Up to Receive a Free Special Report Showing How A+ Grades Can Help You Make Smarter Investment Decisions

M&T Bank Corporation and JPMorgan Chase & Co.’s Quality Grades

Company	Ticker	Quality
M&T Bank Corporation	MTB	D
JPMorgan Chase & Co.	JPM	F

Like the Value Grade, AAII’s A+ Investor Quality Grade comes from the percentile rank of key metrics. Specifically, the Quality Score is the percentile rank of the average of the percentile ranks 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 the F-Score.

The score is variable, meaning it can consider all eight measures or, should any of the eight measures not be valid, the remaining measures that are valid. To be assigned a Quality Score, stocks must have a valid (non-null) measure and corresponding ranking for at least four of the eight quality measures.

The Quality Score is used to assess the underlying “quality” of a particular stock. A higher-quality stock possesses traits associated with upside potential and reduced downside risk. Backtesting of the Quality Grade shows that stocks with higher grades, on average, outperformed stocks with lower grades over the period of 1998 through 2019.

Stocks receive better grades (higher scores) for having higher scores for the quality subcomponents and worse grades (lower scores) for lower scores for the subcomponents.

M&T Bank Corporation has a Quality Score of 30, which is Weak. JPMorgan Chase & Co. has a Quality Score of 17, which is Very Weak.

The Quality Stock Winner: No Clear Winner

Neither M&T Bank Corporation or JPMorgan Chase & Co. has a high enough Quality Grade to be considered a “winner.” Investors who are considering these companies should do additional due diligence and research to see if either could be a good addition to their portfolios. It’s important to look at a wide range of financial metrics in order to determine if M&T Bank Corporation or JPMorgan Chase & Co. is the better investment when it comes to quality.

M&T Bank Corporation and JPMorgan Chase & Co.’s Momentum Grades

Company	Ticker	Momentum
M&T Bank Corporation	MTB	C
JPMorgan Chase & Co.	JPM	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%.

M&T Bank Corporation has a Momentum Score of 58, which is Average. JPMorgan Chase & Co. has a Momentum Score of 65, which is Strong.

The Momentum Grade Winner: JPMorgan Chase & Co.

As you can clearly see from the Momentum Grade breakdown above, JPMorgan Chase & Co. is considered to have stronger momentum compared to M&T Bank Corporation. For those specifically looking for companies that have stronger momentum compared to other companies in the same industry, JPMorgan Chase & Co. could be a good stock to invest in. However, it’s important for investors to analyze multiple factors based on a wide range of metrics before deciding whether to buy.

M&T Bank Corporation and JPMorgan Chase & Co.’s Estimate Revisions Grades

Company	Ticker	Earnings Estimate
M&T Bank Corporation	MTB	C
JPMorgan Chase & Co.	JPM	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.

M&T Bank Corporation has a Earnings Estimate Score of 57, which is Neutral. JPMorgan Chase & Co. has a Earnings Estimate Score of 67, which is Positive.

The Earnings Estimate Revisions Grade Winner: JPMorgan Chase & Co.

As you can clearly see from the Earnings Estimate Revisions Grade breakdown above, JPMorgan Chase & Co. has a better Earnings Estimate Revisions Grade than M&T Bank Corporation. For those who are specifically looking for companies with better short-term prospects when compared to other companies in the same industry, JPMorgan Chase & Co. 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 M&T Bank Corporation and JPMorgan Chase & Co. Grades

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

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.

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.

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 M&T Bank Corporation and JPMorgan Chase & Co. pass any of our 60+ stock screens that have outperformed the market since their creation.

So, Which Is the Better Investment, M&T Bank Corporation or JPMorgan Chase & Co. Stock?

Overall, M&T Bank Corporation stock has a Momentum Score of 58, Estimate Revisions Score of 57 and Quality Score of 30.

JPMorgan Chase & Co. stock has a Momentum Score of 65, Estimate Revisions Score of 67 and Quality Score of 17.

Comparing M&T Bank Corporation and JPMorgan Chase & Co.’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.