Cigna Corp vs M&T Bank Corporation — how do they compare? Cigna Corp trades at $302.59 (market cap $80.55B), while M&T Bank Corporation trades at $239.09 (market cap $35.52B). The key difference: Cigna Corp is far larger — about 2.3× M&T Bank Corporation's market cap, and M&T Bank Corporation pays the higher dividend (2.47%). Which is the better fit depends on your goals.
| CI | MTB | |
|---|---|---|
Market Cap | $80.55B | $35.52B |
Sector | Health | Financials |
52-Week High | $311.00 | $242.55 |
52-Week Low | $244.41 | $178.63 |
Enterprise Value | $103.65B | — |
Dividend Yield | 2.05% | 2.47% |
Trailing returns across standard periods
Latest headlines on both assets
Cigna primarily provides pharmacy benefit management and health insurance services. Its PBM services were greatly expanded by its 2018 merger with Express Scripts and are mostly sold to health insurance plans and employers. Its largest PBM contract is the Department of Defense. In health insurance and other benefits, Cigna mostly serves employers through self-funding arrangements, but it also operates in government programs, such as Medicare Advantage. The company operates mostly in the U.S. with 15 million medical members covered as of the end of 2020, but its services extend internationally, covering another 2 million people.
Read more on CI →M&T Bank is one of the largest regional banks in the United States, with branches in New York, Pennsylvania, West Virginia, Virginia, Maryland, Delaware, and New Jersey. The bank was founded to serve manufacturing and trading businesses around the Erie Canal and is primarily focused on commercial real estate and commercial-related lending, with some retail operations also present.
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