M&T Bank Corporation vs Otis Worldwide Corp — how do they compare? M&T Bank Corporation trades at $248.99 (market cap $36.15B), while Otis Worldwide Corp trades at $72.17 (market cap $28.20B). The key difference: M&T Bank Corporation is the larger of the two by market cap, and M&T Bank Corporation pays the higher dividend (2.41%). Which is the better fit depends on your goals.
| MTB | OTIS | |
|---|---|---|
Market Cap | $36.15B | $28.20B |
Sector | Financials | Industrials |
52-Week High | $254.04 | $100.99 |
52-Week Low | $178.63 | $69.34 |
Dividend Yield | 2.41% | 2.31% |
Enterprise Value | — | $35.58B |
Trailing returns across standard periods
Latest headlines on both assets
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.
Read more on MTB →Otis is the largest global elevator and escalator supplier by revenue with around one quarter of share excluding Japan. In 1854 Otis' founder and namesake, Elisha Graves Otis, invented a safety mechanism that prevented elevators from falling if the hoisting cable failed.The company's product and service lifecycle begins with installations of elevator units in new buildings, later selling maintenance services on the units, and eventually replacement of the units after the average 15-20 year useful life of an elevator. As the largest global OEM, over decades Otis has built a base of 2 million elevators under service. Its business model is much the same as that of its competitors Kone, Schindler, and Thyssenkrupp.
Read more on OTIS →