M&T Bank Corporation vs Phillips 66 — how do they compare? M&T Bank Corporation trades at $248.99 (market cap $36.15B), while Phillips 66 trades at $212.01 (market cap $83.72B). The key difference: Phillips 66 is far larger — about 2.3× M&T Bank Corporation's market cap, and Phillips 66 pays the higher dividend (2.43%). Which is the better fit depends on your goals.
| MTB | PSX | |
|---|---|---|
Market Cap | $36.15B | $83.72B |
Sector | Financials | Energy |
52-Week High | $254.04 | $208.80 |
52-Week Low | $178.63 | $118.37 |
Dividend Yield | 2.41% | 2.43% |
Enterprise Value | — | $105.69B |
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 →Phillips 66 is an independent refiner with 12 refineries that have a total crude throughput capacity of 2.0 million barrels per day, or mmb/d, after converting its 255 mb/d Alliance refinery to a terminal. The midstream segment comprises extensive transportation and NGL processing assets. It also includes its DCP Midstream joint venture, which holds 45 natural gas processing facilities, 11 NGL fractionation plants, and a natural gas pipeline system with 58,000 miles of pipeline. Its CPChem chemical joint venture operates facilities in the United States and the Middle East and primarily produces olefins and polyolefins.
Read more on PSX →