M&T Bank Corporation vs Remitly Global Inc — how do they compare? M&T Bank Corporation trades at $248.99 (market cap $36.15B), while Remitly Global Inc trades at $23.93 (market cap $5.02B). The key difference: M&T Bank Corporation is far larger — about 7.2× Remitly Global Inc's market cap, and M&T Bank Corporation pays a 2.41% dividend while Remitly Global Inc pays none. Which is the better fit depends on your goals.
| MTB | RELY | |
|---|---|---|
Market Cap | $36.15B | $5.02B |
Sector | Financials | Technology |
52-Week High | $254.04 | $25.23 |
52-Week Low | $178.63 | $12.20 |
Dividend Yield | 2.41% | — |
Enterprise Value | — | $4.41B |
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 →Remitly Global Inc provides integrated financial services to immigrants, including helping customers send money internationally in a quick, reliable, and more cost-effective manner by leveraging digital channels. It supports cross-border transmissions across the globe. Its revenue is generated on transaction fees charged to customers and foreign exchange spreads between the foreign exchange rate offered to customers and the foreign exchange rate on the company's currency purchases.
Read more on RELY →