M&T Bank Corporation vs Royal Bank of Canada — how do they compare? M&T Bank Corporation trades at $248.99 (market cap $36.15B), while Royal Bank of Canada trades at $210.37 (market cap $289.51B). The key difference: Royal Bank of Canada is far larger — about 8× M&T Bank Corporation's market cap, and Royal Bank of Canada pays the higher dividend (2.42%). Which is the better fit depends on your goals.
| MTB | RY | |
|---|---|---|
Market Cap | $36.15B | $289.51B |
Sector | Financials | Financials |
52-Week High | $254.04 | $217.87 |
52-Week Low | $178.63 | $128.46 |
Dividend Yield | 2.41% | 2.42% |
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 →Royal Bank of Canada is one of the two largest banks in Canada. It is a diversified financial services company, offering personal and commercial banking, wealth-management services, insurance, corporate banking, and capital markets services. The bank is concentrated in Canada, with additional operations in the U.S. and other countries.
Read more on RY →