M&T Bank Corporation vs SoFi Technologies Inc — how do they compare? M&T Bank Corporation trades at $248.99 (market cap $36.15B), while SoFi Technologies Inc trades at $17.63 (market cap $21.82B). The key difference: M&T Bank Corporation is the larger of the two by market cap, and M&T Bank Corporation pays a 2.41% dividend while SoFi Technologies Inc pays none. Which is the better fit depends on your goals.
| MTB | SOFI | |
|---|---|---|
Market Cap | $36.15B | $21.82B |
Sector | Financials | Financials |
52-Week High | $254.04 | $32.21 |
52-Week Low | $178.63 | $15.15 |
Dividend Yield | 2.41% | — |
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 →SoFi is a financial services company that was founded in 2011 and is currently based in San Francisco. Initially known for its student loan refinancing business, the company has expanded its product offerings to include personal loans, credit cards, mortgages, investment accounts, banking services, and financial planning. The company intends to be a one-stop shop for its clients' finances and operates solely through its mobile app and website. Through its acquisition of Galileo in 2020 the company also offers payment and account services for debit cards and digital banking.
Read more on SOFI →