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M&T Bank vs Ally Financial: MTB and ALLY compared
M&T Bank is the larger company: $2.5B of revenue in its latest quarter (Q3 2026) against $2.3B for Ally Financial (Q3 2026). Ally Financial is growing faster (+8% against +0.9% a year earlier). M&T Bank is more profitable, with an operating margin of 39.7% against 24.3%.
Where the money goes: MTB and ALLY
M&T Bank (MTB) · Q3 2026
M&T Bank, Q3 2026: revenue $2.5B (+0.9% year over year), operating margin 39.7%, net earnings $775M, operating cash flow $1.3B. The chart follows the revenue to costs, profit and cash.
Ally Financial (ALLY) · Q3 2026
Ally Financial, Q3 2026: revenue $2.3B (+8% year over year), operating margin 24.3%, net earnings $433M, operating cash flow $1.6B. The chart follows the revenue to costs, profit and cash.
| M&T Bank (MTB) | Ally Financial (ALLY) | |
|---|---|---|
| Latest quarter | Q3 2026 | Q3 2026 |
| Revenue | $2.5B | $2.3B |
| Revenue growth, Y/Y | +0.9% | +8% |
| Operating margin | 39.7% | 24.3% |
| Net earnings | $775M | $433M |
| Net margin | 30.6% | 18.6% |
| Operating cash flow | $1.3B | $1.6B |
| Market value | $31.6B | $11.8B |
| P/E | 10.5× | 8.7× |
| Analysts’ mean target | $245.93 | $47.45 |
Questions
Which is bigger, M&T Bank or Ally Financial?
M&T Bank is the larger company: $2.5B of revenue in its latest quarter (Q3 2026) against $2.3B for Ally Financial (Q3 2026).
Is M&T Bank or Ally Financial growing faster?
Ally Financial is growing faster (+8% against +0.9% a year earlier).
Which is more profitable, M&T Bank or Ally Financial?
M&T Bank is more profitable, with an operating margin of 39.7% against 24.3%.
More: M&T Bank earnings · how M&T Bank makes money · Ally Financial earnings · how Ally Financial makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Nov 5, 2026; 10-Q filed Nov 2, 2026). Fiscal quarters can end on different dates. Not investment advice.