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M&T Bank vs Citizens Financial Group: MTB and CFG compared
M&T Bank is the larger company: $2.5B of revenue in its latest quarter (Q3 2026) against $2.3B for Citizens Financial Group (Q3 2026). Citizens Financial Group is growing faster (+10% against +0.9% a year earlier). M&T Bank is more profitable, with an operating margin of 39.7% against 34.6%.
Where the money goes: MTB and CFG
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.
Citizens Financial Group (CFG) · Q3 2026
Citizens Financial Group, Q3 2026: revenue $2.3B (+10% year over year), operating margin 34.6%, net earnings $636M, operating cash flow $453M. The chart follows the revenue to costs, profit and cash.
| M&T Bank (MTB) | Citizens Financial Group (CFG) | |
|---|---|---|
| Latest quarter | Q3 2026 | Q3 2026 |
| Revenue | $2.5B | $2.3B |
| Revenue growth, Y/Y | +0.9% | +10% |
| Operating margin | 39.7% | 34.6% |
| Net earnings | $775M | $636M |
| Net margin | 30.6% | 27.4% |
| Operating cash flow | $1.3B | $453M |
| Market value | $31.6B | $27.1B |
| P/E | 10.5× | 12.8× |
| Analysts’ mean target | $245.93 | $76.39 |
Questions
Which is bigger, M&T Bank or Citizens Financial Group?
M&T Bank is the larger company: $2.5B of revenue in its latest quarter (Q3 2026) against $2.3B for Citizens Financial Group (Q3 2026).
Is M&T Bank or Citizens Financial Group growing faster?
Citizens Financial Group is growing faster (+10% against +0.9% a year earlier).
Which is more profitable, M&T Bank or Citizens Financial Group?
M&T Bank is more profitable, with an operating margin of 39.7% against 34.6%.
More: M&T Bank earnings · how M&T Bank makes money · Citizens Financial Group earnings · how Citizens Financial Group makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Nov 5, 2026; 10-Q filed Oct 28, 2026). Fiscal quarters can end on different dates. Not investment advice.