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Side-by-side financial comparison of BioNTech SE (BNTX) and M&T Bank (MTB). Click either name above to swap in a different company.

M&T Bank is the larger business by last-quarter revenue ($2.5B vs $1.5B, roughly 1.6× BioNTech SE). M&T Bank runs the higher net margin — 30.7% vs -1.9%, a 32.6% gap on every dollar of revenue.

BioNTech SE is a German multinational biotechnology company headquartered in Mainz that develops immunotherapies and vaccines, particularly for cancer and infectious diseases.

M&T Bank Corporation is an American bank holding company headquartered in Buffalo, New York. It operates 950+ branches in 12 states and Washington D.C. across the Eastern United States, from Maine to Virginia. Until May 1998, the bank's holding company was named First Empire State Corporation.

BNTX vs MTB — Head-to-Head

Bigger by revenue
MTB
MTB
1.6× larger
MTB
$2.5B
$1.5B
BNTX
Higher net margin
MTB
MTB
32.6% more per $
MTB
30.7%
-1.9%
BNTX

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
BNTX
BNTX
MTB
MTB
Revenue
$1.5B
$2.5B
Net Profit
$-28.7M
$759.0M
Gross Margin
Operating Margin
-3.1%
39.2%
Net Margin
-1.9%
30.7%
Revenue YoY
3.8%
Net Profit YoY
11.5%
EPS (diluted)
$4.62

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
BNTX
BNTX
MTB
MTB
Q4 25
$2.5B
Q3 25
$1.5B
$2.5B
Q2 25
$260.8M
$2.4B
Q1 25
$2.3B
Q4 24
$2.4B
Q3 24
$1.2B
$2.3B
Q2 24
$2.3B
Q1 24
$2.3B
Net Profit
BNTX
BNTX
MTB
MTB
Q4 25
$759.0M
Q3 25
$-28.7M
$792.0M
Q2 25
$-386.6M
$716.0M
Q1 25
$584.0M
Q4 24
$681.0M
Q3 24
$198.1M
$721.0M
Q2 24
$655.0M
Q1 24
$531.0M
Operating Margin
BNTX
BNTX
MTB
MTB
Q4 25
39.2%
Q3 25
-3.1%
40.8%
Q2 25
-192.1%
39.0%
Q1 25
33.0%
Q4 24
37.0%
Q3 24
0.8%
39.0%
Q2 24
37.1%
Q1 24
29.4%
Net Margin
BNTX
BNTX
MTB
MTB
Q4 25
30.7%
Q3 25
-1.9%
31.5%
Q2 25
-148.2%
29.9%
Q1 25
25.3%
Q4 24
28.6%
Q3 24
15.9%
30.9%
Q2 24
28.5%
Q1 24
23.5%
EPS (diluted)
BNTX
BNTX
MTB
MTB
Q4 25
$4.62
Q3 25
$4.82
Q2 25
$4.24
Q1 25
$3.32
Q4 24
$3.87
Q3 24
$4.02
Q2 24
$3.73
Q1 24
$3.02

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BNTX
BNTX
MTB
MTB
Cash + ST InvestmentsLiquidity on hand
Total DebtLower is stronger
$10.9B
Stockholders' EquityBook value
$29.2B
Total Assets
$213.5B
Debt / EquityLower = less leverage
0.37×

8-quarter trend — quarters aligned by calendar period.

Total Debt
BNTX
BNTX
MTB
MTB
Q4 25
$10.9B
Q3 25
$12.9B
Q2 25
$12.4B
Q1 25
$10.5B
Q4 24
$12.6B
Q3 24
$11.6B
Q2 24
$11.3B
Q1 24
$11.4B
Stockholders' Equity
BNTX
BNTX
MTB
MTB
Q4 25
$29.2B
Q3 25
$28.7B
Q2 25
$28.5B
Q1 25
$29.0B
Q4 24
$29.0B
Q3 24
$28.9B
Q2 24
$28.4B
Q1 24
$27.2B
Total Assets
BNTX
BNTX
MTB
MTB
Q4 25
$213.5B
Q3 25
$211.3B
Q2 25
$211.6B
Q1 25
$210.3B
Q4 24
$208.1B
Q3 24
$211.8B
Q2 24
$208.9B
Q1 24
$215.1B
Debt / Equity
BNTX
BNTX
MTB
MTB
Q4 25
0.37×
Q3 25
0.45×
Q2 25
0.43×
Q1 25
0.36×
Q4 24
0.43×
Q3 24
0.40×
Q2 24
0.40×
Q1 24
0.42×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BNTX
BNTX
MTB
MTB
Operating Cash FlowLast quarter
$3.0B
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
3.96×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BNTX
BNTX
MTB
MTB
Q4 25
$3.0B
Q3 25
$1.0B
Q2 25
$844.0M
Q1 25
$635.0M
Q4 24
$3.6B
Q3 24
$-28.0M
Q2 24
$1.4B
Q1 24
$608.0M
Cash Conversion
BNTX
BNTX
MTB
MTB
Q4 25
3.96×
Q3 25
1.26×
Q2 25
1.18×
Q1 25
1.09×
Q4 24
5.30×
Q3 24
-0.04×
Q2 24
2.07×
Q1 24
1.15×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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