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

M&T Bank is the larger business by last-quarter revenue ($2.5B vs $2.1B, roughly 1.2× Roper Technologies). M&T Bank runs the higher net margin — 30.7% vs 15.8%, a 14.9% gap on every dollar of revenue. On growth, Roper Technologies posted the faster year-over-year revenue change (11.3% vs 3.8%). Over the past eight quarters, Roper Technologies's revenue compounded faster (10.5% CAGR vs 4.6%).

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.

MTB vs ROP — Head-to-Head

Bigger by revenue
MTB
MTB
1.2× larger
MTB
$2.5B
$2.1B
ROP
Growing faster (revenue YoY)
ROP
ROP
+7.5% gap
ROP
11.3%
3.8%
MTB
Higher net margin
MTB
MTB
14.9% more per $
MTB
30.7%
15.8%
ROP
Faster 2-yr revenue CAGR
ROP
ROP
Annualised
ROP
10.5%
4.6%
MTB

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
MTB
MTB
ROP
ROP
Revenue
$2.5B
$2.1B
Net Profit
$759.0M
$331.0M
Gross Margin
69.4%
Operating Margin
39.2%
27.2%
Net Margin
30.7%
15.8%
Revenue YoY
3.8%
11.3%
Net Profit YoY
11.5%
53.7%
EPS (diluted)
$4.62
$4.87

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
MTB
MTB
ROP
ROP
Q1 26
$2.1B
Q4 25
$2.5B
$2.1B
Q3 25
$2.5B
$2.0B
Q2 25
$2.4B
$1.9B
Q1 25
$2.3B
$1.9B
Q4 24
$2.4B
$1.9B
Q3 24
$2.3B
$1.8B
Q2 24
$2.3B
$1.7B
Net Profit
MTB
MTB
ROP
ROP
Q1 26
$331.0M
Q4 25
$759.0M
$428.4M
Q3 25
$792.0M
$398.5M
Q2 25
$716.0M
$378.3M
Q1 25
$584.0M
$331.1M
Q4 24
$681.0M
$462.3M
Q3 24
$721.0M
$367.9M
Q2 24
$655.0M
$337.1M
Gross Margin
MTB
MTB
ROP
ROP
Q1 26
69.4%
Q4 25
69.5%
Q3 25
69.5%
Q2 25
69.2%
Q1 25
68.7%
Q4 24
68.3%
Q3 24
69.2%
Q2 24
69.5%
Operating Margin
MTB
MTB
ROP
ROP
Q1 26
27.2%
Q4 25
39.2%
28.6%
Q3 25
40.8%
28.4%
Q2 25
39.0%
28.2%
Q1 25
33.0%
27.9%
Q4 24
37.0%
28.0%
Q3 24
39.0%
28.1%
Q2 24
37.1%
28.8%
Net Margin
MTB
MTB
ROP
ROP
Q1 26
15.8%
Q4 25
30.7%
20.8%
Q3 25
31.5%
19.8%
Q2 25
29.9%
19.5%
Q1 25
25.3%
17.6%
Q4 24
28.6%
24.6%
Q3 24
30.9%
20.8%
Q2 24
28.5%
19.6%
EPS (diluted)
MTB
MTB
ROP
ROP
Q1 26
$4.87
Q4 25
$4.62
$3.97
Q3 25
$4.82
$3.68
Q2 25
$4.24
$3.49
Q1 25
$3.32
$3.06
Q4 24
$3.87
$4.29
Q3 24
$4.02
$3.40
Q2 24
$3.73
$3.12

Balance Sheet & Financial Strength

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

Metric
MTB
MTB
ROP
ROP
Cash + ST InvestmentsLiquidity on hand
$382.9M
Total DebtLower is stronger
$10.9B
$9.7B
Stockholders' EquityBook value
$29.2B
$18.8B
Total Assets
$213.5B
$34.6B
Debt / EquityLower = less leverage
0.37×
0.52×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MTB
MTB
ROP
ROP
Q1 26
$382.9M
Q4 25
$297.4M
Q3 25
$320.0M
Q2 25
$242.4M
Q1 25
$372.8M
Q4 24
$188.2M
Q3 24
$269.6M
Q2 24
$251.5M
Total Debt
MTB
MTB
ROP
ROP
Q1 26
$9.7B
Q4 25
$10.9B
$9.3B
Q3 25
$12.9B
Q2 25
$12.4B
Q1 25
$10.5B
Q4 24
$12.6B
$7.6B
Q3 24
$11.6B
Q2 24
$11.3B
Stockholders' Equity
MTB
MTB
ROP
ROP
Q1 26
$18.8B
Q4 25
$29.2B
$19.9B
Q3 25
$28.7B
$20.0B
Q2 25
$28.5B
$19.6B
Q1 25
$29.0B
$19.2B
Q4 24
$29.0B
$18.9B
Q3 24
$28.9B
$18.5B
Q2 24
$28.4B
$18.1B
Total Assets
MTB
MTB
ROP
ROP
Q1 26
$34.6B
Q4 25
$213.5B
$34.6B
Q3 25
$211.3B
$34.6B
Q2 25
$211.6B
$33.2B
Q1 25
$210.3B
$31.4B
Q4 24
$208.1B
$31.3B
Q3 24
$211.8B
$31.6B
Q2 24
$208.9B
$29.8B
Debt / Equity
MTB
MTB
ROP
ROP
Q1 26
0.52×
Q4 25
0.37×
0.47×
Q3 25
0.45×
Q2 25
0.43×
Q1 25
0.36×
Q4 24
0.43×
0.40×
Q3 24
0.40×
Q2 24
0.40×

Cash Flow & Capital Efficiency

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

Metric
MTB
MTB
ROP
ROP
Operating Cash FlowLast quarter
$3.0B
Free Cash FlowOCF − Capex
$507.0M
FCF MarginFCF / Revenue
24.2%
Capex IntensityCapex / Revenue
0.5%
Cash ConversionOCF / Net Profit
3.96×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MTB
MTB
ROP
ROP
Q1 26
Q4 25
$3.0B
$738.0M
Q3 25
$1.0B
$869.5M
Q2 25
$844.0M
$404.1M
Q1 25
$635.0M
$528.7M
Q4 24
$3.6B
$722.2M
Q3 24
$-28.0M
$755.4M
Q2 24
$1.4B
$384.1M
Free Cash Flow
MTB
MTB
ROP
ROP
Q1 26
$507.0M
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
FCF Margin
MTB
MTB
ROP
ROP
Q1 26
24.2%
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Capex Intensity
MTB
MTB
ROP
ROP
Q1 26
0.5%
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Cash Conversion
MTB
MTB
ROP
ROP
Q1 26
Q4 25
3.96×
1.72×
Q3 25
1.26×
2.18×
Q2 25
1.18×
1.07×
Q1 25
1.09×
1.60×
Q4 24
5.30×
1.56×
Q3 24
-0.04×
2.05×
Q2 24
2.07×
1.14×

Financial Flow Comparison

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

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