MTB vs HEI-A

Comparison between M & T Bank Corp (MTB, Company) and Heico Corp - Class A (HEI-A, Company).

MTB is from the Financial Services sector, while HEI-A is from the Industrials sector.

5-Year PerformanceHEI-A has outperformed MTB, delivering a return of +12.9% compared to +9.0%

MTB vs HEI-A - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	MTB(COMPANY)	HEI-A(COMPANY)
Market Cap	$31B	$31B
Max Drawdown	75.55%	49.74%
Sharpe Ratio	0.61	0.05
5Y Beta	0.91	0.82
Industry	Banks - Regional	Aerospace & Defense
P/E Ratio	11.96	35.65
Forward P/E	11.03	37.45
PEG Ratio	0.93	N/A
Dividend Yield	2.84%	0.11%
5Y Dividends CAGR	12.76%	8.45%
5Y EPS CAGR	4.55%	6.25%
Debt to Equity	68.02%	0.08%
Free Cash Flow Yield	10.76%	2.69%

Market Cap

Winner

MTB

$31B

HEI-A

$31B

Max Drawdown

MTB

75.55%

Winner

HEI-A

49.74%

Sharpe Ratio

Winner

MTB

0.61

HEI-A

0.05

5Y Beta

MTB

0.91

Winner

HEI-A

0.82

Industry

MTB

Banks - Regional

HEI-A

Aerospace & Defense

P/E Ratio

Winner

MTB

11.96

HEI-A

35.65

Forward P/E

Winner

MTB

11.03

HEI-A

37.45

PEG Ratio

MTB

0.93

HEI-A

N/A

Dividend Yield

Winner

MTB

2.84%

HEI-A

0.11%

5Y Dividends CAGR

Winner

MTB

12.76%

HEI-A

8.45%

5Y EPS CAGR

MTB

4.55%

Winner

HEI-A

6.25%

Debt to Equity

MTB

68.02%

Winner

HEI-A

0.08%

Free Cash Flow Yield

Winner

MTB

10.76%

HEI-A

2.69%

MTB vs HEI-A - Historical Returns

Returns include dividend reinvestment.

Period	MTB	HEI-A
1 month	-4.22%	+1.14%
3 months	-8.89%	-14.43%
6 months	+16.84%	-5.68%
1 year	+16.70%	+2.22%
5 years(CAGR)	+9.03%	+12.89%
10 years(CAGR)	+9.21%	+23.41%
Max(CAGR)	+8.40%	+24.03%

MTB

-4.22%

Winner

HEI-A

+1.14%

Winner

MTB

-8.89%

HEI-A

-14.43%

Winner

MTB

+16.84%

HEI-A

-5.68%

Winner

MTB

+16.70%

HEI-A

+2.22%

5Y(CAGR)

MTB

+9.03%

Winner

HEI-A

+12.89%

10Y(CAGR)

MTB

+9.21%

Winner

HEI-A

+23.41%

Max(CAGR)

MTB

+8.40%

Winner

HEI-A

+24.03%

MTB vs HEI-A - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	MTB	HEI-A
2026	+3.83%	-12.94%
2025	+10.48%	+35.93%
2024	+39.71%	+31.65%
2023	-1.61%	+20.11%
2022	-5.85%	-6.78%
2021	+24.76%	+12.70%
2020	-22.69%	+23.76%
2019	+20.18%	+48.30%
2018	-14.69%	+25.84%
2017	+11.15%	+45.71%
2016	+36.28%	+43.05%
2015	-1.12%	N/A
2014	+11.72%	N/A
2013	+18.22%	N/A
2012	+30.33%	N/A
2011	-10.03%	N/A
2010	+34.50%	N/A
2009	+23.24%	N/A
2008	-25.55%	N/A
2007	-31.82%	N/A
2006	+12.19%	N/A
2005	+4.73%	N/A
2004	+12.23%	N/A
2003	+22.06%	N/A
2002	+10.99%	N/A
2001	+13.92%	N/A
2000	+69.50%	N/A
1999	-16.09%	N/A

MTB vs HEI-A Drawdown Comparison

The maximum drawdown for MTB was -73.52%, occurring on Mar 5, 2009. Recovery took 1428 trading sessions.

The maximum drawdown for HEI-A was -49.70%, occurring on Mar 18, 2020. Recovery took 302 trading sessions.

The current MTB drawdown is -10.99%. The current HEI-A drawdown is -18.93%.

Rank	MTB	HEI-A
#1	-73.52% Feb 20, 2007 - Oct 17, 2012	-49.70% Aug 29, 2019 - Nov 9, 2020
#2	-52.97% Mar 9, 2018 - Jan 7, 2022	-27.11% Jan 15, 2026 - Apr 29, 2026
#3	-40.69% Sep 12, 2022 - Sep 19, 2024	-25.90% Nov 9, 2021 - Feb 15, 2023
#4	-28.19% Nov 25, 2024 - Jan 8, 2026	-24.91% Sep 14, 2018 - Feb 15, 2019
#5	-26.75% Nov 2, 1999 - Aug 4, 2000	-18.84% Jun 8, 2021 - Nov 9, 2021
#6	-23.95% May 17, 2002 - May 30, 2003	-17.89% Nov 22, 2024 - Mar 25, 2025
#7	-23.47% Jul 22, 2015 - Nov 9, 2016	-17.71% Jan 12, 2016 - Apr 14, 2016
#8	-19.77% Jul 20, 2001 - Mar 14, 2002	-14.99% Jan 8, 2021 - Apr 15, 2021
#9	-18.02% Feb 16, 2022 - Aug 10, 2022	-14.47% May 22, 2023 - Jul 25, 2023
#10	-16.99% Feb 6, 2026 - Mar 19, 2026	-13.62% Mar 25, 2025 - May 15, 2025
#11	-16.08% Mar 1, 2017 - Dec 1, 2017	-12.63% Jan 29, 2018 - Feb 28, 2018
#12	-15.04% Dec 30, 2003 - Aug 18, 2004	-12.46% Jul 25, 2023 - Dec 4, 2023
#13	-13.61% Jan 14, 2022 - Feb 16, 2022	-10.02% Aug 4, 2025 - Jan 5, 2026
#14	-12.43% Mar 7, 2001 - Mar 30, 2001	-9.73% Dec 13, 2023 - Feb 7, 2024
#15	-12.30% Dec 5, 2014 - Mar 20, 2015	-8.80% Nov 16, 2020 - Dec 4, 2020

Correlation

Correlation between MTB and HEI-A is 0.79 which considered as a strong positive correlation - the stocks tend to move together.

0.79

-101

Dividend Comparison (1999 - 2026)

MTB vs HEI-A dividend yield comparison.

Year	MTB	HEI-A
2026	0.71%	0.05%
2025	3.24%	0.09%
2024	2.85%	0.11%
2023	3.79%	0.14%
2022	3.31%	0.15%
2021	2.93%	0.13%
2020	3.46%	0.14%
2019	2.42%	0.08%
2018	2.48%	0.18%
2017	1.75%	0.10%
2016	1.79%	0.25%
2015	2.31%	0.00%
2014	2.23%	0.00%
2013	2.41%	0.00%
2012	2.84%	0.00%
2011	3.67%	0.00%
2010	3.22%	0.00%
2009	4.19%	0.00%
2008	4.88%	0.00%
2007	3.19%	0.00%
2006	1.84%	0.00%
2005	1.60%	0.00%
2004	1.48%	0.00%
2003	1.22%	0.00%
2002	1.32%	0.00%
2001	1.37%	0.00%
2000	0.92%	0.00%
1999	0.30%	0.00%