M&T Bank (MTB) Stock Could Be A Bargain Despite Its 90% Run

M&T Bank has delivered a strong share price run over the past few years, and that kind of move always raises a simple question for investors. Is the current US$218.66 price still grounded in the returns the bank earns on the capital it deploys, or is the market starting to ask for more than the business is actually delivering? Over the past 3 years the stock has gained 89.7%. That puts real weight on whether those gains are backed by sustainably strong returns on equity and invested...