Manufacturers and Traders Trust Company: how it compares with its peers
Against 20 U.S. banks with half to twice its assets, Manufacturers and Traders Trust Company's strongest measure in Q2 2026 is net interest margin (3.84% vs. a 3.19% peer median). Its weakest relative measure is assets per employee ($10.6M vs. $13.3M).
| Measure | This bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 1.40% | 1.12% | Top third Ahead of 75% of peers |
| Net interest margin Annualized net interest income over earning assets. | 3.84% | 3.19% | Top third Ahead of 80% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 53.57% | 58.33% | Top third Ahead of 70% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $10.6M | $13.3M | Bottom third Ahead of 20% of peers |
| Loans to deposits Net loans and leases over total deposits. | 81.89% | 73.92% | Context |
What it means for lending operations
Its efficiency ratio of 53.57% is better than the 58.33% peer median. Banks that already run lean usually find their next gains in loan growth: faster digital applications and fewer borrowers abandoning a slow document chase.
Banks closest in size
- American Express National Bank Sandy, UT · $213.95B
- Citizens Bank, National Association Providence, RI · $232.52B
- First-Citizens Bank & Trust Company Raleigh, NC · $236.32B
- KeyBank National Association Cleveland, OH · $188.56B
- Ally Bank Sandy, UT · $188.18B
- Morgan Stanley Private Bank, National Association Purchase, NY · $250.43B
Questions about Manufacturers and Traders Trust Company
How big is Manufacturers and Traders Trust Company?
Manufacturers and Traders Trust Company, established in 1856, is headquartered in Buffalo, NY. It reported $218.79B in total assets in its Q2 2026 FDIC call report and operates 960 offices.
What is Manufacturers and Traders Trust Company's return on assets?
1.40% annualized in Q2 2026, against a 1.12% median for 20 U.S. banks with half to twice its assets, ahead of 75% of them.
What is Manufacturers and Traders Trust Company's efficiency ratio?
53.57% in Q2 2026: it spent about 54 cents in noninterest expense for each dollar of revenue. The peer median is 58.33%, and lower is better.
Is Manufacturers and Traders Trust Company growing its loans?
Net loans grew 5.3% over the year to Q2 2026, while deposits grew 2.3%.
Sources and method
Figures are from the FDIC’s public call report data for the quarter ending 06/30/2026, via FDIC BankFind. Return on assets and net interest margin are annualized year to date. Peers are U.S. banks with half to twice its assets in the same quarter, excluding this bank. The page refreshes daily, so new quarters appear as banks file. Compare another bank or see every New York bank ranked.