M&T Bank Corporation's (MTB) net operating earnings of $2.01 per share for fourth-quarter 2016 lagged the Zacks Consensus Estimate $2.03. Also, the bottom line declined 3.8% year over year.
M&T Bank came out with net operating earnings per share of $2.01 for fourth-quarter 2016, missing the Zacks Consensus Estimate by 2 cents. Earnings miss reflected higher provision for credit losses.
We expect Citigroup (C) to beat earnings expectations when it reports its fourth-quarter and 2016 results tomorrow, before the opening bell.
Will BNY Mellon (BK) be able to maintain its earnings streak this quarter? Let's see how things have shaped up for this earnings release.