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Friday, January 14, 2011

Will J.P Morgan's Glass Be Half Full or Half MT (NYSE: JPM) (NYSE: MTB)

NEW YORK - J.P Morgan and M&T Bank will report tomorrow morning. J.P. Morgan and Chase headquartered in New York is currently the second largest bank in the United States. Earnings are expected to come in at 99 cents a share.

M&T Bank the 14th largest bank in the U.S. headquartered in Buffalo New York will also report tomorrow. Investors will be interested in how the merger with Wilmington Trust on November 1 will affects the bank's results.

These two banks are largely regarded as two of the stronger banks in the country along with PNC Financial, Wells Fargo and U.S. Bancorp.

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