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$MTB expects continued pressure in the core net interest margin in the area of 2-3 BPs. The company expects growth in net interest income to continue to be challenged, while it transitions its New Jersey operations to a commercial banking profile amidst the ongoing difficult interest rate environment.
No better outlook on $MSFT. Even if the results beat a bit, the stock may move 4 to 6% higher, but won't go above $60.