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$MTB's common equity Tier 1 ratio under the current transitional Basel III capital rules was an estimated 10.76%, compared to 11.01% at the end of 2Q16. This reflects earnings retention, less $350MM of share repurchases during 3Q16, $110MM in dividends paid during the quarter, as well as the impact of net asset growth.
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.