Bank Mutual Reveals 100% Drop In Q4 Bottom Line

(RTTNews) - Bank Mutual (BKMU) reported earnings for fourth quarter that fell compared to the same period last year.

The company said its profit totaled $1.87 million, or $0.04 per share. This was lower than $4.08 billion, or $0.09 per share, in last year's fourth quarter.

Analysts had expected the company to earn $0.11 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

Bank Mutual earnings at a glance:

-Earnings (Q4): $1.87 Mln. vs. $4.08 Bln. last year. -Earnings Decline (Y-o-Y): -100.0% -EPS (Q4): $0.04 vs. $0.09 last year. -EPS Decline (Y-o-Y): -55.6% -Analysts Estimate: $0.11