January 20, 2011 / 2:04 PM / in 7 years

RPT-UPDATE 1-Marshall & Ilsley Q4 loss narrows to $133.4 mln

* Net loss of $133.4 million

* Q4 EPS loss of 25 cents vs Street view 24 cent-loss

NEW YORK, Jan 20 (Reuters) - Marshall & Ilsley Corp MI.N said on Thursday that its fourth-quarter loss narrowed to $133.4 million, slightly missing estimates, as losses on bad loans fell.

The Milwaukee, Wisconsin-based bank, which has agreed to be sold to Canada’s Bank of Montreal (BMO.TO), posted a loss of 25 cents per share. That compared with a year-earlier net loss of $259.5 million, or 54 cents per share.

Analysts on average had expected the bank to report a loss of 24 cents per share, according to Thomson Reuters I/B/E/S.

The bank’s shares closed at $7.16 on Wednesday and were off 4 cents in thin premarket trading. (Reporting by Maria Aspan, editing by Gerald E. McCormick)

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