Investopedia: M&T Bank Looking Like A Diesel

There's a good reason that you won't see a diesel-powered car racing around Daytona next month, nor under the hood in the next Ferrari or Lamborghini. Diesel has many good points, including reliability and long-run power, but it is not known for sounding good, looking good or demonstrating great acceleration. That comparison comes to mind now when looking at M&T Bank (NYSE:MTB) - while the underlying quality of this bank is exceptional, it's going to take time for operations to get back up to speed.

A Disappointing Q4 in Some Respects  
Bank earnings always have certain charges, gains and exceptions, so M&T Bank's earnings are not unusual in that respect. All of that said, the earnings reported this quarter were somewhat disappointing.

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http://stocks.investopedia.com/stock-analysis/2012/MT-Bank-Looking-Like-A-Diesel-MTB-PNC-WFC-FNFG-KEY0119.aspx