M&T Bank Corp. (MTB: chart), commercial and retail banking services provider, reported a fourth-quarter net income of $213.3 million, or $1.98 per share compared with a last-year profit of $205 million, or $1.85 per share. GAAP earnings increased 6% to $1.88 per share versus $1.78 per share in the same quarter a year earlier. Net operating income jumped to $225 million from $213 million a year earlier. Taxable-equivalent net interest income gained 4% and reached $472 million versus $454 million in the year-ago period.

MGIC Investment Corp. (MTG: chart), mortgage insurance provider and investment firm, said that its fourth-quarter earnings declined to $121.5 million, or $1.47 per share, compared with a year-ago profit of $128.1 million, or $1.44 per share. Revenue declined 1% to $367.2 million versus $370.9 million in the same period a year earlier.

Stride Rite (SRR: chart), footwear maker, said that its fourth-quarter net income increased to $600,000, or 2 cents per share, compared with a loss of $3.1 million, or 8 cents per share in the year-ago period. Excluding items, earnings in the latest period were 4 cents per share. Revenue grew 15% to $152 million, from $131.7 million last year.