* Q4 EPS $0.07 vs $0.10 last yr
* Q4 net interest income down 4 pct to $147.5 mln
* Q4 loan loss provision $13.6 mln, from $8.7 mln last yr
* Says expects to complete Financial Federal deal by mid-Feb
Jan 21 (Reuters) - Savings and loan holding company People’s United Financial Inc (PBCT.O) reported a 26 percent fall in fourth-quarter earnings, hurt by lower net interest income, and increased loan loss provisions.
The company said quarterly net profit was $24.9 million, or 7 cents a share, compared with $33.7 million, or 10 cents a share, a year earlier.
Excluding items, net income would have been $28 million, or 8 cents a share, People’s United said in a statement.
Analysts on average were looking for a profit of 8 cents a share, before items, according to Thomson Reuters I/B/E/S.
Net interest income fell 4 percent to $147.5 million.
Non-performing loans totaled $168.8 million, with the ratio of non-performing loans to total loans at 1.19 percent, as on Dec. 31, the company said.
The S&P 500 Index .SPX component said provision for loan losses for the fourth quarter was $13.6 million, up from $8.7 million last year.
People’s United, which agreed to buy Financial Federal Corp (FIF.N) for about $738 million in November, said it expects to complete the transaction by mid-February.
Shares of the Bridgeport, Connecticut-based company closed at $16.58 on Thursday on Nasdaq.
For all the alerts, please double-click [ID:nWNAB6860] (Reporting by Brenton Cordeiro in Bangalore; Editing by Anil D’Silva)