UMB: Q4 Earnings Snapshot

Associated Press Finance

01-29

KANSAS CITY, Mo. (AP) — KANSAS CITY, Mo. (AP) — UMB Financial Corp. (UMBF) on Tuesday reported fourth-quarter earnings of $120 million.

The Kansas City, Missouri-based bank said it had earnings of $2.44 per share. Earnings, adjusted for non-recurring costs, were $2.49 per share.

The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $2.30 per share.

The bank holding company posted revenue of $720.2 million in the period. Its revenue net of interest expense was $440.6 million, which also beat Street forecasts. Four analysts surveyed by Zacks expected $414.1 million.

For the year, the company reported profit of $441.2 million, or $8.99 per share. Revenue was reported as $1.65 billion.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on UMBF at https://www.zacks.com/ap/UMBF

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(AP) — KANSAS CITY, Mo. (AP) — UMB Financial Corp. (UMBF) on Tuesday reported fourth-quarter earnings of $120 million.</p>\n<p>The Kansas City, Missouri-based bank said it had earnings of $2.44 per share. Earnings, adjusted for non-recurring costs, were $2.49 per share.</p>\n<p>The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $2.30 per share.</p>\n<p>The bank holding company posted revenue of $720.2 million in the period. Its revenue net of interest expense was $440.6 million, which also beat Street forecasts. Four analysts surveyed by Zacks expected $414.1 million.</p>\n<p>For the year, the company reported profit of $441.2 million, or $8.99 per share. Revenue was reported as $1.65 billion.</p>\n<p>_____</p>\n<p>This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. 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(UMBF) on Tuesday reported fourth-quarter earnings of $120 million.\nThe Kansas City, Missouri-based bank said it had earnings of $2.44 per share. Earnings, adjusted for non-recurring costs, were $2.49 per share.\nThe results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $2.30 per share.\nThe bank holding company posted revenue of $720.2 million in the period. Its revenue net of interest expense was $440.6 million, which also beat Street forecasts. Four analysts surveyed by Zacks expected $414.1 million.\nFor the year, the company reported profit of $441.2 million, or $8.99 per share. Revenue was reported as $1.65 billion.\n_____\nThis story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. 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