UMB Bank (UMBF) Misses Q2 EPS by 2c, Revenues Miss

UMB Bank (NASDAQ: UMBF) reported Q2 EPS of $1.12, $0.02 worse than the analyst estimate of $1.14. Revenue for the quarter came in at $250.52 million versus the consensus estimate of $265.18 million.

“Highlights for the second quarter included 5.8 percent growth in our loan portfolio, continued positive operating leverage, and a 56 basis point expansion in our loan yields,” said Mariner Kemper, chairman and chief executive officer. “Our net interest margin expanded 12 basis points and drove a 9.3 percent increase in our net interest income.”

For earnings history and earnings-related data on UMB Bank (UMBF) click here.

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