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UMB Bank (UMBF) Tops Q3 EPS by 9c

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UMB Financial Corporation Reports Third Quarter 2016 Earnings of $41.9 million, or $0.85 per Diluted Share

October 25, 2016 4:45 PM EDT

KANSAS CITY, Mo.--(BUSINESS WIRE)-- UMB Financial Corporation (Nasdaq: UMBF), a diversified financial holding company, announced earnings for the third quarter 2016 of $41.9 million or $0.85 per diluted share, compared to $37.5 million or $0.76 per diluted share in the second quarter 2016 (linked quarter) and $22.5 million or $0.46 per diluted share during the third quarter 2015. Year-to-date earnings as of September 30, 2016, were $115.9 million or $2.36 per diluted share, compared to $86.4 million or $1.84 per diluted share for the nine month period ended September 30, 2015.

Net operating income, a non-GAAP financial measure which is reconciled to the nearest comparable GAAP measure later... More