UMB Bank (UMBF) Tops Q3 EPS by 6c

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UMB Financial Corporation Reports Third Quarter 2017 Income from Continuing Operations of $48.9 Million, or $0.98 per diluted share

October 24, 2017 5:00 PM EDT

KANSAS CITY, Mo.--(BUSINESS WIRE)-- UMB Financial Corporation (Nasdaq: UMBF), a diversified financial holding company, announced income from continuing operations for the third quarter 2017 of $48.9 million or $0.98 per diluted share, compared to $44.8 million or $0.90 per diluted share in the second quarter 2017 (linked quarter) and $39.4 million or $0.80 per diluted share in the third quarter 2016. Results from continuing operations exclude the impact of the previously announced divestiture of Scout Investments, Inc., the companys institutional investment management subsidiary. Reported GAAP income from continuing operations represents an increase of 9.2 percent on a linked-quarter basis and 24.0 percent... More