UMB Bank (UMBF) Tops Q4 EPS by 18c

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UMB Financial Corporation Reports Record Earnings of $243.6 Million for the Full-Year 2019

January 28, 2020 5:00 PM EST

2019 Financial Highlights (all comparisons to the prior year)

Average loan balances increased $1.2 billion, or 10.0 percent; annual gross loan production of $3.6 billion increased 39.1 percent Average deposits grew 13.7 percent to $19.3 billion Noninterest income increased 6.2 percent, and comprised 38.9 percent of revenue Credit quality remained strong, with net charge-offs of just 0.27 percent of average loans, consistent with the companys historical performance

KANSAS CITY, Mo.--(BUSINESS WIRE)-- UMB Financial Corporation (Nasdaq: UMBF), a financial services company, announced income from continuing operations for... More