UMB Financial Corporation Reports Third Quarter 2020 Net Income of $73.1 Million and Announces 3.2% Dividend Increase

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UMB Bank (UMBF) Tops Q3 EPS by 57c

October 27, 2020 5:02 PM EDT

UMB Bank (NASDAQ: UMBF) reported Q3 EPS of $1.59, $0.57 better than the analyst estimate of $1.02.

Third Quarter 2020 Highlights

GAAP net income of $73.1 million, or $1.52 per diluted share; net operating income of $76.4 million, or $1.59 per diluted share.Pre-tax, pre-provision (PTPP) income of $99.4 million, an increase of 10.2% from the linked quarter.Average loans increased 16.8% on a linked-quarter,... More