UMB Financial Corp Q4 Profit Increases, Beats Estimates

UMB Financial Corp (UMBF) announced earnings for its fourth quarter that increased from last year and beat the Street estimates.

The company's bottom line totaled $120.00 million, or $2.44 per share. This compares with $70.92 million, or $1.45 per share, last year.

Excluding items, UMB Financial Corp reported adjusted earnings of $122.58 million or $2.49 per share for the period.

Analysts on average had expected the company to earn $2.26 per share. Analysts' estimates typically exclude special items.

UMB Financial Corp earnings at a glance (GAAP) :

-Earnings: $120.00 Mln. vs. $70.92 Mln. last year.
-EPS: $2.44 vs. $1.45 last year.

by RTTNews Staff Writer

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