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.
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