UMB: Q1 Earnings Snapshot
By Ap News
Published - Apr 29, 2024, 07:43 AM ET
Last Updated - May 27, 2024, 01:05 AM EDT
KANSAS CITY, Mo. (AP) — KANSAS CITY, Mo. (AP) — UMB Financial Corp. (UMBF) on Monday reported net income of $110.3 million in its first quarter.
The Kansas City, Missouri-based bank said it had earnings of $2.25 per share. Earnings, adjusted for one-time gains and costs, were $2.47 per share.
The bank holding company posted revenue of $679.3 million in the period. Its revenue net of interest expense was $405.2 million, exceeding Street forecasts. Three analysts surveyed by Zacks expected $369.8 million.
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