UMB Financial Corporation (Nasdaq: UMBF), a diversified financial
holding company, announced earnings for the three months ended September
30, 2014 of $35.6 million or $0.79 per share ($0.78 diluted). This is an
increase of $1.2 million, or 3.5 percent, compared to third quarter 2013
earnings of $34.4 million or $0.85 per share ($0.83 diluted). Earnings
for the nine months ended September 30, 2014, were $93.7 million or
$2.09 per share ($2.06 diluted) or a decrease of $5.6 million, or 5.6
percent, compared to the prior year-to-date earnings of $99.3 million or
$2.47 per share ($2.44 diluted).
“In the third quarter, UMB delivered sound results against our business
model that emphasizes diverse revenue sources, high quality credit, a
strong balance sheet and low-cost funding,” said Mariner Kemper,
Chairman and Chief Executive Officer.
for UMB Financial Corporation Reports Third Quarter 2014 Earnings of $35.6 million, or $0.78 per Diluted Share investment picks