UMB Financial Corporation (Nasdaq: UMBF), a diversified financial
holding company, announced earnings for the three months ended June 30,
2014 of $34.7 million or $0.77 per share ($0.76 diluted). This is an
increase of $4.7 million, or 15.8 percent, compared to second quarter
2013 earnings of $29.9 million or $0.75 per share ($0.74 diluted).
Earnings for the six months ended June 30, 2014, were $58.1 million or
$1.30 per share ($1.28 diluted). This is a decrease of $6.8 million, or
10.5 percent, compared to the prior year-to-date earnings of $64.9
million or $1.62 per share ($1.61 diluted).
“As our second quarter results demonstrate, the strength of our business
model relies on 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 Second Quarter 2014 Earnings of $34.7 million, or $0.76 per Diluted Share investment picks