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UMB: Q1 Earnings Snapshot

By AP News
Published

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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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on UMBF at https://www.zacks.com/ap/UMBF

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