UMB Financial Corp (UMBF) Releases Earnings Results, Beats Expectations By $0.11 EPS

UMB Financial Corp (UMBF) reported quarterly earnings results on Tuesday, Apr-26-2016. The company said it had a profit of $0.79 Earnings per Share for the quarter. The results exceeded Wall Street expectations beating the analyst consensus estimate by $0.11. Analysts had a consensus of $0.68. The company posted revenue of $234.20 million in the period, compared to analysts expectations of $232.89 million. The company’s revenue was up 8.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.75 EPS.

UMB Financial Corp closed down -0.22 points or -0.41% at $52.99 with 4,83,263 shares getting traded on Friday. Post opening the session at $53.09, the shares hit an intraday low of $52.8 and an intraday high of $53.52 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.

In a different news, on Apr 5, 2016, Greg M Graves (director) purchased 20 shares at $50.48 per share price. According to the SEC, on Mar 14, 2016, Andrew J Iseman (CEO of Subsidiary) sold 3,672 shares at $51.82 per share price. On Mar 10, 2016, Kris A Robbins (director) sold 600 shares at $50.25 per share price, according to the Form-4 filing with the securities and exchange commission.

UMB Financial Corporation is a financial holding company. The Company’s primary banking subsidiary is UMB Bank National Association (the Bank). The Company supplies banking services institutional investment management asset servicing and payment solutions in the United States and across the world. The Company operates in four segments: Bank Institutional Investment Management Asset Servicing and Payment Solutions. The Bank provides banking services to commercial retail Government and correspondent bank customers. Institutional Investment Management segment provides equity and fixed income investment strategies. Asset Servicing segment provides services to the asset management industry for investment products including mutual funds alternative investments and managed accounts. Payment Solutions segment provides consumer and commercial credit and debit card prepaid debit card solutions healthcare services and institutional cash management.

UMB Financial Corp

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