UMB Financial Corp Q4 Profit Increases, Beats Estimates

(RTTNews) - UMB Financial Corp (UMBF) announced earnings for its fourth quarter that increased from last year and beat the Street estimates.

The company's bottom line totaled $120.00 million, or $2.44 per share. This compares with $70.92 million, or $1.45 per share, last year.

Excluding items, UMB Financial Corp reported adjusted earnings of $122.58 million or $2.49 per share for the period.

Analysts on average had expected the company to earn $2.26 per share. Analysts' estimates typically exclude special items.

UMB Financial Corp earnings at a glance (GAAP) :

-Earnings: $120.00 Mln. vs. $70.92 Mln. last year. -EPS: $2.44 vs. $1.45 last year.